CORNING INC (GLW) Stock Fundamental Analysis

NYSE:GLW • US2193501051

129.99 USD
-2.02 (-1.53%)
At close: Feb 19, 2026
129.99 USD
0 (0%)
After Hours: 2/19/2026, 6:04:17 PM
Fundamental Rating

6

Overall GLW gets a fundamental rating of 6 out of 10. We evaluated GLW against 122 industry peers in the Electronic Equipment, Instruments & Components industry. GLW has an excellent profitability rating, but there are some minor concerns on its financial health. GLW shows excellent growth, but is valued quite expensive already.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • GLW had positive earnings in the past year.
  • GLW had a positive operating cash flow in the past year.
  • GLW had positive earnings in each of the past 5 years.
  • Each year in the past 5 years GLW had a positive operating cash flow.
GLW Yearly Net Income VS EBIT VS OCF VS FCFGLW Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

1.2 Ratios

  • GLW has a better Return On Assets (5.15%) than 71.31% of its industry peers.
  • GLW's Return On Equity of 13.52% is amongst the best of the industry. GLW outperforms 81.15% of its industry peers.
  • The Return On Invested Capital of GLW (7.09%) is better than 69.67% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for GLW is below the industry average of 8.80%.
  • The last Return On Invested Capital (7.09%) for GLW is above the 3 year average (4.64%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.15%
ROE 13.52%
ROIC 7.09%
ROA(3y)3.01%
ROA(5y)3.41%
ROE(3y)7.76%
ROE(5y)8.6%
ROIC(3y)4.64%
ROIC(5y)5.03%
GLW Yearly ROA, ROE, ROICGLW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15 20

1.3 Margins

  • With an excellent Profit Margin value of 10.21%, GLW belongs to the best of the industry, outperforming 85.25% of the companies in the same industry.
  • In the last couple of years the Profit Margin of GLW has grown nicely.
  • With an excellent Operating Margin value of 14.58%, GLW belongs to the best of the industry, outperforming 86.89% of the companies in the same industry.
  • GLW's Operating Margin has improved in the last couple of years.
  • GLW's Gross Margin of 35.97% is in line compared to the rest of the industry. GLW outperforms 57.38% of its industry peers.
  • GLW's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 14.58%
PM (TTM) 10.21%
GM 35.97%
OM growth 3Y12.89%
OM growth 5Y26.49%
PM growth 3Y3.26%
PM growth 5Y22.76%
GM growth 3Y4.24%
GM growth 5Y2.86%
GLW Yearly Profit, Operating, Gross MarginsGLW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GLW is destroying value.
  • The number of shares outstanding for GLW has been reduced compared to 1 year ago.
  • Compared to 5 years ago, GLW has more shares outstanding
  • GLW has a worse debt/assets ratio than last year.
GLW Yearly Shares OutstandingGLW Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M
GLW Yearly Total Debt VS Total AssetsGLW Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

  • An Altman-Z score of 4.96 indicates that GLW is not in any danger for bankruptcy at the moment.
  • GLW has a Altman-Z score of 4.96. This is in the better half of the industry: GLW outperforms 70.49% of its industry peers.
  • GLW has a debt to FCF ratio of 5.97. This is a neutral value as GLW would need 5.97 years to pay back of all of its debts.
  • GLW has a Debt to FCF ratio (5.97) which is comparable to the rest of the industry.
  • GLW has a Debt/Equity ratio of 0.65. This is a neutral value indicating GLW is somewhat dependend on debt financing.
  • The Debt to Equity ratio of GLW (0.65) is worse than 78.69% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF 5.97
Altman-Z 4.96
ROIC/WACC0.75
WACC9.41%
GLW Yearly LT Debt VS Equity VS FCFGLW Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 1.59 indicates that GLW should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.59, GLW is doing worse than 72.13% of the companies in the same industry.
  • A Quick Ratio of 1.04 indicates that GLW should not have too much problems paying its short term obligations.
  • GLW has a Quick ratio of 1.04. This is in the lower half of the industry: GLW underperforms 76.23% of its industry peers.
Industry RankSector Rank
Current Ratio 1.59
Quick Ratio 1.04
GLW Yearly Current Assets VS Current LiabilitesGLW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

