Coherent Corp.

COHR Technology Scientific & Technical Instruments

Coherent Corp.’s revenue for fiscal 2026 (year ended June 2026) was $7.1 billion, up 22.5% from fiscal 2025.

Revenue
+49.9%
EPS
+56.8%
Free cash flow
−1,695.5%
Total debt
+20.9%

Quarter to September 2026, against a year earlier

192.81 23.05 +13.58%
Market cap
$33.4B
P/E
38.3×
Fwd P/E
21.8×
Dividend yield
—
F-score
7/9
Altman Z
6.85
Beneish M
−2.01
Dividend safety
41/100

Coherent Corp. (COHR) Return on invested capital

Alert me on Return on invested capital

Coherent Corp.'s return on invested capital over the twelve months to 30 September 2026 was 4.79%, up 0.6 percentage points from fiscal 2026 (4.21%). Over the past ten years it has ranged from −0.27% (fiscal 2023) to 7.88% (fiscal 2021); the current reading is higher than 42% of that period. That is in line with the Scientific & Technical Instruments industry median of 4.79% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2026 4.21% 1.54
FY2025 2.67% 1.97
FY2024 0.70% 0.97
FY2023 −0.27% (8.04)
FY2022 7.77% (0.11)
FY2021 7.88% 7.24
FY2020 0.64% (6.02)
FY2019 6.66% (0.37)
FY2018 7.03% (0.41)
FY2017 7.44% 0.26

Against its own ten years

Low −0.27% High 7.88%
Ten-year median 6.61%
Current reading's percentile 42

Return on invested capital against peers

Company Return on invested capital
GRMN Garmin Ltd. compare 19.7%
CGNX Cognex Corporation compare 17.2%
KEYS Keysight Technologies Inc. compare 12.9%
MKSI MKS Inc. compare 8.51%
ESE ESCO Technologies Inc. compare 7.76%
TDY Teledyne Technologies Incorporated compare 6.47%
TRMB Trimble Inc. compare 6.30%
FTV Fortive Corporation compare 5.93%
COHR Coherent Corp. 4.79%
Scientific & Technical Instruments industry median 4.79%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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