Corning Statistics
Total Valuation
Corning has a market cap or net worth of $56.31 billion. The enterprise value is $63.34 billion.
| Market Cap | 56.31B |
| Enterprise Value | 63.34B |
Important Dates
The last earnings date was Tuesday, July 29, 2025, before market open.
| Earnings Date | Jul 29, 2025 |
| Ex-Dividend Date | Aug 29, 2025 |
Share Statistics
Corning has 856.62 million shares outstanding. The number of shares has increased by 0.87% in one year.
| Current Share Class | 856.62M |
| Shares Outstanding | 856.62M |
| Shares Change (YoY) | +0.87% |
| Shares Change (QoQ) | -0.12% |
| Owned by Insiders (%) | 0.29% |
| Owned by Institutions (%) | 73.77% |
| Float | 782.30M |
Valuation Ratios
The trailing PE ratio is 70.03 and the forward PE ratio is 25.01. Corning's PEG ratio is 1.30.
| PE Ratio | 70.03 |
| Forward PE | 25.01 |
| PS Ratio | 3.91 |
| Forward PS | 3.42 |
| PB Ratio | 4.73 |
| P/TBV Ratio | 7.12 |
| P/FCF Ratio | 47.18 |
| P/OCF Ratio | 25.83 |
| PEG Ratio | 1.30 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.89, with an EV/FCF ratio of 53.05.
| EV / Earnings | 77.34 |
| EV / Sales | 4.46 |
| EV / EBITDA | 19.89 |
| EV / EBIT | 34.24 |
| EV / FCF | 53.05 |
Financial Position
The company has a current ratio of 1.50, with a Debt / Equity ratio of 0.74.
| Current Ratio | 1.50 |
| Quick Ratio | 0.69 |
| Debt / Equity | 0.74 |
| Debt / EBITDA | 2.49 |
| Debt / FCF | 7.12 |
| Interest Coverage | 5.66 |
Financial Efficiency
Return on equity (ROE) is 8.28% and return on invested capital (ROIC) is 5.90%.
| Return on Equity (ROE) | 8.28% |
| Return on Assets (ROA) | 4.14% |
| Return on Invested Capital (ROIC) | 5.90% |
| Return on Capital Employed (ROCE) | 7.95% |
| Revenue Per Employee | $252,327 |
| Profits Per Employee | $14,547 |
| Employee Count | 56,300 |
| Asset Turnover | 0.51 |
| Inventory Turnover | 3.18 |
Taxes
In the past 12 months, Corning has paid $239.00 million in taxes.
| Income Tax | 239.00M |
| Effective Tax Rate | 20.44% |
Stock Price Statistics
The stock price has increased by +70.74% 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 | +70.74% |
| 50-Day Moving Average | 54.74 |
| 200-Day Moving Average | 49.41 |
| Relative Strength Index (RSI) | 78.69 |
| Average Volume (20 Days) | 5,899,318 |
Short Selling Information
The latest short interest is 12.71 million, so 1.48% of the outstanding shares have been sold short.
| Short Interest | 12.71M |
| Short Previous Month | 13.07M |
| Short % of Shares Out | 1.48% |
| Short % of Float | 1.62% |
| Short Ratio (days to cover) | 3.13 |
Income Statement
In the last 12 months, Corning had revenue of $14.21 billion and earned $819.00 million in profits. Earnings per share was $0.94.
| Revenue | 14.21B |
| Gross Profit | 5.03B |
| Operating Income | 1.85B |
| Pretax Income | 583.00M |
| Net Income | 819.00M |
| EBITDA | 3.19B |
| EBIT | 1.85B |
| Earnings Per Share (EPS) | $0.94 |
Balance Sheet
The company has $1.49 billion in cash and $8.50 billion in debt, giving a net cash position of -$7.01 billion or -$8.18 per share.
| Cash & Cash Equivalents | 1.49B |
| Total Debt | 8.50B |
| Net Cash | -7.01B |
| Net Cash Per Share | -$8.18 |
| Equity (Book Value) | 11.55B |
| Book Value Per Share | 13.74 |
| Working Capital | 2.72B |
Cash Flow
In the last 12 months, operating cash flow was $2.18 billion and capital expenditures -$987.00 million, giving a free cash flow of $1.19 billion.
| Operating Cash Flow | 2.18B |
| Capital Expenditures | -987.00M |
| Free Cash Flow | 1.19B |
| FCF Per Share | $1.39 |
Margins
Gross margin is 35.41%, with operating and profit margins of 13.02% and 5.77%.
| Gross Margin | 35.41% |
| Operating Margin | 13.02% |
| Pretax Margin | 8.23% |
| Profit Margin | 5.77% |
| EBITDA Margin | 22.42% |
| EBIT Margin | 13.02% |
| FCF Margin | 8.40% |
Dividends & Yields
This stock pays an annual dividend of $1.12, which amounts to a dividend yield of 1.70%.
| Dividend Per Share | $1.12 |
| Dividend Yield | 1.70% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 119.32% |
| Buyback Yield | -0.87% |
| Shareholder Yield | 0.83% |
| Earnings Yield | 1.45% |
| FCF Yield | 2.12% |
Analyst Forecast
The average price target for Corning is $65.17, which is -0.85% lower than the current price. The consensus rating is "Buy".
| Price Target | $65.17 |
| Price Target Difference | -0.85% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | 46.61% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Stock Splits
The last stock split was on October 4, 2000. It was a forward split with a ratio of 3:1.
| Last Split Date | Oct 4, 2000 |
| Split Type | Forward |
| Split Ratio | 3:1 |
Scores
Corning has an Altman Z-Score of 2.97 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.97 |
| Piotroski F-Score | 7 |