SuperworthCoherent COHR
- Market cap
- $41B
- PE
- 50.9×
- 10y median 30.1×
- Forward PE
- 22.3×
- 10y median 20.5×
- Price to sales
- 5.8×
- EV/EBIT
- 58.5×
- Revenue, 12 months
- $7.1B
- +23% on a year ago
- Net margin
- 11.3%
- Free cash flow yield
- −2.5%
Coherent trades at 50.9× trailing earnings, pricier than 80% of the last ten years. Revenue was $7.1B over the last twelve months, up 23% on a year earlier with a 11% net margin.
Charts
Financials
| Income statement | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.1B−22% | $1.1B−17% | $1.2B−3% | $1.3B+9% | $1.3B+28% | $1.4B+27% | $1.5B+24% | $1.5B+16% | $1.6B+17% | $1.7B+18% | $1.8B+21% | $2B+34% | |
| Cost of revenue | $746.2M−17% | $780.8M−19% | $842.3M+3% | $882.4M+2% | $888M+19% | $925.3M+19% | $970.2M+15% | $983.3M+11% | $1B+13% | $1.1B+15% | $1.1B+16% | $1.3B+28% |
| Gross profit | $306.9M−31% | $350.6M−15% | $366.5M−13% | $431.9M+26% | $460.1M+50% | $509.4M+45% | $527.7M+44% | $546.1M+26% | $579.2M+26% | $622.8M+22% | $679.9M+29% | $787.1M+44% |
| R&D | $113.5M−6% | $111.2M−14% | $127.5M+1% | $126.7M+3% | $131.6M+16% | $143.9M+29% | $150.7M+18% | $155.7M+23% | $154.9M+18% | $165.7M+15% | $186M+23% | $216.4M+39% |
| SG&A | $211.7M−24% | $209.2M−24% | $205.2M−9% | $228M−11% | $229M+8% | $220.6M+6% | $231.4M+13% | $245.4M+8% | $252.1M+10% | $258.5M+17% | $267.6M+16% | $266.4M+9% |
| −$21.3M | $31.9M+287% | $22.3M−67% | $63.2M | $75.2M | $136.9M+329% | $71.8M+222% | $6.1M−90% | $143.9M+91% | $184M+34% | $191.9M+168% | $253.9M+4089% | |
| Interest expense | $73.3M+18% | $74.7M+5% | $72.8M−3% | $67.8M−14% | $66.6M−9% | $64.3M−14% | $57.3M−21% | $55M−19% | $58.7M−12% | $45.9M−29% | $44.6M−22% | $41.1M−25% |
| Pre-tax income | −$88.3M+73% | −$37.4M−44% | −$31.9M+571% | $9.9M | $19.3M | $128.4M | $9.9M | −$63.4M | $216.9M+1024% | $168M+31% | $184.3M+1764% | $278.5M |
| −$20.8M+69% | −$8.9M−58% | −$16.1M+121% | $56.9M | −$5.6M−73% | $26.9M | $8.1M | $34.7M−39% | −$8.3M+50% | $24.2M−10% | $2.7M−67% | $42.3M+22% | |
| Net income | −$67.5M+75% | −$27M−40% | −$13.2M | −$48.4M−73% | $25.9M | $103.4M | $15.7M | −$95.6M+97% | $226.3M+774% | $146.7M+42% | $191.4M+1118% | $240.5M |
| −$0.65+16% | −$0.38−35% | −$0.29+21% | −$0.52−66% | −$0.04−94% | $0.44 | −$0.11−62% | −$0.83+60% | $1.19 | $0.76+73% | $0.97 | $1.19 | |
| 150.3M+13% | 151.6M+9% | 152.1M+9% | 152.6M+10% | 153.6M+2% | 160M+6% | 155.2M+2% | 155.5M+2% | 190.7M+24% | 192.8M+21% | 196.4M+27% | 202.2M+30% |
Gross profit: 68 periods, Q1 FY10 to Q4 FY26: not printed by the filing, worked out from its own lines.
Operating income: 68 periods, Q1 FY10 to Q4 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: 6 periods, Q4 FY15 to Q4 FY26: quarter's net income to common over its shares, to the cent.
Diluted shares: 13 periods, Q4 FY11 to Q4 FY26: share-days: the 12-month average less the 9-month, weighted by days. 3 periods, Q4 FY23 to Q4 FY25: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q1 FY27 | $2.3B | $2.3B to $2.3B | $1.98 | $1.93 to $2.04 | 14 |
| Q2 FY27 | $2.5B | $2.5B to $2.7B | $2.20 | $2.01 to $2.45 | 14 |
| Q3 FY27 | $2.8B | $2.7B to $2.9B | $2.47 | $2.38 to $2.63 | 8 |
| Q4 FY27 | $3B | $2.9B to $3.2B | $2.73 | $2.62 to $2.91 | 6 |
| Q1 FY28 | $3.2B | $3.1B to $3.4B | $2.98 | $2.87 to $3.18 | 6 |
| Q2 FY28 | $3.5B | $3.4B to $3.6B | $3.25 | $3.13 to $3.47 | 12 |
| Q3 FY28 | $3.7B | $3.6B to $3.9B | $3.50 | $3.37 to $3.74 | 13 |
| Q4 FY28 | $3.9B | $3.8B to $4.1B | $3.78 | $3.64 to $4.04 | 7 |
Peers
Companies in Hardware, Equipment & Parts nearest Coherent's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| COHRCoherent | $41B | 50.9× | 30.1× | 22.3× | 5.8× | +23% | 11.3% |
| KEYSKeysight Technologies | $53.6B | 43.1× | 36.5× | 23.5× | 8.1× | +26% | 19.1% |
| CLSCelestica | $29.9B | 27.1× | 45.0× | n/m | 1.9× | +47% | 7.2% |
| GRMNGarmin | $56.6B | 30.3× | 21.4× | 28.5× | 7.4× | +14% | 24.5% |
| TDYTeledyne Technologies | $29B | 30.2× | 29.3× | 24.5× | 4.5× | +8% | 15.3% |
| JBLJabil | $28.7B | 34.2× | 26.0× | 15.5× | 0.9× | +18% | 2.6% |
| FLEXFlex | $28.3B | 29.6× | 17.8× | 14.7× | 1.0× | +12% | 3.3% |
| FTVFortive | $18.2B | 35.7× | 22.9× | n/m | 4.2× | +6% | 12.4% |
| GLWCorning | $106.5B | 56.5× | 40.5× | 33.0× | 6.3× | +19% | 11.2% |
| MKSIMKS | $13.3B | 31.4× | 25.2× | n/m | 3.1× | +16% | 10.1% |
| CGNXCognex | $9.3B | 53.9× | 48.1× | n/m | 8.6× | +17% | 16.1% |
| Peer median | $28.8B | 32.8× | 27.6× | 24.0× | 4.4× | +17% | 11.8% |
Investors who own it
Investors we follow who held Coherent at the end of Jun 30, 2026, from their 13F filings.
- Gavin BakerAtreides Management2.3% of portfolioadded
- Ron BaronBaron Capital0.0% of portfoliotrimmed
- Lee AinslieMaverick Capital0.0% of portfoliotrimmed
More on Coherent
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
Its groups
About
- Industry
- Hardware, Equipment & Parts
- Sector
- Technology
Valuation data, not investment advice. Prices as of .