Corning Statistics
Total Valuation
Corning has a market cap or net worth of $161.40 billion. The enterprise value is $169.57 billion.
| Market Cap | 161.40B |
| Enterprise Value | 169.57B |
Important Dates
The next estimated earnings date is Tuesday, July 28, 2026, before market open.
| Earnings Date | Jul 28, 2026 |
| Ex-Dividend Date | May 29, 2026 |
Share Statistics
Corning has 860.64 million shares outstanding. The number of shares has increased by 0.26% in one year.
| Current Share Class | 860.64M |
| Shares Outstanding | 860.64M |
| Shares Change (YoY) | +0.26% |
| Shares Change (QoQ) | +0.35% |
| Owned by Insiders (%) | 0.24% |
| Owned by Institutions (%) | 73.49% |
| Float | 789.75M |
Valuation Ratios
The trailing PE ratio is 90.25 and the forward PE ratio is 55.83. Corning's PEG ratio is 2.04.
| PE Ratio | 90.25 |
| Forward PE | 55.83 |
| PS Ratio | 9.89 |
| Forward PS | 8.16 |
| PB Ratio | 14.40 |
| P/TBV Ratio | 18.55 |
| P/FCF Ratio | 107.60 |
| P/OCF Ratio | 55.54 |
| PEG Ratio | 2.04 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 43.40, with an EV/FCF ratio of 113.05.
| EV / Earnings | 93.69 |
| EV / Sales | 10.39 |
| EV / EBITDA | 43.40 |
| EV / EBIT | 67.24 |
| EV / FCF | 113.05 |
Financial Position
The company has a current ratio of 1.61, with a Debt / Equity ratio of 0.80.
| Current Ratio | 1.61 |
| Quick Ratio | 0.75 |
| Debt / Equity | 0.80 |
| Debt / EBITDA | 2.40 |
| Debt / FCF | 6.62 |
| Interest Coverage | 7.29 |
Financial Efficiency
Return on equity (ROE) is 16.74% and return on invested capital (ROIC) is 10.41%.
| Return on Equity (ROE) | 16.74% |
| Return on Assets (ROA) | 5.38% |
| Return on Invested Capital (ROIC) | 10.41% |
| Return on Capital Employed (ROCE) | 9.95% |
| Weighted Average Cost of Capital (WACC) | 10.16% |
| Revenue Per Employee | $242,872 |
| Profits Per Employee | $26,935 |
| Employee Count | 67,200 |
| Asset Turnover | 0.56 |
| Inventory Turnover | 3.36 |
Taxes
In the past 12 months, Corning has paid $376.00 million in taxes.
| Income Tax | 376.00M |
| Effective Tax Rate | 16.06% |
Stock Price Statistics
The stock price has increased by +269.83% 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 | +269.83% |
| 50-Day Moving Average | 173.56 |
| 200-Day Moving Average | 116.09 |
| Relative Strength Index (RSI) | 51.79 |
| Average Volume (20 Days) | 13,973,312 |
Short Selling Information
The latest short interest is 21.25 million, so 2.47% of the outstanding shares have been sold short.
| Short Interest | 21.25M |
| Short Previous Month | 15.69M |
| Short % of Shares Out | 2.47% |
| Short % of Float | 2.69% |
| Short Ratio (days to cover) | 1.53 |
Income Statement
In the last 12 months, Corning had revenue of $16.32 billion and earned $1.81 billion in profits. Earnings per share was $2.08.
| Revenue | 16.32B |
| Gross Profit | 5.94B |
| Operating Income | 2.52B |
| Pretax Income | 2.34B |
| Net Income | 1.81B |
| EBITDA | 3.91B |
| EBIT | 2.52B |
| Earnings Per Share (EPS) | $2.08 |
Balance Sheet
The company has $1.76 billion in cash and $9.92 billion in debt, with a net cash position of -$8.17 billion or -$9.49 per share.
| Cash & Cash Equivalents | 1.76B |
| Total Debt | 9.92B |
| Net Cash | -8.17B |
| Net Cash Per Share | -$9.49 |
| Equity (Book Value) | 12.35B |
| Book Value Per Share | 13.02 |
| Working Capital | 3.61B |
Cash Flow
In the last 12 months, operating cash flow was $2.91 billion and capital expenditures -$1.41 billion, giving a free cash flow of $1.50 billion.
| Operating Cash Flow | 2.91B |
| Capital Expenditures | -1.41B |
| Depreciation & Amortization | 1.39B |
| Net Borrowing | 36.00M |
| Free Cash Flow | 1.50B |
| FCF Per Share | $1.74 |
Margins
Gross margin is 36.38%, with operating and profit margins of 15.45% and 11.09%.
| Gross Margin | 36.38% |
| Operating Margin | 15.45% |
| Pretax Margin | 14.34% |
| Profit Margin | 11.09% |
| EBITDA Margin | 23.94% |
| EBIT Margin | 15.45% |
| FCF Margin | 9.19% |
Dividends & Yields
This stock pays an annual dividend of $1.12, which amounts to a dividend yield of 0.60%.
| Dividend Per Share | $1.12 |
| Dividend Yield | 0.60% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 53.90% |
| Buyback Yield | -0.26% |
| Shareholder Yield | 0.34% |
| Earnings Yield | 1.12% |
| FCF Yield | 0.93% |
Analyst Forecast
The average price target for Corning is $198.00, which is 5.58% higher than the current price. The consensus rating is "Buy".
| Price Target | $198.00 |
| Price Target Difference | 5.58% |
| Analyst Consensus | Buy |
| Analyst Count | 16 |
| Revenue Growth Forecast (3Y) | 20.14% |
| EPS Growth Forecast (3Y) | 30.56% |
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 3.83 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.83 |
| Piotroski F-Score | 6 |