Corning Statistics
Total Valuation
Corning has a market cap or net worth of $131.48 billion. The enterprise value is $139.79 billion.
Important Dates
The next confirmed earnings date is Tuesday, April 28, 2026, before market open.
| Earnings Date | Apr 28, 2026 |
| Ex-Dividend Date | Feb 27, 2026 |
Share Statistics
Corning has 859.06 million shares outstanding. The number of shares has decreased by -0.16% in one year.
| Current Share Class | 859.06M |
| Shares Outstanding | 859.06M |
| Shares Change (YoY) | -0.16% |
| Shares Change (QoQ) | -0.60% |
| Owned by Insiders (%) | 0.26% |
| Owned by Institutions (%) | 74.47% |
| Float | 788.02M |
Valuation Ratios
The trailing PE ratio is 73.53 and the forward PE ratio is 46.38. Corning's PEG ratio is 2.26.
| PE Ratio | 73.53 |
| Forward PE | 46.38 |
| PS Ratio | 8.12 |
| Forward PS | 6.99 |
| PB Ratio | 12.90 |
| P/TBV Ratio | 15.24 |
| P/FCF Ratio | 88.38 |
| P/OCF Ratio | 45.62 |
| PEG Ratio | 2.26 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 35.82, with an EV/FCF ratio of 93.19.
| EV / Earnings | 77.23 |
| EV / Sales | 8.56 |
| EV / EBITDA | 35.82 |
| EV / EBIT | 55.52 |
| EV / FCF | 93.19 |
Financial Position
The company has a current ratio of 1.61, with a Debt / Equity ratio of 0.73.
| Current Ratio | 1.61 |
| Quick Ratio | 0.75 |
| Debt / Equity | 0.73 |
| Debt / EBITDA | 2.17 |
| Debt / FCF | 5.98 |
| Interest Coverage | 7.28 |
Financial Efficiency
Return on equity (ROE) is 16.74% and return on invested capital (ROIC) is 10.64%.
| Return on Equity (ROE) | 16.74% |
| Return on Assets (ROA) | 5.37% |
| Return on Invested Capital (ROIC) | 10.64% |
| Return on Capital Employed (ROCE) | 9.94% |
| Weighted Average Cost of Capital (WACC) | 9.61% |
| 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 +246.42% in the last 52 weeks. The beta is 1.05, so Corning's price volatility has been similar to the market average.
| Beta (5Y) | 1.05 |
| 52-Week Price Change | +246.42% |
| 50-Day Moving Average | 147.28 |
| 200-Day Moving Average | 98.68 |
| Relative Strength Index (RSI) | 46.88 |
| Average Volume (20 Days) | 10,281,600 |
Short Selling Information
The latest short interest is 15.69 million, so 1.83% of the outstanding shares have been sold short.
| Short Interest | 15.69M |
| Short Previous Month | 17.64M |
| Short % of Shares Out | 1.83% |
| Short % of Float | 1.99% |
| Short Ratio (days to cover) | 1.32 |
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 | 3.90B |
| EBIT | 2.52B |
| Earnings Per Share (EPS) | $2.08 |
Full Income StatementBalance Sheet
The company has $1.76 billion in cash and $8.97 billion in debt, giving a net cash position of -$7.22 billion or -$8.40 per share.
| Cash & Cash Equivalents | 1.76B |
| Total Debt | 8.97B |
| Net Cash | -7.22B |
| Net Cash Per Share | -$8.40 |
| Equity (Book Value) | 12.35B |
| Book Value Per Share | 13.02 |
| Working Capital | 3.61B |
Full Balance SheetCash 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 | $1.75 |
Full Cash Flow StatementMargins
Gross margin is 36.38%, with operating and profit margins of 15.43% and 11.09%.
| Gross Margin | 36.38% |
| Operating Margin | 15.43% |
| Pretax Margin | 14.34% |
| Profit Margin | 11.09% |
| EBITDA Margin | 23.91% |
| EBIT Margin | 15.43% |
| FCF Margin | 9.19% |
Dividends & Yields
This stock pays an annual dividend of $1.12, which amounts to a dividend yield of 0.73%.
| Dividend Per Share | $1.12 |
| Dividend Yield | 0.73% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 61.20% |
| Buyback Yield | 0.16% |
| Shareholder Yield | 0.88% |
| Earnings Yield | 1.37% |
| FCF Yield | 1.13% |
Dividend DetailsAnalyst Forecast
The average price target for Corning is $133.27, which is -12.92% lower than the current price. The consensus rating is "Buy".
| Price Target | $133.27 |
| Price Target Difference | -12.92% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | 31.07% |
Stock ForecastsStock 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
| Altman Z-Score | n/a |
| Piotroski F-Score | 6 |