Coherent Corp

Coherent Corp

COHR · NYSE · Technology / Scientific & Technical Instruments

218.15USD-13.93 (-6.00%)

Price History

Full chart

Market Stats

Previous Close232.08
Open229.75
Day Range207.69 – 233.68
52-Week Range130.42 – 440.00
Volume9.71M
Market Cap37.98B
P/E (TTM)39.92
Forward P/E19.76
EPS4.83
Dividend Yield0.00%
Beta2.23
50-Day Avg270.02
200-Day Avg296.42

About

Coherent Corp. develops, manufactures, and markets lasers, transceivers, other optical and optoelectronic devices, modules, and systems worldwide. Its products include critical components consisting of detectors, passive optics, thermal solutions, and PICS; silicon photonics and other advanced optical technologies; and coherent transmission components, transport products, optical amplifiers, passive optical components, optical line systems, and multi-rail platform. The company's Datacenter and Communications segment offers transceivers, co-packaged optics, and optical circuit switches, as well as other systems, such as subsystems, modules, and semiconductor devices for datacenter and communications applications; and VCSELS, EELS, pump lasers, and other components, optics, and ICs for datacenter and communication applications. Its Industrial segment offers excimer lasers, solid-state lasers, and CO2 lasers; laser systems for various industrial applications, including semiconductor capital equipment, display manufacturing, precision manufacturing, and scientific research; and laser systems and subsystems comprising high-power lasers for materials processing. This segment also provides engineered materials, laser optics, thermoelectric components, and advanced ceramic and metal-matrix composite materials and products. It markets its products and services through a direct sales force, representatives, and distributors. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.

Company Details

  • SectorTechnology
  • IndustryScientific & Technical Instruments
  • CEOMr. James Robert Anderson
  • Employees51.48K
  • Headquarters375 Saxonburg Boulevard, Saxonburg, PA, United States, 16056, USA
  • Websitehttps://www.coherent.com

Leadership

  • Mr. James Robert AndersonCEO, President & Employee Director · b. 1972
  • Ms. Sherri R. Luther CPACFO & Treasurer · b. 1966
  • Dr. Julie Sheridan EngExecutive VP of Optical Components & CTO · b. 1967
  • Mr. Rob BeardChief Strategy & Legal Affairs Officer and Corporate Secretary · b. 1978
  • Mr. Jeffrey PlaceChief Supply Chain Officer · b. 1974
  • Ms. Ilaria MocciaroSenior VP, Chief Accounting Officer & Corporate Controller · b. 1972
  • Mr. Paul Jonas Silverstein J.D.Senior Vice President of Investor Relations
  • Ms. Cristina RodriguezExecutive Vice President of Communications
  • Dr. Sanjai ParthasarathiChief Marketing Officer
  • Ms. Grace G. LeeChief People Officer · b. 1968

