Corning Incorporated logo GLW - Corning Incorporated

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 20
HOLD 15
SELL 2
STRONG
SELL 0
| PRICE TARGET: $168.56 DETAILS
HIGH: $223.00
LOW: $120.00
MEDIAN: $180.00
CONSENSUS: $168.56
DOWNSIDE: 13.14%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 15,629 13,118 12,588 14,189 14,082 11,303 11,503 11,290 10,116 9,390 9,111 9,715 7,819 8,012 7,890 6,632 5,395 5,948 5,860 5,174 4,579 3,854 3,090 3,164 6,272 7,273 4,297.2 3,484 4,089.7 3,651.6 5,313.1 4,770.5 4,004.8
Cost of Revenue 10,115 8,842 8,657 9,683 9,019 7,772 7,468 6,829 6,096 5,627 5,458 5,663 4,495 4,693 4,314 3,583 3,302 3,210 3,111 2,891 2,595 2,439 2,241 2,562 4,227 4,009 2,930 2,062.6 1,756.4 1,577.8 1,781 2,722.5 2,316.6
Gross Profit 5,514 4,276 3,931 4,506 5,063 3,531 4,035 4,461 4,020 3,763 3,653 4,052 3,324 3,319 3,576 3,049 2,093 2,738 2,749 2,283 1,984 1,415 849 602 1,820 2,911 1,811 1,859 1,760.4 1,446.2 1,476.1 2,048 1,688.2
Operating Expenses
R&D Expenses 1,110 1,089 1,076 1,047 995 1,154 1,031 993 860 742 769 815 710 745 671 603 563 627 565 517 443 355 344 483 631 540 362.6 293.9 250.7 189.2 0 0 0
SG&A Expenses 2,073 1,931 1,843 1,898 1,827 1,747 1,585 1,799 1,473 1,462 1,508 1,202 1,126 1,205 1,028 1,015 881 901 912 857 756 653 599 716 1,090 1,041 667 542.8 541.6 499.4 731.9 1,048.6 947.1
Other Expenses 0 121 122 123 129 121 113 94 75 141 54 104 117 166 168 (370) 258 (310) 191 63 193 1,892 561 2,123 6,156 708 29 297.9 285.9 252.3 251.6 338.4 280.4
Operating Expenses 3,183 3,141 3,041 3,068 2,951 3,022 2,729 2,886 2,412 2,339 2,331 2,121 1,953 2,140 1,864 1,248 1,702 1,218 1,668 1,437 1,392 2,900 1,504 3,322 7,868 2,280 1,074 1,148.1 1,077.8 940.9 983.5 1,387 1,227.5
Operating Income
Operating Income 2,331 1,135 890 1,438 2,112 509 1,306 1,575 1,630 1,424 1,322 1,931 1,371 1,179 1,694 1,801 391 1,520 1,081 846 772 369 (655) (2,720) (6,048) 409.5 737 710.9 682.6 505.3 586.9 661 460.7
Interest Expense 336 329 329 292 300 276 221 191 155 159 140 123 120 111 89 109 82 59 82 0 0 0 0 0 0 106.6 0 0 0 0 0 0 0
Interest Income 38 47 38 15 11 15 21 38 45 32 21 26 8 14 19 11 19 85 145 0 0 0 0 0 0 104.6 0 0 0 0 0 0 0
Profitability
EBITDA 3,735 2,492 2,514 3,541 4,207 2,419 2,940 2,987 2,970 5,046 2,810 4,891 3,595 3,083 4,277 4,808 2,808 3,636 1,980 1,443 1,119 (968) (27) 21 729 1,841 1,142 1,008.8 968.5 757.6 744.2 999.4 741.1
EBIT 2,388 1,142 1,145 2,089 2,726 899 1,437 1,694 1,812 3,851 1,626 3,691 2,593 2,086 3,320 3,954 2,016 2,941 1,373 852 607 (1,491) (544) (640) (331) 1,094 738 710.9 682.6 505.3 492.6 661 460.7
Income Before Tax 2,052 813 816 1,797 2,426 623 1,216 1,503 1,657 3,692 1,486 3,568 2,473 1,975 3,213 3,845 1,934 1,523 1,291 961 1,170 (1,580) (759) (2,720) (6,161) 691.4 675 504.3 618.4 474.7 46.7 451.4 20.1
