GLW Corning Inc

Price (delayed)

$35.96

Market cap

$30.69B

P/E Ratio

33.92

Dividend/share

$0.96

EPS

$1.06

Enterprise value

$35.55B

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 has surged by 58% year-on-year and by 7% since the previous quarter
The revenue has increased by 28% year-on-year and by 4.7% since the previous quarter
Corning's quick ratio has decreased by 17% YoY but it has increased by 5% from the previous quarter
Corning's EPS has decreased by 8% from the previous quarter
GLW's equity is down by 4.1% year-on-year

Key stats

What are the main financial stats of GLW
Market
Shares outstanding
853.41M
Market cap
$30.69B
Enterprise value
$35.55B
Valuations
Price to earnings (P/E)
33.92
Price to book (P/B)
2.53
Price to sales (P/S)
2.23
EV/EBIT
14.49
EV/EBITDA
9.01
EV/Sales
2.58
Earnings
Revenue
$13.76B
EBIT
$2.45B
EBITDA
$3.95B
Free cash flow
$1.79B
Per share
EPS
$1.06
Free cash flow per share
$2.09
Book value per share
$14.22
Revenue per share
$16.11
TBVPS
$30.55
Balance sheet
Total assets
$29.71B
Total liabilities
$17.35B
Debt
$7.07B
Equity
$12.15B
Working capital
$3.34B
Liquidity
Debt to equity
0.58
Current ratio
1.77
Quick ratio
1
Net debt/EBITDA
1.23
Margins
EBITDA margin
28.7%
Gross margin
36.4%
Net margin
12.1%
Operating margin
16.2%
Efficiency
Return on assets
2.9%
Return on equity
6.8%
Return on invested capital
9%
Return on capital employed
9.7%
Return on sales
17.8%
Dividend
Dividend yield
2.67%
DPS
$0.96
Payout ratio
90.6%

GLW stock price

How has the Corning stock price performed over time
Intraday
-1.88%
1 week
-5.79%
1 month
-1.99%
1 year
-6.67%
YTD
-3.41%
QTD
-3.41%

Financial performance

How have Corning's revenue and profit performed over time
Revenue
$13.76B
Gross profit
$5.01B
Operating income
$2.23B
Net income
$1.67B
Gross margin
36.4%
Net margin
12.1%
GLW's gross profit has surged by 58% year-on-year and by 7% since the previous quarter
The revenue has increased by 28% year-on-year and by 4.7% since the previous quarter
Corning's gross margin has increased by 23% YoY and by 2.2% from the previous quarter
GLW's operating income is up by 19% since the previous quarter

Growth

What is Corning's growth rate over time

Valuation

What is Corning stock price valuation
P/E
33.92
P/B
2.53
P/S
2.23
EV/EBIT
14.49
EV/EBITDA
9.01
EV/Sales
2.58
The price to earnings (P/E) is 19% lower than the last 4 quarters average of 41.7
Corning's EPS has decreased by 8% from the previous quarter
The stock's P/B is 33% above its 5-year quarterly average of 1.9
GLW's equity is down by 4.1% year-on-year
The revenue has increased by 28% year-on-year and by 4.7% since the previous quarter
The stock's price to sales (P/S) is 11% less than its last 4 quarters average of 2.5 and 3% less than its 5-year quarterly average of 2.3

Efficiency

How efficient is Corning business performance
The ROE has decreased by 6% from the previous quarter
The ROA has contracted by 6% from the previous quarter
The company's return on invested capital rose by 3.4% QoQ
Corning's ROS has decreased by 3.3% from the previous quarter

Dividends

What is GLW's dividend history
DPS
$0.96
Dividend yield
2.67%
Payout ratio
90.6%
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 decreased by 17% YoY but it has increased by 5% from the previous quarter
GLW's current ratio is down by 15% YoY but it is up by 7% QoQ
GLW's debt is 42% lower than its equity
GLW's debt is down by 12% YoY and by 4.2% QoQ
GLW's debt to equity is down by 9% year-on-year and by 6% since the previous quarter

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