Tearsheet

Corning (GLW)

Market Price (9/17/2025): $78.7 | Market Cap: $67.3 Bil
Sector: Information Technology | Industry: Electronic Components

Corning (GLW)

Market Price (9/17/2025): $78.7
Market Cap: $67.3 Bil
Sector: Information Technology
Industry: Electronic Components

Investment Highlights

0	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, CFO LTM is 2.2 Bil	Trading close to highs Dist 52W High is 0.0%, Dist 3Y High is 0.0%	Expensive valuation multiples P/EPrice/Earnings or Price/(Net Income) is 82x
1	Low stock price volatility Vol 12M is 33%		Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.3%

0	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, CFO LTM is 2.2 Bil
1	Low stock price volatility Vol 12M is 33%
2	Trading close to highs Dist 52W High is 0.0%, Dist 3Y High is 0.0%
3	Expensive valuation multiples P/EPrice/Earnings or Price/(Net Income) is 82x
4	Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.3%

Market Valuation

	9/17/25	2024	2023	2022	2021
Share Price CYE	$78.70	$46.79	$29.13	$29.49	$33.35
Market Cap CYE ($ Bil)	67.3	39.9	24.7	24.9	28.3
Total Debt ($ Bil)	8.5	8.1	8.5	7.8	7.8
Total Cash ($ Bil)	1.5	1.8	1.8	1.7	2.1
Enterprise Value ($ Bil)	74.3	48.0	33.2	32.7	36.1
Valuation Ratios
P/S TTM	4.7	3.1	2.0	1.9	2.2
P/EBIT TTM	45.0	35.5	22.6	12.9	11.3
P/E TTM	82.2	80.1	44.4	20.5	16.2
Sector Ratios
P/S TTM (Sector)	3.2	3.1	2.8	2.5	5.0
P/EBIT TTM (Sector)	4.0	-0.0	-0.1	-0.5	1.7
P/E TTM (Sector)	-0.4	-0.3	-0.4	-0.5	0.0

	9/17/25	2024	2023
Share Price CYE	$78.70	$46.79	$29.13
Market Cap CYE ($ Bil)	67.3	39.9	24.7
Total Debt ($ Bil)	8.5	8.1	8.5
Total Cash ($ Bil)	1.5	1.8	1.8
Enterprise Value ($ Bil)	74.3	48.0	33.2
Valuation Ratios
P/S TTM	4.7	3.1	2.0
P/EBIT TTM	45.0	35.5	22.6
P/E TTM	82.2	80.1	44.4
Sector Ratios
P/S TTM (Sector)	3.2	3.1	2.8
P/EBIT TTM (Sector)	4.0	-0.0	-0.1
P/E TTM (Sector)	-0.4	-0.3	-0.4

Stock Price
Market Cap

Stock Price Chart

Return (1Y):

Market Cap Chart

Business Description

Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment offers glass substrates for liquid crystal displays and organic light-emitting diodes used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, including cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. Show more

Price Returns Compared

Expand for Detailed View

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
GLW Return	28%	6%	-12%	-1%	61%	68%	212%
Peers Return	16%	33%	-14%	-5%	34%	55%	162%
S&P 500 Return	16%	27%	-19%	24%	23%	12%	104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: TMO, DHR, BDC, COMM, APH. See GLW Returns vs. Peers.
[3] 2025 data is for the year up to 9/16/2025 (YTD)

Interactive Breakdown

Corning Interactive Breakdown Analysis

Better Bets than Corning (GLW)

	GLW	Better Performance than GLW
Metric	Value	Industry (Electronic Components)
Rev Chg LTM	14.6%	APH (40.5%), CLS (20.5%), COHR (23.4%), OUST (26.4%), LYTS (22.1%)
Rev Chg 3Y Avg	-0.3%	APH (17.5%), CLS (19.2%), COHR (23.4%), BDC (2.3%), OUST (49.5%)
Op Mgn LTM	12.1%	APH (23.0%), LFUS (13.8%), BELFA (12.9%), MPTI (18.0%)
CFO/Rev LTM	15.4%	APH (19.8%), LFUS (17.2%), KN (22.3%), MPTI (16.4%)
FCF/Rev LTM	8.4%	APH (15.0%), LFUS (13.9%), BDC (8.6%), KN (19.4%), BELFA (11.1%)
Total Yield	2.7%	APH (2.7%), LFUS (2.7%), BDC (4.2%), BELFA (3.0%), LYTS (3.9%)

