FALC stock was delisted from OTC on
Jul 6, 2023. You can explore more stocks from
Technology sector on this page.
GLW Corning Inc
- Stocks
- Technology
- NYSE: GLW
Price (delayed)
$45.05
Market cap
$38.58B
P/E Ratio
86.63
Dividend/share
$1.12
EPS
$0.52
Enterprise value
$44.46B
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
GLW's gross profit is up by 15% year-on-year and by 5% since the previous quarter
The revenue has increased by 10% year-on-year and by 3.6% since the previous quarter
The price to earnings (P/E) is 32% higher than the 5-year quarterly average of 65.5 but 28% lower than the last 4 quarters average of 120.2
Corning's quick ratio has increased by 4.2% YoY but it has decreased by 3.8% from the previous quarter
Corning's EPS has decreased by 29% YoY and by 12% from the previous quarter
Corning's net income has decreased by 26% YoY and by 10% QoQ
Key stats
What are the main financial stats of GLW
Market
Valuations
Earnings
Shares outstanding
856.47M
Market cap
$38.58B
Enterprise value
$44.46B
Price to earnings (P/E)
86.63
Price to book (P/B)
3.6
Price to sales (P/S)
2.84
EV/EBIT
45.05
EV/EBITDA
19.17
EV/Sales
3.27
Revenue
$13.6B
Gross profit
$4.5B
Operating income
$1.17B
Net income
$454M
EBIT
$987M
EBITDA
$2.32B
Free cash flow
$1.15B
Per share
Balance sheet
Liquidity
EPS
$0.52
EPS diluted
$0.51
Free cash flow per share
$1.35
Book value per share
$12.51
Revenue per share
$15.87
TBVPS
$28.36
Total assets
$27.39B
Total liabilities
$16.27B
Debt
$7.24B
Equity
$10.72B
Working capital
$3.12B
Debt to equity
0.68
Current ratio
1.69
Quick ratio
0.75
Net debt/EBITDA
2.53
Margins
Efficiency
Dividend
EBITDA margin
17.1%
Gross margin
33.1%
Net margin
3.3%
Operating margin
8.6%
Return on assets
1.6%
Return on equity
4.2%
Return on invested capital
3.9%
Return on capital employed
4.3%
Return on sales
7.3%
Dividend yield
2.49%
DPS
$1.12
Payout ratio
215.4%
GLW stock price
How has the Corning stock price performed over time
Intraday
0.45%
1 week
0.6%
1 month
14.98%
1 year
32.77%
YTD
-5.2%
QTD
-1.59%
Financial performance
How have Corning's revenue and profit performed over time
Revenue
$13.6B
Gross profit
$4.5B
Operating income
$1.17B
Net income
$454M
Gross margin
33.1%
Net margin
3.3%
GLW's net margin is down by 34% YoY and by 15% QoQ
Corning's net income has decreased by 26% YoY and by 10% QoQ
GLW's operating income is up by 20% year-on-year and by 16% since the previous quarter
GLW's gross profit is up by 15% year-on-year and by 5% since the previous quarter
Price vs fundamentals
How does GLW's price correlate with its fundamentals
Growth
What is Corning's growth rate over time
Valuation
What is Corning stock price valuation
P/E
86.63
P/B
3.6
P/S
2.84
EV/EBIT
45.05
EV/EBITDA
19.17
EV/Sales
3.27
The price to earnings (P/E) is 32% higher than the 5-year quarterly average of 65.5 but 28% lower than the last 4 quarters average of 120.2
Corning's EPS has decreased by 29% YoY and by 12% from the previous quarter
The stock's P/B is 38% above its 5-year quarterly average of 2.6 and 2.9% above its last 4 quarters average of 3.5
GLW's equity is down by 4.5% year-on-year
The stock's price to sales (P/S) is 23% more than its 5-year quarterly average of 2.3 but 2.1% less than its last 4 quarters average of 2.9
The revenue has increased by 10% year-on-year and by 3.6% since the previous quarter
Efficiency
How efficient is Corning business performance
The ROA has contracted by 27% YoY and by 11% from the previous quarter
The ROE has decreased by 22% YoY and by 9% from the previous quarter
Corning's ROS has decreased by 22% YoY and by 10% from the previous quarter
The company's return on invested capital fell by 9% YoY and by 4.9% QoQ
Dividends
What is GLW's dividend history
DPS
$1.12
Dividend yield
2.49%
Payout ratio
215.4%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Corning financials performed over time
The total assets is 68% greater than the total liabilities
Corning's quick ratio has increased by 4.2% YoY but it has decreased by 3.8% from the previous quarter
GLW's current ratio is up by 4.3% QoQ
GLW's debt is 32% lower than its equity
GLW's equity is down by 4.5% year-on-year
GLW's debt to equity is up by 3% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.