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XNYS
GLW
Market cap42bUSD
May 29, Last price  
49.96USD
1D
1.03%
1Q
-0.38%
Jan 2017
105.85%
Name

Corning Inc

Chart & Performance

D1W1MN
P/E
84.56
P/S
3.26
EPS
0.59
Div Yield, %
2.80%
Shrs. gr., 5y
-0.68%
Rev. gr., 5y
2.66%
Revenues
13.12b
+4.21%
4,579,000,0005,174,000,0005,860,000,0005,948,000,0005,395,000,0006,632,000,0007,890,000,0008,012,000,0007,819,000,0009,715,000,0009,111,000,0009,390,000,00010,116,000,00011,290,000,00011,503,000,00011,303,000,00014,082,000,00014,189,000,00012,588,000,00013,118,000,000
Net income
506m
-12.91%
585,000,0001,855,000,0002,150,000,0005,257,000,0002,008,000,0003,558,000,0002,817,000,0001,636,000,0001,961,000,0002,472,000,0001,339,000,0003,695,000,000-497,000,0001,066,000,000960,000,000512,000,0001,906,000,0001,316,000,000581,000,000506,000,000
CFO
1.94b
-3.29%
1,939,000,0001,803,000,0002,077,000,0002,128,000,0002,077,000,0003,835,000,0003,189,000,0003,206,000,0002,787,000,0004,709,000,0002,809,000,0002,500,000,0002,004,000,0002,919,000,0002,031,000,0002,180,000,0003,412,000,0002,615,000,0002,005,000,0001,939,000,000
Dividend
Nov 15, 20240.28 USD/sh
Earnings
Jul 07, 2025

Profile

Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment offers glass substrates for liquid crystal displays and organic light-emitting diodes used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, including cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. This segment also offers its products to businesses, governments, and individuals. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics, crystals, precision metrology instruments, software; as well as ultra-thin and ultra-flat glass wafers, substrates, tinted sunglasses, and radiation shielding products. This segment serves various industries, including mobile consumer electronics, semiconductor equipment optics and consumables; aerospace and defense optics; radiation shielding products, sunglasses, and telecommunications components. The company's Environmental Technologies segment offers ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products comprising consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware and equipment under the Corning, Falcon, Pyrex, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.
URL
https://www.corning.com/
IPO date
May 21, 1945
Employees
57,500
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑122023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
13,118,000
4.21%
12,588,000
-11.28%
14,189,000
0.76%
Cost of revenue
9,931,000
9,733,000
10,730,000
Unusual Expense (Income)
NOPBT
3,187,000
2,855,000
3,459,000
NOPBT Margin
24.29%
22.68%
24.38%
Operating Taxes
221,000
168,000
411,000
Tax Rate
6.93%
5.88%
11.88%
NOPAT
2,966,000
2,687,000
3,048,000
Net income
506,000
-12.91%
581,000
-55.85%
1,316,000
-30.95%
Dividends
(986,000)
(989,000)
(932,000)
Dividend yield
2.39%
3.78%
3.40%
Proceeds from repurchase of equity
(165,000)
(507,000)
(688,000)
BB yield
0.40%
1.94%
2.51%
Debt
Debt current
421,000
432,000
335,000
Long-term debt
8,376,000
9,010,000
8,388,000
Deferred revenue
679,000
1,862,000
Other long-term liabilities
4,250,000
3,364,000
2,462,000
Net debt
7,029,000
7,249,000
6,692,000
Cash flow
Cash from operating activities
1,939,000
2,005,000
2,615,000
CAPEX
(965,000)
(1,390,000)
(1,604,000)
Cash from investing activities
(744,000)
(1,000,000)
(1,355,000)
Cash from financing activities
(1,164,000)
(883,000)
(1,649,000)
FCF
5,009,000
2,260,000
2,911,000
Balance
Cash
1,768,000
1,779,000
1,671,000
Long term investments
414,000
360,000
Excess cash
1,112,100
1,563,600
1,321,550
Stockholders' equity
14,688,000
15,576,000
16,125,000
Invested Capital
22,124,900
22,831,400
22,967,450
ROIC
13.20%
11.73%
13.21%
ROCE
13.72%
11.60%
14.10%
EV
Common stock shares outstanding
869,000
859,000
857,000
Price
47.52
56.06%
30.45
-4.66%
31.94
-14.21%
Market cap
41,294,880
57.88%
26,156,550
-4.44%
27,372,580
-12.89%
EV
48,707,880
33,722,550
34,331,580
EBITDA
4,537,000
4,224,000
4,911,000
EV/EBITDA
10.74
7.98
6.99
Interest
329,000
329,000
292,000
Interest/NOPBT
10.32%
11.52%
8.44%