Corning Incorporated

As of June 30, 2026, Corning Inc carries a market capitalization of 217.90B, placing it among publicly traded companies globally. Its enterprise value stands at 225.34B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Corning Inc's next confirmed earnings release is scheduled for October 27, 2026.

As of June 30, 2026, Corning Inc has 859.64M shares outstanding.

As of June 30, 2026, Corning Inc trades at a trailing price-to-earnings ratio of 114.43. The price-to-sales ratio is 12.82, and the price-to-book ratio stands at 17.35.

As of June 30, 2026, Corning Inc trades at an EV/EBITDA multiple of 55.86 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 13.28 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 86.74 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Corning Inc trades at an EV/FCF ratio of 53.36, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 225.34B versus a market cap of 217.90B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Corning Inc maintains a current ratio of 1.81, meaning it holds 1.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 71.45, indicating elevated leverage, while an interest coverage ratio of 11.30 demonstrates strong ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Corning Inc posted a return on equity (ROE) of 16.05, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 10.51 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 6.16, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 9.56, useful for judging operating efficiency across full business cycles. The company generates approximately 263,109.73 in revenue per employee across its workforce of 64,475.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 3.32 indicates how many times Corning Inc sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, Corning Inc recorded 332.00M in income tax expense. That works out to an effective tax rate of 13.80, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 2.41B, leaving 1.90B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, Corning Inc's stock has gained approximately 46.99% over the past 52 weeks. The 50-day moving average sits at 152.32, while the 200-day moving average is 153.54.

Over the twelve months ended June 30, 2026, Corning Inc generated 16.96B in revenue and converted that into 1.90B in net income, yielding earnings per share of 2.38. EBITDA reached 4.03B, while operating income came in at 2.60B.

As of June 30, 2026, Corning Inc holds 2.50B in cash and equivalents against 9.38B in total debt, resulting in a net debt position of 5.92B. Total book value stands at 12.56B, with working capital of 4.90B providing operational flexibility.

Corning Inc produced 3.92B in operating cash flow over the twelve months ended June 30, 2026.

Over the twelve months ended June 30, 2026, Corning Inc posted a gross margin of 36.38, reflecting its pricing power and cost economics. The operating margin of 15.31 and net profit margin of 11.20 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, Corning Inc paid dividends of 1.16 per share. The dividend payout ratio of 44.08 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 1.77, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 0.71, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Corning Inc shareholders.

Corning Inc's most recent stock split took place on October 4, 2000 with a 1:3 split ratio.

As of June 30, 2026, Corning Inc has an Altman Z-Score of 8.43, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.