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Corning GLW Return on equity

Return on equity at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
13.5%-0.2pp
Danaher logo
DanaherDHR
7.1%-0.1pp
Amphenol logo
AmphenolAPH
36.8%+9.3pp
Amkor Technology logo
Amkor TechnologyAMKR
10%+2.3pp
Coherent logo
CoherentCOHR
1.8%+1.0pp
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
22.8%+13.8pp

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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Debt / equity-0.7×
Current ratio1.6×-0.1×

Where this comes from

Calculated from Corning’s reported figures.

Based on trailing twelve months.

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 return on equity?
Corning (GLW) reported return on equity of 16.1% in Q1 2026.
How has Corning's return on equity changed year-over-year?
Corning's return on equity increased by 288.3% year-over-year, from 4.1% to 16.1%.
What is the long-term trend for Corning's return on equity?
Over 4 years (2021 to 2025), Corning's return on equity has grown at a -7.7% compound annual growth rate (CAGR), from 52.2% to 37.9%.
What does return on equity mean?
How much profit the company earns on the money shareholders have invested.
How do you interpret return on equity?
Higher is better, but very high ROE can be manufactured by leverage — a thin equity base inflates the ratio. Read it next to debt-to-equity and ROIC to tell genuine returns from balance-sheet engineering.
How does return on equity compare across companies?
Comparable across peers, with the leverage caveat. Negative or near-zero equity makes ROE meaningless, so it is suppressed there.