Coherent, Inc. (COHR) vs Microchip Technology Incorporated (MCHP)
COHR leads on 8 of 12 compared metrics.
A side-by-side comparison of Coherent, Inc. and Microchip Technology Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
COHR
Coherent, Inc.
$327.24Technology
MCHP
Microchip Technology Incorporated
$88.26Technology
Total return — COHR vs MCHP
growth of $100 · last 30yCOHR +15142.8%MCHP +3492.0%COHR compounded faster
COHR MCHP
COHR vs MCHP: by the numbers
- •COHR is the larger company ($51.89B vs $47.84B market cap).
- •COHR trades at the lower earnings multiple (151.70 vs 322.73 P/E).
- •COHR converts more revenue to profit (7.10% vs 4.29% net margin).
- •COHR grew revenue faster over the past five years (16.75% vs -2.82% CAGR).
- •MCHP pays a dividend (2.13% yield) while COHR does not currently pay one.
Which is better, COHR or MCHP?
Metric tally: COHR 8 · MCHP 4It depends on what you're optimizing for:
ValueCOHR(lower P/E)
GrowthCOHR(faster 5Y revenue CAGR)
QualityMCHP(higher ROIC)
Metrics side by side
Valuation
| Metric | COHR | MCHP |
|---|---|---|
| P/E ratio | 151.70● | 322.73 |
| Forward P/E | 58.13 | — |
| P/S ratio | 7.47● | 9.94 |
| P/B ratio | 4.62● | 7.28 |
| PEG ratio | 2.39 | — |
| EV / EBITDA | 46.20 | 44.20● |
| FCF yield | — | 1.86% |
Profitability
| Metric | COHR | MCHP |
|---|---|---|
| Gross margin | 36.99% | 57.73%● |
| Operating margin | 10.28% | 10.40% |
| Net margin | 7.10%● | 4.29% |
| ROE | 4.39%● | 3.14% |
| ROIC | 1.31% | 3.11%● |
Dividends
| Metric | COHR | MCHP |
|---|---|---|
| Dividend yield | — | 2.13% |
| Payout ratio | — | 674.07% |
Growth (annualized)
| Metric | COHR | MCHP |
|---|---|---|
| Revenue CAGR (5Y) | 16.75%● | -2.82% |
| EPS CAGR (5Y) | 0.65%● | -16.62% |
| FCF CAGR (5Y) | -24.88% | -13.74%● |
| Total return CAGR (5Y) | 34.92%● | 6.15% |
Frequently asked
- Which is better, COHR or MCHP?
- It depends on your goal. value: COHR (lower P/E); growth: COHR (faster 5Y revenue CAGR); quality: MCHP (higher ROIC). Across all compared metrics, COHR leads 8 to 4.
- Is COHR or MCHP cheaper?
- On trailing earnings, COHR is cheaper: COHR trades at a 151.70 P/E and MCHP at 322.73.
- Which has grown faster, COHR or MCHP?
- Over the past five years, COHR grew revenue faster — COHR at a 16.75% CAGR versus MCHP at -2.82%.
- Does COHR or MCHP pay a bigger dividend?
- MCHP pays a dividend (2.13% yield) while COHR does not currently pay one.
- Is COHR or MCHP more profitable?
- COHR runs the higher net margin — COHR at 7.10% versus MCHP at 4.29%.
- Which has been the better investment, COHR or MCHP?
- Over the past 10-year, COHR delivered the higher annualized total return — COHR at 32.52% versus MCHP at 14.81%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Coherent P/E ratioMicrochip Technology P/E ratioCoherent dividend yieldMicrochip Technology dividend yieldCoherent ROEMicrochip Technology ROECoherent operating marginMicrochip Technology operating marginCoherent revenue growthMicrochip Technology revenue growthCoherent free cash flowMicrochip Technology free cash flow
Coherent & Microchip Technology 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 9, 2026.