CORNING INC /NY (GLW)

85.77 -0.95 (-1.1%)

As of 2025-10-17 00:36:55 EST

Corning Incorporated is an American multinational technology company specializing in glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. The company was named Corning Glass Works until 1989. Corning divested its consumer product lines (including CorningWare and Visions Pyroceram-based cookware, Corelle Vitrelle tableware, and Pyrex glass bakeware) in 1998 by selling the Corning Consumer Products Company subsidiary (later Corelle Brands) to Borden.

Traded asNYSE: GLW
ISINUS2193501051
CIK0000024741
LEI549300X2937PB0CJ7I56
EIN160393470
SectorTechnology
IndustryDrawing & Insulating of Nonferrous Wire
CEOWendell P. Weeks
Employees56,300
Fiscal Year End1231
AddressONE RIVERFRONT PLAZA, CORNING, NY, 14831
Phone6079749000
Websitehttp://corning.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
GLWCORNING INC /NY2025-10-17 00:36:5585.77-0.95-1.1
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
GLW0000024741CORNING INC /NYUS2193501051549300X2937PB0CJ7I56160393470NYSE3357Drawing & Insulating of Nonferrous Wire1231NYONE RIVERFRONT PLAZACORNINGNY14831UNITED STATESUS6079749000ONE RIVERFRONT PLAZA, CORNING, NY, 14831ONE RIVERFRONT PLAZA, CORNING, NY, 14831Technology1851Wendell P. Weeks56,300http://corning.com33,000,000,0001,800,000,000856,618,711Corning Incorporated is an American multinational technology company specializing in glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. The company was named Corning Glass Works until 1989. Corning divested its consumer product lines (including CorningWare and Visions Pyroceram-based cookware, Corelle Vitrelle tableware, and Pyrex glass bakeware) in 1998 by selling the Corning Consumer Products Company subsidiary (later Corelle Brands) to Borden.2025-10-10 19:11:48
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GLW Stock Price (End-of-Day)
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GLW Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
202433,000,000,0003,000,000,00010856,564,0013,089,6840.362
202330,000,000,0004,000,000,00015.3846853,474,3176,910,8950.8163
202226,000,000,000-9,000,000,000-25.7143846,563,422713,9240.0844
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Employee Count
Fiscal YearEmployee Count
201949,500
201851,500
201746,200
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Income Statements
Fiscal Year202420232022
Revenue13,118,000,00012,588,000,00014,189,000,000
Cost Of Revenue8,842,000,0008,657,000,0009,683,000,000
Gross Profit4,276,000,0003,931,000,0004,506,000,000
Research And Development Expenses800,000,000900,000,000900,000,000
General And Administrative Expenses1,931,000,0001,843,000,0001,898,000,000
Operating Expenses
Operating Income1,135,000,000890,000,0001,438,000,000
Net Income506,000,000581,000,0001,316,000,000
Earnings Per Share Basic0.590.691.56
Earnings Per Share Diluted0.580.681.54
Weighted Average Shares Outstanding Basic853,000,000848,000,000843,000,000
Weighted Average Shares Outstanding Diluted869,000,000859,000,000857,000,000
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Balance Sheet Statements
Fiscal Year202420232022
Cash And Cash Equivalents1,768,000,0001,779,000,0001,671,000,000
Marketable Securities Current
Accounts Receivable2,053,000,0001,572,000,0001,721,000,000
Inventories2,724,000,0002,666,000,0002,904,000,000
Non Trade Receivables
Other Assets Current1,447,000,0001,195,000,0001,157,000,000
Total Assets Current7,992,000,0007,212,000,0007,453,000,000
Marketable Securities Non Current
Property Plant And Equipment13,359,000,00014,630,000,00015,371,000,000
Other Assets Non Current2,139,000,0002,220,000,0002,179,000,000
Total Assets Non Current8,617,000,0008,698,000,00067,000,000
Total Assets27,735,000,00028,500,000,00029,499,000,000
Accounts Payable1,472,000,0001,466,000,0001,804,000,000
Deferred Revenue127,000,000148,000,000132,000,000
Short Term Debt326,000,000320,000,000224,000,000
Other Liabilities Current3,121,000,0002,533,000,0003,147,000,000
Total Liabilities Current4,919,000,0004,319,000,0005,175,000,000
Long Term Debt6,885,000,0007,206,000,0006,687,000,000
Other Liabilities Non Current4,525,000,0004,709,000,0004,955,000,000
Total Liabilities Non Current11,746,000,00012,313,000,00012,049,000,000
Total Liabilities16,665,000,00016,632,000,00017,224,000,000
Common Stock921,000,000916,000,000910,000,000
Retained Earnings15,926,000,00016,391,000,00016,778,000,000
Accumulated Other Comprehensive Income-2,543,000,000-2,048,000,000-1,830,000,000
Total Shareholders Equity10,686,000,00011,551,000,00012,008,000,000
