Coherent, Inc. (COHR) vs Teradyne, Inc. (TER)
TER leads on 9 of 15 compared metrics.
A side-by-side comparison of Coherent, Inc. and Teradyne, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 7, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — COHR vs TER
growth of $100 · last 30yCOHR +15441.7%TER +4500.2%COHR compounded faster
COHR TER
COHR vs TER: by the numbers
- •TER is the larger company ($53.57B vs $49.43B market cap).
- •TER trades at the lower earnings multiple (70.28 vs 160.62 P/E).
- •TER converts more revenue to profit (22.55% vs 7.10% net margin).
- •COHR grew revenue faster over the past five years (16.75% vs 3.76% CAGR).
- •TER pays a dividend (0.14% yield) while COHR does not currently pay one.
Which is better, COHR or TER?
Metric tally: COHR 6 · TER 9It depends on what you're optimizing for:
ValueTER(lower P/E)
GrowthCOHR(faster 5Y revenue CAGR)
QualityTER(higher ROIC)
Metrics side by side
Valuation
| Metric | COHR | TER |
|---|---|---|
| P/E ratio | 160.62 | 70.28● |
| Forward P/E | 61.55 | 50.89● |
| P/S ratio | 7.91● | 15.80 |
| P/B ratio | 4.89● | 19.03 |
| PEG ratio | 247.11 | 23.64● |
| EV / EBITDA | 48.82● | 53.35 |
| FCF yield | — | 0.92% |
Profitability
| Metric | COHR | TER |
|---|---|---|
| Gross margin | 36.99% | 58.79%● |
| Operating margin | 10.28% | 26.92%● |
| Net margin | 7.10% | 22.55%● |
| ROE | 4.39% | 27.17%● |
| ROIC | 1.31% | 18.45%● |
Dividends
| Metric | COHR | TER |
|---|---|---|
| Dividend yield | — | 0.14% |
| Payout ratio | — | 14.90% |
Growth (annualized)
| Metric | COHR | TER |
|---|---|---|
| Revenue CAGR (5Y) | 16.75%● | 3.76% |
| EPS CAGR (5Y) | 0.65%● | -5.86% |
| FCF CAGR (5Y) | -24.88% | -3.97%● |
| Total return CAGR (5Y) | 35.05%● | 25.07% |
Frequently asked
- Which is better, COHR or TER?
- It depends on your goal. value: TER (lower P/E); growth: COHR (faster 5Y revenue CAGR); quality: TER (higher ROIC). Across all compared metrics, TER leads 9 to 6.
- Is COHR or TER cheaper?
- On trailing earnings, TER is cheaper: COHR trades at a 160.62 P/E and TER at 70.28.
- Which has grown faster, COHR or TER?
- Over the past five years, COHR grew revenue faster — COHR at a 16.75% CAGR versus TER at 3.76%.
- Does COHR or TER pay a bigger dividend?
- TER pays a dividend (0.14% yield) while COHR does not currently pay one.
- Is COHR or TER more profitable?
- TER runs the higher net margin — COHR at 7.10% versus TER at 22.55%.
- Which has been the better investment, COHR or TER?
- Over the past 10-year, TER delivered the higher annualized total return — COHR at 33.18% versus TER at 35.46%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Coherent P/E ratioTeradyne P/E ratioCoherent dividend yieldTeradyne dividend yieldCoherent ROETeradyne ROECoherent operating marginTeradyne operating marginCoherent revenue growthTeradyne revenue growthCoherent free cash flowTeradyne free cash flow
Coherent & Teradyne 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 7, 2026.