Corning Statistics
Total Valuation
Corning has a market cap or net worth of $110.78 billion. The enterprise value is $118.63 billion.
| Market Cap | 110.78B |
| Enterprise Value | 118.63B |
Important Dates
The next estimated earnings date is Tuesday, April 28, 2026, before market open.
| Earnings Date | Apr 28, 2026 |
| Ex-Dividend Date | Feb 27, 2026 |
Share Statistics
Corning has 857.95 million shares outstanding. The number of shares has increased by 0.23% in one year.
| Current Share Class | 857.95M |
| Shares Outstanding | 857.95M |
| Shares Change (YoY) | +0.23% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 0.21% |
| Owned by Institutions (%) | 74.62% |
| Float | 787.37M |
Valuation Ratios
The trailing PE ratio is 70.56 and the forward PE ratio is 41.45. Corning's PEG ratio is 1.15.
| PE Ratio | 70.56 |
| Forward PE | 41.45 |
| PS Ratio | 7.09 |
| Forward PS | 5.94 |
| PB Ratio | 9.37 |
| P/TBV Ratio | 12.79 |
| P/FCF Ratio | 78.40 |
| P/OCF Ratio | 41.11 |
| PEG Ratio | 1.15 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 32.32, with an EV/FCF ratio of 83.96.
| EV / Earnings | 74.33 |
| EV / Sales | 7.59 |
| EV / EBITDA | 32.32 |
| EV / EBIT | 51.05 |
| EV / FCF | 83.96 |
Financial Position
The company has a current ratio of 1.59, with a Debt / Equity ratio of 0.76.
| Current Ratio | 1.59 |
| Quick Ratio | 0.76 |
| Debt / Equity | 0.76 |
| Debt / EBITDA | 2.41 |
| Debt / FCF | 6.64 |
| Interest Coverage | 6.92 |
Financial Efficiency
Return on equity (ROE) is 14.90% and return on invested capital (ROIC) is 9.94%.
| Return on Equity (ROE) | 14.90% |
| Return on Assets (ROA) | 4.95% |
| Return on Invested Capital (ROIC) | 9.94% |
| Return on Capital Employed (ROCE) | 9.17% |
| Weighted Average Cost of Capital (WACC) | 9.34% |
| Revenue Per Employee | $232,574 |
| Profits Per Employee | $23,750 |
| Employee Count | 67,200 |
| Asset Turnover | 0.53 |
| Inventory Turnover | 3.45 |
Taxes
In the past 12 months, Corning has paid $310.00 million in taxes.
| Income Tax | 310.00M |
| Effective Tax Rate | 15.11% |
Stock Price Statistics
The stock price has increased by +184.41% in the last 52 weeks. The beta is 1.02, so Corning's price volatility has been similar to the market average.
| Beta (5Y) | 1.02 |
| 52-Week Price Change | +184.41% |
| 50-Day Moving Average | 116.77 |
| 200-Day Moving Average | 83.07 |
| Relative Strength Index (RSI) | 48.48 |
| Average Volume (20 Days) | 13,718,189 |
Short Selling Information
The latest short interest is 15.21 million, so 1.77% of the outstanding shares have been sold short.
| Short Interest | 15.21M |
| Short Previous Month | 13.44M |
| Short % of Shares Out | 1.77% |
| Short % of Float | 1.93% |
| Short Ratio (days to cover) | 1.12 |
Income Statement
In the last 12 months, Corning had revenue of $15.63 billion and earned $1.60 billion in profits. Earnings per share was $1.83.
| Revenue | 15.63B |
| Gross Profit | 5.62B |
| Operating Income | 2.32B |
| Pretax Income | 2.05B |
| Net Income | 1.60B |
| EBITDA | 3.67B |
| EBIT | 2.32B |
| Earnings Per Share (EPS) | $1.83 |
Balance Sheet
The company has $1.53 billion in cash and $9.38 billion in debt, with a net cash position of -$7.85 billion or -$9.15 per share.
| Cash & Cash Equivalents | 1.53B |
| Total Debt | 9.38B |
| Net Cash | -7.85B |
| Net Cash Per Share | -$9.15 |
| Equity (Book Value) | 12.31B |
| Book Value Per Share | 13.78 |
| Working Capital | 3.31B |
Cash Flow
In the last 12 months, operating cash flow was $2.70 billion and capital expenditures -$1.28 billion, giving a free cash flow of $1.41 billion.
| Operating Cash Flow | 2.70B |
| Capital Expenditures | -1.28B |
| Free Cash Flow | 1.41B |
| FCF Per Share | $1.65 |
Margins
Gross margin is 35.98%, with operating and profit margins of 14.87% and 10.21%.
| Gross Margin | 35.98% |
| Operating Margin | 14.87% |
| Pretax Margin | 13.13% |
| Profit Margin | 10.21% |
| EBITDA Margin | 23.49% |
| EBIT Margin | 14.87% |
| FCF Margin | 9.04% |
Dividends & Yields
This stock pays an annual dividend of $1.12, which amounts to a dividend yield of 0.87%.
| Dividend Per Share | $1.12 |
| Dividend Yield | 0.87% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 61.20% |
| Buyback Yield | -0.23% |
| Shareholder Yield | 0.64% |
| Earnings Yield | 1.44% |
| FCF Yield | 1.28% |
Analyst Forecast
The average price target for Corning is $122.60, which is -5.05% lower than the current price. The consensus rating is "Buy".
| Price Target | $122.60 |
| Price Target Difference | -5.05% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | 31.07% |
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 3.34 and a Piotroski F-Score of 7.
| Altman Z-Score | 3.34 |
| Piotroski F-Score | 7 |