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 October 1, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — COHR vs MPWR

growth of $100 · dividends reinvested · last 10y
COHR +1075.2% (+27.9%/yr)MPWR +1670.5% (+33.3%/yr)MPWR compounded faster over this window
05001k2k2k3kStart $10020182020202220242026$1,175$1,771
COHR MPWR

COHR vs MPWR: by the numbers

  • •MPWR is the larger company ($66.90B vs $62.16B market cap).
  • •COHR trades at the lower trailing earnings multiple (77.31 vs 83.43 P/E), one valuation lens rather than an overall verdict.
  • •MPWR converts more revenue to profit (24.41% vs 11.31% net margin).
  • •MPWR grew revenue faster over the past five years (25.77% vs 18.04% CAGR).
  • •MPWR pays a dividend (0.58% yield), while COHR is a former payer with no current dividend run rate.

Metrics side by side

Valuation

MetricCOHRMPWR
P/E ratio77.3183.43
Forward P/E33.6449.66
P/S ratio8.7320.44
P/B ratio5.7017.17
EV / EBITDA47.0465.91
FCF yieldN/A0.88%

Profitability

MetricCOHRMPWR
Gross margin37.50%55.20%
Operating margin11.96%28.72%
Net margin11.31%24.41%
ROE7.38%20.51%
ROIC5.11%18.22%

Dividends

MetricCOHRMPWR
Dividend yieldN/A0.58%
Payout ratioN/A43.63%

Growth (annualized)

MetricCOHRMPWR
Revenue CAGR (5Y)18.04%25.77%
EPS CAGR (5Y)11.66%28.43%
FCF CAGR (5Y)-24.88%19.36%
Total return CAGR (5Y)37.13%20.96%

Frequently asked

Which has the lower trailing P/E, COHR or MPWR?
COHR has the lower trailing P/E: COHR trades at 77.31 and MPWR at 83.43. 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 18.04% CAGR versus MPWR at 25.77%.
Does COHR or MPWR pay a bigger dividend?
MPWR pays a dividend (0.58% 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 11.31% versus MPWR at 24.41%.
How have COHR and MPWR total returns compared?
Over the past 10 years, COHR delivered 28.03% and MPWR delivered 33.67% 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 October 1, 2026.