Saturday 17 October 2026
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Corning Incorporated
GLW Technology Electronic Components
Corning Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $15.6 billion, up 19.1% from fiscal 2024. In the quarter to June 2026, revenue grew 16.7%, EPS grew 18.2%, free cash flow grew 223.8% and total debt rose 12.3%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.
132.00
6.43
−4.64%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
6.73 | 0.00 | 24.36 | 26.23 | 73.47 | 27.78 | 20.73 | 44.84 | 80.54 | 47.08 |
Piotroski F-Score |
7 | 4 | 6 | 4 | 6 | 7 | 5 | 4 | 6 | 6 |
P/S ratio |
2.64 | 2.89 | 2.18 | 1.96 | 2.42 | 2.19 | 1.93 | 2.05 | 3.09 | 4.79 |
Altman Z-Score |
3.12 | 3.08 | 2.68 | 2.36 | 2.27 | 2.62 | 2.46 | 2.40 | 3.00 | 4.03 |
Altman Z″-Score (non-manufacturers) |
5.69 | 5.03 | 4.28 | 3.91 | 3.54 | 3.61 | 3.41 | 3.50 | 3.57 | 3.63 |
P/FCF ratio |
17.62 | 145.97 | 39.25 | 172.44 | 32.61 | 17.37 | 27.13 | 37.91 | 41.62 | 52.98 |
Beneish M-Score |
(2.26) | (2.87) | (2.72) | (2.66) | (2.49) | (2.78) | (2.74) | (2.77) | (2.49) | (2.35) |
P/Operating CF |
17.36 | 32.88 | 26.20 | 22.19 | 35.40 | 30.13 | 44.46 | 36.26 | 65.06 | 71.16 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 50 |
P/B ratio |
1.58 | 2.17 | 2.13 | 2.11 | 2.46 | 2.46 | 2.23 | 2.18 | 3.66 | 6.08 |
Price to Tangible BV |
1.87 | 2.68 | 2.95 | 2.98 | 3.71 | 3.43 | 3.10 | 3.01 | 5.10 | 8.17 |
EV/Sales |
2.49 | 2.97 | 2.51 | 2.43 | 2.89 | 2.54 | 2.30 | 2.51 | 3.50 | 5.23 |
EV/EBITDA |
8.93 | 10.85 | 9.87 | 9.93 | 16.11 | 9.94 | 11.81 | 13.99 | 18.50 | 22.55 |
EV/Operating CF |
9.22 | 14.97 | 9.69 | 13.73 | 15.00 | 10.47 | 12.49 | 15.76 | 23.71 | 30.34 |
EV/FCF |
16.63 | 150.03 | 45.05 | 212.94 | 38.92 | 20.13 | 32.32 | 46.34 | 47.20 | 57.87 |
Quick Ratio |
2.46 | 1.91 | 1.30 | 1.21 | 1.28 | 0.86 | 0.66 | 0.78 | 0.78 | 0.76 |
Current Ratio |
3.29 | 2.75 | 2.12 | 2.12 | 2.12 | 1.59 | 1.44 | 1.67 | 1.62 | 1.59 |
Net Debt/EBITDA |
(0.53) | 0.29 | 1.27 | 1.89 | 2.61 | 1.36 | 1.89 | 2.54 | 2.19 | 1.91 |
Debt/Assets |
13.99% | 18.65% | 21.81% | 26.78% | 25.90% | 23.36% | 23.43% | 26.41% | 26.00% | 27.23% |
Debt/Equity |
0.22 | 0.33 | 0.43 | 0.60 | 0.59 | 0.56 | 0.56 | 0.63 | 0.65 | 0.69 |
Asset Turnover |
0.33 | 0.37 | 0.41 | 0.41 | 0.38 | 0.46 | 0.48 | 0.43 | 0.47 | 0.53 |
Operating CF/Net income |
0.71 | (3.37) | 3.02 | 2.36 | 5.27 | 1.79 | 1.99 | 3.45 | 3.83 | 1.69 |
Capex/Depreciation |
(0.95) | (1.56) | (1.77) | (1.26) | (0.88) | (1.11) | (1.10) | (0.97) | (0.71) | (0.95) |
Interest Coverage |
8.96 | 10.37 | 8.25 | 5.91 | 1.84 | 7.04 | 4.50 | 2.71 | 3.45 | 6.78 |
| 22.33% | (4.09%) | 7.73% | 7.74% | 3.79% | 16.09% | 10.60% | 4.81% | 4.41% | 13.65% | |
| 12.75% | (2.15%) | 3.52% | 3.06% | 1.39% | 6.26% | 4.41% | 2.00% | 1.80% | 5.44% | |
ROIC |
5.37% | 6.06% | 5.62% | 4.46% | 1.70% | 7.57% | 4.69% | 3.16% | 4.30% | 7.41% |
Return on Tangible Assets |
19.09% | (3.03%) | 5.20% | 4.47% | 2.07% | 10.22% | 7.46% | 3.32% | 3.08% | 8.80% |
Average Days of Receivables |
57.57 | 65.20 | 62.72 | 58.26 | 68.88 | 51.94 | 44.27 | 45.58 | 57.12 | 64.90 |
Research and Development Expense of Revenue |
7.84% | 8.54% | 8.80% | 8.96% | 10.21% | 7.07% | 7.38% | 8.55% | 8.30% | 7.10% |
Selling, General and Administrative Expense of Revenue |
15.57% | 14.56% | 15.93% | 13.78% | 15.46% | 12.97% | 13.38% | 14.64% | 14.72% | 13.58% |
Intangible Assets out of Total Assets |
0.09 | 0.09 | 0.12 | 0.11 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.10 |
