Coherent Inc (COHR)
Return on assets (ROA)
Jun 30, 2025 | Jun 30, 2024 | Sep 30, 2023 | Jun 30, 2023 | Sep 30, 2022 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 49,400 | -156,154 | -259,458 | -259,458 | 234,759 |
Total assets | US$ in thousands | 487,606,000 | 14,488,600 | 13,711,100 | 13,711,100 | 7,844,850 |
ROA | 0.01% | -1.08% | -1.89% | -1.89% | 2.99% |
June 30, 2025 calculation
ROA = Net income ÷ Total assets
= $49,400K ÷ $487,606,000K
= 0.01%
The return on assets (ROA) for Coherent Inc. exhibits a fluctuating trend over the period analyzed. As of September 30, 2022, the ROA stood at 2.99%, indicating that the company was generating a modest profit relative to its total assets during that period. However, by June 30, 2023, the ROA declined sharply to -1.89%, reflecting a transition into an operational or net loss position relative to total assets. This negative ROA persisted through September 30, 2023, maintaining the same level at -1.89%, suggesting sustained challenges in generating profitable returns on assets during that timeframe.
Between June 30, 2024, and June 30, 2025, there was a notable improvement in ROA performance. The figure improved from -1.08% to 0.01%, ultimately crossing into a marginally positive territory. This progression indicates a gradual recovery in the company's efficiency in utilizing its assets to generate profit, culminating in a near breakeven point by mid-2025.
Overall, the data reflects a period of financial distress or operational difficulties following a relatively profitable year in September 2022, with the company experiencing negative profitability in subsequent periods before stabilizing at a minimal positive level in mid-2025. This trend underscores the importance of analyzing underlying factors such as revenue generation, cost management, asset utilization, and strategic adjustments that may have influenced the company's evolving ROA profile.
Peer comparison
Jun 30, 2025