COHR vs. LBRT
COHR (Coherent Corp.) and LBRT (Liberty Oilfield Services Inc.) are both stocks. COHR operates in Scientific & Technical Instruments (Technology), while LBRT operates in Oil & Gas Equipment & Services (Energy). Over the past 5 years, COHR returned 31.78%/yr vs 10.46%/yr for LBRT. Their 0.26 correlation means their historical movements had little consistent relationship.
Performance
COHR vs. LBRT - Performance Comparison
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Returns By Period
In the year-to-date period, COHR achieves a 47.00% return, which is significantly higher than LBRT's -8.10% return.
COHR
- 1D
- -3.92%
- 1M
- -28.71%
- 6M
- 37.19%
- YTD
- 47.00%
- 1Y
- 170.93%
- 3Y*
- 79.94%
- 5Y*
- 31.78%
- 10Y*
- 29.73%
- ALL TIME*
- 19.36%
LBRT
- 1D
- -2.88%
- 1M
- -37.23%
- 6M
- -19.60%
- YTD
- -8.10%
- 1Y
- 30.71%
- 3Y*
- 3.82%
- 5Y*
- 10.46%
- 10Y*
- —
- ALL TIME*
- -1.58%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
COHR Coherent Corp. | $1.21B | $1.43B | $2.07B |
| $125.17M | $99.25M | $108.84M |
COHR vs. LBRT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
COHR Coherent Corp. | 47.00% | 94.84% | 117.62% | 24.02% | -48.63% | -10.04% | 125.60% | 3.73% | -35.98% |
LBRT Liberty Oilfield Services Inc. | -8.10% | -4.91% | 11.23% | 14.83% | 65.57% | -5.92% | -6.51% | -12.62% | -38.56% |
Correlation
The correlation between COHR and LBRT is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2018 | 0.26 |
Fundamentals
COHR:
$53.08B
LBRT:
$2.75B
COHR:
$1.85K
LBRT:
$0.74
COHR:
0.15
LBRT:
22.90
COHR:
0.03
LBRT:
1.38
COHR:
0.02
LBRT:
0.67
COHR:
$1.81T
LBRT:
$4.20B
COHR:
$1.76B
LBRT:
$540.42M
COHR:
$960.76M
LBRT:
$616.53M
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Return for Risk
COHR vs. LBRT — Risk / Return Rank
COHR
LBRT
COHR vs. LBRT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coherent Corp. (COHR) and Liberty Oilfield Services Inc. (LBRT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| COHR | LBRT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.70 | ||
| Sortino ratioReturn per unit of downside risk | +1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.15 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 4.72 | 0.62 | +4.10 |
| Martin ratioReturn relative to average drawdown | 13.92 | 2.36 | +11.56 |
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Drawdowns
COHR vs. LBRT - Drawdown Comparison
The maximum COHR drawdown since its inception was -80.89%, smaller than the maximum LBRT drawdown of -90.02%. Use the drawdown chart below to compare losses from any high point for COHR and LBRT.
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Drawdown Indicators
| COHR | LBRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.89% | -90.02% | +9.13% |
Max Drawdown (1Y)Largest decline over 1 year | -36.44% | -50.17% | +13.73% |
Max Drawdown (3Y)Largest decline over 3 years | -54.85% | -58.84% | +3.99% |
Max Drawdown (5Y)Largest decline over 5 years | -62.87% | -58.84% | -4.03% |
Max Drawdown (10Y)Largest decline over 10 years | -72.22% | — | — |
Current DrawdownCurrent decline from peak | -36.44% | -50.17% | +13.73% |
Average DrawdownAverage peak-to-trough decline | -34.97% | -35.46% | +0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.33% | 13.15% | -0.82% |
Volatility
COHR vs. LBRT - Volatility Comparison
The current volatility for Coherent Corp. (COHR) is 23.58%, while Liberty Oilfield Services Inc. (LBRT) has a volatility of 29.38%. This indicates that COHR experiences smaller price fluctuations and is considered to be less risky than LBRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COHR | LBRT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.58% | 29.38% | -5.80% |
Volatility (6M)Calculated over the trailing 6-month period | 61.85% | 46.90% | +14.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 79.07% | 64.26% | +14.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.94% | 55.50% | +7.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.32% | 65.09% | -7.77% |
Dividends
COHR vs. LBRT - Dividend Comparison
COHR has not paid dividends to shareholders, while LBRT's dividend yield for the trailing twelve months is around 2.08%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
COHR Coherent Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LBRT Liberty Oilfield Services Inc. | 2.08% | 1.79% | 1.46% | 1.21% | 0.31% | 0.00% | 0.48% | 1.80% | 0.77% |
Financials
COHR vs. LBRT - Financials Comparison
This section allows you to compare key financial metrics between Coherent Corp. and Liberty Oilfield Services Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
COHR vs. LBRT - Profitability Comparison
COHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Coherent Corp. reported a gross profit of 0.00 and revenue of 1.81T. Therefore, the gross margin over that period was 0.0%.
LBRT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Liberty Oilfield Services Inc. reported a gross profit of 208.34M and revenue of 1.19B. Therefore, the gross margin over that period was 17.5%.
COHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Coherent Corp. reported an operating income of 0.00 and revenue of 1.81T, resulting in an operating margin of 0.0%.
LBRT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Liberty Oilfield Services Inc. reported an operating income of 12.72M and revenue of 1.19B, resulting in an operating margin of 1.1%.
COHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Coherent Corp. reported a net income of 191.40B and revenue of 1.81T, resulting in a net margin of 10.6%.
LBRT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Liberty Oilfield Services Inc. reported a net income of 43.12M and revenue of 1.19B, resulting in a net margin of 3.6%.
Frequently Asked Questions
COHR and LBRT have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LBRT has higher volatility (29.38%) compared to COHR (23.58%). In terms of maximum drawdown, COHR dropped -80.89% vs LBRT's -90.02%.
COHR currently has the higher Sharpe Ratio (2.18 vs 0.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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