US stock · Technology sector · Electronic Components
Company Logo

Corning Incorporated

GLWNYSE

33.13

USD
-0.39
(-1.16%)
Market Closed
26.34P/E
13Forward P/E
1.02P/E to S&P500
27.982BMarket CAP
2.95%Div Yield

Corning Incorporated

NYSE:GLW

RECENT
PRICE

33.13

P/E
RATIO

26.34

(PEG:0.07)

P/E RATIO
RELATIVE
TO S&P

1.02

DIV
YLD

2.76%

High:
Low:

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Legends

Stock price

0.95 Beta (1.0 Market)

0

0

0

0

0

0

0

0

0

-

% total return 05/22:

Stock

S&P

1y.

0

0

3y.

0

0

5y.

0

0

0

Percent shares traded:

0

0

0

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

TTM

Fiscal year

3.35

1.20

0.40

- -

3.73

1.37

0.52

0.10

3.81

3.37

0.13

0.20

3.49

1.30

0.77

0.20

4.25

2.28

1.81

0.20

5.05

1.80

0.48

0.23

5.36

1.16

0.94

0.32

5.38

1.35

1.22

0.39

7.44

1.89

2.78

0.45

7.47

1.10

1.28

0.56

9.21

3.62

1.36

0.63

11.30

(0.56)

0.22

0.73

13.84

1.31

0.75

0.84

14.82

1.24

0.06

0.96

14.85

0.67

1.06

1.03

16.59

2.24

2.09

1.03

17.09

2.23

1.76

1.05

Revenue per share

Earnings per share

Free Cash Flow per sh

Dividends per share

0.76

4.69

0.81

6.05

1.23

8.62

0.58

10.06

0.65

12.42

1.56

13.49

1.21

14.38

0.70

14.57

0.82

16.54

1.03

15.41

1.11

17.54

2.02

17.54

2.83

16.90

2.56

16.63

1.81

17.42

1.93

14.53

2.04

14.41

CAPEX per share

Book Value per share

1,546

1,569

1,560

1,545

1,561

1,562

1,494

1,452

1,305

1,219

1,020

895

816

776

761

849

847

Comm.Shares outs.(m)

19.3

1.1

- -

17.1

1.0

0.4%

5.9

0.3

1.0%

11.2

0.2

1.4%

8.0

0.4

1.1%

9.8

0.6

1.3%

11.1

0.7

2.5%

10.8

0.6

2.7%

10.7

0.6

2.2%

18.4

0.9

2.8%

5.8

0.3

3.0%

(52.5)

(2.2)

2.5%

23.4

0.9

2.7%

24.9

1.0

3.1%

42.2

1.1

3.6%

17.7

0.6

2.6%

26.3

1.0

2.8%

Avg. annual P/E ratio

P/E relative to S&P500

Avg. annual div. yield

Capital Structure (31/3/22 | Q1)

Total liabilities
$17,628 m.

Total assets
$30,257 m.

Long-term debt
$7,515 m.

Cash and equiv.
$2,016 m.

Goodwill $2,408 m.

Retained earnings $16,737 m.

Common stock 843 m. shares

Market Capitalisation
$27,982 m. (as of 23/5/22)

7,890

21.5%

8,012

16.5%

7,819

17.5%

9,715

19.9%

9,111

14.5%

9,390

14.8%

10,116

16.1%

11,290

14.0%

11,503

11.4%

11,303

4.5%

14,082

15.0%

14,472

15.1%

Revenue (m)

Operating margin

957

2,805

997

1,728

1,002

1,961

1,200

2,472

1,184

1,339

1,195

3,695

1,158

(497)

1,293

1,066

1,503

960

1,520

512

1,481

1,906

1,492

1,888

Depreciation (m)

Net profit (m)

12.7%

35.6%

18.4%

21.6%

20.7%

25.1%

30.7%

25.4%

9.9%

14.7%

(0.1)%

39.4%

130.0%

(4.9)%

29.1%

9.4%

21.1%

8.3%

17.8%

4.5%

20.5%

13.5%

18.7%

13.0%

Income tax rate

Net profit margin

6,580

2,364

21,078

7,739

3,382

21,486

7,145

3,272

21,162

7,914

3,227

21,579

5,455

3,910

18,788

6,297

3,646

17,893

5,618

4,749

15,698

3,723

5,994

13,792

3,942

7,729

12,907

4,237

8,449

13,257

2,853

6,989

12,333

2,800

7,515

12,395

Working capital (m)

Long-term debt (m)

Equity (m)

11.2%

11.9%

13.3%

6.6%

7.6%

8.0%

7.7%

9.1%

9.3%

9.2%

12.3%

11.5%

5.7%

5.7%

7.1%

15.4%

13.8%

20.7%

(2.2)%

6.6%

(3.2)%

5.0%

6.2%

7.7%

4.5%

5.0%

7.4%

2.8%

2.9%

3.9%

8.5%

9.0%

15.5%

8.6%

8.7%

15.2%

ROIC

Return on capital

Return on equity

Working Capital

2019

2020

2021

Cash assets

2,434

2,672

2,148

Receivables

1,836

2,133

2,004

Inventory

2,320

2,438

2,481

Other

873

761

1,026

Current assets

7,463

8,004

7,659

Acc. Payable

1,587

1,174

1,612

Debt due

73

252

55

Other

1,861

2,341

3,139

Current liab.

3,521

3,767

4,806

87.4%

149.8%

72.7%

84.8%

71.1%

117.8%

76.1%

84.6%

49.3%

250.6%

82.5%

350.3%

231.0%

- -

35.7%

478.2%

22.7%

3,822.7%

(53.7)%

111.1%

54.3%

93.1%

52.8%

122.1%

Plowback ratio

Div.&Repurch. to FCF

Corning Incorporated (US) started trading on May 1, 1945 (cik: 0000024741), operates in the Technology sector (Electronic Components industry), has 61,200 full-time employees, and is led by Mr. Wendell Weeks. 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.

Annual rates

(avg rate of change)

Past
5 y.

Past
10 y.

Revenues

9.08%

6.97%

Cash flow

489.44%

215.07%

Earnings

-24.71%

-4.74%

Dividends

7.57%

7.27%

Book value

-5.70%

-5.81%

Insider trading

Type

Shares

Date

Bell Michael Alan

Sale

2,717

05/18/22

France Robert P.

Sale

2,751

05/18/22

Steverson Lewis A

Exempt

1,086

05/16/22

Steverson Lewis A

Exempt

9,415

05/16/22

Steverson Lewis A

InKind

5,362

05/16/22

Fiscal Year Ends

Quarterly Revenue (m)

Full fiscal year

I

II

III

IV

2020

2,391

2,561

3,001

3,350

11,303

2021

3,290

3,501

3,615

3,676

14,082

2022

3,680

- -

- -

- -

- -

Fiscal Year Ends

Earnings per share

Full fiscal year

I

II

III

IV

2020

(0.13)

(0.09)

0.56

0.33

0.67

2021

0.71

0.53

0.44

0.57

2.24

2022

0.69

- -

- -

- -

- -

Fiscal Year Ends

Quarterly dividends paid

Full fiscal year

I

II

III

IV

2020

0.25

0.25

0.27

0.26

1.03

2021

0.24

0.28

0.26

0.25

1.03

2022

0.27

- -

- -

- -

- -

03/28/2022

Corning’s New CFO and His Predecessor Discuss Hiring, Inflation and Moving On

The Wall Street Journal - Read more...

03/26/2021

Corning’s Vaccine Vial Output Seen Up 50% From Prior Target

The Wall Street Journal - Read more...