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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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Ipg Photonics Corp quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
- Ipg Photonics Corp Return On Assets for the quarter ending June 30, 2024 was 5.38 %, a 40.5% increase year-over-year.
- Ipg Photonics Corp annual Return On Assets for 2023 was 8.15 %, a 120% increase from 2022.
- Ipg Photonics Corp annual Return On Assets for 2022 was 3.71 %, a 58.7% decline from 2021.
- Ipg Photonics Corp annual Return On Assets for 2021 was 8.99 %, a 57.4% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)