Stocktoria

CORNING INC /NY GLW

NYSE · stock · Drawing & Insulating of Nonferrous Wire · website · IPO 1945-05-21

CORNING INC /NY statistics & valuation

Market cap$190.2B
P / E119.2×
P / S12.2×
P / B15.5×
Net margin10.2%
Return on equity13.0%
Return on capital9%
Graham number -85.6%$24.12

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($24.12); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
39.40% -4.90% 9.40% 8.30% 4.50% 13.50% 9.30% 4.60% 3.90% 10.20% 2016201720182019202020212022202320242025
Gross margin (%)
40.10% 39.70% 39.50% 35.10% 31.20% 36.00% 31.80% 31.20% 32.60% 36.00% 2016201720182019202020212022202320242025
Operating margin (%)
15.20% 15.90% 14.00% 11.40% 4.50% 15.00% 10.10% 7.10% 8.70% 14.60% 2016201720182019202020212022202320242025
Return on equity (%)
20.60% -3.20% 7.70% 7.40% 3.80% 15.20% 10.70% 4.90% 4.60% 13.00% 2016201720182019202020212022202320242025
Shares outstanding
1.14B 895.0M 941.0M 899.0M 772.0M 844.0M 857.0M 859.0M 869.0M 871.0M 2016201720182019202020212022202320242025
Net debt ($)
2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
13.20% -1.80% 3.90% 3.30% 1.70% 6.30% 4.50% 2.00% 1.80% 5.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
$3.23 -$0.66 $1.13 $1.07 $0.54 $1.28 $1.54 $0.68 $0.58 $1.83 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

CORNING INC /NY trades at about 91.5× earnings — above its 10-year norm (10-year range 8.2×–89.8×, median 32.8×).

8.2× 91.5×

Shaded band = 10-year range (8.2×–89.8×); dot = today's 91.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin36.0%32.6%31.2%31.8%36.0%31.2%35.1%39.5%39.7%40.1%
Operating margin14.6%8.7%7.1%10.1%15.0%4.5%11.4%14.0%15.9%15.2%
Net margin10.2%3.9%4.6%9.3%13.5%4.5%8.3%9.4%-4.9%39.4%
Return on assets5.2%1.8%2.0%4.5%6.3%1.7%3.3%3.9%-1.8%13.2%
Return on equity13.0%4.6%4.9%10.7%15.2%3.8%7.4%7.7%-3.2%20.6%
Current ratio1.591.621.671.441.592.122.122.122.753.29

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.