CORNING INC (GLW) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:GLW • US2193501051

122.16 USD
+9.37 (+8.31%)
At close: Feb 6, 2026
122.979 USD
+0.82 (+0.67%)
After Hours: 2/6/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

GLW gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 123 industry peers in the Electronic Equipment, Instruments & Components industry. GLW scores excellent on profitability, but there are some minor concerns on its financial health. GLW shows excellent growth, but is valued quite expensive already.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • GLW had positive earnings in the past year.
  • In the past year GLW had a positive cash flow from operations.
  • Each year in the past 5 years GLW has been profitable.
  • In the past 5 years GLW always reported a positive cash flow from operatings.
GLW Yearly Net Income VS EBIT VS OCF VS FCFGLW Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

1.2 Ratios

  • GLW has a better Return On Assets (5.15%) than 70.73% of its industry peers.
  • GLW's Return On Equity of 13.52% is fine compared to the rest of the industry. GLW outperforms 79.67% of its industry peers.
  • GLW's Return On Invested Capital of 7.09% is fine compared to the rest of the industry. GLW outperforms 71.54% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for GLW is below the industry average of 8.90%.
  • The last Return On Invested Capital (7.09%) for GLW is above the 3 year average (4.64%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.15%
ROE 13.52%
ROIC 7.09%
ROA(3y)3.01%
ROA(5y)3.41%
ROE(3y)7.76%
ROE(5y)8.6%
ROIC(3y)4.64%
ROIC(5y)5.03%
GLW Yearly ROA, ROE, ROICGLW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15 20

1.3 Margins

  • GLW's Profit Margin of 10.21% is amongst the best of the industry. GLW outperforms 84.55% of its industry peers.
  • GLW's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 14.58%, GLW belongs to the top of the industry, outperforming 86.99% of the companies in the same industry.
  • In the last couple of years the Operating Margin of GLW has grown nicely.
  • With a Gross Margin value of 35.97%, GLW perfoms like the industry average, outperforming 58.54% of the companies in the same industry.
  • In the last couple of years the Gross Margin of GLW has grown nicely.
Industry RankSector Rank
OM 14.58%
PM (TTM) 10.21%
GM 35.97%
OM growth 3Y12.89%
OM growth 5Y26.49%
PM growth 3Y3.26%
PM growth 5Y22.76%
GM growth 3Y4.24%
GM growth 5Y2.86%
GLW Yearly Profit, Operating, Gross MarginsGLW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GLW is destroying value.
  • Compared to 1 year ago, GLW has less shares outstanding
  • The number of shares outstanding for GLW has been increased compared to 5 years ago.
  • Compared to 1 year ago, GLW has a worse debt to assets ratio.
GLW Yearly Shares OutstandingGLW Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M
GLW Yearly Total Debt VS Total AssetsGLW Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

  • An Altman-Z score of 4.65 indicates that GLW is not in any danger for bankruptcy at the moment.
  • With a decent Altman-Z score value of 4.65, GLW is doing good in the industry, outperforming 70.73% of the companies in the same industry.
  • The Debt to FCF ratio of GLW is 5.97, which is a neutral value as it means it would take GLW, 5.97 years of fcf income to pay off all of its debts.
  • GLW's Debt to FCF ratio of 5.97 is in line compared to the rest of the industry. GLW outperforms 59.35% of its industry peers.
  • A Debt/Equity ratio of 0.65 indicates that GLW is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.65, GLW is not doing good in the industry: 77.24% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF 5.97
Altman-Z 4.65
ROIC/WACC0.47
WACC14.99%
GLW Yearly LT Debt VS Equity VS FCFGLW Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 1.59 indicates that GLW should not have too much problems paying its short term obligations.
  • With a Current ratio value of 1.59, GLW is not doing good in the industry: 72.36% of the companies in the same industry are doing better.
  • A Quick Ratio of 1.04 indicates that GLW should not have too much problems paying its short term obligations.
  • GLW has a worse Quick ratio (1.04) than 76.42% of its industry peers.
Industry RankSector Rank
Current Ratio 1.59
Quick Ratio 1.04
GLW Yearly Current Assets VS Current LiabilitesGLW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. Growth