Financials

Income Statement

Currency: USD1987-06-301988-06-301989-06-301990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue9.80M12.40M13.90M15.10M15.00M16.60M17.20M18.70M27.80M37.90M52.70M61.30M62.01M74.09M123.33M113.69M128.21M150.85M194.04M232.53M263.19M316.19M292.22M345.09M502.80M534.63M558.40M683.26M741.96M827.22M972.05M1.16B1.36B2.38B3.11B3.32B5.16B4.71B5.81B7.12B
Growth (%)-+26.53%+12.10%+8.63%-0.66%+10.67%+3.61%+8.72%+48.66%+36.33%+39.05%+16.32%+1.16%+19.48%+66.46%-7.82%+12.77%+17.66%+28.63%+19.83%+13.19%+20.14%-7.58%+18.09%+45.70%+6.33%+4.45%+22.36%+8.59%+11.49%+17.51%+19.21%+17.58%+74.68%+30.50%+6.78%+55.58%-8.77%+23.42%+22.51%
Cost of Revenue5.40M6.30M6.00M7.10M7.90M8.70M9.60M9.50M13.80M18.10M24.40M30.10M36.59M41.55M72.18M69.73M69.41M79.96M105.64M138.99M143.75M185.99M168.62M210.49M295.90M341.89M360.83M456.55M470.36M514.40M583.69M696.59M841.15M1.50B1.93B2.05B3.54B3.25B3.75B4.45B
Gross Profit4.40M6.10M7.90M8.00M7.10M7.90M7.60M9.20M14.00M19.80M28.30M31.20M25.42M32.54M51.15M43.96M58.80M70.89M88.40M93.54M119.44M130.21M123.61M134.60M206.90M192.74M197.57M226.72M271.60M312.81M388.35M462.20M521.35M878.88M1.18B1.27B1.62B1.46B2.06B2.67B
Gross Margin44.90%49.19%56.83%52.98%47.33%47.59%44.19%49.20%50.36%52.24%53.70%50.90%41.00%43.92%41.48%38.66%45.86%46.99%45.56%40.23%45.38%41.18%42.30%39.00%41.15%36.05%35.38%33.18%36.61%37.82%39.95%39.89%38.26%36.93%37.91%38.16%31.36%30.93%35.41%37.50%
Operating Expense3.20M4.20M5.50M6.30M6.50M6.60M7.40M8.30M10.70M14.10M18.90M21.50M17.18M22.21M32.88M32.59M41.61M47.20M55.94M54.98M71.13M68.54M77.11M83.19M108.12M113.63M125.71M176.60M188.62M219.78M262.76M325.44M372.68M751.70M775.34M851.20M1.57B1.33B1.51B1.77B
Operating Income1.20M1.90M2.40M1.70M600.00K1.30M200.00K900.00K3.30M5.70M9.40M9.70M8.24M10.33M18.27M11.37M17.20M23.68M32.46M38.56M48.31M61.66M46.50M51.40M98.78M79.11M71.86M50.12M82.97M93.04M125.60M136.76M148.67M127.18M402.12M414.29M50.41M123.17M548.95M901.52M
Operating Margin12.24%15.32%17.27%11.26%4.00%7.83%1.16%4.81%11.87%15.04%17.84%15.82%13.29%13.94%14.81%10.00%13.41%15.70%16.73%16.58%18.36%19.50%15.91%14.90%19.64%14.80%12.87%7.34%11.18%11.25%12.92%11.80%10.91%5.34%12.95%12.49%0.98%2.62%9.45%12.67%
EBITDA1.60M2.50M3.30M3.00M2.10M2.90M2.00M2.70M5.30M8.20M12.60M13.60M12.84M15.33M26.97M20.16M26.52M33.32M45.17M54.34M65.06M77.19M61.85M72.44M124.44M113.80M112.79M103.22M136.06M149.70M189.23M221.32M243.59M348.06M682.56M689.84M732.10M700.59M1.11B1.56B
EBITDA Margin16.33%20.16%23.74%19.87%14.00%17.47%11.63%14.44%19.06%21.64%23.91%22.19%20.70%20.69%21.87%17.73%20.69%22.09%23.28%23.37%24.72%24.41%21.17%20.99%24.75%21.29%20.20%15.11%18.34%18.10%19.47%19.10%17.88%14.62%21.98%20.80%14.19%14.88%19.03%21.91%
Net Income700.00K1.30M1.70M1.00M400.00K700.00K100.00K1.10M2.50M4.40M7.10M6.80M5.46M7.31M9.49M7.26M11.62M16.52M23.25M10.79M37.97M64.27M36.78M38.58M82.68M60.31M50.81M38.45M65.97M65.49M95.27M88.00M107.52M-67.03M297.55M234.76M-259.46M-156.15M49.36M805.00M
Net Income Margin7.14%10.48%12.23%6.62%2.67%4.22%0.58%5.88%8.99%11.61%13.47%11.09%8.81%9.87%7.70%6.39%9.06%10.95%11.98%4.64%14.43%20.33%12.59%11.18%16.44%11.28%9.10%5.63%8.89%7.92%9.80%7.59%7.89%-2.82%9.58%7.08%-5.03%-3.32%0.85%11.31%
R&D--------1.40M1.70M3.00M3.30M3.36M4.04M8.12M11.35M13.10M12.10M12.63M6.89M16.07M7.73M17.69M11.81M16.08M21.41M22.69M42.52M51.26M60.35M96.81M116.88M139.16M339.07M330.11M377.11M499.60M478.79M581.92M722.95M
R&D as % of Total Revenue--------5.04%4.49%5.69%5.38%5.41%5.45%6.58%9.98%10.21%8.02%6.51%2.96%6.10%2.45%6.05%3.42%3.20%4.00%4.06%6.22%6.91%7.30%9.96%10.09%10.21%14.25%10.63%11.37%9.68%10.17%10.02%10.16%
Interest Expense----100.00K300.00K-----300.00K200.00K481.00K5.09M2.27M1.44M416.00K423.00K1.79M--178.00K87.00K103.00K212.00K1.16M4.48M3.86M3.08M6.81M18.35M22.42M89.41M59.90M121.25M286.87M288.48M243.30M190.27M
Interest Expense % of Total Revenue----0.67%1.81%-----0.49%0.32%0.65%4.13%1.99%1.13%0.28%0.22%0.77%--0.06%0.03%0.02%0.04%0.21%0.66%0.52%0.37%0.70%1.58%1.65%3.76%1.93%3.66%5.56%6.13%4.19%2.67%