	GLW	Better Performance than GLW
Metric	Value	Sector (Information Technology)
Rev Chg LTM	14.6%	NVDA (71.6%), MSFT (14.9%), AVGO (28.0%), PLTR (38.8%), AMD (27.2%)
Rev Chg 3Y Avg	-0.3%	NVDA (92.0%), MSFT (12.5%), AAPL (1.8%), AVGO (24.0%), ORCL (10.7%)
Op Mgn LTM	12.1%	NVDA (58.1%), MSFT (45.6%), AAPL (31.9%), AVGO (39.0%), ORCL (31.5%)
CFO/Rev LTM	15.4%	NVDA (46.6%), MSFT (48.3%), AAPL (26.6%), AVGO (42.4%), ORCL (36.3%)
FCF/Rev LTM	8.4%	NVDA (43.6%), MSFT (25.4%), AAPL (23.5%), AVGO (41.6%), PLTR (49.7%)
Total Yield	2.7%	MSFT (3.3%), AAPL (3.2%), CSCO (6.3%), IBM (5.0%), CRM (3.4%)

	GLW	Better Performance than GLW
Metric	Value	All Other Sectors
Rev Chg LTM	14.6%	META (19.4%), LLY (36.8%), NFLX (14.8%), MS (16.7%), RTX (15.4%)
Rev Chg 3Y Avg	-0.3%	GOOGL (10.2%), AMZN (11.3%), META (13.0%), TSLA (12.9%), BRK-B (16.6%)
Op Mgn LTM	12.1%	GOOGL (32.7%), META (42.9%), LLY (43.0%), V (66.5%), MA (58.0%)
CFO/Rev LTM	15.4%	GOOGL (36.0%), AMZN (18.1%), META (56.4%), TSLA (17.0%), LLY (20.5%)
FCF/Rev LTM	8.4%	GOOGL (18.0%), META (30.7%), V (56.8%), MA (49.2%), NFLX (20.4%)
Total Yield	2.7%	GOOGL (4.1%), AMZN (2.8%), META (3.6%), BRK-B (5.9%), JPM (6.6%)

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	GLW Shares Rally 21% In A Month, Now Is Not The Time To Buy The Stock	Buy or Fear
2	Day 11 of Gains Streak for Corning Stock with 17% Return (vs. 68% YTD) [9/16/2025]	Notification
3	Day 10 of Gains Streak for Corning Stock with 16% Return (vs. 67% YTD) [9/15/2025]	Notification
4	Corning Earnings Notes
5	Day 9 of Gains Streak for Corning Stock with 15% Return (vs. 65% YTD) [9/12/2025]	Notification
6	Day 8 of Gains Streak for Corning Stock with 13% Return (vs. 61% YTD) [9/11/2025]	Notification
7	With GLW Up 16% in a Month, Is It Time to Compare It Against APH?	Counter-Intuitive Comparisons
8	Day 7 of Gains Streak for Corning Stock with 12% Return (vs. 60% YTD) [9/10/2025]	Notification
9	Day 6 of Gains Streak for Corning Stock with 8% Return (vs. 55% YTD) [9/9/2025]	Notification
10	Day 5 of Gains Streak for Corning Stock with 7.6% Return (vs. 54% YTD) [9/8/2025]	Notification
11	ARTICLES
12	GLW Shares Rally 21% In A Month, Now Is Not The Time To Buy The Stock		September 17th, 2025
13	Large Cap Stocks Trading At 52-Week High		September 17th, 2025
14	GLW Stock Up 17% after 11-Day Win Streak		September 17th, 2025
15	GLW Stock Up 16% after 10-Day Win Streak		September 16th, 2025
16	Large Cap Stocks Trading At 52-Week High		September 13th, 2025

	Title
0	DASHBOARDS
1	GLW Shares Rally 21% In A Month, Now Is Not The Time To Buy The Stock
2	Large Cap Stocks Trading At 52-Week High
3	GLW Stock Up 17% after 11-Day Win Streak
4	GLW Stock Up 16% after 10-Day Win Streak
5	Large Cap Stocks Trading At 52-Week High
6	ARTICLES
7	GLW Shares Rally 21% In A Month, Now Is Not The Time To Buy The Stock
8	Day 11 of Gains Streak for Corning Stock with 17% Return (vs. 68% YTD) [9/16/2025]
9	Day 10 of Gains Streak for Corning Stock with 16% Return (vs. 67% YTD) [9/15/2025]
10	Corning Earnings Notes
11	Day 9 of Gains Streak for Corning Stock with 15% Return (vs. 65% YTD) [9/12/2025]
12	Day 8 of Gains Streak for Corning Stock with 13% Return (vs. 61% YTD) [9/11/2025]
13	With GLW Up 16% in a Month, Is It Time to Compare It Against APH?
14	Day 7 of Gains Streak for Corning Stock with 12% Return (vs. 60% YTD) [9/10/2025]
15	Day 6 of Gains Streak for Corning Stock with 8% Return (vs. 55% YTD) [9/9/2025]
16	Day 5 of Gains Streak for Corning Stock with 7.6% Return (vs. 54% YTD) [9/8/2025]

