Coherent Inc (COHR)
Operating profit margin
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 389,969 | 467,284 | 355,599 | 241,027 | 123,175 | 9,731 | 43,896 | 21,827 | 82,593 | 232,975 | 271,744 | 361,720 | 414,294 | 397,234 | 375,546 | 396,039 | 402,119 | 372,422 | 356,377 | 159,084 |
| Revenue (ttm) | US$ in thousands | 5,810,280 | 5,595,240 | 5,306,170 | 5,002,600 | 4,707,600 | 4,598,290 | 4,629,670 | 4,868,520 | 5,160,090 | 4,842,002 | 4,429,536 | 3,866,075 | 3,316,616 | 3,237,660 | 3,193,168 | 3,172,918 | 3,105,891 | 3,044,175 | 2,887,984 | 2,767,746 |
| Operating profit margin | 6.71% | 8.35% | 6.70% | 4.82% | 2.62% | 0.21% | 0.95% | 0.45% | 1.60% | 4.81% | 6.13% | 9.36% | 12.49% | 12.27% | 11.76% | 12.48% | 12.95% | 12.23% | 12.34% | 5.75% |
June 30, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $389,969K ÷ $5,810,280K
= 6.71%
The operating profit margins of Coherent Inc. have exhibited significant fluctuations over the analyzed period, reflecting varying levels of operating efficiency and profitability. Starting at approximately 5.75% at the end of September 2020, the margin experienced a notable increase, reaching a trough of around 0.45% by September 2023 and continuing to decline through March 2024. This downward trend signifies a reduction in operating profitability, potentially attributable to increased operating costs, pricing pressures, or other operational challenges.
From March 2024 onward, the operating profit margin demonstrates a recovery trend, rising to approximately 2.62% by June 2024 and further improving to 4.82% as of September 2024. The trajectory continues upward through subsequent quarters, reaching 6.70% in December 2024 and further climbing to 8.35% by March 2025. This rebounding indicates a potential stabilization and improvement in operational efficiency, possibly driven by cost management efforts, product mix adjustments, or favorable market conditions.
Overall, the period reflects considerable volatility in Coherent Inc.'s operating profit margin, with initial growth followed by a substantial decline and subsequent recovery. The recent upward trend suggests an revitalization of operating profitability, although the margins remain below the levels observed in most of the earlier years within the period examined.
Peer comparison
Jun 30, 2025