IPG Photonics Corporation (IPGP) - Net Assets
Based on the latest financial reports, IPG Photonics Corporation (IPGP) has net assets worth $2.13 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.42 Billion) and total liabilities ($296.15 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of IPG Photonics Corporation to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.13 Billion |
| % of Total Assets | 87.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | -22.54% |
| 10-Year Change | 36.62% |
| Growth Volatility | 17.61 |
IPG Photonics Corporation - Net Assets Trend (2002–2025)
This chart illustrates how IPG Photonics Corporation's net assets have evolved over time, based on quarterly financial data. Also explore IPG Photonics Corporation total assets for the complete picture of this company's asset base.
Annual Net Assets for IPG Photonics Corporation (2002–2025)
The table below shows the annual net assets of IPG Photonics Corporation from 2002 to 2025. For live valuation and market cap data, see IPG Photonics Corporation market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.13 Billion | +5.12% |
| 2024-12-31 | $2.02 Billion | -16.18% |
| 2023-12-31 | $2.42 Billion | +1.26% |
| 2022-12-31 | $2.39 Billion | -13.17% |
| 2021-12-31 | $2.75 Billion | +5.90% |
| 2020-12-31 | $2.59 Billion | +7.98% |
| 2019-12-31 | $2.40 Billion | +8.89% |
| 2018-12-31 | $2.21 Billion | +9.09% |
| 2017-12-31 | $2.02 Billion | +29.83% |
| 2016-12-31 | $1.56 Billion | +23.56% |
| 2015-12-31 | $1.26 Billion | +20.46% |
| 2014-12-31 | $1.05 Billion | +12.78% |
| 2013-12-31 | $927.97 Million | +24.91% |
| 2012-12-31 | $742.93 Million | +51.70% |
| 2011-12-31 | $489.73 Million | +54.51% |
| 2010-12-31 | $316.96 Million | +23.54% |
| 2009-12-31 | $256.57 Million | +5.46% |
| 2008-12-31 | $243.30 Million | +18.89% |
| 2007-12-31 | $204.63 Million | +26.77% |
| 2006-12-31 | $161.42 Million | +454.34% |
| 2005-12-31 | $-45.56 Million | +6.12% |
| 2004-12-31 | $-48.53 Million | -148.65% |
| 2002-12-31 | $-19.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IPG Photonics Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 264496400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.64 Billion | 124.29% |
| Common Stock | $6.00K | 0.00% |
| Other Comprehensive Income | $-38.38 Million | -1.80% |
| Total Equity | $2.13 Billion | 100.00% |
IPG Photonics Corporation Competitors by Market Cap
The table below lists competitors of IPG Photonics Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hongta Securities Co Ltd
SHG:601236
|
$5.18 Billion |
|
Mercury General Corporation
NYSE:MCY
|
$5.18 Billion |
|
Promotora y Operadora de Infraestructura S. A. B. de C. V
MX:PINFRA
|
$5.18 Billion |
|
Everus Construction Group Inc
NYSE:ECG
|
$5.18 Billion |
|
Paylocity Holdng
NASDAQ:PCTY
|
$5.18 Billion |
|
SmartSens Technology (Shanghai) Co. Ltd. A
SHG:688213
|
$5.18 Billion |
|
Beijing Shougang Co Ltd
SHE:000959
|
$5.17 Billion |
|
Balchem Corporation
NASDAQ:BCPC
|
$5.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IPG Photonics Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,024,471,000 to 2,128,130,000, a change of 103,659,000 (5.1%).
- Net income of 31,096,000 contributed positively to equity growth.
- Share repurchases of 54,192,000 reduced equity.
- Other comprehensive income increased equity by 80,984,001.