Balance Sheet

Currency: USD1987-06-301988-06-301989-06-301990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets7.90M12.20M14.90M16.80M16.70M17.10M17.30M17.60M24.40M44.20M54.50M67.80M70.80M87.74M148.17M151.90M162.79M183.93M252.68M250.30M287.92M360.93M368.28M508.98M647.20M706.49M863.80M1.07B1.06B1.21B1.48B1.76B1.95B5.23B6.51B7.84B13.71B14.49B14.91B18.30B
Total Liabilities2.90M2.80M3.80M4.70M4.10M3.70M4.10M3.40M7.40M9.80M12.00M17.70M16.30M20.68M58.76M54.24M51.27M52.07M92.21M79.70M68.48M70.80M45.91M98.12M124.10M120.26M227.69M396.88M329.08M429.64M576.73M737.35M820.56M3.16B2.38B3.46B6.48B6.54B6.43B7.06B
Total Equity5.00M9.40M11.10M12.10M12.60M13.40M13.20M14.20M17.00M34.40M42.50M50.10M54.50M63.45M89.41M97.66M111.52M131.87M160.47M170.59M219.44M290.13M322.38M410.35M522.37M586.23M636.11M675.04M729.08M782.34M900.56M1.02B1.13B2.08B4.13B4.38B7.23B7.57B8.13B10.90B
Cash2.10M3.30M2.70M2.40M2.70M3.10M1.90M1.70M3.80M9.40M10.90M4.20M5.60M6.33M8.09M9.61M15.58M21.68M21.68M26.89M32.62M69.83M95.93M108.03M149.46M134.94M185.43M174.66M173.63M218.44M271.89M247.04M204.87M493.05M1.59B2.58B821.31M926.03M909.20M1.16B
Total Debt900.00K600.00K800.00K2.30M2.10M1.50M800.00K300.00K1.60M1.40M1.30M8.20M6.60M5.58M37.01M34.50M23.70M15.54M44.98M31.17M14.99M3.79M3.67M3.38M18.73M12.77M114.04M241.96M175.96M235.31M365.44M439.01M467.00M2.37B1.53B2.44B4.49B4.30B3.89B3.54B
Net Debt-1.20M-2.70M-1.90M-100.00K-600.00K-1.60M-1.10M-1.40M-2.20M-8.00M-9.60M4.00M1.00M-745.00K28.91M24.89M8.12M-6.15M23.31M4.28M-17.62M-66.04M-92.27M-104.64M-130.73M-122.17M-71.40M67.30M2.32M16.86M93.55M191.97M262.13M1.88B-65.85M-144.16M3.67B3.38B2.98B2.38B

