CORNING INC (GLW) Stock Fundamental Analysis
NYSE:GLW • US2193501051
139.51 USD
+9.52 (+7.32%)
At close: Feb 20, 2026
140.495 USD
+0.99 (+0.71%)
After Hours: 2/20/2026, 8:04:00 PM
Taking everything into account, GLW scores 6 out of 10 in our fundamental rating. GLW was compared to 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.
1. Profitability
1.1 Basic Checks
- In the past year GLW was profitable.
- GLW had a positive operating cash flow in the past year.
- GLW had positive earnings in each of the past 5 years.
- In the past 5 years GLW always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of GLW (5.15%) is better than 71.31% of its industry peers.
- With an excellent Return On Equity value of 13.52%, GLW belongs to the best of the industry, outperforming 81.15% of the companies in the same industry.
- GLW has a better Return On Invested Capital (7.09%) than 69.67% of its industry peers.
- GLW had an Average Return On Invested Capital over the past 3 years of 4.64%. This 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 Rank | Sector 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%
1.3 Margins
- The Profit Margin of GLW (10.21%) is better than 85.25% of its industry peers.
- In the last couple of years the Profit Margin of GLW has grown nicely.
- Looking at the Operating Margin, with a value of 14.58%, GLW belongs to the top of the industry, outperforming 86.89% of the companies in the same industry.
- In the last couple of years the Operating Margin of GLW has grown nicely.
- GLW has a Gross Margin (35.97%) which is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of GLW has grown nicely.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GLW is destroying value.
- GLW has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for GLW has been increased compared to 5 years ago.
- GLW has a worse debt/assets ratio than last year.
2.2 Solvency
- GLW has an Altman-Z score of 4.91. This indicates that GLW is financially healthy and has little risk of bankruptcy at the moment.
- GLW has a Altman-Z score of 4.91. This is in the better half of the industry: GLW outperforms 68.85% of its industry peers.
- The Debt to FCF ratio of GLW is 5.97, which is a neutral value as it means it would take GLW, 5.97 years of fcf income to pay off all of its debts.
- With a Debt to FCF ratio value of 5.97, GLW perfoms like the industry average, outperforming 59.02% of the companies in the same industry.
- A Debt/Equity ratio of 0.65 indicates that GLW is somewhat dependend on debt financing.
- GLW has a Debt to Equity ratio of 0.65. This is in the lower half of the industry: GLW underperforms 78.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.97 | ||
| Altman-Z | 4.91 |
ROIC/WACC0.75
WACC9.4%
2.3 Liquidity
- A Current Ratio of 1.59 indicates that GLW should not have too much problems paying its short term obligations.
- GLW has a worse Current ratio (1.59) than 72.13% of its industry peers.
- GLW has a Quick Ratio of 1.04. This is a normal value and indicates that GLW is financially healthy and should not expect problems in meeting its short term obligations.
- GLW's Quick ratio of 1.04 is on the low side compared to the rest of the industry. GLW is outperformed by 76.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 29.08% over the past year.
- Measured over the past years, GLW shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.56% on average per year.
- The Revenue has grown by 19.14% in the past year. This is quite good.
- GLW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.70% yearly.
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
- Based on estimates for the next years, GLW will show a very strong growth in Earnings Per Share. The EPS will grow by 22.85% on average per year.
- Based on estimates for the next years, GLW will show a quite strong growth in Revenue. The Revenue will grow by 11.79% on average per year.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 55.14 indicates a quite expensive valuation of GLW.
- GLW's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 26.99, GLW is valued quite expensively.
- GLW is valuated quite expensively with a Price/Forward Earnings ratio of 45.04.
- GLW's Price/Forward Earnings is on the same level as the industry average.
- GLW's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.06.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.14 | ||
| Fwd PE | 45.04 |
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.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of GLW is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 79.78 | ||
| EV/EBITDA | 30.87 |
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)2.46
PEG (5Y)4.39
EPS Next 2Y22.37%
EPS Next 3Y21.09%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.85%, GLW is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 0.49, GLW pays a better dividend. On top of this GLW pays more dividend than 85.25% of the companies listed in the same industry.
- With a Dividend Yield of 0.85, GLW pays less dividend than the S&P500 average, which is at 1.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.85% |
5.2 History
- The dividend of GLW has a limited annual growth rate of 3.64%.
- GLW has paid a dividend for at least 10 years, which is 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
5.3 Sustainability
- 62.59% of the earnings are spent on dividend by GLW. This is not a sustainable payout ratio.
- GLW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.59%
EPS Next 2Y22.37%
EPS Next 3Y21.09%
139.51
+9.52 (+7.32%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-03 2026-02-03/amc
Earnings (Next)04-27 2026-04-27/bmo
Inst Owners75.9%
Inst Owner Change0.47%
Ins Owners0.16%
Ins Owner Change-0.48%
Market Cap112.72B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts81
Price Target113.92 (-18.34%)
Short Float %1.82%
Short Ratio1.7
Dividend
| Industry Rank | Sector 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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.14 | ||
| Fwd PE | 45.04 | ||
| P/S | 7.21 | ||
| P/FCF | 79.78 | ||
| P/OCF | 41.83 | ||
| P/B | 9.55 | ||
| P/tB | 13.02 | ||
| EV/EBITDA | 30.87 |
EPS(TTM)2.53
EY1.81%
EPS(NY)3.1
Fwd EY2.22%
FCF(TTM)1.75
FCFY1.25%
OCF(TTM)3.34
OCFY2.39%
SpS19.34
BVpS14.61
TBVpS10.72
PEG (NY)2.46
PEG (5Y)4.39
Graham Number28.84
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 4.91 |
F-Score8
WACC9.4%
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%.