Corning Inc. (GLW)
Information Technology · Specialty materials and optical communications components
Corning Inc. is a 175-year-old materials science leader that invents and manufactures specialty glass, ceramics, and optical physics products powering optical communications, displays, automotive, semiconductors, and life sciences.
What Corning Inc. does
Corning applies expertise in glass science, ceramic science, and optical physics to develop products across optical communications (fiber optic cables and connectivity solutions), display technologies (precision glass for advanced displays), specialty materials (damage-resistant cover materials for mobile devices), automotive (clean-air technologies and technical glass), and life sciences (drug discovery and delivery products). The company manufactures in 14 countries across five reportable segments and leverages deep R&D capabilities to address evolving customer needs in high-growth industries.
Themes: ["Optical communications infrastructure","AI data center connectivity","Fiber-to-the-home (FTTH) networks","5G deployment","Display and mobile consumer electronics","EV and automotive supply chain","Life sciences and drug discovery","Glass and ceramic engineering","Data center interconnect"]
Fundamentals
- Price$192.38 as of 2026-07-09 close
- Market cap$171.4B as of 2026-07-10
- 1-year return+249.0% as of 2026-07-09 close
- P/E94.71 as of 2026-07-10
- Net margin+11.1% as of 2026-07-10
- Gross margin+36.4% as of 2026-07-10
- ROE+15.7% as of 2026-07-10
- Debt / equity0.76 as of 2026-07-10
- Revenue growth (YoY)+20.1% as of 2026-07-10
- Revenue CAGR (3y)+3.3% SEC XBRL
- Beta1.13 as of 2026-07-10
Dividend: yield +0.6%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Demand cyclicality and capital intensity in optical communications and display markets; reliance on spending patterns of telecommunications carriers, enterprises and semiconductor manufacturers","Foreign exchange volatility and global manufacturing exposure across 14 countries; translation and transaction losses impact financial results","Intense competitive pressure and rapid technology evolution requiring sustained R&D investment; customer concentration in key segments such as display and optical communications"]
Competitors & peers
- Prysmian (PRYSM:IT)
- Furukawa Electric
- AFL Global
- CommScope
- Sumitomo Electric
- Schott AG
- Asahi Glass
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.