Corning Inc GLW
Hardware, Equipment & Parts, Technology
$163.25
−3.39%
- Market cap
- $140.6B
- PE
- 74.2×
- 10y median 39.0×
- Forward PE
- Price to sales
- 8.3×
- EV/EBIT
- 56.6×
- Revenue, 12 months
- $17B
- +19% on a year ago
- Net margin
- 11.2%
- Free cash flow yield
- 1.7%
Corning trades at 74.2× trailing earnings, pricier than 74% of the last ten years. Revenue was $17B over the last twelve months, up 19% on a year earlier with a 11% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $3B | $3B | $3.3B | $3.4B | $3.5B+17% | $3.5B+16% | $3.9B+19% | $4.1B+21% | $4.2B+20% | $4.1B+20% | $4.5B+17% | |
| Cost of revenue | $2.1B | $2B | $2.3B | $2.3B | $2.3B+11% | $2.2B+13% | $2.5B+7% | $2.6B+15% | $2.7B+18% | $2.6B+17% | $2.9B+17% |
| Gross profit | $911M | $993M | $949M | $1.1B | $1.2B+31% | $1.2B+22% | $1.4B+47% | $1.5B+34% | $1.5B+25% | $1.5B+26% | $1.6B+17% |
| R&D | $289M | $258M | $262M | $294M | $275M−5% | $270M+5% | $276M+5% | $280M−5% | $284M+3% | $278M+3% | $299M+8% |
| SG&A | $514M | $451M | $471M | $510M | $499M−3% | $471M+4% | $515M+9% | $624M+22% | $512M+3% | $588M+25% | $608M+18% |
| $78M | $254M | $186M | $302M | $393M+404% | $445M+75% | $573M+208% | $589M+95% | $672M+71% | $639M+44% | $698M+22% | |
| Interest expense | $90M | $83M | $84M | $83M | $79M−12% | $82M−1% | $83M−1% | $78M−6% | $93M+18% | $92M+12% | $94M+13% |
| Pre-tax income | −$38M | $296M | $172M | −$92M | $437M | $240M−19% | $584M+240% | $550M | $678M+55% | $529M+120% | $649M+11% |
| −$10M | $71M | $50M | $3M | $97M | $55M−23% | $84M+68% | $80M+2567% | $91M−6% | $121M+120% | $40M−52% | |
| Net income | −$40M | $209M | $104M | −$117M | $310M | $157M−25% | $469M+351% | $430M | $540M+74% | $371M+136% | $559M+19% |
| −$0.05 | $0.24 | $0.12 | −$0.14 | $0.36 | $0.18−25% | $0.54+350% | $0.50 | $0.63+75% | $0.43+139% | $0.64+19% | |
| 851M | 862M | 864M | 854M | 854M+0% | 866M+1% | 865M+0% | 868M+2% | 860M+1% | 871M+1% | 875M+1% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Hardware, Equipment & Parts within ten times Corning's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| GLWCorning Inc | $140.6B | 74.2× | 39.0× | 8.3× | +19% | 11.2% | |
| APHAmphenol Corporation | $215.9B | 43.9× | 31.5× | 7.4× | +54% | 17.7% | |
| COHRCoherent, Inc. | $65.5B | 81.4× | 30.0× | 9.2× | +23% | 11.3% | |
| KEYSKeysight Technologies, Inc. | $64.9B | 52.5× | 35.9× | 9.9× | +26% | 19.1% | |
| GRMNGarmin Ltd. | $53.3B | 28.5× | 21.3× | 6.9× | +14% | 24.5% | |
| FLEXFlex Ltd. | $44.1B | 46.1× | 17.8× | 1.5× | +12% | 3.3% | |
| CLSCelestica Inc. | $42.7B | 38.5× | 15.1× | 2.7× | +47% | 7.2% | |
| JBLJabil Inc. | $31.4B | 37.4× | 25.8× | 0.9× | +18% | 2.6% | |
| TDYTeledyne Technologies Incorporated | $28B | 29.2× | 29.2× | 4.4× | +8% | 15.3% | |
| Peer median | $48.7B | 41.2× | 27.5× | 5.7× | +20% | 13.3% |
About
- Industry
- Hardware, Equipment & Parts
- Sector
- Technology
Valuation data, not investment advice. Prices as of .