Income Tax Expense 310 221 168 411 491 111 256 437 2,154 (3) 147 1,096 512 339 408 287 (74) (2,405) 80 55 578 1,031 (254) (726) (468) 269.4 207 149.5 209.5 151.4 118.2 170.1 35.3
Net Income 1,596 506 581 1,316 1,906 512 960 1,066 (497) 3,695 1,339 2,472 1,961 1,636 2,817 3,558 2,008 5,257 2,150 1,855 585 (2,185) (223) (1,302) (5,498) 422 516 421.3 439.8 175.6 (50.8) 281.3 (15.2)
Per Share Data
EPS (Basic) 1.86 0.59 0.69 1.56 1.30 0.54 1.23 1.19 -0.66 3.53 1.02 1.82 1.35 1.16 1.80 2.28 1.30 3.37 1.37 1.20 0.40 -1.61 -0.22 -1.39 -5.89 0.49 0.62 0.19 0.21 0.08 -0.07 0.44 -0.03
EPS (Diluted) 1.85 0.58 0.68 1.54 1.28 0.54 1.07 1.13 -0.66 3.23 1.00 1.73 1.34 1.15 1.77 2.25 1.28 3.32 1.34 1.16 0.38 -1.61 -0.22 -1.39 -5.89 0.49 0.59 0.19 0.21 0.08 -0.07 0.44 -0.03
Shares Outstanding 860 853 848 843 828 761 776 941 895 1,020 1,219 1,305 1,452 1,494 1,562 1,558 1,550 1,560 1,566 1,545.8 1,462.5 1,386 1,013.6 1,028.8 933.6 859.2 835.2 694.5 694.8 686.1 689.4 634.5 602.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 1,526 1,768 1,779 1,671 2,148 2,672 2,434 2,355 4,317 5,291 2,541 1,873 1,009 833 1,471 1,037 138 253.4 45.4 101.3 223.2 214.9 161.3 160.8
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 1,042 943 872 433 619 1,182 0 0 0 0 0 0 0 0
Net Receivables 2,779 2,053 1,572 1,721 2,004 2,133 1,836 1,940 1,807 1,481 753 512 585 642 828 593 1,490 797.5 636 559.7 566.3 932.4 947.1 691.1
Inventory 3,077 2,724 2,666 2,904 2,481 2,438 2,320 2,037 1,712 1,471 579 798 535 467 559 725 1,040 525.3 458.7 564.7 498.5 467.8 416.7 353.9
Other Current Assets 1,554 1,447 1,195 1,157 1,026 761 873 702 991 805 606 493 280 242 296 570 1,966 206.3 170.2 130.2 130.7 219.2 201.2 265.9
Total Current Assets 8,936 7,992 7,212 7,453 7,659 8,004 7,463 7,034 8,827 9,048 5,521 4,619 3,281 2,694 3,825 4,107 4,634 1,782.5 1,310.3 1,424.2 1,418.7 1,834.3 1,726.3 1,471.7
Non-Current Assets
Property, Plant & Equipment 15,685 14,155 15,513 16,213 16,545 16,422 15,337 14,895 14,017 12,546 7,995 8,199 3,941 3,620 3,705 5,097 4,679 3,103.1 2,684.9 2,427.6 1,977.7 2,031.6 1,890.6 1,759.8
Goodwill 2,489 2,363 2,380 2,394 2,421 2,460 1,935 1,936 1,694 1,577 509 277 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 657 752 905 1,029 1,148 1,308 1,185 1,292 869 796 167 28 398 1,901 1,976 2,289 7,340 319.3 309.7 363.3 330.4 1,416.1 1,408 1,009.1
Long-Term Investments 1,032 394 414 360 318 435 334 376 340 336 3,992 3,056 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 662 949 923 977 997 1,025 983 1,021 934 1,271 129 145 1,648 1,312 1,061 1,300 873 833 677 930.7 594.5 705.1 997.8 991.1
Total Non-Current Assets 22,040 19,743 21,288 22,046 22,495 22,771 21,435 20,471 18,652 18,851 15,774 14,637 6,429 8,058 7,723 8,686 12,892 4,229.7 3,671.6 3,387.2 2,902.6 4,152.8 4,296.4 3,760
