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.
COHR
Coherent, Inc.
$317.74TechnologyDelayed quote: Oct 1, 2026, 3:55 PM EDT
MPWR
Monolithic Power Systems, Inc.
$1,361.64TechnologyDelayed quote: Oct 1, 2026, 3:55 PM EDT
Total return — COHR vs MPWR
growth of $100 · dividends reinvested · last 10yCOHR +1075.2% (+27.9%/yr)MPWR +1670.5% (+33.3%/yr)MPWR compounded faster over this window
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
| Metric | COHR | MPWR |
|---|---|---|
| P/E ratio | 77.31 | 83.43 |
| Forward P/E | 33.64 | 49.66 |
| P/S ratio | 8.73 | 20.44 |
| P/B ratio | 5.70 | 17.17 |
| EV / EBITDA | 47.04 | 65.91 |
| FCF yield | N/A | 0.88% |
Profitability
| Metric | COHR | MPWR |
|---|---|---|
| Gross margin | 37.50% | 55.20% |
| Operating margin | 11.96% | 28.72% |
| Net margin | 11.31% | 24.41% |
| ROE | 7.38% | 20.51% |
| ROIC | 5.11% | 18.22% |
Dividends
| Metric | COHR | MPWR |
|---|---|---|
| Dividend yield | N/A | 0.58% |
| Payout ratio | N/A | 43.63% |
Growth (annualized)
| Metric | COHR | MPWR |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Coherent P/E ratioMonolithic Power Systems P/E ratioMonolithic Power Systems dividend yieldCoherent ROEMonolithic Power Systems ROECoherent operating marginMonolithic Power Systems operating marginCoherent revenue growthMonolithic Power Systems revenue growthCoherent free cash flowMonolithic Power Systems free cash flow
Coherent & Monolithic Power Systems 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 October 1, 2026.