Skip to content

Coherent COHR Ratios & Valuation

Q3 '26Q2 '26Q1 '26Q4 '25Q3 '25
Profitability
Gross margin36.8%+0.6pp36.2%+0.4pp35.8%+0.6pp35.2%+0.7pp34.5%+1.2pp
Free cash flow margin-8.1%-6.5pp-1.6%-2.9pp1.2%-2.1pp3.3%-1.2pp4.6%+0.3pp
Efficiency
Asset turnover0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×
Inventory turnover2.4×-0.1×2.5×-0.1×2.6×-0.2×2.8×0.0×2.7×0.0×
Liquidity
Current ratio+0.8×2.3×-0.1×2.3×+0.1×2.2×-0.3×2.5×-0.2×
Quick ratio+0.7×1.3×-0.1×1.4×0.0×1.4×-0.2×1.5×-0.1×
Cash ratio1.1×+0.3×0.8×-0.1×0.9×0.0×0.9×-0.2×1.1×-0.2×
Leverage
Debt-to-equity0.3×-0.1×0.4×-0.2×0.6×-0.1×0.7×0.0×0.7×0.0×
Debt-to-assets0.2×0.0×0.2×0.0×0.2×0.0×0.3×0.0×0.3×0.0×
Valuation
Market capitalization$44.66B+54.0%$29.01B+72.8%$16.78B+33.9%$12.53B+24.6%$10.06B-31.3%
Enterprise value$45.86B+47.8%$31.02B+65.6%$18.74B+26.5%$14.81B+19.6%$12.38B-27.4%
Price / sales6.8×+2.2×4.6×+1.8×2.8×+0.6×2.2×+0.4×1.8×-1.0×
Price / book4.2×+0.8×3.4×+0.5×2.9×+0.7×2.2×+0.3×1.9×-1.0×
EV / sales6.9×+2.0×4.9×+1.8×3.1×+0.6×2.5×+0.3×2.2×-1.0×
Free cash flow yield-1.2%-0.8pp-0.4%-0.8pp0.4%-1.1pp1.5%-1.0pp2.5%+1.0pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

Where do Coherent's ratios come from?
Every ratio is computed from Coherent's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.