Corning Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Corning Incorporated
GLW Stock  USD 88.86  0.14  0.16%   
Corning Incorporated's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Corning Incorporated's valuation are provided below:
Gross Profit
5.4 B
Profit Margin
0.0916
Market Capitalization
76.3 B
Enterprise Value Revenue
5.6541
Revenue
14.9 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 791.6 M, 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 2.31, Dividend Yield of 0.0231 or PTB Ratio of 3.43. Corning financial statements analysis is a perfect complement when working with Corning Incorporated Valuation or Volatility modules.
  
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Corning Incorporated Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets17.4 B27.7 B26.4 B
Pretty Stable
Short and Long Term Debt Total8.5 B8.1 B5.6 B
Slightly volatile
Other Current Liabilities2.8 B2.7 B1.6 B
Slightly volatile
Total Current Liabilities5.2 B4.9 B3.3 B
Slightly volatile
Total Stockholder Equity9.6 B10.7 B14.7 B
Slightly volatile
Property Plant And Equipment Net7.7 B14.2 B12.5 B
Slightly volatile
Retained Earnings16.7 B15.9 B13.9 B
Slightly volatile
Cash1.9 B1.8 B3.2 B
Slightly volatile
Non Current Assets Total12.3 B19.7 B18.7 B
Slightly volatile
Non Currrent Assets Other1 B949 M931.1 M
Slightly volatile
Cash And Short Term Investments2.3 B1.8 B3.4 B
Slightly volatile
Net Receivables1.1 B2.1 B1.5 B
Slightly volatile
Common Stock Shares Outstanding1.1 B869 M1.1 B
Slightly volatile
Liabilities And Stockholders Equity17.4 B27.7 B26.4 B
Pretty Stable
Non Current Liabilities Total12.3 B11.7 B8.9 B
Slightly volatile
Inventory2.9 B2.7 B1.9 B
Slightly volatile
Other Current Assets1.5 B1.4 B999 M
Slightly volatile
Total Liabilities17.5 B16.7 B12.2 B
Slightly volatile
Total Current Assets5.1 B8 B7.6 B
Very volatile
Short Term Debt442.1 M421 M219.6 M
Slightly volatile
Intangible Assets980.6 M752 M800.4 M
Slightly volatile
Accounts Payable829.4 M1.5 B1.2 B
Slightly volatile
Good Will1.7 B2.4 B1.7 B
Slightly volatile
Common Stock Total Equity1.2 B819 M890.4 M
Slightly volatile
Property Plant And Equipment Gross30.1 B28.6 B16.7 B
Slightly volatile
Common Stock981.8 M921 M881 M
Slightly volatile
Other Liabilities2.9 B5.3 B3.6 B
Slightly volatile
Other Assets2.4 B3.3 B2.7 B
Slightly volatile
Long Term Debt4.5 B6.9 B5.1 B
Slightly volatile
Property Plant Equipment11 B13.4 B12.7 B
Slightly volatile
Current Deferred Revenue414.3 M317 M525.4 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 Total5.4 B6.9 B5.1 B
Slightly volatile
Capital Surpluse15.8 B17.3 B14.6 B
Slightly volatile
Long Term Investments374.3 M394 M1.7 B
Slightly volatile
Non Current Liabilities Other1.1 B1.2 B3.2 B
Very volatile
Deferred Long Term Asset Charges1.9 B1.9 B2.1 B
Slightly volatile
Short and Long Term Debt186 M326 M136.9 M
Slightly volatile
Cash And Equivalents2.2 B1.8 B3.6 B
Slightly volatile
Net Invested Capital20.4 B17.9 B18.7 B
Slightly volatile
Net Working Capital2.9 B3.1 B4.4 B
Slightly volatile
Capital Stock1.5 B921 M2.5 B
Slightly volatile
Capital Lease Obligations939.8 M880 M667.1 M
Slightly volatile

Corning Incorporated Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization791.6 M1.4 B1.2 B
Slightly volatile
Total Revenue7.1 B13.1 B9.9 B
Slightly volatile
Gross Profit2.7 B4.3 B3.7 B
Slightly volatile
Other Operating Expenses6.4 B12 B8.6 B
Slightly volatile
Operating Income649.4 M1.1 B1.3 B
Very volatile
EBIT1.3 B1.1 B2 B
Slightly volatile
EBITDA2 B2.5 B3 B
Pretty Stable
Cost Of Revenue9.3 B8.8 B6.6 B
Slightly volatile
Total Operating Expenses2.1 B3.1 B2.4 B
Slightly volatile
Income Before Tax903.2 M813 M1.8 B
Slightly volatile
Selling General Administrative1.3 B1.9 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 Income42.2 M47 M118.4 M
Slightly volatile
Reconciled Depreciation1.5 B1.4 B1.3 B
Slightly volatile
Preferred Stock And Other Adjustments661.6 M744.3 M811.5 M
Slightly volatile

