Corning Statistics
Total Valuation
Corning has a market cap or net worth of $128.33 billion. The enterprise value is $135.20 billion.
| Market Cap | 128.33B |
| Enterprise Value | 135.20B |
Important Dates
The last earnings date was Tuesday, July 28, 2026, before market open.
| Earnings Date | Jul 28, 2026 |
| Ex-Dividend Date | Aug 31, 2026 |
Share Statistics
Corning has 861.39 million shares outstanding. The number of shares has increased by 0.81% in one year.
| Current Share Class | 861.39M |
| Shares Outstanding | 861.39M |
| Shares Change (YoY) | +0.81% |
| Shares Change (QoQ) | +0.46% |
| Owned by Insiders (%) | 0.23% |
| Owned by Institutions (%) | 74.45% |
| Float | 790.55M |
Valuation Ratios
The trailing PE ratio is 68.73 and the forward PE ratio is 40.24. Corning's PEG ratio is 1.32.
| PE Ratio | 68.73 |
| Forward PE | 40.24 |
| PS Ratio | 7.56 |
| Forward PS | 6.21 |
| PB Ratio | 10.75 |
| P/TBV Ratio | 13.55 |
| P/FCF Ratio | 53.58 |
| P/OCF Ratio | 32.78 |
| PEG Ratio | 1.32 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 33.10, with an EV/FCF ratio of 56.45.
| EV / Earnings | 71.16 |
| EV / Sales | 7.97 |
| EV / EBITDA | 33.10 |
| EV / EBIT | 51.04 |
| EV / FCF | 56.45 |
Financial Position
The company has a current ratio of 1.81, with a Debt / Equity ratio of 0.71.
| Current Ratio | 1.81 |
| Quick Ratio | 0.98 |
| Debt / Equity | 0.71 |
| Debt / EBITDA | 2.18 |
| Debt / FCF | 3.92 |
| Interest Coverage | 7.42 |
Financial Efficiency
Return on equity (ROE) is 16.81% and return on invested capital (ROIC) is 11.27%.
| Return on Equity (ROE) | 16.81% |
| Return on Assets (ROA) | 5.37% |
| Return on Invested Capital (ROIC) | 11.27% |
| Return on Capital Employed (ROCE) | 9.83% |
| Weighted Average Cost of Capital (WACC) | 10.07% |
| Revenue Per Employee | $252,440 |
| Profits Per Employee | $28,274 |
| Employee Count | 67,200 |
| Asset Turnover | 0.55 |
| Inventory Turnover | 3.31 |
Taxes
In the past 12 months, Corning has paid $332.00 million in taxes.
| Income Tax | 332.00M |
| Effective Tax Rate | 13.80% |
Stock Price Statistics
The stock price has increased by +121.53% in the last 52 weeks. The beta is 1.15, so Corning's price volatility has been higher than the market average.
| Beta (5Y) | 1.15 |
| 52-Week Price Change | +121.53% |
| 50-Day Moving Average | 171.12 |
| 200-Day Moving Average | 142.20 |
| Relative Strength Index (RSI) | 44.57 |
| Average Volume (20 Days) | 9,175,913 |
Short Selling Information
The latest short interest is 16.80 million, so 1.95% of the outstanding shares have been sold short.
| Short Interest | 16.80M |
| Short Previous Month | 19.13M |
| Short % of Shares Out | 1.95% |
| Short % of Float | 2.12% |
| Short Ratio (days to cover) | 1.25 |
Income Statement
In the last 12 months, Corning had revenue of $16.96 billion and earned $1.90 billion in profits. Earnings per share was $2.17.
| Revenue | 16.96B |
| Gross Profit | 6.17B |
| Operating Income | 2.65B |
| Pretax Income | 2.41B |
| Net Income | 1.90B |
| EBITDA | 4.09B |
| EBIT | 2.65B |
| Earnings Per Share (EPS) | $2.17 |
Balance Sheet
The company has $2.50 billion in cash and $9.38 billion in debt, with a net cash position of -$6.88 billion or -$7.98 per share.
| Cash & Cash Equivalents | 2.50B |
| Total Debt | 9.38B |
| Net Cash | -6.88B |
| Net Cash Per Share | -$7.98 |
| Equity (Book Value) | 13.13B |
| Book Value Per Share | 13.86 |
| Working Capital | 4.90B |
Cash Flow
In the last 12 months, operating cash flow was $3.92 billion and capital expenditures -$1.52 billion, giving a free cash flow of $2.40 billion.
| Operating Cash Flow | 3.92B |
| Capital Expenditures | -1.52B |
| Depreciation & Amortization | 1.44B |
| Net Borrowing | -673.00M |
| Free Cash Flow | 2.40B |
| FCF Per Share | $2.78 |
Margins
Gross margin is 36.39%, with operating and profit margins of 15.62% and 11.20%.
| Gross Margin | 36.39% |
| Operating Margin | 15.62% |
| Pretax Margin | 14.18% |
| Profit Margin | 11.20% |
| EBITDA Margin | 24.08% |
| EBIT Margin | 15.62% |
| FCF Margin | 14.12% |
Dividends & Yields
This stock pays an annual dividend of $1.12, which amounts to a dividend yield of 0.75%.
| Dividend Per Share | $1.12 |
| Dividend Yield | 0.75% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 51.67% |
| Buyback Yield | -0.80% |
| Shareholder Yield | -0.05% |
| Earnings Yield | 1.48% |
| FCF Yield | 1.87% |
Analyst Forecast
The average price target for Corning is $191.40, which is 28.47% higher than the current price. The consensus rating is "Buy".
| Price Target | $191.40 |
| Price Target Difference | 28.47% |
| Analyst Consensus | Buy |
| Analyst Count | 16 |
| Revenue Growth Forecast (3Y) | 21.14% |
| EPS Growth Forecast (3Y) | 32.56% |
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 4.6 and a Piotroski F-Score of 7.
| Altman Z-Score | 4.6 |
| Piotroski F-Score | 7 |