GLW Corning Inc
Price (delayed)
$51.49
Market cap
$44.1B
P/E Ratio
87.27
Dividend/share
$1.12
EPS
$0.59
Enterprise value
$49.55B
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 is up by 9% year-on-year and by 7% since the previous quarter
Corning's gross margin has increased by 4.5% YoY and by 3.2% from the previous quarter
The price to earnings (P/E) is 36% higher than the 5-year quarterly average of 64.1 but 20% lower than the last 4 quarters average of 109.5
Corning's EPS has decreased by 14% YoY
Corning's net income has decreased by 13% YoY
Key stats
What are the main financial stats of GLW
Market
Valuations
Earnings
Shares outstanding
856.56M
Market cap
$44.1B
Enterprise value
$49.55B
Price to earnings (P/E)
87.27
Price to book (P/B)
4.13
Price to sales (P/S)
3.36
EV/EBIT
46.92
EV/EBITDA
20.59
EV/Sales
3.78
Revenue
$13.12B
Gross profit
$4.28B
Operating income
$1.01B
Net income
$506M
EBIT
$1.06B
EBITDA
$2.41B
Free cash flow
$1.05B
Per share
Balance sheet
Liquidity
EPS
$0.59
EPS diluted
$0.58
Free cash flow per share
$1.23
Book value per share
$12.48
Revenue per share
$15.32
TBVPS
$28.75
Total assets
$27.74B
Total liabilities
$16.67B
Debt
$7.21B
Equity
$10.69B
Working capital
$3.07B
Debt to equity
0.67
Current ratio
1.62
Quick ratio
0.78
Net debt/EBITDA
2.26
Margins
Efficiency
Dividend
EBITDA margin
18.3%
Gross margin
32.6%
Net margin
3.9%
Operating margin
7.7%
Return on assets
1.8%
Return on equity
4.6%
Return on invested capital
4.1%
Return on capital employed
4.6%
Return on sales
8.1%
Dividend yield
2.18%
DPS
$1.12
Payout ratio
189.8%
GLW stock price
How has the Corning stock price performed over time
Intraday
-0.73%
1 week
-2%
1 month
-0.12%
1 year
59.66%
YTD
8.35%
QTD
8.35%
Financial performance
How have Corning's revenue and profit performed over time
Revenue
$13.12B
Gross profit
$4.28B
Operating income
$1.01B
Net income
$506M
Gross margin
32.6%
Net margin
3.9%
GLW's operating income is up by 16% since the previous quarter and by 7% year-on-year
GLW's net margin is down by 15% YoY
Corning's net income has decreased by 13% YoY
The operating margin has grown by 12% from the previous quarter and by 2.7% YoY
Growth
What is Corning's growth rate over time
Valuation
What is Corning stock price valuation
P/E
87.27
P/B
4.13
P/S
3.36
EV/EBIT
46.92
EV/EBITDA
20.59
EV/Sales
3.78
The price to earnings (P/E) is 36% higher than the 5-year quarterly average of 64.1 but 20% lower than the last 4 quarters average of 109.5
Corning's EPS has decreased by 14% YoY
The stock's P/B is 65% above its 5-year quarterly average of 2.5 and 29% above its last 4 quarters average of 3.2
GLW's equity is down by 7% year-on-year and by 3.8% since the previous quarter
The stock's price to sales (P/S) is 46% more than its 5-year quarterly average of 2.3 and 20% more than its last 4 quarters average of 2.8
The revenue has increased by 4.2% year-on-year and by 4% since the previous quarter
Efficiency
How efficient is Corning business performance
The ROA has soared by 200% from the previous quarter but it has contracted by 10% YoY
The company's return on invested capital has surged by 78% QoQ and by 2.5% YoY
Corning's ROS has soared by 69% from the previous quarter but it has decreased by 6% YoY
The ROE has decreased by 8% YoY
Dividends
What is GLW's dividend history
DPS
$1.12
Dividend yield
2.18%
Payout ratio
189.8%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Corning financials performed over time
The total assets is 66% greater than the total liabilities
The total assets is down by 2.7% year-on-year and by 2.1% since the previous quarter
GLW's current ratio is down by 3% YoY and by 2.4% QoQ
GLW's debt is 33% lower than its equity
GLW's equity is down by 7% year-on-year and by 3.8% since the previous quarter
GLW's debt is down by 4.2% YoY and by 2.7% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.