Corning (GLW) Ratios
Corning Ratios
MX:GLW's free cash flow for Q3 2026 was $516.00M. For the 2026 fiscal year, MX:GLW's free cash flow was decreased by $-545.00M and operating cash flow was $1.06B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.59 | 1.62 | 1.67 | 1.44 | 1.59 |
| Quick Ratio | 1.04 | 1.07 | 1.05 | 0.88 | 1.08 |
| Cash Ratio | 0.27 | 0.36 | 0.41 | 0.32 | 0.45 |
| Solvency Ratio | 0.16 | 0.11 | 0.12 | 0.16 | 0.19 |
| Operating Cash Flow Ratio | 0.48 | 0.39 | 0.46 | 0.51 | 0.71 |
| Short-Term Operating Cash Flow Coverage | 2.99 | 5.95 | 6.27 | 11.67 | 62.04 |
| Net Current Asset Value | $ -9.73B | $ -8.67B | $ -9.42B | $ -9.77B | $ -9.95B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.33 | 0.29 | 0.30 | 0.26 | 0.26 |
| Debt-to-Equity Ratio | 0.87 | 0.76 | 0.73 | 0.65 | 0.63 |
| Debt-to-Capital Ratio | 0.46 | 0.43 | 0.42 | 0.39 | 0.39 |
| Long-Term Debt-to-Capital Ratio | 0.42 | 0.39 | 0.38 | 0.36 | 0.36 |
| Financial Leverage Ratio | 2.62 | 2.60 | 2.47 | 2.46 | 2.44 |
| Debt Service Coverage Ratio | 2.77 | 3.47 | 3.61 | 6.07 | 10.47 |
| Interest Coverage Ratio | 6.94 | 3.45 | 2.71 | 4.92 | 7.04 |
| Debt to Market Cap | 0.12 | 0.18 | 0.29 | 0.26 | 0.23 |
| Interest Debt Per Share | 12.28 | 9.87 | 10.39 | 9.62 | 9.82 |
| Net Debt to EBITDA | 2.33 | 2.54 | 2.67 | 1.74 | 1.35 |
| Profitability Margins | |||||
| Gross Profit Margin | 35.28% | 32.60% | 31.23% | 31.76% | 35.95% |
| EBIT Margin | 15.28% | 8.71% | 9.10% | 14.72% | 19.36% |
| EBITDA Margin | 23.90% | 19.00% | 19.97% | 24.96% | 29.88% |
| Operating Profit Margin | 14.91% | 8.65% | 7.07% | 10.13% | 15.00% |
| Pretax Profit Margin | 13.13% | 6.20% | 6.48% | 12.66% | 17.23% |
| Net Profit Margin | 10.21% | 3.86% | 4.62% | 9.27% | 13.54% |
| Continuous Operations Profit Margin | 11.15% | 4.51% | 5.15% | 9.77% | 13.74% |
| Net Income Per EBT | 77.78% | 62.24% | 71.20% | 73.23% | 78.57% |
| EBT Per EBIT | 88.03% | 71.63% | 91.69% | 124.97% | 114.87% |
| Return on Assets (ROA) | 5.15% | 1.82% | 2.04% | 4.46% | 6.32% |
| Return on Equity (ROE) | 13.52% | 4.74% | 5.03% | 10.96% | 15.45% |
| Return on Capital Employed (ROCE) | 9.20% | 4.97% | 3.68% | 5.91% | 8.33% |
| Return on Invested Capital (ROIC) | 7.54% | 3.56% | 2.87% | 4.50% | 6.61% |
| Return on Tangible Assets | 5.73% | 2.06% | 2.30% | 5.05% | 7.17% |
| Earnings Yield | 2.12% | 1.25% | 2.25% | 4.89% | 6.18% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.62 | 6.39 | 8.01 | 8.24 | 7.03 |
| Payables Turnover | 5.11 | 6.01 | 5.91 | 5.37 | 5.59 |
| Inventory Turnover | 3.29 | 3.25 | 3.25 | 3.33 | 3.64 |
