Corning Inc

Corning Inc

GLW.DE
Corning IncDE flagDeutsche Börse
160.82
EUR
+1.14
- -
138.41BMarket Cap
Corning Inc
GLW.DE
(Deutsche Börse)

Recent

price

160.82

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.25
5.05
5.36
5.38
7.44
7.47
9.21
11.3
13.84
14.82
14.85
17.01
16.83
14.84
15.38
18.28
19.07
Revenue per Share
2.28
1.8
1.1
1.35
1.82
1.02
3.53
-0.66
1.19
1.11
0.54
2.27
1.56
0.69
0.59
1.87
2.11
Basic EPS, GAAP
2.46
2.04
2.15
1.92
3.61
2.32
2.49
2.24
3.49
2.61
2.86
4.12
3.1
2.36
2.27
3.15
3.39
Free Cash Flow per Basic Share
0.2
0.23
0.32
0.39
0.45
0.56
0.63
0.73
0.84
0.96
1.03
1.05
1.11
1.17
1.16
1.17
1.17
Dividend per Share
4.93
6.5
7.2
8.37
10.62
12.04
17.38
18.75
21.03
22.25
22.32
20.89
20.98
20.41
19.75
20.44
20.57
Book Value per Share
11.99
12.93
13.41
13.55
13.57
11.88
13.03
12.19
10.24
9.76
9.7
10.84
10.5
10.12
9.33
10.71
10.79
Tangible Book Value per Share
1,561
1,562
1,494
1,452
1,305
1,219
1,020
895
816
776
761
828
843
848
853
855
856
Basic Weighted Avg Shares
6,632
7,890
8,012
7,819
9,715
9,111
9,390
10,116
11,290
11,503
11,303
14,082
14,189
12,588
13,118
15,629
16,321
Sales/Revenue/Turnover
25.45
26.41
17.59
18.63
20.61
14.51
15.99
15.9
13.95
11.35
4.5
15
10.13
7.07
8.65
14.58
15.15
Operating Margin (%)
854
957
997
1,002
1,200
1,184
1,195
1,158
1,293
1,503
1,520
1,481
1,452
1,369
1,350
1,347
1,385
Depreciation Expense
3,558
2,817
1,636
1,961
2,472
1,339
3,695
-497
1,066
960
512
1,906
1,316
581
506
1,596
1,810
Net Income, GAAP
7.46
12.81
17.16
20.7
30.72
9.89
- -
129.99
29.08
21.05
17.82
20.24
22.87
20.59
27.18
15.11
16.06
Effective Tax Rate (%)
53.65
35.7
20.42
25.08
25.45
14.7
39.35
-4.91
9.44
8.35
4.53
13.54
9.27
4.62
3.86
10.21
11.09
Profit Margin (%)
6,873
6,580
7,739
7,145
7,914
5,455
6,297
5,618
3,723
3,942
4,237
2,853
2,278
2,893
3,073
3,308
3,610
Working Capital
2,262
2,364
3,382
3,272
3,227
3,890
3,646
4,749
5,994
8,179
8,449
7,680
7,482
8,052
7,670
8,476
8,570
LT Debt
19,426
21,129
21,533
21,211
21,652
18,863
17,960
15,770
13,886
12,997
13,448
12,545
12,275
11,868
11,070
12,307
12,349
Total Equity
7.95
7.98
4.76
4.63
5.59
4.93
- -
-2.25
5.45
4.98
1.92
7.87
5.45
3.48
4.17
9.44
9.96
Return on Invested Capital (%)
44.18
25.55
12.87
13.82
14.62
7.15
- -
-2.25
4.82
4.24
2.63
7.91
5.76
2.99
2.56
6.59
7.29
Return on Capital (%)
58.63
31.57
15.65
17.12
18.29
8.7
22.21
-3.45
5.7
5.01
2.42
10.98
7.52
3.32
2.96
9.3
10.53
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
904
901
1,354
LT Borrowings
7,407
7,630
7,718
LT Finance Leases
874
846
852
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
856
857
859
Market Capitalization
69,042
76,248
111,791

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
8,677
8,936
9,526
Cash, Cash Equivalents & STI
1,648
1,526
1,755
Accounts Receivable, Net
2,509
2,779
2,676
Inventories
3,104
3,077
3,279
Total Current Liabilities
5,577
5,628
5,916
Payables & Accruals
2,867
2,943
2,873
ST Debt
904
901
1,354
Deferred Revenue
392
386
414

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.96%
-1.55%
11.17%
Free Cash Flow
3.52%
9.1%
38.99%
Net Income, GAAP
7.94%
77.6%
215.42%
Sales/Revenue/Turnover
6%
7.48%
19.14%
Total Cash Common Dividend
5.82%
8.02%
1.32%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,975
3,251
3,391
3,501
13,118
2025
3,452
3,862
4,100
4,215
15,629
2026
4,144
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
0.12
-0.14
0.36
0.59
2025
0.18
0.55
- -
0.63
1.87
2026
0.43
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.29
0.3
0.28
0.29
1.16
2025
0.28
0.31
- -
0.3
1.17
2026
0.28
- -
- -
- -
- -
Business
Corning Incorporated is a multinational technology company specializing in materials science with a focus on glass, ceramics, and related advanced materials. Its core products and services include damage-resistant cover glass for mobile devices under the Gorilla Glass brand; optical fiber, optical cable, and photonic components for telecommunications and data networks; precision glass substrates for advanced display technologies such as LCD and OLED panels; specialty ceramics and automotive glass products including emission control substrates; and life sciences products which encompass innovative vessels, advanced cell culture surfaces, and bioprocess scale-up technologies for drug discovery and delivery. Corning’s products serve markets including life sciences, optical communications, mobile consumer electronics, display, and automotive sectors, with operations primarily in the United States and globally. Founded in 1851 and headquartered in Corning, New York, Corning has evolved through strategic divestitures and acquisitions to focus on high-technology materials and solutions. Recent major changes include an accelerated strategic pivot towards AI-driven optical communications and digital infrastructure, evidenced by a 46% year-over-year revenue surge in its Optical Communications segment during Q1 2025. The company has strengthened partnerships with technology leaders like Apple and Broadcom to advance its glass manufacturing and wireless solutions capabilities. Leadership changes in 2025, including the appointment of Tony Dorazio as CEO of Corning Energy, signal a new emphasis on renewable energy and advanced materials for energy storage. Corning also recently upgraded its Springboard plan to target over $4 billion in additional annualized sales and a 20% operating margin by the end of 2026, reflecting a focus on profitable organic growth and innovation in core technology platforms. Corning operates through segments such as Optical Communications, Display Technologies, Specialty Materials, and Life Sciences, serving a broad customer base from telecommunications companies and display manufacturers to pharmaceutical and biotechnology firms. It maintains manufacturing and R&D facilities across North America, Asia, and Europe. The company’s innovation spans foundational material sciences and process engineering, enabling it to address emerging technological shifts in AI, digital infrastructure, and sustainable energy solutions while continuing to deliver trusted products like Gorilla Glass and advanced optical fiber components. This positions Corning as a key enabler of technological progress across multiple high-growth industries.