Total Assets 30,976 27,735 28,500 29,499 30,154 30,775 28,898 27,505 27,479 27,899 21,295 19,256 9,710 10,752 11,548 12,793 17,526 6,012.2 4,981.9 4,811.4 4,321.3 5,987.1 6,022.7 5,231.7
Current Liabilities
Account Payables 1,979 1,472 1,466 1,804 1,612 1,174 1,587 1,456 1,439 1,079 550 846 682 333 339 441 855 418 291.7 300 268.9 255.2 258.3 245.1
Short-Term Debt 901 326 320 224 55 146 2 4 379 256 74 78 478 146 204 477 128 418.5 204.6 215 53.9 146 67.6 141.7
Deferred Revenue 226 317 329 276 371 363 104 54 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 1,558 1,717 1,414 1,906 1,654 1,233 1,010 986 623 779 0 0 2 0 0 0 0 715 578.4 444.7 484.7 763.9 748.3 633.5
Total Current Liabilities 5,628 4,919 4,319 5,175 4,806 3,767 3,521 3,311 3,209 2,751 1,539 2,052 2,336 1,553 1,680 1,994 1,949 1,488 1,074.7 1,017.3 807.5 1,165.1 1,074.2 1,020.3
Non-Current Liabilities
Long-Term Debt 8,476 6,885 7,206 6,687 6,989 7,653 7,458 5,994 4,749 3,646 1,930 1,527 2,214 2,668 3,963 4,461 3,966 1,288.7 998.3 1,134.1 1,208.5 1,393 1,405.6 1,585.6
Deferred Tax Liabilities 149 137 218 243 258 313 325 347 451 0 0 0 0 0 0 0 61 0 0 0 0 0 0 0
Other Non-Current Liabilities 3,021 2,313 2,281 2,462 3,029 2,778 2,949 3,045 2,933 3,160 2,231 2,186 1,313 1,031 1,013 805 778 720 674.1 627.5 1,011.3 664.9 643.6 668.6
Total Non-Current Liabilities 13,041 11,746 12,313 12,049 12,803 13,560 12,380 10,308 8,515 7,188 4,161 3,713 3,529 3,699 5,118 5,266 4,796 1,998.7 1,672.4 1,812.2 1,854.7 2,057.9 2,049.2 2,254.2
Total Liabilities 18,669 16,665 16,632 17,224 17,609 17,327 15,901 13,619 11,724 9,939 5,700 5,765 5,865 5,252 6,798 7,260 6,745 3,486.7 2,747.1 2,829.5 2,662.2 3,223 3,123.4 3,274.5
Stockholders' Equity
Common Stock 924 921 916 910 907 863 859 857 854 846 808 804 712 701 634 10,044 9,512 1,359 0 0 0 0 0 0
Retained Earnings 16,551 15,926 16,391 16,778 16,389 16,120 16,408 16,303 15,962 16,880 3,636 1,940 (7,309) (5,144) (4,921) (3,610) 2,001 1,826.5 1,521.7 1,296 1,024 1,496.5 1,714.5 1,581.9
Accumulated Other Comprehensive Income (2,105) (2,543) (2,048) (1,830) (1,175) (740) (1,171) (1,010) (816) (1,676) (401) (643) 148 98 (170) (193) (127) (16) (1,993.9) (1,999.9) (1,793.2) (1,916.3) 82 0
Total Stockholders' Equity 11,807 10,686 11,551 12,008 12,333 13,257 12,907 13,792 15,724 17,893 15,543 13,443 3,816 5,464 4,691 5,414 10,642 2,240.7 1,523.5 1,266.3 983.3 2,126.9 2,652.3 1,711.5
Total Liabilities & Equity 30,976 27,735 28,500 29,499 30,154 30,775 28,898 27,505 27,479 27,899 21,295 19,256 9,710 10,752 11,548 12,793 17,526 6,012.2 4,981.9 4,811.4 4,321.3 5,987.1 6,022.7 5,231.7
Debt Metrics
Total Debt 10,223 8,091 8,484 7,817 7,829 8,701 8,252 5,998 5,128 3,902 2,004 1,605 2,692 2,814 4,167 4,938 4,094 1,911 1,202.9 1,338.8 1,262.4 1,539 1,473.2 1,727.3
