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Corning Incorporated

Technology US GLW

136.22USD
7.17(5.56%)

Last update at 2026-03-10T20:27:00Z

Day Range

131.29139.63
LowHigh

52 Week Range

25.0235.81
LowHigh

Fundamentals

  • Previous Close 129.05
  • Market Cap25919.46M
  • Volume16814858
  • P/E Ratio44.68
  • Dividend Yield3.69%
  • EBITDA2703.00M
  • Revenue TTM13000.00M
  • Revenue Per Share TTM15.35
  • Gross Profit TTM 4843.00M
  • Diluted EPS TTM0.68

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 1797.00M 2397.00M 623.00M 1216.00M 1503.00M
Minority interest -70.00000M - 191.00M 90.00M 94.00M
Net income 1316.00M 1906.00M 512.00M 960.00M 1066.00M
Selling general administrative 1898.00M 1827.00M 1747.00M 1585.00M 1799.00M
Selling and marketing expenses - - - - -
Gross profit 4506.00M 5063.00M 3531.00M 4035.00M 4461.00M
Reconciled depreciation 1452.00M 1481.00M 1520.00M 1503.00M 1293.00M
Ebit 1438.00M 2112.00M 509.00M 1306.00M 1787.00M
Ebitda 3190.00M 3824.00M 1959.00M 2692.00M 3080.00M
Depreciation and amortization 1752.00M 1712.00M 1450.00M 1386.00M 1293.00M
Non operating income net other 300.00M 231.00M 428.00M -117.00000M 119.00M
Operating income 1438.00M 2112.00M 509.00M 1306.00M 1575.00M
Other operating expenses 12751.00M 11970.00M 10794.00M 10197.00M 9715.00M
Interest expense 292.00M 300.00M 276.00M 221.00M 191.00M
Tax provision 411.00M 491.00M 111.00M 256.00M 437.00M
Interest income 15.00M 11.00M 15.00M 21.00M 38.00M
Net interest income -277.00000M -289.00000M -261.00000M -200.00000M -153.00000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 411.00M 491.00M 111.00M 256.00M 437.00M
Total revenue 14189.00M 14082.00M 11303.00M 11503.00M 11290.00M
Total operating expenses 3068.00M 2951.00M 3022.00M 2729.00M 2886.00M
Cost of revenue 9683.00M 9019.00M 7772.00M 7468.00M 6829.00M
Total other income expense net 359.00M 285.00M 114.00M -90.00000M 81.00M
Discontinued operations - - - - -
Net income from continuing ops 1386.00M 1906.00M 512.00M 960.00M 1066.00M
Net income applicable to common shares 1316.00M 1079.00M 512.00M 960.00M 1066.00M
Preferred stock and other adjustments - 827.00M - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 29499.00M 30144.00M 30775.00M 28898.00M 27505.00M
Intangible assets 1029.00M 1148.00M 1308.00M 1185.00M 1292.00M
Earning assets - - - - -
Other current assets 703.00M 1026.00M 761.00M 873.00M 702.00M
Total liab 17224.00M 17599.00M 17327.00M 15901.00M 13619.00M
Total stockholder equity 12008.00M 12333.00M 13257.00M 12907.00M 13792.00M
Deferred long term liab - - - - -
Other current liab 2760.00M 2768.00M 2072.00M 1819.00M 1682.00M
Common stock 910.00M 907.00M 863.00M 859.00M 857.00M
Capital stock 910.00M 907.00M 3163.00M 3159.00M 3157.00M
Retained earnings 16778.00M 16389.00M 16120.00M 16408.00M 16303.00M
Other liab 4567.00M 5804.00M 5722.00M 4201.00M 4314.00M
Good will 2394.00M 2421.00M 2460.00M 1935.00M 1936.00M
Other assets 3252.00M 3112.00M 3261.00M 2140.00M 1972.00M
Cash 1671.00M 2148.00M 2672.00M 2434.00M 2355.00M
Cash and equivalents 1671.00M 2148.00M 2672.00M 2434.00M 2355.00M
Total current liabilities 5175.00M 4806.00M 3767.00M 3521.00M 3311.00M
Current deferred revenue 276.00M 371.00M 363.00M 104.00M 169.00M
Net debt 6146.00M 4896.00M 5324.00M 5306.00M 3643.00M
Short term debt 335.00M 55.00M 158.00M 11.00M 4.00M
Short long term debt 224.00M 55.00M 158.00M 11.00M 4.00M
Short long term debt total 7817.00M 7044.00M 7996.00M 7740.00M 5998.00M
Other stockholder equity -3850.00000M -3788.00000M -5286.00000M -5489.00000M -4658.00000M
Property plant equipment 15371.00M 15804.00M 15742.00M 15337.00M 14895.00M
Total current assets 7453.00M 7659.00M 8004.00M 7463.00M 7034.00M
Long term investments 360.00M 318.00M 435.00M 334.00M 376.00M
Net tangible assets 8585.00M 8764.00M 10957.00M 10607.00M 11492.00M
Short term investments - - - - -
Net receivables 1721.00M 2004.00M 2133.00M 1836.00M 1940.00M
Long term debt 6687.00M 6989.00M 7838.00M 7729.00M 5994.00M
Inventory 2904.00M 2481.00M 2438.00M 2320.00M 2037.00M
Accounts payable 1804.00M 1612.00M 1174.00M 1587.00M 1456.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 267.00M 212.00M 191.00M 90.00M 94.00M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -1830.00000M -1175.00000M -740.00000M -1171.00000M -1010.00000M
Additional paid in capital - - - - -
Common stock total equity 910.00M 907.00M 863.00M 859.00M 857.00M
Preferred stock total equity - - 2300.00M 2300.00M 2300.00M
Retained earnings total equity 16778.00M 16389.00M 16120.00M 16408.00M 16303.00M
Treasury stock -20532.00000M -20263.00000M -19928.00000M -19812.00000M -18870.00000M
Accumulated amortization - - - - -
Non currrent assets other 977.00M 1728.00M 1681.00M 1487.00M 1021.00M
Deferred long term asset charges - - - - -
Non current assets total 22046.00M 22485.00M 22771.00M 21435.00M 20471.00M
Capital lease obligations 906.00M 968.00M 902.00M 512.00M -
Long term debt total 6687.00M 6989.00M 7816.00M 7729.00M 5994.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -1355.00000M 84.00M 12.00M 66.00M 108.00M
Change to liabilities 349.00M 704.00M 57.00M 36.00M 358.00M
Total cashflows from investing activities -1355.00000M -1419.00000M -1310.00000M -1891.00000M -2887.00000M
Net borrowings 40.00M -838.00000M 22.00M 1531.00M 856.00M
Total cash from financing activities -1649.00000M -2452.00000M -729.00000M -47.00000M -1995.00000M
Change to operating activities -119.00000M -467.00000M -31.00000M -300.00000M -20.00000M
Net income 1386.00M 1906.00M 512.00M 960.00M 1066.00M
Change in cash -477.00000M -524.00000M 238.00M 79.00M -1962.00000M
Begin period cash flow 2148.00M 2672.00M 2434.00M 2355.00M 4317.00M
End period cash flow 1671.00M 2148.00M 2672.00M 2434.00M 2355.00M
Total cash from operating activities 2615.00M 3412.00M 2180.00M 2031.00M 2919.00M
Issuance of capital stock - - - - -
Depreciation 1452.00M 1481.00M 1520.00M 1503.00M 1293.00M
Other cashflows from investing activities 249.00M 14.00M 55.00M 30.00M -753.00000M
Dividends paid -932.00000M -871.00000M -787.00000M -742.00000M 685.00M
Change to inventory -522.00000M -103.00000M 423.00M -298.00000M -346.00000M
Change to account receivables 113.00M -54.00000M -274.00000M 48.00M -154.00000M
Sale purchase of stock -728.00000M -781.00000M -105.00000M -940.00000M -2227.00000M
Other cashflows from financing activities 58.00M -59.00000M 17.00M 46.00M -16.00000M
Change to netincome 456.00M -55.00000M 85.00M 105.00M -39.00000M
Capital expenditures 1604.00M 1637.00M 1377.00M 1987.00M 2242.00M
Change receivables 113.00M -54.00000M -274.00000M 48.00M -154.00000M
Cash flows other operating -619.00000M -900.00000M -143.00000M -323.00000M 741.00M
Exchange rate changes - - - - 1.00M
Cash and cash equivalents changes -389.00000M -459.00000M 141.00M 93.00M -1962.00000M
Change in working capital -138.00000M 323.00M 175.00M -514.00000M -162.00000M
Stock based compensation 175.00M 190.00M 207.00M 56.00M -1.00000M
Other non cash items -214.00000M -523.00000M -214.00000M 217.00M 832.00M
Free cash flow 1011.00M 1775.00M 803.00M 44.00M 677.00M

