IPG Photonics Corporation IPGP NASDAQ

IPG Photonics Corporation (IPGP) has shown declining revenue growth over the past 3 years, expanding from $1.4B to $1.0B (average -10.4%/yr). Net income reached $31M, reflecting solid earnings growth at +11.1%/yr on average. The net profit margin is 3.1%, which is thin. the company was profitable in 3 out of the last 4 years tracked. The gross margin is 38% (moderate), with a -0.9pp trend over the period. With a $5B market cap and MOAT composite score of 56/100, the company has a moderate competitive position.

Criteria proven by this page:

• GROWTH (48/100, Partial) — growth is present but not consistently above 5% across both metrics
• PAST (75/100, Partial) — profitability has been inconsistent. Looking at the full 25-year history, the company was profitable in 21 of 25 years — a solid long-term record with occasional losses
• INCOME (30/100, Partial) — the company is profitable but margin is below 15%
• MOAT (56/100, Partial) — some competitive advantages are present but not dominant

Overall SharesGrow Score: 56/100 with 1/7 criteria passed.