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. In the quarter to June 2026, revenue grew 33.7%, EPS grew 248.2%, free cash flow fell 45,512.1% and total debt fell 12.6%, each against the same quarter a year earlier. Member of the S&P 500.

232.90 17.70 −7.06%
Market cap
$49.4B
P/E
53.5×
Fwd P/E
62.6×
Dividend yield
—
F-score
7/9
Altman Z
6.85
Beneish M
−2.01
Dividend safety
41/100

Insider Decisions trades per month

Total sells 1,107.33
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 7 4 — 1 4 1 2 — 1 4 3 —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 49,350.00
Revenue 7,118.18
Net Income 786.88
Free Cash Flow (1,023.39)
Net Debt 1,200.05
Current Ratio 2.43 (at or above 1.5: strong)
Debt/Equity 0.29 (at or below 0.5: strong)
P/E ratio 53.54 (above 35: high)
Fwd P/E 62.60 (above 35: high)
P/S ratio 5.80
P/B ratio 3.67
Past 5Y EPS Growth 11.69%
This Y EPS Growth 68.27% (at or above 15%: strong)
Next Y EPS Growth 49.93% (at or above 15%: strong)
Next Y revenue growth 49.34% (at or above 10%: strong)
Next 5Y EPS Growth 51.29% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 81.56%
10-year low 10-year high
P/S against its own 10 years 93.59%
10-year low 10-year high
P/B against its own 10 years 92.00%
10-year low 10-year high
EV/Sales against its own 10 years 93.37%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2029 Powerpack
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2018 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 833 1,100 918 2,022
Receivables 902 849 964 1,343
Inventory 1,272 1,286 1,438 2,581
Other — — — —
3,252 3,660 3,927 6,925
2023 2024 2025 2026
Payables 405 632 847 1,905
ST’ Debt 75 74 188 8
Other — — — —
1,079 1,344 1,795 2,854

Compound Annual Growth %

10y 5y 3y
Sales 24.02% 18.04% 11.32%
Cash Flow (4.27%) (32.66%) (49.95%)
Earnings 27.95% 24.22% 0.00%
Book Value 30.54% 26.97% 31.10%

Revenue $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 1,581 1,686 1,806 2,046 7,118
’25 1,348 1,435 1,498 1,529 5,810
’24 1,053 1,131 1,209 1,314 4,708
’23 1,345 1,370 1,240 1,205 5,160
’22 795 807 828 887 3,317
’21 728 787 783 808 3,106
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 46 58 (94) 69 80
’25 153 187 163 130 634
’24 199 67 117 162 546
’23 80 220 152 182 634
’22 52 188 36 137 413
’21 134 221 91 128 574
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 (58) (96) (383) (486) (1,031)
’25 61 82 51 (1) 193
’24 137 (24) 24 62 199
’23 (59) 114 55 88 (5,291)
’22 5 134 (58) 19 99
’21 101 176 65 86 394
Fiscal quarters ending in the months shown.

EPS $

Sep Dec Mar Jun Year
’26 — — — — —
’26 1.19 0.76 0.97 1.19 4.12
’25 (0.04) 0.44 (0.11) (0.83) (0.52)
’24 (0.65) (0.38) (0.29) (0.52) (1.84)
’23 (0.56) (0.58) (0.24) (1.54) (2.93)
’22 0.50 0.44 0.28 0.23 1.45
’21 0.38 0.73 0.66 0.59 2.37
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 27.25 29.31 26.93 19.00 54.35 29.90 26.29 40.12 45.58 167.50

