Coherent, Inc. (COHR) vs Garmin Ltd. (GRMN)
GRMN leads on 12 of 15 compared metrics.
A side-by-side comparison of Coherent, Inc. and Garmin Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 7, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — COHR vs GRMN
growth of $100 · last 26yCOHR +7855.0%GRMN +2352.2%COHR compounded faster
COHR GRMN
COHR vs GRMN: by the numbers
- •COHR is the larger company ($49.45B vs $47.51B market cap).
- •GRMN trades at the lower earnings multiple (27.34 vs 160.62 P/E).
- •GRMN converts more revenue to profit (23.26% vs 7.10% net margin).
- •COHR grew revenue faster over the past five years (16.75% vs 11.13% CAGR).
- •GRMN pays a dividend (1.71% yield) while COHR does not currently pay one.
Which is better, COHR or GRMN?
Metric tally: COHR 3 · GRMN 12It depends on what you're optimizing for:
ValueGRMN(lower P/E)
GrowthCOHR(faster 5Y revenue CAGR)
QualityGRMN(higher ROIC)
Metrics side by side
Valuation
| Metric | COHR | GRMN |
|---|---|---|
| P/E ratio | 160.62 | 27.34● |
| Forward P/E | 61.55 | 25.43● |
| P/S ratio | 7.91 | 6.36● |
| P/B ratio | 4.89● | 5.12 |
| PEG ratio | 247.11 | 1.34● |
| EV / EBITDA | 48.82 | 20.93● |
| FCF yield | — | 3.06% |
Profitability
| Metric | COHR | GRMN |
|---|---|---|
| Gross margin | 36.99% | 59.14%● |
| Operating margin | 10.28% | 26.46%● |
| Net margin | 7.10% | 23.26%● |
| ROE | 4.39% | 18.73%● |
| ROIC | 1.31% | 16.71%● |
Dividends
| Metric | COHR | GRMN |
|---|---|---|
| Dividend yield | — | 1.71% |
| Payout ratio | — | 48.55% |
Growth (annualized)
| Metric | COHR | GRMN |
|---|---|---|
| Revenue CAGR (5Y) | 16.75%● | 11.13% |
| EPS CAGR (5Y) | 0.65% | 9.55%● |
| FCF CAGR (5Y) | -24.88% | 5.80%● |
| Total return CAGR (5Y) | 35.05%● | 13.24% |
Frequently asked
- Which is better, COHR or GRMN?
- It depends on your goal. value: GRMN (lower P/E); growth: COHR (faster 5Y revenue CAGR); quality: GRMN (higher ROIC). Across all compared metrics, GRMN leads 12 to 3.
- Is COHR or GRMN cheaper?
- On trailing earnings, GRMN is cheaper: COHR trades at a 160.62 P/E and GRMN at 27.34.
- Which has grown faster, COHR or GRMN?
- Over the past five years, COHR grew revenue faster — COHR at a 16.75% CAGR versus GRMN at 11.13%.
- Does COHR or GRMN pay a bigger dividend?
- GRMN pays a dividend (1.71% yield) while COHR does not currently pay one.
- Is COHR or GRMN more profitable?
- GRMN runs the higher net margin — COHR at 7.10% versus GRMN at 23.26%.
- Which has been the better investment, COHR or GRMN?
- Over the past 10-year, COHR delivered the higher annualized total return — COHR at 33.18% versus GRMN at 22.43%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Coherent P/E ratioGarmin P/E ratioCoherent dividend yieldGarmin dividend yieldCoherent ROEGarmin ROECoherent operating marginGarmin operating marginCoherent revenue growthGarmin revenue growthCoherent free cash flowGarmin free cash flow
Coherent & Garmin appear in these rankings
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 July 7, 2026.