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.

Revenue
+18.4%
EPS
+72.9%
Free cash flow
+14.7%
Total debt
−0.23%

Quarter to September 2026, against a year earlier

105.08 1.65 +1.60%
Market cap
$89.1B
P/E
40.5×
Fwd P/E
43.9×
Dividend yield
1.07%
F-score
6/9
Altman Z
4.03
Beneish M
−2.35
Dividend safety
50/100

Corning Incorporated (GLW) Debt to equity

Alert me on Debt to equity

Corning Incorporated's debt to equity at the end of the quarter to 30 September 2026 was 0.6×, down 0.1× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.2× (fiscal 2016) to 0.7× (fiscal 2025) — the current reading is the highest in ten years. That is above the Electronic Components industry median of 0.1× and above the Technology sector median of 0.1×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 0.7× 5.20%
FY2024 0.7× 2.73%
FY2023 0.6× 12.63%
FY2022 0.6× 0.27%
FY2021 0.6× (5.28%)
FY2020 0.6× (0.45%)
FY2019 0.6× 37.88%
FY2018 0.4× 32.81%
FY2017 0.3× 49.65%
FY2016 0.2× (8.12%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.6× (10.57%)
Jun 2026 0.6× (11.68%)
Mar 2026 0.7× 6.03%
Dec 2025 0.7× 0.10%
43 more quarters

Against its own ten years

Low 0.2× High 0.7×
Ten-year median 0.6×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
FN Fabrinet compare 0.0×
LFUS Littelfuse, Inc. compare 0.2×
TEL TE Connectivity Ltd. compare 0.4×
GLW Corning Incorporated 0.6×
RAL Ralliant Corporation compare 0.7×
TTMI TTM Technologies, Inc. compare 0.8×
FLEX Flex Ltd. compare 0.9×
APH Amphenol Corporation compare 1.0×
JBL Jabil, Inc. compare 1.8×
Electronic Components industry median 0.1×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on GLW