(GLW) Corning - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2193501051

Fiber, Glass, Substrate, Filter, Labware

GLW EPS (Earnings per Share)

EPS (Earnings per Share) of GLW over the last years for every Quarter: "2020-09": 0.43, "2020-12": 0.52, "2021-03": 0.45, "2021-06": 0.53, "2021-09": 0.56, "2021-12": 0.54, "2022-03": 0.54, "2022-06": 0.57, "2022-09": 0.51, "2022-12": 0.47, "2023-03": 0.41, "2023-06": 0.45, "2023-09": 0.45, "2023-12": 0.39, "2024-03": 0.38, "2024-06": 0.47, "2024-09": 0.54, "2024-12": 0.57, "2025-03": 0.54, "2025-06": 0.6, "2025-09": 0.67,

GLW Revenue

Revenue of GLW over the last years for every Quarter: 2020-09: 3001, 2020-12: 3350, 2021-03: 3290, 2021-06: 3501, 2021-09: 3615, 2021-12: 3676, 2022-03: 3680, 2022-06: 3615, 2022-09: 3488, 2022-12: 3406, 2023-03: 3178, 2023-06: 3243, 2023-09: 3173, 2023-12: 2994, 2024-03: 2975, 2024-06: 3251, 2024-09: 3391, 2024-12: 3501, 2025-03: 3452, 2025-06: 3862, 2025-09: 4100,

Description: GLW Corning September 26, 2025

Corning Incorporated (NYSE:GLW) is a diversified technology company organized into four primary businesses: optical communications, display technologies, environmental technologies, and life sciences. The optical communications segment supplies fiber-optic cables, connectors, and related hardware to telecom carriers, enterprises, and government customers, while the display segment produces glass substrates for LCD and OLED panels used in TVs, notebooks, tablets, and smartphones.

Beyond these core areas, Corning’s environmental-technology line manufactures ceramic substrates and emission-control filters for gasoline, diesel, and mobile applications, and its life-sciences portfolio delivers laboratory consumables, cell-culture products, and glassware under the Corning, Pyrex, Falcon, and Axygen brands. The company’s product mix therefore spans high-growth data-center infrastructure to steady-demand laboratory supplies.

Geographically, Corning operates across North America, Europe, and Asia-Pacific, with major manufacturing and R&D sites in the United States, Japan, Taiwan, China, South Korea, and Germany. Founded in 1851 as Corning Glass Works and renamed in 1989, the firm remains headquartered in Corning, New York.

Key recent metrics: FY 2023 revenue reached approximately $14.5 billion, with the optical-communications segment contributing roughly 45 % of total sales; the life-sciences business grew about 9 % year-over-year, reflecting strong demand in biotech and pharma research. The company’s free-cash-flow conversion has averaged ~80 % of earnings, supporting a dividend yield near 0.9 % and a 5-year average dividend growth rate of 7 %.

Macro drivers that could affect GLW’s outlook include the global rollout of 5G and edge-computing networks (projected to boost fiber-optic spend by 12 % CAGR through 2027), continued expansion of data-center capacity (driven by cloud-service growth), and sustained demand for advanced display glass as OLED adoption accelerates in premium devices.

For a deeper, data-driven view of GLW’s valuation metrics and scenario analysis, you might find the ValueRay platform worth exploring.

GLW Stock Overview

Market Cap in USD 72,946m
Sub-Industry Electronic Components
IPO / Inception 1981-12-31

GLW Stock Ratings

Growth Rating 80.5%
Fundamental 68.7%
Dividend Rating 56.5%
Return 12m vs S&P 500 58.8%
Analyst Rating 4.21 of 5

GLW Dividends

Dividend Yield 12m 1.64%
Yield on Cost 5y 4.51%
Annual Growth 5y 6.21%
Payout Consistency 82.9%
Payout Ratio 47.1%

GLW Growth Ratios

Growth Correlation 3m 95.8%
Growth Correlation 12m 75.1%
Growth Correlation 5y 40%
CAGR 5y 39.83%
CAGR/Max DD 3y (Calmar Ratio) 1.44
CAGR/Mean DD 3y (Pain Ratio) 5.25
Sharpe Ratio 12m 1.39
Alpha 65.16
Beta 1.131
Volatility 28.17%
Current Volume 6286.5k
Average Volume 20d 6286.5k
Stop Loss 81.9 (-4.2%)
Signal 0.54

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income (1.37b TTM) > 0 and > 6% of Revenue (6% = 894.9m TTM)
FCFTA 0.04 (>2.0%) and ΔFCFTA 0.22pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 20.78% (prev 24.10%; Δ -3.31pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.08 (>3.0%) and CFO 2.27b > Net Income 1.37b (YES >=105%, WARN >=100%)
Net Debt (6.57b) to EBITDA (3.45b) ratio: 1.90 <= 3.0 (WARN <= 3.5)
Current Ratio 1.56 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (860.0m) change vs 12m ago 0.70% (target <= -2.0% for YES)
Gross Margin 35.69% (prev 31.64%; Δ 4.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 51.22% (prev 44.53%; Δ 6.69pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 6.62 (EBITDA TTM 3.45b / Interest Expense TTM 322.0m) >= 6 (WARN >= 3)

