COHR vs. HPQ: Coherent vs. HP Stock Comparison
How do Coherent (COHR) and HP (HPQ) 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 HP (HPQ) both fall under the Technology Hardware & Equipment industry group, but COHR is classified in Electronic Equipment, Instruments & Components while HPQ is classified in Technology Hardware, Storage & Peripherals.
| Profile Item | COHR | HPQ |
|---|---|---|
| Name | Coherent Corp. | HP Inc. |
| 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 | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Electronic Components | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 37.98 billion USD | 25.66 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 2, 1987 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | COHR | HPQ |
|---|---|---|
| Total Return (1Y) | 48.11% | 15.35% |
| Total Return (3Y, Annualized) | 90.06% | 6.50% |
| Total Return (5Y, Annualized) | 28.94% | 1.86% |
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 HP (HPQ) is closer to market-like at 1.18 — a noticeable difference in market-sensitivity profile.
| Metric | COHR | HPQ |
|---|---|---|
| Volatility (1Y, Annualized) | 91.27% | 47.36% |
| Beta (5Y) | 2.19 | 1.18 |
| Max Drawdown (5Y) | -62.87% | -51.23% |
| Avg. Volume (3M) | 7.56M | 14.43M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | COHR | HPQ |
|---|---|---|
| Sharpe Ratio (1Y) | 0.48 | 0.23 |
| Sortino Ratio (1Y) | 0.70 | 0.38 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Coherent (COHR) earns 9.27% on shareholders’ equity, ranked against its industry; HP (HPQ) has no ROE this period.
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%
HPQ
Technology Hardware & Equipment industry group
--
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
- HPQ
- --
Net Margin (TTM)
Coherent (COHR) at 12.18% retains a top-quartile share of revenue as profit, ahead of HP (HPQ) at 4.14%, which keeps about the industry-typical share.
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%
HPQ
Technology Hardware & Equipment industry group
4.14%
- Max
- 27.60%
- Q3
- 11.66%
- HPQ
- 4.14%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Both Coherent (COHR) at 16.30% and HP (HPQ) at 5.40% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
HPQ
Technology Hardware & Equipment industry group
5.40%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- HPQ
- 5.40%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | COHR | HPQ |
|---|---|---|
| ROE (TTM) | 9.27% | -- |
| ROA (TTM) | 3.99% | 5.63% |
| Net Margin (TTM) | 12.18% | 4.14% |
| Operating Margin (TTM) | 16.30% | 5.40% |
| Gross Margin (TTM) | 38.16% | 19.66% |
Growth
Revenue Growth
Coherent (COHR) at 22.51% is around its peer norm for revenue growth, while HP (HPQ) at 3.24% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Only one side can be read here: HP (HPQ) reports EPS growth of -5.69%, ranked against its industry; Coherent (COHR) has no EPS growth figure this period.
Growth Metrics
| Metric | COHR | HPQ |
|---|---|---|
| Revenue Growth (YoY) | 22.51% | 3.24% |
| Revenue Growth (3Y CAGR) | 11.32% | -4.21% |
| EPS Growth (YoY) | -- | -5.69% |
| EPS Growth (3Y CAGR) | -- | -4.58% |
Financial Strength
Current Ratio (MRQ)
Coherent (COHR) at 2.29 keeps current ratio within its industry’s typical mid-range, while HP (HPQ) at 0.79 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HPQ.
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
HPQ
Technology Hardware & Equipment industry group
0.79
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- HPQ
- 0.79
- Min
- 0.17
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Coherent (COHR) carries debt-to-equity ratio of 0.37 against its industry range, while HP (HPQ) reports no figure this period.
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
HPQ
Technology Hardware & Equipment industry group
--
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
- HPQ
- --
Financial Strength Metrics
| Metric | COHR | HPQ |
|---|---|---|
| Current Ratio (MRQ) | 2.29 | 0.79 |
| Debt / Equity (MRQ) | 0.37 | -- |
| Net Debt / EBITDA | 1.56 | 1.33 |
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 HP (HPQ) reports a yield of 4.04%, 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%
HPQ
Technology Hardware & Equipment industry group
4.04%
- HPQ
- 4.04%
- 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 HP (HPQ) reports a payout of 45.40%, 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%
HPQ
Technology Hardware & Equipment industry group
45.40%
- HPQ
- 45.40%
- Max
- 32.27%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | COHR | HPQ |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 4.04% |
| Dividend Payout Ratio (TTM) | 0.00% | 45.40% |
Valuation
P/E Ratio (TTM)
HP (HPQ) at 10.86 sits in the cheaper P/E ratio quartile, while Coherent (COHR) at 39.92 is closer to its industry’s usual earnings multiple — a discount for HPQ, though growth and earnings durability still matter.
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
HPQ
Technology Hardware & Equipment industry group
10.86
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- HPQ
- 10.86
- Min
- 6.07
P/S Ratio (TTM)
HP (HPQ) at 0.43 sits in the cheaper P/S ratio quartile while Coherent (COHR) at 4.80 prices around its industry’s middle — HPQ costs less per dollar of sales, though read it alongside growth and margins.
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
HPQ
Technology Hardware & Equipment industry group
0.43
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- HPQ
- 0.43
- Min
- 0.00
P/B Ratio (MRQ)
HP (HPQ) reports a negative P/B ratio of -279.02, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Coherent (COHR) reports 3.35, ranking against industry peers normally.
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
HPQ
Technology Hardware & Equipment industry group
-279.02
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
- HPQ
- -279.02
Valuation Metrics
| Metric | COHR | HPQ |
|---|---|---|
| P/E Ratio (TTM) | 39.92 | 10.86 |
| P/S Ratio (TTM) | 4.80 | 0.43 |
| P/B Ratio (MRQ) | 3.35 | -279.02 |
| Free Cash Flow Yield (TTM) | -4.44% | 13.21% |