Last 48 quarters of trend data · Technology · Hardware, Equipment & Parts
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Coherent, Inc.'s quarterly P/E stands at 0.0x.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -749.17 | 0.05 | 60.71 | 22.63 | — | — | 53.82 | — | — | — | — | — | — |
| — | — | +12.8% | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 10.63 | 0.01 | 4.26 | 2.65 | 2.27 | 1.68 | 2.64 | 2.53 | 2.10 | 1.91 | 1.46 | 1.16 | 1.47 |
| — | -99.7% | +61.1% | +4.5% | +7.8% | -11.8% | +81.2% | +117.4% | +42.7% | +78.6% | +64.2% | +34.9% | -12.3% | |
| P/B Ratio | 7.11 | 0.00 | 3.23 | 1.93 | 1.64 | 1.23 | 1.90 | 2.33 | 1.39 | 1.15 | 0.81 | 0.69 | 0.98 |
| — | -99.7% | +69.7% | -17.1% | +17.5% | +7.5% | +134.9% | +236.8% | +41.6% | +61.4% | +22.5% | +6.5% | -27.7% | |
| P/FCF | 320.48 | — | — | — | — | 49.27 | 46.38 | 55.98 | 44.29 | 95.31 | — | 8.98 | 20.07 |
| — | — | — | — | — | -48.3% | — | +523.4% | +120.6% | +297.8% | — | — | -74.4% | |
| EV / EBITDA | 58.74 | — | 24.14 | 16.46 | 14.34 | 11.24 | 16.38 | 17.75 | 16.33 | 18.23 | 15.05 | 17.56 | 11.02 |
| — | — | +47.4% | -7.2% | -12.2% | -38.4% | +8.8% | +1.1% | +48.2% | +84.8% | +24.2% | +55.9% | +42.1% | |
| EV / EBIT | 117.97 | — | 39.50 | 22.37 | 26.02 | 22.56 | 31.58 | 42.30 | 46.67 | 93.53 | 83.57 | — | 65.89 |
| — | — | +25.1% | -47.1% | -44.3% | -75.9% | -62.2% | — | -29.2% | +179.8% | -68.1% | — | +417.9% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.4% | — | 37.0% | 36.6% | 36.6% | 35.2% | 35.5% | 34.1% | 32.9% | 30.3% | 31.0% | 29.1% | 29.2% |
| — | — | +4.1% | +7.3% | +11.4% | +16.2% | +14.6% | +17.1% | +12.7% | -10.5% | +3.3% | -11.7% | -20.7% | |
| Operating Margin | 9.4% | — | 11.8% | 10.9% | 10.4% | 9.7% | 10.1% | 7.4% | 5.9% | 2.8% | 2.7% | -1.7% | 3.4% |
| — | — | +16.9% | +47.5% | +76.7% | +247.1% | +276.9% | +525.2% | +73.4% | -48.5% | +345.2% | -155.0% | -73.7% | |
| Net Margin | 0.8% | 10.6% | 8.7% | 14.3% | -6.3% | 1.0% | 7.2% | 1.9% | -3.7% | -1.1% | -2.4% | -6.4% | -14.8% |
| — | +910.6% | +21.0% | +645.4% | -69.6% | +196.1% | +402.1% | +129.9% | +75.1% | -631.4% | +27.5% | -122.8% | -400.6% |
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 0.6% | 3.5% | 1.7% | 2.6% | -1.1% | 0.2% | 1.5% | 0.4% | -0.6% | -0.2% | -0.4% | -0.9% | -2.4% |
| — | +1682.5% | +11.9% | +603.7% | -89.5% | +219.6% | +522.1% | +139.8% | +75.0% | -573.5% | +43.0% | -40.6% | -343.9% | |
| ROA | 0.3% | 2.2% | 1.0% | 1.5% | -0.7% | 0.1% | 0.7% | 0.2% | -0.3% | -0.1% | -0.2% | -0.5% | -1.3% |
| — | +1916.9% | +37.9% | +761.8% | -95.0% | +221.3% | +473.7% | +135.8% | +73.9% | -602.2% | +40.6% | -38.9% | -329.1% | |
| ROIC | 3.6% | — | 1.3% | 1.1% | 1.1% | 1.0% | 1.1% | 0.7% | 0.5% | 0.2% | 0.2% | -0.1% | 0.3% |
| — | — | +20.9% | +54.6% | +106.6% | +345.8% | +428.7% | +675.1% | +83.1% | -51.7% | +265.9% | -130.6% | -86.3% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The current ratio has improved 23.4% YoY to 3.05x, strengthening the short-term liquidity position. Debt/Equity has declined for 7 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.46 | 0.31 | 0.40 | 0.40 | 0.46 | 0.48 | 0.51 | 0.72 | 0.54 | 0.54 | 0.54 | 0.63 | 0.62 |
| — | -35.6% | -21.8% | -43.7% | -15.2% | -10.4% | -5.4% | +13.9% | -12.8% | -12.9% | -15.2% | -6.2% | +11.6% | |
| Debt / EBITDA | 3.53 | — | 10.91 | 11.90 | 13.25 | 13.50 | 14.55 | 17.73 | 19.47 | 24.97 | 26.09 | 37.21 | 18.37 |
| — | — | -25.0% | -32.9% | -31.9% | -45.9% | -44.2% | -52.4% | +6.0% | +23.6% | -0.7% | +47.0% | +41.2% | |
| Current Ratio | 2.19 | 3.05 | 2.25 | 2.33 | 2.19 | 2.47 | 2.67 | 2.67 | 2.72 | 2.71 | 2.88 | 2.99 | 3.01 |
| — | +23.4% | -15.7% | -12.9% | -19.7% | -8.8% | -7.3% | -10.7% | -9.6% | -11.9% | -4.5% | +4.4% | -11.3% | |
| Quick Ratio | 1.39 | 2.04 | 1.30 | 1.39 | 1.39 | 1.54 | 1.64 | 1.65 | 1.77 | 1.72 | 1.79 | 1.81 | 1.84 |
| — | +32.5% | -20.7% | -16.0% | -21.5% | -10.5% | -8.3% | -8.8% | -3.7% | -5.2% | -0.9% | +4.7% | -31.7% | |
| Interest Coverage | 2.27 | — | 4.32 | 3.69 | 0.86 | 2.54 | 2.25 | 1.49 | 1.14 | 0.47 | 0.41 | -0.25 | 0.52 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying COHR stock.
Coherent, Inc.'s current P/E is -749.2x. The average P/E over the last 3 quarters is 27.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Coherent, Inc.'s current operating margin is 9.4%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Coherent, Inc.'s business trajectory between earnings reports.