3.1 Past

  • GLW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 29.08%, which is quite impressive.
  • The Earnings Per Share has been growing by 12.56% on average over the past years. This is quite good.
  • Looking at the last year, GLW shows a quite strong growth in Revenue. The Revenue has grown by 19.14% in the last year.
  • GLW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.70% yearly.
EPS 1Y (TTM)29.08%
EPS 3Y6.58%
EPS 5Y12.56%
EPS Q2Q%26.32%
Revenue 1Y (TTM)19.14%
Revenue growth 3Y3.27%
Revenue growth 5Y6.7%
Sales Q2Q%13.89%

3.2 Future

  • The Earnings Per Share is expected to grow by 17.84% on average over the next years. This is quite good.
  • Based on estimates for the next years, GLW will show a quite strong growth in Revenue. The Revenue will grow by 11.79% on average per year.
EPS Next Y22.43%
EPS Next 2Y22.37%
EPS Next 3Y21.09%
EPS Next 5Y17.84%
Revenue Next Year13.3%
Revenue Next 2Y12.4%
Revenue Next 3Y11.79%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
GLW Yearly Revenue VS EstimatesGLW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5B 10B 15B 20B
GLW Yearly EPS VS EstimatesGLW Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3 4

More info and screens

Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • GLW is valuated quite expensively with a Price/Earnings ratio of 48.28.
  • The rest of the industry has a similar Price/Earnings ratio as GLW.
  • GLW is valuated expensively when we compare the Price/Earnings ratio to 27.92, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 39.44, which means the current valuation is very expensive for GLW.
  • The rest of the industry has a similar Price/Forward Earnings ratio as GLW.
  • GLW is valuated rather expensively when we compare the Price/Forward Earnings ratio to 27.78, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 48.28
Fwd PE 39.44
GLW Price Earnings VS Forward Price EarningsGLW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GLW is on the same level as its industry peers.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as GLW.
Industry RankSector Rank
P/FCF 74.12
EV/EBITDA 28.57
GLW Per share dataGLW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GLW does not grow enough to justify the current Price/Earnings ratio.
  • The excellent profitability rating of GLW may justify a higher PE ratio.
  • GLW's earnings are expected to grow with 21.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.15
PEG (5Y)3.84
EPS Next 2Y22.37%
EPS Next 3Y21.09%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.99%, GLW is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.46, GLW pays a better dividend. On top of this GLW pays more dividend than 86.18% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.83, GLW's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.99%

5.2 History

  • The dividend of GLW has a limited annual growth rate of 3.64%.
  • GLW has been paying a dividend for at least 10 years, so it has a reliable track record.
  • GLW has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.64%
Div Incr Years0
Div Non Decr Years17
GLW Yearly Dividends per shareGLW Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 62.59% of the earnings are spent on dividend by GLW. This is not a sustainable payout ratio.
  • GLW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.59%
EPS Next 2Y22.37%
EPS Next 3Y21.09%
GLW Yearly Income VS Free CF VS DividendGLW Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B
GLW Dividend Payout.GLW Dividend Payout, showing the Payout Ratio.GLW Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

CORNING INC

NYSE:GLW (2/6/2026, 8:04:00 PM)

After market: 122.979 +0.82 (+0.67%)