Corning Incorporated Cash Flow Statement

Trends
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

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.313.092.4524
Very volatile
Dividend Yield0.02310.02430.0262
Slightly volatile
PTB Ratio3.433.79321.9472
Slightly volatile
Days Sales Outstanding65.3657.123457.2186
Very volatile
Book Value Per Share6.8212.977714.0505
Very volatile
Free Cash Flow Yield0.01420.0240.0412
Slightly volatile
Operating Cash Flow Per Share1.32.27322.4442
Slightly volatile
Stock Based Compensation To Revenue0.01270.02080.0107
Slightly volatile
Capex To Depreciation0.680.71481.2651
Slightly volatile
PB Ratio3.433.79321.9472
Slightly volatile
EV To Sales2.483.5722.6143
Slightly volatile
Free Cash Flow Per Share1.21.14191.0391
Pretty Stable
Inventory Turnover4.973.2463.8201
Slightly volatile
Days Of Inventory On Hand67.8411297.3171
Slightly volatile
Payables Turnover6.916.00685.7537
Very volatile
Research And Ddevelopement To Revenue0.09870.0830.084
Slightly volatile
Capex To Revenue0.140.07360.149
Slightly volatile
Cash Per Share1.512.07273.0941
Slightly volatile
POCF Ratio16.720.904910.8889
Slightly volatile
Interest Coverage3.283.44987.9335
Slightly volatile
Capex To Operating Cash Flow0.850.49770.63
Pretty Stable
PFCF Ratio43.741.616667.3596
Very volatile
Days Payables Outstanding50.560.764565.3785
Very volatile
EV To Operating Cash Flow18.1924.165811.9851
Slightly volatile
EV To Free Cash Flow50.5148.108478.7491
Pretty Stable
Intangibles To Total Assets0.110.11230.0857
Slightly volatile
Current Ratio1.821.62472.7413
Slightly volatile
Tangible Book Value Per Share5.529.325911.5225
Pretty Stable
Receivables Turnover5.116.38976.4405
Very volatile
Graham Number11.3812.930819.737
Very volatile
Shareholders Equity Per Share6.6412.527513.903
Very volatile
Debt To Equity0.540.75720.4199
Slightly volatile
Capex Per Share0.91.13131.4551
Slightly volatile
Revenue Per Share16.1515.378711.0246
Slightly volatile
Interest Debt Per Share10.369.8716.4152
Slightly volatile
Debt To Assets0.230.29170.2013
Slightly volatile
Enterprise Value Over EBITDA19.7418.80329.9712
Slightly volatile
Short Term Coverage Ratios5.655.9479144
Very volatile
Operating Cycle115170153
Pretty Stable
Price Book Value Ratio3.433.79321.9472
Slightly volatile
Days Of Payables Outstanding50.560.764565.3785
Very volatile
Price To Operating Cash Flows Ratio16.720.904910.8889
Slightly volatile
Price To Free Cash Flows Ratio43.741.616667.3596
Very volatile
Pretax Profit Margin0.07860.0620.1826
Slightly volatile
Ebt Per Ebit0.940.71631.3038
Slightly volatile
Operating Profit Margin0.05820.08650.1275
Slightly volatile
Company Equity Multiplier2.332.59551.926
Slightly volatile
Long Term Debt To Capitalization0.310.39180.2582
Slightly volatile
Total Debt To Capitalization0.330.43090.276
Slightly volatile
Return On Capital Employed0.05870.04970.057
Slightly volatile
Debt Equity Ratio0.540.75720.4199
Slightly volatile
Ebit Per Revenue0.05820.08650.1275
Slightly volatile
Quick Ratio1.451.07092.185
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.830.99381.2214
Slightly volatile
Cash Ratio0.620.35941.1982
Slightly volatile
Cash Conversion Cycle96.1510992.5287
Pretty Stable
Operating Cash Flow Sales Ratio0.180.14780.257
Slightly volatile
Days Of Inventory Outstanding67.8411297.3171
Slightly volatile
Days Of Sales Outstanding65.3657.123457.2186
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.530.50230.3938
Very volatile
Cash Flow Coverage Ratios0.230.23960.5767
Slightly volatile
Price To Book Ratio3.433.79321.9472
Slightly volatile
Fixed Asset Turnover1.460.92670.9218
Pretty Stable
Capital Expenditure Coverage Ratio1.182.00931.8269
Pretty Stable
Price Cash Flow Ratio16.720.904910.8889
Slightly volatile
Enterprise Value Multiple19.7418.80329.9712
Slightly volatile
Debt Ratio0.230.29170.2013
Slightly volatile
Cash Flow To Debt Ratio0.230.23960.5767
Slightly volatile
Price Sales Ratio2.313.092.4524
Very volatile
Asset Turnover0.580.4730.4142
Pretty Stable
Gross Profit Margin0.430.3260.3832
Slightly volatile
Price Fair Value3.433.79321.9472
Slightly volatile

Corning Incorporated Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap29.1 B27.7 B28.8 B
Slightly volatile
Enterprise Value27.8 B26.5 B27.5 B
Slightly volatile

Corning Fundamental Market Drivers

Forward Price Earnings29.7619
Cash And Short Term Investments1.8 B

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 Revenue317 M414.3 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 15.38  16.15 
Ebit Per Revenue 0.09  0.06 

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