Coherent Corp. (COHR) vs Fortive Corporation (FTV)
Coherent Corp. and Fortive Corporation are both Scientific & Technical Instruments companies. Coherent Corp. is the larger, with a market value of $58.5B against $16.7B — 3.5× the size. Fortive Corporation trades at the lower P/E: 32.6× against 68.0×. Fortive Corporation grew revenue faster over the last twelve months: 43.2% against 22.5%. Fortive Corporation has the higher net margin (12.4% vs 10.8%) and the higher return on invested capital (5.34% vs 4.21%). Both pay a dividend; Fortive Corporation yields more (0.38% vs 0.10%). Across the 22 metrics below, Fortive Corporation leads on 14 and Coherent Corp. on 8.
Valuation
Profitability
| Metric | COHR | FTV | Scientific & Technical Instruments median |
|---|---|---|---|
| Gross margin | 37.50% | 63.23% | 45.75% |
| Operating margin | 11.77% | 18.23% | 7.34% |
| Net margin | 10.82% | 12.38% | 1.56% |
| Free cash flow margin | (14.38%) | 21.72% | 5.84% |
| Return on equity | 8.93% | 6.49% | 2.87% |
| Return on assets | 4.64% | 3.58% | 0.99% |
| Return on invested capital | 4.21% | 5.34% | 3.88% |
Growth
Health
Dividend
Size
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