CORNING INC (GLW) Stock Fundamental Analysis

NYSE:GLW • US2193501051

150.38 USD
+0.08 (+0.05%)
At close: Feb 27, 2026
150.27 USD
-0.11 (-0.07%)
After Hours: 2/27/2026, 8:07:17 PM
Fundamental Rating

6

GLW gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. While GLW has a great profitability rating, there are some minor concerns on its financial health. GLW is valued quite expensive, but it does show an excellent growth.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • GLW had positive earnings in the past year.
  • GLW had a positive operating cash flow in the past year.
  • GLW had positive earnings in each of the past 5 years.
  • GLW had a positive operating cash flow in each of the past 5 years.
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's Return On Assets of 5.15% is fine compared to the rest of the industry. GLW outperforms 71.77% of its industry peers.
  • Looking at the Return On Equity, with a value of 13.52%, GLW belongs to the top of the industry, outperforming 81.45% of the companies in the same industry.
  • The Return On Invested Capital of GLW (7.09%) is better than 70.16% of its industry peers.
  • GLW had an Average Return On Invested Capital over the past 3 years of 4.64%. This is below the industry average of 8.91%.
  • The 3 year average ROIC (4.64%) for GLW is below the current ROIC(7.09%), indicating increased profibility in the last year.
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

  • With an excellent Profit Margin value of 10.21%, GLW belongs to the best of the industry, outperforming 85.48% of the companies in the same industry.
  • In the last couple of years the Profit Margin of GLW has grown nicely.
  • GLW has a Operating Margin of 14.58%. This is amongst the best in the industry. GLW outperforms 85.48% of its industry peers.
  • In the last couple of years the Operating Margin of GLW has grown nicely.
  • The Gross Margin of GLW (35.97%) is comparable to the rest of the industry.
  • GLW's Gross Margin has improved in the last couple of years.
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

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GLW is destroying value.
  • The number of shares outstanding for GLW has been reduced compared to 1 year ago.
  • GLW has more shares outstanding than it did 5 years ago.
  • GLW has a worse debt/assets ratio than last year.
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 5.43 indicates that GLW is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of GLW (5.43) is better than 76.61% of its industry peers.
  • GLW has a debt to FCF ratio of 5.97. This is a neutral value as GLW would need 5.97 years to pay back of 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 59.68% of its industry peers.
  • A Debt/Equity ratio of 0.65 indicates that GLW is somewhat dependend on debt financing.
  • GLW's Debt to Equity ratio of 0.65 is on the low side compared to the rest of the industry. GLW is outperformed by 79.03% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF 5.97
Altman-Z 5.43
ROIC/WACC0.79
WACC8.95%
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.
  • GLW's Current ratio of 1.59 is on the low side compared to the rest of the industry. GLW is outperformed by 73.39% of its industry peers.
  • A Quick Ratio of 1.04 indicates that GLW should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.04, GLW is doing worse than 76.61% of the companies in the same industry.
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

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.
  • The Revenue has grown by 19.14% in the past year. This is quite good.
  • 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

  • Based on estimates for the next years, GLW will show a very strong growth in Earnings Per Share. The EPS will grow by 22.85% on average per year.
  • GLW is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.57% yearly.
EPS Next Y22.43%
EPS Next 2Y22.37%
EPS Next 3Y21.09%
EPS Next 5Y22.85%
Revenue Next Year13.35%
Revenue Next 2Y12.42%
Revenue Next 3Y11.57%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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 2030 2 4 6

3

4. Valuation

4.1 Price/Earnings Ratio

  • GLW is valuated quite expensively with a Price/Earnings ratio of 59.44.
  • The rest of the industry has a similar Price/Earnings ratio as GLW.
  • Compared to an average S&P500 Price/Earnings ratio of 27.07, GLW is valued quite expensively.
  • Based on the Price/Forward Earnings ratio of 48.55, the valuation of GLW can be described as expensive.
  • GLW's Price/Forward Earnings ratio is in line with the industry average.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.05, GLW is valued quite expensively.
Industry RankSector Rank
PE 59.44
Fwd PE 48.55
GLW Price Earnings VS Forward Price EarningsGLW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as GLW.
  • GLW's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 85.99
EV/EBITDA 35.42
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)2.65
PEG (5Y)4.73
EPS Next 2Y22.37%
EPS Next 3Y21.09%

5

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.75%, GLW is not a good candidate for dividend investing.
  • GLW's Dividend Yield is rather good when compared to the industry average which is at 0.45. GLW pays more dividend than 83.87% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, GLW's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.75%

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 their dividend for at least 10 years, which is a reliable track record.
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 2026 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.
  • The dividend of GLW is growing, but earnings are growing more, so the dividend growth is 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

CORNING INC

NYSE:GLW (2/27/2026, 8:07:17 PM)

After market: 150.27 -0.11 (-0.07%)

150.38

+0.08 (+0.05%)

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-0.17%
Ins Owners0.16%
Ins Owner Change-0.5%
Market Cap121.51B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts81
Price Target124.9 (-16.94%)
Short Float %1.82%
Short Ratio1.7
Dividend
Industry RankSector Rank
Dividend Yield 0.75%
Yearly Dividend1.23
Dividend Growth(5Y)3.64%
DP62.59%
Div Incr Years0
Div Non Decr Years17
Ex-Date02-27
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)28.78%
PT rev (3m)31%
EPS NQ rev (1m)3.74%
EPS NQ rev (3m)3.93%
EPS NY rev (1m)-0.35%
EPS NY rev (3m)0.61%
Revenue NQ rev (1m)0.63%
Revenue NQ rev (3m)0.87%
Revenue NY rev (1m)0.96%
Revenue NY rev (3m)1.78%
Valuation
Industry RankSector Rank
PE 59.44
Fwd PE 48.55
P/S 7.77
P/FCF 85.99
P/OCF 45.09
P/B 10.29
P/tB 14.03
EV/EBITDA 35.42
EPS(TTM)2.53
EY1.68%
EPS(NY)3.1
Fwd EY2.06%
FCF(TTM)1.75
FCFY1.16%
OCF(TTM)3.34
OCFY2.22%
SpS19.34
BVpS14.61
TBVpS10.72
PEG (NY)2.65
PEG (5Y)4.73
Graham Number28.84
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 7.33
Cash Conversion 74.32%
Profit Quality 88.53%
Current Ratio 1.59
Quick Ratio 1.04
Altman-Z 5.43
F-Score8
WACC8.95%
ROIC/WACC0.79
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 5Y22.85%
Revenue 1Y (TTM)19.14%
Revenue growth 3Y3.27%
Revenue growth 5Y6.7%
Sales Q2Q%13.89%
Revenue Next Year13.35%
Revenue Next 2Y12.42%
Revenue Next 3Y11.57%
Revenue Next 5YN/A
EBIT growth 1Y100.79%
EBIT growth 3Y16.59%
EBIT growth 5Y34.96%
EBIT Next Year70.09%
EBIT Next 3Y29.87%
EBIT Next 5Y29.33%
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%.