Corning Financial Statements From 2010 to 2025

GLW Stock  USD 52.08  0.00  0.00%   
Corning Incorporated financial statements provide useful quarterly and yearly information to potential Corning Incorporated investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Corning Incorporated financial statements helps investors assess Corning Incorporated's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Corning Incorporated's valuation are summarized below:
Gross Profit
4.2 B
Profit Margin
0.0124
Market Capitalization
42.8 B
Enterprise Value Revenue
3.6616
Revenue
12.6 B
There are over one hundred nineteen available fundamental signals for Corning Incorporated, which can be analyzed over time and compared to other ratios. All traders should should validate Corning Incorporated's prevailing fundamental trends against the trends from 2010 to 2025 to make sure the company is sustainable. Market Cap is likely to climb to about 29.1 B in 2025. Enterprise Value is likely to climb to about 27.8 B in 2025

Corning Incorporated Total Revenue

7.07 Billion

Check Corning Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corning Incorporated's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 397.3 M or Total Revenue of 7.1 B, as well as many indicators such as Price To Sales Ratio of 2.61, Dividend Yield of 0.0231 or PTB Ratio of 4.2. Corning financial statements analysis is a perfect complement when working with Corning Incorporated Valuation or Volatility modules.
  
Check out the analysis of Corning Incorporated Correlation against competitors.
For more information on how to buy Corning Stock please use our How to Invest in Corning Incorporated guide.

Corning Incorporated Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets17.1 B32.8 B26.7 B
Slightly volatile
Short and Long Term Debt Total10.2 B9.8 B5.7 B
Slightly volatile
Other Current Liabilities2.8 B2.7 B1.5 B
Slightly volatile
Total Current Liabilities5.2 BB3.3 B
Slightly volatile
Total Stockholder Equity9.6 B13.3 B14.9 B
Slightly volatile
Property Plant And Equipment Net18.7 B17.8 B13.4 B
Slightly volatile
Retained Earnings19.8 B18.8 B14.3 B
Slightly volatile
Cash1.9 BB3.2 B
Slightly volatile
Non Current Assets Total25.7 B24.5 B19.9 B
Slightly volatile
Non Currrent Assets OtherB1.1 BB
Slightly volatile
Cash And Short Term Investments2.3 BB3.4 B
Slightly volatile
Net Receivables1.1 B1.8 B1.5 B
Slightly volatile
Common Stock Shares Outstanding1.2 B854 M1.1 B
Slightly volatile
Liabilities And Stockholders Equity17.1 B32.8 B26.7 B
Slightly volatile
Non Current Liabilities Total14.9 B14.2 B9.2 B
Slightly volatile
Inventory3.2 B3.1 B1.9 B
Slightly volatile
Other Current Assets1.4 B1.4 B892.6 M
Slightly volatile
Total Liabilities20.1 B19.1 B12.5 B
Slightly volatile
Total Current Assets5.1 B8.3 B7.7 B
Very volatile
Short Term Debt521.6 M496.8 M225.4 M
Slightly volatile
Intangible AssetsBB946 M
Slightly volatile
Accounts Payable1.8 B1.7 B1.2 B
Slightly volatile
Good Will1.7 B2.7 B1.7 B
Slightly volatile
Common Stock Total Equity1.2 B819 M890.4 M
Slightly volatile
Property Plant And Equipment Gross36.3 B34.6 B17.5 B
Slightly volatile
Common Stock982.3 M824.4 M875 M
Pretty Stable
Other Liabilities2.9 B5.3 B3.6 B
Slightly volatile
Other Assets2.3 B3.7 B2.7 B
Slightly volatile
Long Term Debt4.4 B8.3 B5.2 B
Slightly volatile
Property Plant Equipment10.6 B17.7 B13 B
Slightly volatile
Current Deferred Revenue433.7 M296.1 M532.5 M
Slightly volatile
Net Tangible Assets11.7 B7.7 B13.4 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity322.4 M307.1 M139.8 M
Slightly volatile
Retained Earnings Total Equity14.4 B19.3 B14.2 B
Slightly volatile
Long Term Debt TotalB7.7 B5.1 B
Slightly volatile
Capital Surpluse15.4 B19.2 B14.6 B
Slightly volatile
Long Term Investments354 M372.6 M1.7 B
Slightly volatile
Non Current Liabilities Other1.2 B1.3 B3.2 B
Very volatile
Deferred Long Term Asset Charges1.9 B1.9 B2.1 B
Slightly volatile
Short and Long Term Debt386.4 M368 M152 M
Slightly volatile
Cash And Equivalents2.4 B1.5 B3.6 B
Slightly volatile
Net Invested Capital20.5 B21.9 B18.9 B
Slightly volatile
Net Working Capital2.9 B2.6 B4.4 B
Slightly volatile
Capital Stock1.6 B824.4 M2.5 B
Slightly volatile
Capital Lease Obligations934.1 M1.1 B680.6 M
Slightly volatile