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Cash Flow Statements
Fiscal Year202420232022
Depreciation And Amortization29,000,00035,000,00027,000,000
Share Based Compensation Expense273,000,000218,000,000175,000,000
Other Non Cash Income Expense
Change In Accounts Receivable717,000,000-50,000,000-113,000,000
Change In Inventories171,000,000-157,000,000522,000,000
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable470,000,000-238,000,000349,000,000
Change In Other Liabilities-214,000,000142,000,000-20,000,000
Cash From Operating Activities1,939,000,0002,005,000,0002,615,000,000
Purchases Of Marketable Securities
Sales Of Marketable Securities
Acquisition Of Property Plant And Equipment193,000,000176,000,000368,000,000
Acquisition Of Business
Other Investing Activities40,000,000-23,000,00014,000,000
Cash From Investing Activities-744,000,000-1,000,000,000-1,355,000,000
Tax Withholding For Share Based Compensation81,000,000106,000,00047,000,000
Payments Of Dividends971,000,000968,000,000926,000,000
Issuance Of Common Stock
Repurchase Of Common Stock165,000,000221,000,000
Issuance Of Long Term Debt918,000,000
Repayment Of Long Term Debt
Other Financing Activities-28,000,000-39,000,000-22,000,000
Cash From Financing Activities-1,164,000,000-883,000,000-1,649,000,000
Change In Cash-11,000,000108,000,000-477,000,000
Cash At End Of Period1,768,000,0001,779,000,0001,671,000,000
Income Taxes Paid263,000,000213,000,000426,000,000
Interest Paid310,000,000274,000,000275,000,000
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Key Metrics
Fiscal Year202420232022
Earnings Per Share0.590.691.56
Price To Earnings Ratio80.542444.130420.4744
Earnings Growth Rate-14.4928-55.769220
Price Earnings To Growth Ratio-5.5574-0.79131.0237
Book Value Per Share12.977713.995314.5611
Price To Book Ratio3.66172.17572.1935
Ebitda1,127,000,000829,000,0001,769,000,000
Enterprise Value45,977,560,00031,568,600,00032,165,420,000
Dividend Yield0.0240.03750.0344
Dividend Payout Ratio1.9191.66610.7036
Debt To Equity Ratio0.67480.65150.5755
Capital Expenditures-1,242,000,000-706,000,000-406,000,000
Free Cash Flow3,181,000,0002,711,000,0003,021,000,000
Return On Equity0.04740.05030.1096
One Year Beta0.85140.89910.9832
Three Year Beta0.93961.00041.2035
Five Year Beta1.15281.19041.2159
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Badani AmiDirector2025-10-08675A675
CUMMINGS ROBERT F JRDirector2025-09-30488A129,841
Ferguson Roger W. Jr.Director2025-09-30488A15,801
Martin Kevin JDirector2025-09-30411A19,455
Musser Eric SRetired President2025-09-30525A145,195
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Senate Trading
Name Of Reporting PersonType Of Reporting PersonReport DateTransaction TypeTransaction DateOwner TypeAmount
Thomas R CarperSenator2022-02-03Sale (Partial)2022-01-18Spouse$1,001 - $15,000
Thomas R CarperSenator2021-05-17Purchase2020-04-02Spouse$1,001 - $15,000
David A Perdue , JrSenator2021-05-02Sale (Full)2020-04-14Joint$100,001 - $250,000
Thomas R CarperSenator2020-12-02Purchase2020-11-20Spouse$1,001 - $15,000
David A Perdue , JrSenator2020-05-08Sale (Full)2020-04-14Joint$100,001 - $250,000
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House Trading
Name Of Reporting PersonReport DateStateTransaction TypeTransaction DateOwner TypeAmount
Josh Gottheimer2025-06-11NJ05Purchase2025-05-22Joint$1,001 - $15,000
Josh Gottheimer2025-06-11NJ05Purchase2025-05-28Joint$1,001 - $15,000
Marjorie Taylor Greene2025-05-19GA14Purchase2025-05-14$1,001 - $15,000
Josh Gottheimer2025-05-14NJ05Sale2025-04-09Joint$1,001 - $15,000
Josh Gottheimer2025-05-14NJ05Sale2025-04-17Joint$15,001 - $50,000
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Bill Few Associates, Inc.2025-09-30221,4812,70082.03
Carnegie Investment Counsel2025-09-305,328,79964,96282.0295
LINCOLN CAPITAL CORP2025-09-30545,5506,65182.0253
180 WEALTH ADVISORS, LLC2025-09-301,109,99413,53282.0273
TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV2025-09-30634,3387,73382.03
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
Pacer Funds Trust2025-07-31Pacer Trendpilot US Large Cap ETFPTLC47,8023,022,998.480.0906
Pacer Funds Trust2025-07-31Pacer MSCI World Industry Advantage ETFGLBL211,328.040.1432
Pacer Funds Trust2025-07-31Pacer Metaurus US Large Cap Dividend Multiplier 400 ETFQDPL14,091891,114.840.0819
PROFESSIONALLY MANAGED PORTFOLIOS2025-07-31Investor ClassOTCRX60,3853,818,747.43.0602
PROFESSIONALLY MANAGED PORTFOLIOS2025-07-31Institutional ClassOTTRX60,3853,818,747.43.0602
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