Corning Inc /Ny financial data

Symbol
GLW on NYSE
Location
One Riverfront Plaza, Corning, NY
State of incorporation
NY
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Feb 13, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 163 % +1.1%
Quick Ratio 59.8 % -2.83%
Debt-to-equity 151 % +4.83%
Return On Equity 4.5 % -7.98%
Return On Assets 1.83 % -10.3%
Operating Margin 8.65 % +22.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 857M shares +0.36%
Entity Public Float 33B USD +10%
Common Stock, Value, Issued 921M USD +0.55%
Weighted Average Number of Shares Outstanding, Basic 853M shares +0.59%
Weighted Average Number of Shares Outstanding, Diluted 869M shares +1.16%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 13.1B USD +4.21%
Cost of Revenue 8.84B USD +2.14%
Operating Income (Loss) 1.14B USD +27.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 813M USD -0.37%
Income Tax Expense (Benefit) 221M USD +31.5%
Net Income (Loss) Attributable to Parent 506M USD -12.9%
Earnings Per Share, Basic 0.59 USD/shares -14.5%
Earnings Per Share, Diluted 0.58 USD/shares -14.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.77B USD -0.62%
Accounts Receivable, after Allowance for Credit Loss, Current 2.05B USD +30.6%
Inventory, Net 2.72B USD +2.18%
Other Assets, Current 1.45B USD +21.1%
Assets, Current 7.99B USD +10.8%
Deferred Income Tax Assets, Net 1.13B USD -2%
Property, Plant and Equipment, Net 13.4B USD -8.69%
Operating Lease, Right-of-Use Asset 796M USD -9.85%
Intangible Assets, Net (Excluding Goodwill) 752M USD -16.9%
Goodwill 2.36B USD -0.71%
Other Assets, Noncurrent 2.14B USD -3.65%
Assets 27.7B USD -2.68%
Accounts Payable, Current 1.47B USD +0.41%
Employee-related Liabilities, Current 883M USD +45%
Accrued Liabilities, Current 3.12B USD +23.2%
Contract with Customer, Liability, Current 127M USD -14.2%
Liabilities, Current 4.92B USD +13.9%
Long-term Debt and Lease Obligation 6.89B USD -4.46%
Contract with Customer, Liability, Noncurrent 983M USD -9.23%
Deferred Income Tax Liabilities, Net 137M USD -37.2%
Operating Lease, Liability, Noncurrent 785M USD -7.21%
Other Liabilities, Noncurrent 4.53B USD -3.91%
Liabilities 16.7B USD +0.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.54B USD -24.2%
Retained Earnings (Accumulated Deficit) 15.9B USD -2.84%
Stockholders' Equity Attributable to Parent 10.7B USD -7.49%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 11.1B USD -6.72%
Liabilities and Equity 27.7B USD -2.68%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 96M USD
Net Cash Provided by (Used in) Financing Activities -308M USD -24.2%
Net Cash Provided by (Used in) Investing Activities -184M USD +19.3%
Common Stock, Shares Authorized 3.8B shares 0%
Common Stock, Shares, Issued 1.8B shares 0%
Common Stock, Par or Stated Value Per Share 0.5 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -414M USD +21.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.77B USD -0.62%
Deferred Tax Assets, Valuation Allowance 173M USD -16.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.68B USD -0.65%
Operating Lease, Liability 880M USD -8.14%
Depreciation 307M USD -0.97%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 11M USD -97%
Lessee, Operating Lease, Liability, to be Paid 1.19B USD -9.23%
Property, Plant and Equipment, Gross 27.9B USD -4.56%
Operating Lease, Liability, Current 95M USD -15.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 109M USD -6.03%
Lessee, Operating Lease, Liability, to be Paid, Year One 129M USD -7.86%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 10M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 310M USD -12.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 92M USD -11.5%
Deferred Tax Assets, Operating Loss Carryforwards 213M USD -22.3%
Unrecognized Tax Benefits 411M USD +10.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 82M USD -7.87%
Amortization of Intangible Assets 121M USD -0.82%
Deferred Tax Assets, Net of Valuation Allowance 1.51B USD +1.55%
Share-based Payment Arrangement, Expense 273M USD +25.2%