Share Based Compensation of Revenue |
0.00% | 0.45% | 0.45% | 0.49% | 1.83% | 1.35% | 1.23% | 1.73% | 2.08% | 1.83% |
Graham Net Nets |
(0.04) | (0.10) | (0.27) | (0.37) | (0.34) | (0.32) | (0.36) | (0.36) | (0.21) | (0.13) |
Graham Number |
35.31 | 0.00 | 19.90 | 18.55 | 12.71 | 21.37 | 22.68 | 14.63 | 13.13 | 24.54 |
Earnings Yield |
14.86% | (2.21%) | 4.10% | 3.81% | 1.36% | 3.60% | 4.82% | 2.23% | 1.24% | 2.12% |
Free Cash Flow Yield |
5.68% | 0.69% | 2.55% | 0.58% | 3.07% | 5.76% | 3.69% | 2.64% | 2.40% | 1.89% |
Revenue per Share |
9.21 | 11.30 | 13.84 | 14.82 | 14.85 | 17.01 | 16.83 | 14.84 | 15.38 | 18.28 |
Operating CF per Share |
2.49 | 2.24 | 3.58 | 2.62 | 2.86 | 4.12 | 3.10 | 2.36 | 2.27 | 3.15 |
Capex per Share |
(1.11) | (2.02) | (2.81) | (2.45) | (1.76) | (1.98) | (1.90) | (1.56) | (1.13) | (1.50) |
Free Cash Flow per Share |
1.38 | 0.22 | 0.77 | 0.17 | 1.10 | 2.14 | 1.20 | 0.80 | 1.14 | 1.65 |
Cash per Share |
5.19 | 4.82 | 2.89 | 3.14 | 3.51 | 2.59 | 1.98 | 2.10 | 2.07 | 1.78 |
Shareholders Equity per Share |
17.61 | 17.62 | 17.02 | 16.75 | 17.67 | 15.15 | 14.56 | 14.00 | 12.98 | 14.39 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
17.61 | 17.62 | 17.02 | 16.75 | 17.67 | 15.15 | 14.56 | 14.00 | 12.98 | 14.39 |
Free Cash Flow |
1,407.00 | 200.00 | 628.00 | 131.00 | 840.00 | 1,775.00 | 1,011.00 | 682.00 | 974.00 | 1,413.00 |
Working Capital |
6,297.00 | 5,618.00 | 3,723.00 | 3,942.00 | 4,237.00 | 2,853.00 | 2,278.00 | 2,893.00 | 3,073.00 | 3,308.00 |
Capital Expenditures |
(1,130.00) | (1,804.00) | (2,291.00) | (1,900.00) | (1,340.00) | (1,637.00) | (1,604.00) | (1,323.00) | (965.00) | (1,282.00) |
Net Current Asset Value |
(891.00) | (2,897.00) | (6,585.00) | (8,438.00) | (9,323.00) | (9,950.00) | (9,771.00) | (9,420.00) | (8,673.00) | (9,733.00) |
EV/EBIT |
16.43 | 18.66 | 17.96 | 21.36 | 64.24 | 16.91 | 24.85 | 35.51 | 40.51 | 35.88 |
Capex to Sales |
0.12 | 0.18 | 0.20 | 0.17 | 0.12 | 0.12 | 0.11 | 0.11 | 0.07 | 0.08 |
Price to Operating Income |
17.41 | 18.16 | 15.65 | 17.30 | 53.82 | 14.60 | 20.86 | 29.05 | 35.71 | 32.85 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.10 | 0.08 | 0.09 | 0.10 | 0.10 | 0.09 | 0.09 | 0.09 | 0.10 | 0.09 |
Cash ROIC |
5.18% | 0.79% | 2.82% | 0.57% | 3.49% | 8.17% | 4.85% | 3.22% | 4.86% | 6.35% |
Accounts Receivable Turnover |
6.58 | 6.15 | 6.03 | 6.09 | 5.70 | 6.81 | 7.62 | 7.65 | 7.24 | 6.47 |
Accounts Payable Turnover |
5.59 | 4.84 | 4.72 | 4.91 | 5.63 | 6.47 | 5.67 | 5.29 | 6.02 | 5.80 |
Inventory Turnover |
3.94 | 3.83 | 3.64 | 3.43 | 3.27 | 3.67 | 3.60 | 3.11 | 3.28 | 3.45 |
Average Days of Payables |
69.99 | 86.16 | 77.82 | 77.56 | 55.14 | 65.24 | 68.00 | 61.81 | 60.76 | 72.18 |
Days of Inventory on Hand |
95.42 | 102.51 | 108.87 | 113.39 | 114.50 | 100.41 | 109.47 | 112.41 | 112.45 | 112.22 |
Average Receivables |
1,426.50 | 1,644.00 | 1,873.50 | 1,888.00 | 1,984.50 | 2,068.50 | 1,862.50 | 1,646.50 | 1,812.50 | 2,416.00 |
Average Payables |
1,006.50 | 1,259.00 | 1,447.50 | 1,521.50 | 1,380.50 | 1,393.00 | 1,708.00 | 1,635.00 | 1,469.00 | 1,725.50 |
Average Inventory |
1,428.00 | 1,591.50 | 1,874.50 | 2,178.50 | 2,379.00 | 2,459.50 | 2,692.50 | 2,785.00 | 2,695.00 | 2,900.50 |
Average Assets |
28,213.00 | 27,696.50 | 27,499.50 | 28,201.50 | 29,836.50 | 30,464.50 | 29,826.50 | 28,999.50 | 28,117.50 | 29,355.50 |
Average Common Equity |
16,111.50 | 14,565.00 | 12,528.00 | 11,141.50 | 10,922.50 | 11,846.50 | 12,410.00 | 12,071.50 | 11,469.00 | 11,688.50 |
Columns are period end dates