GLW Corning Inc

Price (delayed)

$38.395

Market cap

$32.79B

P/E Ratio

33.39

Dividend/share

$0.94

EPS

$1.15

Enterprise value

$37.85B

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
The price to earnings (P/E) is 48% lower than the last 4 quarters average of 65.5 and 22% lower than the 5-year quarterly average of 43.2
GLW's gross profit is up by 47% year-on-year and by 14% since the previous quarter
Corning's quick ratio has decreased by 30% from the previous quarter and by 26% YoY
Corning's EPS has decreased by 20% from the previous quarter

Key stats

What are the main financial stats of GLW
Market
Shares outstanding
854.03M
Market cap
$32.79B
Enterprise value
$37.85B
Valuations
Price to earnings (P/E)
33.39
Price to book (P/B)
2.73
Price to sales (P/S)
2.49
EV/EBIT
15.63
EV/EBITDA
9.61
EV/Sales
2.88
Earnings
Revenue
$13.14B
EBIT
$2.42B
EBITDA
$3.94B
Free cash flow
$1.75B
Per share
EPS
$1.15
Free cash flow per share
$2.05
Book value per share
$14.05
Revenue per share
$15.44
TBVPS
$30.71
Balance sheet
Total assets
$29.81B
Total liabilities
$17.66B
Debt
$7.38B
Equity
$11.96B
Working capital
$3.02B
Liquidity
Debt to equity
0.62
Current ratio
1.65
Quick ratio
0.95
Net debt/EBITDA
1.28
Margins
EBITDA margin
30%
Gross margin
35.6%
Net margin
13.1%
Operating margin
14.3%
Efficiency
Return on assets
5.7%
Return on equity
13.5%
Return on invested capital
8.7%
Return on capital employed
9.6%
Return on sales
18.4%
Dividend
Dividend yield
2.45%
DPS
$0.94
Payout ratio
81.7%

GLW stock price

How has the Corning stock price performed over time
Intraday
-1.15%
1 week
-1.12%
1 month
-4.89%
1 year
16.99%
YTD
6.65%
QTD
-6.12%

Financial performance

How have Corning's revenue and profit performed over time
Revenue
$13.14B
Gross profit
$4.69B
Operating income
$1.88B
Net income
$1.73B
Gross margin
35.6%
Net margin
13.1%
GLW's operating income has surged by 57% since the previous quarter
GLW's gross profit is up by 47% year-on-year and by 14% since the previous quarter
The operating margin has grown by 46% from the previous quarter
Corning's net income has increased by 43% QoQ

Growth

What is Corning's growth rate over time

Valuation

What is Corning stock price valuation
P/E
33.39
P/B
2.73
P/S
2.49
EV/EBIT
15.63
EV/EBITDA
9.61
EV/Sales
2.88
The price to earnings (P/E) is 48% lower than the last 4 quarters average of 65.5 and 22% lower than the 5-year quarterly average of 43.2
Corning's EPS has decreased by 20% from the previous quarter
The stock's P/B is 53% above its 5-year quarterly average of 1.8 and 15% above its last 4 quarters average of 2.4
GLW's equity is down by 11% since the previous quarter
The revenue has increased by 23% year-on-year and by 8% since the previous quarter
The stock's price to sales (P/S) is 10% more than its 5-year quarterly average of 2.3

Efficiency

How efficient is Corning business performance
The ROE has increased by 47% from the previous quarter
The ROA has grown by 43% from the previous quarter
The company's return on invested capital rose by 32% QoQ
Corning's ROS has increased by 22% from the previous quarter

Dividends

What is GLW's dividend history
DPS
$0.94
Dividend yield
2.45%
Payout ratio
81.7%
Recent dividends

Financial health

How did Corning financials performed over time
The total assets is 69% greater than the total liabilities
Corning's quick ratio has decreased by 30% from the previous quarter and by 26% YoY
GLW's current ratio is down by 29% QoQ and by 27% YoY
GLW's debt is 38% lower than its equity
GLW's equity is down by 11% since the previous quarter
GLW's debt to equity is up by 7% since the previous quarter but it is down by 4.6% year-on-year

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