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Corning Incorporated

Company price
118.31 USD -7.83 ( 6.21%)
Last update at 2026-11-04T20:55:00Z
VOLUME
11465293
Market Cap
142124.01M
P/E
89.92

Momentum Score

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Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. It also offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. In addition, it manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for markets, such as mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Further, the company provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications, as well as technical glass and optic products and solutions for the interior and exterior of vehicles. Additionally, it offers laboratory products, including plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Falcon, PYREX, and Axygen brands. It also offers polysilicon products and pharmaceutical glass tubing and vials. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

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Day Price Range
115.40
Low
123.80
High
52 Week Price Range
41.38
Low
176.75
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Corning Incorporated makes specialty glass, ceramics and optical products, including cover glass, display glass, optical fiber and materials for automotive and life sciences. Long-term growth could be supported by demand for high-performance cover glass, expanding fiber deployment for 5G and data centers, and gradual adoption in automotive and life sciences, which may make its diversified technology platform and manufacturing scale appealing to investors.

Key risks include cyclicality in displays and consumer electronics, capital-intensive manufacturing and capacity timing, technological competition and execution risk, plus exposure to supply-chain and end-market demand swings.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
126.14
Dividend Yield
0.68%
Revenue TTM
15629.00M
Revenue Per Share
18.28
Gross Profit TTM
5624.00M
Debt / Equity
0.87
ROE
14.90%
Net Debt
8697.00M
ROCE
9.42%
Diluted EPS TTM
1.84

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 2052.00M 813.00M 816.00M 1797.00M 2397.00M
Minority interest -146.00M -86.00M -67.00M -70.00M -
Net income 1596.00M 506.00M 581.00M 1316.00M 1906.00M
Selling general administrative 2122.00M 1931.00M 1843.00M 1898.00M 1827.00M
Gross profit 5514.00M 4276.00M 3931.00M 4506.00M 5063.00M
Reconciled depreciation 1347.00M 1350.00M 1369.00M 1452.00M 1481.00M
Ebit 2388.00M 1142.00M 890.00M 1438.00M 2112.00M
Ebitda 3735.00M 2492.00M 890.00M 3190.00M 3824.00M
Depreciation and amortization 1347.00M 1350.00M 1369.00M 1752.00M 1712.00M
Non operating income net other - - - 300.00M 231.00M
Operating income 2331.00M 1135.00M 890.00M 1438.00M 2112.00M
Other operating expenses 13298.00M 11983.00M 11576.00M 12751.00M 11970.00M
Interest expense 336.00M 329.00M 329.00M 292.00M 300.00M
Tax provision 310.00M 221.00M 168.00M 411.00M 491.00M
Interest income 148.00M 47.00M 38.00M 15.00M 11.00M
Net interest income -298.00M -282.00M -291.00M -277.00M -289.00M
Income tax expense 310.00M 221.00M -168.00M 411.00M 491.00M
Total revenue 15629.00M 13118.00M 12588.00M 14189.00M 14082.00M
Total operating expenses 3183.00M 3141.00M 2919.00M 3068.00M 2951.00M
Cost of revenue 10115.00M 8842.00M 8657.00M 9683.00M 9019.00M
Total other income expense net -279.00M -322.00M -74.00M 359.00M 285.00M
Net income from continuing ops 1742.00M 592.00M 648.00M 1386.00M 1906.00M
Net income applicable to common shares 1596.00M 506.00M 581.00M 1316.00M 1079.00M
Preferred stock and other adjustments - - - - 827.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 30976.00M 27735.00M 28500.00M 29499.00M 30144.00M
Intangible assets 657.00M 752.00M 905.00M 1029.00M 1148.00M
Other current assets 1554.00M 1447.00M 1195.00M 703.00M 1026.00M
Total liab 18669.00M 16665.00M 16632.00M 17224.00M 17599.00M
Total stockholder equity 11807.00M 10686.00M 11551.00M 12008.00M 12333.00M
Other current liab 2522.00M 2709.00M 2023.00M 2760.00M 2768.00M
Common stock 924.00M 921.00M 916.00M 910.00M 907.00M
Capital stock 924.00M 921.00M 916.00M 910.00M 907.00M
Retained earnings 16551.00M 15926.00M 16391.00M 16778.00M 16389.00M
Other liab - - - 4567.00M 5804.00M
Good will 2489.00M 2363.00M 2380.00M 2394.00M 2421.00M
Other assets 4069.00M 3269.00M 3373.00M 3252.00M 3112.00M
Cash 1526.00M 1768.00M 1779.00M 1671.00M 2148.00M
Cash and equivalents 1526.00M 1768.00M 1779.00M 1671.00M 2148.00M
Total current liabilities 5628.00M 4919.00M 4319.00M 5175.00M 4806.00M
Current deferred revenue 226.00M 317.00M 329.00M 276.00M 371.00M
Net debt 8697.00M 6323.00M 6705.00M 6146.00M 4896.00M
Short term debt 901.00M 421.00M 432.00M 335.00M 55.00M
Short long term debt 804.00M 326.00M 320.00M 224.00M 55.00M
Short long term debt total 10223.00M 8091.00M 8484.00M 7817.00M 7044.00M
Other stockholder equity -3563.00M -3618.00M -3708.00M -3850.00M -3788.00M
Property plant equipment 14825.00M 13359.00M 14630.00M 15371.00M 15804.00M
Total current assets 8936.00M 7992.00M 7212.00M 7453.00M 7659.00M
Long term investments 512.00M 394.00M 414.00M 360.00M 318.00M
Net tangible assets - - - 8585.00M 8764.00M
Net receivables 2779.00M 2053.00M 1572.00M 1721.00M 2004.00M
Long term debt 7630.00M 6885.00M 7206.00M 6687.00M 6989.00M
Inventory 3077.00M 2724.00M 2666.00M 2904.00M 2481.00M
Accounts payable 1979.00M 1472.00M 1466.00M 1804.00M 1612.00M
Noncontrolling interest in consolidated entity - - - 267.00M 212.00M
Accumulated other comprehensive income -2105.00M -2543.00M -2048.00M -1830.00M -1175.00M
Common stock total equity - - - 910.00M 907.00M
Retained earnings total equity - - - 16778.00M 16389.00M
Treasury stock - - - -20532.00M -20263.00M
Non currrent assets other 662.00M 949.00M 923.00M 977.00M 1728.00M
Non current assets total 22040.00M 19743.00M 21288.00M 22046.00M 22485.00M
Capital lease obligations 943.00M 880.00M 958.00M 906.00M 968.00M
Long term debt total 7630.00M 6885.00M 7206.00M 6687.00M 6989.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments 182.00M -744.00M -1000.00M -1355.00M 84.00M
Change to liabilities - - - 349.00M 704.00M
Total cashflows from investing activities -1243.00M -744.00M -1000.00M -1355.00M -1419.00M
Net borrowings -425.00M -114.00M 716.00M 40.00M -838.00M
Total cash from financing activities -1672.00M -1164.00M -883.00M -1649.00M -2452.00M
Change to operating activities - - - -119.00M -467.00M
Net income 1596.00M 592.00M 648.00M 1386.00M 1906.00M
Change in cash -202.00M -11.00M 108.00M -477.00M -524.00M
Begin period cash flow 1768.00M 1779.00M 1671.00M 2148.00M 2672.00M
End period cash flow 1566.00M 1768.00M 1779.00M 1671.00M 2148.00M
Total cash from operating activities 2695.00M 1939.00M 2005.00M 2615.00M 3412.00M
Depreciation 1347.00M 1350.00M 1369.00M 1452.00M 1481.00M
Other cashflows from investing activities 39.00M 221.00M 332.00M 249.00M 14.00M
Dividends paid 999.00M 986.00M 989.00M -932.00M -871.00M
Change to inventory -243.00M -171.00M 157.00M -522.00M -103.00M
Change to account receivables -749.00M -717.00M 50.00M 113.00M -54.00M
Sale purchase of stock -163.00M -246.00M -106.00M -728.00M -781.00M
Other cashflows from financing activities -85.00M 182.00M -504.00M 58.00M -59.00M
Change to netincome - - - 456.00M -55.00M
Capital expenditures 1282.00M 965.00M 1390.00M 1604.00M 1637.00M
Change receivables - - - 113.00M -54.00M
Cash flows other operating - - - -619.00M -900.00M
Cash and cash equivalents changes - - - -389.00M -459.00M
Change in working capital -228.00M -558.00M -158.00M -138.00M 323.00M
Stock based compensation 286.00M 273.00M 218.00M 175.00M 190.00M
Other non cash items 49.00M 315.00M 3.00M -214.00M -523.00M
Free cash flow 1413.00M 974.00M 615.00M 1011.00M 1775.00M

