Stock GLW CORNING INCORPORATED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Corning Incorporated

Equities

GLW

US2193501051

Electronic Equipment & Parts

Market Closed - Nyse
Other stock markets
 21:00:02 02/05/2024 BST 		5-day change 1st Jan Change
33.57 USD +0.27% Intraday chart for Corning Incorporated +6.50% +10.25%
05-02 Corning Insider Sold Shares Worth $990,644, According to a Recent SEC Filing MT
05-02 Corning Insider Sold Shares Worth $419,302, According to a Recent SEC Filing MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 22,389 27,533 31,772 27,015 25,979 27,420 - -
Enterprise Value (EV) 1 27,695 32,857 36,668 32,255 31,726 33,257 33,151 32,641
P/E ratio 27.2 x 66.7 x 29.1 x 20.7 x 44.8 x 24.3 x 17.6 x 17.3 x
Yield 2.75% 2.44% 2.58% - - 3.45% 3.65% 3.78%
Capitalization / Revenue 1.92 x 2.4 x 2.25 x 1.82 x 1.91 x 1.97 x 1.88 x 1.82 x
EV / Revenue 2.38 x 2.87 x 2.6 x 2.18 x 2.34 x 2.39 x 2.27 x 2.16 x
EV / EBITDA 8.22 x 10.5 x 9.61 x 8.18 x 9.09 x 8.55 x 7.71 x 6.93 x
EV / FCF 523 x 34.7 x 20.4 x 31.9 x 36.1 x 30.3 x 24.8 x 15.9 x
FCF Yield 0.19% 2.89% 4.91% 3.13% 2.77% 3.31% 4.04% 6.31%
Price to Book 1.72 x 2.08 x 2.51 x 2.19 x 2.24 x 2.48 x 2.4 x 2.31 x
Nbr of stocks (in thousands) 769,110 764,811 853,408 845,811 853,182 819,000 - -
Reference price 2 29.11 36.00 37.23 31.94 30.45 33.48 33.48 33.48
Announcement Date 29/01/20 27/01/21 26/01/22 31/01/23 30/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 11,656 11,452 14,120 14,805 13,580 13,919 14,608 15,102
EBITDA 1 3,371 3,132 3,814 3,942 3,490 3,888 4,301 4,707
EBIT 1 1,981 1,733 2,462 2,490 2,243 2,455 2,752 2,840
Operating Margin 17% 15.13% 17.44% 16.82% 16.52% 17.64% 18.84% 18.81%
Earnings before Tax (EBT) 1 1,216 623 2,397 1,797 816 1,425 2,033 2,224
Net income 1 960 512 1,906 1,316 581 1,387 1,753 1,818
Net margin 8.24% 4.47% 13.5% 8.89% 4.28% 9.97% 12% 12.04%
EPS 2 1.070 0.5400 1.280 1.540 0.6800 1.380 1.901 1.933
Free Cash Flow 1 53 948 1,800 1,011 880 1,099 1,338 2,059
FCF margin 0.45% 8.28% 12.75% 6.83% 6.48% 7.9% 9.16% 13.63%
FCF Conversion (EBITDA) 1.57% 30.27% 47.19% 25.65% 25.21% 28.27% 31.1% 43.74%
FCF Conversion (Net income) 5.52% 185.16% 94.44% 76.82% 151.46% 79.24% 76.32% 113.26%
Dividend per Share 2 0.8000 0.8800 0.9600 - - 1.154 1.221 1.265
Announcement Date 29/01/20 27/01/21 26/01/22 31/01/23 30/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 3,639 3,714 3,744 3,762 3,666 3,633 3,367 3,482 3,459 3,272 3,258 3,405 3,609 3,630 3,481
EBITDA 1 1,029 950 1,001 1,051 945 853 833 921 887 849 841 892.8 1,026 1,042 937.3
EBIT 1 690 603 659 706 618 507 523 609 577 534 504 571.2 680.3 697.9 609.4
Operating Margin 18.96% 16.24% 17.6% 18.77% 16.86% 13.96% 15.53% 17.49% 16.68% 16.32% 15.47% 16.77% 18.85% 19.22% 17.51%
Earnings before Tax (EBT) 1 480 576 761 750 260 4 228 409 217 -38 296 241.1 317.8 300.8 -
Net income 1 371 487 581 563 208 -36 176 281 164 -40 209 344.3 408.9 418.6 381.1
Net margin 10.2% 13.11% 15.52% 14.97% 5.67% -0.99% 5.23% 8.07% 4.74% -1.22% 6.41% 10.11% 11.33% 11.53% 10.95%
EPS 2 0.4300 0.5600 0.6800 0.6600 0.2400 -0.0400 0.2000 0.3300 0.1900 -0.0500 0.2400 0.3580 0.4337 0.4432 0.4494
Dividend per Share 2 0.2400 0.2400 0.2700 0.2700 0.2700 - 0.2800 0.2800 - - 0.2817 0.2817 0.2817 0.2817 0.3080
Announcement Date 26/10/21 26/01/22 26/04/22 26/07/22 25/10/22 31/01/23 25/04/23 25/07/23 24/10/23 30/01/24 30/04/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 5,306 5,324 4,896 5,240 5,747 5,837 5,731 5,220
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.574 x 1.7 x 1.284 x 1.329 x 1.647 x 1.501 x 1.332 x 1.109 x
Free Cash Flow 1 53 948 1,800 1,011 880 1,099 1,338 2,059
ROE (net income / shareholders' equity) 11.8% 9.46% 14.9% 14.7% 12.4% 13.3% 15% 15.3%
ROA (Net income/ Total Assets) 5.6% 4.15% 6.26% 6.02% 5.04% 3.98% 5.56% 5.93%
Assets 1 17,157 12,349 30,459 21,859 11,517 34,854 31,517 30,652
Book Value Per Share 2 16.90 17.30 14.90 14.60 13.60 13.50 14.00 14.50
Cash Flow per Share 2 2.260 2.820 4.040 3.050 2.360 2.580 3.380 3.930
Capex 1 1,978 1,377 1,637 1,604 1,390 1,158 1,315 1,424
Capex / Sales 16.97% 12.02% 11.59% 10.83% 10.24% 8.32% 9% 9.43%
Announcement Date 29/01/20 27/01/21 26/01/22 31/01/23 30/01/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Corning Incorporated

