GLW Corning Inc

  1. Stocks
  2. Technology
  3. NYSE: GLW

Price (delayed)

$31.53

Market cap

$26.91B

P/E Ratio

45.7

Dividend/share

$1.12

EPS

$0.69

Enterprise value

$32.66B

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 quick ratio has increased by 18% YoY
Corning's gross margin has increased by 3% from the previous quarter
The price to earnings (P/E) is 9% higher than the last 4 quarters average of 41.8 but 4.4% lower than the 5-year quarterly average of 47.8
Corning's net income has shrunk by 56% YoY
Corning's EPS has plunged by 56% 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
853.47M
Market cap
$26.91B
Enterprise value
$32.66B
Valuations
Price to earnings (P/E)
45.7
Price to book (P/B)
2.33
Price to sales (P/S)
2.14
EV/EBIT
30.29
EV/EBITDA
13.35
EV/Sales
2.59
Earnings
Revenue
$12.59B
EBIT
$1.08B
EBITDA
$2.45B
Free cash flow
$682M
Per share
EPS
$0.69
Free cash flow per share
$0.8
Book value per share
$13.54
Revenue per share
$14.75
TBVPS
$29.55
Balance sheet
Total assets
$28.5B
Total liabilities
$16.63B
Debt
$7.53B
Equity
$11.55B
Working capital
$2.89B
Liquidity
Debt to equity
0.65
Current ratio
1.67
Quick ratio
0.78
Net debt/EBITDA
2.35
Margins
EBITDA margin
19.4%
Gross margin
31.2%
Net margin
4.6%
Operating margin
7.1%
Efficiency
Return on assets
2%
Return on equity
5%
Return on invested capital
4%
Return on capital employed
4.5%
Return on sales
8.6%
Dividend
Dividend yield
3.55%
DPS
$1.12
Payout ratio
162.3%

GLW stock price

How has the Corning stock price performed over time
Intraday
-0.06%
1 week
1.97%
1 month
-3.19%
1 year
-6.16%
YTD
3.55%
QTD
-4.34%

Financial performance

How have Corning's revenue and profit performed over time
Revenue
$12.59B
Gross profit
$3.93B
Operating income
$890M
Net income
$581M
Gross margin
31.2%
Net margin
4.6%
Corning's net income has shrunk by 56% YoY
GLW's net margin has shrunk by 51% YoY but it is up by 2.2% QoQ
GLW's operating income is down by 38% year-on-year
The operating margin has contracted by 30% YoY but it has grown by 2.9% 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
45.7
P/B
2.33
P/S
2.14
EV/EBIT
30.29
EV/EBITDA
13.35
EV/Sales
2.59
Corning's EPS has plunged by 56% YoY
The price to earnings (P/E) is 9% higher than the last 4 quarters average of 41.8 but 4.4% lower than the 5-year quarterly average of 47.8
The stock's P/B is 6% above its 5-year quarterly average of 2.2 but 2.9% below its last 4 quarters average of 2.4
GLW's equity is down by 3.8% year-on-year
The revenue has declined by 11% year-on-year and by 3.2% since the previous quarter

Efficiency

How efficient is Corning business performance
The ROA has plunged by 56% YoY
The ROE has plunged by 55% YoY
The company's return on invested capital fell by 49% YoY and by 4.8% QoQ
Corning's ROS has decreased by 39% YoY

Dividends

What is GLW's dividend history
Dividend details
DPS
$1.12
Dividend yield
3.55%
Payout ratio
162.3%
Recent dividends

Financial health

How did Corning financials performed over time
The total assets is 71% greater than the total liabilities
Corning's quick ratio has increased by 18% YoY
GLW's current ratio is up by 16% YoY
GLW's debt is 35% lower than its equity
GLW's debt to equity is up by 12% year-on-year
GLW's debt is up by 9% YoY

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