Corning Incorporated Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.7 B1.6 B1.2 B
Slightly volatile
Total Revenue7.1 B13.1 B9.9 B
Slightly volatile
Gross Profit2.8 B4.3 B3.7 B
Slightly volatile
Other Operating Expenses6.2 B11.9 B8.6 B
Slightly volatile
Operating Income624.9 M1.1 B1.3 B
Very volatile
EBIT1.5 BB1.8 B
Slightly volatile
EBITDA2.2 B1.1 B2.8 B
Slightly volatile
Cost Of Revenue9.3 B8.8 B6.6 B
Slightly volatile
Total Operating Expenses1.9 BB2.4 B
Slightly volatile
Income Before Tax895.6 M813 M1.8 B
Slightly volatile
Selling General Administrative1.2 B2.1 B1.5 B
Slightly volatile
Research Development720.2 M1.1 B849.6 M
Slightly volatile
Non Recurring62.3 M88.5 M92 M
Slightly volatile
Interest Income42.7 M34.2 M117.6 M
Slightly volatile
Reconciled Depreciation1.5 B1.6 B1.3 B
Slightly volatile
Preferred Stock And Other Adjustments661.6 M744.3 M811.5 M
Slightly volatile

Corning Incorporated Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow655.6 M974 M1.1 B
Pretty Stable
Begin Period Cash Flow2.1 B1.8 B3.4 B
Slightly volatile
Depreciation860.4 M1.4 B1.2 B
Slightly volatile
Dividends Paid936.7 M986 M686.2 M
Slightly volatile
Capital Expenditures1.2 B965 M1.5 B
Very volatile
Total Cash From Operating Activities1.9 B1.9 B2.5 B
Pretty Stable
End Period Cash Flow2.2 B1.8 B3.2 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.613.09362.456
Very volatile
Dividend Yield0.02310.02430.0264
Slightly volatile
PTB Ratio4.22.571.9279
Slightly volatile
Free Cash Flow Yield0.01420.0240.0406
Slightly volatile
Operating Cash Flow Per Share1.292.27052.4422
Slightly volatile
Stock Based Compensation To Revenue0.01270.02080.0107
Slightly volatile
Capex To Depreciation0.680.71481.2205
Slightly volatile
PB Ratio4.22.571.9279
Slightly volatile
Free Cash Flow Per Share1.21.14051.0348
Pretty Stable
Inventory Turnover5.073.733.9556
Slightly volatile
Payables Turnover7.076.795.9029
Pretty Stable
Research And Ddevelopement To Revenue0.09870.0830.084
Slightly volatile
Capex To Revenue0.140.07360.146
Slightly volatile
POCF Ratio19.1720.929411.3406
Slightly volatile
Capex To Operating Cash Flow0.850.49770.6363
Very volatile
PFCF Ratio43.7541.665488.2687
Pretty Stable
Intangibles To Total Assets0.10.130.1004
Pretty Stable
Current Ratio1.821.52.7231
Slightly volatile
Receivables Turnover5.117.216.4223
Pretty Stable
Debt To Equity0.520.840.4296
Slightly volatile
Capex Per Share0.881.131.4568
Slightly volatile
Revenue Per Share16.1315.360711.287
Slightly volatile
Debt To Assets0.230.340.2042
Slightly volatile
Days Sales Outstanding65.4352.4257.7471
Slightly volatile
Book Value Per Share6.6912.614.1634
Very volatile
EV To Sales2.772.332.5373
Slightly volatile
Days Of Inventory On Hand66.3510195.4147
Slightly volatile
Cash Per Share1.51.893.0931
Slightly volatile
Days Payables Outstanding50.1955.6364.7212
Very volatile
EV To Operating Cash Flow20.4618.6612.1799
Slightly volatile
EV To Free Cash Flow49.9847.6104
Pretty Stable
Tangible Book Value Per Share5.439.1111.5111
Pretty Stable
Graham Number10.513.0419.6048
Pretty Stable
Shareholders Equity Per Share6.5212.2613.9962
Very volatile
Interest Debt Per Share9.829.356.2923
Slightly volatile
Enterprise Value Over EBITDA8.2714.889.4628
Slightly volatile
Short Term Coverage Ratios5.365.64144
Very volatile
Price Book Value Ratio4.22.571.9279
