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Company Overview
CORNING INC /NY
Information TechnologyElectronic ComponentsCorning 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. Founded in 1851, the company was called Corning Glass Works for most of its hi...
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. Founded in 1851, the company was called Corning Glass Works for most of its history. Corning was known during the 20th century for its consumer product lines, such as including CorningWare and Visions Pyroceram-based cookware, Corelle Vitrelle tableware, and Pyrex glass bakeware. It divested its consumer product lines in 1998 by selling the Corning Consumer Products Company (later Corelle Brands) to Borden.
Corning continues to maintain its world headquarters in Corning, New York. The firm also established one of the first industrial research labs there in 1908. It continues to expand the nearby research and development facility, as well as operations associated with catalytic converters and diesel engine filter product lines.
Exchange: NYSE
Company Statistics
Profile
Market Cap$115.73B
EV$120.98B
Shares Out875.0M
Revenue$16.96B
Margins
Gross36.4%
Operating15.3%
Pre-Tax14.2%
Net11.2%
Returns (5Yr Avg)
ROA4%
ROE9.9%
ROCE6.4%
ROIC7.3%
Valuation (TTM)
P/E60.9
P/B9.2
EV/Sales7.1
EV/Gross Profit19.6
Financial Health
Cash$2.50B
Net Debt$5.25B
Debt/Equity0.6
Growth (CAGR)
Rev 3Yr3.3%
Rev 5Yr6.7%
Dil EPS 3Yr5.9%
Dil EPS 5Yr27.6%
Dil EPS 10Yr6.2%
FCF 5Yr4.7%
Shares 5Yr2.4%
Dividends
Yield0.8%
Payout51.6%
DPS$1.12
DPS Growth 3Yr-9.1%
DPS Growth 5Yr-2.6%
DPS Growth 10Yr4.5%
Price History
No price history available
Financial Performance
Display:
Data reported in USD
Assets vs Liabilities
Data reported in USD
Free Cash Flow
Data reported in USD