Peer Comparison

Sector: Technology Industry: Electronic Components

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
GLW
Corning Incorporated
7.17 5.56% 136.22 44.68 14.71 1.99 2.27 2.52 12.87
APH
Amphenol Corporation
0.68 0.50% 136.74 41.49 32.79 6.15 9.40 6.51 26.52
HNHPF
Hon Hai Precision Industry Co Ltd ADR
-0.18 1.32% 13.47 10.86 8.47 0.0073 0.92 0.0057 0.11
TEL
TE Connectivity Ltd
-3.29 1.60% 202.95 23.48 18.83 2.68 3.73 2.85 14.55
MRAAY
Murata Manufacturing Inc
0.36 3.17% 11.71 22.29 13.99 0.02 2.07 0.02 0.08

Reports Covered

Stock Research & News

Profile

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment 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. Its Optical Communications segment 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. The company's Specialty Materials segment 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 various markets comprising mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products, including consumables, such as 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. Corning Incorporated was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. The company was founded in 1851 and is headquartered in Corning, New York.

Corning Incorporated

One Riverfront Plaza, Corning, NY, United States, 14831

Key Executives

Name Title Year Born
Mr. Wendell P. Weeks Chairman & CEO 1960
Mr. Eric S. Musser Pres & COO 1960
Mr. Lewis A. Steverson Exec. VP and Chief Legal & Admin. Officer 1964
Mr. Lawrence D. McRae First Vice Chairman & Corp. Devel. Officer 1959
Mr. Edward A. Schlesinger Exec. VP & CFO 1968
Mr. Stefan Becker Sr. VP of Fin., Corp. Controller & Principal Accounting Officer 1972
Dr. Jaymin Amin Sr. VP & CTO 1968
Ms. Anne Elizabeth Mullins Sr. VP and Chief Digital & Information Officer 1963
Ms. Soumya Seetharam Sr. VP and Chief Digital & Information Officer NA
Ms. Ann H. S. Nicholson VP of Investor Relations NA

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