Home » Stocks » GLW » Financials » Income Statement

Corning Incorporated (GLW)

Stock Price: $31.97 USD -0.13 (-0.40%)
Updated Oct 30, 2020 4:03 PM EDT - Market closed
After-hours: $32.00 +0.03 (0.09%) Oct 30, 7:59 PM

Income Statement (Annual)

Numbers in millions USD. Fiscal year is January-December.
Year2019201820172016201520142013201220112010200920082007200620052004200320022001200019991998199719961995
Revenue11,50311,29010,1169,3909,1119,7157,8198,0127,8906,6325,3955,9485,8605,1744,5793,8543,0903,1646,0476,9204,7413,9223,8703,0542,671
Revenue Growth1.89%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 Revenue7,4686,8296,0965,6275,4585,6634,4954,6934,3143,5833,3023,2103,1112,8912,5952,4392,2412,5624,2274,0092,9302,3612,2241,8301,609
Gross Profit4,0354,4614,0203,7633,6534,0523,3243,3193,5763,0492,0932,7382,7492,2831,9841,4158496021,8202,9111,8111,5611,6461,2241,063
Selling, General & Admin1,5851,7991,4731,4621,5081,2021,1261,2051,0281,0158819019128577566535997161,0901,041667543593499404
Research & Development1,031993864736769815710769668603563627565517443355344483622531378307263189172
Other Operating Expenses26831015625815079.0072.00166168-370.00258-288.0019163.001931,8926842,1616,18471640.0010721.800.0026.50
Operating Expenses2,8843,1022,4932,4562,4272,0961,9082,1401,8641,2481,7021,2401,6681,4371,3922,9001,6273,3607,8962,2881,085957878689603
Operating Income1,1511,3591,5271,3071,2261,9561,4161,1791,7121,8013911,4981,081846592-1,485-778-2,758-6,076623726604768535460
Interest Expense / Income22119115515914012312011189.0010982.0059.0082.0076.0010813314917915310793.0066.8083.0057.2056.60
Other Expense / Income-286-335-285-2,544-400-1,735-1,177-907-1,608-2,153-1,625-1,443-1,272-1,140-679-471-340-909-263-289-90.00-33.50-0.10151347
Pretax Income1,2161,5031,6573,6921,4863,5682,4731,9753,2313,8451,9342,8822,2711,9101,163-1,147-587-2,028-5,96680572357168532756.50
Income Tax2564372,154-3.001471,096512339414287-74.00-2,37512155.005781,084-307-726-468383207150223151107
Net Income9601,066-4973,6951,3392,4721,9611,6362,8173,5582,0085,2572,1501,855585-2,231-280-1,302-5,498422516421462176-50.80
Shares Outstanding (Basic)7698008699511,1831,2821,4471,4781,5721,5631,5561,5541,5761,5641,5241,4021,3301,148946884734693695--
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)1.111.19-0.663.531.021.821.351.101.802.281.303.371.371.200.40-1.61-0.22-1.39-5.890.490.670.570.630.25-0.08
EPS (Diluted)1.071.13-0.663.231.001.731.341.091.782.251.283.321.341.160.38-1.61-0.22-1.39-5.890.480.660.560.610.26-0.08
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 Share0.160.790.231.481.342.831.220.950.481.810.760.130.520.400.250.11-0.18-0.59-0.38-0.130.150.13---
Dividend Per Share0.800.720.620.540.480.400.390.320.230.200.200.200.10-----0.120.240.240.242.570.240.24
Dividend Growth11.11%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 Margin35.1%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 Margin10.0%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 Margin8.3%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 Margin1.1%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 Rate21.1%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%-
EBITDA2,9402,9872,9705,0462,8104,8913,5953,0834,2774,8082,8083,6362,9602,5771,783-49179.00-1,188-4,7531,6591,1929361,073637334
EBITDA Margin25.6%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%
EBIT1,4371,6941,8123,8511,6263,6912,5932,0863,3203,9542,0162,9412,3531,9861,271-1,014-438-1,849-5,813912816638768384113
EBIT Margin12.5%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%