GLW Corning Inc

Price (delayed)

$37.60

Market cap

$28.73B

P/E Ratio

150.4

Dividend/share

$0.88

EPS

$0.25

Enterprise value

$34.29B

Sector: Technology
Industry: Electronic Components

Corning Incorporated is an American multinational technology company that specializes in specialty glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. The company ...

Highlights

Corning's EPS has soared by 108% from the previous quarter but it has plunged by 83% YoY
Corning's net income has shrunk by 76% YoY but it has increased by 45% QoQ
The price to earnings (P/E) is 39% higher than the last 4 quarters average of 108.0
GLW's gross profit is down by 28% year-on-year

Key stats

What are the main financial stats of GLW
Market
Shares outstanding
764.01M
Market cap
$28.73B
Enterprise value
$34.29B
Valuations
Price to earnings (P/E)
150.4
Price to book (P/B)
2.26
Price to sales (P/S)
2.66
EV/EBIT
60.05
EV/EBITDA
16.4
EV/Sales
3.18
Earnings
Revenue
$10.77B
EBIT
$571M
EBITDA
$2.09B
Free cash flow
$1.08B
Per share
EPS
$0.25
Free cash flow per share
$1.42
Book value per share
$16.62
Revenue per share
$14.14
TBVPS
$34.8
Balance sheet
Total assets
$30.27B
Total liabilities
$17.41B
Debt
$8.08B
Equity
$12.66B
Working capital
$4.21B
Liquidity
Debt to equity
0.64
Current ratio
2.09
Quick ratio
1.2
Net debt/EBITDA
2.66
Margins
EBITDA margin
19.4%
Gross margin
29.5%
Net margin
2.7%
Operating margin
0.1%
Efficiency
Return on assets
1%
Return on equity
2.3%
Return on invested capital
2.1%
Return on capital employed
2.2%
Return on sales
5.3%
Dividend
Dividend yield
2.34%
DPS
$0.88
Payout ratio
352%

GLW stock price

How has the Corning stock price performed over time
Intraday
-0.9%
1 week
-0.53%
1 month
4.24%
1 year
26.81%
YTD
4.44%
QTD
4.44%

Financial performance

How have Corning's revenue and profit performed over time
Revenue
$10.77B
Gross profit
$3.17B
Operating income
$13M
Net income
$292M
Gross margin
29.5%
Net margin
2.7%
The operating margin has plunged by 99% YoY and by 94% from the previous quarter
GLW's operating income has dropped by 99% year-on-year and by 92% since the previous quarter
Corning's net income has shrunk by 76% YoY but it has increased by 45% QoQ
GLW's net margin has shrunk by 74% YoY but it is up by 42% QoQ

Growth

What is Corning's growth rate over time

Valuation

What is Corning stock price valuation
P/E
150.4
P/B
2.26
P/S
2.66
EV/EBIT
60.05
EV/EBITDA
16.4
EV/Sales
3.18
Corning's EPS has soared by 108% from the previous quarter but it has plunged by 83% YoY
The price to earnings (P/E) is 39% higher than the last 4 quarters average of 108.0
The stock's P/B is 41% above its 5-year quarterly average of 1.6 and 33% above its last 4 quarters average of 1.7
GLW's equity is up by 5% since the previous quarter but it is down by 2.9% year-on-year
The stock's price to sales (P/S) is 40% more than its last 4 quarters average of 1.9 and 16% more than its 5-year quarterly average of 2.3
The revenue has declined by 8% year-on-year

Efficiency

How efficient is Corning business performance
The ROA has plunged by 77% YoY but it has grown by 43% from the previous quarter
The ROE has plunged by 75% YoY but it has increased by 44% from the previous quarter
The company's return on invested capital has shrunk by 69% YoY but it rose by 11% QoQ
Corning's ROS has plunged by 65% YoY but it has increased by 10% from the previous quarter

Dividends

What is GLW's dividend history
DPS
$0.88
Dividend yield
2.34%
Payout ratio
352%
Recent dividends

Financial health

How did Corning financials performed over time
The total assets is 74% greater than the total liabilities
Corning's quick ratio has increased by 45% YoY but it has decreased by 6% from the previous quarter
The total liabilities has grown by 23% YoY and by 13% from the previous quarter
GLW's debt is 36% lower than its equity
GLW's debt is up by 24% YoY and by 3.4% QoQ
GLW's equity is up by 5% since the previous quarter but it is down by 2.9% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.