Coherent Inc (COHR)
Pretax margin
| Jun 30, 2025 | Jun 30, 2024 | Sep 30, 2023 | Jun 30, 2023 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 94,200 | -147,647 | -355,558 | -355,558 | 281,807 |
| Revenue | US$ in thousands | 5,810,100 | 4,707,690 | 5,160,100 | 5,160,100 | 3,316,620 |
| Pretax margin | 1.62% | -3.14% | -6.89% | -6.89% | 8.50% |
June 30, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $94,200K ÷ $5,810,100K
= 1.62%
The pretax margin of Coherent Inc. has demonstrated significant fluctuations over the observed period. As of September 30, 2022, the pretax margin stood at 8.50%, indicating a profitable core operating performance before taxes. However, this margin experienced a notable decline by June 30, 2023, turning negative at -6.89%, reflecting substantial challenges in generating pre-tax earnings relative to revenue during that period. This negative trend persisted through September 30, 2023, with the pretax margin remaining unchanged at -6.89%, suggesting ongoing operational or financial difficulties impacting pre-tax profitability. By June 30, 2024, the margin improved but remained negative at -3.14%, indicating a partial recovery but still indicating that pre-tax earnings were below break-even levels. A further positive development was observed by June 30, 2025, when the pretax margin turned positive again, reaching 1.62%, signaling a return to pre-tax profitability and potential operational improvements or favorable market conditions. Overall, the data reflects a period of substantial volatility in profitability, with a recent trend toward stabilization and improvement.
Peer comparison
Jun 30, 2025