Analyst estimates 2027–2029

Powerpack
High 52.55 53.08 43.49 79.77 100.44 75.05 60.46 113.60 200.19 440.00
People
People Employees 10,349 11,443 12,487 22,969 22,961 23,658 26,622 26,157 30,216 51,000
Revenue/emp, $m 0.09 0.10 0.11 0.10 0.14 0.14 0.19 0.18 0.19 0.14
Income, $m
Income, $m Revenue 972 1,159 1,362 2,380 3,106 3,317 5,160 4,708 5,810 7,118
Gross margin, % 39.95 39.89 38.26 33.24 37.91 38.16 31.36 30.93 35.17 37.50
EBT 119 122 129 (64) 353 282 (356) (148) 94 848
EBT margin, % 12.22 10.54 9.45 (2.69) 11.35 8.50 (6.89) (3.14) 1.62 11.91
Net income 95 88 108 (67) 298 235 (259) (159) 30 787
Depreciation 64 91 105 243 291 306 702 577 573 539
Per share, $
Per share, $ Revenue 15.53 18.54 21.43 28.06 29.82 31.23 37.51 31.04 37.54 40.15
Earnings 1.52 1.41 1.69 (0.79) 2.50 1.57 (2.93) (1.84) (0.52) 4.34
Cash flow 1.90 2.58 2.81 3.50 5.51 3.89 4.61 3.60 4.09 0.45
Capex (2.21) (2.45) (2.16) (1.61) (1.74) (2.96) (43.06) (2.29) (2.85) (6.26)
Free cash flow (0.32) 0.12 0.65 1.89 3.78 0.93 (38.46) 1.31 1.25 (5.81)
Book value 14.39 16.39 17.82 24.48 32.70 34.06 36.25 36.81 38.76 63.40
Shares, m 63 62 64 85 104 106 138 152 155 177
Valuation, ×
Valuation, × P/E 22.57 30.04 22.14 0.00 29.04 32.45 0.00 0.00 0.00 90.68
P/S 2.21 2.28 1.75 1.68 2.43 1.63 1.36 2.34 2.38 9.82
P/B 2.38 2.58 2.10 1.93 2.55 1.71 1.54 1.98 2.30 6.22
EV/Sales 2.28 2.45 1.94 2.42 2.36 1.55 2.03 2.98 2.85 9.99
EV/FCF (111.38) 374.71 63.86 35.96 17.16 51.80 52.99 70.54 85.98 (69.50)
Cash, $m
Cash, $m Operating cash flow 119 161 178 297 574 413 634 546 634 80
Capex (139) (153) (137) (137) (181) (314) (5,925) (347) (441) (1,110)
Free cash flow (20) 8 41 160 394 99 (5,291) 199 193 (1,031)
Balance, $m
Balance, $m Working capital 517 525 542 1,116 2,298 3,038 2,173 2,316 2,132 4,072
Total debt 342 439 467 2,255 1,375 2,300 4,310 4,100 3,687 3,222
Net debt 70 192 262 1,762 (217) (282) 3,476 3,000 2,769 1,200
Shareholders’ equity 901 1,024 1,133 2,077 3,406 3,616 4,988 5,582 5,998 11,238
Returns, %
Returns, % ROA 7.09 5.43 5.79 (1.86) 4.43 2.32 (3.75) (1.98) (0.55) 4.64
ROIC 7.44 7.03 6.66 0.64 7.88 7.77 (0.27) 0.70 2.67 4.21
ROE 11.32 9.14 9.97 (4.18) 10.34 5.43 (10.47) (5.52) (1.39) 8.93
Negative figures in brackets.

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026

Charts ten years each

Coherent Corp. vs peers in Scientific & Technical Instruments (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
KEYS Keysight Technologies Inc. $58.2B 45.1× 45.6× +36.54% (above 0%: growing) +109.91% (above 0%: growing) +40.21% (above 0%: growing) 65.87% 24.97% Compare
GRMN Garmin Ltd. $55.0B 29.3× 25.0× +11.44% (above 0%: growing) +35.10% (above 0%: growing) +116.30% (above 0%: growing) 62.41% 30.44% Compare
COHR Coherent Corp. $49.4B 53.5× 62.6× +33.74% (above 0%: growing) n/m −45,512.10% (below 0%: shrinking) 38.48% 14.58%
TDY Teledyne Technologies Incorporated $28.7B 29.9× 29.7× +9.83% (above 0%: growing) +21.22% (above 0%: growing) +45.03% (above 0%: growing) 44.40% 20.04% Compare
FTV Fortive Corporation $17.5B 33.6× 30.8× +7.91% (above 0%: growing) +6.12% (above 0%: growing) −9.82% (below 0%: shrinking) 63.39% 19.14% Compare
MKSI MKS Inc. $15.5B 32.9× 37.4× +28.26% (above 0%: growing) +181.52% (above 0%: growing) +38.97% (above 0%: growing) 47.68% 20.11% Compare
TRMB Trimble Inc. $14.2B — (loss-making) 24.1× +11.00% (above 0%: growing) n/m +492.59% (above 0%: growing) 69.43% 13.58% Compare
CGNX Cognex Corporation $9.4B 51.5× 42.7× +16.93% (above 0%: growing) +79.17% (above 0%: growing) +67.25% (above 0%: growing) 70.65% 29.36% Compare
ESE ESCO Technologies Inc. $7.8B 20.5× 46.9× +14.40% (above 0%: growing) +24.75% (above 0%: growing) −22.12% (below 0%: shrinking) 41.74% 14.80% Compare
Median of peers $16.5B 32.9× 34.1× +12.92% +35.10% +42.62% 62.90% 20.07%

All 34 Scientific & Technical Instruments stocks →

COHR metrics, ten years each

Coherent Corp. (COHR) key facts

  • Strength: Coherent Corp.’s revenue for fiscal 2026 (year ended June 2026) was $7.1 billion, up 22.5% from fiscal 2025.
  • Coherent Corp. (COHR) is a Scientific & Technical Instruments company in the Technology sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, COHR traded at $232.90, a market capitalization of $49.4 billion.
  • Return on equity was 8.93% and debt-to-equity 0.29.
  • Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 6.85 (safe zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

Coherent Corp. (COHR) Latest News

stockrow.com/COHR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com