GLW
Corning Incorporated
$79.16
-$0.40(-0.50%)
78
Overall
75
Value
81
Tech
--
Quality
Market Cap
$67.42B
Volume
7.31M
52W Range
$37.31 - $79.98
Target Price
$71.08
Order:
Income Statement
| Metric | Trend | Chart | 2015 Dec | 2016 Dec | 2017 Dec | 2018 Dec | 2019 Dec | 2020 Dec | 2021 Dec | 2022 Dec | 2023 Dec | 2024 Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||
| Total Revenue | $9.1B | $9.4B | $10.1B | $11.3B | $11.5B | $11.3B | $14.1B | $14.2B | $12.6B | $13.1B | ||
| Total Revenue | $9.1B | $9.4B | $10.1B | $11.3B | $11.5B | $11.3B | $14.1B | $14.2B | $12.6B | $13.1B | ||
| COST OF GOODS SOLD | ||||||||||||
| Cost of Revenue | $5.5B | $5.6B | $6.1B | $6.8B | $105.0M | $7.8B | $9.0B | $9.7B | $8.7B | $8.8B | ||
| GROSS PROFIT | ||||||||||||
| Gross Profit | $3.7B | $3.7B | $4.0B | $4.5B | $4.0B | $3.5B | $5.1B | $4.5B | $3.9B | $4.3B | ||
| OPERATING EXPENSES | ||||||||||||
| Operating Expenses | $793.0M | $794.0M | $6.8B | $7.7B | $667.0M | $8.5B | $10.0B | $3.1B | $2.0B | $2.1B | ||
| Research & Development | $638.0M | $637.0M | $689.0M | $807.0M | $833.0M | $1.0B | $800.0M | $900.0M | $900.0M | $800.0M | ||
| Research Expense | $638.0M | $637.0M | $689.0M | $807.0M | $833.0M | $1.0B | $800.0M | -- | -- | -- | ||
| Selling, General & Administrative | $1.5B | $1.5B | $7.6B | $1.8B | $1.6B | $9.5B | $10.8B | $1.9B | $1.8B | $1.9B | ||
| Selling & Marketing Expenses | -- | -- | $6.1B | -- | $1.6B | $7.8B | $9.0B | -- | -- | -- | ||
| General & Administrative Expenses | $1.5B | $1.5B | $7.6B | $1.8B | $1.6B | $1.7B | $1.8B | $1.9B | $1.8B | $1.9B | ||
| Salaries & Wages | $-769.0M | $-742.0M | $-864.0M | $-993.0M | $-1.0B | $-1.2B | $-995.0M | -- | -- | -- | ||
| Depreciation & Amortization | $54.0M | $64.0M | $75.0M | $94.0M | $113.0M | $121.0M | $129.0M | $123.0M | $122.0M | $121.0M | ||
| Depreciation & Amortization | $54.0M | $64.0M | $75.0M | $94.0M | $113.0M | $121.0M | $129.0M | $123.0M | $122.0M | $121.0M | ||
| Amortization | $54.0M | $64.0M | $75.0M | $94.0M | $113.0M | $121.0M | $129.0M | $123.0M | $122.0M | $121.0M | ||
| Other Operating Expenses | $95.0M | $-10.0M | $-1.0M | $6.8B | $-3.0M | $-19.0M | $-54.0M | -- | -- | -- | ||
| OPERATING INCOME | ||||||||||||
| Operating income | $1.3B | $1.4B | $1.6B | $1.6B | $1.3B | $509.0M | $2.1B | $1.4B | $890.0M | $1.1B | ||
| EBITDA | $4.3B | $4.9B | $2.8B | $2.8B | $2.7B | $2.4B | $4.2B | $3.5B | $2.5B | $2.5B | ||
| NON-OPERATING ITEMS | ||||||||||||
| Interest Expense (Non-Operating) | $140.0M | $159.0M | $155.0M | $191.0M | $221.0M | $276.0M | $300.0M | $292.0M | $329.0M | $329.0M | ||
| Intinc | $21.0M | $32.0M | $45.0M | $38.0M | $21.0M | $15.0M | $11.0M | $15.0M | $38.0M | $47.0M | ||
