Coherent
Coherent returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q4 | Jun 30, 2026 | — | — | — | 9.3% | 4.85% | — |
| FY 2026 Q3 | Mar 31, 2026 | — | — | — | 5% | 2.96% | — |
| FY 2026 Q2 | Dec 31, 2025 | — | — | — | 2.8% | 2% | — |
| FY 2026 Q1 | Sep 30, 2025 | — | — | — | 2.09% | 1.7% | — |
| FY 2025 Q4 | Jun 30, 2025 | — | — | — | -1.48% | 0.34% | — |
| FY 2025 Q3 | Mar 31, 2025 | — | — | — | -0.59% | 0.67% | — |
| FY 2025 Q2 | Dec 31, 2024 | — | — | — | -1.11% | 0.47% | — |
| FY 2025 Q1 | Sep 30, 2024 | — | — | — | -3.63% | -0.44% | — |
| FY 2024 Q4 | Jun 30, 2024 | — | 0.75% | — | -5.48% | -1.11% | — |
| FY 2024 Q3 | Mar 31, 2024 | — | -0.93% | — | -7.84% | -2% | — |
| FY 2024 Q2 | Dec 31, 2023 | — | -0.58% | — | -7.58% | -1.88% | — |
| FY 2024 Q1 | Sep 30, 2023 | — | -0.8% | — | -8.68% | -2.11% | — |
| FY 2023 Q4 | Jun 30, 2023 | — | -0.39% | — | -9.38% | -2.41% | — |
| FY 2023 Q3 | Mar 31, 2023 | — | 2.49% | — | -3.66% | -0.34% | — |
| FY 2023 Q2 | Dec 31, 2022 | — | 2.93% | — | -2.23% | 0.08% | — |
| FY 2023 Q1 | Sep 30, 2022 | — | 3.99% | — | 0.82% | 1.2% | — |
| FY 2022 Q4 | Jun 30, 2022 | 10.58% | 6.7% | 3.98% | 4.74% | 3.27% | 2.9 pp |
| FY 2022 Q3 | Mar 31, 2022 | — | 7.01% | — | 5.91% | 3.87% | — |
| FY 2022 Q2 | Dec 31, 2021 | — | 7.12% | — | 7.32% | 4.6% | — |
| FY 2022 Q1 | Sep 30, 2021 | 9.39% | 7.68% | — | 8.54% | 5.44% | 1.7 pp |
| FY 2021 Q4 | Jun 30, 2021 | 9.66% | 7.77% | — | 9.5% | 5.07% | 2 pp |
| FY 2021 Q3 | Mar 31, 2021 | 9.33% | 7.29% | — | 9.21% | 4.65% | 1.6 pp |
| FY 2021 Q2 | Dec 31, 2020 | 7.23% | 7.41% | — | 6.71% | 3.53% | -0.5 pp |
| FY 2021 Q1 | Sep 30, 2020 | 0.8% | 3.3% | — | -0.05% | 0.1% | -6.9 pp |
| FY 2020 Q4 | Jun 30, 2020 | — | 1.26% | — | -4.18% | -1.86% | — |
| FY 2020 Q3 | Mar 31, 2020 | — | 0.41% | — | -5.76% | -2.56% | — |
| FY 2020 Q2 | Dec 31, 2019 | — | -0.8% | — | -4.56% | -2.02% | — |
| FY 2020 Q1 | Sep 30, 2019 | 2.9% | 2.87% | -0.94% | 3.49% | 1.53% | -4.8 pp |
| FY 2019 Q4 | Jun 30, 2019 | 9.5% | 9.27% | 14.89% | 9.97% | 5.79% | 1.8 pp |
| FY 2019 Q3 | Mar 31, 2019 | 9.33% | 9.03% | 9.94% | 10.02% | 5.8% | 1.6 pp |
| FY 2019 Q2 | Dec 31, 2018 | 10.16% | 9.56% | 23.69% | 11.01% | 6.29% | 2.5 pp |
| FY 2019 Q1 | Sep 30, 2018 | 8.61% | 9.33% | 2.01% | 9.36% | 5.37% | 0.9 pp |
| FY 2018 Q4 | Jun 30, 2018 | 8.91% | 9.6% | 1.94% | 9.14% | 5.43% | 1.2 pp |