7

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 29.08% over the past year.
  • The Earnings Per Share has been growing by 12.56% on average over the past years. This is quite good.
  • GLW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.14%.
  • The Revenue has been growing slightly by 6.70% on average over the past years.
EPS 1Y (TTM)29.08%
EPS 3Y6.58%
EPS 5Y12.56%
EPS Q2Q%26.32%
Revenue 1Y (TTM)19.14%
Revenue growth 3Y3.27%
Revenue growth 5Y6.7%
Sales Q2Q%13.89%

3.2 Future

  • GLW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.85% yearly.
  • The Revenue is expected to grow by 11.79% on average over the next years. This is quite good.
EPS Next Y22.43%
EPS Next 2Y22.37%
EPS Next 3Y21.09%
EPS Next 5Y22.85%
Revenue Next Year13.3%
Revenue Next 2Y12.4%
Revenue Next 3Y11.79%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
GLW Yearly Revenue VS EstimatesGLW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5B 10B 15B 20B
GLW Yearly EPS VS EstimatesGLW Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

3

4. Valuation

4.1 Price/Earnings Ratio

  • GLW is valuated quite expensively with a Price/Earnings ratio of 51.38.
  • The rest of the industry has a similar Price/Earnings ratio as GLW.
  • GLW is valuated expensively when we compare the Price/Earnings ratio to 27.09, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 41.97 indicates a quite expensive valuation of GLW.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of GLW is on the same level as its industry peers.
  • GLW's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.98.
Industry RankSector Rank
PE 51.38
Fwd PE 41.97
GLW Price Earnings VS Forward Price EarningsGLW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GLW is on the same level as its industry peers.
  • GLW's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 74.33
EV/EBITDA 31.32
GLW Per share dataGLW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GLW does not grow enough to justify the current Price/Earnings ratio.
  • The excellent profitability rating of GLW may justify a higher PE ratio.
  • GLW's earnings are expected to grow with 21.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.29
PEG (5Y)4.09
EPS Next 2Y22.37%
EPS Next 3Y21.09%

5

5. Dividend

5.1 Amount

  • GLW has a yearly dividend return of 0.85%, which is pretty low.
  • GLW's Dividend Yield is rather good when compared to the industry average which is at 0.49. GLW pays more dividend than 85.25% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.85, GLW's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.85%

5.2 History

  • The dividend of GLW has a limited annual growth rate of 3.64%.
  • GLW has been paying a dividend for at least 10 years, so it has a reliable track record.
  • GLW has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.64%
Div Incr Years0
Div Non Decr Years17
GLW Yearly Dividends per shareGLW Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • GLW pays out 62.59% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of GLW is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.59%
EPS Next 2Y22.37%
EPS Next 3Y21.09%
GLW Yearly Income VS Free CF VS DividendGLW Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B
GLW Dividend Payout.GLW Dividend Payout, showing the Payout Ratio.GLW Dividend Payout.PayoutRetained Earnings

CORNING INC

NYSE:GLW (2/19/2026, 6:04:17 PM)

After market: 129.99 0 (0%)

