COHR vs. MU: Coherent vs. Micron Stock Comparison

November 11, 2026

How do Coherent (COHR) and Micron (MU) 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 Micron (MU) share the Information Technology sector but sit in different industry groups — COHR in Technology Hardware & Equipment and MU in Semiconductors & Semiconductor Equipment.

Company profile comparison for Coherent (COHR) and Micron (MU)
Profile Item	COHR	MU
Name	Coherent Corp.	Micron Technology Inc.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Technology Hardware & Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Electronic Equipment, Instruments & Components	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Electronic Components	Semiconductors
Market Capitalization	37.98 billion USD	780.68 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	October 2, 1987	June 1, 1984
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

COHR

GSPC

Coherent (COHR) vs. Micron (MU), 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

Loading price history…

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

Calendar-Year Returns

Loading price history…

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

Performance Metrics

Price performance metrics for Coherent (COHR) and Micron (MU)
Metric	COHR	MU
Total Return (1Y)	48.11%	208.53%
Total Return (3Y, Annualized)	90.06%	115.89%
Total Return (5Y, Annualized)	28.94%	58.28%

Risk Profile

Drawdown History

COHR

GSPC

Coherent (COHR) vs. Micron (MU), 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

Loading price history…

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

Risk Metrics

Risk profile metrics for Coherent (COHR) and Micron (MU)
Metric	COHR	MU
Volatility (1Y, Annualized)	91.27%	83.85%
Beta (5Y)	2.19	2.44
Max Drawdown (5Y)	-62.87%	-57.63%
Avg. Volume (3M)	7.56M	27.63M

Risk-Adjusted Performance

Risk-Return Positioning

COHR and MU 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 Micron (MU)
Metric	COHR	MU
Sharpe Ratio (1Y)	0.48	2.44
Sortino Ratio (1Y)	0.70	3.87

Profitability

ROE (TTM)

Micron (MU) at 88.26% clears its industry range for ROE, a sharper capital-efficiency signal than Coherent (COHR) at 9.27%, which is closer to a typical peer reading.

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%

MU

Semiconductors & Semiconductor Equipment industry group

88.26%

MU: 88.26%
Max: 52.82%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Coherent (COHR) vs. Micron (MU): A comparison of their ROE against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Net Margin (TTM)

For every dollar of sales, both Coherent (COHR) at 12.18% and Micron (MU) at 63.80% 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%

MU

Semiconductors & Semiconductor Equipment industry group

63.80%

MU: 63.80%
Max: 63.80%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Coherent (COHR) vs. Micron (MU): A comparison of their net margin against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Operating Margin (TTM)

Micron (MU) at 80.68% turns sales into operating profit above its industry’s benchmark range, while Coherent (COHR) at 16.30% operates 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%

MU

Semiconductors & Semiconductor Equipment industry group

80.68%

MU: 80.68%
Max: 58.66%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Coherent (COHR) vs. Micron (MU): A comparison of their operating margin against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Profitability Metrics

Profitability metrics for Coherent (COHR) and Micron (MU)
Metric	COHR	MU
ROE (TTM)	9.27%	88.26%
ROA (TTM)	3.99%	44.56%
Net Margin (TTM)	12.18%	63.80%
Operating Margin (TTM)	16.30%	80.68%
Gross Margin (TTM)	38.16%	80.72%

Growth

Revenue Growth

Micron (MU) at 256.33% 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. Micron (MU): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Micron (MU) reports EPS growth of 879.31%, ranked against its industry; Coherent (COHR) has no EPS growth figure this period.

Coherent (COHR) vs. Micron (MU): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Coherent (COHR) and Micron (MU)
Metric	COHR	MU
Revenue Growth (YoY)	22.51%	256.33%
Revenue Growth (3Y CAGR)	11.32%	104.65%
EPS Growth (YoY)	--	879.31%
EPS Growth (3Y CAGR)	--	--

Financial Strength

Current Ratio (MRQ)

Both Coherent (COHR) at 2.29 and Micron (MU) at 3.31 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

MU

Semiconductors & Semiconductor Equipment industry group

3.31

Max: 10.33
Q3: 5.62
Median: 3.33
MU: 3.31
Q1: 2.35
Min: 1.03

Coherent (COHR) vs. Micron (MU): A comparison of their current ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Debt / Equity (MRQ)

Micron (MU) at 0.04 keeps leverage in the lower industry quartile, while Coherent (COHR) at 0.37 runs a more typical debt-to-equity mix.

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

MU

Semiconductors & Semiconductor Equipment industry group

0.04

Max: 1.46
Q3: 0.65
Median: 0.27
Q1: 0.04
MU: 0.04
Min: 0.00

Coherent (COHR) vs. Micron (MU): A comparison of their debt-to-equity ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Coherent (COHR) and Micron (MU)
Metric	COHR	MU
Current Ratio (MRQ)	2.29	3.31
Debt / Equity (MRQ)	0.37	0.04
Net Debt / EBITDA	1.56	-0.35

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 Micron (MU) reports a yield of 0.09%, 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%

MU

Semiconductors & Semiconductor Equipment industry group

0.09%

Max: 1.37%
Q3: 0.65%
MU: 0.09%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Coherent (COHR) vs. Micron (MU): A comparison of their dividend yield against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

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 Micron (MU) reports a payout of 0.71%, 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%

MU

Semiconductors & Semiconductor Equipment industry group

0.71%

Max: 49.64%
Q3: 21.71%
MU: 0.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Coherent (COHR) vs. Micron (MU): A comparison of their payout ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Dividend Metrics

Dividend metrics for Coherent (COHR) and Micron (MU)
Metric	COHR	MU
Dividend Yield (TTM)	0.00%	0.09%
Dividend Payout Ratio (TTM)	0.00%	0.71%

Valuation

P/E Ratio (TTM)

Micron (MU) at 9.28 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 MU, 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

MU

Semiconductors & Semiconductor Equipment industry group

9.28

Max: 110.34
Q3: 66.81
Median: 37.02
Q1: 23.96
MU: 9.28
Min: 8.12

Coherent (COHR) vs. Micron (MU): A comparison of their P/E ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

P/S Ratio (TTM)

On P/S ratio, both Coherent (COHR) at 4.80 and Micron (MU) at 5.86 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

MU

Semiconductors & Semiconductor Equipment industry group

5.86

Max: 21.42
Q3: 12.27
MU: 5.86
Median: 5.76
Q1: 2.73
Min: 0.00

Coherent (COHR) vs. Micron (MU): A comparison of their P/S ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

P/B Ratio (MRQ)

On P/B ratio, both Coherent (COHR) at 3.35 and Micron (MU) at 5.64 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

MU

Semiconductors & Semiconductor Equipment industry group

5.64

Max: 14.06
Q3: 7.44
MU: 5.64
Median: 4.29
Q1: 2.30
Min: 0.20

Coherent (COHR) vs. Micron (MU): A comparison of their P/B ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Valuation Metrics

Valuation metrics for Coherent (COHR) and Micron (MU)
Metric	COHR	MU
P/E Ratio (TTM)	39.92	9.28
P/S Ratio (TTM)	4.80	5.86
P/B Ratio (MRQ)	3.35	5.64
Free Cash Flow Yield (TTM)	-4.44%	3.73%