| Net Non-Operating Interest Income/Expense | $-119.0M | $-127.0M | $-110.0M | $-153.0M | $-200.0M | $-261.0M | $-289.0M | $-277.0M | $-291.0M | $-282.0M | ||
| Gain on Sale of Securities | $80.0M | $-448.0M | $-121.0M | $-93.0M | -- | -- | -- | -- | -- | -- | ||
| Other Income/Expense | $-283.0M | $5.9B | $-280.0M | $-174.0M | $7.6B | $85.0M | $-249.0M | $636.0M | $-56.0M | $123.0M | ||
| Other Special Charges | $-96.0M | $-84.0M | $-81.0M | $-216.0M | $-155.0M | $-60.0M | $249.0M | $285.0M | $56.0M | $-123.0M | ||
| SPECIAL ITEMS | ||||||||||||
| Restructring And Mn A Income | -- | $77.0M | -- | -- | $439.0M | $827.0M | $-13.0M | $125.0M | $187.0M | $234.0M | ||
| Special Income Charges | -- | $-77.0M | -- | -- | $-439.0M | $-1.0B | $13.0M | $-414.0M | $-471.0M | $-407.0M | ||
| Impairment of Capital Assets | -- | -- | -- | -- | $-369.0M | $217.0M | -- | -- | -- | -- | ||
| PRE-TAX INCOME | ||||||||||||
| EBIT | $3.2B | $3.7B | $1.6B | $1.5B | $1.2B | $899.0M | $2.7B | $2.1B | $1.1B | $1.1B | ||
| Pre-Tax Income | $3.0B | $3.7B | $1.7B | $1.5B | $1.2B | $623.0M | $2.4B | $1.8B | $816.0M | $813.0M | ||
| INCOME TAX | ||||||||||||
| Tax Provision | $147.0M | $-3.0M | $2.2B | $437.0M | $256.0M | $111.0M | $491.0M | $411.0M | $168.0M | $221.0M | ||
| NET INCOME | ||||||||||||
| Net Income | $1.3B | $3.7B | $-497.0M | $1.1B | $960.0M | $512.0M | $1.9B | $1.3B | $581.0M | $506.0M | ||
| Net Income (Continuing Operations) | $1.3B | $3.7B | $-497.0M | $1.1B | $960.0M | $512.0M | $1.9B | $1.4B | $648.0M | $592.0M | ||
| Net Income (Discontinued Operations) | $1.3B | $3.7B | $-497.0M | $1.1B | $960.0M | $512.0M | $1.9B | $1.3B | $581.0M | $506.0M | ||
| Net Income (Common Stockholders) | $2.9B | $2.5B | $1.2B | $3.1B | $2.8B | $414.0M | $1.1B | $1.3B | $581.0M | $506.0M | ||
| Normalized Income | $2.2B | $9.4B | $1.1B | $346.4M | -- | $1.5B | -- | -- | -- | -- | ||
| TOTALS | ||||||||||||
| Total Expenses | $6.3B | $6.4B | $12.9B | $14.6B | $772.0M | $16.3B | $19.0B | $12.8B | $10.6B | $10.9B | ||
| SHARE & EPS DATA | ||||||||||||
| Average Shares Outstanding | $1.2B | $1.0B | $895.0M | $816.0M | $776.0M | $761.0M | $828.0M | $843.0M | $848.0M | $853.0M | ||
| Average Shares Outstanding (Diluted) | $1.3B | $1.1B | $895.0M | $941.0M | $899.0M | $772.0M | $844.0M | $857.0M | $859.0M | $869.0M | ||
| Shares Outstanding | $1.1B | $928.1M | $857.5M | $786.8M | $763.6M | $768.4M | $845.8M | $846.6M | $853.5M | $856.6M | ||
| Basic EPS | $1.02 | $3.53 | $-0.66 | $1.19 | $1.11 | $0.54 | $1.3 | $1.56 | $0.69 | $0.59 | ||
| Basic EPS (Continuing Operations) | $1.02 | $3.53 | $-0.66 | $1.19 | -- | $0.54 | $1.3 | $1.56 | $0.69 | $0.59 | ||
| Diluted EPS | $1 | $3.23 | $-0.66 | $1.13 | $1.07 | $0.54 | $1.28 | $1.54 | $0.68 | $0.58 | ||
