GLW Corning Inc

  1. Stocks
  2. Technology
  3. NYSE: GLW

Price (delayed)

$42.85

Market cap

$36.71B

P/E Ratio

58.7

Dividend/share

$1.12

EPS

$0.73

Enterprise value

$42.71B

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 gross margin has increased by 2.6% YoY
Corning's EPS has decreased by 33% YoY but it has increased by 6% from the previous quarter
Corning's net income has decreased by 33% YoY but it has increased by 6% QoQ
The price to earnings (P/E) is 30% higher than the last 4 quarters average of 45.0 and 19% higher than the 5-year quarterly average of 49.2
The revenue has declined by 10% year-on-year
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
856.62M
Market cap
$36.71B
Enterprise value
$42.71B
Valuations
Price to earnings (P/E)
58.7
Price to book (P/B)
3.26
Price to sales (P/S)
2.95
EV/EBIT
37.07
EV/EBITDA
16.97
EV/Sales
3.45
Earnings
Revenue
$12.39B
EBIT
$1.15B
EBITDA
$2.52B
Free cash flow
$890M
Per share
EPS
$0.73
Free cash flow per share
$1.04
Book value per share
$13.15
Revenue per share
$14.51
TBVPS
$28.56
Balance sheet
Total assets
$27.62B
Total liabilities
$16.06B
Debt
$7.37B
Equity
$11.23B
Working capital
$2.8B
Liquidity
Debt to equity
0.66
Current ratio
1.67
Quick ratio
0.72
Net debt/EBITDA
2.38
Margins
EBITDA margin
20.3%
Gross margin
31.7%
Net margin
5%
Operating margin
6.8%
Efficiency
Return on assets
2.2%
Return on equity
5.4%
Return on invested capital
4.3%
Return on capital employed
4.9%
Return on sales
9.3%
Dividend
Dividend yield
2.61%
DPS
$1.12
Payout ratio
153.4%

GLW stock price

How has the Corning stock price performed over time
Intraday
0.09%
1 week
-3.29%
1 month
11.94%
1 year
24.56%
YTD
40.72%
QTD
10.3%

Financial performance

How have Corning's revenue and profit performed over time
Revenue
$12.39B
Gross profit
$3.92B
Operating income
$847M
Net income
$614M
Gross margin
31.7%
Net margin
5%
Corning's net income has decreased by 33% YoY but it has increased by 6% QoQ
GLW's operating income is down by 27% year-on-year and by 4.8% since the previous quarter
GLW's net margin is down by 25% YoY but it is up by 9% QoQ
The operating margin has contracted by 20% YoY and by 4.2% 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
58.7
P/B
3.26
P/S
2.95
EV/EBIT
37.07
EV/EBITDA
16.97
EV/Sales
3.45
Corning's EPS has decreased by 33% YoY but it has increased by 6% from the previous quarter
The price to earnings (P/E) is 30% higher than the last 4 quarters average of 45.0 and 19% higher than the 5-year quarterly average of 49.2
The stock's P/B is 48% above its 5-year quarterly average of 2.2 and 35% above its last 4 quarters average of 2.4
GLW's equity is down by 6% year-on-year and by 2.8% since the previous quarter
The stock's price to sales (P/S) is 40% more than its 5-year quarterly average of 2.1 and 40% more than its last 4 quarters average of 2.1
The revenue has declined by 10% year-on-year

Efficiency

How efficient is Corning business performance
The ROE has decreased by 31% YoY but it has increased by 8% from the previous quarter
The ROA has contracted by 29% YoY but it has grown by 10% from the previous quarter
The company's return on invested capital fell by 25% YoY but it rose by 8% QoQ
Corning's ROS has decreased by 14% YoY but it has increased by 8% from the previous quarter

Dividends

What is GLW's dividend history
Dividend details
DPS
$1.12
Dividend yield
2.61%
Payout ratio
153.4%
Recent dividends

Financial health

How did Corning financials performed over time
The total assets is 72% greater than the total liabilities
Corning's quick ratio has increased by 22% YoY but it has decreased by 8% from the previous quarter
GLW's current ratio is up by 16% YoY
GLW's debt is 34% lower than its equity
GLW's debt to equity is up by 16% year-on-year
GLW's debt is up by 8% YoY but it is down by 2.1% QoQ

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