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Corning Incorporated (GLW)

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40.64 -0.73 (-1.76%)
At close: September 6 at 4:00 PM EDT
40.40 -0.24 (-0.60%)
After hours: September 6 at 7:44 PM EDT
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DELL
  • Previous Close 41.37
  • Open 41.68
  • Bid 40.29 x 900
  • Ask 40.75 x 1100
  • Day's Range 40.33 - 42.15
  • 52 Week Range 25.26 - 46.39
  • Volume 4,653,163
  • Avg. Volume 7,991,716
  • Market Cap (intraday) 35.4B
  • Beta (5Y Monthly) 1.04
  • PE Ratio (TTM) 81.28
  • EPS (TTM) 0.50
  • Earnings Date Oct 22, 2024 - Oct 28, 2024
  • Forward Dividend & Yield 1.12 (2.71%)
  • Ex-Dividend Date Aug 30, 2024
  • 1y Target Est 43.64

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are 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, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. The company's Specialty Materials segment manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for various markets comprising mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products, including consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Pyrex, Falcon, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

www.corning.com

49,800

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: GLW

Trailing total returns as of 9/6/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

GLW
36.57%
S&P 500
13.39%

1-Year Return

GLW
30.41%
S&P 500
20.27%

3-Year Return

GLW
13.17%
S&P 500
19.25%

5-Year Return

GLW
65.31%
S&P 500
81.73%

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Statistics: GLW

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Valuation Measures

Annual
As of 9/5/2024
  • Market Cap

    35.40B

  • Enterprise Value

    42.18B

  • Trailing P/E

    81.12

  • Forward P/E

    18.05

  • PEG Ratio (5yr expected)

    0.53

  • Price/Sales (ttm)

    2.88

  • Price/Book (mrq)

    3.34

  • Enterprise Value/Revenue

    3.40

  • Enterprise Value/EBITDA

    17.99

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    3.53%

  • Return on Assets (ttm)

    2.94%

  • Return on Equity (ttm)

    4.43%

  • Revenue (ttm)

    12.39B

  • Net Income Avi to Common (ttm)

    437M

  • Diluted EPS (ttm)

    0.50

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.42B

  • Total Debt/Equity (mrq)

    75.02%

  • Levered Free Cash Flow (ttm)

    1.08B

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