Corning Inc. (GLW)

  177.79
   
  • Change Today:
     10.45
  • 52 Week High:  178.36
  • 52 Week Low:  41.98
  • Currency: Euro
  • Shares Issued: 785.22m
  • Volume: 128
  • Market Cap:  139,604m

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Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Continuing Operations          
Revenue 15,629.00 13,118.00 12,588.00 14,189.00 14,082.00
Operating Profit/(Loss) 2,279.00 1,135.00 890.00 1,438.00 2,112.00
Profit Before Tax 2,052.00 813.00 816.00 1,797.00 2,426.00
Profit After Tax 1,742.00 592.00 648.00 1,386.00 1,935.00
           
Earnings per Share - Basic 187.00¢ 59.00¢ 69.00¢ 156.00¢ 130.00¢
Earnings per Share - Adjusted 187.00¢ 59.00¢ 69.00¢ 156.00¢ 130.00¢
           
Dividend per Share 112.00¢ 112.00¢ 112.00¢ 108.00¢ 88.00¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Assets          
Non-Current Assets          
Property, Plant & Equipment 14,825.00 13,359.00 14,630.00 15,371.00 15,804.00
Intangible Assets 3,146.00 3,115.00 3,285.00 3,423.00 3,569.00
Other Non-Current Assets 4,069.00 3,269.00 3,373.00 3,252.00 3,122.00
  22,040.00 19,743.00 21,288.00 22,046.00 22,495.00
Current Assets          
Inventories 3,077.00 2,724.00 2,666.00 2,904.00 1,026.00
Cash at Bank & in Hand 1,526.00 1,768.00 1,779.00 1,671.00 2,148.00
Other Current Assets 4,333.00 3,500.00 2,767.00 2,878.00 4,485.00
  8,936.00 7,992.00 7,212.00 7,453.00 7,659.00
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 30,976.00 27,735.00 28,500.00 29,499.00 30,154.00
Current Liabilities          
Borrowings 804.00 326.00 320.00 224.00 55.00
Other Current Liabilities 4,824.00 4,593.00 3,999.00 4,951.00 4,751.00
           
Current Liabilities 5,628.00 4,919.00 4,319.00 5,175.00 4,806.00
           
Net Current Assets c3,308.00 c3,073.00 c2,893.00 c2,278.00 c2,853.00
           
Borrowings 7,630.00 6,885.00 7,206.00 6,687.00 6,989.00
Other Non-Current Liabilities 5,411.00 4,861.00 5,107.00 5,362.00 5,814.00
Non-Current Liabilities 13,041.00 11,746.00 12,313.00 12,049.00 12,803.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 18,669.00 16,665.00 16,632.00 17,224.00 17,609.00
           
Net Assets 12,307.00 11,070.00 11,868.00 12,275.00 12,545.00
           
Shareholders Funds 11,807.00 10,686.00 11,551.00 12,008.00 12,333.00
           
Minority Interests/Other Equity 500.00 384.00 317.00 267.00 212.00
Total Equity 12,307.00 11,070.00 11,868.00 12,275.00 12,545.00
Cash Flow 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Net Cash Flow From Operating Activities 2,695.00 1,939.00 2,005.00 2,615.00 1,015.86
Net Cash Flow from Investing Activities (1,243.00) (744.00) (1,000.00) (1,355.00) (925.56)
Net Cash Flow from Financing Activities (1,654.00) (1,206.00) (897.00) (1,737.00) (362.70)
Net Increase/Decrease In Cash (202.00) (11.00) 108.00 (477.00) (272.40)
Ratios - based on IFRS 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Continuing Operations          
PE Ratio - Adjusted 47.2 90.4 46.6 22.2 29.8
PEG - Adjusted 0.2 n/a n/a 1.1 0.2
Earnings per Share Growth - Adjusted 217% -14% -56% 20% 141%
Dividend Cover 1.67 0.53 0.62 1.44 1.48
Revenue per Share 1,990.40¢ 1,670.62¢ 1,603.12¢ 1,807.01¢ 1,793.39¢
Pre-Tax Profit per Share 261.33¢ 103.54¢ 103.92¢ 228.85¢ 308.96¢
Operating Margin 14.58% 8.65% 7.07% 10.13% 15.00%
Return on Capital Employed 11.66% 5.36% 5.07% 11.40% 15.14%
           
Dividend Yield 1.3% 2.1% 3.5% 3.1% 2.3%
Dividend per Share Growth n/a n/a 3.70% 22.73% n/a
Operating Cash Flow per Share 343.22¢ 246.94¢ 255.34¢ 333.03¢ 129.37¢
Cash Incr/Decr per Share (25.73¢) (1.40¢) 13.75¢ (60.75¢) (34.69¢)
Net Asset Value per Share (exc. Intangibles) 1,166.68¢ 1,013.09¢ 1,093.07¢ 1,127.33¢ 1,143.12¢
Net Gearing 58.51% 50.94% 49.75% 43.64% 39.70%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Forecast figures based on normalised accounts.

 

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