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	FGI	FGI Industries	139.3%	145.2%
2	CODX	Co-Diagnostics	80.8%	-14.8%
3	CNFR	Conifer	55.5%	50.4%
4	BGI	Birks	55.4%	-18.1%
5	FLUX	Flux Power	52.2%	99.4%
6	BOXL	Boxlight	45.7%	32.1%
7	LVRO	Lavoro	45.5%	-57.4%
8	NFE	New Fortress Energy	44.9%	-86.8%
9	WBTN	Webtoon Entertainment	39.0%	53.2%
10	HCWC	Healthy Choice Wellness	37.5%	-34.7%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	REX	REX American Resources	-50.1%	46.1%
2	XAGE	Longevity Health	-39.3%	-86.1%
3	BNGO	Bionano Genomics	-35.7%	-89.7%
4	IHT	InnSuites Hospitality Trust	-30.7%	7.3%
5	LUD	Luda Technology	-28.6%
6	NAOV	NanoVibronix	-28.5%	-88.2%
7	GDC	GD Culture	-28.2%	269.8%
8	ASST	Strive	-28.0%	813.4%
9	BIAF	bioAffinity Technologies	-25.5%	-71.3%
10	FAAS	DigiAsia	-23.9%	-87.2%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	BDSX	Biodesix	1313.2%	-78.6%
2	CLSD	Clearside Biomedical	954.0%	-74.9%
3	SDOT	Sadot	624.1%	-79.4%
4	WLDS	Wearable Devices	498.0%	-30.0%
5	CHEK	Check-Cap	285.6%	154.6%
6	ATCH	AtlasClear	275.9%	-91.0%
7	HSDT	Helius Medical Technologies	262.5%	-95.6%
8	OPI	Office Properties Income Trust	261.7%	-13.4%
9	FGI	FGI Industries	156.8%	145.2%
10	AIRE	ReAlpha Tech	154.0%	-56.1%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	NAKA	Kindly MD	-81.4%
2	ATYR	aTyr Pharma	-79.7%	-70.2%
3	LGCL	Lucas GC	-73.6%	-77.1%
4	EPSM	Epsium Enterprise	-70.1%
5	BNGO	Bionano Genomics	-59.4%	-89.7%
6	FAAS	DigiAsia	-58.5%	-87.2%
7	QMMM	QMMM	-57.5%	6775.0%
8	VCIG	VCI Global	-56.9%	-99.1%
9	YYGH	YY	-56.6%	-78.5%
10	XAGE	Longevity Health	-55.5%	-86.1%

1 Month Top Gainers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PMI	Picard Medical	11963.5%	11963.5%
2	GIBO	GIBO	9734.4%
3	CHSN	Chanson International	7565.0%	-99.3%
4	LNZA	LanzaTech Global	7287.5%	-86.0%
5	QMMM	QMMM	3031.7%	6775.0%
6	OESX	Orion Energy Systems	1497.9%	22.9%
7	CURX	Curanex Pharmaceuticals	1401.6%	1401.6%
8	ENTO	Entero Therapeutics	565.6%	117.6%
9	PTNM	Pitanium	553.2%
10	WLDS	Wearable Devices	449.5%	-30.0%

