COHR vs. CRWV: Coherent vs. CoreWeave Stock Comparison

November 11, 2026

How do Coherent (COHR) and CoreWeave (CRWV) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Coherent (COHR) and CoreWeave (CRWV) share the Information Technology sector but sit in different industry groups — COHR in Technology Hardware & Equipment and CRWV in Software & Services.

Coherent (COHR) carries decades of public-market history since October 2, 1987, while CoreWeave (CRWV) listed on March 28, 2025 — long-window comparisons have far more historical data on the COHR side.

Company profile comparison for Coherent (COHR) and CoreWeave (CRWV)
Profile Item	COHR	CRWV
Name	Coherent Corp.	CoreWeave Inc. Class A Common Stock
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Technology Hardware & Equipment	Software & Services
GICS Industry	Electronic Equipment, Instruments & Components	IT Services
GICS Sub-Industry	Electronic Components	Internet Services & Infrastructure
Market Capitalization	37.98 billion USD	25.59 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	October 2, 1987	March 28, 2025
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

COHR

CRWV

GSPC

Coherent (COHR) vs. CoreWeave (CRWV), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Coherent (COHR) and CoreWeave (CRWV). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Coherent (COHR) and CoreWeave (CRWV). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Coherent (COHR) and CoreWeave (CRWV)
Metric	COHR	CRWV
Total Return (1Y)	48.11%	-52.69%
Total Return (3Y, Annualized)	90.06%	--
Total Return (5Y, Annualized)	28.94%	--

Risk Profile

Drawdown History

COHR

CRWV

GSPC

Coherent (COHR) vs. CoreWeave (CRWV), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Coherent (COHR) and CoreWeave (CRWV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Coherent (COHR) and CoreWeave (CRWV)
Metric	COHR	CRWV
Volatility (1Y, Annualized)	91.27%	98.61%
Beta (5Y)	2.19	7.43
Max Drawdown (5Y)	-62.87%	-76.22%
Avg. Volume (3M)	7.56M	40.98M

Risk-Adjusted Performance

Risk-Return Positioning

COHR and CRWV are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Coherent (COHR) and CoreWeave (CRWV)
Metric	COHR	CRWV
Sharpe Ratio (1Y)	0.48	-0.58
Sortino Ratio (1Y)	0.70	-0.86

Profitability

ROE (TTM)

CoreWeave (CRWV) reports a negative ROE of -43.60%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Coherent (COHR) reports 9.27%, ranking against industry peers normally.

COHR

Technology Hardware & Equipment industry group

9.27%

Max: 42.47%
Q3: 19.13%
Median: 11.00%
COHR: 9.27%
Q1: 1.63%
Min: -20.62%

CRWV

Software & Services industry group

-43.60%

Max: 53.85%
Q3: 17.90%
Median: 6.59%
Q1: -9.59%
CRWV: -43.60%
Min: -50.52%

Coherent (COHR) vs. CoreWeave (CRWV): A comparison of their ROE against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Net Margin (TTM)

CoreWeave (CRWV) reports a negative net margin of -25.40%, usually indicating a net loss over the period. Meanwhile Coherent (COHR) reports 12.18%, ranking against industry peers normally.

COHR

Technology Hardware & Equipment industry group

12.18%

Max: 27.60%
COHR: 12.18%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

CRWV

Software & Services industry group

-25.40%

Max: 41.17%
Q3: 15.28%
Median: 4.63%
Q1: -5.42%
CRWV: -25.40%
Min: -33.17%

Coherent (COHR) vs. CoreWeave (CRWV): A comparison of their net margin against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Operating Margin (TTM)

CoreWeave (CRWV) reports a negative operating margin of -1.90%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Coherent (COHR) reports 16.30%, ranking against industry peers normally.

COHR

Technology Hardware & Equipment industry group

16.30%

Max: 36.27%
Q3: 18.36%
COHR: 16.30%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

CRWV

Software & Services industry group

-1.90%

Max: 46.89%
Q3: 17.64%
Median: 8.73%
CRWV: -1.90%
Q1: -2.13%
Min: -30.45%

Coherent (COHR) vs. CoreWeave (CRWV): A comparison of their operating margin against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Profitability Metrics

Profitability metrics for Coherent (COHR) and CoreWeave (CRWV)
Metric	COHR	CRWV
ROE (TTM)	9.27%	-43.60%
ROA (TTM)	3.99%	-0.24%
Net Margin (TTM)	12.18%	-25.40%
Operating Margin (TTM)	16.30%	-1.90%
Gross Margin (TTM)	38.16%	67.42%

Growth

Revenue Growth

CoreWeave (CRWV) at 167.94% clears its industry range for revenue growth, far stronger top-line momentum than Coherent (COHR) at 22.51%, which is closer to a typical peer reading.

Coherent (COHR) vs. CoreWeave (CRWV): A comparison of their Revenue Growth across different time periods.

EPS Growth

Neither Coherent (COHR) nor CoreWeave (CRWV) reports a EPS growth value for this period, so a direct comparison isn't possible.