Cash Flow

Currency: USD1989-06-301990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow2.70M600.00K1.50M2.40M800.00K2.40M5.40M3.70M8.40M6.90M9.80M12.54M15.50M16.14M25.64M30.40M18.61M40.79M44.35M45.92M48.91M72.42M73.49M88.07M107.61M95.46M129.37M122.97M118.62M161.01M178.47M297.29M574.35M413.33M634.02M545.73M633.60M79.51M
Investing Cash Flow-3.70M-2.50M-800.00K-1.20M-1.10M-1.90M-4.90M-8.10M-7.40M-20.50M-6.00M-10.98M-44.17M-12.22M-9.29M-16.48M-49.46M-17.25M-28.34M5.59M-15.26M-65.06M-52.49M-84.89M-144.53M-206.82M-52.25M-135.17M-177.24M-284.95M-223.98M-1.18B-172.96M-320.08M-5.93B-350.71M-414.21M-1.41B
Financing Cash Flow300.00K1.50M-300.00K-900.00K-900.00K-600.00K1.60M10.00M200.00K7.40M-2.80M-709.00K29.73M-2.21M-10.34M-7.25M30.58M-16.32M-10.72M-9.72M-10.28M3.03M19.15M-14.80M85.78M99.08M-76.06M61.45M111.57M96.97M4.88M1.17B675.73M862.95M3.55B758.27M-451.73M1.48B
Capital Expenditure3.70M2.50M800.00K1.10M1.90M1.80M2.40M6.10M7.40M20.50M5.40M8.88M44.42M8.66M7.02M12.73M17.66M15.62M20.18M17.86M15.56M13.84M40.86M42.80M25.20M29.22M52.31M58.17M138.52M153.44M137.12M136.88M146.34M314.33M436.06M346.82M440.84M1.11B
Free Cash Flow-1.00M-1.90M700.00K1.30M-1.10M600.00K3.00M-2.40M1.00M-13.60M4.40M3.66M-28.92M7.47M18.62M17.67M956.00K25.16M24.17M28.06M33.36M58.58M32.63M45.27M82.40M66.24M77.05M64.80M-19.90M7.58M41.35M160.41M428.02M99.00M197.97M198.91M192.76M-1.03B
Dividends Paid--------------------------------20.32M34.51M27.60M34.51M11.44M11.44M
FCF to OCF-37.04%-316.67%46.67%54.17%-137.50%25.00%55.56%-64.86%11.90%-197.10%44.90%29.19%-186.54%46.32%72.63%58.13%5.14%61.69%54.49%61.11%68.19%80.89%44.40%51.41%76.58%69.39%59.56%52.70%-16.78%4.71%23.17%53.96%74.52%23.95%31.22%36.45%30.42%-1296.08%
Dividend Paid to FCF--------------------------------4.75%34.86%13.94%17.35%5.93%-1.11%