Net Debt 8,697 6,323 6,705 6,146 5,681 6,029 5,818 3,643 811 (1,389) (537) (268) 1,683 1,981 2,741 3,901 3,015 1,789 1,157.5 1,241.8 1,039.2 1,324.1 1,311.9 1,566.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 1,596 592 648 1,386 1,906 512 960 1,066 (497) 3,695 585 (2,185) (29) (1,187) (655) 423 481.7 421.3 439.8 175.6 83.5 281.3 (15.2)
Depreciation & Amortization 1,347 1,350 1,369 1,452 1,481 1,520 1,503 1,293 1,158 1,195 512 523 517 661 1,080 520 380.7 298 321.6 288.1 377.4 338.4 280.4
Stock-Based Compensation 286 273 218 175 190 207 56 51 46 42 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (228) (558) (158) (138) 323 175 (514) (162) (398) 87 66 23 (62) (233) 241 (402) (82.5) (66.5) (120.3) (96.2) (29.8) (321.3) 62.2
Other Non-Cash Items 49 315 3 (214) (523) (214) 217 709 (101) (2,211) 351 1,701 (30) 927 1,281 682.1 (40.2) (189.2) 48.8 11 272.5 86.4 349.1
Operating Cash Flow 2,695 1,939 2,005 2,615 3,412 2,180 2,031 2,919 2,004 2,500 1,939 1,009 133 (264) 1,436 1,421 775.7 465.6 704.8 397 698.6 402.2 589.6
Investing Activities
Capital Expenditure (1,282) (965) (1,390) (1,604) (1,637) (1,377) (1,987) (2,242) (1,804) (1,109) (1,553) (857) (366) (357) (1,800) (1,525) (920.7) (757.1) (774.8) (597.8) (495.3) (386.9) (443.1)
Acquisitions 0 0 67 38 187 4 78 (646) (157) (377) 18 0 (6) (56) (66) (5,009) 0 0 0 0 0 0 0
Purchases of Investments 0 0 (9) (75) 1,637 1,377 (78) 2,242 (674) (24) (1,668) (1,685) (1,594) (2,325) (1,433) 0.2 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 300 67 12 66 108 299 5,140 1,452 1,401 1,814 2,830 853 79.8 0 0 0 0 0 0 0
Other Investing Activities 39 221 332 (14) (1,673) (1,326) 30 (2,349) 626 53 39 149 74 877 71 (95) 11.9 631.4 32.5 677.8 (47.9) (172.9) (461.1)
Investing Cash Flow (1,243) (744) (1,000) (1,355) (1,419) (1,310) (1,891) (2,887) (1,710) 3,683 (1,712) (992) (78) 969 (2,375) (6,549) (908.8) (125.7) (742.3) 80 (543.2) (559.8) (904.2)
Financing Activities
Net Debt Issuance (425) (114) 716 40 (838) 122 1,531 856 1,193 (85) (406) 173 (1,355) (804) 812 2,173 482 (154.2) 96.8 (239.6) 81.2 (7.2) 519.5
Stock Repurchased (163) (246) (106) (268) (335) (116) (957) (2,227) (2,452) (4,243) 0 0 0 (31) (42) (57) (114) (74.3) (50.1) (83.9) (33.1) 0 (58.6)
Dividends Paid (999) (986) (989) (932) (871) (787) (742) (685) (651) (645) 0 (7) (19) (88) (113) (212) (176.9) (168.3) (167.8) (167.2) (167.2) (152.2) (136.2)
Other Financing Activities (85) 182 (504) (489) (408) 52 121 61 286 (349) (14) 8 (1) 0 0 (1) 40.4 (28.5) (3.6) 8.1 (8.2) 66.5 0
Financing Cash Flow (1,672) (1,164) (883) (1,649) (2,452) (729) (47) (1,995) (1,624) (5,306) 147 265 (708) (314) 904 6,648 344.5 (396.6) (87.5) (439.2) (103) 154.8 338.9
Cash Position
Net Change in Cash (202) (11) 108 (477) (524) 238 79 (1,962) (974) 791 333 321 (593) 434 (42) 1,514 208 (51.6) (121.9) 35.6 53.6 0.5 27.7