Growth Metrics

Growth metrics for Coherent (COHR) and CoreWeave (CRWV)
Metric	COHR	CRWV
Revenue Growth (YoY)	22.51%	167.94%
Revenue Growth (3Y CAGR)	11.32%	586.92%
EPS Growth (YoY)	--	--
EPS Growth (3Y CAGR)	--	--

Financial Strength

Current Ratio (MRQ)

Coherent (COHR) at 2.29 keeps current ratio within its industry’s typical mid-range, while CoreWeave (CRWV) at 0.46 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CRWV.

COHR

Technology Hardware & Equipment industry group

2.29

Max: 5.34
Q3: 3.02
COHR: 2.29
Median: 1.95
Q1: 1.32
Min: 0.17

CRWV

Software & Services industry group

0.46

Max: 5.11
Q3: 2.77
Median: 1.67
Q1: 1.01
CRWV: 0.46
Min: 0.03

Coherent (COHR) vs. CoreWeave (CRWV): A comparison of their current ratio against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Debt / Equity (MRQ)

Coherent (COHR) at 0.37 is near its industry mid-range for debt-to-equity ratio, while CoreWeave (CRWV) at 10.27 sits above its benchmark range, pointing to a heavier debt load relative to equity.

COHR

Technology Hardware & Equipment industry group

0.37

Max: 1.76
Q3: 0.78
COHR: 0.37
Median: 0.24
Q1: 0.04
Min: 0.01

CRWV

Software & Services industry group

10.27

CRWV: 10.27
Max: 2.52
Q3: 1.13
Median: 0.40
Q1: 0.07
Min: 0.00

Coherent (COHR) vs. CoreWeave (CRWV): A comparison of their debt-to-equity ratio against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Coherent (COHR) and CoreWeave (CRWV)
Metric	COHR	CRWV
Current Ratio (MRQ)	2.29	0.46
Debt / Equity (MRQ)	0.37	10.27
Net Debt / EBITDA	1.56	12.16

Dividends

Dividend Yield (TTM)

Neither Coherent (COHR) nor CoreWeave (CRWV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

COHR

Technology Hardware & Equipment industry group

0.00%

Max: 0.73%
Q3: 0.31%
COHR: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CRWV

Software & Services industry group

0.00%

CRWV: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Coherent (COHR) vs. CoreWeave (CRWV): A comparison of their dividend yield against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Dividend Payout Ratio (TTM)

Neither Coherent (COHR) nor CoreWeave (CRWV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

COHR

Technology Hardware & Equipment industry group

0.00%

Max: 32.27%
Q3: 14.48%
COHR: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CRWV

Software & Services industry group

0.00%

CRWV: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Coherent (COHR) vs. CoreWeave (CRWV): A comparison of their payout ratio against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Dividend Metrics

Dividend metrics for Coherent (COHR) and CoreWeave (CRWV)
Metric	COHR	CRWV
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Coherent (COHR) trades at 39.92 times trailing earnings, ranked against its peers, while CoreWeave (CRWV) has no P/E ratio this period.

COHR

Technology Hardware & Equipment industry group

39.92

Max: 69.48
Q3: 41.02
COHR: 39.92
Median: 26.39
Q1: 19.36
Min: 6.07

CRWV

Software & Services industry group

Max: 112.94
Q3: 60.32
Median: 32.91
Q1: 18.77
Min: 6.69
CRWV: --

Coherent (COHR) vs. CoreWeave (CRWV): CRWV does not report P/E ratio, so it has no value marker; COHR is benchmarked against the Technology Hardware & Equipment industry group.

P/S Ratio (TTM)

On P/S ratio, both Coherent (COHR) at 4.80 and CoreWeave (CRWV) at 3.37 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

COHR

Technology Hardware & Equipment industry group

4.80

Max: 11.30
Q3: 5.82
COHR: 4.80
Median: 2.56
Q1: 1.05
Min: 0.00

CRWV

Software & Services industry group

3.37

Max: 17.91
Q3: 8.78
Median: 4.25
CRWV: 3.37
Q1: 2.23
Min: 0.02

Coherent (COHR) vs. CoreWeave (CRWV): A comparison of their P/S ratio against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

P/B Ratio (MRQ)

On P/B ratio, both Coherent (COHR) at 3.35 and CoreWeave (CRWV) at 5.09 are valued close to their industries’ norm against book — neither stands out from peers.

COHR

Technology Hardware & Equipment industry group

3.35

Max: 10.75
Q3: 5.52
COHR: 3.35
Median: 3.17
Q1: 1.79
Min: 0.33

CRWV

Software & Services industry group

5.09

Max: 16.63
Q3: 8.50
CRWV: 5.09
Median: 4.30
Q1: 1.92
Min: -3.90

Coherent (COHR) vs. CoreWeave (CRWV): A comparison of their P/B ratio against their respective Technology Hardware & Equipment and Software & Services industry group benchmarks.

Valuation Metrics

Valuation metrics for Coherent (COHR) and CoreWeave (CRWV)
Metric	COHR	CRWV
P/E Ratio (TTM)	39.92	--
P/S Ratio (TTM)	4.80	3.37
P/B Ratio (MRQ)	3.35	5.09
Free Cash Flow Yield (TTM)	-4.44%	-35.51%