129.99

-2.02 (-1.53%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-03
Earnings (Next)04-27
Inst Owners75.9%
Inst Owner Change0.47%
Ins Owners0.16%
Ins Owner Change-0.48%
Market Cap105.03B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts81
Price Target113.92 (-12.36%)
Short Float %1.82%
Short Ratio1.7
Dividend
Industry RankSector Rank
Dividend Yield 0.85%
Yearly Dividend1.23
Dividend Growth(5Y)3.64%
DP62.59%
Div Incr Years0
Div Non Decr Years17
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.51%
Min EPS beat(2)-0.04%
Max EPS beat(2)1.06%
EPS beat(4)3
Avg EPS beat(4)2.75%
Min EPS beat(4)-0.04%
Max EPS beat(4)5.64%
EPS beat(8)7
Avg EPS beat(8)2.65%
EPS beat(12)8
Avg EPS beat(12)1.37%
EPS beat(16)10
Avg EPS beat(16)1.76%
Revenue beat(2)2
Avg Revenue beat(2)0.22%
Min Revenue beat(2)0.07%
Max Revenue beat(2)0.36%
Revenue beat(4)3
Avg Revenue beat(4)1.07%
Min Revenue beat(4)-0.03%
Max Revenue beat(4)3.88%
Revenue beat(8)6
Avg Revenue beat(8)1.24%
Revenue beat(12)6
Avg Revenue beat(12)0.03%
Revenue beat(16)7
Avg Revenue beat(16)-0.82%
PT rev (1m)17.46%
PT rev (3m)42.69%
EPS NQ rev (1m)3.18%
EPS NQ rev (3m)3.65%
EPS NY rev (1m)0.14%
EPS NY rev (3m)0.61%
Revenue NQ rev (1m)0.37%
Revenue NQ rev (3m)0.59%
Revenue NY rev (1m)1.25%
Revenue NY rev (3m)1.75%
Valuation
Industry RankSector Rank
PE 51.38
Fwd PE 41.97
P/S 6.72
P/FCF 74.33
P/OCF 38.97
P/B 8.9
P/tB 12.13
EV/EBITDA 31.32
EPS(TTM)2.53
EY1.95%
EPS(NY)3.1
Fwd EY2.38%
FCF(TTM)1.75
FCFY1.35%
OCF(TTM)3.34
OCFY2.57%
SpS19.34
BVpS14.61
TBVpS10.72
PEG (NY)2.29
PEG (5Y)4.09
Graham Number28.84
Profitability
Industry RankSector Rank
ROA 5.15%
ROE 13.52%
ROCE 8.99%
ROIC 7.09%
ROICexc 7.54%
ROICexgc 8.69%
OM 14.58%
PM (TTM) 10.21%
GM 35.97%
FCFM 9.04%
ROA(3y)3.01%
ROA(5y)3.41%
ROE(3y)7.76%
ROE(5y)8.6%
ROIC(3y)4.64%
ROIC(5y)5.03%
ROICexc(3y)4.98%
ROICexc(5y)5.42%
ROICexgc(3y)5.78%
ROICexgc(5y)6.35%
ROCE(3y)5.88%
ROCE(5y)6.38%
ROICexgc growth 3Y13.81%
ROICexgc growth 5Y34.82%
ROICexc growth 3Y14.65%
ROICexc growth 5Y35.54%
OM growth 3Y12.89%
OM growth 5Y26.49%
PM growth 3Y3.26%
PM growth 5Y22.76%
GM growth 3Y4.24%
GM growth 5Y2.86%
F-Score8
Asset Turnover0.5
Health
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF 5.97
Debt/EBITDA 2.1
Cap/Depr 95.17%
Cap/Sales 8.2%
Interest Coverage 250
Cash Conversion 74.32%
Profit Quality 88.53%
Current Ratio 1.59
Quick Ratio 1.04
Altman-Z 4.96
F-Score8
WACC9.41%
ROIC/WACC0.75
Cap/Depr(3y)89.4%
Cap/Depr(5y)97.84%
Cap/Sales(3y)8.87%
Cap/Sales(5y)9.91%
Profit Quality(3y)128.96%
Profit Quality(5y)125.64%
High Growth Momentum
Growth
EPS 1Y (TTM)29.08%
EPS 3Y6.58%
EPS 5Y12.56%
EPS Q2Q%26.32%
EPS Next Y22.43%
EPS Next 2Y22.37%
EPS Next 3Y21.09%
EPS Next 5Y22.85%
Revenue 1Y (TTM)19.14%
Revenue growth 3Y3.27%
Revenue growth 5Y6.7%
Sales Q2Q%13.89%
Revenue Next Year13.3%
Revenue Next 2Y12.4%
Revenue Next 3Y11.79%
Revenue Next 5YN/A
EBIT growth 1Y100.79%
EBIT growth 3Y16.59%
EBIT growth 5Y34.96%
EBIT Next Year66.83%
EBIT Next 3Y33.94%
EBIT Next 5Y29.33%
FCF growth 1Y45.07%
FCF growth 3Y11.81%
FCF growth 5Y11.97%
OCF growth 1Y38.99%
OCF growth 3Y1.01%
OCF growth 5Y4.33%

CORNING INC / GLW FAQ

What is the ChartMill fundamental rating of CORNING INC (GLW) stock?

ChartMill assigns a fundamental rating of 6 / 10 to GLW.


What is the valuation status of CORNING INC (GLW) stock?

ChartMill assigns a valuation rating of 3 / 10 to CORNING INC (GLW). This can be considered as Overvalued.


How profitable is CORNING INC (GLW) stock?

CORNING INC (GLW) has a profitability rating of 8 / 10.


Can you provide the expected EPS growth for GLW stock?

The Earnings per Share (EPS) of CORNING INC (GLW) is expected to grow by 22.43% in the next year.


Can you provide the dividend sustainability for GLW stock?

The dividend rating of CORNING INC (GLW) is 5 / 10 and the dividend payout ratio is 62.59%.