Corning (GLW) stock
Information Technology · Electronic Components
Corning (GLW) is an Electronic Components company in the Information Technology sector, headquartered in Corning, New York. As of October 23, 2026, GLW closed at $123.69, a market capitalization of $106.55 billion, the 115th largest company in the S&P 500. Over the last twelve months it generated $16.96 billion in revenue (+17% year over year) and $2.40 billion in free cash flow. The stock trades at 56.7x trailing earnings and 28.1x forward earnings.
- 1-year total return: +45.4% (dividends reinvested)
- 5-year return: +29.7% a year
- 52-week range: $77.39 – $271.78
- Gross margin 36.4%, operating margin 15.6%
- Dividend yield: 0.91%
- FI Handbook report card: C across 10 metrics
- 31st largest of 75 Information Technology stocks in the S&P 500
GLW price chart
1Y price change: +44.1% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| GLW | -19.9% | +42.0% | +45.4% | +69.7% | +29.7% | +20.9% | +12.0% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1981.
GLW key statistics
- Market cap
- $106.5B
- #115 in S&P 500
- P/E (TTM)
- 56.7x
- Forward P/E
- 28.1x
- EPS (TTM)
- $2.18
- Revenue (TTM)
- $17.0B
- +17%
- Free cash flow
- $2.4B
- Gross margin
- 36.4%
- Operating margin
- 15.6%
- Return on equity
- 16.8%
- Dividend yield
- 0.91%
- 52-week range
- $77.39 – $271.78
- Beta
- 1.12
- Price / sales
- 6.3x
- EV / EBITDA
- 27.9x
- Debt / equity
- 0.71x
- Employees
- 67,200
GLW report card
CTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth16.6%B
- Gross margin36.4%C
- Operating margin15.6%C
- FCF margin14.1%C
- Return on equity16.8%B
- Net debt / EBITDA1.7xC
- Forward P/E28.1xD
- PEG ratio1.0xA
- Shareholder yield1.1%D
- Share count change / yr2.4%F
Corning financials
Revenue went from $9.4B in fiscal 2016 to $15.6B in fiscal 2025, growing 5.8% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.4B | $10.1B | $11.3B | $11.5B | $11.3B | $14.1B | $14.2B | $12.6B | $13.1B | $15.6B |
| Gross profit | $3.8B | $4.0B | $4.5B | $4.0B | $3.5B | $5.1B | $4.5B | $3.9B | $4.3B | $5.6B |
| Operating income | $1.4B | $1.6B | $1.6B | $1.3B | $509.0M | $2.1B | $1.4B | $890.0M | $1.1B | $2.3B |
| Net income | $3.7B | -$497.0M | $1.1B | $960.0M | $512.0M | $1.9B | $1.3B | $581.0M | $506.0M | $1.6B |
| EPS (diluted) | $3.23 | $-0.66 | $1.13 | $1.07 | $0.54 | $1.28 | $1.54 | $0.68 | $0.58 | $1.83 |
| Buybacks | $4.2B | $2.5B | $2.2B | $940.0M | $105.0M | $274.0M | $221.0M | — | $165.0M | $163.0M |
| Diluted shares | 1.1B | 895.0M | 941.0M | 899.0M | 772.0M | 844.0M | 857.0M | 859.0M | 869.0M | 871.0M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into GLW?
A reverse DCF asks what growth the current price requires. With an enterprise value of $113.4B and $2.4B of trailing free cash flow, Corning needs to grow free cash flow about 33.0% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
P/E ratio history
Current 67.6x vs. median 18.2x (10th–90th percentile 6.7x–76.6x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
GLW dividend
- Dividend yield
- 0.91%
- Annual dividend
- $1.12
- Years of increases
- —
- 5-yr dividend growth
- 4.9%
- per year
- Payout ratio
- 51%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
GLW analyst price targets
17 analysts' average 12-month target is $187.41 (+52% vs. $123.69). Targets range from $129.00 to $238.00. 78% rate it a buy.
GLW earnings
Next report: October 27, 2026. Corning has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $4.5B (+17% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 28, 2026 | $0.75 | $0.78 | +3.5% |
| Apr 28, 2026 | $0.69 | $0.70 | +1.2% |
| Jan 28, 2026 | $0.71 | $0.72 | +2.1% |
| Oct 28, 2025 | $0.66 | $0.67 | +0.8% |
| Jul 29, 2025 | $0.57 | $0.60 | +5.1% |
| Apr 29, 2025 | $0.51 | $0.54 | +5.4% |
| Jan 29, 2025 | $0.56 | $0.57 | +2.1% |
| Oct 29, 2024 | $0.52 | $0.54 | +3.0% |
Stocks like GLW
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|---|---|---|---|---|---|
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GLW news
- Can AI Fiber Still Deliver? Corning Faces High-Stakes Q3 Earnings Test Oct. 27 as Valuation Stretches · Oct 24, 2026
- Will AI Fiber Demand Change Corning (GLW) Narrative · Oct 23, 2026
- Is Corning Stock a Smart Investment Option Before Q3 Earnings Release? · Oct 23, 2026
- Unlocking Q3 Potential of Corning (GLW): Exploring Wall Street Estimates for Key Metrics · Oct 22, 2026
- Owens Corning Inc (OC) Is a Trending Stock: Facts to Know Before Betting on It · Oct 22, 2026
GLW stock FAQ
What is GLW's market cap?
Corning's market capitalization is $106.55 billion as of October 23, 2026, ranking 115th in the S&P 500.
What is GLW's P/E ratio?
GLW trades at a trailing price-to-earnings ratio of 56.7x and a forward P/E of 28.1x. Its median P/E over the period we track is 18.2x.
Does GLW pay a dividend?
Yes. Corning pays $1.12 per share a year, a 0.91% yield. Dividends grew 4.9% a year over the last five years.
How much has GLW stock returned?
Including reinvested dividends, GLW returned +45.4% over one year, +29.7% a year over five years, +20.9% a year over ten years through October 23, 2026.
Is GLW stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Corning must grow free cash flow about 33% a year for the next decade. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the GLW price target?
17 analysts cover GLW with an average 12-month price target of $187.41, +52% from the current price. 78% of them rate it a buy.
When does GLW report earnings?
Corning is expected to report earnings on October 27, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does Corning have?
Corning has about 67,200 full-time employees, or $252,440 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology