Coherent
COHR
317.36
+21.38
+7.22%
Coherent
US · COHR
#285 by market cap
Listed 1970
+7.22%
317.36
+21.38
+7.22%
Collector offline (last heartbeat: 305636s ago)
· 2026-09-18 20:01
Pre-market
305.89
+3.35%
After-hours
317.70
+0.11%
Overnight
301.83
+1.98%
- Market cap
- 62.15B
- P/E (TTM)i
- 77.03
- P/Bi
- 5.70
- EPSi
- 4.12
- Div yieldi
- 0.00%
- 52W posi
- 64%
Reader sentiment
Are you bullish or bearish on COHR?
Anonymous reader poll. Unscientific, not investment advice.
Revenue annual, last 8 years
Latest year +22.51% YoY
Margins
- Gross margin
- 37.50%
- Operating margin
- 12.67%
- Net margin
- 10.82%
Key ratios & quality
- Enterprise valuei
- 63.45B
- Altman Z-Scorei
- 6.20
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 6.20, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.36B | 2.38B | 3.11B | 3.32B | 5.16B | 4.71B | 5.81B | 7.12B |
| Gross profit | 521.35M | 791.18M | 1.18B | 1.27B | 1.62B | 1.46B | 2.04B | 2.67B |
| Selling & admin expenses | 233.52M | 412.63M | 445.24M | 474.10M | 1.04B | 854.00M | 926.45M | 1.04B |
| Research & development | 139.16M | 339.07M | 330.11M | 377.11M | 499.60M | 478.79M | 581.92M | 722.95M |
| Operating profit | 148.67M | 39.48M | 402.12M | 414.29M | 81.98M | 123.18M | 534.95M | 901.52M |
| Pretax profit | 128.81M | -63.93M | 352.59M | 281.81M | -355.56M | -147.65M | 94.18M | 847.73M |
| Tax | 21.30M | 3.10M | 55.04M | 47.05M | -96.10M | 11.12M | 64.12M | 60.85M |
| Net profit | 107.52M | -67.03M | 297.55M | 234.76M | -259.46M | -158.76M | 30.06M | 786.88M |
| Basic EPS | 2 | -1 | 3 | 2 | -3 | -2 | -1 | 4 |
| Diluted EPS | 1.63 | -0.79 | 2.37 | 1.45 | -2.93 | -1.84 | -0.52 | 4.12 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 1.50B | 1.53B | 1.58B | 1.69B | 1.81B | 2.05B |
| Gross profit | 527.69M | 546.15M | 579.20M | 622.82M | 679.95M | 787.08M |
| Selling & admin expenses | 231.44M | 245.43M | 252.08M | 258.49M | 267.64M | 266.36M |
| Research & development | 150.73M | 155.74M | 154.88M | 165.71M | 185.99M | 216.38M |
| Operating profit | 145.52M | 144.98M | 172.24M | 198.62M | 226.32M | 304.34M |
| Pretax profit | 9.89M | -63.42M | 216.89M | 167.99M | 184.35M | 278.51M |
| Tax | 8.13M | 34.70M | -8.31M | 24.17M | 2.67M | 42.31M |
| Net profit | 1.77M | -98.11M | 225.20M | 143.81M | 181.67M | 236.20M |
| Basic EPS | 0 | -1 | 1 | 1 | 1 | 1 |
| Diluted EPS | -0.11 | -0.83 | 1.19 | 0.76 | 0.97 | 1.19 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 812.91M | 1.79B | 3.03B | 4.31B | 3.25B | 3.66B | 3.93B | 6.93B |
| Cash & ST investments | 204.87M | 493.05M | 1.59B | 2.58B | 821.31M | 926.03M | 909.20M | 1.99B |
| Inventory | 296.28M | 619.81M | 695.83M | 902.56M | 1.27B | 1.29B | 1.44B | 2.58B |
| Total assets | 1.95B | 5.23B | 6.51B | 7.84B | 13.71B | 14.49B | 14.91B | 18.30B |
| Total current liabilities | 270.56M | 672.89M | 729.59M | 1.27B | 1.08B | 1.34B | 1.79B | 2.85B |
| Short-term debt | 23.83M | 93.88M | 87.41M | 430.79M | 113.11M | 114.35M | 229.88M | 69.29M |
| Long-term debt | 443.16M | 2.19B | 1.31B | 1.90B | 4.23B | 4.03B | 3.50B | 3.21B |
| Total liabilities | 820,564,000.00 | 3,157,911,000.00 | 2,380,302,000.00 | 3,461,568,000.00 | 6,482,167,000.00 | 6,542,355,000.00 | 6,429,653,000.00 | 7,061,652,000.00 |
| Total equity | 1.13B | 2.08B | 4.13B | 4.38B | 7.23B | 7.95B | 8.48B | 11.24B |
| Retained earnings | 943.58M | 876.55M | 1.14B | 1.35B | 944.42M | 664.94M | 584.37M | 1.35B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 3.70B | 3.93B | 4.04B | 4.39B | 6.45B | 6.93B |
| Cash & ST investments | 890.26M | 909.20M | 852.78M | 863.74M | 2.42B | 1.99B |
| Inventory | 1.39B | 1.44B | 1.63B | 1.85B | 2.13B | 2.58B |
