Coherent, Inc. (COHR) vs Garmin Ltd. (GRMN)

A side-by-side comparison of Coherent, Inc. and Garmin Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 21, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnCOHR vs GRMN

growth of $100 · dividends reinvested · last 10y
COHR +1239.6% (+29.6%/yr)GRMN +614.7% (+21.7%/yr)COHR compounded faster over this window
05001k2k2kStart $10020182020202220242026$1,340$715
COHR GRMN

COHR vs GRMN: by the numbers

  • GRMN is the larger company ($56.96B vs $56.47B market cap).
  • GRMN trades at the lower trailing earnings multiple (30.22 vs 70.57 P/E), one valuation lens rather than an overall verdict.
  • GRMN converts more revenue to profit (24.47% vs 11.31% net margin).
  • GRMN grew revenue faster over the past five years (9.56% vs -8.01% CAGR).
  • GRMN pays a dividend (1.28% yield), while COHR is a former payer with no current dividend run rate.

Metrics side by side

Valuation

MetricCOHRGRMN
P/E ratio70.5730.22
Forward P/E52.9529.10
P/S ratio8.247.39
P/B ratio5.386.28
EV / EBITDA50.5923.77
FCF yieldN/A2.71%

Profitability

MetricCOHRGRMN
Gross margin37.50%60.08%
Operating margin10.87%27.61%
Net margin11.31%24.47%
ROE7.38%20.79%
ROIC4.65%18.76%

Dividends

MetricCOHRGRMN
Dividend yieldN/A1.28%
Payout ratioN/A43.35%

Growth (annualized)

MetricCOHRGRMN
Revenue CAGR (5Y)-8.01%9.56%
EPS CAGR (5Y)-13.23%10.78%
FCF CAGR (5Y)-24.88%7.42%
Total return CAGR (5Y)36.86%13.87%

Frequently asked

Which has the lower trailing P/E, COHR or GRMN?
GRMN has the lower trailing P/E: COHR trades at 70.57 and GRMN at 30.22. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, COHR or GRMN?
Over the past five years, GRMN grew revenue faster — COHR at a -8.01% CAGR versus GRMN at 9.56%.
Does COHR or GRMN pay a bigger dividend?
GRMN pays a dividend (1.28% yield), while COHR is a former payer with no current dividend run rate.
Is COHR or GRMN more profitable?
GRMN runs the higher net margin — COHR at 11.31% versus GRMN at 24.47%.
How have COHR and GRMN total returns compared?
Over the past 10 years, COHR delivered 29.61% and GRMN delivered 21.46% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 21, 2026.