Slightly volatile
Price To Operating Cash Flows Ratio19.1720.929411.3406
Slightly volatile
Price To Free Cash Flows Ratio43.7541.665488.2687
Pretty Stable
Pretax Profit Margin0.07720.0620.1853
Slightly volatile
Ebt Per Ebit1.020.71631.2985
Slightly volatile
Operating Profit Margin0.0510.08650.1315
Slightly volatile
Company Equity Multiplier2.312.841.9748
Slightly volatile
Long Term Debt To Capitalization0.310.440.2693
Slightly volatile
Total Debt To Capitalization0.330.490.2835
Slightly volatile
Return On Capital Employed0.05290.04230.0595
Slightly volatile
Debt Equity Ratio0.520.840.4296
Slightly volatile
Ebit Per Revenue0.0510.08650.1315
Slightly volatile
Quick Ratio1.460.952.1748
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.830.99381.2118
Slightly volatile
Cash Ratio0.630.371.1914
Slightly volatile
Operating Cash Flow Sales Ratio0.180.14780.2528
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.530.50230.3874
Very volatile
Cash Flow Coverage Ratios0.20.210.5605
Slightly volatile
Price To Book Ratio4.22.571.9279
Slightly volatile
Fixed Asset Turnover1.470.930.9355
Pretty Stable
Capital Expenditure Coverage Ratio1.182.00931.8193
Pretty Stable
Price Cash Flow Ratio19.1720.929411.3406
Slightly volatile
Debt Ratio0.230.340.2042
Slightly volatile
Cash Flow To Debt Ratio0.20.210.5605
Slightly volatile
Price Sales Ratio2.613.09362.456
Very volatile
Asset Turnover0.580.510.4141
Pretty Stable
Gross Profit Margin0.440.3260.385
Slightly volatile
Price Fair Value4.22.571.9279
Slightly volatile
Operating Cycle114142151
Pretty Stable
Days Of Payables Outstanding50.1955.6364.7212
Very volatile
Cash Conversion Cycle94.7311190.0524
Slightly volatile
Days Of Inventory Outstanding66.3510195.4147
Slightly volatile
Days Of Sales Outstanding65.4352.4257.7471
Slightly volatile
Enterprise Value Multiple8.2714.889.4628
Slightly volatile

Corning Incorporated Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap29.1 B27.7 B29 B
Slightly volatile
Enterprise Value27.8 B26.5 B27.7 B
Slightly volatile

Corning Fundamental Market Drivers

Forward Price Earnings21.5983

Corning Upcoming Events

30th of January 2024
Upcoming Quarterly Report
View
23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Corning Incorporated Financial Statements

Corning Incorporated investors use historical fundamental indicators, such as Corning Incorporated's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Corning Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue296.1 M433.7 M
Total Revenue13.1 B7.1 B
Cost Of Revenue8.8 B9.3 B
Stock Based Compensation To Revenue 0.02  0.01 
Research And Ddevelopement To Revenue 0.08  0.10 
Capex To Revenue 0.07  0.14 
Revenue Per Share 15.36  16.13 
Ebit Per Revenue 0.09  0.05 

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When running Corning Incorporated's price analysis, check to measure Corning Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corning Incorporated is operating at the current time. Most of Corning Incorporated's value examination focuses on studying past and present price action to predict the probability of Corning Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corning Incorporated's price. Additionally, you may evaluate how the addition of Corning Incorporated to your portfolios can decrease your overall portfolio volatility.