Corning GLW Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 36.4%+3.3pp | 36%+3.4pp | 35.7%+3.9pp | 34.8%+3.6pp | 33.1%+1.3pp | |
| Operating margin | 15.2%+5.4pp | 14.6%+5.9pp | 13.4%+5.9pp | 12.1%+5.0pp | 9.8%+2.3pp | |
| Net margin | 11.1%+7.8pp | 10.2%+6.4pp | 9.2%+6.5pp | 5.8%+0.9pp | 3.3%-1.9pp | |
| EBITDA margin | 23.6%+4.1pp | 23.2%+4.3pp | 22.3%+4.1pp | 21.5%+3.5pp | 19.6%+1.1pp | |
| Free cash flow margin | 9.2%+1.3pp | 9%+1.6pp | 7.8%-0.3pp | 8.4%+0.9pp | 7.9%+0.7pp | |
| Returns | ||||||
| Return on equity | 16.1%+11.9pp | 14.2%+9.6pp | 12.1%+9.0pp | 7.5%+2.1pp | 4.1%-1.4pp | |
| Return on assets | 6.2%+4.5pp | 5.4%+3.6pp | 4.7%+3.5pp | 2.9%+0.8pp | 1.7%-0.6pp | |
| Return on invested capital | 15.4%+9.7pp | 10.2%+5.5pp | 9.2%+5.2pp | 8.1%+4.1pp | 5.7%+1.6pp | |
| Efficiency | ||||||
| Asset turnover | 0.6×+0.1× | 0.5×+0.1× | 0.5×+0.1× | 0.5×+0.1× | 0.5×+0.1× | |
| Inventory turnover | 3.4×+0.1× | 3.5×+0.2× | 3.3×+0.1× | 3.2×0.0× | 3.2×+0.2× | |
| Liquidity | ||||||
| Current ratio | 1.6×-0.1× | 1.6×0.0× | 1.6×-0.1× | 1.5×-0.1× | 1.7×0.0× | |
| Quick ratio | 1.1×0.0× | 1×0.0× | 1×-0.1× | 0.9×0.0× | 1×0.0× | |
| Cash ratio | 0.3×0.0× | 0.3×-0.1× | 0.3×-0.1× | 0.3×0.0× | 0.3×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0×-0.7× | 0.9×+0.1× | 0.8×+0.1× | 0.7×0.0× | 0.7×0.0× | |
| 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×-2.6× | 2.5×-0.1× | 2.3×-0.3× | 2×-0.6× | 2.2×-0.4× | |
| Interest coverage | 7.1×+3.1× | 6.8×+3.3× | 6.2×+3.3× | 5.2×+2.6× | 4×+1.2× | |
| Valuation | ||||||
| Market capitalization | $116.8B+198% | $75.07B+84.5% | $70.27B+81.9% | $44.04B+32.3% | $39.22B+39.1% | |
| Enterprise value | $115.29B+155% | $84.15B+78.4% | $77.8B+74.7% | $50.15B+27.8% | $45.19B+31.8% | |
| Price / earnings | 64.5×-21.9× | 47×-33.4× | 51.4×-61.8× | 53.8×-1.4× | 86.4×+42.7× | |
| Price / sales | 7.2×+4.3× | 4.8×+1.7× | 4.7×+1.7× | 3.1×+0.4× | 2.9×+0.6× | |
| Price / book | 9.9×+6.2× | 6.4×+2.6× | 6.1×+2.6× | 4×+0.8× | 3.7×+1.1× | |
| EV / EBITDA | 29.9×+12.9× | 23.2×+4.2× | 23.4×+4.2× | 16.5×-1.0× | 17×+2.0× | |
| EV / sales | 7.1×+3.7× | 5.4×+1.8× | 5.2×+1.7× | 3.5×+0.4× | 3.3×+0.6× | |
| Free cash flow yield | 1.3%-1.5pp | 1.9%-0.5pp | 1.7%-1.0pp | 2.7%-0.1pp | 2.7%-0.4pp | |
| Earnings yield | 1.5%+0.4pp | 2.1%+0.9pp | 1.9%+1.1pp | 1.9%0.0pp | 1.2%-1.1pp | |
| PEG ratio | 0.2×— | 0.2×— | 0.2×— | 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.
