Corning GLW Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 142.8%+14.1pp | 139.5%+12.1pp | 136.1%+10.1pp | 132.3%+6.7pp | 128.7%+2.9pp | |
| Operating margin | 55.2%+22.2pp | 49.8%+19.1pp | 43.9%+14.8pp | 38%+8.6pp | 33%+1.9pp | |
| Net margin | 36.2%+21.5pp | 28.5%+11.9pp | 22.1%+4.8pp | 15.6%-4.9pp | 14.7%-8.1pp | |
| EBITDA margin | 90.6%+16.0pp | 86.5%+13.0pp | 82.3%+9.8pp | 78.2%+5.4pp | 74.6%+0.8pp | |
| Free cash flow margin | 34.4%+3.5pp | 33.1%+2.9pp | 31.5%+3.8pp | 31.9%+9.3pp | 30.9%+14.0pp | |
| Returns | ||||||
| Return on equity | 49.9%+32.7pp | 37.9%+19.3pp | 28.3%+9.3pp | 19.3%-3.5pp | 17.2%-8.2pp | |
| Return on assets | 19.2%+12.4pp | 14.7%+7.3pp | 11.1%+3.4pp | 7.6%-1.5pp | 6.8%-3.4pp | |
| Return on invested capital | 42.8%+24.5pp | 33.1%+16.3pp | 27.6%+11.6pp | 22.4%+5.7pp | 18.3%+0.3pp | |
| Efficiency | ||||||
| Asset turnover | 2.1×+0.2× | 2×+0.2× | 2×+0.2× | 1.9×+0.1× | 1.9×+0.1× | |
| Inventory turnover | 13.3×+0.4× | 13.2×+0.5× | 13×+0.5× | 12.9×+0.4× | 12.9×+0.3× | |
| Liquidity | ||||||
| Current ratio | 6.3×-0.3× | 6.3×-0.2× | 6.4×-0.2× | 6.5×-0.1× | 6.5×-0.2× | |
| Quick ratio | 4×-0.1× | 4×-0.1× | 4.1×-0.1× | 4.1×0.0× | 4.2×0.0× | |
| Cash ratio | 1.1×-0.2× | 1.1×-0.2× | 1.2×-0.2× | 1.3×-0.2× | 1.3×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 2.4×-0.4× | 3.1×+0.3× | 2.9×+0.2× | 2.8×+0.1× | 2.8×+0.1× | |
| Debt-to-assets | 0.9×-0.2× | 1.2×+0.1× | 1.1×0.0× | 1.1×0.0× | 1.1×0.0× | |
| Net debt / EBITDA | 6.4×-3.7× | 9×-1.5× | 9.1×-1.7× | 9.4×-1.4× | 10×-0.5× | |
| Interest coverage | 25.4×+12.3× | 22.3×+10.5× | 18.9×+7.9× | 15.6×+4.3× | 13.1×+0.6× | |
| Valuation | ||||||
| Market capitalization | $306.18B+102% | $228.6B+62.4% | $194.22B+54.0% | $162.58B+43.3% | $151.82B+38.1% | |
| Enterprise value | $327.4B+85.9% | $257.29B+55.7% | $220.33B+46.2% | $187.05B+35.4% | $176.13B+30.5% | |
| Price / earnings | 216.8×-118× | 238.6×-53.9× | 272×+15.2× | 333.8×+156× | 335.2×+181× | |
| Price / sales | 19.8×+8.1× | 15.5×+4.4× | 13.8×+3.8× | 12.1×+3.1× | 11.7×+3.1× | |
| Price / book | 26.3×+12.2× | 20.1×+7.1× | 17.5×+6.1× | 14.9×+4.7× | 14.1×+4.4× | |
| EV / EBITDA | 92.9×+20.3× | 80×+9.4× | 75.8×+9.7× | 71.6×+11.3× | 72.6×+15.7× | |
| EV / sales | 21.2×+7.7× | 17.5×+4.5× | 15.7×+3.7× | 13.9×+3.0× | 13.5×+3.0× | |
| Free cash flow yield | 7.5%-3.1pp | 9%-2.1pp | 9.5%-1.5pp | 10.5%+0.7pp | 10.6%+2.7pp | |
| Earnings yield | 7.5%+2.4pp | 7.1%+0.9pp | 6.2%-1.0pp | 5.1%-4.1pp | 5.1%-5.6pp | |
| PEG ratio | 2.1×— | —— | —— | —— | —— |
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.
