Corning Incorporated GLW
- Market cap
- $135.2B
- P/E
- 70.9×
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Corning Incorporated (GLW) 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
Annual
| 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
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| JBL Jabil, Inc. compare | 31.6% |
| 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)
More on GLW
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement