Corning Statistics

Total Valuation

Corning has a market cap or net worth of GBP 37.55 billion. The enterprise value is 43.31 billion.

Market Cap	37.55B
Enterprise Value	43.31B

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	778.80M

Valuation Ratios

The trailing PE ratio is 322.60.

PE Ratio	322.60
Forward PE	n/a
PS Ratio	n/a
PB Ratio	n/a
P/TBV Ratio	6.37
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 18.65, with an EV/FCF ratio of 55.86.

EV / Earnings	372.07
EV / Sales	4.23
EV / EBITDA	18.65
EV / EBIT	42.77
EV / FCF	55.86

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	188,937
Profits Per Employee	2,337
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 +77.22% in the last 52 weeks. The beta is 1.03, so Corning's price volatility has been similar to the market average.

Beta (5Y)	1.03
52-Week Price Change	+77.22%
50-Day Moving Average	48.22
200-Day Moving Average	42.14
Relative Strength Index (RSI)	75.95
Average Volume (20 Days)	2,281

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)	2.42

Income Statement

In the last 12 months, Corning had revenue of GBP 9.41 billion and earned 116.39 million in profits. Earnings per share was 0.14.

Revenue	9.41B
Gross Profit	3.17B
Operating Income	930.39M
Pretax Income	252.18M
Net Income	116.39M
EBITDA	1.95B
EBIT	930.39M
Earnings Per Share (EPS)	0.14

Full Income Statement

Balance Sheet

The company has 1.20 billion in cash and 6.22 billion in debt, giving a net cash position of -5.02 billion.

Cash & Cash Equivalents	1.20B
Total Debt	6.22B
Net Cash	-5.02B
Net Cash Per Share	n/a
Equity (Book Value)	8.56B
Book Value Per Share	10.18
Working Capital	2.27B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.51 billion and capital expenditures -738.64 million, giving a free cash flow of 775.20 million.

Operating Cash Flow	1.51B
Capital Expenditures	-738.64M
Free Cash Flow	775.20M
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 0.88, which amounts to a dividend yield of 1.63%.

Dividend Per Share	0.88
Dividend Yield	1.63%
Dividend Growth (YoY)	-3.11%
Years of Dividend Growth	n/a
Payout Ratio	631.41%
Buyback Yield	-1.02%
Shareholder Yield	0.65%
Earnings Yield	0.31%
FCF Yield	2.06%

Dividend Details

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

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