Corning Incorporated (GLW)
Stock Price: $37.80 USD
-0.23 (-0.60%)
Updated Jan 15, 2021 4:00 PM EST - Market closed
Income Statement (Annual)
Numbers in millions USD. Fiscal year is January-December.
Year | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 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 | 6,047 | 6,920 | 4,741 | 3,922 | 3,870 | 3,054 | 2,671 | |
Revenue Growth | 1.89% | 11.61% | 7.73% | 3.06% | -6.22% | 24.25% | -2.41% | 1.55% | 18.97% | 22.93% | -9.3% | 1.5% | 13.26% | 12.99% | 18.81% | 24.72% | -2.34% | -47.68% | -12.62% | 45.96% | 20.89% | 1.33% | 26.73% | 14.31% | - | |
Cost of Revenue | 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 | 2,361 | 2,224 | 1,830 | 1,609 | |
Gross Profit | 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 | 1,561 | 1,646 | 1,224 | 1,063 | |
Selling, General & Admin | 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 | 543 | 593 | 499 | 404 | |
Research & Development | 1,031 | 993 | 864 | 736 | 769 | 815 | 710 | 769 | 668 | 603 | 563 | 627 | 565 | 517 | 443 | 355 | 344 | 483 | 622 | 531 | 378 | 307 | 263 | 189 | 172 | |
Other Operating Expenses | 268 | 310 | 156 | 258 | 150 | 79.00 | 72.00 | 166 | 168 | -370.00 | 258 | -288.00 | 191 | 63.00 | 193 | 1,892 | 684 | 2,161 | 6,184 | 716 | 40.00 | 107 | 21.80 | 0.00 | 26.50 | |
Operating Expenses | 2,884 | 3,102 | 2,493 | 2,456 | 2,427 | 2,096 | 1,908 | 2,140 | 1,864 | 1,248 | 1,702 | 1,240 | 1,668 | 1,437 | 1,392 | 2,900 | 1,627 | 3,360 | 7,896 | 2,288 | 1,085 | 957 | 878 | 689 | 603 | |
Operating Income | 1,151 | 1,359 | 1,527 | 1,307 | 1,226 | 1,956 | 1,416 | 1,179 | 1,712 | 1,801 | 391 | 1,498 | 1,081 | 846 | 592 | -1,485 | -778 | -2,758 | -6,076 | 623 | 726 | 604 | 768 | 535 | 460 | |
Interest Expense / Income | 221 | 191 | 155 | 159 | 140 | 123 | 120 | 111 | 89.00 | 109 | 82.00 | 59.00 | 82.00 | 76.00 | 108 | 133 | 149 | 179 | 153 | 107 | 93.00 | 66.80 | 83.00 | 57.20 | 56.60 | |
Other Expense / Income | -286 | -335 | -285 | -2,544 | -400 | -1,735 | -1,177 | -907 | -1,608 | -2,153 | -1,625 | -1,443 | -1,272 | -1,140 | -679 | -471 | -340 | -909 | -263 | -289 | -90.00 | -33.50 | -0.10 | 151 | 347 | |
Pretax Income | 1,216 | 1,503 | 1,657 | 3,692 | 1,486 | 3,568 | 2,473 | 1,975 | 3,231 | 3,845 | 1,934 | 2,882 | 2,271 | 1,910 | 1,163 | -1,147 | -587 | -2,028 | -5,966 | 805 | 723 | 571 | 685 | 327 | 56.50 | |
Income Tax | 256 | 437 | 2,154 | -3.00 | 147 | 1,096 | 512 | 339 | 414 | 287 | -74.00 | -2,375 | 121 | 55.00 | 578 | 1,084 | -307 | -726 | -468 | 383 | 207 | 150 | 223 | 151 | 107 | |
Net Income | 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 | -2,231 | -280 | -1,302 | -5,498 | 422 | 516 | 421 | 462 | 176 | -50.80 | |
Shares Outstanding (Basic) | 769 | 800 | 869 | 951 | 1,183 | 1,282 | 1,447 | 1,478 | 1,572 | 1,563 | 1,556 | 1,554 | 1,576 | 1,564 | 1,524 | 1,402 | 1,330 | 1,148 | 946 | 884 | 734 | 693 | 695 | - | - | |
Shares Change | -3.91% | -7.9% | -8.64% | -19.59% | -7.71% | -11.43% | -2.07% | -5.96% | 0.56% | 0.44% | 0.11% | -1.36% | 0.74% | 2.65% | 8.68% | 5.45% | 15.83% | 21.38% | 6.96% | 20.4% | 5.89% | -0.2% | - | - | - | |
