Coherent Inc (COHR) — Capital Reinvestment Ratio
Latest as of March 2026:
54.95x
Coherent Inc (COHR) has a Capital Reinvestment Ratio of 54.95x as of March 2026, meaning it reinvests 55% of its operating cash flow ($9.95 Billion) in capital expenditures ($546.97 Billion). Check tangible equity quality of Coherent Inc to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
54.95x
Capex / Operating Cash Flow
Operating Cash Flow
$9.95 Billion
USD
Capital Expenditures
$546.97 Billion
USD
Data as of
Mar 2026
Most recent filing
Coherent Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Coherent Inc's Capital Reinvestment Ratio across 72 annual periods. For the full cash flow conversion analysis, see COHR cash generation efficiency.
Annual Capital Reinvestment Ratio for Coherent Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Coherent Inc from 1989 to 2025. See COHR free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.70x | $633.60 Million | $440.84 Million | ▲ +9.5% |
| 2024 | 0.64x | $545.73 Million | $346.82 Million | ▼ -7.6% |
| 2023 | 0.69x | $634.02 Million | $436.06 Million | ▲ +0.0% |
| 2023 | 0.69x | $634.02 Million | $436.06 Million | ▼ -9.6% |
| 2022 | 0.76x | $413.33 Million | $314.33 Million | ▲ +0.0% |
| 2022 | 0.76x | $413.33 Million | $314.33 Million | ▲ +198.5% |
| 2021 | 0.25x | $574.35 Million | $146.34 Million | ▲ +0.0% |
| 2021 | 0.25x | $574.35 Million | $146.34 Million | ▼ -46.1% |
| 2020 | 0.47x | $297.29 Million | $140.63 Million | ▲ +2.7% |
| 2020 | 0.46x | $297.29 Million | $136.88 Million | ▼ -40.1% |
| 2019 | 0.77x | $178.47 Million | $137.12 Million | ▲ +0.0% |
| 2019 | 0.77x | $178.47 Million | $137.12 Million | ▼ -19.4% |
| 2018 | 0.95x | $161.01 Million | $153.44 Million | ▲ +0.0% |
| 2018 | 0.95x | $161.01 Million | $153.44 Million | ▼ -18.4% |
| 2017 | 1.17x | $118.62 Million | $138.52 Million | ▲ +0.0% |
| 2017 | 1.17x | $118.62 Million | $138.52 Million | ▲ +146.9% |
| 2016 | 0.47x | $122.97 Million | $58.17 Million | ▲ +0.0% |
| 2016 | 0.47x | $122.97 Million | $58.17 Million | ▲ +17.0% |
| 2015 | 0.40x | $129.37 Million | $52.31 Million | ▲ +0.0% |
| 2015 | 0.40x | $129.37 Million | $52.31 Million | ▲ +32.1% |
| 2014 | 0.31x | $95.46 Million | $29.22 Million | ▲ +0.0% |
| 2014 | 0.31x | $95.46 Million | $29.22 Million | ▲ +30.3% |
| 2013 | 0.23x | $107.61 Million | $25.27 Million | ▲ +0.3% |
| 2013 | 0.23x | $107.61 Million | $25.20 Million | ▼ -51.8% |
| 2012 | 0.49x | $88.07 Million | $42.84 Million | ▲ +0.1% |
| 2012 | 0.49x | $88.07 Million | $42.80 Million | ▼ -12.6% |
| 2011 | 0.56x | $73.49 Million | $40.86 Million | ▲ +0.0% |
| 2011 | 0.56x | $73.49 Million | $40.86 Million | ▲ +191.0% |
