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Corning Incorporated GLW SPXR3KTECH

Technology · Electronic Components · United States
https://www.corning.com
Company Profile ↓
$154.30
+137.28% 1Y
Mkt Cap$132.64B
P/E71.11
P/B11.95
Div. Yield0.71%
52W High$255.21
52W Low$63.82
Book Value$13.86
EPS (TTM)$2.17

Company Overview

Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. It also offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. In addition, it manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for markets, such as mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Further, the company provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications, as well as technical glass and optic products and solutions for the interior and exterior of vehicles. Additionally, it offers laboratory products, including plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Falcon, PYREX, and Axygen brands. It also offers polysilicon products and pharmaceutical glass tubing and vials. 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.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 16.8%, reflecting efficient use of shareholder capital.

Healthy Margins

Operating margin of 15.6% supports profitability.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $15.63B (+19.1% YoY); net profit $1.60B.
  • Trailing 12 Months Year-on-year growth — revenue +16.6%, earnings +18.5%.
  • 5-Year Trend Long-term compounding — revenue CAGR 5.6%, profit CAGR -1.6%.

Growth & Price Performance

Compounded Sales Growth

5 Years:5.60%
1 Year:16.60%

Compounded Profit Growth

5 Years:-1.64%
1 Year:18.50%

Stock Price Performance

1 Year:+137.28%
6 Months:+25.58%
3 Months:-12.95%
1 Month:-1.65%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Mixed
52-Week Range 47% of range
$63.82 $255.21
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMAAbove
  • RSI (14)50.17 · Neutral
Price Performance
1M-1.65%
3M-12.95%
6M+25.58%
1Y+137.28%
Valuation vs Sector

P/E of 71.11 is above the sector median of 32.42 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 71.1.
  • Earnings shrank at -1.6% CAGR over 5 years.
  • Trading 39.5% below its 52-week high.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
71.11
Industry PE
32.42
Forward P/E
35.71
PEG Ratio
1.20
Book Value
$13.86
Price to Book
11.95
P/S
8.40
EV/EBITDA
36.76
Dividend Yield
0.71%

Growth (CAGR)

Revenue 5Y
5.60%
Profit 5Y
-1.64%
Revenue (YoY)
16.60%
Earnings (YoY)
18.50%

Profitability & Returns

ROCE
8.99%
ROE
16.81%
ROA
5.37%
Profit Margin
11.20%
Op Margin
15.65%
Gross Margin
36.39%
EPS (Latest Qtr)
$0.64
EPS (TTM)
$2.17

Balance Sheet & Liquidity

Debt/Equity
0.71
Quick Ratio
0.98
Current Ratio
1.81
Debt
$9.38B
Total Assets
$31.25B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
8.07%
Chg in Prom Hold
-0.10%
FII / Inst Holding
74.94%
Chg in FII Hold
0.02%