EPS (Basic) | 1.11 | 1.19 | -0.66 | 3.53 | 1.02 | 1.82 | 1.35 | 1.10 | 1.80 | 2.28 | 1.30 | 3.37 | 1.37 | 1.20 | 0.40 | -1.61 | -0.22 | -1.39 | -5.89 | 0.49 | 0.67 | 0.57 | 0.63 | 0.25 | -0.08 | |
EPS (Diluted) | 1.07 | 1.13 | -0.66 | 3.23 | 1.00 | 1.73 | 1.34 | 1.09 | 1.78 | 2.25 | 1.28 | 3.32 | 1.34 | 1.16 | 0.38 | -1.61 | -0.22 | -1.39 | -5.89 | 0.48 | 0.66 | 0.56 | 0.61 | 0.26 | -0.08 | |
EPS Growth | -5.31% | - | - | 223% | -42.2% | 29.1% | 22.94% | -38.76% | -20.89% | 75.78% | -61.45% | 147.76% | 15.52% | 205.26% | - | - | - | - | - | -27.27% | 17.86% | -7.74% | 133.46% | - | - | |
Free Cash Flow Per Share | 0.16 | 0.79 | 0.23 | 1.48 | 1.34 | 2.83 | 1.22 | 0.95 | 0.48 | 1.81 | 0.76 | 0.13 | 0.52 | 0.40 | 0.25 | 0.11 | -0.18 | -0.59 | -0.38 | -0.13 | 0.15 | 0.13 | - | - | - | |
Dividend Per Share | 0.80 | 0.72 | 0.62 | 0.54 | 0.48 | 0.40 | 0.39 | 0.32 | 0.23 | 0.20 | 0.20 | 0.20 | 0.10 | - | - | - | - | - | 0.12 | 0.24 | 0.24 | 0.24 | 2.57 | 0.24 | 0.24 | |
Dividend Growth | 11.11% | 16.13% | 14.81% | 12.5% | 20% | 2.56% | 23.81% | 40% | 12.5% | 0% | 0% | 100% | - | - | - | - | - | - | -50% | 0% | 0% | -90.67% | 972.08% | 0% | - | |
Gross Margin | 35.1% | 39.5% | 39.7% | 40.1% | 40.1% | 41.7% | 42.5% | 41.4% | 45.3% | 46% | 38.8% | 46% | 46.9% | 44.1% | 43.3% | 36.7% | 27.5% | 19% | 30.1% | 42.1% | 38.2% | 39.8% | 42.5% | 40.1% | 39.8% | |
Operating Margin | 10.0% | 12.0% | 15.1% | 13.9% | 13.5% | 20.1% | 18.1% | 14.7% | 21.7% | 27.2% | 7.2% | 25.2% | 18.4% | 16.4% | 12.9% | -38.5% | -25.2% | -87.2% | -100.5% | 9.0% | 15.3% | 15.4% | 19.8% | 17.5% | 17.2% | |
Profit Margin | 8.3% | 9.4% | -4.9% | 39.4% | 14.7% | 25.4% | 25.1% | 20.4% | 35.7% | 53.6% | 37.2% | 88.4% | 36.7% | 35.9% | 12.8% | -57.9% | -9.1% | -45.2% | -90.9% | 6.1% | 10.9% | 10.7% | 11.9% | 5.8% | -1.9% | |
FCF Margin | 1.1% | 5.6% | 2.0% | 15.0% | 17.3% | 37.4% | 22.6% | 17.5% | 9.6% | 42.6% | 22.0% | 3.5% | 13.9% | 12.0% | 8.4% | 3.9% | -7.5% | -21.5% | -5.9% | -1.6% | 2.3% | 2.4% | -0.1% | -0.1% | 8.1% | |
Effective Tax Rate | 21.1% | 29.1% | - | - | 9.9% | 30.7% | 20.7% | 17.2% | 12.8% | 7.5% | - | - | 5.3% | 2.9% | 49.7% | - | - | - | - | 47.6% | 28.6% | 26.2% | 32.6% | 46.3% | - | |
EBITDA | 2,940 | 2,987 | 2,970 | 5,046 | 2,810 | 4,891 | 3,595 | 3,083 | 4,277 | 4,808 | 2,808 | 3,636 | 2,960 | 2,577 | 1,783 | -491 | 79.00 | -1,188 | -4,753 | 1,659 | 1,192 | 936 | 1,073 | 637 | 334 | |
EBITDA Margin | 25.6% | 26.5% | 29.4% | 53.7% | 30.8% | 50.3% | 46% | 38.5% | 54.2% | 72.5% | 52% | 61.1% | 50.5% | 49.8% | 38.9% | -12.7% | 2.6% | -37.5% | -78.6% | 24% | 25.1% | 23.9% | 27.7% | 20.8% | 12.5% | |
EBIT | 1,437 | 1,694 | 1,812 | 3,851 | 1,626 | 3,691 | 2,593 | 2,086 | 3,320 | 3,954 | 2,016 | 2,941 | 2,353 | 1,986 | 1,271 | -1,014 | -438 | -1,849 | -5,813 | 912 | 816 | 638 | 768 | 384 | 113 | |
EBIT Margin | 12.5% | 15.0% | 17.9% | 41.0% | 17.8% | 38.0% | 33.2% | 26.0% | 42.1% | 59.6% | 37.4% | 49.4% | 40.2% | 38.4% | 27.8% | -26.3% | -14.2% | -58.4% | -96.1% | 13.2% | 17.2% | 16.3% | 19.8% | 12.6% | 4.2% |