| Diluted EPS (Continuing Operations) | $1 | $3.23 | $-0.66 | $1.13 | -- | $0.54 | $1.28 | $1.54 | $0.68 | $0.58 | ||
| Dividend Per Share | $0.36 | $0.54 | $0.62 | $0.72 | $0.80 | $0.88 | $0.96 | $1.08 | $1.12 | $1.12 | ||
| OTHER METRICS | ||||||||||||
| Accretion On Preferred Stock | -- | -- | -- | -- | -- | -- | $803.0M | -- | -- | -- | ||
| Accrued Preferred Stock Dividends | -- | $-98.0M | $98.0M | $-98.0M | $-98.0M | $98.0M | $24.0M | -- | -- | -- | ||
| Depletion | $19.0M | $20.0M | $13.0M | $14.0M | $16.0M | $24.0M | $28.0M | -- | -- | -- | ||
| Earnings from equity interest | $299.0M | $284.0M | $361.0M | $390.0M | $17.0M | $-25.0M | $35.0M | -- | -- | -- | ||
| Earnings From Equity Interest Net Of Tax | $299.0M | $284.0M | $361.0M | $390.0M | $17.0M | $-25.0M | $35.0M | -- | -- | -- | ||
| Gain On Sale Of P P E | -- | -- | -- | -- | $-376.0M | $-462.0M | -- | -- | -- | -- | ||
| Insurance And Claims | -- | -- | $6.1B | -- | -- | -- | -- | -- | -- | -- | ||
| Interest Expense Operating | -- | $-184.0M | $-178.0M | $-205.0M | $-248.0M | $-298.0M | $-287.0M | -- | -- | -- | ||
| Loss And Loss Adjustment Expected Incurred | $5.5B | -- | -- | -- | -- | -- | -- | -- | -- | -- | ||
| Marketing Expense | -- | -- | -- | -- | -- | $7.8B | $9.0B | -- | -- | -- | ||
| Minority Interests | $18.9B | $18.0B | $15.8B | $13.9B | $13.0B | $13.4B | $-29.0M | $-70.0M | $-67.0M | $-86.0M | ||
| Net Income From Other Gains Losses | $85.0M | $2.7B | -- | -- | -- | -- | -- | -- | -- | -- | ||
| Non Recurring Operation Expense | -- | -- | -- | -- | -- | $7.8B | $9.0B | -- | -- | -- | ||
| Other Gand A | $1.5B | $1.5B | $7.6B | $1.8B | $1.6B | $1.7B | $1.8B | $1.9B | $1.8B | $1.9B | ||
| Other Impairment Of Capital Assets | -- | $5.6B | -- | -- | -- | -- | -- | -- | -- | -- | ||
| Other Write Down | -- | $5.6B | -- | -- | $7.5B | -- | -- | -- | -- | -- | ||
| Other Write Off | -- | -- | -- | $6.8B | -- | -- | -- | -- | -- | -- | ||
| Otherunder Preferred Stock Dividend | -- | $-98.0M | $98.0M | $-98.0M | $-98.0M | $98.0M | $827.0M | -- | -- | -- | ||
| Preferred Stock Dividends | -- | $-98.0M | $98.0M | $-98.0M | $-98.0M | $98.0M | $827.0M | -- | -- | -- | ||
| Realized Capital Gain | -- | -- | -- | -- | $-107.0M | -- | -- | -- | -- | -- | ||
| Rent And Landing Fees | $94.0M | $105.0M | $135.0M | $156.0M | -- | -- | -- | -- | -- | -- | ||
| Selling Expense | -- | -- | $6.1B | -- | $1.6B | -- | -- | -- | -- | -- | ||
| Restruct | -- | $77.0M | -- | -- | $439.0M | $827.0M | $-13.0M | $125.0M | $187.0M | $234.0M | ||
Financial data is updated quarterly and may not reflect the most recent earnings.
| A | B | C | D | |
|---|---|---|---|---|
| 1 | Symbol | Price | Change | Vol |
| 2 | GLW | $79.16 | -0.5% | 7.31M |
| 3 | ||||
| 4 | ||||
| 5 | ||||
| 6 |