Coherent COHR Ratios & Valuation
| TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 143.9%+13.0pp | 141.6%+15.4pp | 138.7%+15.2pp | 135.1%+13.3pp | 130.9%+8.7pp | |
| Free cash flow margin | -5.2%— | 7.5%— | 13.5%— | —— | —— | |
| Efficiency | ||||||
| Asset turnover | 1.7×+0.2× | 1.6×+0.2× | 1.6×+0.2× | 1.5×+0.2× | 1.4×0.0× | |
| Inventory turnover | 10.2×-0.3× | 10.6×+0.4× | 10.8×+0.8× | 10.7×+0.8× | 10.5×-0.2× | |
| Liquidity | ||||||
| Current ratio | 9.8×-0.7× | 9.2×-1.5× | 9.7×-1.3× | 10×-1.3× | 10.5×-1.1× | |
| Quick ratio | 6.1×-0.5× | 5.6×-1.2× | 6×-1.0× | 6.2×-0.9× | 6.6×-0.6× | |
| Cash ratio | 3.6×-1.4× | 3.7×-1.6× | 4.2×-1.4× | 4.6×-0.5× | 5×+0.5× | |
| Leverage | ||||||
| Debt-to-equity | 2×-1.1× | 2.4×-0.7× | 2.8×-0.4× | 3×-0.4× | 3.1×-0.3× | |
| Debt-to-assets | 0.9×-0.2× | 1×-0.2× | 1.1×-0.1× | 1.1×-0.1× | 1.1×-0.1× | |
| Valuation | ||||||
| Market capitalization | $102.98B+109% | $68.39B+40.8% | $54.03B+33.3% | $50.82B+59.5% | $49.37B+73.6% | |
| Enterprise value | $110.43B+87.0% | $76.95B+31.6% | $62.98B+24.5% | $60.23B+40.0% | $59.04B+44.9% | |
| Price / sales | 16.3×+6.7× | 11.3×+1.5× | 9.5×+1.0× | 9.4×+2.6× | 9.6×+3.7× | |
| Price / book | 12.7×+3.4× | 10.4×+1.2× | 9.8×+2.3× | 9.4×+3.3× | 9.3×+3.8× | |
| EV / sales | 17.5×+6.0× | 12.8×+0.9× | 11.1×+0.4× | 11.2×+2.0× | 11.5×+3.0× | |
| Free cash flow yield | 0.4%— | 4.2%— | 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.
