Corning Financial Ratios
NYSE: GLWIndustrialsTelecommunications EquipmentUSD
At close: Oct 9, 4:03 PM ET · Delayed 15 min
Corning ratio analysis
Corning earned a net margin of 10.2% in FY 2025, up from 3.9% a year earlier. Gross margin was 36.0% compared with a median of 35.1% over the prior 9 years. Return on equity reached 13.5%, meaning Corning generated 0.14 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.71 versus 0.67 the year before, and the current ratio was 1.59. At the end of FY 2025, GLW traded at 49.5 times earnings; across the 9 fiscal years shown, its year-end P/E ranged from 7.5 to 81.9, with a median of 29.1. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Corning financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 49.55 | 81.90 | 44.78 | 20.74 | 29.09 | 66.67 | 27.66 | 25.85 | — | 7.51 |
| Price / sales | 4.96 | 3.09 | 2.05 | 1.90 | 2.19 | 2.42 | 2.00 | 2.11 | 2.83 | 2.64 |
| Price / book | 6.57 | 3.79 | 2.24 | 2.24 | 2.50 | 2.07 | 1.78 | 1.73 | 1.82 | 1.38 |
| Gross margin | 36.0% | 32.6% | 31.2% | 31.8% | 36.0% | 31.2% | 35.1% | 39.5% | 39.7% | 40.1% |
| Operating margin | 14.6% | 8.7% | 7.1% | 10.1% | 15.0% | 4.5% | 11.4% | 14.0% | 15.9% | 15.2% |
| Net margin | 10.2% | 3.9% | 4.6% | 9.3% | 13.5% | 4.5% | 8.3% | 9.4% | -4.9% | 39.4% |
| Free cash flow margin | 9.0% | 7.4% | 4.9% | 7.1% | 12.6% | 7.1% | 0.5% | 6.0% | 19.8% | 27.0% |
| Return on equity (ROE) | 13.5% | 4.7% | 5.0% | 11.0% | 15.5% | 3.9% | 7.4% | 7.7% | -3.2% | 20.7% |
| Return on assets (ROA) | 5.2% | 1.8% | 2.0% | 4.5% | 6.3% | 1.7% | 3.3% | 3.9% | -1.8% | 13.2% |
| Debt / equity | 0.71 | 0.67 | 0.65 | 0.58 | 0.57 | 0.60 | 0.60 | 0.43 | 0.33 | 0.22 |
| Current ratio | 1.59 | 1.62 | 1.67 | 1.44 | 1.59 | 2.12 | 2.12 | 2.12 | 2.75 | 3.29 |
| Revenue growth | 19.1% | 4.2% | -11.3% | 0.8% | 24.6% | -1.7% | 1.9% | 11.6% | 7.7% | 3.1% |
| EPS growth | 215.5% | -14.7% | -55.8% | 20.3% | 137.0% | -49.5% | -5.3% | — | -120.4% | 223.0% |