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Corning GLW Current ratio

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1.6×-0.4×
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1.7×0.0×
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12.8×+6.1×
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1.9×-0.1×
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2.1×+0.2×
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Other financials

Income statement

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Revenue$4.5B+16.6%
Gross profit$1.6B+17.0%
Operating income$698.0M+21.8%
Net income$559.0M+19.2%
EPS (diluted)$0.64+18.5%

Balance sheet

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Cash & equivalents$2.5B+67.9%
Total debt$8.5B+12.0%
Total equity$12.6B+13.0%
Total assets$33.0B+14.6%

Cash flow

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Operating cash flow$1.7B+143%
CapEx$422.0M+37.0%
Free cash flow$1.3B+224%

Valuation

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Market cap$118.84B+119%
Enterprise value$124.85B+106%
P/E62.6×-1.7×
P/S+3.2×

Profitability

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Gross margin36.4%+1.6pp
Operating margin15.3%+3.3pp
Net margin11.2%+5.2pp
FCF margin14.1%+5.7pp

Returns & leverage

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Return on equity16.1%+8.2pp
Debt / equity0.7×0.0×

Where this comes from

Calculated from Corning’s reported figures.

Based on the most recent quarter.

The source filing: Corning’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 12:22 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000024741-26-000255

FAQ

What is Corning's current ratio?
Corning (GLW) reported current ratio of 1.8× in Q2 2026.
How has Corning's current ratio changed year-over-year?
Corning's current ratio increased by 21.1% year-over-year, from 1.5× to 1.8×.
What is the long-term trend for Corning's current ratio?
Over 5 years (2020 to 2025), Corning's current ratio has grown at a -5.7% compound annual growth rate (CAGR), from 2.1× to 1.6×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

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