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Coherent COHR Quick ratio

Quick ratio at other companies

MKS Instruments logo
MKS InstrumentsMKSI
0.7×-1.3×
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
-2.6×
GLW
CorningGLW
1.1×0.0×
Ciena logo
CienaCIEN
-0.5×
Astera Labs, Inc. logo
Astera Labs, Inc.ALAB
10.8×-2.4×
Broadcom Inc. logo
Broadcom Inc.AVGO
+1.0×

Other financials

Income statement

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Revenue$1.8B+20.5%
Gross profit$679.9M+28.8%
Net income$191.4M+1,118%
EPS (diluted)$0.97+982%

Balance sheet

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Cash & equivalents$2.2B+36.9%
Total debt$3.4B-13.2%
Total equity$10.7B+99.5%
Total assets$17.3B+19.7%

Cash flow

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CapEx$289.7M+159%
Free cash flow-$383.5M-850%

Valuation

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Market cap$74.12B+344%
Enterprise value$75.32B+270%
P/E127.8×
P/S11.2×+8.2×

Profitability

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Gross margin36.8%+2.3pp
Net margin1.7%+1.0pp

Returns & leverage

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Return on equity1.8%+1.0pp
Debt / equity0.3×-0.4×
Current ratio+0.6×

Where this comes from

Calculated from Coherent’s reported figures.

Based on the most recent quarter.

The official record: Coherent’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coherent's quick ratio?
Coherent (COHR) reported quick ratio of 2× in Q1 2026.
How has Coherent's quick ratio changed year-over-year?
Coherent's quick ratio increased by 32.5% year-over-year, from 1.5× to 2×.
What is the long-term trend for Coherent's quick ratio?
Over 4 years (2021 to 2025), Coherent's quick ratio has grown at a -12.8% compound annual growth rate (CAGR), from 10.8× to 6.2×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.