Coherent, Inc. (COHR) vs Lumentum Holdings Inc. (LITE)

A side-by-side comparison of Coherent, Inc. and Lumentum Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 11, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnCOHR vs LITE

growth of $100 · dividends reinvested · last 10y
COHR +1507.3% (+32.0%/yr)LITE +2386.3% (+37.9%/yr)LITE compounded faster over this window
01k2k3kStart $10020182020202220242026$1,607$2,486
COHR LITE

COHR vs LITE: by the numbers

  • COHR is the larger company ($64.28B vs $63.84B market cap).
  • LITE trades at the lower trailing earnings multiple (150.65 vs 155.57 P/E), one valuation lens rather than an overall verdict.
  • LITE converts more revenue to profit (17.68% vs 7.10% net margin).
  • COHR grew revenue faster over the past five years (16.75% vs -1.01% CAGR).

Metrics side by side

Valuation

MetricCOHRLITE
P/E ratio155.57150.65
Forward P/E59.5998.91
P/S ratio7.6631.45
P/B ratio4.7426.32
EV / EBITDA47.34156.10
FCF yieldN/A0.35%

Profitability

MetricCOHRLITE
Gross margin36.99%27.96%
Operating margin10.28%-11.68%
Net margin7.10%17.68%
ROE4.39%14.79%
ROIC1.31%0.75%

Growth (annualized)

MetricCOHRLITE
Revenue CAGR (5Y)16.75%-1.01%
EPS CAGR (5Y)0.65%-26.64%
FCF CAGR (5Y)3.74%-7.72%
Total return CAGR (5Y)38.02%59.10%

Frequently asked

Which has the lower trailing P/E, COHR or LITE?
LITE has the lower trailing P/E: COHR trades at 155.57 and LITE at 150.65. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, COHR or LITE?
Over the past five years, COHR grew revenue faster — COHR at a 16.75% CAGR versus LITE at -1.01%.
Is COHR or LITE more profitable?
LITE runs the higher net margin — COHR at 7.10% versus LITE at 17.68%.
How have COHR and LITE total returns compared?
Over the past 10 years, COHR delivered 31.46% and LITE delivered 38.29% 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 11, 2026.