How Does Corning Stock Compare With Peers?
Corning’s stock has outperformed most peers over the past year, but how does it truly measure up against the rapidly evolving tech landscape? A closer look reveals strong revenue growth (18.3%) but a premium valuation (PE ratio 68.77) and moderate profitability (LTM operating margin 13.4%). Limited upside remains as hyperscale demands might favor more specialized players over diversified industrial technology firms.
- GLW’s 13.4% operating margin, below DHR’s 19.0%, reflects DHR’s focus on high-margin biotechnology and diagnostics sectors.
- GLW’s 18.3% revenue growth, outpacing TMO, DHR, BDC but behind COMM, shows stronger demand for GLW’s optical/display tech versus peers’ diverse markets.
- GLW’s 125.8% gain and 68.8 PE signal high growth expectations from its tech-driven portfolio, despite COMM’s stronger market returns.
Here’s how Corning stacks up across size, valuation, and profitability versus key peers.
| GLW | TMO | DHR | BDC | COMM | |
|---|---|---|---|---|---|
| Market Cap ($ Bil) | 93.9 | 235.8 | 167.5 | 4.6 | 4.3 |
| Revenue ($ Bil) | 14.9 | 43.7 | 24.3 | 2.7 | 5.3 |
| PE Ratio | 68.8 | 35.9 | 47.8 | 20.4 | 4.7 |
| LTM Revenue Growth | 18.3% | 3.2% | 2.2% | 13.4% | 33.8% |
| LTM Operating Margin | 13.4% | 18.4% | 19.0% | 11.2% | 14.7% |
| LTM FCF Margin | 7.8% | 14.0% | 20.7% | 8.0% | 5.1% |
| 12M Market Return | 125.8% | 7.3% | -5.3% | 3.1% | 307.1% |
For more details on Corning, read Buy or Sell GLW Stock. Below we compare GLW’s growth, margin, and valuation with peers across years
Revenue Growth Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| GLW | 18.3% | 4.2% | -11.3% | 0.8% |
| TMO | 3.2% | 0.1% | -4.6% | 14.5% |
| DHR | 2.2% | -0.1% | -10.3% | 7.4% |
| BDC | 13.4% | -2.0% | -3.6% | 13.3% |
| COMM | 33.8% | -7.9% | -21.1% | -14.1% |
Operating Margin Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| GLW | 13.4% | 8.7% | 7.1% | 10.1% |
| TMO | 18.4% | 18.0% | 17.1% | 18.9% |
| DHR | 19.0% | 20.4% | 21.8% | 28.3% |
| BDC | 11.2% | 10.8% | 12.2% | 12.5% |
| COMM | 14.7% | 6.4% | 4.3% | 3.9% |
PE Ratio Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| GLW | 68.8 | 147.6 | 69.4 | 19.5 |
| TMO | 35.9 | 34.9 | 33.5 | 29.9 |
| DHR | 47.8 | 42.9 | 35.5 | 23.3 |
| BDC | 20.4 | 23.9 | 19.6 | 13.3 |
| COMM | 4.7 | -12.3 | -0.7 | -0.5 |
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