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GLW · NYSE

Corning Incorporated

Electronic Components · United States

USD 165.02-2.4% daily changeQuote 2026-10-07 · USD
Market cap (USD)
US$142.15B
Trailing P/E
75.70x
Forward P/E
37.78x
Quarterly revenue growth
16.6%
Trailing net margin
11.2%
Indicated dividend yield
0.7%

Snapshot 2026-10-07 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-10-27 (provider estimate, not issuer-confirmed).

Company background

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.

Company website

Q2 2026

Go beyond the headline.

Corning (GLW): A Genuine Beat That Fell 15% — Is the AI Optical Sell-Off a Gift?

Published 2026-07-29

Comparable businesses

GLW peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

No suitable peers with fresh, comparable size data are available. We have not substituted unrelated companies.

Market metrics · missing or inapplicable values shown as —
MetricGLWCorning IncorporatedSnapshot 2026-10-07Financial period: 2026-06-30
Market capMarket value, converted to USDUS$142.15B
Forward P/EProvider forward earnings estimate37.78x
EV / EBITDAEnterprise value / trailing EBITDA37.45x
Revenue growthLatest quarter vs prior-year quarter16.6%
Operating marginLatest reported quarter15.6%
Free cash flow yieldTrailing cash flow / market cap0.5%
Net debt / EBITDANet debt / trailing EBITDA1.68x
Debt / equityTotal debt / positive book equity0.71x
Trailing P/ETrailing twelve-month earnings75.70x
Price / bookPrice / positive book equity per share11.90x
EV / salesEnterprise value / trailing revenue9.02x
Earnings growthLatest quarter vs prior-year quarter18.5%
Gross marginTrailing twelve months36.4%
Net marginTrailing twelve months11.2%
Return on equityProvider trailing return; positive equity only16.8%
Free cash flow marginTrailing free cash flow / revenue4.3%
Dividend yieldIndicated annual dividend / price0.7%
Earnings payoutProvider trailing dividend payout51.4%
Current ratioCurrent assets / current liabilities1.81x
BetaProvider historical market sensitivity1.12

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

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Market context

Valuation & price history

Adjusted closing price

Price history

Price history loads separately.

Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-10-07. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for GLW

All available reporting periods
Q2 20262026-07-29
Q1 20262026-04-29
Q4 20252026-04-15

GLW Stock: $4.4B Revenue — Q4 2025 Earnings Analysis

Presentation · 2026-04-15 · YouTube

GLW Stock: $4.4B Revenue — Q4 2025 Earnings Analysis

Presentation · 2026-04-15 · YouTube

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.