Financial Snapshot

Enterprise Value
$132.64B
Total Revenue (TTM)
$16.96B
EBITDA
$4.08B
Free Cash Flow
$734.50M
Operating Cash Flow
$3.92B
Shares Outstanding
859.64M
Gross Margin
36.39%
Payout Ratio
51.61%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 GLW Corning Incorporated SPXR3KTECH 154.30 71.11 $132.64B 0.71% 8.99% 16.81% 5.60% -1.64%
2 NVDA NVIDIA Corporation NDXSPXR3KAITECH 230.36 35.28 $5.58T 0.46% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPXR3KTECH 319.97 36.69 $4.67T 0.35% 68.72% 148.75% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXR3KAITECH 499.70 27.85 $3.71T 0.73% 26.33% 34.04% 9.93% 11.90%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AITECH 426.34 37.46 $2.21T 0.91% 30.20% 39.97% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXR3KAITECH 357.90 59.55 $1.70T 0.62% 16.70% 37.28% 17.04% 54.08%
7 MU Micron Technology, Inc. NDXSPXR3KAITECH 1,016.59 22.97 $1.15T 0.06% 13.69% 66.64% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXR3KAITECH 477.57 122.14 $779.62B 0.00% 5.47% 10.20% 11.81% 66.28%
9 ASML ASML Holding N.V. NDXAITECH 1,714.88 58.49 $658.69B 0.53% 42.97% 53.94% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue --------2.38B2.50B2.61B-2.50B2.75B3.01B--------------------3.86B4.10B4.21B4.14B4.50B
Cost of Revenue -----------------------------------2.47B2.58B2.72B2.62B2.88B
Gross Profit 929.00M975.00M892.00M857.00M764.00M951.00M1.04B990.00M951.00M987.00M1.05B1.03B955.00M1.07B1.23B1.20B1.10B1.06B1.02B561.00M756.00M1.00B1.16B1.31B1.32B1.28B1.25B1.06B1.00B1.01B1.00B993.00M949.00M1.14B1.21B1.39B1.52B1.50B1.53B1.63B
Operating Expenses -----------------------------------819.00M931.00M823.00M889.00M930.00M
Operating Income 412.00M431.00M392.00M-177.00M247.00M535.00M-413.00M385.00M442.00M-194.00M395.00M522.00M-420.00M374.00M365.00M-121.00M-103.00M257.00M502.00M575.00M552.00M570.00M490.00M292.00M297.00M279.00M236.00M254.00M186.00M302.00M445.00M573.00M589.00M672.00M639.00M698.00M
EBITDA -----------------------------------1.01B965.00M1.12B978.00M1.13B
Interest Expense -----------------------------------83.00M78.00M93.00M92.00M94.00M
Pretax Income -----------------------------------584.00M550.00M678.00M529.00M649.00M
Tax Provision -----------------------------------84.00M80.00M91.00M121.00M40.00M
Net Income 407.00M496.00M212.00M224.00M-368.00M2.21B284.00M1.57B86.00M439.00M390.00M-1.41B-589.00M738.00M625.00M292.00M499.00M92.00M337.00M-96.00M-71.00M427.00M599.00M449.00M371.00M581.00M563.00M208.00M176.00M281.00M164.00M209.00M104.00M-117.00M157.00M469.00M430.00M540.00M371.00M559.00M
Diluted EPS 0.290.360.150.17-0.361.870.261.470.070.420.39-1.66-0.720.780.670.260.550.090.38-0.16-0.130.480.67-0.420.430.680.660.240.200.330.190.240.12-0.140.180.540.500.620.430.64
R&D Expense -63.00M---43.00M----------------------------------

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 5.86B5.95B5.39B6.63B7.89B8.01B7.82B9.71B9.11B9.39B10.12B11.29B11.50B11.30B14.08B14.19B12.59B13.12B15.63B
Gross Profit 2.75B2.74B2.09B3.05B3.58B3.32B3.32B4.05B3.65B3.76B4.02B4.46B4.04B3.53B5.06B4.51B3.93B4.28B5.62B
Operating Income 1.08B1.52B391.00M1.80B1.71B1.18B1.37B1.93B1.32B1.42B1.61B1.57B1.31B509.00M2.11B1.44B890.00M1.14B2.28B
Net Income 2.15B5.26B2.01B3.56B2.82B1.64B1.96B2.47B1.34B3.69B-497.00M1.07B960.00M512.00M1.91B1.32B581.00M506.00M1.60B
Diluted EPS 1.343.321.282.251.781.091.341.731.003.23-0.661.131.070.541.281.540.680.581.83
R&D Expense -510.00M465.00M491.00M561.00M651.00M613.00M701.00M638.00M637.00M689.00M807.00M800.00M1.00B800.00M900.00M900.00M800.00M800.00M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --19.26B21.30B25.83B27.85B29.38B28.48B30.06B28.53B27.90B27.49B27.50B28.90B30.77B30.15B29.50B28.50B27.73B30.98B
Total Equity 7.29B9.54B13.44B15.54B19.38B21.08B21.49B21.16B21.58B18.79B17.89B15.70B13.79B12.91B13.26B12.33B12.01B11.55B10.69B11.81B
Cash & Equivalents 1.16B2.22B1.87B2.54B4.60B4.66B4.99B4.70B5.31B4.50B5.29B4.32B2.35B----1.78B1.77B1.53B
Long Term Debt ---2.00B2.32B2.39B3.46B-------------
Total Liabilities --5.76B5.70B6.41B6.72B7.84B7.27B8.41B9.66B9.94B11.72B13.62B15.90B17.33B17.61B17.22B16.63B16.66B18.67B
Current Liabilities --2.05B1.54B1.99B2.10B1.96B1.75B2.32B2.81B2.75B3.21B3.31B3.52B3.77B4.81B5.17B4.32B4.92B5.63B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow --------2.83B2.54B2.00B2.92B2.03B2.18B3.41B2.62B2.00B1.94B2.69B
Investing Cash Flow -561.00M-1.70B-1.37B-1.77B-2.06B-2.63B-1.00B-962.00M-685.00M3.66B-1.71B-2.89B-1.89B-1.31B-1.42B-1.35B-1.00B-744.00M-1.24B
Financing Cash Flow -539.00M-798.00M-15.00M-2.00M-980.00M-115.00M-2.06B-2.59B-2.62B-5.32B-1.62B-2.00B-47.00M-729.00M-2.45B-1.65B-883.00M-1.16B-1.67B
Share Buybacks 250.00M625.00M0-780.00M720.00M1.52B2.48B3.23B4.23B2.45B2.23B940.00M105.00M274.00M221.00M-165.00M163.00M

