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Corning GLW Inventory turnover

Inventory turnover at other companies

Danaher logo
DanaherDHR
+0.3×
Amphenol logo
AmphenolAPH
4.6×+0.3×
Amkor Technology logo
Amkor TechnologyAMKR
14.7×-1.6×
Coherent logo
CoherentCOHR
2.4×-0.4×
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
2.8×+0.3×
Entegris logo
EntegrisENTG
2.7×0.0×

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×
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 →

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Questions, answered.

What is Corning's inventory turnover?
Corning (GLW) reported inventory turnover of 3.4× in Q1 2026.
How has Corning's inventory turnover changed year-over-year?
Corning's inventory turnover increased by 3.7% year-over-year, from 3.2× to 3.4×.
What is the long-term trend for Corning's inventory turnover?
Over 2 years (2023 to 2025), Corning's inventory turnover has grown at a 0.6% compound annual growth rate (CAGR), from 13× to 13.2×.
What does inventory turnover mean?
How many times a year the company sells through and restocks its inventory.
How do you interpret inventory turnover?
Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
How does inventory turnover compare across companies?
Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.