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Corning Incorporated (GLW)

Listed on NYSE • Technology / Hardware, Equipment & Parts
GLW logo

Overview

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. This segment also offers its products to businesses, governments, and individuals. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics, crystals, precision metrology instruments, software; as well as ultra-thin and ultra-flat glass wafers, substrates, tinted sunglasses, and radiation shielding products. This segment serves various industries, including mobile consumer electronics, semiconductor equipment optics and consumables; aerospace and defense optics; radiation shielding products, sunglasses, and telecommunications components. The company's Environmental Technologies segment offers ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products comprising consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware and equipment under the Corning, Falcon, Pyrex, 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.

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Key Information

Symbol: GLW
CEO: Wendell P. Weeks
Exchange: NYSE
CIK: 0000024741
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 04:03 PM EST)

Price
87.1
Change
1.89
Change %
2.22%
Open
85.54
Previous Close
85.21
High
88.11
Low
85.5
Volume
4,228,745
Market Cap
74,676,084,736
EV/EBITDA
24.59

Capital Structure (Updated: Nov 05 04:03 PM EST)

Shares Outstanding
857,360,396
FloatShares
786,190,910
Float Ratio
91.70%
Shares Short
12,667,640
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
1.68%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
1.62 trading days
Held Percent Insiders
8.22%
Held Percent Institutions
77.05%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date (Estimated) 2026-01-28
Earnings Call (Estimated) 2025-10-28
Avg EPS Estimate 0.7032
Low EPS Estimate 0.6975
High EPS Estimate 0.71
Revenue
Avg Revenue Forecast 4,351,113,310
Low Revenue Forecast 4,335,065,580
High Revenue Forecast 4,361,000,000

GLW Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$1,648,000,000Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio0.745The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio1.556The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$9,185,000,448Total liabilities, used together with cash and liquidity ratios to assess debt burden.

GLW Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$3,392,000,000EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$2,265,999,872Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$1,098,875,008Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin35.98%Gross margin; a higher value indicates stronger product profitability.
Operating Margin14.56%Operating margin; slightly negative, indicating high operating costs.
Profit Margin9.16%Net profit margin, which reflects overall profitability.

GLW Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio76.51%Low leverage level, indicating the company has low debt pressure.
Total Debt$9,185,000,448Used together with cash and EBITDA to assess debt-paying ability.

GLW Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)20.90%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)0.00%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for GLW (Key ratios, margins, and cash flow)

Field Value Description
Current Price$87.1Latest stock trading price
Price Target (High)$100Analyst highest expected price
Price Target (Low)$60Analyst lowest expected price
Price Target (Average)$92.75Average target price across analysts
Price Target (Median)$98Median of target prices
Average Rating Score1.69Average analyst rating (1=Strong Buy, 5=Sell)
Consensus RecommendationbuyConsensus rating
Analyst Coverage Count12Number of analysts providing estimates
Cash Holdings$1,648,000,000Total cash held by the company
Cash per Share$1.92Cash value per outstanding share
Total Debt$9,185,000,448Company's total debt
Quick Ratio0.745Ability to cover short-term liabilities (excludes inventory)
Current Ratio1.556Overall short-term liquidity
Debt/Equity Ratio76.51%Leverage ratio: Debt / Equity
EBITDA$3,392,000,000Earnings before interest, taxes, depreciation & amortization
Total Revenue$14,915,000,320Total company revenue
Revenue per Share$17.455Total revenue divided by shares outstanding
Gross Profit35.98%Revenue minus cost of goods sold
Return on Assets4.42%Net income / Total assets
Return on Equity12.74%Net income / Shareholder equity
Earnings Growth (YoY)0.00%Year-over-year EPS growth
Revenue Growth (YoY)20.90%Year-over-year revenue growth
Gross Margin35.98%Gross profit / Total revenue
EBITDA Margin22.74%EBITDA / Revenue
Operating Margin14.56%Operating income / Revenue
Profit Margin9.16%Net income / Revenue
Free Cash Flow$1,098,875,008Cash left after capital expenditures
Operating Cash Flow$2,265,999,872Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo