Coherent COHR Ratios & Valuation
| TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 143.9%+2.3pp | 141.6%+2.8pp | 138.7%+3.6pp | 135.1%+4.2pp | 130.9%+4.7pp | |
| Free cash flow margin | -5.2%-12.7pp | 7.5%-6.0pp | 13.5%— | —— | —— | |
| Efficiency | ||||||
| Asset turnover | 1.7×0.0× | 1.6×+0.1× | 1.6×+0.1× | 1.5×+0.1× | 1.4×+0.1× | |
| Inventory turnover | 10.2×-0.4× | 10.6×-0.2× | 10.8×0.0× | 10.7×+0.2× | 10.5×+0.3× | |
| Liquidity | ||||||
| Current ratio | 9.8×+0.6× | 9.2×-0.4× | 9.7×-0.3× | 10×-0.5× | 10.5×-0.2× | |
| Quick ratio | 6.1×+0.5× | 5.6×-0.3× | 6×-0.3× | 6.2×-0.4× | 6.6×-0.2× | |
| Cash ratio | 3.6×0.0× | 3.7×-0.5× | 4.2×-0.4× | 4.6×-0.4× | 5×-0.3× | |
| Leverage | ||||||
| Debt-to-equity | 2×-0.4× | 2.4×-0.4× | 2.8×-0.2× | 3×-0.1× | 3.1×-0.1× | |
| Debt-to-assets | 0.9×-0.1× | 1×-0.1× | 1.1×0.0× | 1.1×0.0× | 1.1×0.0× | |
| Valuation | ||||||
| Market capitalization | $102.98B+50.6% | $68.39B+26.6% | $54.03B+6.3% | $50.82B+2.9% | $49.37B+1.6% | |
| Enterprise value | $110.43B+43.5% | $76.95B+22.2% | $62.98B+4.6% | $60.23B+2.0% | $59.04B+1.0% | |
| Price / sales | 16.3×+5.0× | 11.3×+1.8× | 9.5×+0.1× | 9.4×-0.2× | 9.6×-0.2× | |
| Price / book | 12.7×+2.3× | 10.4×+0.6× | 9.8×+0.4× | 9.4×+0.1× | 9.3×+0.1× | |
| EV / sales | 17.5×+4.7× | 12.8×+1.7× | 11.1×-0.1× | 11.2×-0.3× | 11.5×-0.4× | |
| Free cash flow yield | 0.4%-3.7pp | 4.2%-1.9pp | 6.1%— | —— | —— |
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.