Earnings

Report DateNov 2, 1994Apr 23, 1995Jul 26, 1995Nov 6, 1995Jan 23, 1996Apr 22, 1996Jul 24, 1996Oct 30, 1996Jan 28, 1997Apr 21, 1997Jul 22, 1997Oct 29, 1997Jan 29, 1998Apr 21, 1998Jul 23, 1998Oct 28, 1998Jan 26, 1999Apr 27, 1999Jul 26, 1999Nov 2, 1999Jan 25, 2000Mar 31, 2000Aug 8, 2000Oct 18, 2000Jan 17, 2001Apr 18, 2001Aug 8, 2001Oct 17, 2001Jan 16, 2002Apr 17, 2002Aug 7, 2002Oct 16, 2002Jan 22, 2003Apr 23, 2003Aug 6, 2003Oct 22, 2003Jan 21, 2004Apr 21, 2004Aug 4, 2004Oct 20, 2004Jan 19, 2005Apr 20, 2005Aug 8, 2005Oct 19, 2005Jan 18, 2006Apr 24, 2006Aug 7, 2006Oct 23, 2006Jan 23, 2007Apr 24, 2007Aug 7, 2007Oct 23, 2007Jan 22, 2008Apr 22, 2008Aug 5, 2008Oct 21, 2008Jan 21, 2009Apr 21, 2009Aug 4, 2009Oct 20, 2009Jan 19, 2010Apr 27, 2010Aug 5, 2010Oct 26, 2010Jan 25, 2011Apr 26, 2011Aug 2, 2011Oct 25, 2011Jan 24, 2012Apr 24, 2012Aug 2, 2012Oct 23, 2012Jan 22, 2013Apr 23, 2013Aug 1, 2013Oct 29, 2013Jan 28, 2014May 1, 2014Aug 5, 2014Oct 28, 2014Jan 27, 2015Apr 28, 2015Aug 4, 2015Oct 27, 2015Jan 26, 2016Apr 26, 2016Aug 2, 2016Oct 25, 2016Jan 24, 2017May 2, 2017Aug 7, 2017Oct 31, 2017Feb 1, 2018May 1, 2018Aug 7, 2018Nov 1, 2018Jan 31, 2019May 1, 2019Aug 13, 2019Nov 12, 2019Feb 10, 2020May 11, 2020Aug 13, 2020Nov 5, 2020Feb 9, 2021May 6, 2021Aug 10, 2021Nov 9, 2021Feb 9, 2022May 10, 2022Aug 24, 2022Nov 9, 2022Feb 8, 2023May 10, 2023Aug 16, 2023Nov 7, 2023Feb 5, 2024May 7, 2024Aug 15, 2024Nov 6, 2024Feb 5, 2025May 7, 2025Aug 13, 2025Nov 5, 2025Feb 4, 2026May 6, 2026Aug 12, 2026Nov 4, 2026
EPS Estimate0.170.180.220.240.250.280.330.350.330.370.390.280.310.320.210.150.160.210.230.240.23-0.040.040.040.040.040.040.030.020.020.030.030.040.050.050.060.060.080.080.100.100.100.110.100.100.130.130.140.160.160.160.170.200.210.210.130.120.080.070.110.140.190.210.260.270.360.310.200.250.260.220.210.260.230.190.170.140.180.170.170.210.230.230.270.280.240.230.260.320.370.380.420.380.420.560.670.650.660.600.360.140.780.550.910.880.760.830.860.850.940.830.930.820.380.120.260.420.600.610.670.860.920.851.211.391.431.80
EPS Actual0.140.200.230.280.280.320.340.370.370.380.390.280.320.29-0.160.150.180.220.240.290.260.040.040.040.040.040.050.040.030.020.030.040.050.050.060.050.060.080.100.100.100.110.120.120.090.130.160.130.150.170.190.160.150.220.250.230.140.120.110.110.120.170.260.290.300.360.340.290.250.280.260.210.200.250.250.210.130.200.220.200.240.230.270.270.300.350.400.350.490.450.570.350.390.360.400.560.710.620.670.570.360.471.180.841.080.910.880.870.920.950.981.040.950.580.410.160.360.530.610.740.950.911.000.931.291.411.471.80
Surprise-17.65%11.11%4.55%16.67%12.00%14.29%3.03%5.71%12.12%2.70%0.00%0.00%3.23%-9.38%-176.19%0.00%12.50%4.76%4.35%20.83%13.04%-0.00%0.00%0.00%0.00%25.00%0.00%0.00%0.00%50.00%33.33%66.67%25.00%20.00%0.00%0.00%33.33%25.00%25.00%0.00%10.00%20.00%9.09%-10.00%30.00%23.08%0.00%7.14%6.25%18.75%0.00%-11.76%10.00%19.05%9.52%7.69%0.00%37.50%57.14%9.09%21.43%36.84%38.10%15.38%33.33%-5.56%-6.45%25.00%12.00%0.00%-4.55%-4.76%-3.85%8.70%10.53%-23.53%42.86%22.22%17.65%41.18%9.52%17.39%17.39%11.11%25.00%66.67%52.17%88.46%40.63%54.05%-7.89%-7.14%-5.26%-4.76%0.00%5.97%-4.62%1.52%-5.00%0.00%235.71%51.28%52.73%18.68%3.41%15.79%4.82%6.98%11.76%4.26%25.30%2.15%-29.27%7.89%33.33%38.46%26.19%1.67%21.31%41.79%5.81%8.70%9.41%6.61%1.44%2.80%0.00%
Timing-------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market------After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap37.98B
Enterprise Value40.57B
Trailing P/E39.92
Forward P/E19.76
PEG Ratio0.92
Price / Sales4.80
Price / Book3.35
EPS4.83
Book Value57.53
Revenue (TTM)7.91B
Gross Profit (TTM)3.02B
EBITDA1.66B
Profit Margin12.18%
Operating Margin16.30%
Return on Equity9.27%
Return on Assets3.99%
Shares Outstanding196.96M
Shares Float196.16M
Beta2.23
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 26 analystsTarget 368.20
  • Strong Buy
    17
  • Buy
    4
  • Hold
    5

Ownership Breakdown

Institutions
88.94%
Insiders
4.41%
Retail / Other
6.65%

Top Institutional Holders

  • Westport Asset Management Inc
    13.50K0.05%
  • Vestor Capital Partners
    8500.00%
  • Huntington National Bank
    20.00%

Top Fund Holders

  • EasyETFs Global Equity Actively Mngd ETF
    6.27K0.03%

Dividends

20121×
1.00Dec 17, 2012

Stock Splits

  • Jun 27, 20112:1
  • Mar 23, 20052:1
  • Sep 21, 20002:1
  • Sep 8, 19952:1