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Corning (GLW)
NYSE:GLW
Total Valuation
Corning has a market cap or net worth of $37.06B. The enterprise value is $47.86B.
Market Cap$37.06B
Enterprise Value$47.86B
Share Statistics
Corning has 856.78M shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding856.78M
Owened by Insiders0.27%
Owened by Instutions13.63%
Financial Efficiency
Corning’s return on equity (ROE) is 0.05 and return on invested capital (ROIC) is 3.56%.
Return on Equity (ROE)4.74%
Return on Assets (ROA)1.82%
Return on Invested Capital (ROIC)3.56%
Return on Capital Employed (ROCE)4.97%
Revenue Per Employee$233,001.776
Profits Per Employee$8,987.567
Employee Count56,300
Asset Turnover0.47
Inventory Turnover3.25
Valuation Ratios
The current PE Ratio of Corning is 81.93. Corning’s PEG ratio is -5.14.
PE Ratio81.93
PS Ratio3.16
PB Ratio3.88
Price to Fair Value3.88
Price to FCF42.56
Price to Operating Cash Flow21.38
PEG Ratio-5.14
Income Statement
In the last 12 months, Corning had revenue of $13.12B and earned $506.00M in profits. Earnings per share was $0.58.
Revenue$13.12B
Gross Profit$4.23B
Operating Income$1.30B
Pretax Income$813.00M
Net Income$506.00M
EBITDA2.29B
Earnings Per Share (EPS)0.58
Cash Flow
In the last 12 months, operating cash flow was $1.94B and capital expenditures -$965.00M, giving a free cash flow of $974.00M billion.
Operating Cash Flow$1.94B
Free Cash Flow$974.00M
Free Cash Flow per Share$1.14
Dividends & Yields
Corning pays an annual dividend of $0.28, resulting in a dividend yield of 2.59%
Dividend Per Share$0.28
Dividend Yield2.59%
Payout Ratio57.14%
Free Cash Flow Yield2.35%
Earnings Yield1.22%
Stock Price Statistics
Beta1.22
52-Week Price Change35.89%
50-Day Moving Average48.05
200-Day Moving Average45.48
Relative Strength Index (RSI)38.53
Average Volume (3m)7.08M
Important Dates
Corning upcoming earnings date is Apr 29, 2025, TBA.
Last Earnings DateJan 29, 2025
Next Earnings DateApr 29, 2025
Ex-Dividend DateFeb 28, 2025
Financial Position
Corning as a current ratio of 1.62, with Debt / Equity ratio of 0.76
Current Ratio1.62
Quick Ratio1.07
Debt to Market Cap0.17
Net Debt to EBITDA2.54
Interest Coverage Ratio3.45
Taxes
In the past 12 months, Corning has paid $221.00M in taxes.
Income Tax$221.00M
Effective Tax Rate27.18%
Enterprise Valuation
Corning EV to EBITDA ratio is 19.17, with an EV/FCF ratio of 49.06.
EV to Sales3.64
EV to EBITDA19.17
EV to Free Cash Flow49.06
EV to Operating Cash Flow24.64
Balance Sheet
Corning has $1.77B in cash and marketable securities with $8.09B in debt, giving a net cash position of $6.32B billion.
Cash & Marketable Securities$1.77B
Total Debt$8.09B
Net Cash$6.32B
Net Cash Per Share$7.38
Tangible Book Value Per Share$9.12
Margins
Gross margin is 32.60%, with operating margin of 8.65%, and net profit margin of 3.86%.
Gross Margin32.60%
Operating Margin8.65%
Pretax Margin6.20%
Net Profit Margin3.86%
EBITDA Margin19.00%
EBIT Margin8.71%
Analyst Forecast
The average price target for Corning is $56.89, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price Target$56.89
Price Target Upside36.46%
Analyst ConsensusStrong Buy
Analyst Count10
Revenue Growth Forecast4.21%
EPS Growth Forecast-13.56%