COHR vs. TDY: Coherent vs. Teledyne Stock Comparison

November 11, 2026

How do Coherent (COHR) and Teledyne (TDY) 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 Teledyne (TDY) both belong to the Electronic Equipment, Instruments & Components industry, though COHR is classified under Electronic Components while TDY falls under Electronic Equipment & Instruments.

Company profile comparison for Coherent (COHR) and Teledyne (TDY)
Profile Item	COHR	TDY
Name	Coherent Corp.	Teledyne Technologies 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 Equipment & Instruments
Market Capitalization	37.98 billion USD	28.68 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	October 2, 1987	November 23, 1999
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

COHR

TDY

GSPC

Coherent (COHR) vs. Teledyne (TDY), 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 Teledyne (TDY). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

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

Performance Metrics

Price performance metrics for Coherent (COHR) and Teledyne (TDY)
Metric	COHR	TDY
Total Return (1Y)	48.11%	25.47%
Total Return (3Y, Annualized)	90.06%	19.59%
Total Return (5Y, Annualized)	28.94%	7.96%

Risk Profile

Drawdown History

COHR

TDY

GSPC

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

Risk Metrics

Coherent (COHR) carries a highly aggressive beta of 2.19, indicating much higher sensitivity to broad-market moves, whereas Teledyne (TDY) is closer to market-like at 0.88 — a noticeable difference in market-sensitivity profile.

Risk profile metrics for Coherent (COHR) and Teledyne (TDY)
Metric	COHR	TDY
Volatility (1Y, Annualized)	91.27%	27.63%
Beta (5Y)	2.19	0.88
Max Drawdown (5Y)	-62.87%	-32.24%
Avg. Volume (3M)	7.56M	304.37K

Risk-Adjusted Performance

Risk-Return Positioning

COHR and TDY 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 Teledyne (TDY)
Metric	COHR	TDY
Sharpe Ratio (1Y)	0.48	0.77
Sortino Ratio (1Y)	0.70	1.19

Profitability

ROE (TTM)

Both Coherent (COHR) at 9.27% and Teledyne (TDY) at 9.47% 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%

TDY

Technology Hardware & Equipment industry group

9.47%

Max: 42.47%
Q3: 19.13%
Median: 11.00%
TDY: 9.47%
Q1: 1.63%
Min: -20.62%

Coherent (COHR) vs. Teledyne (TDY): 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 Teledyne (TDY) at 15.75% 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%

TDY

Technology Hardware & Equipment industry group

15.75%

Max: 27.60%
TDY: 15.75%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

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

Operating Margin (TTM)

Teledyne (TDY) at 20.76% 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%

TDY

Technology Hardware & Equipment industry group

20.76%

Max: 36.27%
TDY: 20.76%
Q3: 18.36%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

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

Profitability Metrics

Profitability metrics for Coherent (COHR) and Teledyne (TDY)
Metric	COHR	TDY
ROE (TTM)	9.27%	9.47%
ROA (TTM)	3.99%	5.31%
Net Margin (TTM)	12.18%	15.75%
Operating Margin (TTM)	16.30%	20.76%
Gross Margin (TTM)	38.16%	43.60%

Growth

Revenue Growth

Both Coherent (COHR) at 22.51% and Teledyne (TDY) at 7.86% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Only one side can be read here: Teledyne (TDY) reports EPS growth of 9.70%, ranked against its industry; Coherent (COHR) has no EPS growth figure this period.

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

Growth Metrics

Growth metrics for Coherent (COHR) and Teledyne (TDY)
Metric	COHR	TDY
Revenue Growth (YoY)	22.51%	7.86%
Revenue Growth (3Y CAGR)	11.32%	3.86%
EPS Growth (YoY)	--	9.70%
EPS Growth (3Y CAGR)	--	4.53%

Financial Strength

Current Ratio (MRQ)

Both Coherent (COHR) at 2.29 and Teledyne (TDY) at 2.31 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

TDY

Technology Hardware & Equipment industry group

2.31

Max: 5.34
Q3: 3.02
TDY: 2.31
Median: 1.95
Q1: 1.32
Min: 0.17

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

Debt / Equity (MRQ)

Both Coherent (COHR) at 0.37 and Teledyne (TDY) at 0.18 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

TDY

Technology Hardware & Equipment industry group

0.18

Max: 1.76
Q3: 0.78
Median: 0.24
TDY: 0.18
Q1: 0.04
Min: 0.01

Coherent (COHR) vs. Teledyne (TDY): 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 Teledyne (TDY)
Metric	COHR	TDY
Current Ratio (MRQ)	2.29	2.31
Debt / Equity (MRQ)	0.37	0.18
Net Debt / EBITDA	1.56	0.88

Dividends

Dividend Yield (TTM)

Neither Coherent (COHR) nor Teledyne (TDY) 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%

TDY

Technology Hardware & Equipment industry group

0.00%

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

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

Dividend Payout Ratio (TTM)

Neither Coherent (COHR) nor Teledyne (TDY) 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%

TDY

Technology Hardware & Equipment industry group

0.00%

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

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

Dividend Metrics

Dividend metrics for Coherent (COHR) and Teledyne (TDY)
Metric	COHR	TDY
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

Both Coherent (COHR) at 39.92 and Teledyne (TDY) at 28.32 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

TDY

Technology Hardware & Equipment industry group

28.32

Max: 69.48
Q3: 41.02
TDY: 28.32
Median: 26.39
Q1: 19.36
Min: 6.07

Coherent (COHR) vs. Teledyne (TDY): 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 Teledyne (TDY) at 4.40 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

TDY

Technology Hardware & Equipment industry group

4.40

Max: 11.30
Q3: 5.82
TDY: 4.40
Median: 2.56
Q1: 1.05
Min: 0.00

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

P/B Ratio (MRQ)

On P/B ratio, both Coherent (COHR) at 3.35 and Teledyne (TDY) at 2.57 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

TDY

Technology Hardware & Equipment industry group

2.57

Max: 10.75
Q3: 5.52
Median: 3.17
TDY: 2.57
Q1: 1.79
Min: 0.33

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

Valuation Metrics

Valuation metrics for Coherent (COHR) and Teledyne (TDY)
Metric	COHR	TDY
P/E Ratio (TTM)	39.92	28.32
P/S Ratio (TTM)	4.80	4.40
P/B Ratio (MRQ)	3.35	2.57
Free Cash Flow Yield (TTM)	-4.44%	3.33%