Altman Z'' 3.83

(A) 0.10 = (Total Current Assets 8.68b - Total Current Liabilities 5.58b) / Total Assets 29.92b
(B) 0.54 = Retained Earnings (Balance) 16.25b / Total Assets 29.92b
(C) 0.07 = EBIT TTM 2.13b / Avg Total Assets 29.12b
(D) 0.85 = Book Value of Equity 15.16b / Total Liabilities 17.91b
Total Rating: 3.83 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 68.74

1. Piotroski 7.50pt = 2.50
2. FCF Yield 1.46% = 0.73
3. FCF Margin 7.79% = 1.95
4. Debt/Equity 0.71 = 2.25
5. Debt/Ebitda 1.90 = 0.19
6. ROIC - WACC (= 0.81)% = 1.01
7. RoE 12.40% = 1.03
8. Rev. Trend 69.08% = 5.18
9. EPS Trend 77.90% = 3.90

What is the price of GLW shares?

As of November 08, 2025, the stock is trading at USD 85.48 with a total of 6,286,528 shares traded.
Over the past week, the price has changed by -4.04%, over one month by +0.49%, over three months by +32.53% and over the past year by +81.10%.

Is Corning a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Corning (NYSE:GLW) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 68.74 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of GLW is around 96.44 USD . This means that GLW is currently undervalued and has a potential upside of +12.82% (Margin of Safety).

Is GLW a buy, sell or hold?

Corning has received a consensus analysts rating of 4.21. Therefore, it is recommended to buy GLW.
  • Strong Buy: 8
  • Buy: 1
  • Hold: 5
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the GLW price?

Issuer Target Up/Down from current
Wallstreet Target Price 92.8 8.5%
Analysts Target Price 92.8 8.5%
ValueRay Target Price 108.2 26.6%

GLW Fundamental Data Overview November 01, 2025

Market Cap USD = 72.95b (72.95b USD * 1.0 USD.USD)
P/E Trailing = 57.1026
P/E Forward = 28.9855
P/S = 4.8908
P/B = 6.3591
P/EG = 0.6977
Beta = 1.131
Revenue TTM = 14.91b USD
EBIT TTM = 2.13b USD
EBITDA TTM = 3.45b USD
Long Term Debt = 6.88b USD (from longTermDebt, last fiscal year)
Short Term Debt = 812.0m USD (from shortTermDebt, last quarter)
Debt = 8.22b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.57b USD (from netDebt column, last quarter)
Enterprise Value = 79.52b USD (72.95b + Debt 8.22b - CCE 1.65b)
Interest Coverage Ratio = 6.62 (Ebit TTM 2.13b / Interest Expense TTM 322.0m)
FCF Yield = 1.46% (FCF TTM 1.16b / Enterprise Value 79.52b)
FCF Margin = 7.79% (FCF TTM 1.16b / Revenue TTM 14.91b)
Net Margin = 9.16% (Net Income TTM 1.37b / Revenue TTM 14.91b)
Gross Margin = 35.69% ((Revenue TTM 14.91b - Cost of Revenue TTM 9.59b) / Revenue TTM)
Gross Margin QoQ = 37.07% (prev 36.04%)
Tobins Q-Ratio = 2.66 (Enterprise Value 79.52b / Total Assets 29.92b)
Interest Expense / Debt = 0.95% (Interest Expense 78.0m / Debt 8.22b)
Taxrate = 14.55% (80.0m / 550.0m)
NOPAT = 1.82b (EBIT 2.13b * (1 - 14.55%))
Current Ratio = 1.56 (Total Current Assets 8.68b / Total Current Liabilities 5.58b)
Debt / Equity = 0.71 (Debt 8.22b / totalStockholderEquity, last quarter 11.54b)
Debt / EBITDA = 1.90 (Net Debt 6.57b / EBITDA 3.45b)
Debt / FCF = 5.65 (Net Debt 6.57b / FCF TTM 1.16b)
Total Stockholder Equity = 11.01b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.57% (Net Income 1.37b / Total Assets 29.92b)
RoE = 12.40% (Net Income TTM 1.37b / Total Stockholder Equity 11.01b)
RoCE = 11.92% (EBIT 2.13b / Capital Employed (Equity 11.01b + L.T.Debt 6.88b))
RoIC = 10.04% (NOPAT 1.82b / Invested Capital 18.16b)
WACC = 9.23% (E(72.95b)/V(81.17b) * Re(10.18%) + D(8.22b)/V(81.17b) * Rd(0.95%) * (1-Tc(0.15)))
Discount Rate = 10.18% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.53%
[DCF Debug] Terminal Value 73.09% ; FCFE base≈1.11b ; Y1≈1.27b ; Y5≈1.74b
Fair Price DCF = 26.09 (DCF Value 21.08b / Shares Outstanding 808.0m; 5y FCF grow 16.20% → 3.0% )
EPS Correlation: 77.90 | EPS CAGR: 13.76% | SUE: 0.47 | # QB: 0
Revenue Correlation: 69.08 | Revenue CAGR: 6.98% | SUE: -0.32 | # QB: 0

Additional Sources for GLW Stock

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