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Corning GLW Current ratio

Current ratio at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
1.5×-0.2×
Danaher logo
DanaherDHR
1.9×+0.4×
Amphenol logo
AmphenolAPH
1.7×-0.3×
Amkor Technology logo
Amkor TechnologyAMKR
0.0×
Coherent logo
CoherentCOHR
+0.6×
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
1.1×-3.6×

Other financials

Income statement

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Revenue$4.1B+20.1%
Gross profit$1.5B+25.9%
Operating income$639.0M+43.6%
Net income$371.0M+136%
EPS (diluted)$0.43+139%

Balance sheet

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Cash & equivalents$1.8B+29.1%
Total debt$248.0M-96.6%
Total equity$11.8B+10.2%
Total assets$31.3B+14.1%

Cash flow

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Operating cash flow$362.0M+140%
CapEx$332.0M+59.6%
Free cash flow$30.0M+153%

Valuation

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Market cap$150.96B+198%
Enterprise value$149.45B+155%
P/E83.4×-28.3×
P/S9.3×+5.5×

Profitability

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Gross margin36.4%+3.3pp
Operating margin15.2%+5.4pp
Net margin11.1%+7.8pp

Returns & leverage

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Return on equity16.1%+11.9pp
Debt / equity-0.7×

Where this comes from

Calculated from Corning’s reported figures.

Based on the most recent quarter.

The official record: Corning’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corning's current ratio?
Corning (GLW) reported current ratio of 1.6× in Q1 2026.
How has Corning's current ratio changed year-over-year?
Corning's current ratio decreased by 4.7% year-over-year, from 1.7× to 1.6×.
What is the long-term trend for Corning's current ratio?
Over 4 years (2021 to 2025), Corning's current ratio has grown at a -3.6% compound annual growth rate (CAGR), from 7.3× to 6.3×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.