1 Month Top Losers

#	Ticker	Company	1M Rtn	YTD Rtn
1	CJET	Chijet Motor	-92.2%	-95.0%
2	STFS	Star Fashion Culture	-92.2%	-97.8%
3	ELPW	Elong Power	-91.6%	-76.7%
4	NXTT	Next Technology	-89.6%	-95.1%
5	NAKA	Kindly MD	-89.0%
6	BINI	Bollinger Innovations	-88.9%	-100.0%
7	JEM	707 Cayman	-88.4%	-98.2%
8	YAAS	Youxin Technology	-82.5%	-98.3%
9	NEON	Neonode	-82.0%	-50.2%
10	NVNO	enVVeno Medical	-81.5%	-69.8%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	FGI	FGI Industries	139.3%	145.2%
2	CODX	Co-Diagnostics	80.8%	-14.8%
3	CNFR	Conifer	55.5%	50.4%
4	BGI	Birks	55.4%	-18.1%
5	FLUX	Flux Power	52.2%	99.4%
6	BOXL	Boxlight	45.7%	32.1%
7	LVRO	Lavoro	45.5%	-57.4%
8	NFE	New Fortress Energy	44.9%	-86.8%
9	WBTN	Webtoon Entertainment	39.0%	53.2%
10	HCWC	Healthy Choice Wellness	37.5%	-34.7%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	REX	REX American Resources	-50.1%	46.1%
2	XAGE	Longevity Health	-39.3%	-86.1%
3	BNGO	Bionano Genomics	-35.7%	-89.7%
4	IHT	InnSuites Hospitality Trust	-30.7%	7.3%
5	LUD	Luda Technology	-28.6%
6	NAOV	NanoVibronix	-28.5%	-88.2%
7	GDC	GD Culture	-28.2%	269.8%
8	ASST	Strive	-28.0%	813.4%
9	BIAF	bioAffinity Technologies	-25.5%	-71.3%
10	FAAS	DigiAsia	-23.9%	-87.2%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	BDSX	Biodesix	1313.2%	-78.6%
2	CLSD	Clearside Biomedical	954.0%	-74.9%
3	SDOT	Sadot	624.1%	-79.4%
4	WLDS	Wearable Devices	498.0%	-30.0%
5	CHEK	Check-Cap	285.6%	154.6%
6	ATCH	AtlasClear	275.9%	-91.0%
7	HSDT	Helius Medical Technologies	262.5%	-95.6%
8	OPI	Office Properties Income Trust	261.7%	-13.4%
9	FGI	FGI Industries	156.8%	145.2%
10	AIRE	ReAlpha Tech	154.0%	-56.1%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	NAKA	Kindly MD	-81.4%
2	ATYR	aTyr Pharma	-79.7%	-70.2%
3	LGCL	Lucas GC	-73.6%	-77.1%
4	EPSM	Epsium Enterprise	-70.1%
5	BNGO	Bionano Genomics	-59.4%	-89.7%
6	FAAS	DigiAsia	-58.5%	-87.2%
7	QMMM	QMMM	-57.5%	6775.0%
8	VCIG	VCI Global	-56.9%	-99.1%
9	YYGH	YY	-56.6%	-78.5%
10	XAGE	Longevity Health	-55.5%	-86.1%

Peer Comparisons for Corning

Financials

	GLW	TMO	DHR	BDC	COMM	APH	Median
Name	Corning	Thermo F.	Danaher	Belden	CommScope	Amphenol
Mkt Price	78.70	480.74	190.47	129.45	16.36	119.04	124.25
Mkt Cap	67.3	181.7	136.5	5.2	3.6	144.7	101.9
Rev LTM	14,206	43,211	24,013	2,550	4,752	18,818	16,512
Op Inc LTM	1,713	7,860	4,417	286	586	4,330	3,022
FCF LTM	1,194	6,170	4,862	220	248	2,817	2,006
FCF 3Y Avg	796	6,662	5,733	215	200	2,356	1,576
CFO LTM	2,181	7,578	6,169	357	290	3,733	2,957
CFO 3Y Avg	2,042	8,206	7,013	339	253	2,935	2,489

Growth & Margins

	GLW	TMO	DHR	BDC	COMM	APH	Median
Name	Corning	Thermo F.	Danaher	Belden	CommScope	Amphenol
Rev Chg LTM	14.6%	2.0%	1.9%	6.0%	20.9%	40.5%	10.3%
Rev Chg 3Y Avg	-0.3%	0.3%	-2.6%	2.3%	-9.2%	17.5%	-0.0%
Rev Chg Q	18.8%	3.0%	3.4%	16.6%	31.7%	56.5%	17.7%
QoQ Delta Rev Chg LTM	4.5%	0.7%	0.8%	3.6%	7.6%	12.2%	4.1%
Op Mgn LTM	12.1%	18.2%	18.4%	11.2%	12.3%	23.0%	15.3%
Op Mgn 3Y Avg	8.4%	17.4%	21.6%	11.8%	7.8%	21.6%	14.6%
QoQ Delta Op Mgn LTM	2.3%	-0.1%	-1.9%	0.4%	2.3%	1.1%	0.8%
CFO/Rev LTM	15.4%	17.5%	25.7%	14.0%	6.1%	19.8%	16.4%
CFO/Rev 3Y Avg	15.4%	19.1%	29.9%	13.5%	5.6%	19.6%	17.2%
FCF/Rev LTM	8.4%	14.3%	20.2%	8.6%	5.2%	15.0%	11.4%
FCF/Rev 3Y Avg	6.0%	15.5%	24.4%	8.5%	4.4%	15.9%	12.0%

