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Corning GLW Quick ratio

Quick ratio at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
1.2×-0.2×
Danaher logo
DanaherDHR
1.5×+0.5×
Amphenol logo
AmphenolAPH
1.3×-0.1×
Amkor Technology logo
Amkor TechnologyAMKR
1.7×-0.1×
Coherent logo
CoherentCOHR
+0.5×
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
-2.6×

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×
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 quick ratio?
Corning (GLW) reported quick ratio of 1.1× in Q1 2026.
How has Corning's quick ratio changed year-over-year?
Corning's quick ratio increased by 0.6% year-over-year, from 1× to 1.1×.
What is the long-term trend for Corning's quick ratio?
Over 4 years (2021 to 2025), Corning's quick ratio has grown at a -5.5% compound annual growth rate (CAGR), from 5.1× to 4×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.