Cognex [CGNX] vs Coherent [COHR] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Cognex Corporation wins in 15 metrics, Coherent Corp. wins in 5 metrics, with 0 ties. Cognex Corporation appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Cognex Corporation Coherent Corp. Better
P/E Ratio (TTM) 79.79 334.34 Cognex Corporation
Price-to-Book Ratio 6.07 7.41 Cognex Corporation
Debt-to-Equity Ratio 5.13 39.90 Cognex Corporation
PEG Ratio 4.52 3.75 Coherent Corp.
EV/EBITDA 45.15 54.90 Cognex Corporation
Profit Margin (TTM) 11.51% 4.66% Cognex Corporation
Operating Margin (TTM) 13.98% 11.78% Cognex Corporation
EBITDA Margin (TTM) 13.98% 11.78% Cognex Corporation
Return on Equity 7.61% 3.24% Cognex Corporation
Return on Assets (TTM) 5.07% 2.90% Cognex Corporation
Free Cash Flow (TTM) $236.77M $192.76M Cognex Corporation
Dividend Yield 0.74% N/A N/A
1-Year Return 119.72% 377.95% Coherent Corp.
Price-to-Sales Ratio (TTM) 9.11 10.06 Cognex Corporation
Enterprise Value $8.73B $66.33B Coherent Corp.
EV/Revenue Ratio 8.78 10.54 Cognex Corporation
Gross Profit Margin (TTM) 65.75% 36.95% Cognex Corporation
Revenue per Share (TTM) $6 $40 Coherent Corp.
Earnings per Share (Diluted) $0.68 $1.01 Coherent Corp.
Beta (Stock Volatility) 1.47 1.91 Cognex Corporation
Short % of Float 3.11% 6.88% Cognex Corporation

Cognex Corporation vs Coherent Corp. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Cognex Corporation0.00%-3.29%17.37%22.76%73.03%78.93%
Coherent Corp.-2.22%11.94%29.40%42.82%158.89%119.67%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Cognex Corporation119.72%15.79%-17.17%197.69%668.38%914.64%
Coherent Corp.377.95%827.32%421.98%1,678.89%1,259.93%3,584.71%

Performance & Financial Health Analysis: Cognex Corporation vs Coherent Corp.

MetricCGNXCOHR
Market Information
Market Cap i$9.06B$63.01B
Market Cap CategoryMid capLarge cap
10 Day Avg. Volume i1,495,0765,422,893
90 Day Avg. Volume i1,698,7557,735,194
Last Close$66.08$417.40
52 Week Range$29.22 - $71.90$76.88 - $440.00
% from 52W High-8.09%-5.14%
All-Time High$101.82 (Feb 08, 2021)$440.00 (Jun 03, 2026)
% from All-Time High-35.10%-5.14%
Growth Metrics
Quarterly Revenue Growth0.10%0.18%
Quarterly Earnings Growth0.15%0.42%
Financial Health
Profit Margin (TTM) i0.12%0.05%
Operating Margin (TTM) i0.14%0.12%
Return on Equity (TTM) i0.08%0.03%
Debt to Equity (MRQ) i5.1339.90
Cash & Liquidity
Book Value per Share (MRQ)$8.93$45.56
Cash per Share (MRQ)$2.03$4.64
Operating Cash Flow (TTM) i$245.51M$397.10M
Levered Free Cash Flow (TTM) i$190.51M$130.36M
Dividends
Last 12-Month Dividend Yield i0.74%N/A
Last 12-Month Dividend i$0.42$0.00

Valuation & Enterprise Metrics Analysis: Cognex Corporation vs Coherent Corp.

MetricCGNX (Apr 26, 2026)COHR (Apr 26, 2026)
Price Ratios
P/E Ratio (TTM) i79.79334.34
Forward P/E i35.2944.47
PEG Ratio i4.523.75
Price to Sales (TTM) i9.1110.06
Price to Book (MRQ) i6.077.41
Market Capitalization
Market Capitalization i$9.06B$63.01B
Enterprise Value i$8.73B$66.33B
Enterprise Value Metrics
Enterprise to Revenue i8.7810.54
Enterprise to EBITDA i45.1554.90
Risk & Other Metrics
Beta i1.471.91
Book Value per Share (MRQ) i$8.93$45.56

Financial Statements Comparison: Cognex Corporation vs Coherent Corp.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricCGNX (2025)COHR (2025)
Revenue/Sales i994.36M5.81B
Cost of Goods Sold i328.97M3.77B
COGS % of Revenue i33.1%64.8%
Gross Profit i665.39M2.04B
Gross Margin i66.9%35.2%
Research & Development i138.97M581.92M
Operating Income (EBIT) i162.57M534.95M
Operating Margin i16.3%9.2%
EBITDA i180.49M1.14B
EBITDA Margin i18.2%19.6%
Pre-Tax Income i182.80M94.18M
Pre-Tax Income % of Revenue i18.4%1.6%
Income Tax i68.36M64.12M
Income Tax % of Revenue i6.9%1.1%
Net Income (Profit) i114.44M30.06M
Profit Margin i11.5%0.5%

Balance Sheet & Liquidity Metrics

MetricCGNX (2025)COHR (2025)
Cash & Equivalents i262.93M909.20M
Total Current Assets i697.25M3.93B
Total Current Assets % of Revenue i70.1%67.6%
Total Current Liabilities i183.55M1.79B
Total Current Liabilities % of Revenue i18.5%30.9%
Long-Term Debt i64.87M3.66B
Long-Term Debt % of Revenue i6.5%63.1%
Total Shareholders Equity i1.49B8.48B
Retained Earnings i406.36M584.37M
Retained Earnings % of Revenue i40.9%10.1%
Property, Plant & Equipment i121.78M0

Cash Flow Statement Comparison

MetricCGNX (2025)COHR (2025)
Operating Cash Flow i246.48M601.01M
Operating Cash Flow % of Revenue i24.8%10.3%
Capital Expenditures i-2.04M-440.84M
Free Cash Flow i236.77M192.76M
FCF Margin i23.8%3.3%
Debt Repayment iN/A-488.65M
Common Stock Repurchase i-151.23MN/A

Short Interest & Institutional Ownership Analysis

MetricCGNXCOHR
Shares Short i4.61M10.92M
Short Ratio i2.551.12
Short % of Float i3.11%6.88%
Shares Outstanding i167.00M187.42M
Float Shares i158.08M176.61M
% Held by Insiders i0.36%0.50%
% Held by Institutions i102.31%88.62%
% Held by Public i-2.67%10.88%

Dividend Analysis & Yield Comparison: Cognex Corporation vs Coherent Corp.

MetricCGNXCOHR
Last 12-Month Dividend i$0.42$0.00
Last 12-Month Dividend Yield i0.74%N/A
3-Year Avg Annual Dividend i$0.33$0.00
3-Year Avg Dividend Yield i0.19%N/A
3-Year Total Dividends i$0.99$0.00
Ex-Dividend DateFeb 26, 2026N/A