Coherent, Inc. (COHR) vs Monolithic Power Systems, Inc. (MPWR)
MPWR leads on 10 of 15 compared metrics.
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 June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
COHR
Coherent, Inc.
$380.56Technology
MPWR
Monolithic Power Systems, Inc.
$1313.32Technology
Total return — COHR vs MPWR
growth of $100 · last 22yCOHR +3686.7%MPWR +13246.7%MPWR compounded faster
COHR MPWR
COHR vs MPWR: by the numbers
- •MPWR is the larger company ($64.52B vs $60.35B market cap).
- •MPWR trades at the lower earnings multiple (94.69 vs 182.09 P/E).
- •MPWR converts more revenue to profit (22.84% vs 7.10% net margin).
- •MPWR grew revenue faster over the past five years (25.95% vs 16.75% CAGR).
- •MPWR pays a dividend (0.61% yield) while COHR does not currently pay one.
Which is better, COHR or MPWR?
Metric tally: COHR 5 · MPWR 10It depends on what you're optimizing for:
ValueMPWR(lower P/E)
GrowthMPWR(faster 5Y revenue CAGR)
QualityMPWR(higher ROIC)
Metrics side by side
Valuation
| Metric | COHR | MPWR |
|---|---|---|
| P/E ratio | 182.09 | 94.69● |
| Forward P/E | 69.78 | 43.54● |
| P/S ratio | 8.96● | 21.87 |
| P/B ratio | 5.54● | 17.59 |
| PEG ratio | 2.39● | 3.33 |
| EV / EBITDA | 55.13● | 74.25 |
| FCF yield | — | 0.97% |
Profitability
| Metric | COHR | MPWR |
|---|---|---|
| Gross margin | 36.99% | 55.18%● |
| Operating margin | 10.28% | 27.09%● |
| Net margin | 7.10% | 22.84%● |
| ROE | 4.39% | 18.37%● |
| ROIC | 1.31% | 15.30%● |
Dividends
| Metric | COHR | MPWR |
|---|---|---|
| Dividend yield | — | 0.61% |
| Payout ratio | — | 62.40% |
Growth (annualized)
| Metric | COHR | MPWR |
|---|---|---|
| Revenue CAGR (5Y) | 16.75% | 25.95%● |
| EPS CAGR (5Y) | 0.65% | 28.43%● |
| FCF CAGR (5Y) | -24.88% | 22.36%● |
| Total return CAGR (5Y) | 39.88%● | 30.06% |
Frequently asked
- Which is better, COHR or MPWR?
- It depends on your goal. value: MPWR (lower P/E); growth: MPWR (faster 5Y revenue CAGR); quality: MPWR (higher ROIC). Across all compared metrics, MPWR leads 10 to 5.
- Is COHR or MPWR cheaper?
- On trailing earnings, MPWR is cheaper: COHR trades at a 182.09 P/E and MPWR at 94.69.
- 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 25.95%.
- Does COHR or MPWR pay a bigger dividend?
- MPWR pays a dividend (0.61% yield) while COHR does not currently pay one.
- Is COHR or MPWR more profitable?
- MPWR runs the higher net margin — COHR at 7.10% versus MPWR at 22.84%.
- Which has been the better investment, COHR or MPWR?
- Over the past 10-year, MPWR delivered the higher annualized total return — COHR at 35.09% versus MPWR at 35.92%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Coherent P/E ratioMonolithic Power Systems P/E ratioCoherent dividend yieldMonolithic 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 June 27, 2026.