122.16

+9.37 (+8.31%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-03
Earnings (Next)04-27
Inst Owners75.9%
Inst Owner Change-1.68%
Ins Owners0.16%
Ins Owner Change-0.47%
Market Cap104.74B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts82
Price Target113.92 (-6.75%)
Short Float %1.44%
Short Ratio1.68
Dividend
Industry RankSector Rank
Dividend Yield 0.99%
Yearly Dividend1.23
Dividend Growth(5Y)3.64%
DP62.59%
Div Incr Years0
Div Non Decr Years17
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.51%
Min EPS beat(2)-0.04%
Max EPS beat(2)1.06%
EPS beat(4)3
Avg EPS beat(4)2.75%
Min EPS beat(4)-0.04%
Max EPS beat(4)5.64%
EPS beat(8)7
Avg EPS beat(8)2.65%
EPS beat(12)8
Avg EPS beat(12)1.37%
EPS beat(16)10
Avg EPS beat(16)1.76%
Revenue beat(2)2
Avg Revenue beat(2)0.22%
Min Revenue beat(2)0.07%
Max Revenue beat(2)0.36%
Revenue beat(4)3
Avg Revenue beat(4)1.07%
Min Revenue beat(4)-0.03%
Max Revenue beat(4)3.88%
Revenue beat(8)6
Avg Revenue beat(8)1.24%
Revenue beat(12)6
Avg Revenue beat(12)0.03%
Revenue beat(16)7
Avg Revenue beat(16)-0.82%
PT rev (1m)0%
PT rev (3m)21.49%
EPS NQ rev (1m)0.18%
EPS NQ rev (3m)7.98%
EPS NY rev (1m)0.49%
EPS NY rev (3m)6.3%
Revenue NQ rev (1m)0.23%
Revenue NQ rev (3m)5.27%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)4.27%
Valuation
Industry RankSector Rank
PE 48.28
Fwd PE 39.44
P/S 6.7
P/FCF 74.12
P/OCF 38.86
P/B 8.87
P/tB 12.09
EV/EBITDA 28.57
EPS(TTM)2.53
EY2.07%
EPS(NY)3.1
Fwd EY2.54%
FCF(TTM)1.65
FCFY1.35%
OCF(TTM)3.14
OCFY2.57%
SpS18.23
BVpS13.77
TBVpS10.1
PEG (NY)2.15
PEG (5Y)3.84
Graham Number28
Profitability
Industry RankSector Rank
ROA 5.15%
ROE 13.52%
ROCE 8.99%
ROIC 7.09%
ROICexc 7.54%
ROICexgc 8.69%
OM 14.58%
PM (TTM) 10.21%
GM 35.97%
FCFM 9.04%
ROA(3y)3.01%
ROA(5y)3.41%
ROE(3y)7.76%
ROE(5y)8.6%
ROIC(3y)4.64%
ROIC(5y)5.03%
ROICexc(3y)4.98%
ROICexc(5y)5.42%
ROICexgc(3y)5.78%
ROICexgc(5y)6.35%
ROCE(3y)5.88%
ROCE(5y)6.38%
ROICexgc growth 3Y13.81%
ROICexgc growth 5Y34.82%
ROICexc growth 3Y14.65%
ROICexc growth 5Y35.54%
OM growth 3Y12.89%
OM growth 5Y26.49%
PM growth 3Y3.26%
PM growth 5Y22.76%
GM growth 3Y4.24%
GM growth 5Y2.86%
F-Score8
Asset Turnover0.5
Health
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF 5.97
Debt/EBITDA 2.1
Cap/Depr 95.17%
Cap/Sales 8.2%
Interest Coverage 250
Cash Conversion 74.32%
Profit Quality 88.53%
Current Ratio 1.59
Quick Ratio 1.04
Altman-Z 4.65
F-Score8
WACC14.99%
ROIC/WACC0.47
Cap/Depr(3y)89.4%
Cap/Depr(5y)97.84%
Cap/Sales(3y)8.87%
Cap/Sales(5y)9.91%
Profit Quality(3y)128.96%
Profit Quality(5y)125.64%
High Growth Momentum
Growth
EPS 1Y (TTM)29.08%
EPS 3Y6.58%
EPS 5Y12.56%
EPS Q2Q%26.32%
EPS Next Y22.43%
EPS Next 2Y22.37%
EPS Next 3Y21.09%
EPS Next 5Y17.84%
Revenue 1Y (TTM)19.14%
Revenue growth 3Y3.27%
Revenue growth 5Y6.7%
Sales Q2Q%13.89%
Revenue Next Year13.3%
Revenue Next 2Y12.4%
Revenue Next 3Y11.79%
Revenue Next 5YN/A
EBIT growth 1Y100.79%
EBIT growth 3Y16.59%
EBIT growth 5Y34.96%
EBIT Next Year66.83%
EBIT Next 3Y33.94%
EBIT Next 5Y26.35%
FCF growth 1Y45.07%
FCF growth 3Y11.81%
FCF growth 5Y11.97%
OCF growth 1Y38.99%
OCF growth 3Y1.01%
OCF growth 5Y4.33%

CORNING INC / GLW FAQ

What is the ChartMill fundamental rating of CORNING INC (GLW) stock?

ChartMill assigns a fundamental rating of 6 / 10 to GLW.


What is the valuation status of CORNING INC (GLW) stock?

ChartMill assigns a valuation rating of 3 / 10 to CORNING INC (GLW). This can be considered as Overvalued.


How profitable is CORNING INC (GLW) stock?

CORNING INC (GLW) has a profitability rating of 8 / 10.


Can you provide the expected EPS growth for GLW stock?

The Earnings per Share (EPS) of CORNING INC (GLW) is expected to grow by 22.43% in the next year.


Can you provide the dividend sustainability for GLW stock?

The dividend rating of CORNING INC (GLW) is 5 / 10 and the dividend payout ratio is 62.59%.