Corning (GLW) vs Lumentum (LITE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Lumentum (LITE) has outperformed Corning (GLW) over the past year, gaining 607.0% versus a gain of 91.9%. Over five years, LITE leads with a +1204.2% price change compared with +330.2% for GLW. Corning is the larger company by market cap ($140.62 billion vs $99.66 billion), about 1.4 times the size, while Lumentum is growing revenue faster (+83.2% vs +19.1%).
On valuation, Lumentum trades at a lower forward P/E (31.2x vs 37.4x for Corning). Corning pays a dividend yielding 0.69%, while Lumentum does not currently pay one. Corning converts more of its revenue into profit, with a net margin of 10.2% versus -230.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GLW | LITE |
|---|---|---|
| Share price | $163.25 | $1,111.07 |
| Market cap | $140.62B | $99.66B |
| 1-day change | -3.39% | -1.97% |
| YTD return | +86.44% | +201.44% |
| 1-year return | +91.92% | +607.01% |
| 5-year return | +330.17% | +1204.23% |
| P/E ratio (TTM) | 74.89 | — |
| Forward P/E | 37.37 | 31.24 |
| EPS (TTM) | $2.18 | $-92.96 |
| Dividend yield | 0.69% | 0.00% |
| Annual dividend | $1.12 | $0.00 |
| Revenue (latest FY) | $15.63B | $3.01B |
| Revenue growth (YoY) | +19.14% | +83.22% |
| Net income (latest FY) | $1.60B | $-6.94B |
| Gross margin | 35.97% | 41.67% |
| Operating margin | 14.58% | 17.41% |
| Net margin | 10.21% | -230.10% |
| 52-week high | $271.78 | $1,137.21 |
| 52-week low | $77.39 | $147.81 |
| Distance from 52-week high | -39.93% | -2.30% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +14.98% | +4.58% |
| Average volume | 10.33M | 4.64M |
| Shares outstanding | 861.39M | 89.70M |
| Employees | 67,200 | 13,757 |
| Sector | Industrials | Telecommunications |
| Industry | Telecommunications Equipment | Telecommunications Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- LITE has outperformed GLW by 515.1 percentage points over the past year.
- Corning is more profitable, keeping 10.2 cents of every revenue dollar as net income versus -230.1 cents for Lumentum.
- Lumentum grew revenue faster in its latest fiscal year (+83.22% vs +19.14%).
- The two companies sit in different sectors: Corning in Industrials and Lumentum in Telecommunications.
About Corning
GLW stock →Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally. 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.
Industrials · Telecommunications Equipment · 67,200 employees
About Lumentum
LITE stock →Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.
Telecommunications · Telecommunications Equipment · 13,757 employees
GLW vs LITE FAQ
Which is bigger, Corning or Lumentum?
Corning (GLW) is larger, with a market capitalization of $140.62B compared with $99.66B for Lumentum (LITE).
Which stock has performed better over the past year, GLW or LITE?
LITE returned +607.01% over the past 12 months, compared with +91.92% for GLW (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Corning or Lumentum?
Corning pays a dividend yielding 0.69%, while Lumentum does not currently pay a regular dividend.
Are Corning and Lumentum in the same industry?
Yes. Both are classified in the Telecommunications Equipment industry within the Industrials sector.