Stock · GLW · Technology

Corning Incorporated

United States · Large Cap · listed since 1981 · Revenue 12 mo. $17B

Price as of 11/06/2026

StockScorer score
1.8
of 10 2 of 11 points Low Match To the score
Price
$106.13
1 Y +11.2%
Market cap
$91.5B
Phase
Mature
core business profitable, revenue barely moving
Revenue +3.3% a year (3 years)EBIT margin 14.9%Payout 41.9% of operating cash flow

Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally.

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Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. It also offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. In addition, it manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for markets, such as mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Further, the company provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications, as well as technical glass and optic products and solutions for the interior and exterior of vehicles. Additionally, it offers laboratory products, including plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Falcon, PYREX, and Axygen brands. It also offers polysilicon products and pharmaceutical glass tubing and vials. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

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Summary

Corning Incorporated is below the middle of the Technology sector overall

39.8 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 24.6% FCF growth a year, more than achieved over the last 5 and 10 years.

If free cash flow stays at €1.3B (2025), it supports €14.1B. The remaining €68B of the market value assume it grows 24.6% a year for 10 years and not at all afterwards.

Required FCF growth per year

24.6%

no growth afterwards

Market value breakdown€82.1B market value, price as of 11/06/2026

€14.1B without growth
€68B priced-in growth
  • 5 yrs achieved −5.8%
  • 10 yrs achieved −0.6%
  • priced in 24.6%

Valuation against its own history

Price to operating cash flow 23.7×, above its usual range.

Middle half of 20 quarters: 10.2× to 20.9×, median 15.4×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

No sign supports the expectation, 2 speak against it.

What supports it

with respect to the priced-in expectation

No indication in the stored figures.

What speaks against it

with respect to the priced-in expectation

  • Expectation above the company's own record priced in 24.6%, achieved at most −0.6%
  • Volatile earnings 5 drops or sign changes in up to 10 years

Since the last quarter

Q1 → Q2 2026

Mostly better than the previous quarter: 2 of 3 changes for the better.

  • FCF, 12 mo.$1.5B → $2.4B+59.7%better
  • FCF margin9.2% → 14.1%+4.9 ppbetter
  • Shares outstanding863M → 873M+1.2%worse

5 more unchanged: Revenue, 12 mo., Gross margin, EBIT margin, Net debt, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability33.2below the middleEarns less than the sector: Return on capital (Greenblatt) 12.27%, sector 29.77%.
MetricStockSector medianPosition in sector
Return on equity13.52%14.60%Rank 46
Return on capital (Greenblatt)12.27%29.77%Rank 23
EBIT margin14.91%17.40%Rank 46
FCF margin9.04%18.54%Rank 27
Gross margin35.28%48.47%Rank 25
Growth65.4above the middleGrows faster than the sector: Sustainable growth (ROE × retained earnings) 8.20%, sector 2.87%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year19.14%12.70%Rank 70
Earnings growth, 3 years per year6.52%9.54%Rank 39
Earnings growth, 5 years per year22.85%14.07%Rank 74
Sustainable growth (ROE × retained earnings)8.20%2.87%Rank 79
Valuation31.6below the middleValued higher than the sector: FCF yield 1.54%, sector 3.06%.
MetricStockSector medianPosition in sector
Earnings yield1.75%2.64%Rank 31
FCF yield1.54%3.06%Rank 27
EV/saleslower is better6.415.18Rank 39
EV/EBITlower is better42.9926.24Rank 29
Momentum23.9below the middleShare price doing worse than the sector: Share price, 6 months −42.74%, sector −4.46%.
MetricStockSector medianPosition in sector
Share price, 1 year11.19%−0.59%Rank 67
Share price, 6 months−42.74%−4.46%Rank 8
Share price, 3 months−30.81%−5.84%Rank 12
Distance from 52-week high−58.49%−33.23%Rank 9
Quality65.2above the middleQuality above the sector: Dividend streak in years 18, sector 8.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better0.49%1.65%Rank 56
Change in share countlower is better−1.04%−0.17%Rank 66
Dividend streak in years188Rank 91
Price reaction to results, market-adjusted−1.79%−1.57%Rank 49
Balance sheet & risk19.7below the middleMore risk than the sector: Net debt/EBITDA 2.33, sector −0.20.
MetricStockSector medianPosition in sector
Equity ratio38.12%53.98%Rank 28
Net debt/EBITDAlower is better2.33−0.20Rank 13
Debt to equitylower is better0.870.33Rank 20
Volatility, 1 yearlower is better74.27%50.37%Rank 19

Ten years in figures

Revenue from $9.4B (2016) to $15.6B (2025), 5.8% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCFSharesNet debt
20169.415.2%$1.4B1.14B−$1.4B
201710.116.1%$200.0M895M$811.0M
201811.314.0%$677.0M941M$3.6B
201911.511.4%$44.0M899M$5.8B
202011.34.5%$803.0M772M$6.0B
202114.115.0%$1.8B844M$5.7B
202214.210.1%$1.0B857M$6.1B
202312.67.1%$615.0M859M$6.7B
202413.18.7%$974.0M869M$6.3B
202515.614.9%$1.4B860M$8.7B
1.8 / 10Low MatchStockScorer score2 of 11 points

1 of 7 StockScorer Score rules met · How the score is built

Corning Incorporated mainly meets criteria in the Growth category. Result from 18 strategies checked.

This stock · Profitability: 0%This stock · Growth: 50%This stock · Valuation: 0%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Corning Incorporated's score is built

Corning Incorporated is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

1 of 7 rules met

2 of 11 points

  1. Free cash flow yield above the sector mediannot met0 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector mediannot met0 of 1 point
  4. Free cash flow margin above the sector mediannot met0 of 2 points
  5. Revenue growth above 15%met2 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Corning Incorporated stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • StockScorer Score
  • High-Growth / Rule of 40
  • Moat Quality
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Defensive: Low Volatility
  • Dividend Aristocrats & Continuity
  • Levermann Strategy (13 Criteria)
  • Magic Formula: Value + Quality
  • PEG Strategy (inspired by Peter Lynch)
  • Trending Value: Value + Momentum
  • Undervalued Stocks: Multi-Factor Check
  • Growth Momentum (CAN SLIM principle)

Corning Incorporated key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Corning Incorporated.

MetricStockSector
P/E ratio57.235.1
P/B ratio7.75.5
Return on equity (ROE)13.5%14.6%
Equity ratio38.1%54.0%
Debt-to-equity (D/E)0.870.33
Dividend yield1.1%0.9%

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How comparable stocks in the same sector score in the StockScorer model.

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2308.TWDelta Electronics Inclocked
2317.TWHon Hai Precision Industry Co Ltdlocked

Frequently asked questions about Corning Incorporated stock

How does Corning Incorporated stock (GLW) score in the StockScorer model?
Corning Incorporated stock reaches a StockScorer score of 1.8 out of 10, which is a low match with the rule-based strategies. 1 out of 7 flagship profile rules are met.
What is Corning Incorporated's P/E ratio?
Corning Incorporated's P/E ratio is 57.2. The Technology sector median is 35.1.
What sector is Corning Incorporated in?
Corning Incorporated is assigned to the Technology sector. Its rank within the sector is 39.8 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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