Corning GLW Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 36.4%+0.4pp | 36%+0.3pp | 35.7%+0.9pp | 34.8%+1.7pp | 33.1%+0.5pp | |
| Operating margin | 15.2%+0.6pp | 14.6%+1.2pp | 13.4%+1.4pp | 12.1%+2.3pp | 9.8%+1.1pp | |
| Net margin | 11.1%+0.9pp | 10.2%+1.1pp | 9.2%+3.4pp | 5.8%+2.4pp | 3.3%-0.5pp | |
| EBITDA margin | 23.6%+0.4pp | 23.2%+0.9pp | 22.3%+0.9pp | 21.5%+1.9pp | 19.6%+0.6pp | |
| Free cash flow margin | 9.2%+0.1pp | 9%+1.3pp | 7.8%-0.6pp | 8.4%+0.5pp | 7.9%+0.5pp | |
| Returns | ||||||
| Return on equity | 16.1%+1.9pp | 14.2%+2.1pp | 12.1%+4.5pp | 7.5%+3.4pp | 4.1%-0.4pp | |
| Return on assets | 6.2%+0.7pp | 5.4%+0.7pp | 4.7%+1.8pp | 2.9%+1.3pp | 1.7%-0.1pp | |
| Return on invested capital | 15.4%+5.2pp | 10.2%+1.0pp | 9.2%+1.1pp | 8.1%+2.4pp | 5.7%+1.0pp | |
| Efficiency | ||||||
| Asset turnover | 0.6×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Inventory turnover | 3.4×-0.1× | 3.5×+0.2× | 3.3×0.0× | 3.2×0.0× | 3.2×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.6×0.0× | 1.6×0.0× | 1.6×+0.1× | 1.5×-0.2× | 1.7×+0.1× | |
| Quick ratio | 1.1×0.0× | 1×0.0× | 1×+0.1× | 0.9×-0.1× | 1×0.0× | |
| Cash ratio | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0×-0.9× | 0.9×+0.1× | 0.8×+0.1× | 0.7×0.0× | 0.7×-0.1× | |
| Debt-to-assets | 0×-0.3× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Net debt / EBITDA | -0.4×-2.9× | 2.5×+0.2× | 2.3×+0.3× | 2×-0.2× | 2.2×-0.4× | |
| Interest coverage | 7.1×+0.4× | 6.8×+0.6× | 6.2×+1.0× | 5.2×+1.2× | 4×+0.6× | |
| Valuation | ||||||
| Market capitalization | $116.8B+55.6% | $75.07B+6.8% | $70.27B+59.6% | $44.04B+12.3% | $39.22B-3.6% | |
| Enterprise value | $115.29B+37.0% | $84.15B+8.2% | $77.8B+55.1% | $50.15B+11.0% | $45.19B-4.2% | |
| Price / earnings | 64.5×+17.5× | 47×-4.4× | 51.4×-2.3× | 53.8×-32.6× | 86.4×+6.0× | |
| Price / sales | 7.2×+2.4× | 4.8×+0.1× | 4.7×+1.6× | 3.1×+0.2× | 2.9×-0.2× | |
| Price / book | 9.9×+3.5× | 6.4×+0.3× | 6.1×+2.1× | 4×+0.3× | 3.7×-0.1× | |
| EV / EBITDA | 29.9×+6.7× | 23.2×-0.1× | 23.4×+6.9× | 16.5×-0.5× | 17×-2.0× | |
| EV / sales | 7.1×+1.7× | 5.4×+0.2× | 5.2×+1.7× | 3.5×+0.2× | 3.3×-0.3× | |
| Free cash flow yield | 1.3%-0.6pp | 1.9%+0.2pp | 1.7%-1.1pp | 2.7%0.0pp | 2.7%+0.3pp | |
| Earnings yield | 1.5%-0.6pp | 2.1%+0.2pp | 1.9%+0.1pp | 1.9%+0.7pp | 1.2%-0.1pp | |
| PEG ratio | 0.2×0.0× | 0.2×0.0× | 0.2×-1.3× | 1.5×— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Corning's profit margins?
- Corning (GLW) runs a 36.4% gross margin and a 15.2% operating margin, with a 11.1% net margin.
- Where do Corning's ratios come from?
- Every ratio is computed from Corning's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
