/

Corning Incorporated

GLW US

GLW USCorning Incorporated

FIGI: BBG000BKFZM4

31.22

USD

+0.04

(+0.13%)

0.73EPS Dil.

41.92P/E

25.60BMarket Cap

3.66%Div. Yield

Corning Incorporated

GLW

(United States Composite)

Recent

price

31.22

P/E

ratio

41.92

div

yld

3.66%

ROIC.AI

Legends:

Stock price

0.75

Beta (1.0 Market)

% total return 09/23

Stock

S&P500

YTD

5.63

- -

10.29

- -

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

TTM

USD

3.74

3.81

3.48

4.26

5.05

5.36

5.38

7.44

7.47

9.21

11.30

13.84

14.82

14.85

17.01

16.83

15.77

1.37

3.37

1.30

2.28

1.80

1.16

1.35

1.82

1.02

3.53

-0.66

1.19

1.11

0.54

2.27

1.56

0.74

0.52

0.13

0.77

1.82

0.48

0.94

1.22

2.78

1.28

1.34

0.22

3.49

2.61

1.06

2.14

1.20

0.30

0.10

0.20

0.23

0.32

0.39

0.45

0.56

0.63

0.73

0.84

0.96

1.03

1.05

1.11

1.14

-1.40

1.75

2.86

4.93

6.70

7.76

8.69

10.88

12.98

19.14

19.60

21.78

22.66

22.20

20.84

21.49

21.25

5.89

8.39

9.61

11.99

13.34

13.63

14.06

13.90

12.81

14.35

12.74

10.61

9.94

9.65

10.81

10.76

10.19

1,566

1,560

1,550

1,558

1,562

1,494

1,452

1,305

1,219

1,020

895

816

776

761

828

843

845

5,860

5,948

5,395

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

13,315

18.38

25.55

11.84

22.20

23.41

18.32

18.63

20.51

14.35

15.63

16.11

13.95

11.35

4.50

15.00

10.13

7.16

607

695

792

854

957

997

1,002

1,200

1,184

1,195

1,158

1,293

1,503

1,520

1,481

1,452

1,388

2,150

5,257

2,008

3,558

2,805

1,728

1,961

2,472

1,339

3,695

-497

1,066

960

512

1,906

1,316

629

6.20

- -

7.46

12.70

18.38

20.70

30.72

9.89

- -

129.99

29.08

21.05

17.82

20.48

22.87

23.09

36.69

88.38

37.22

53.65

35.55

21.57

25.08

25.45

14.70

39.35

-4.91

9.44

8.35

4.53

13.54

9.27

4.72

2,782

2,567

3,982

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

2,882

1,514

1,527

1,930

2,262

2,364

3,382

3,272

3,227

3,910

3,646

4,749

5,994

7,729

7,838

6,989

7,482

7,437

9,542

13,491

15,595

19,426

21,129

21,533

21,211

21,652

18,863

17,960

15,796

13,886

12,997

13,448

12,545

12,275

11,710

10.06

- -

6.93

7.09

4.89

4.63

5.57

4.87

- -

-2.28

5.45

5.05

1.97

8.13

5.56

3.82

-135.30

- -

44.18

25.45

13.22

13.52

14.62

7.14

- -

-2.25

4.82

4.29

2.69

8.13

5.85

3.19

- -

55.87

58.63

31.44

16.03

16.64

18.29

8.70

22.21

-3.45

5.70

5.01

2.42

10.98

7.52

3.58

Capital Structure

USD

•

in mil. unless spec.

Dec'22

Mar'23

Jun'23

ST Debt

335

197

187

LT Borrowings

6,687

6,654

7,437

LT Finance Leases

795

846

827

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

823

820

Market Capitalization

26,287

29,035

28,733

Working Capital

USD

•

in mil. unless spec.