Peer Comparison*

Sector: Technology Industry: Electronic Components

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
GLW
Corning Incorporated
-7.83
6.21%
118.31 89.92 53.19 9.09 12.03 9.59 40.14
APH
Amphenol Corporation
-5.16
6.12%
79.03 45.49 34.25 8.09 13.93 8.26 27.70
HNHPF
Hon Hai Precision Industry Co Ltd ADR
-0.32
2.13%
14.72 16.20 11.34 0.01 1.82 0.35 6.73
MRAAF
Murata Manufacturing Co. Ltd
-
-%
40.23 59.07 33.56 0.05 4.71 6.76 25.24
TEL
TE Connectivity Ltd
0.52
0.24%
220.29 19.92 15.77 3.02 4.45 3.27 12.93

Profile*

Corning Incorporated

Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. It also offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. In addition, it manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for markets, such as mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Further, the company provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications, as well as technical glass and optic products and solutions for the interior and exterior of vehicles. Additionally, it offers laboratory products, including plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Falcon, PYREX, and Axygen brands. It also offers polysilicon products and pharmaceutical glass tubing and vials. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

One Riverfront Plaza, Corning, NY, United States, 14831

607-974-9000

67200

Name Title Year Born
Mr. Wendell P. Weeks Chairman & CEO 1960
Mr. Eric S. Musser Pres & COO 1960
Mr. Lewis A. Steverson Exec. VP and Chief Legal & Admin. Officer 1964
Mr. Lawrence D. McRae First Vice Chairman & Corp. Devel. Officer 1959
Mr. Edward A. Schlesinger Exec. VP & CFO 1968
Mr. Stefan Becker Sr. VP of Fin., Corp. Controller & Principal Accounting Officer 1972
Dr. Jaymin Amin Sr. VP & CTO 1968
Ms. Anne Elizabeth Mullins Sr. VP and Chief Digital & Information Officer 1963
Ms. Soumya Seetharam Sr. VP and Chief Digital & Information Officer NA
Ms. Ann H. S. Nicholson VP of Investor Relations NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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