Corning Incorporated (GLW) Stock

About Corning Incorporated

Corning Incorporated is led by CEO Wendell Weeks, employs 56,300 people, headquartered in Corning, US, publicly traded since 1981.

Corning Incorporated (GLW) stock trades at $156.15 with a market capitalization of $134.51B. The stock is valued at a price-to-earnings (P/E) ratio of 71.83, price-to-book of 10.87, price-to-sales of 8.06. Over the past 52 weeks the stock has ranged between $77.39 and $271.78, and currently trades 42.5% below its 52-week high. It pays a dividend yielding 0.71%.

On profitability, Corning Incorporated generates a return on equity (ROE) of 15.93%, above the typical market average, return on capital employed of 9.74%, an operating margin of 14.91%, a net profit margin of 11.20%.

In its most recent fiscal year, Corning Incorporated reported annual revenue of $15.6B, net profit of $1.6B, revenue has compounded at 6.7% a year over the last five years, profit at 25.5% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.75, a current ratio of 1.59, total assets of $31.0B, $1.5B in cash and equivalents.

GLW has an average daily trading volume of 12,143,527 shares, a beta of 1.15.