IPG Photonics Corporation (IPGP) — Free Cash Flow Generation Index

Latest as of June 2026: 0.45x

IPG Photonics Corporation (IPGP) has a Free Cash Flow Generation Index of 0.45x as of June 2026. Free cash flow of $17.08 Million represents 0% of operating cash flow ($37.79 Million). Explore how much does IPG Photonics Corporation reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.45x
Free Cash Flow / Operating CF

Free Cash Flow

$17.08 Million
USD

Operating Cash Flow

$37.79 Million
USD

Capital Expenditures

$20.71 Million
USD

IPG Photonics Corporation Free Cash Flow Generation Index (2004–2025)

Historical FCF Generation Index trend for IPG Photonics Corporation across 22 annual periods. For the full cash flow conversion analysis, see IPGP cash generation efficiency.

Annual Free Cash Flow Generation for IPG Photonics Corporation (2004–2025)

Year-by-year Free Cash Flow Generation Index for IPG Photonics Corporation. Check total reinvestment intensity of IPG Photonics Corporation to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 -0.05x $-3.45 Million $75.34 Million $78.80 Million ▼ -107.6%
2024 0.60x $149.37 Million $247.90 Million $98.52 Million ▼ -3.9%
2023 0.63x $185.50 Million $295.99 Million $110.48 Million ▲ +30.0%
2022 0.48x $102.51 Million $212.65 Million $110.14 Million ▼ -29.5%
2021 0.68x $266.59 Million $389.70 Million $123.11 Million ▼ -1.2%
2020 0.69x $197.64 Million $285.33 Million $87.70 Million ▲ +18.0%
2019 0.59x $189.99 Million $323.52 Million $133.54 Million ▼ -0.9%
2018 0.59x $232.96 Million $393.30 Million $160.34 Million ▼ -13.8%
2017 0.69x $277.91 Million $404.45 Million $126.53 Million ▲ +21.5%
2016 0.57x $165.25 Million $292.29 Million $127.04 Million ▼ -22.2%
2015 0.73x $186.45 Million $256.57 Million $70.12 Million ▲ +43.0%
2014 0.51x $93.60 Million $184.21 Million $90.60 Million ▲ +25.2%
2013 0.41x $48.45 Million $119.37 Million $70.92 Million ▼ -33.5%
2012 0.61x $107.09 Million $175.50 Million $68.41 Million ▲ +56.2%
2011 0.39x $34.34 Million $87.93 Million $53.58 Million ▼ -29.3%
2010 0.55x $35.05 Million $63.42 Million $28.37 Million ▼ -31.5%
2009 0.81x $43.91 Million $54.41 Million $10.50 Million ▲ +1246.8%
2008 -0.07x $-2.44 Million $34.67 Million $37.11 Million ▲ +96.8%
2007 -2.22x $-23.68 Million $10.66 Million $34.34 Million ▼ -3341.5%
2006 -0.06x $-1.24 Million $19.20 Million $20.44 Million ▲ +63.5%
2005 -0.18x $-2.40 Million $13.59 Million $15.99 Million ▼ -150.0%
2004 0.35x $2.21 Million $6.25 Million $4.04 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).