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Corning GLW Price / sales

Price / sales at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
4.4×-0.8×
Danaher logo
DanaherDHR
5.4×-0.7×
Amphenol logo
AmphenolAPH
+1.3×
Amkor Technology logo
Amkor TechnologyAMKR
1.6×+0.9×
Coherent logo
CoherentCOHR
6.8×+5.0×
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
20.2×+17.2×

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×

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 / sales?
Corning (GLW) reported price / sales of 7.2× in Q1 2026.
How has Corning's price / sales changed year-over-year?
Corning's price / sales increased by 148.0% year-over-year, from 2.9× to 7.2×.
What is the long-term trend for Corning's price / sales?
Over 2 years (2023 to 2025), Corning's price / sales has grown at a 35.4% compound annual growth rate (CAGR), from 8.5× to 15.5×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.