Valuation

	GLW	TMO	DHR	BDC	COMM	APH	Median
Name	Corning	Thermo F.	Danaher	Belden	CommScope	Amphenol
Mkt Cap	67.3	181.7	136.5	5.2	3.6	144.7	101.9
P/S	4.7	4.2	5.7	2.0	0.8	7.7	4.5
P/EBIT	45.0	21.7	31.3	18.2	6.1	33.8	26.5
P/E	82.2	27.6	40.0	24.4	4.4	45.5	33.8
P/CFO	30.9	24.0	22.1	14.6	12.3	38.8	23.1
Total Yield	2.7%	3.6%	2.5%	4.2%	22.8%	2.7%	3.2%
Dividend Yield	1.5%	0.0%	0.0%	0.1%	0.0%	0.5%	0.0%
FCF Yield 3Y Avg	2.1%	3.6%	3.4%	5.2%	18.7%	3.0%	3.5%
D/E	0.1	0.2	0.1	0.2	2.0	0.1	0.2
Net D/E	0.1	0.2	0.1	0.2	1.9	0.0	0.1

Returns

	GLW	TMO	DHR	BDC	COMM	APH	Median
Name	Corning	Thermo F.	Danaher	Belden	CommScope	Amphenol
1M Rtn	20.8%	-1.6%	-9.7%	4.3%	5.5%	9.2%	4.9%
3M Rtn	56.5%	23.3%	-2.5%	18.9%	187.0%	28.5%	25.9%
6M Rtn	68.1%	-7.6%	-10.2%	24.9%	211.6%	87.0%	46.5%
12M Rtn	87.4%	-21.4%	-30.6%	25.5%	186.5%	90.1%	56.4%
3Y Rtn	168.0%	-10.4%	-21.5%	100.5%	36.3%	237.2%	68.4%
1M Excs Rtn	18.3%	-4.0%	-12.1%	1.9%	3.1%	6.7%	2.5%
3M Excs Rtn	46.1%	9.3%	-14.6%	8.7%	178.0%	18.4%	13.8%
6M Excs Rtn	53.2%	-23.7%	-26.5%	9.5%	195.2%	71.1%	31.3%
12M Excs Rtn	74.0%	-39.5%	-47.8%	10.4%	195.3%	71.5%	41.0%
3Y Excs Rtn	93.0%	-77.2%	-87.6%	35.2%	-31.7%	160.7%	1.8%

Comparison Analyses

	Title
0	GLW or TMO - With 9.3% Return Forecast, TMO Probably Deserves Your Money
1	WST Looks Stronger Than GLW With 14% Return Potential
2	Why GLW With 1.0% Upside May Beat MMM?
3	GLW or CSCO - With 7.1% Return Forecast, CSCO Probably Deserves Your Money
4	Corning vs. CommScope: With Return Forecast Of 58%, CommScope Is A Better Bet
5	Corning vs. Belden: With Return Forecast Of 17%, Corning Is A Better Bet
6	Corning vs. Automatic Data Processing: With Return Forecast Of 11%, Corning Is A Better Bet
7	Corning vs. Booking Holdings: Both Seem Similar Bets
8	Corning vs. NextEra Energy: With Return Forecast Of 25%, NextEra Energy Is A Better Bet
9	Corning vs. LNG: With Return Forecast Of 60%, LNG Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	6/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	8/1/2025	2/13/2025	2/12/2024	2/13/2023	2/14/2022	2/12/2021	2/18/2020
Key Financials
Total Revenue	14,206	13,118	12,588	14,189	14,082	11,303	11,503
EBITDA	2,831	2,492	2,514	3,541	4,207	2,419	2,940
Operating Income	1,713	1,135	890	1,438	2,112	509	1,306
Net Income	819	506	581	1,316	1,906	512	960
EPS	0.95	0.59	0.69	1.56	1.30	0.54	1.11
Growth Rates
Total Revenue Growth	14.6%	4.2%	-11.3%	0.8%	24.6%	-1.7%	1.9%
EBITDA Growth	20.7%	-0.9%	-29.0%	-15.8%	73.9%	-17.7%	-1.6%
Operating Income Growth	127.2%	27.5%	-38.1%	-31.9%	314.9%	-61.0%	-17.1%
Net Income Growth	87.4%	-12.9%	-55.9%	-31.0%	272.3%	-46.7%	-9.9%
Margins
EBITDA Margin	19.9%	19.0%	20.0%	25.0%	29.9%	21.4%	25.6%
Operating Income Margin	12.1%	8.7%	7.1%	10.1%	15.0%	4.5%	11.4%
Net Income Margin	5.8%	3.9%	4.6%	9.3%	13.5%	4.5%	8.3%
Cash & Debt
Total Cash	1,491	1,768	1,779	1,671	2,148	2,672	2,434
Total Debt	8,499	8,091	8,484	7,817	7,829	8,701	8,252
Net Debt / (Cash)	7,008	6,323	6,705	6,146	5,681	6,029	5,818
Cash Flows
Net Cash from Operations	2,181	1,939	2,005	2,615	3,412	2,180	2,031
Free Cash from Operations	1,194	974	615	1,011	1,775	803	53
Returns to Shareholders
Dividends	994	986	989	932	871	787	742
Share Repurchases	193	165	507	728	781	105	940