| 2010 | 0.19x | $72.42 Million | $13.84 Million | ▲ +0.0% |
| 2010 | 0.19x | $72.42 Million | $13.84 Million | ▼ -39.9% |
| 2009 | 0.32x | $48.91 Million | $15.56 Million | ▲ +0.0% |
| 2009 | 0.32x | $48.91 Million | $15.56 Million | ▼ -18.2% |
| 2008 | 0.39x | $45.92 Million | $17.86 Million | ▲ +0.0% |
| 2008 | 0.39x | $45.92 Million | $17.86 Million | ▼ -14.6% |
| 2007 | 0.46x | $44.35 Million | $20.18 Million | ▲ +0.0% |
| 2007 | 0.46x | $44.35 Million | $20.18 Million | ▲ +18.8% |
| 2006 | 0.38x | $40.79 Million | $15.62 Million | ▲ +0.0% |
| 2006 | 0.38x | $40.79 Million | $15.62 Million | ▼ -59.6% |
| 2005 | 0.95x | $18.61 Million | $17.66 Million | ▲ +0.0% |
| 2005 | 0.95x | $18.61 Million | $17.66 Million | ▲ +126.6% |
| 2004 | 0.42x | $30.40 Million | $12.73 Million | ▲ +0.0% |
| 2004 | 0.42x | $30.40 Million | $12.73 Million | ▲ +53.0% |
| 2003 | 0.27x | $25.64 Million | $7.02 Million | ▲ +0.0% |
| 2003 | 0.27x | $25.64 Million | $7.02 Million | ▼ -49.0% |
| 2002 | 0.54x | $16.14 Million | $8.66 Million | ▲ +0.0% |
| 2002 | 0.54x | $16.14 Million | $8.66 Million | ▼ -81.3% |
| 2001 | 2.87x | $15.50 Million | $44.42 Million | ▲ +0.0% |
| 2001 | 2.87x | $15.50 Million | $44.42 Million | ▲ +304.6% |
| 2000 | 0.71x | $12.54 Million | $8.88 Million | ▲ +0.0% |
| 2000 | 0.71x | $12.54 Million | $8.88 Million | ▲ +28.5% |
| 1999 | 0.55x | $9.80 Million | $5.40 Million | ▲ +0.0% |
| 1999 | 0.55x | $9.80 Million | $5.40 Million | ▼ -81.5% |
| 1998 | 2.97x | $6.90 Million | $20.50 Million | ▲ +0.0% |
| 1998 | 2.97x | $6.90 Million | $20.50 Million | ▲ +237.3% |
| 1997 | 0.88x | $8.40 Million | $7.40 Million | ▲ +0.0% |
| 1997 | 0.88x | $8.40 Million | $7.40 Million | ▼ -46.6% |
| 1996 | 1.65x | $3.70 Million | $6.10 Million | ▲ +0.0% |
| 1996 | 1.65x | $3.70 Million | $6.10 Million | ▲ +270.9% |
| 1995 | 0.44x | $5.40 Million | $2.40 Million | ▲ +0.0% |
| 1995 | 0.44x | $5.40 Million | $2.40 Million | ▼ -40.7% |
| 1994 | 0.75x | $2.40 Million | $1.80 Million | ▲ +0.0% |
| 1994 | 0.75x | $2.40 Million | $1.80 Million | ▼ -68.4% |
| 1993 | 2.38x | $800.00K | $1.90 Million | ▲ +0.0% |
| 1993 | 2.38x | $800.00K | $1.90 Million | ▲ +418.2% |
| 1992 | 0.46x | $2.40 Million | $1.10 Million | ▲ +0.0% |
| 1992 | 0.46x | $2.40 Million | $1.10 Million | ▼ -14.1% |
| 1991 | 0.53x | $1.50 Million | $800.00K | ▲ +0.0% |
| 1991 | 0.53x | $1.50 Million | $800.00K | ▼ -87.2% |
| 1990 | 4.17x | $600.00K | $2.50 Million | ▲ +0.0% |
| 1990 | 4.17x | $600.00K | $2.50 Million | ▲ +204.1% |
| 1989 | 1.37x | $2.70 Million | $3.70 Million | ▲ +0.0% |
| 1989 | 1.37x | $2.70 Million | $3.70 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow