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GLW Corning Inc

Price (delayed)

$47.6

Market cap

$40.77B

P/E Ratio

91.54

Dividend/share

$1.12

EPS

$0.52

Enterprise value

$46.65B

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 40% higher than the 5-year quarterly average of 65.5 but 24% 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
Shares outstanding
856.47M
Market cap
$40.77B
Enterprise value
$46.65B
Valuations
Price to earnings (P/E)
91.54
Price to book (P/B)
3.8
Price to sales (P/S)
3
EV/EBIT
47.26
EV/EBITDA
20.11
EV/Sales
3.43
Earnings
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
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
Balance sheet
Total assets
$27.39B
Total liabilities
$16.27B
Debt
$7.24B
Equity
$10.72B
Working capital
$3.12B
Liquidity
Debt to equity
0.68
Current ratio
1.69
Quick ratio
0.75
Net debt/EBITDA
2.53
Margins
EBITDA margin
17.1%
Gross margin
33.1%
Net margin
3.3%
Operating margin
8.6%
Efficiency
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
Dividend yield
2.35%
DPS
$1.12
Payout ratio
215.4%

GLW stock price

How has the Corning stock price performed over time
Intraday
1.26%
1 week
5.66%
1 month
13.93%
1 year
35.57%
YTD
0.17%
QTD
3.98%

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 financials
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
Price vs fundamentals
Earnings waterfall
Price vs fair value

Growth

What is Corning's growth rate over time
GLW growth chart

Valuation

What is Corning stock price valuation
P/E
91.54
P/B
3.8
P/S
3
EV/EBIT
47.26
EV/EBITDA
20.11
EV/Sales
3.43
Valuation vs average
Price to earnings (P/E)
The price to earnings (P/E) is 40% higher than the 5-year quarterly average of 65.5 but 24% 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
Price to book (P/B)
The stock's P/B is 46% above its 5-year quarterly average of 2.6 and 9% above its last 4 quarters average of 3.5
GLW's equity is down by 4.5% year-on-year
Price to sales (P/S)
The stock's price to sales (P/S) is 30% more than its 5-year quarterly average of 2.3 and 3.4% more 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
2.35%
Payout ratio
215.4%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Corning financials performed over time
Assets vs liabilities
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
Debt vs equity
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
Balance sheet

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