| Total assets | 14.44B | 14.91B | 14.70B | 15.09B | 17.29B | 18.30B |
| Total current liabilities | 1.50B | 1.79B | 1.74B | 1.95B | 2.11B | 2.85B |
| Short-term debt | 47.39M | 229.88M | 89.76M | 149.48M | 61.46M | 69.29M |
| Long-term debt | 3.73B | 3.50B | 3.26B | 3.25B | 3.18B | 3.21B |
| Total liabilities | 6,276,036,000.00 | 6,429,653,000.00 | 6,011,430,000.00 | 6,199,433,000.00 | 6,271,015,000.00 | 7,061,652,000.00 |
| Total equity | 8.17B | 8.48B | 8.69B | 8.89B | 11.02B | 11.24B |
| Retained earnings | 713.14M | 584.37M | 777.24M | 922.34M | 1.11B | 1.35B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 178.48M | 297.29M | 574.35M | 413.33M | 634.03M | 545.73M | 633.60M | 79.51M |
| Depreciation & amortization | 92.37M | 220.88M | 270.07M | 286.78M | 681.69M | 559.76M | 553.60M | 521.90M |
| Free cash flow | 41.35M | 160.42M | 428.02M | 99.00M | 197.97M | 198.92M | 192.76M | -1.03B |
| Dividends paid | 0 | 0 | -20.32M | -34.51M | -27.60M | 0 | -11.44M | -11.44M |
| Stock buybacks / issuance | -1.62M | -1.63M | 460.00M | -- | -- | 0 | 0 | 2.00B |
| Ending cash balance | 204.87M | 493.05M | 1.59B | 2.58B | 837.57M | 1.79B | 1.63B | 1.77B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 162.96M | 130.28M | 45.96M | 57.90M | -93.80M | 69.46M |
| Depreciation & amortization | 146.57M | 134.82M | 122.43M | 126.02M | 132.88M | 140.57M |
| Free cash flow | 51.14M | -1.07M | -57.99M | -95.70M | -383.48M | -493.40M |
| Dividends paid | 0 | -11.44M | -11.44M | 0 | 0 | 0 |
| Stock buybacks / issuance | -- | 0 | -- | -- | -- | -1.45M |
| Ending cash balance | 1.63B | 1.63B | 1.55B | 1.53B | 2.23B | 1.77B |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 9.97 | -4.18 | 10.34 | 5.43 | -10.47 | -5.73 | -1.48 | 9.31 |
| ROA %i | 5.79 | -1.86 | 4.43 | 2.32 | -3.75 | -1.98 | -0.55 | 4.64 |
| ROIC %i | 8.24 | -0.06 | 6.95 | 5.29 | -2.65 | -0.56 | 1.17 | 7.90 |
| 5-year avg ROE %i | 9.70 | 6.98 | -- | 6.14 | 2.22 | -0.92 | -0.38 | -0.59 |
| EBIT margin %i | 11.10 | 1.07 | 13.28 | 12.15 | -1.33 | 2.99 | 5.81 | 14.58 |
| FCF / sales %i | 3.04 | 6.58 | 13.78 | 2.99 | 3.84 | 4.23 | 3.32 | -- |
| Current ratioi | 3.00 | 2.66 | 4.15 | 3.40 | 3.01 | 2.72 | 2.19 | 2.43 |
| Quick ratioi | 1.75 | 1.62 | 3.10 | 2.61 | 1.62 | 1.34 | 1.07 | 1.19 |
| Debt / assetsi | 41.21 | 114.34 | 51.54 | 76.89 | 98.82 | 82.59 | 68.98 | 32.45 |
| LT debt / equityi | 39.11 | 109.82 | 48.59 | 63.30 | 96.33 | 80.40 | 64.91 | 31.82 |
| Interest coveragei | 6.75 | 0.28 | 6.89 | 3.32 | -0.24 | 0.49 | 1.39 | 5.46 |
| Revenue CAGR (3Y) %i | 18.10 | 34.78 | -7.88 | 34.52 | 29.43 | 14.87 | 20.55 | 11.32 |
| Net income CAGR (3Y) %i | 17.97 | -- | -- | 29.73 | -- | -- | -40.53 | -- |
| FCF CAGR (3Y) %i | -13.91 | -- | -- | 33.78 | 7.26 | -22.54 | 24.87 | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -0.59 | -1.48 | 2.09 | 2.80 | 5.00 | 9.31 |
| ROA %i | -0.22 | -0.55 | 0.80 | 1.31 | 2.53 | 4.64 |
| ROIC %i | 1.80 | 1.17 | 3.19 | 3.48 | 4.99 | 7.90 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 7.57 | 5.81 | 8.72 | 8.71 | 10.76 | 14.58 |
| FCF / sales %i | 4.58 | 3.32 | 1.22 | -- | -- | -- |
| Current ratioi | 2.47 | 2.19 | 2.33 | 2.25 | 3.05 | 2.43 |
| Quick ratioi | 1.29 | 1.07 | 1.11 | 1.01 | 1.73 | 1.19 |
| Debt / assetsi | 73.69 | 68.98 | 60.13 | 41.53 | 32.08 | 32.45 |
| LT debt / equityi | 72.81 | 64.91 | 58.59 | 39.78 | 31.50 | 31.82 |
| Interest coveragei | 1.65 | 1.39 | 2.24 | 2.53 | 3.48 | 5.46 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Datacenter & Communications74.67%
industrial27.30%
Region
North America65.10%
Europe11.44%
China11.43%
Rest of world6.55%
Japan5.48%
Quote time 2026-09-18 20:01:14 · For reference only, not investment advice.