Corning Statistics
Total Valuation
Corning has a market cap or net worth of $108.79 billion. The enterprise value is $114.46 billion.
| Market Cap | 108.79B |
| Enterprise Value | 114.46B |
Important Dates
The last earnings date was Tuesday, October 27, 2026, before market open.
| Earnings Date | Oct 27, 2026 |
| Ex-Dividend Date | Nov 13, 2026 |
Share Statistics
Corning has 861.39 million shares outstanding. The number of shares has decreased by -0.15% in one year.
| Current Share Class | 861.39M |
| Shares Outstanding | 861.39M |
| Shares Change (YoY) | -0.15% |
| Shares Change (QoQ) | -0.37% |
| Owned by Insiders (%) | 0.22% |
| Owned by Institutions (%) | 74.31% |
| Float | 790.58M |
Valuation Ratios
The trailing PE ratio is 51.11 and the forward PE ratio is 30.89. Corning's PEG ratio is 0.96.
| PE Ratio | 51.11 |
| Forward PE | 30.89 |
| PS Ratio | 6.14 |
| Forward PS | 4.84 |
| PB Ratio | 8.37 |
| P/TBV Ratio | 10.26 |
| P/FCF Ratio | 44.21 |
| P/OCF Ratio | 25.95 |
| PEG Ratio | 0.96 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 25.68, with an EV/FCF ratio of 46.51.
| EV / Earnings | 53.24 |
| EV / Sales | 6.46 |
| EV / EBITDA | 25.68 |
| EV / EBIT | 38.60 |
| EV / FCF | 46.51 |
Financial Position
The company has a current ratio of 1.72, with a Debt / Equity ratio of 0.57.
| Current Ratio | 1.72 |
| Quick Ratio | 0.86 |
| Debt / Equity | 0.57 |
| Debt / EBITDA | 1.82 |
| Debt / FCF | 3.33 |
| Interest Coverage | 8.10 |
Financial Efficiency
Return on equity (ROE) is 17.88% and return on invested capital (ROIC) is 12.35%.
| Return on Equity (ROE) | 17.88% |
| Return on Assets (ROA) | 5.79% |
| Return on Invested Capital (ROIC) | 12.35% |
| Return on Capital Employed (ROCE) | 10.77% |
| Weighted Average Cost of Capital (WACC) | 9.96% |
| Revenue Per Employee | $263,676 |
| Profits Per Employee | $31,994 |
| Employee Count | 67,200 |
| Asset Turnover | 0.55 |
| Inventory Turnover | 3.33 |
Taxes
In the past 12 months, Corning has paid $474.00 million in taxes.
| Income Tax | 474.00M |
| Effective Tax Rate | 16.78% |
Stock Price Statistics
The stock price has increased by +44.49% in the last 52 weeks. The beta is 1.12, so Corning's price volatility has been higher than the market average.
| Beta (5Y) | 1.12 |
| 52-Week Price Change | +44.49% |
| 50-Day Moving Average | 149.51 |
| 200-Day Moving Average | 155.08 |
| Relative Strength Index (RSI) | 36.08 |
| Average Volume (20 Days) | 8,675,479 |
Short Selling Information
The latest short interest is 16.84 million, so 1.96% of the outstanding shares have been sold short.
| Short Interest | 16.84M |
| Short Previous Month | 20.01M |
| Short % of Shares Out | 1.96% |
| Short % of Float | 2.13% |
| Short Ratio (days to cover) | 1.96 |
Income Statement
In the last 12 months, Corning had revenue of $17.72 billion and earned $2.15 billion in profits. Earnings per share was $2.47.
| Revenue | 17.72B |
| Gross Profit | 6.46B |
| Operating Income | 2.97B |
| Pretax Income | 2.82B |
| Net Income | 2.15B |
| EBITDA | 4.46B |
| EBIT | 2.97B |
| Earnings Per Share (EPS) | $2.47 |
Balance Sheet
The company has $2.54 billion in cash and $8.20 billion in debt, with a net cash position of -$5.66 billion or -$6.57 per share.
| Cash & Cash Equivalents | 2.54B |
| Total Debt | 8.20B |
| Net Cash | -5.66B |
| Net Cash Per Share | -$6.57 |
| Equity (Book Value) | 14.29B |
| Book Value Per Share | 15.09 |
| Working Capital | 4.76B |
Cash Flow
In the last 12 months, operating cash flow was $4.19 billion and capital expenditures -$1.73 billion, giving a free cash flow of $2.46 billion.
| Operating Cash Flow | 4.19B |
| Capital Expenditures | -1.73B |
| Depreciation & Amortization | 1.49B |
| Net Borrowing | -991.00M |
| Free Cash Flow | 2.46B |
| FCF Per Share | $2.86 |
Margins
Gross margin is 36.48%, with operating and profit margins of 16.73% and 12.13%.
| Gross Margin | 36.48% |
| Operating Margin | 16.73% |
| Pretax Margin | 15.94% |
| Profit Margin | 12.13% |
| EBITDA Margin | 25.15% |
| EBIT Margin | 16.73% |
| FCF Margin | 13.89% |
Dividends & Yields
This stock pays an annual dividend of $1.12, which amounts to a dividend yield of 0.89%.
| Dividend Per Share | $1.12 |
| Dividend Yield | 0.89% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 45.32% |
| FCF Payout Ratio | 39.20% |
| Buyback Yield | 0.15% |
| Shareholder Yield | 1.04% |
| Earnings Yield | 1.96% |
| FCF Yield | 2.26% |
Analyst Forecast
The average price target for Corning is $185.47, which is 46.85% higher than the current price. The consensus rating is "Buy".
| Price Target | $185.47 |
| Price Target Difference | 46.85% |
| Analyst Consensus | Buy |
| Analyst Count | 18 |
| Revenue Growth Forecast (3Y) | 21.91% |
| EPS Growth Forecast (3Y) | 33.96% |
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
| Altman Z-Score | n/a |
| Piotroski F-Score | 7 |