Ratios (Annual)

Figures in %.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 46.9%46.0%38.8%46.0%45.3%41.4%42.5%41.7%40.1%40.1%39.7%39.5%35.1%31.2%36.0%31.8%31.2%32.6%36.0%
Operating Margin % 18.4%25.6%7.2%27.2%21.7%14.7%17.5%19.9%14.5%15.2%15.9%14.0%11.4%4.5%15.0%10.1%7.1%8.7%14.6%
Net Margin % 36.7%88.4%37.2%53.6%35.7%20.4%25.1%25.4%14.7%39.4%-4.9%9.4%8.3%4.5%13.5%9.3%4.6%3.9%10.2%
ROE % 22.5%39.1%12.9%18.4%13.4%7.6%9.3%11.5%7.1%20.7%-3.2%7.7%7.4%3.9%15.5%11.0%5.0%4.7%13.5%
ROCE % -8.8%2.0%7.6%6.6%4.3%5.1%7.0%5.1%5.7%6.6%6.5%5.1%1.9%8.3%5.9%3.7%5.0%9.0%

Shareholding Pattern

Insiders
8.07%
Institutions
74.94%
Public Float
81.52%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 7.63% 65.77M $9.80B
2 Vanguard Capital Management LLC 5.90% 50.83M $7.57B
3 State Street Corporation 4.77% 41.11M $6.12B
4 JPMORGAN CHASE & CO 4.18% 36.02M $5.37B
5 Capital Research Global Investors 2.87% 24.70M $3.68B
6 FMR, LLC 2.79% 24.03M $3.58B
7 Vanguard Portfolio Management LLC 2.20% 18.92M $2.82B
8 Bank of America Corporation 2.17% 18.73M $2.79B
9 Geode Capital Management, LLC 2.13% 18.36M $2.74B
10 Morgan Stanley 1.76% 15.13M $2.25B

Analyst View

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Latest News

Recent headlines for GLW

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GLW — Frequently Asked Questions

What is the current share price of Corning Incorporated (GLW)?

As of 2026-09-07 16:24 PDT, Corning Incorporated (GLW) trades at $154.30 on NYSE. Its 52-week range is $63.82 to $255.21.

What is the market capitalisation of GLW?

Corning Incorporated (GLW) has a market capitalisation of $132.64B on NYSE.

What is the P/E ratio of GLW?

GLW trades at a trailing price-to-earnings (P/E) ratio of 71.11. The industry average P/E is 32.42. Its price-to-book (P/B) ratio is 11.95.

Does GLW pay a dividend?

Corning Incorporated (GLW) currently offers a dividend yield of 0.71%.

What is the return on equity (ROE) of GLW?

GLW has a return on equity (ROE) of 16.81%. Its return on capital employed (ROCE) is 8.99%.

Is GLW a good stock to buy?

This page provides a data-driven analysis of Corning Incorporated (GLW), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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