GLW Corning Inc

  1. Stocks
  2. Technology
  3. NYSE: GLW

Price (delayed)

$31.53

Market cap

$26.8B

P/E Ratio

28.93

Dividend/share

$1.09

EPS

$1.09

Enterprise value

$32.51B

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 46% higher than the last 4 quarters average of 19.8 but 36% lower than the 5-year quarterly average of 45.1
Corning's net income has shrunk by 52% YoY and by 31% QoQ
Corning's EPS has decreased by 30% from the previous quarter and by 16% YoY
Sector: Technology
Industry: Electronic Components
Website: https://www.corning.com/
Peers: PPG TEL CLFD MMM

Key stats

What are the main financial stats of GLW
Market
Shares outstanding
850.13M
Market cap
$26.8B
Enterprise value
$32.51B
Valuations
Price to earnings (P/E)
28.93
Price to book (P/B)
2.24
Price to sales (P/S)
1.95
EV/EBIT
22.03
EV/EBITDA
11.23
EV/Sales
2.38
Earnings
Revenue
$13.69B
EBIT
$1.48B
EBITDA
$2.9B
Free cash flow
$496M
Per share
EPS
$1.09
Free cash flow per share
$0.59
Book value per share
$14.09
Revenue per share
$16.17
TBVPS
$30.03
Balance sheet
Total assets
$28.82B
Total liabilities
$16.62B
Debt
$6.85B
Equity
$11.93B
Working capital
$2.1B
Liquidity
Debt to equity
0.57
Current ratio
1.44
Quick ratio
0.59
Net debt/EBITDA
1.97
Margins
EBITDA margin
21.2%
Gross margin
30.9%
Net margin
6.7%
Operating margin
10.6%
Efficiency
Return on assets
3.1%
Return on equity
7.8%
Return on invested capital
5.7%
Return on capital employed
6.1%
Return on sales
10.8%
Dividend
Dividend yield
3.46%
DPS
$1.09
Payout ratio
100%

GLW stock price

How has the Corning stock price performed over time
Intraday
1.58%
1 week
0.67%
1 month
-2.2%
1 year
-10.48%
YTD
-1.28%
QTD
-10.63%

Financial performance

How have Corning's revenue and profit performed over time
Revenue
$13.69B
Gross profit
$4.23B
Operating income
$1.45B
Net income
$911M
Gross margin
30.9%
Net margin
6.7%
Corning's net income has shrunk by 52% YoY and by 31% QoQ
GLW's net margin is down by 48% YoY and by 28% QoQ
GLW's operating income is down by 40% year-on-year and by 16% since the previous quarter
The operating margin has contracted by 37% YoY and by 12% from the previous quarter

Growth

What is Corning's growth rate over time

Valuation

What is Corning stock price valuation
GLW P/E details
P/E
28.93
P/B
2.24
P/S
1.95
EV/EBIT
22.03
EV/EBITDA
11.23
EV/Sales
2.38
The price to earnings (P/E) is 46% higher than the last 4 quarters average of 19.8 but 36% lower than the 5-year quarterly average of 45.1
Corning's EPS has decreased by 30% from the previous quarter and by 16% YoY
The stock's P/B is 7% above its 5-year quarterly average of 2.1 but 2.6% below its last 4 quarters average of 2.3
GLW's equity is down by 3.8% year-on-year
The stock's price to sales (P/S) is 7% less than its 5-year quarterly average of 2.1 but 2.6% more than its last 4 quarters average of 1.9
The revenue has declined by 5% year-on-year and by 3.5% since the previous quarter

Efficiency

How efficient is Corning business performance
The company's return on invested capital fell by 42% YoY and by 27% QoQ
Corning's ROS has decreased by 41% YoY and by 24% from the previous quarter
The ROA has contracted by 31% from the previous quarter and by 14% YoY
The ROE has decreased by 30% from the previous quarter and by 12% YoY

Dividends

What is GLW's dividend history
Dividend details
DPS
$1.09
Dividend yield
3.46%
Payout ratio
100%
Recent dividends

Financial health

How did Corning financials performed over time
The total assets is 73% greater than the total liabilities
Corning's quick ratio has decreased by 24% YoY and by 11% from the previous quarter
GLW's current ratio is down by 7% YoY
GLW's debt is 43% lower than its equity
GLW's equity is down by 3.8% year-on-year

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