GLW Corning Inc

Price (delayed)

$37.54

Market cap

$31.73B

P/E Ratio

15.77

Dividend/share

$1.02

EPS

$2.38

Enterprise value

$36.9B

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 107% YoY and by 84% from the previous quarter
The price to earnings (P/E) is 67% lower than the 5-year quarterly average of 47.4 and 40% lower than the last 4 quarters average of 26.2
Corning's quick ratio has decreased by 35% YoY and by 21% from the previous quarter
GLW's equity is down by 5% since the previous quarter

Key stats

What are the main financial stats of GLW
Market
Shares outstanding
845.32M
Market cap
$31.73B
Enterprise value
$36.9B
Valuations
Price to earnings (P/E)
15.77
Price to book (P/B)
2.7
Price to sales (P/S)
2.17
EV/EBIT
13.02
EV/EBITDA
8.52
EV/Sales
2.53
Earnings
Revenue
$14.59B
EBIT
$2.83B
EBITDA
$4.33B
Free cash flow
$1.45B
Per share
EPS
$2.38
Free cash flow per share
$1.72
Book value per share
$13.89
Revenue per share
$17.27
TBVPS
$31.07
Balance sheet
Total assets
$29.72B
Total liabilities
$17.74B
Debt
$6.8B
Equity
$11.73B
Working capital
$2.35B
Liquidity
Debt to equity
0.58
Current ratio
1.43
Quick ratio
0.62
Net debt/EBITDA
1.19
Margins
EBITDA margin
29.7%
Gross margin
35.1%
Net margin
13.7%
Operating margin
14.8%
Efficiency
Return on assets
6.7%
Return on equity
16.5%
Return on invested capital
10.7%
Return on capital employed
11.7%
Return on sales
19.4%
Dividend
Dividend yield
2.72%
DPS
$1.02
Payout ratio
42.9%

GLW stock price

How has the Corning stock price performed over time
Intraday
1.08%
1 week
4.86%
1 month
16.01%
1 year
-6.99%
YTD
0.83%
QTD
19.14%

Financial performance

How have Corning's revenue and profit performed over time
Revenue
$14.59B
Gross profit
$5.12B
Operating income
$2.16B
Net income
$2B
Gross margin
35.1%
Net margin
13.7%
GLW's operating income is up by 23% year-on-year but it is down by 3.8% since the previous quarter
Corning's net income has increased by 16% YoY and by 6% QoQ
The revenue has increased by 11% year-on-year
The operating margin has grown by 10% YoY but it has contracted by 4.5% from the previous quarter

Growth

What is Corning's growth rate over time

Valuation

What is Corning stock price valuation
P/E
15.77
P/B
2.7
P/S
2.17
EV/EBIT
13.02
EV/EBITDA
8.52
EV/Sales
2.53
Corning's EPS has soared by 107% YoY and by 84% from the previous quarter
The price to earnings (P/E) is 67% lower than the 5-year quarterly average of 47.4 and 40% lower than the last 4 quarters average of 26.2
The stock's P/B is 35% above its 5-year quarterly average of 2.0 and 8% above its last 4 quarters average of 2.5
GLW's equity is down by 5% since the previous quarter
The revenue has increased by 11% year-on-year
The stock's price to sales (P/S) is 3.3% more than its last 4 quarters average of 2.1

Efficiency

How efficient is Corning business performance
The ROE has soared by 136% YoY and by 85% from the previous quarter
The ROA has soared by 123% YoY and by 86% from the previous quarter
The company's return on invested capital rose by 23% YoY and by 8% QoQ
Corning's ROS has increased by 7% from the previous quarter and by 5% YoY

Dividends

What is GLW's dividend history
DPS
$1.02
Dividend yield
2.72%
Payout ratio
42.9%
Recent dividends

Financial health

How did Corning financials performed over time
The total assets is 68% greater than the total liabilities
Corning's quick ratio has decreased by 35% YoY and by 21% from the previous quarter
GLW's current ratio is down by 13% YoY and by 8% QoQ
GLW's debt is 42% lower than its equity
GLW's debt is down by 8% YoY and by 2.3% QoQ
GLW's debt to equity is down by 6% year-on-year but it is up by 3.6% since the previous quarter

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