$ Mil \| FY: 12/31	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Period End	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Filing Date	8/1/2025	5/2/2025	2/13/2025	11/1/2024	8/2/2024	5/2/2024	2/12/2024	10/30/2023	7/27/2023	4/28/2023	2/13/2023	10/27/2022
Key Financials Quarterly
Total Revenue	3,862	3,452	3,501	3,391	3,251	2,975	2,994	3,173	3,243	3,178	3,406	3,488
Ebitda	1,007	641	851	332	593	716	397	639	833	645	426	691
Operating Income	573	445	393	302	186	254	78	236	279	297	86	292
Net Income	469	157	310	-117	104	209	-40	164	281	176	-36	208
EPS	0.55	0.18	0.36	-0.14	0.12	0.25	-0.05	0.19	0.33	0.21	-0.04	0.25
Key Financials TTM
Total Revenue TTM	14,206	13,595	13,118	12,611	12,393	12,385	12,588	13,000	13,315	13,687	14,189	14,459
Ebitda TTM	2,831	2,417	2,492	2,038	2,345	2,585	2,514	2,543	2,595	2,959	3,541	4,152
Operating Income TTM	1,713	1,326	1,135	820	754	847	890	898	954	1,165	1,438	1,835
Net Income TTM	819	454	506	156	437	614	581	585	629	911	1,316	1,839
Growth Rates Quarterly
Total Revenue Growth	18.8%	16.0%	16.9%	6.9%	0.2%	-6.4%	-12.1%	-9.0%	-10.3%	-13.6%	-7.3%	-3.5%
EBITDA Growth	69.8%	-10.5%	114.4%	-48.0%	-28.8%	11.0%	-6.8%	-7.5%	-30.4%	-47.4%	-58.9%	-26.2%
Operating Income Growth	208.1%	75.2%	403.8%	28.0%	-33.3%	-14.5%	-9.3%	-19.2%	-43.1%	-47.9%	-82.2%	-47.1%
Net Income Growth	351.0%	-24.9%	875.0%	-171.3%	-63.0%	18.8%	-11.1%	-21.2%	-50.1%	-69.7%	-107.4%	-43.9%
Margins Quarterly
EBITDA Margin	26.1%	18.6%	24.3%	9.8%	18.2%	24.1%	13.3%	20.1%	25.7%	20.3%	12.5%	19.8%
Operating Income Margin	14.8%	12.9%	11.2%	8.9%	5.7%	8.5%	2.6%	7.4%	8.6%	9.3%	2.5%	8.4%
Net Income Margin	12.1%	4.5%	8.9%	-3.5%	3.2%	7.0%	-1.3%	5.2%	8.7%	5.5%	-1.1%	6.0%
Cash & Debt
Total Cash	1,491	1,359	1,768	1,613	1,419	1,365	1,779	1,639	1,538	1,146	1,671	1,630
Total Debt	8,499	8,153	8,091	8,341	8,197	8,291	8,484	8,457	8,554	7,797	7,817	7,478
Net Debt / (Cash)	7,008	6,794	6,323	6,728	6,778	6,926	6,705	6,818	7,016	6,651	6,146	5,848
Cash Flows Quarterly
FCF from Operations	708	151	623	699	521	96	713	722	619	-49	617	706
Cash Flows TTM
FCF from Operations TTM	2,181	1,994	1,939	2,029	2,052	2,150	2,005	1,909	1,893	2,032	2,615	3,021
Returns to Shareholders Quarterly
Dividends	261	242	249	242	252	243	248	246	256	239	236	234
Share Repurchases	33	100	30	30	-0	-0	-0	-0	-0	-0	-0	20
Return on Invested Capital (ROIC) Quarterly
ROIC	28.0%	20.2%	19.3%	18.0%	7.8%	11.2%	3.4%	11.6%	11.8%	15.0%	5.6%	17.4%
Return on Invested Capital (ROIC) TTM
ROIC TTM	19.4%	14.2%	13.1%	8.1%	8.6%	9.4%	10.5%	10.0%	10.5%	13.7%	18.0%	25.2%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Optical Communications	4,012	5,023	4,349	3,563	4,064
Display	3,532	3,306	3,700	3,172	3,254
Specialty Materials	1,865	2,002	2,008	1,884	1,594
Automotive	1,766	1,584	1,586	1,370	1,499
Hemlock and Emerging Growth Businesses	1,446	1,662	1,243	465	230
Life Sciences	959	1,228	1,234	998	1,015
Impact of constant-currency reporting	-992	-616	-38	-44	-153
Cumulative adjustment related to customer contract				-105
Total	12,588	14,189	14,082	11,303	11,503

