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COHRCoherent, Inc.

Return on Invested Capital (ROIC): 1.31%

Is the return on invested capital (ROIC) high or low?

The return on invested capital (ROIC) of 1.31% is 54% below its 5-year average of 2.88%, near the low end of its 5-year range (0.93%–5.78%).

As of Saturday, June 27, 2026. 16.96% above its 12-month average of 1.12%.

COHR Return on Invested Capital (ROIC)

COHR Return on Invested Capital (ROIC) Chart

1.31%

Annual fiscal-year return on invested capital; no daily interpolation.

-80.79% 10Y
COHR Return on Invested Capital (ROIC)

COHR Average Return on Invested Capital (ROIC) Chart

COHR Return on Invested Capital (ROIC)

COHR Current vs Average Return on Invested Capital (ROIC) Chart

COHR Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

1.31%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

1.12%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

2.19%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

2.88%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

4.64%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

5.44%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

7.47%

CURRENT VS TTM AVG

+16.96%

CURRENT VS 3Y AVG

-40.18%

CURRENT VS 5Y AVG

-54.49%

CURRENT VS 10Y AVG

-71.79%

CURRENT VS 15Y AVG

-75.93%

CURRENT VS 20Y AVG

-82.45%

COHR Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
Coherent, Inc. (COHR)$60.35B1.31%1.12%2.19%2.88%
Hewlett Packard Enterprise Company (HPE)vs ›$57.88B-0.59%1.82%3.45%3.64%
TE Connectivity plc (TEL)vs ›$57.72B8.82%11.73%12.72%13.02%
STMicroelectronics N.V. (STM)vs ›$63.48B0.67%3.50%12.61%12.68%
Lumentum Holdings Inc. (LITE)vs ›$63.56B0.70%-5.56%-1.79%0.13%
United Microelectronics Corporation (UMC)vs ›$63.81B7.35%8.07%11.99%11.15%
Monolithic Power Systems, Inc. (MPWR)vs ›$64.52B15.30%15.76%18.62%17.70%
Keysight Technologies, Inc. (KEYS)vs ›$56.17B8.02%7.76%11.85%12.05%
Motorola Solutions, Inc. (MSI)vs ›$66.88B15.89%18.74%18.91%17.80%
Astera Labs, Inc. Common Stock (ALAB)vs ›$67.15B12.40%0.21%-13.10%-13.10%

Capital Efficiency

ROIC

1.3%

ROE

4.4%

Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital

Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Coherent, Inc. (COHR)?
The return on invested capital (ROIC) for COHR stock is 1.31%.
Is Coherent, Inc.'s return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 1.31% is 54% below its 5-year average of 2.88%, near the low end of its 5-year range (0.93%–5.78%).
What is the TTM average return on invested capital (ROIC) for Coherent, Inc. (COHR)?
The TTM average return on invested capital (ROIC) for COHR stock is 1.12%.
What is the 3Y average return on invested capital (ROIC) for Coherent, Inc. (COHR)?
The 3Y average return on invested capital (ROIC) for COHR stock is 2.19%.
What is the 5Y average return on invested capital (ROIC) for Coherent, Inc. (COHR)?
The 5Y average return on invested capital (ROIC) for COHR stock is 2.88%.
What is the 10Y average return on invested capital (ROIC) for Coherent, Inc. (COHR)?
The 10Y average return on invested capital (ROIC) for COHR stock is 4.64%.
What is the 15Y average return on invested capital (ROIC) for Coherent, Inc. (COHR)?
The 15Y average return on invested capital (ROIC) for COHR stock is 5.44%.
What is the 20Y average return on invested capital (ROIC) for Coherent, Inc. (COHR)?
The 20Y average return on invested capital (ROIC) for COHR stock is 7.47%.

COHR Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2025-06-301.31%
2024-06-300.93%
2023-06-301.60%
2022-06-304.92%
2021-06-305.78%
2020-06-302.73%
2019-06-307.27%
2018-06-306.37%
2017-06-307.06%
2016-06-306.30%
2015-06-306.82%
2014-06-304.08%
2013-06-307.04%
2012-06-3010.46%
2011-06-3014.39%
2010-06-308.95%
2009-06-3011.61%
2008-06-3014.22%
2007-06-3014.90%
2006-06-309.17%
2005-06-3010.87%
2004-06-3010.84%
2003-06-308.76%
2002-06-306.34%
2001-06-309.14%
2000-06-3010.73%
1999-06-308.82%
1998-06-3011.47%
1997-06-3014.70%
1996-06-3011.12%

About Coherent, Inc.

Coherent, Inc. specializes in advanced laser technologies, offering a comprehensive suite of products that includes lasers, laser-based solutions, and complete systems. These are deployed across a spectrum of uses, from commercial and industrial operations to critical scientific research. The company's operations are distinctly segmented into two primary areas: laser sources for Original Equipment Manufacturers (OEMs) and industrial lasers alongside integrated systems. Coherent handles the entire lifecycle of its offerings, from conceptual design and manufacturing to global marketing and ongoing service. Their product portfolio spans lasers, specialized laser tools, high-precision optical components, associated accessories, and sophisticated laser measurement and control devices. These sophisticated tools are integral to fields such as microelectronics fabrication, advanced materials processing, integration into original equipment manufacturer (OEM) components and instrumentation, scientific studies, and various governmental programs. Distribution in the U.S. is primarily managed by an in-house sales team, while international markets are reached through a combination of direct sales personnel and independent representatives. Established in 1966, Coherent, Inc. maintains its headquarters in Santa Clara, California. Notably, since July 1, 2022, the company has operated as a wholly-owned subsidiary of II-VI Incorporated.

Santa Clara, CA
26,157 employees
Technology / Hardware, Equipment & Parts
Sector
Technology
Industry
Hardware, Equipment & Parts
CEO
James Robert Anderson