Skip to content

Corning GLW Interest coverage

Interest coverage at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
5.6×+0.7×
Danaher logo
DanaherDHR
18.6×+1.7×
Amphenol logo
AmphenolAPH
13.4×-0.3×
Amkor Technology logo
Amkor TechnologyAMKR
+0.9×
Coherent logo
CoherentCOHR
1.6×+1.4×
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
10×+6.4×

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
Return on equity16.1%+11.9pp
Debt / equity-0.7×
Current ratio1.6×-0.1×

Where this comes from

Calculated from Corning’s reported figures.

Based on trailing twelve months.

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

Ask your AI about Corning's interest coverage.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Corning's interest coverage?
Corning (GLW) reported interest coverage of 7.1× in Q1 2026.
How has Corning's interest coverage changed year-over-year?
Corning's interest coverage increased by 76.8% year-over-year, from 4× to 7.1×.
What is the long-term trend for Corning's interest coverage?
Over 2 years (2023 to 2025), Corning's interest coverage has grown at a 26.2% compound annual growth rate (CAGR), from 14× to 22.3×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.