Ipg Photonics CorpIPGP

NasdaqTechnologySemiconductors & Related Devices
Price (close)
$77.42
Market cap
$3.3B
P/E
119.5x
Revenue (TTM)
$1.1B
Net income
$27.6M
Dividend yield
—
1-year total return
-2.3%
Net margin
2.6%
Revenue growth
13.0%
Debt / equity
—

What Ipg Photonics Corp does.

IPG Photonics Corporation ("IPG", the "Company", the "Registrant", "we", "us" or "our") develops, manufactures and sells high-performance fiber lasers, fiber amplifiers, diode lasers and laser-based systems that are used for diverse applications in materials processing, medical and advanced applications. Fiber lasers combine the advantages of semiconductor diodes, such as long life and high efficiency, with the high amplification and precise beam qualities of specialty optical fibers to deliver superior performance, reliability and usability.

We sell our products globally to original equipment manufacturers ("OEMs"), system integrators and end users. We market our products internationally, primarily through our direct sales force. Our major manufacturing facilities are located in the United States and Germany. We have sales service offices and applications laboratories worldwide.

We are vertically integrated such that we design and manufacture most of the key components used in our finished products, from semiconductor diodes to optical fiber preforms, finished fiber lasers and amplifiers. We manufacture complementary products used with our lasers including optical delivery cables, fiber couplers, beam switches, optical processing heads, in-line sensors and chillers. Our vertically integrated operations allow us to control quality, rapidly develop and integrate advanced products and protect our proprietary technology.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$1.2B$1.5B$1.4B$1.3B$977.1M$1.0B
Net income$159.6M$278.4M$109.9M$218.9M-$181.5M$31.1M
Free cash flow$197.6M$266.6M$102.5M$185.5M$149.4M-$3.5M

More on IPGP.

Figures from Ipg Photonics Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.