COHR vs. GLW: Coherent vs. Corning Stock Comparison
How do Coherent (COHR) and Corning (GLW) 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 Corning (GLW) are both classified in the Electronic Components sub-industry within the broader Electronic Equipment, Instruments & Components industry, placing them in the closest GICS peer bucket.
| Profile Item | COHR | GLW |
|---|---|---|
| Name | Coherent Corp. | Corning Incorporated |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Electronic Equipment, Instruments & Components | Electronic Equipment, Instruments & Components |
| GICS Sub-Industry | Electronic Components | Electronic Components |
| Market Capitalization | 37.98 billion USD | 91.42 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 2, 1987 | December 31, 1981 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | COHR | GLW |
|---|---|---|
| Total Return (1Y) | 48.11% | 35.36% |
| Total Return (3Y, Annualized) | 90.06% | 65.24% |
| Total Return (5Y, Annualized) | 28.94% | 27.74% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Coherent (COHR) carries a highly aggressive beta of 2.19, indicating much higher sensitivity to broad-market moves, whereas Corning (GLW) is closer to market-like at 1.25 — a noticeable difference in market-sensitivity profile.
| Metric | COHR | GLW |
|---|---|---|
| Volatility (1Y, Annualized) | 91.27% | 76.20% |
| Beta (5Y) | 2.19 | 1.25 |
| Max Drawdown (5Y) | -62.87% | -59.47% |
| Avg. Volume (3M) | 7.56M | 9.07M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | COHR | GLW |
|---|---|---|
| Sharpe Ratio (1Y) | 0.48 | 0.41 |
| Sortino Ratio (1Y) | 0.70 | 0.60 |
Profitability
ROE (TTM)
Both Coherent (COHR) at 9.27% and Corning (GLW) at 17.88% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
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%
GLW
Technology Hardware & Equipment industry group
17.88%
- Max
- 42.47%
- Q3
- 19.13%
- GLW
- 17.88%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
For every dollar of sales, both Coherent (COHR) at 12.18% and Corning (GLW) at 12.13% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
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%
GLW
Technology Hardware & Equipment industry group
12.13%
- Max
- 27.60%
- GLW
- 12.13%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Corning (GLW) at 18.95% operates in the top operating margin quartile, ahead of Coherent (COHR) at 16.30%, which runs around its industry’s norm.
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%
GLW
Technology Hardware & Equipment industry group
18.95%
- Max
- 36.27%
- GLW
- 18.95%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | COHR | GLW |
|---|---|---|
| ROE (TTM) | 9.27% | 17.88% |
| ROA (TTM) | 3.99% | 5.80% |
| Net Margin (TTM) | 12.18% | 12.13% |
| Operating Margin (TTM) | 16.30% | 18.95% |
| Gross Margin (TTM) | 38.16% | 36.48% |
Growth
Revenue Growth
Both Coherent (COHR) at 22.51% and Corning (GLW) at 19.14% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Only one side can be read here: Corning (GLW) reports EPS growth of 215.52%, ranked against its industry; Coherent (COHR) has no EPS growth figure this period.
Growth Metrics
| Metric | COHR | GLW |
|---|---|---|
| Revenue Growth (YoY) | 22.51% | 19.14% |
| Revenue Growth (3Y CAGR) | 11.32% | 3.27% |
| EPS Growth (YoY) | -- | 215.52% |
| EPS Growth (3Y CAGR) | -- | 5.92% |
Financial Strength
Current Ratio (MRQ)
Both Coherent (COHR) at 2.29 and Corning (GLW) at 1.72 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
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
GLW
Technology Hardware & Equipment industry group
1.72
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- GLW
- 1.72
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Both Coherent (COHR) at 0.37 and Corning (GLW) at 0.64 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
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
GLW
Technology Hardware & Equipment industry group
0.64
- Max
- 1.76
- Q3
- 0.78
- GLW
- 0.64
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | COHR | GLW |
|---|---|---|
| Current Ratio (MRQ) | 2.29 | 1.72 |
| Debt / Equity (MRQ) | 0.37 | 0.64 |
| Net Debt / EBITDA | 1.56 | 1.49 |
Dividends
Dividend Yield (TTM)
Coherent (COHR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Corning (GLW) reports a yield of 1.08%, ranking against industry peers normally.
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%
GLW
Technology Hardware & Equipment industry group
1.08%
- GLW
- 1.08%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Coherent (COHR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Corning (GLW) reports a payout of 45.34%, ranking against industry peers normally.
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%
GLW
Technology Hardware & Equipment industry group
45.34%
- GLW
- 45.34%
- Max
- 32.27%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | COHR | GLW |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.08% |
| Dividend Payout Ratio (TTM) | 0.00% | 45.34% |
Valuation
P/E Ratio (TTM)
Coherent (COHR) at 39.92 is near its industry’s usual P/E ratio, while Corning (GLW) at 42.97 sits in the richer quartile — GLW needs stronger growth or earnings quality to justify the premium.
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
GLW
Technology Hardware & Equipment industry group
42.97
- Max
- 69.48
- GLW
- 42.97
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
On P/S ratio, both Coherent (COHR) at 4.80 and Corning (GLW) at 5.16 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
GLW
Technology Hardware & Equipment industry group
5.16
- Max
- 11.30
- Q3
- 5.82
- GLW
- 5.16
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
Coherent (COHR) at 3.35 is valued about in line with its industry on P/B ratio, while Corning (GLW) at 7.03 carries an above-peer premium to book — GLW is pricier on assets.
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
GLW
Technology Hardware & Equipment industry group
7.03
- Max
- 10.75
- GLW
- 7.03
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | COHR | GLW |
|---|---|---|
| P/E Ratio (TTM) | 39.92 | 42.97 |
| P/S Ratio (TTM) | 4.80 | 5.16 |
| P/B Ratio (MRQ) | 3.35 | 7.03 |
| Free Cash Flow Yield (TTM) | -4.44% | 0.95% |