Cash at Beginning 1,768 1,779 1,671 2,148 2,672 2,434 2,355 4,317 5,291 4,500 1,009 688 1,426 1,037 1,079 280 45.4 97 223.2 187.6 161.3 160.8 133.1
Cash at End 1,566 1,768 1,779 1,671 2,148 2,672 2,434 2,355 4,317 5,291 1,342 1,009 833 1,471 1,037 1,794 253.4 45.4 101.3 223.2 214.9 161.3 160.8
Free Cash Flow 1,413 974 615 1,011 1,775 803 44 677 200 1,391 386 152 (233) (621) (364) (104) (145) (291.5) (70) (200.8) 203.3 15.3 146.5
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 15,629 13,118 12,588 14,189 14,082 11,303 11,503 11,290 10,116 9,390 9,111 9,715 7,819 8,012 7,890 6,632 5,395 5,948 5,860 5,174 4,579 3,854 3,090 3,164 6,272 7,273 4,297.2 3,484 4,089.7 3,651.6 5,313.1 4,770.5 4,004.8
Gross Profit 5,514 4,276 3,931 4,506 5,063 3,531 4,035 4,461 4,020 3,763 3,653 4,052 3,324 3,319 3,576 3,049 2,093 2,738 2,749 2,283 1,984 1,415 849 602 1,820 2,911 1,811 1,859 1,760.4 1,446.2 1,476.1 2,048 1,688.2
Operating Income 2,331 1,135 890 1,438 2,112 509 1,306 1,575 1,630 1,424 1,322 1,931 1,371 1,179 1,694 1,801 391 1,520 1,081 846 772 369 (655) (2,720) (6,048) 409.5 737 710.9 682.6 505.3 586.9 661 460.7
Net Income 1,596 506 581 1,316 1,906 512 960 1,066 (497) 3,695 1,339 2,472 1,961 1,636 2,817 3,558 2,008 5,257 2,150 1,855 585 (2,185) (223) (1,302) (5,498) 422 516 421.3 439.8 175.6 (50.8) 281.3 (15.2)
EPS (Diluted) 1.85 0.58 0.68 1.54 1.28 0.54 1.07 1.13 -0.66 3.23 1.00 1.73 1.34 1.15 1.77 2.25 1.28 3.32 1.34 1.16 0.38 -1.61 -0.22 -1.39 -5.89 0.49 0.59 0.19 0.21 0.08 -0.07 0.44 -0.03
Balance Sheet
Cash & Equivalents 1,526 1,768 1,779 1,671 2,148 2,672 2,434 2,355 4,317 5,291 2,541 1,873 1,009 833 1,471 1,037 138 253.4 45.4 101.3 223.2 214.9 161.3 160.8
Total Assets 30,976 27,735 28,500 29,499 30,154 30,775 28,898 27,505 27,479 27,899 21,295 19,256 9,710 10,752 11,548 12,793 17,526 6,012.2 4,981.9 4,811.4 4,321.3 5,987.1 6,022.7 5,231.7
Total Debt 10,223 8,091 8,484 7,817 7,829 8,701 8,252 5,998 5,128 3,902 2,004 1,605 2,692 2,814 4,167 4,938 4,094 1,911 1,202.9 1,338.8 1,262.4 1,539 1,473.2 1,727.3
Stockholders' Equity 11,807 10,686 11,551 12,008 12,333 13,257 12,907 13,792 15,724 17,893 15,543 13,443 3,816 5,464 4,691 5,414 10,642 2,240.7 1,523.5 1,266.3 983.3 2,126.9 2,652.3 1,711.5
Cash Flow
Operating Cash Flow 2,695 1,939 2,005 2,615 3,412 2,180 2,031 2,919 2,004 2,500 1,939 1,009 133 (264) 1,436 1,421 775.7 465.6 704.8 397 698.6 402.2 589.6
Capital Expenditure (1,282) (965) (1,390) (1,604) (1,637) (1,377) (1,987) (2,242) (1,804) (1,109) (1,553) (857) (366) (357) (1,800) (1,525) (920.7) (757.1) (774.8) (597.8) (495.3) (386.9) (443.1)
Free Cash Flow 1,413 974 615 1,011 1,775 803 44 677 200 1,391 386 152 (233) (621) (364) (104) (145) (291.5) (70) (200.8) 203.3 15.3 146.5