Corning Incorporated
GLWTechnologyNASDAQElectronic Components
Scan Results
Daily timeframeCorning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South. The $150.10B market capitalization puts GLW squarely in large-cap range for its industry. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals.
Market Cap
$150.10B
Beta
1.09
P/E (TTM)
89.90
P/E (Fwd)
40.66
EPS (TTM)
$1.94
EPS (Fwd)
$4.29
ROE
16.7%
ROA
5.4%
Cash
$1.76B
Total Debt
$9.92B
Free CF
$612.0M
52W Change
229.3%
Annual Financials
Cash vs Debt
Corning Incorporated carries $9.92B in total debt against $1.76B in cash reserves — debt is roughly 5.7x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $612.0M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 16.7% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 5.4% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $14.19B to $15.63B.
The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Corning Incorporated and its sector.