SuperworthCorning GLW
- Market cap
- $106.5B
- PE
- 56.5×
- 10y median 40.5×
- Forward PE
- 33.0×
- 10y median 19.3×
- Price to sales
- 6.3×
- EV/EBIT
- 43.5×
- Revenue, 12 months
- $17B
- +19% on a year ago
- Net margin
- 11.2%
- Free cash flow yield
- 2.2%
Corning trades at 56.5× trailing earnings, near its ten-year median. Revenue was $17B over the last twelve months, up 19% on a year earlier with a 11% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $3.2B−9% | $3B−12% | $3B−6% | $3.3B+0% | $3.4B+7% | $3.5B+17% | $3.5B+16% | $3.9B+19% | $4.1B+21% | $4.2B+20% | $4.1B+20% | $4.5B+17% | |
| Cost of revenue | $2.2B−11% | $2.1B−16% | $2B−9% | $2.3B+3% | $2.3B+4% | $2.3B+11% | $2.2B+13% | $2.5B+7% | $2.6B+15% | $2.7B+18% | $2.6B+17% | $2.9B+17% |
| Gross profit | $1B−6% | $911M−0% | $993M−1% | $949M−6% | $1.1B+13% | $1.2B+31% | $1.2B+22% | $1.4B+47% | $1.5B+34% | $1.5B+25% | $1.5B+26% | $1.6B+17% |
| R&D | $270M−3% | $289M+3% | $258M+2% | $262M−0% | $294M+9% | $275M−5% | $270M+5% | $276M+5% | $280M−5% | $284M+3% | $278M+3% | $299M+8% |
| SG&A | $468M+2% | $514M−1% | $451M+7% | $471M+7% | $510M+9% | $499M−3% | $471M+4% | $515M+9% | $624M+22% | $512M+3% | $588M+25% | $608M+18% |
| $236M−19% | $78M−9% | $254M−15% | $186M−33% | $302M+28% | $393M+404% | $445M+75% | $573M+208% | $589M+95% | $672M+71% | $639M+44% | $698M+22% | |
| Interest expense | $82M+12% | $90M+18% | $83M+9% | $84M+4% | $83M+1% | $79M−12% | $82M−1% | $83M−1% | $78M−6% | $93M+18% | $92M+12% | $94M+13% |
| Pre-tax income | $217M−17% | −$38M | $296M+30% | $172M−58% | −$92M | $437M | $240M−19% | $584M+240% | $550M | $678M+55% | $529M+120% | $649M+11% |
| $35M+3% | −$10M | $71M+92% | $50M−53% | $3M−91% | $97M | $55M−23% | $84M+68% | $80M+2567% | $91M−6% | $121M+120% | $40M−52% | |
| Net income | $164M−21% | −$40M+11% | $209M+19% | $104M−63% | −$117M | $310M | $157M−25% | $469M+351% | $430M | $540M+74% | $371M+136% | $559M+19% |
| $0.19−21% | −$0.05+25% | $0.24+20% | $0.12−64% | −$0.14 | $0.36 | $0.18−25% | $0.54+350% | $0.50 | $0.62+72% | $0.43+139% | $0.64+19% | |
| 859M+1% | 851M+1% | 862M+0% | 864M+1% | 854M−1% | 866M+2% | 866M+1% | 865M+0% | 868M+2% | 868M+0% | 871M+1% | 875M+1% |
Net income: 10 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
EPS, diluted: 10 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
Diluted shares: 11 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release. Q1 FY10 and Q2 FY10: not printed by the filing, worked out from its own lines. 5 periods, Q4 FY13 to Q4 FY18: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY17: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $5B | $5B to $5.1B | $0.88 | $0.86 to $0.89 | 9 |
| Q4 FY26 | $5.2B | $5.2B to $5.2B | $0.93 | $0.91 to $0.94 | 8 |
| Q1 FY27 | $5.2B | $5.1B to $5.3B | $0.91 | $0.89 to $0.93 | 3 |
| Q2 FY27 | $5.6B | $5.6B to $5.8B | $1.05 | $1.02 to $1.08 | 4 |
| Q3 FY27 | $5.9B | $5.8B to $6B | $1.15 | $1.12 to $1.18 | 3 |
| Q4 FY27 | $6.1B | $6B to $6.3B | $1.23 | $1.20 to $1.26 | 4 |
| Q1 FY28 | $6.1B | $6B to $6.2B | $1.24 | $1.21 to $1.27 | 4 |
| Q2 FY28 | $6.4B | $6.3B to $6.5B | $1.37 | $1.34 to $1.40 | 5 |
Peers
Companies in Hardware, Equipment & Parts nearest Corning's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| GLWCorning | $106.5B | 56.5× | 40.5× | 33.0× | 6.3× | +19% | 11.2% |
| APHAmphenol | $182.7B | 37.1× | 31.8× | 24.9× | 6.3× | +54% | 17.7% |
| GRMNGarmin | $56.6B | 30.3× | 21.4× | 28.5× | 7.4× | +14% | 24.5% |
| KEYSKeysight Technologies | $53.6B | 43.1× | 36.5× | 23.5× | 8.1× | +26% | 19.1% |
| COHRCoherent | $41B | 50.9× | 30.1× | 22.3× | 5.8× | +23% | 11.3% |
| CLSCelestica | $29.9B | 27.1× | 45.0× | n/m | 1.9× | +47% | 7.2% |
| TDYTeledyne Technologies | $29B | 30.2× | 29.3× | 24.5× | 4.5× | +8% | 15.3% |
| JBLJabil | $28.7B | 34.2× | 26.0× | 15.5× | 0.9× | +18% | 2.6% |
| FLEXFlex | $28.3B | 29.6× | 17.8× | 14.7× | 1.0× | +12% | 3.3% |
| FTVFortive | $18.2B | 35.7× | 22.9× | n/m | 4.2× | +6% | 12.4% |
| MKSIMKS | $13.3B | 31.4× | 25.2× | n/m | 3.1× | +16% | 10.1% |
| Peer median | $29.4B | 32.8× | 27.6× | 23.5× | 4.4× | +17% | 11.8% |
Investors who own it
Investors we follow who held Corning at the end of Jun 30, 2026, from their 13F filings.
- Stephen MandelLone Pine Capital4.3% of portfoliotrimmed
- Lee AinslieMaverick Capital0.0% of portfoliotrimmed
More on Corning
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
Its groups
About
- Industry
- Hardware, Equipment & Parts
- Sector
- Technology
Valuation data, not investment advice. Prices as of .