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%
Market cap
$119.2B
P/E
59.7×
Fwd P/E
66.0×
Dividend yield
0.85%
F-score
6/9
Altman Z
4.03
Beneish M
−2.35
Dividend safety
50/100

Corning Incorporated (GLW) Return on invested capital

Alert me on Return on invested capital

Corning Incorporated's return on invested capital over the twelve months to 30 June 2026 was 8.52%, up 1.1 percentage points from fiscal 2025 (7.41%). Over the past ten years it has ranged from 1.70% (fiscal 2020) to 7.57% (fiscal 2021); the current reading is higher than 91% of that period. That is above the Electronic Components industry median of 2.28% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 7.41% 3.11
FY2024 4.30% 1.14
FY2023 3.16% (1.53)
FY2022 4.69% (2.88)
FY2021 7.57% 5.87
FY2020 1.70% (2.76)
FY2019 4.46% (1.16)
FY2018 5.62% (0.44)
FY2017 6.06% 0.69
FY2016 5.37% 0.96

Against its own ten years

Low 1.70% High 7.57%
Ten-year median 4.69%
Current reading's percentile 91

Return on invested capital against peers

Company Return on invested capital
JBL Jabil, Inc. compare 38.6%
FN Fabrinet compare 18.3%
APH Amphenol Corporation compare 16.9%
VICR Vicor Corporation compare 14.5%
TEL TE Connectivity Ltd. compare 13.6%
FLEX Flex Ltd. compare 11.5%
SANM Sanmina Corporation compare 10.7%
TTMI TTM Technologies, Inc. compare 8.70%
GLW Corning Incorporated 8.52%
Electronic Components industry median 2.28%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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