Net Income by Segment

$ Mil	2024	2023	2022	2021	2020
Display	842	769	960	717	786
Optical Communications	478	661	553	366	489
Automotive	386	292	269	197	263
Specialty Materials	202	340	371	423	302
Life Sciences	50	153	194	139	150
Hemlock and Emerging Growth Businesses	15	39	-51	-214	-289
Total	1,973	2,254	2,296	1,628	1,701

Assets by Segment

$ Mil	2024	2023	2022	2021	2020
Display	7,899	8,104	8,672	8,777	9,022
Other non-current assets	6,243	6,315	6,363	6,594	5,764
Optical Communications	3,241	3,295	3,183	2,868	3,004
Current assets	2,522	2,823	3,163	3,434	3,301
Specialty Materials	2,476	2,419	2,328	2,551	2,433
Hemlock and Emerging Growth Businesses	2,307	2,136	2,024	2,157	1,028
Automotive	1,873	2,061	2,150	1,986	1,912
Property, plant and equipment, net	1,038	1,385	1,426	1,548	1,764
Life Sciences	782	862	791	683	627
Investments	119	99	54	177	43
Total	28,500	29,499	30,154	30,775	28,898

Price Behavior

Behavior Stats
Betas Matrix

Price Behavior

Market Price	$78.70
Market Cap ($ Bil)	67.3
First Trading Date	12/31/1981
Distance from 52W High	0.0%
	50 Days	200 Days
DMA Price	$63.34	$51.59
DMA Trend	up	up
Distance from DMA	24.3%	52.5%
	3M	1YR
Volatility	30.4%	32.6%
Downside Capture	-0.45	0.73
Upside Capture	175.82	141.91
Correlation (SPY)	26.8%	68.4%

GLW Betas & Captures as of 8/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.36	1.10	1.05	1.12	1.15	1.02
Up Beta	1.17	1.57	1.26	1.03	1.01	0.91
Down Beta	1.55	2.08	1.99	1.42	1.32	1.11
Up Capture	164%	168%	148%	128%	169%	135%
Bmk +ve Days	10	22	35	71	142	415
Stock +ve Days	13	25	36	69	140	395
Down Capture	101%	-100%	-31%	86%	102%	101%
Bmk -ve Days	11	19	27	54	106	334
Stock -ve Days	8	17	26	56	108	352

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date	8292025
Short Interest: Shares Quantity	11,160,908
Short Interest: % Change Since 8152025	-1.4%
Average Daily Volume	5,014,768
Days-to-Cover Short Interest	2.23
Basic Shares Quantity	855,000,000
Short % of Basic Shares	1.3%

Returns Analyses

	Title
0	Corning During 2008 Recession vs. 2022 Inflation Shock: GLW Stock Is Now 92% Higher Than Its Pre-Shock High
1	Corning Stock Return Comparison
2	[9/30/2021] Corning (GLW) Stock Price Forecast: AI Forecasts GLW Stock Price To Be Around $37.6 In A Month (Up 3.2%)
3	Corning Total Shareholder Return (TSR): ...% in 2023 and 0.0% 3-yr returns (below peer average)

