Corning Statistics

Total Valuation

Corning has a market cap or net worth of EUR 38.89 billion. The enterprise value is 45.70 billion.

Market Cap	38.89B
Enterprise Value	45.70B

Important Dates

The next estimated earnings date is Wednesday, January 29, 2025.

Earnings Date	Jan 29, 2025
Ex-Dividend Date	Nov 15, 2024

Share Statistics

Current Share Class	n/a
Shares Outstanding	n/a
Shares Change (YoY)	+1.02%
Shares Change (QoQ)	-1.16%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	778.81M

Valuation Ratios

The trailing PE ratio is 278.02.

PE Ratio	278.02
Forward PE	n/a
PS Ratio	n/a
PB Ratio	n/a
P/TBV Ratio	5.49
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.65, with an EV/FCF ratio of 49.05.

EV / Earnings	326.70
EV / Sales	3.77
EV / EBITDA	16.65
EV / EBIT	38.17
EV / FCF	49.05

Financial Position

The company has a current ratio of 1.66, with a Debt / Equity ratio of 0.73.

Current Ratio	1.66
Quick Ratio	0.78
Debt / Equity	0.73
Debt / EBITDA	2.92
Debt / FCF	8.03
Interest Coverage	3.67

Financial Efficiency

Return on equity (ROE) is 1.93% and return on invested capital (ROIC) is 3.90%.

Return on Equity (ROE)	1.93%
Return on Assets (ROA)	2.75%
Return on Capital (ROIC)	3.90%
Revenue Per Employee	227,049
Profits Per Employee	2,809
Employee Count	49,800
Asset Turnover	0.45
Inventory Turnover	3.07

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +60.97% in the last 52 weeks. The beta is 1.06, so Corning's price volatility has been similar to the market average.

Beta (5Y)	1.06
52-Week Price Change	+60.97%
50-Day Moving Average	44.92
200-Day Moving Average	37.76
Relative Strength Index (RSI)	40.50
Average Volume (20 Days)	228

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	2.22

Income Statement

In the last 12 months, Corning had revenue of EUR 11.31 billion and earned 139.87 million in profits. Earnings per share was 0.16.

Revenue	11.31B
Gross Profit	3.81B
Operating Income	1.12B
Pretax Income	303.05M
Net Income	139.87M
EBITDA	2.34B
EBIT	1.12B
Earnings Per Share (EPS)	0.16

Full Income Statement

Balance Sheet

The company has 1.45 billion in cash and 7.48 billion in debt, giving a net cash position of -6.03 billion.

Cash & Cash Equivalents	1.45B
Total Debt	7.48B
Net Cash	-6.03B
Net Cash Per Share	n/a
Equity (Book Value)	10.28B
Book Value Per Share	12.23
Working Capital	2.72B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.82 billion and capital expenditures -887.63 million, giving a free cash flow of 931.57 million.

Operating Cash Flow	1.82B
Capital Expenditures	-887.63M
Free Cash Flow	931.57M
FCF Per Share	n/a

Full Cash Flow Statement

Margins

Gross margin is 33.66%, with operating and profit margins of 9.89% and 1.24%.

Gross Margin	33.66%
Operating Margin	9.89%
Pretax Margin	2.68%
Profit Margin	1.24%
EBITDA Margin	20.67%
EBIT Margin	9.89%
FCF Margin	8.24%

Dividends & Yields

This stock pays an annual dividend of 1.03, which amounts to a dividend yield of 2.27%.

Dividend Per Share	1.03
Dividend Yield	2.27%
Dividend Growth (YoY)	-0.87%
Years of Dividend Growth	3
Payout Ratio	631.41%
Buyback Yield	-1.02%
Shareholder Yield	1.25%
Earnings Yield	n/a
FCF Yield	n/a

Dividend Details

Stock Splits

The last stock split was on October 4, 2000. It was a forward split with a ratio of 3.

Last Split Date	Oct 4, 2000
Split Type	Forward
Split Ratio	3

Scores

Corning has an Altman Z-Score of 2.55. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.55
Piotroski F-Score	n/a