Dec'22

Mar'23

Jun'23

Total Current Assets

7,453

6,877

7,293

Cash, Cash Equivalents & STI

1,671

1,146

1,538

Accounts Receivable, Net

1,721

1,688

1,674

Inventories

2,904

2,863

2,757

Total Current Liabilities

5,175

4,773

4,411

Payables & Accruals

2,658

4,576

4,224

ST Debt

335

197

187

Deferred Revenue

276

335

326

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

6.35%

7.42%

0.76%

Net Income, GAAP

-7.36%

-25.96%

-30.95%

Free Cash Flow

129.08%

262.83%

-43.04%

Total Cash Common Dividend

7.57%

11.16%

10.04%

Total Equity

-5.30%

-4.78%

-2.15%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

2021

3,290

3,501

3,615

3,676

14,082

2022

3,680

3,615

3,488

3,406

14,189

2023

3,178

3,243

- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

2021

0.75

0.53

0.44

0.57

2.27

2022

0.69

0.67

0.25

-0.04

1.56

2023

0.21

0.33

- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

2021

0.27

0.28

0.25

1.05

2022

0.27

0.28

1.11

2023

0.28

0.30

- -

Business: Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. 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, Falcon, Pyrex, and Axygen brands. Corning Incorporated was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. The company was founded in 1851 and is headquartered in Corning, New York.

Company News

Barron's
2 months ago
Corning Stock Rallies on Improved Results in Display Glass
Dow Jones Newswires
2 months ago
Corning Expects Lower Sales in 3Q After 2Q Hit
Barron's
3 months ago
Corning Stock Rallies After Upgrade. What's Behind the Brighter Outlook.
Barron's
4 months ago
Corning Rallies on Display Glass Price Increases
Barron's
4 months ago
Why Apple's New Deal With Broadcom Is a Big Moment
Barron's
5 months ago
China-Exposed Stocks Have Rallied, but Bargains Still Exist, Says Analyst
Dow Jones Newswires
5 months ago
Corning 1Q EPS 20c >GLW
Barron's
6 months ago
Corning Fundamentals Are Bottoming. It's Time to Buy the Stock, Says Analyst.
Barron's
6 months ago
Corning Fundamentals Are Bottoming. It's Time to Buy the Stock, Says Analyst.
Barron's
7 months ago
U.S. Clean Energy Is Attracting Billions in Investments. Here Are 5 Key Players.
Barron's
7 months ago
U.S. Clean Energy Is Attracting Billions in Investments. Here Are 5 Key Players.
Barron's
7 months ago
10 Companies That Boosted Their Dividends This Week
Barron's
7 months ago
10 Companies That Boosted Their Dividends This Week
Barron's
8 months ago
Corning Stock Slides on Weak Outlook
Barron's
8 months ago
Corning Stock Slides on Weak Outlook
The Wall Street Journal
9 months ago
Jamie Houghton Returned for a Second Shot at Running Corning
Barron's
a year ago
Corning Stock Slips as Weaker Demand for TVs Hits Earnings
Barron's
a year ago
Corning Trims Third-Quarter Outlook as Demand for TVs Slows
Barron's
a year ago
Corning to Open New Fiber Optic Plant in Arizona to Serve AT&T Rollout
The Wall Street Journal
a year ago
Corning CEO Shifted Focus From Cookware to Photonics

