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).

Compare

Total return — COHR vs TER

growth of $100 · last 30y
COHR +15441.7%TER +4500.2%COHR compounded faster
05k10k15k20kStart $100200120062011201620212026$15,542$4,600
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 9

It depends on what you're optimizing for:

ValueTER(lower P/E)
GrowthCOHR(faster 5Y revenue CAGR)
QualityTER(higher ROIC)

Metrics side by side

Valuation

MetricCOHRTER
P/E ratio160.6270.28
Forward P/E61.5550.89
P/S ratio7.9115.80
P/B ratio4.8919.03
PEG ratio247.1123.64
EV / EBITDA48.8253.35
FCF yield0.92%

Profitability

MetricCOHRTER
Gross margin36.99%58.79%
Operating margin10.28%26.92%
Net margin7.10%22.55%
ROE4.39%27.17%
ROIC1.31%18.45%

Dividends

MetricCOHRTER
Dividend yield0.14%
Payout ratio14.90%

Growth (annualized)

MetricCOHRTER
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.

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.