| FY 2018 Q3 | Mar 31, 2018 | 9.76% | 9.77% | 8.73% | 10.01% | 6.06% | 2.1 pp |
| FY 2018 Q2 | Dec 31, 2017 | 9.06% | 9.62% | 6.82% | 9.63% | 5.76% | 1.4 pp |
| FY 2018 Q1 | Sep 30, 2017 | 10.33% | 9.81% | 12.17% | 11.48% | 7.12% | 2.6 pp |
| FY 2017 Q4 | Jun 30, 2017 | 10.47% | 9.9% | 15.12% | 11.32% | 7.08% | 2.8 pp |
| FY 2017 Q3 | Mar 31, 2017 | 8.52% | 9.64% | 14.16% | 9.44% | 5.99% | 0.8 pp |
| FY 2017 Q2 | Dec 31, 2016 | 8.73% | 9.7% | -1.45% | 8.84% | 5.95% | 1 pp |
| FY 2017 Q1 | Sep 30, 2016 | 8.46% | 9.46% | -0.15% | 8.41% | 5.71% | 0.8 pp |
| FY 2016 Q4 | Jun 30, 2016 | 8.73% | 9.37% | 4.08% | 8.67% | 5.77% | 1 pp |
| FY 2016 Q3 | Mar 31, 2016 | 8.73% | 8.69% | 9.42% | 9.16% | 6.03% | 1 pp |
| FY 2016 Q2 | Dec 31, 2015 | 9.42% | 9.21% | — | 9.33% | 6.49% | 1.7 pp |
| FY 2016 Q1 | Sep 30, 2015 | 8.79% | 8.62% | — | 10.01% | 6.76% | 1.1 pp |
| FY 2015 Q4 | Jun 30, 2015 | 8.69% | 8.28% | — | 9.4% | 6.19% | 1 pp |
| FY 2015 Q3 | Mar 31, 2015 | 8% | 7.33% | 1,176.25% | 8.95% | 5.78% | 0.3 pp |
| FY 2015 Q2 | Dec 31, 2014 | 6.84% | 6.22% | 22.86% | 8.13% | 5.14% | -0.9 pp |
| FY 2015 Q1 | Sep 30, 2014 | 6.04% | 5.76% | — | 6.15% | 3.98% | -1.7 pp |
| FY 2014 Q4 | Jun 30, 2014 | 5.97% | 5.45% | -7.59% | 5.86% | 3.97% | -1.7 pp |
| FY 2014 Q3 | Mar 31, 2014 | 5.9% | 5.94% | — | 5.55% | 3.69% | -1.8 pp |
| FY 2014 Q2 | Dec 31, 2013 | 7.07% | 6.91% | — | 6.73% | 4.4% | -0.6 pp |
| FY 2014 Q1 | Sep 30, 2013 | — | — | — | 7.6% | 5.59% | — |
| FY 2013 Q4 | Jun 30, 2013 | 10.16% | 10.27% | -11.31% | 8.29% | 6.47% | 2.5 pp |
| FY 2013 Q3 | Mar 31, 2013 | — | — | — | 9.15% | 7.19% | — |
| FY 2013 Q2 | Dec 31, 2012 | — | — | — | 9.06% | 7% | — |
| FY 2013 Q1 | Sep 30, 2012 | — | — | — | 9.47% | 7.91% | — |
| FY 2012 Q4 | Jun 30, 2012 | 14.7% | 13.83% | — | 10.84% | 8.91% | 7 pp |
| FY 2012 Q3 | Mar 31, 2012 | — | — | — | 12.68% | 10.53% | — |
| FY 2012 Q2 | Dec 31, 2011 | — | — | — | 15.04% | 12.37% | — |
| FY 2012 Q1 | Sep 30, 2011 | — | — | — | 16.88% | 13.78% | — |
| FY 2011 Q4 | Jun 30, 2011 | — | — | — | — | — | — |
| FY 2011 Q3 | Mar 31, 2011 | — | — | — | — | — | — |
| FY 2011 Q2 | Dec 31, 2010 | — | — | — | — | — | — |
| FY 2011 Q1 | Sep 30, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · COHR, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.