Coherent (COHR) stock price, revenue, and financials

Coherent market cap is $6.7 b, and annual revenue was $1.49 b in FY 2021

$6.7 B

COHR Mkt cap, 13-May-2022

$384.5 M

Coherent Revenue Q1, 2022
Coherent Gross profit (Q1, 2022)167.6 M
Coherent Gross profit margin (Q1, 2022), %43.6%
Coherent Net income (Q1, 2022)30.3 M
Coherent EBIT (Q1, 2022)42.5 M
Coherent Cash, 01-Jan-2022392.6 M
Coherent EV6.7 B
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Coherent Revenue

Coherent revenue was $1.49 b in FY, 2021 which is a 21% year over year increase from the previous period.

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Coherent Revenue Breakdown

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Coherent revenue breakdown by business segment: 38.6% from Industrial Lasers & Systems and 61.4% from OEM Laser Sources

Coherent revenue breakdown by geographic segment: 18.4% from South Korea, 9.3% from Europe, Other, 9.2% from Asia-Pacific, Other, 8.0% from Japan, 22.6% from United States, 18.4% from China, 9.4% from Germany and 4.7% from Other

Coherent Income Statement

Annual

USDFY, 2019FY, 2020FY, 2021

Revenue

1.4b1.2b1.5b

Revenue growth, %

(25%)(14%)21%

Cost of goods sold

944.2m818.1m918.6m

Gross profit

486.5m410.9m568.8m

Gross profit Margin, %

34%33%38%

R&D expense

117.4m115.6m124.3m

General and administrative expense

272.3m270.5m303.9m

Operating expense total

403.4m841.1m667.1m

Depreciation and amortization

13.8m4.0m2.9m

EBIT

83.1m(430.2m)(98.2m)

EBIT margin, %

6%(35%)(7%)

Interest expense

19.1m17.0m18.1m

Interest income

1.1m1.1m458.0k

Pre tax profit

60.0m(442.7m)(115.5m)

Income tax expense

6.2m(28.6m)(8.8m)

Net Income

53.8m(414.1m)(106.8m)

EPS

2.2(17.2)(4.4)

Coherent Balance Sheet

Annual

USDFY, 2019FY, 2020FY, 2021

Cash

305.8m440.3m456.5m

Accounts Receivable

267.6m220.3m249.4m

Prepaid Expenses

78.0m88.3m79.6m

Inventories

442.5m426.8m392.2m

Current Assets

1.1b1.2b1.2b

PP&E

323.4m245.7m302.6m

Goodwill

427.1m101.3m105.3m

Total Assets

2.1b1.8b1.9b

Accounts Payable

51.5m60.2m104.5m

Short-term debt

14.9m16.8m18.4m

Current Liabilities

240.3m268.1m382.2m

Long-term debt

392.2m411.1m425.8m

Total Liabilities

798.4m900.3m1.0b

Common Stock

238.0k241.0k244.0k

Additional Paid-in Capital

34.3m80.3m123.1m

Retained Earnings

1.3b872.4m765.6m

Total Equity

1.3b927.2m868.2m

Debt to Equity Ratio

0.3 x0.5 x0.5 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x

Financial Leverage

1.6 x2 x2.2 x

Coherent Cash Flow

Annual

USDFY, 2019FY, 2020FY, 2021

Net Income

53.8m(414.1m)(106.8m)

Depreciation and Amortization

116.4m76.8m54.8m

Accounts Receivable

82.1m53.1m(28.7m)

Inventories

17.8m28.5m29.0m

Accounts Payable

(15.2m)8.2m42.5m

Cash From Operating Activities

181.4m206.9m72.9m

Purchases of PP&E

(83.3m)(64.9m)(82.6m)

Cash From Investing Activities

(100.3m)(78.2m)(72.9m)

Short-term Borrowings

(111.8m)(14.5m)(1.9m)

Long-term Borrowings

(7.5m)(7.9m)(8.6m)

Cash From Financing Activities

(80.5m)(9.9m)20.6m

Net Change in Cash

(5.4m)126.9m17.0m

Interest Paid

14.5m13.7m14.6m

Income Taxes Paid

156.7m33.6m30.3m

Coherent Ratios

USDQ1, 2019

Coherent Operating Metrics

Coherent's Backlog was reported to be $717.1m in FY, 2021.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Backlog

$328.3 m$309.5 m$605.3 m$1.04 b$759.9 m$502.1 m$548 m$717.1 m

Backlog (Specialty Lasers and Systems)

$253 m$219.3 m$515.2 m$801.4 m$488.8 m$309.5 m$354.5 m$426 m

Backlog (Commercial Lasers and Components)

$75.3 m$90.2 m$90.1 m$238.6 m$271.1 m$192.6 m$193.5 m$291.1 m

Patents Issued

427484565700725785880890

Patent Applications

147139133275245225185195

Coherent Human Capital

Job Roles

FY, 2020FY, 2019FY, 2018
Operations64%64.9%64.5%
Sales and Administration23.8%22.7%22.7%
Product Research and Development 12.2%12.4%12.8%

Coherent Employee Rating

4.5372 votes
Culture & Values
4.4
Work/Life Balance
4.4
Senior Management
4.2
Salary & Benefits
4
Career Opportunities
4
Source