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
33.48 USD
Average target price
35.67 USD
Spread / Average Target
+6.53%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Display Screens

1st Jan change Capi.
CORNING INCORPORATED Stock Corning Incorporated
+10.25% 27.42B
TCL TECHNOLOGY GROUP CORPORATION Stock TCL Technology Group Corporation
+11.16% 12.11B
E INK HOLDINGS INC. Stock E Ink Holdings Inc.
+6.60% 7.37B
AUO CORPORATION Stock AUO Corporation
+0.83% 4.31B
EVERDISPLAY OPTRONICS (SHANGHAI) CO., LTD. Stock Everdisplay Optronics (Shanghai) Co., Ltd.
-8.23% 4.27B
CAIHONG DISPLAY DEVICES CO.,LTD. Stock Caihong Display Devices Co.,Ltd.
+20.00% 4.01B
INNOLUX CORPORATION Stock Innolux Corporation
-0.35% 3.97B
LG DISPLAY CO., LTD. Stock LG Display Co., Ltd.
-17.27% 3.81B
TIANMA MICROELECTRONICS CO., LTD. Stock Tianma Microelectronics Co., Ltd.
-23.66% 2.76B
WUHU TOKEN SCIENCES CO., LTD. Stock Wuhu Token Sciences Co., Ltd.
-22.72% 1.75B
Display Screens
  1. Stock Market
  2. Equities
  3. GLW Stock
  4. Financials Corning Incorporated