Company News

Barron's
2 months ago
Corning Stock Rallies on Improved Results in Display Glass
Dow Jones Newswires
2 months ago
Corning Expects Lower Sales in 3Q After 2Q Hit
Barron's
3 months ago
Corning Stock Rallies After Upgrade. What's Behind the Brighter Outlook.
Barron's
4 months ago
Corning Rallies on Display Glass Price Increases
Barron's
4 months ago
Why Apple's New Deal With Broadcom Is a Big Moment
Barron's
5 months ago
China-Exposed Stocks Have Rallied, but Bargains Still Exist, Says Analyst
Dow Jones Newswires
5 months ago
Corning 1Q EPS 20c >GLW
Barron's
6 months ago
Corning Fundamentals Are Bottoming. It's Time to Buy the Stock, Says Analyst.
Barron's
6 months ago
Corning Fundamentals Are Bottoming. It's Time to Buy the Stock, Says Analyst.
Barron's
7 months ago
U.S. Clean Energy Is Attracting Billions in Investments. Here Are 5 Key Players.
Barron's
7 months ago
U.S. Clean Energy Is Attracting Billions in Investments. Here Are 5 Key Players.
Barron's
7 months ago
10 Companies That Boosted Their Dividends This Week
Barron's
7 months ago
10 Companies That Boosted Their Dividends This Week
Barron's
8 months ago
Corning Stock Slides on Weak Outlook
Barron's
8 months ago
Corning Stock Slides on Weak Outlook
The Wall Street Journal
9 months ago
Jamie Houghton Returned for a Second Shot at Running Corning
Barron's
a year ago
Corning Stock Slips as Weaker Demand for TVs Hits Earnings
Barron's
a year ago
Corning Trims Third-Quarter Outlook as Demand for TVs Slows
Barron's
a year ago
Corning to Open New Fiber Optic Plant in Arizona to Serve AT&T Rollout
The Wall Street Journal
a year ago
Corning CEO Shifted Focus From Cookware to Photonics

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

TTM

USD

3.74

3.81

3.48

4.26

5.05

5.36

5.38

7.44

7.47

9.21

11.30

13.84

14.82

14.85

17.01

16.83

15.77

1.37

3.37

1.30

2.28

1.80

1.16

1.35

1.82

1.02

3.53

-0.66

1.19

1.11

0.54

2.27

1.56

0.74

0.52

0.13

0.77

1.82

0.48

0.94

1.22

2.78

1.28

1.34

0.22

3.49

2.61

1.06

2.14

1.20

0.30

0.10

0.20

0.23

0.32

0.39

0.45

0.56

0.63

0.73

0.84

0.96

1.03

1.05

1.11

1.14

-1.40

1.75

2.86

4.93

6.70

7.76

8.69

10.88

12.98

19.14

19.60

21.78

22.66

22.20

20.84

21.49

21.25

5.89

8.39

9.61

11.99

13.34

13.63

14.06

13.90

12.81

14.35

12.74

10.61

9.94

9.65

10.81

10.76

10.19

1,566

1,560

1,550

1,558

1,562

1,494

1,452

1,305

1,219

1,020

895

816

776

761

828

843

845

5,860

5,948

5,395

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

13,315

18.38

25.55

11.84

22.20

23.41

18.32

18.63

20.51

14.35

15.63

16.11

13.95

11.35

4.50

15.00

10.13

7.16

607

695

792

854

957

997

1,002

1,200

1,184

1,195

1,158

1,293

1,503

1,520

1,481

1,452

1,388

2,150

5,257

2,008

3,558

2,805

1,728

1,961

2,472

1,339

3,695

-497

1,066

960

512

1,906

1,316

629

6.20

- -

7.46

12.70

18.38

20.70

30.72

9.89

- -

129.99

29.08

21.05

17.82

20.48

22.87

23.09

36.69

88.38

37.22

53.65

35.55

21.57

25.08

25.45

14.70

39.35

-4.91

9.44

8.35

4.53

13.54

9.27

4.72

2,782

2,567

3,982

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

2,882

1,514

1,527

1,930

2,262

2,364

3,382

3,272

3,227

3,910

3,646

4,749

5,994

7,729

7,838

6,989

7,482

7,437

9,542

13,491

15,595

19,426

21,129

21,533

21,211

21,652

18,863

17,960

15,796

13,886

12,997

13,448

12,545

12,275

11,710

10.06

- -

6.93

7.09

4.89

4.63

5.57

4.87

- -

-2.28

5.45

5.05

1.97

8.13

5.56

3.82

-135.30

- -

44.18

25.45

13.22

13.52

14.62

7.14

- -

-2.25

4.82

4.29

2.69

8.13

5.85

3.19

- -

55.87

58.63

31.44

16.03

16.64

18.29

8.70

22.21

-3.45

5.70

5.01

2.42

10.98

7.52

3.58