GLWNYSEDrawing & Insulating of Nonferrous WireFiscal year ends December 31
CORNING INC /NY
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$132.74+0.74 (+0.56%)
Close on Oct 19, 2026
- Market cap
- $116.15B
- P/E (TTM)
- 60.6
- Dividend yield
- 0.84%
Corning statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Drawing & Insulating of Nonferrous Wire companies for comparison
Valuation
| Measure | Corning | Industry median |
|---|---|---|
| Market Cap | $114.34B | $940.88M |
| Enterprise Value | $120.83B | $1.52B |
| PE Ratio | 60.61 | 19.22 |
| PS Ratio | 6.74 | 1.28 |
| PB Ratio | 9.10 | 2.42 |
| P/TBV Ratio | 12.07 | 2.76 |
| P/OCF Ratio | 29.21 | 13.21 |
Enterprise value
| Measure | Corning | Industry median |
|---|---|---|
| EV / Sales | 7.12 | 1.39 |
| EV / EBITDA | 46.51 | 11.65 |
| EV / EBIT | 46.51 | 18.75 |
Income (trailing twelve months)
| Measure | Corning | Industry median |
|---|---|---|
| Revenue | $16.96B | $1.90B |
| Gross Profit | $6.17B | $499.62M |
| Operating Income | $2.60B | $74.88M |
| Pretax Income | $2.41B | $70.73M |
| Net Income | $1.90B | $40.87M |
| EBITDA | $2.60B | $139.80M |
| EPS (Diluted) | $2.19 | $0.97 |
Margins
| Measure | Corning | Industry median |
|---|---|---|
| Gross Margin | 36.4% | 18.8% |
| Operating Margin | 15.3% | 6.10% |
| Pretax Margin | 14.2% | 6.28% |
| Profit Margin | 11.2% | 5.14% |
| EBITDA Margin | 15.3% | 10.9% |
Returns
| Measure | Corning | Industry median |
|---|---|---|
| Return on Equity (ROE) | 16.1% | 9.38% |
| Return on Assets (ROA) | 6.16% | 5.27% |
| Return on Invested Capital (ROIC) | 12.6% | 5.59% |
| Return on Capital Employed (ROCE) | 9.65% | 5.67% |
Growth
| Measure | Corning | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 19.4% | 12.4% |
| Net Income Growth (YoY) | 132.0% | 30.6% |
| EPS Growth (YoY) | 133.0% | 38.7% |
| Revenue Growth (3Y CAGR) | 3.27% | -0.88% |
| Revenue Growth (5Y CAGR) | 6.70% | 9.08% |
| EPS Growth (3Y CAGR) | 5.92% | -6.85% |
| EPS Growth (5Y CAGR) | 27.6% | 20.9% |
Balance sheet
| Measure | Corning | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $2.50B | $58.50M |
| Total Debt | $8.42B | $623.58M |
| Net Cash (Debt) | -$5.92B | -$30.51M |
| Net Cash Per Share | -$6.87 | -$0.82 |
| Equity (Book Value) | $12.56B | $745.44M |
| Book Value Per Share | $14.58 | $14.37 |
| Tangible Book Value | $9.47B | $318.29M |
| Working Capital | $4.90B | $326.66M |
Financial position
| Measure | Corning | Industry median |
|---|---|---|
| Current Ratio | 1.81 | 2.33 |
| Quick Ratio | 0.90 | 1.01 |
| Debt / Equity | 0.67 | 0.38 |
| Debt / EBITDA | 3.24 | 2.21 |
| Net Debt / EBITDA | 2.28 | 1.49 |
| Interest Coverage | 7.28 | 3.29 |
Cash flow (trailing twelve months)
| Measure | Corning | Industry median |
|---|---|---|
| Operating Cash Flow | $3.92B | $128.41M |
Efficiency
| Measure | Corning | Industry median |
|---|---|---|
| Asset Turnover | 0.55 | 0.92 |
| Inventory Turnover | 3.32 | 4.34 |
| Revenue Per Employee | $1.53M | $641.98K |
| Profits Per Employee | $171.17K | $19.60K |
| Employee Count | 11,100 | 3,353 |
Dividends and yields
| Measure | Corning | Industry median |
|---|---|---|
| Earnings Yield | 1.66% | 2.52% |
| Dividend Yield | 0.84% | 0.85% |
| Shareholder Yield | 0.84% | 1.40% |
| Dividend Per Share | $1.12 | $0.76 |
| Dividend Growth (YoY) | 0.00% | 0.00% |
| Years of Dividend Growth | 0 | 0 |
Shares
| Measure | Corning | Industry median |
|---|---|---|
| Shares Outstanding | 861,388,000 | 45,826,200 |
| Shares Change (YoY) | 0.90% | 0.02% |
| Float | 859,638,000 | 38,458,600 |
| Shares Held by Insiders | 0.20% | 6.76% |
| Shares Held by Institutions | 73.2% | 79.9% |
Taxes
| Measure | Corning | Industry median |
|---|---|---|
| Income Tax | $332.00M | $27.00M |
| Effective Tax Rate | 13.8% | 20.7% |
Scores
| Measure | Corning | Industry median |
|---|---|---|
| Graham Number | $26.80 | $37.23 |
| Graham Upside | -79.8% | -36.4% |
| Altman Z-Score | 5.12 | 2.63 |
| Piotroski F-Score | 7 | 6 |
Calculated by StockData from Corning's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.