Coherent Inc (COHR)
Return on total capital
| Jun 30, 2025 | Jun 30, 2024 | Sep 30, 2023 | Jun 30, 2023 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 123,175 | 50,415 | -68,686 | 116,282 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,483,300 | 7,574,890 | 4,987,550 | 7,228,970 | 3,616,480 |
| Return on total capital | 0.00% | 1.63% | 1.01% | -0.95% | 3.22% |
June 30, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,483,300K)
= 0.00%
The return on total capital for Coherent Inc. has exhibited notable fluctuations over the specified period. As of September 30, 2022, the return stood at 3.22%, indicating a relatively efficient utilization of total capital to generate earnings. By June 30, 2023, this figure declined significantly to -0.95%, reflecting a period where the company experienced negative returns on its total capital, potentially due to operational challenges or adverse market conditions.
Subsequently, by September 30, 2023, there was a recovery to 1.01%, suggesting an improvement in the company's ability to generate profit from its total capital base. This upward trend continued into June 30, 2024, reaching 1.63%, which indicates a continued positive trajectory in capital efficiency. However, the projection for June 30, 2025, reports a return of 0.00%, implying a forecasted or observed stagnation or break-even point where the company's returns on total capital are expected to neither generate profit nor incur losses.
Overall, the data indicates that Coherent Inc. experienced a period of decline in capital efficiency during the early part of the observed timeframe, followed by a gradual recovery. The movements suggest periods of operational volatility with potential external or internal factors influencing the company's ability to maintain positive returns on its total capital base.
Peer comparison
Jun 30, 2025