Coherent, Inc. (COHR) vs Monolithic Power Systems, Inc. (MPWR)

A side-by-side comparison of Coherent, Inc. and Monolithic Power Systems, 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 MPWR

growth of $100 · dividends reinvested · last 10y
COHR +1507.3% (+32.0%/yr)MPWR +1936.6% (+35.2%/yr)MPWR compounded faster over this window
05001k2k2k3kStart $10020182020202220242026$1,607$2,037
COHR MPWR

COHR vs MPWR: by the numbers

  • MPWR is the larger company ($68.89B vs $64.28B market cap).
  • MPWR trades at the lower trailing earnings multiple (84.63 vs 155.57 P/E), one valuation lens rather than an overall verdict.
  • MPWR converts more revenue to profit (24.41% vs 7.10% net margin).
  • MPWR grew revenue faster over the past five years (25.77% vs 16.75% CAGR).
  • MPWR pays a dividend (0.52% yield), while COHR is a former payer with no current dividend run rate.

Metrics side by side

Valuation

MetricCOHRMPWR
P/E ratio155.5784.63
Forward P/E59.5950.86
P/S ratio7.6620.78
P/B ratio4.7417.46
EV / EBITDA47.3466.03
FCF yieldN/A1.12%

Profitability

MetricCOHRMPWR
Gross margin36.99%55.20%
Operating margin10.28%28.72%
Net margin7.10%24.41%
ROE4.39%20.51%
ROIC1.31%15.30%

Dividends

MetricCOHRMPWR
Dividend yieldN/A0.52%
Payout ratioN/A55.54%

Growth (annualized)

MetricCOHRMPWR
Revenue CAGR (5Y)16.75%25.77%
EPS CAGR (5Y)0.65%28.43%
FCF CAGR (5Y)3.74%25.92%
Total return CAGR (5Y)38.02%25.59%

Frequently asked

Which has the lower trailing P/E, COHR or MPWR?
MPWR has the lower trailing P/E: COHR trades at 155.57 and MPWR at 84.63. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, COHR or MPWR?
Over the past five years, MPWR grew revenue faster — COHR at a 16.75% CAGR versus MPWR at 25.77%.
Does COHR or MPWR pay a bigger dividend?
MPWR pays a dividend (0.52% yield), while COHR is a former payer with no current dividend run rate.
Is COHR or MPWR more profitable?
MPWR runs the higher net margin — COHR at 7.10% versus MPWR at 24.41%.
How have COHR and MPWR total returns compared?
Over the past 10 years, COHR delivered 31.46% and MPWR delivered 35.23% 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.