- Other factors increased equity by 45,770,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $31.10 Million | +1.46% |
| Share Repurchases | $54.19 Million | -2.55% |
| Other Comprehensive Income | $80.98 Million | +3.81% |
| Other Changes | $45.77 Million | +2.15% |
| Total Change | $- | 5.12% |
Book Value vs Market Value Analysis
This analysis compares IPG Photonics Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.46x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 243.64x to 2.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $0.50 | $122.87 | x |
| 2002-12-31 | $-0.84 | $122.87 | x |
| 2004-12-31 | $-1.27 | $122.87 | x |
| 2005-12-31 | $-1.54 | $122.87 | x |
| 2006-12-31 | $4.81 | $122.87 | x |
| 2007-12-31 | $4.38 | $122.87 | x |
| 2008-12-31 | $5.15 | $122.87 | x |
| 2009-12-31 | $5.50 | $122.87 | x |
| 2010-12-31 | $6.66 | $122.87 | x |
| 2011-12-31 | $9.11 | $122.87 | x |
| 2012-12-31 | $14.42 | $122.87 | x |
| 2013-12-31 | $17.72 | $122.87 | x |
| 2014-12-31 | $19.81 | $122.87 | x |
| 2015-12-31 | $23.57 | $122.87 | x |
| 2016-12-31 | $28.95 | $122.87 | x |
| 2017-12-31 | $36.97 | $122.87 | x |
| 2018-12-31 | $40.30 | $122.87 | x |
| 2019-12-31 | $44.61 | $122.87 | x |
| 2020-12-31 | $48.21 | $122.87 | x |
| 2021-12-31 | $50.93 | $122.87 | x |
| 2022-12-31 | $46.84 | $122.87 | x |
| 2023-12-31 | $51.04 | $122.87 | x |
| 2024-12-31 | $45.66 | $122.87 | x |
| 2025-12-31 | $49.90 | $122.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IPG Photonics Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.10%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.14x
- Recent ROE (1.46%) is above the historical average (-6.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -410.44% | -187.32% | 0.21x | 10.61x | $-50.83 Million |
| 2002 | 0.00% | -222.66% | 0.19x | 0.00x | $-47.43 Million |
| 2004 | 0.00% | 3.31% | 0.55x | 0.00x | $6.92 Million |
| 2005 | 0.00% | 7.71% | 0.83x | 0.00x | $12.08 Million |
| 2006 | 18.43% | 20.41% | 0.62x | 1.47x | $13.37 Million |
| 2007 | 14.93% | 15.84% | 0.72x | 1.32x | $9.88 Million |
| 2008 | 15.39% | 16.00% | 0.73x | 1.32x | $12.84 Million |
| 2009 | 2.11% | 2.92% | 0.59x | 1.22x | $-20.22 Million |
| 2010 | 17.04% | 18.04% | 0.68x | 1.39x | $22.32 Million |
| 2011 | 26.56% | 24.82% | 0.78x | 1.37x | $73.43 Million |
| 2012 | 19.52% | 25.78% | 0.63x | 1.21x | $70.71 Million |
| 2013 | 16.79% | 24.04% | 0.61x | 1.14x | $62.98 Million |
| 2014 | 19.15% | 26.04% | 0.64x | 1.16x | $95.79 Million |
| 2015 | 19.23% | 26.87% | 0.62x | 1.15x | $116.20 Million |
| 2016 | 16.74% | 25.92% | 0.56x | 1.15x | $105.00 Million |
| 2017 | 17.19% | 24.67% | 0.59x | 1.17x | $145.38 Million |
| 2018 | 18.32% | 27.68% | 0.57x | 1.17x | $183.47 Million |
| 2019 | 7.50% | 13.71% | 0.48x | 1.14x | $-59.94 Million |
| 2020 | 6.15% | 13.29% | 0.41x | 1.13x | $-99.71 Million |
| 2021 | 10.14% | 19.06% | 0.46x | 1.15x | $3.76 Million |
| 2022 | 4.61% | 7.69% | 0.52x | 1.15x | $-128.63 Million |
| 2023 | 9.06% | 17.00% | 0.48x | 1.12x | $-22.66 Million |
| 2024 | -8.97% | -18.58% | 0.43x | 1.13x | $-383.97 Million |
| 2025 | 1.46% | 3.10% | 0.41x | 1.14x | $-181.72 Million |
Industry Comparison
This section compares IPG Photonics Corporation's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $1,095,918,141
- Average return on equity (ROE) among peers: -17.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IPG Photonics Corporation (IPGP) | $2.13 Billion | -410.44% | 0.14x | $5.18 Billion |
| Axcelis Technologies Inc (ACLS) | $353.61 Million | 35.90% | 0.38x | $2.81 Billion |
| Acm Research Inc (ACMR) | $926.16 Million | 8.35% | 0.61x | $3.12 Billion |
| Aehr Test Systems (AEHR) | $7.03 Million | 6.00% | 0.74x | $2.17 Billion |
| Applied Materials Inc (AMAT) | $8.07 Billion | -1.85% | 0.28x | $308.78 Billion |
| Ambarella Inc (AMBA) | $156.36 Million | 16.41% | 0.17x | $2.88 Billion |
| Amkor Technology Inc (AMKR) | $243.16 Million | -187.81% | 8.80x | $14.36 Billion |
| ASML Holding NV ADR (ASML) | $1.09 Billion | 31.74% | 1.20x | $546.45 Billion |
| Amtech Systems Inc (ASYS) | $6.40 Million | -9.38% | 0.45x | $201.11 Million |
| Atomera Inc (ATOM) | $16.86 Million | -77.52% | 0.06x | $197.35 Million |
| AXT Inc (AXTI) | $93.25 Million | 5.67% | 0.21x | $2.62 Billion |
About IPG Photonics Corporation
IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in materials processing, medical, and advanced applications worldwide. The company offers laser products, including hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser sys… Read more