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Corning GLW Price / earnings

Price / earnings at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
26.7×-2.2×
Danaher logo
DanaherDHR
36.4×-2.6×
Amphenol logo
AmphenolAPH
34.8×+4.4×
Amkor Technology logo
Amkor TechnologyAMKR
25.5×+11.4×
Coherent logo
CoherentCOHR
104.2×
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
114.1×

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/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 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 price / earnings?
Corning (GLW) reported price / earnings of 64.5× in Q1 2026.
How has Corning's price / earnings changed year-over-year?
Corning's price / earnings decreased by 25.3% year-over-year, from 86.4× to 64.5×.
What is the long-term trend for Corning's price / earnings?
Over 4 years (2021 to 2025), Corning's price / earnings has grown at a 29.0% compound annual growth rate (CAGR), from 86.3× to 238.6×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.