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
7/29/2025	11.9%	14.6%	22.1%
4/29/2025	0.8%	3.0%	12.1%
1/29/2025	-2.8%	1.6%	-4.4%
10/29/2024	4.7%	0.4%	3.1%
7/30/2024	-6.9%	-11.5%	-0.4%
4/30/2024	5.0%	5.2%	11.9%
1/30/2024	6.9%	2.8%	3.9%
10/24/2023	-0.3%	-1.0%	5.4%
...
SUMMARY STATS
# Positive	11	12	14
# Negative	13	12	10
Median Positive	3.1%	2.9%	6.7%
Median Negative	-2.8%	-2.5%	-4.3%
Max Positive	11.9%	19.5%	22.1%
Max Negative	-6.9%	-11.5%	-13.4%

	Forward Returns
7/29/2025	11.9%	14.6%	22.1%
4/29/2025	0.8%	3.0%	12.1%
1/29/2025	-2.8%	1.6%	-4.4%
10/29/2024	4.7%	0.4%	3.1%
7/30/2024	-6.9%	-11.5%	-0.4%
4/30/2024	5.0%	5.2%	11.9%
1/30/2024	6.9%	2.8%	3.9%
10/24/2023	-0.3%	-1.0%	5.4%
7/25/2023	2.4%	2.3%	-3.7%
4/25/2023	-2.3%	-1.6%	-8.6%
1/31/2023	-4.9%	-3.8%	-4.9%
10/25/2022	-1.9%	-0.5%	6.0%
7/26/2022	1.3%	5.5%	1.6%
4/26/2022	3.1%	4.5%	-3.3%
1/26/2022	11.2%	19.5%	14.8%
10/26/2021	-5.3%	-5.6%	2.8%
7/27/2021	-1.3%	0.1%	-1.4%
4/27/2021	-3.4%	-2.8%	-4.9%
1/27/2021	-5.2%	-2.3%	2.0%
10/27/2020	-4.1%	-5.2%	10.2%
7/28/2020	-1.3%	0.9%	7.4%
4/28/2020	2.4%	-5.7%	7.9%
1/29/2020	1.2%	-1.5%	-13.4%
10/29/2019	-1.1%	-1.8%	-4.1%
SUMMARY STATS
# Positive	11	12	14
# Negative	13	12	10
Median Positive	3.1%	2.9%	6.7%
Median Negative	-2.8%	-2.5%	-4.3%
Max Positive	11.9%	19.5%	22.1%
Max Negative	-6.9%	-11.5%	-13.4%

SEC Filings

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Report Date	Filing Date	Filing
6302025	8012025	10-Q 6/30/2025
3312025	5022025	10-Q 3/31/2025
12312024	2132025	10-K 12/31/2024
9302024	11012024	10-Q 9/30/2024
6302024	8022024	10-Q 6/30/2024
3312024	5022024	10-Q 3/31/2024
12312023	2122024	10-K 12/31/2023
9302023	10302023	10-Q 9/30/2023
6302023	7272023	10-Q 6/30/2023
3312023	4282023	10-Q 3/31/2023
12312022	2132023	10-K 12/31/2022
9302022	10272022	10-Q 9/30/2022
6302022	7292022	10-Q 6/30/2022
3312022	4292022	10-Q 3/31/2022
12312021	2142022	10-K 12/31/2021
9302021	10292021	10-Q 9/30/2021

Insider Activity

Expand for More

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	WEEKS WENDELL P	Chairman and CEO	8082025	Sell	65.19	82,103	5,351,933	52,754,380	Form
1	Musser Eric S	President	8082025	Sell	65.88	20,000	1,317,576	10,746,809	Form
2	Verkleeren Ronald L	SVP Emerging Innovations Group	6122025	Sell	50.52	20,000	1,010,406	2,742,646	Form
3	Musser Eric S	President and COO	6102025	Sell	51.11	20,000	1,022,284	9,360,543	Form
4	Schlesinger Edward A	Exec. Vice President and CFO	6042025	Sell	49.85	4,464	222,534	4,606,114	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Corning (GLW)

Market Price (9/17/2025): $78.7 | Market Cap: $67.3 BilSector: Information Technology | Industry: Electronic Components

Corning (GLW)

Market Price (9/17/2025): $78.7Market Cap: $67.3 BilSector: Information TechnologyIndustry: Electronic Components

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Market Price (9/17/2025): $78.7 | Market Cap: $67.3 Bil
Sector: Information Technology | Industry: Electronic Components

Market Price (9/17/2025): $78.7
Market Cap: $67.3 Bil
Sector: Information Technology
Industry: Electronic Components