COHR vs. NTAP: Coherent vs. NetApp Stock Comparison

November 11, 2026

How do Coherent (COHR) and NetApp (NTAP) 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 NetApp (NTAP) both fall under the Technology Hardware & Equipment industry group, but COHR is classified in Electronic Equipment, Instruments & Components while NTAP is classified in Technology Hardware, Storage & Peripherals.

Company profile comparison for Coherent (COHR) and NetApp (NTAP)
Profile Item	COHR	NTAP
Name	Coherent Corp.	NetApp, 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	33.23 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	October 2, 1987	November 21, 1995
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

COHR

NTAP

GSPC

Coherent (COHR) vs. NetApp (NTAP), 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 NetApp (NTAP). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Coherent (COHR) and NetApp (NTAP)
Metric	COHR	NTAP
Total Return (1Y)	48.11%	59.65%
Total Return (3Y, Annualized)	90.06%	35.23%
Total Return (5Y, Annualized)	28.94%	16.66%

Risk Profile

Drawdown History

COHR

NTAP

GSPC

Coherent (COHR) vs. NetApp (NTAP), 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 NetApp (NTAP). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Coherent (COHR) and NetApp (NTAP)
Metric	COHR	NTAP
Volatility (1Y, Annualized)	91.27%	48.37%
Beta (5Y)	2.19	1.55
Max Drawdown (5Y)	-62.87%	-42.61%
Avg. Volume (3M)	7.56M	2.39M

Risk-Adjusted Performance

Risk-Return Positioning

COHR and NTAP are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Coherent (COHR) and NetApp (NTAP)
Metric	COHR	NTAP
Sharpe Ratio (1Y)	0.48	1.14
Sortino Ratio (1Y)	0.70	1.84

Profitability

ROE (TTM)

NetApp (NTAP) at 114.82% 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%

NTAP

Technology Hardware & Equipment industry group

114.82%

NTAP: 114.82%
Max: 42.47%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%

Coherent (COHR) vs. NetApp (NTAP): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Coherent (COHR) at 12.18% and NetApp (NTAP) at 19.19% 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%

NTAP

Technology Hardware & Equipment industry group

19.19%

Max: 27.60%
NTAP: 19.19%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

Coherent (COHR) vs. NetApp (NTAP): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

NetApp (NTAP) at 26.67% 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%

NTAP

Technology Hardware & Equipment industry group

26.67%

Max: 36.27%
NTAP: 26.67%
Q3: 18.36%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

Coherent (COHR) vs. NetApp (NTAP): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Coherent (COHR) and NetApp (NTAP)
Metric	COHR	NTAP
ROE (TTM)	9.27%	114.82%
ROA (TTM)	3.99%	11.66%
Net Margin (TTM)	12.18%	19.19%
Operating Margin (TTM)	16.30%	26.67%
Gross Margin (TTM)	38.16%	70.63%

Growth

Revenue Growth

Both Coherent (COHR) at 22.51% and NetApp (NTAP) at 5.37% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Only one side can be read here: NetApp (NTAP) reports EPS growth of 11.99%, ranked against its industry; Coherent (COHR) has no EPS growth figure this period.

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

Growth Metrics

Growth metrics for Coherent (COHR) and NetApp (NTAP)
Metric	COHR	NTAP
Revenue Growth (YoY)	22.51%	5.37%
Revenue Growth (3Y CAGR)	11.32%	2.87%
EPS Growth (YoY)	--	11.99%
EPS Growth (3Y CAGR)	--	3.13%

Financial Strength

Current Ratio (MRQ)

Coherent (COHR) at 2.29 keeps current ratio within its industry’s typical mid-range, while NetApp (NTAP) at 1.24 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for NTAP.

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

NTAP

Technology Hardware & Equipment industry group

1.24

Max: 5.34
Q3: 3.02
Median: 1.95
Q1: 1.32
NTAP: 1.24
Min: 0.17

Coherent (COHR) vs. NetApp (NTAP): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Coherent (COHR) at 0.37 carries an industry-typical debt-to-equity mix, while NetApp (NTAP) at 1.69 uses more debt funding than most peers.

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

NTAP

Technology Hardware & Equipment industry group

1.69

Max: 1.76
NTAP: 1.69
Q3: 0.78
Median: 0.24
Q1: 0.04
Min: 0.01

Coherent (COHR) vs. NetApp (NTAP): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Coherent (COHR) and NetApp (NTAP)
Metric	COHR	NTAP
Current Ratio (MRQ)	2.29	1.24
Debt / Equity (MRQ)	0.37	1.69
Net Debt / EBITDA	1.56	-0.50

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 NetApp (NTAP) reports a yield of 1.23%, 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%

NTAP

Technology Hardware & Equipment industry group

1.23%

NTAP: 1.23%
Max: 0.73%
Q3: 0.31%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Coherent (COHR) vs. NetApp (NTAP): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

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 NetApp (NTAP) reports a payout of 29.34%, 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%

NTAP

Technology Hardware & Equipment industry group

29.34%

Max: 32.27%
NTAP: 29.34%
Q3: 14.48%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Coherent (COHR) vs. NetApp (NTAP): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Coherent (COHR) and NetApp (NTAP)
Metric	COHR	NTAP
Dividend Yield (TTM)	0.00%	1.23%
Dividend Payout Ratio (TTM)	0.00%	29.34%

Valuation

P/E Ratio (TTM)

Both Coherent (COHR) at 39.92 and NetApp (NTAP) at 23.86 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

NTAP

Technology Hardware & Equipment industry group

23.86

Max: 69.48
Q3: 41.02
Median: 26.39
NTAP: 23.86
Q1: 19.36
Min: 6.07

Coherent (COHR) vs. NetApp (NTAP): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Coherent (COHR) at 4.80 and NetApp (NTAP) at 4.50 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

NTAP

Technology Hardware & Equipment industry group

4.50

Max: 11.30
Q3: 5.82
NTAP: 4.50
Median: 2.56
Q1: 1.05
Min: 0.00

Coherent (COHR) vs. NetApp (NTAP): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Coherent (COHR) at 3.35 sits near its industry’s typical P/B ratio, while NetApp (NTAP) at 22.18 prices above its benchmark range — NTAP looks rich relative to book.

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

NTAP

Technology Hardware & Equipment industry group

22.18

NTAP: 22.18
Max: 10.75
Q3: 5.52
Median: 3.17
Q1: 1.79
Min: 0.33

Coherent (COHR) vs. NetApp (NTAP): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Coherent (COHR) and NetApp (NTAP)
Metric	COHR	NTAP
P/E Ratio (TTM)	39.92	23.86
P/S Ratio (TTM)	4.80	4.50
P/B Ratio (MRQ)	3.35	22.18
Free Cash Flow Yield (TTM)	-4.44%	3.52%