| Fixed Asset Turnover | 1.00 | 0.93 | 0.81 | 0.88 | 0.85 |
| Asset Turnover | 0.50 | 0.47 | 0.44 | 0.48 | 0.47 |
| Working Capital Turnover Ratio | 4.90 | 4.40 | 4.87 | 5.53 | 3.97 |
| Cash Conversion Cycle | 104.52 | 108.81 | 96.18 | 85.74 | 87.11 |
| Days of Sales Outstanding | 64.90 | 57.12 | 45.58 | 44.27 | 51.94 |
| Days of Inventory Outstanding | 111.03 | 112.45 | 112.40 | 109.47 | 100.41 |
| Days of Payables Outstanding | 71.41 | 60.76 | 61.81 | 68.00 | 65.24 |
| Operating Cycle | 175.93 | 169.57 | 157.99 | 153.74 | 152.35 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 3.13 | 2.27 | 2.36 | 3.10 | 4.12 |
| Free Cash Flow Per Share | 1.64 | 1.14 | 0.73 | 1.20 | 2.14 |
| Dividend Paid and CapEx Coverage Ratio | 1.18 | 0.99 | 0.84 | 1.03 | 1.36 |
| Capital Expenditure Coverage Ratio | 2.10 | 2.01 | 1.44 | 1.63 | 2.08 |
| Operating Cash Flow Coverage Ratio | 0.26 | 0.24 | 0.24 | 0.33 | 0.44 |
| Operating Cash Flow to Sales Ratio | 0.17 | 0.15 | 0.16 | 0.18 | 0.24 |
| Free Cash Flow Yield | 1.88% | 2.40% | 2.38% | 3.75% | 5.76% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 47.08 | 80.54 | 44.44 | 20.46 | 16.17 |
| Price-to-Sales (P/S) Ratio | 4.82 | 3.09 | 2.05 | 1.90 | 2.19 |
| Price-to-Book (P/B) Ratio | 6.38 | 3.79 | 2.24 | 2.24 | 2.50 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 53.29 | 41.62 | 41.99 | 26.63 | 17.37 |
| Price-to-Operating Cash Flow Ratio | 27.94 | 20.90 | 12.88 | 10.30 | 9.03 |
| Price-to-Earnings Growth (PEG) Ratio | 0.22 | -5.56 | -0.80 | 1.02 | 0.11 |
| Enterprise Value Multiple | 22.49 | 18.80 | 12.94 | 9.34 | 8.68 |
| Enterprise Value | 84.00B | 46.86B | 32.53B | 33.07B | 36.51B |
| EV to EBITDA | 22.49 | 18.80 | 12.94 | 9.34 | 8.68 |
| EV to Sales | 5.37 | 3.57 | 2.58 | 2.33 | 2.59 |
| EV to Free Cash Flow | 59.45 | 48.11 | 52.89 | 32.71 | 20.57 |
| EV to Operating Cash Flow | 31.17 | 24.17 | 16.22 | 12.65 | 10.70 |
| Tangible Book Value Per Share | 10.65 | 9.33 | 10.12 | 10.50 | 10.84 |
| Shareholders’ Equity Per Share | 13.73 | 12.53 | 13.62 | 14.24 | 14.89 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.15 | 0.27 | 0.21 | 0.23 | 0.20 |
| Revenue Per Share | 18.17 | 15.38 | 14.84 | 16.83 | 17.01 |
| Net Income Per Share | 1.86 | 0.59 | 0.69 | 1.56 | 2.30 |
| Tax Burden | 0.78 | 0.62 | 0.71 | 0.73 | 0.79 |
| Interest Burden | 0.86 | 0.71 | 0.71 | 0.86 | 0.89 |
| Research & Development to Revenue | 0.07 | 0.08 | 0.09 | 0.07 | 0.07 |
| SG&A to Revenue | 0.13 | 0.15 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 |
| Income Quality | 1.69 | 3.28 | 3.09 | 1.89 | 1.79 |
Currency in USD