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.
COHR
Coherent, Inc.
$328.57TechnologyDelayed quote: Aug 11, 2026, 4:00 PM EDT
LITE
Lumentum Holdings Inc.
$820.59TechnologyDelayed quote: Aug 11, 2026, 4:00 PM EDT
Total return — COHR vs LITE
growth of $100 · dividends reinvested · last 10yCOHR +1507.3% (+32.0%/yr)LITE +2386.3% (+37.9%/yr)LITE compounded faster over this window
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
| Metric | COHR | LITE |
|---|---|---|
| P/E ratio | 155.57 | 150.65 |
| Forward P/E | 59.59 | 98.91 |
| P/S ratio | 7.66 | 31.45 |
| P/B ratio | 4.74 | 26.32 |
| EV / EBITDA | 47.34 | 156.10 |
| FCF yield | N/A | 0.35% |
Profitability
| Metric | COHR | LITE |
|---|---|---|
| Gross margin | 36.99% | 27.96% |
| Operating margin | 10.28% | -11.68% |
| Net margin | 7.10% | 17.68% |
| ROE | 4.39% | 14.79% |
| ROIC | 1.31% | 0.75% |
Growth (annualized)
| Metric | COHR | LITE |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Coherent P/E ratioLumentum P/E ratioCoherent ROELumentum ROECoherent operating marginLumentum operating marginCoherent revenue growthLumentum revenue growthCoherent free cash flowLumentum free cash flow
Coherent & Lumentum 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 August 11, 2026.