Coherent Inc (COHR)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 2,483,300 | 7,574,890 | 4,987,550 | 7,228,970 | 3,616,480 |
| ROE | 1.99% | -2.06% | -5.20% | -3.59% | 6.49% |
June 30, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $49,400K ÷ $2,483,300K
= 1.99%
The analysis of Coherent Inc.'s return on equity (ROE) over the specified period reveals significant fluctuations, indicating variability in the company's profitability relative to shareholders' equity. As of September 30, 2022, the ROE was 6.49%, suggesting a moderate level of profitability and efficient utilization of equity during that period. Moving forward, by June 30, 2023, the ROE declined markedly to -3.59%, transitioning into negative territory, which indicates that the company experienced losses or reduced profitability that eroded shareholders’ equity.
By September 30, 2023, the ROE further deteriorated to -5.20%, illustrating continued challenges in generating positive returns on equity. However, by June 30, 2024, there was a slight improvement, with the ROE reaching -2.06%. Although still negative, this suggests a partial recovery in profitability or operational efficiency, possibly due to cost management or other strategic adjustments.
The most recent data point, June 30, 2025, shows a positive turnaround with an ROE of 1.99%. This transition into a positive ROE indicates that Coherent Inc. has begun to generate profits that benefit shareholders, reflecting potential improvements in operational performance, margins, or revenue growth strategies. Overall, the trend indicates a period of significant adversity followed by a gradual recovery, culminating in positive profitability on an equity basis. Future assessments should consider whether this positive trajectory sustains and how underlying operational or market factors contribute to this improvement.
Peer comparison
Jun 30, 2025