Corning GLW Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 139.5%+12.1pp | 127.4%+1.6pp | 125.7%— | —— | |
| Operating margin | 49.8%+19.1pp | 30.7%-2.4pp | 33.1%— | —— | |
| Net margin | 28.5%+11.9pp | 16.5%-9.3pp | 25.8%— | —— | |
| EBITDA margin | 86.5%+13.0pp | 73.5%-1.7pp | 75.2%— | —— | |
| Free cash flow margin | 33.1%+2.9pp | 30.2%+17.3pp | 12.9%— | —— | |
| Returns | |||||
| Return on equity | 37.9%+19.3pp | 18.6%-10.5pp | 29.2%-19.7pp | 48.9%-3.3pp | |
| Return on assets | 14.7%+7.3pp | 7.5%-4.3pp | 11.8%-8.2pp | 20%-2.0pp | |
| Return on invested capital | 33.1%+16.3pp | 16.8%-2.8pp | 19.6%— | —— | |
| Efficiency | |||||
| Asset turnover | 2×+0.2× | 1.8×0.0× | 1.8×— | —— | |
| Inventory turnover | 13.2×+0.5× | 12.7×-0.3× | 13×— | —— | |
| Liquidity | |||||
| Current ratio | 6.3×-0.2× | 6.5×+0.1× | 6.5×+0.5× | 5.9×-1.4× | |
| Quick ratio | 4×-0.1× | 4.1×+0.1× | 4×+0.2× | 3.8×-1.3× | |
| Cash ratio | 1.1×-0.2× | 1.3×0.0× | 1.4×+0.1× | 1.3×-0.9× | |
| Leverage | |||||
| Debt-to-equity | 3.1×+0.3× | 2.8×+0.2× | 2.7×+0.2× | 2.4×0.0× | |
| Debt-to-assets | 1.2×+0.1× | 1.1×0.0× | 1.1×+0.1× | 1×-0.1× | |
| Net debt / EBITDA | 9×-1.5× | 10.5×+0.5× | 10×— | —— | |
| Interest coverage | 22.3×+10.5× | 11.8×-2.2× | 14×— | —— | |
| Valuation | |||||
| Market capitalization | $228.6B+62.4% | $140.79B+26.1% | $111.65B+2.1% | $109.37B-19.0% | |
| Enterprise value | $257.29B+55.7% | $165.24B+21.2% | $136.32B+4.0% | $131.02B-16.0% | |
| Price / earnings | 238.6×-53.9× | 292.5×+156× | 136.5×+62.7× | 73.8×-12.5× | |
| Price / sales | 15.5×+4.4× | 11.1×+2.6× | 8.5×— | —— | |
| Price / book | 20.1×+7.1× | 12.9×+3.3× | 9.6×+0.4× | 9.2×-1.6× | |
| EV / EBITDA | 80×+9.4× | 70.6×+15.6× | 55×— | —— | |
| EV / sales | 17.5×+4.5× | 13×+2.6× | 10.3×— | —— | |
| Free cash flow yield | 9%-2.1pp | 11.1%+4.9pp | 6.2%-12.7pp | 18.9%-1.4pp | |
| Earnings yield | 7.1%+0.9pp | 6.2%-5.9pp | 12.2%-9.7pp | 21.8%+2.3pp | |
| Dividend yield | 7.5%-4.0pp | 11.5%-2.5pp | 14%+0.6pp | 13.4%+3.3pp |
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.
