Corning is a US specialist in glass, ceramics and optical technology. It is known for Gorilla Glass, the protective glass for smartphones. Other areas are fiber optic cables for networks and data centers, display glass, emissions ceramics for cars and lab products. As of Oct 11, 2026
As of Oct 11, 2026Fact sheet (from the annual report)Nonferrous wire and cable · Corning, USAfull fact sheet
Based on glass and ceramics science and optical physics, Corning develops materials for communications, displays, consumer electronics, cars and life sciences. Optical Communications supplies optical fiber, cable and connectivity for telecommunications networks and data centers. The Display segment makes glass substrates for flat panel displays, used mainly in TVs, notebooks, monitors, tablets and handheld devices. Specialty Materials supplies chemically strengthened thin glass as cover glass for mobile phones, tablets, laptops and smartwatches as well as optics for the semiconductor industry. Automotive makes ceramic substrates and filters for emissions control and technical glass for vehicles. Life Sciences supplies lab products to researchers and drug makers.
Our own calculation from the exchange’s daily candles, as of Oct 26, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
Pullback in trend · Analysis method
This method currently detects no pattern for GLW. The check runs daily after the close.
You see new patterns immediately from Watcher, on the free plan 2 days after they form. Plans and pricing
What does the pattern show?
What is this? In an intact uptrend (price above the 200-day line, 50-day line rising), the price pulls back to the 50-day line after a rise and closes back above it.
SEC filing (10-K, 10-Q)Required reports of listed companies to the US Securities and Exchange Commission (SEC): 10-K is the annual report, 10-Q the quarterly report, 20-F the annual report of foreign companies. We show the figures of the first filing.Example: 10-K for the fiscal year ending Sep 27, 2025, filed on Oct 31, 2025.More in the Academy: Lesson revenue, profit and margin
Corning Inc. · Sector Technology · amounts in USD
Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Feb 12, 2026.
Quality checks
Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.
✓met: Profit in each of the last 5 fiscal years5 of 5
✓met: Free cash flow positive in each of the last 3 fiscal years3 of 3
✓met: Equity ratio above 30%38.1%
Gross margin
36.0%Fiscal year 2025
All26weak
Rank 26 of 100: higher than 26% of 153 peers (All). weak.
Sector18weak
Rank 18 of 100: higher than 18% of 57 peers (Sector). weak.
Median Technology: 56.1%
Share of revenue left after the direct cost of the products sold.
Operating margin
14.6%Fiscal year 2025
All47medium
Rank 47 of 100: higher than 47% of 192 peers (All). medium.
Sector51medium
Rank 51 of 100: higher than 51% of 60 peers (Sector). medium.
Median Technology: 14.2%
Operating income divided by revenue: what the core business earns before interest and taxes.
Net margin
10.2%Fiscal year 2025
All39medium
Rank 39 of 100: higher than 39% of 237 peers (All). medium.
Sector42medium
Rank 42 of 100: higher than 42% of 63 peers (Sector). medium.
Median Technology: 12.5%
Profit after all costs, interest and taxes divided by revenue.
Return on equity
13.5%Fiscal year 2025
All42medium
Rank 42 of 100: higher than 42% of 218 peers (All). medium.
Sector50medium
Rank 50 of 100: higher than 50% of 61 peers (Sector). medium.
Median Technology: 13.5%
Net income divided by equity at fiscal year end.
Return on assets
5.2%Fiscal year 2025 (total assets at year end)
All46medium
Rank 46 of 100: higher than 46% of 238 peers (All). medium.
Sector47medium
Rank 47 of 100: higher than 47% of 63 peers (Sector). medium.
Median Technology: 5.9%
Net income divided by total assets at fiscal year end.
Equity ratio
38.1%Fiscal year 2025
All53medium
Rank 53 of 100: higher than 53% of 239 peers (All). medium.
Sector31weak
Rank 31 of 100: higher than 31% of 63 peers (Sector). weak.
Median Technology: 51.6%
Equity as a share of total assets. Usually low for banks.
Free cash flow margin
9.0%Fiscal year 2025
All40medium
Rank 40 of 100: higher than 40% of 213 peers (All). medium.
Sector38medium
Rank 38 of 100: higher than 38% of 62 peers (Sector). medium.
Median Technology: 19.0%
Free cash flow divided by revenue.
Free cash flow
1.4B USDFiscal year 2025
Operating cash flow minus capital expenditure on property and equipment.
Growth 5 of 6 met · 1 without data
✗not met: Over 3 years, revenue grew by more than 5% per year+3.3%
✓met: Over 5 years, revenue grew by more than 5% per year+6.7%
–no data: Over 10 years, revenue grew by more than 5% per yearno comparable figures over 10 years
✓met: Over 3 years, EPS grew by more than 5% per year+5.9%
✓met: Over 5 years, EPS grew by more than 5% per year+27.6%
✓met: Revenue rose in at least 4 of the last 5 fiscal years4 of 5
✓met: Revenue rose in the last fiscal year+19.1%
Revenue growth 3 years
+3.3%per year
All27weak
Rank 27 of 100: higher than 27% of 230 peers (All). weak.
Sector21weak
Rank 21 of 100: higher than 21% of 59 peers (Sector). weak.
Median Technology: +14.3%
Average growth per year over 3 fiscal years.
Revenue growth 5 years
+6.7%per year
All27weak
Rank 27 of 100: higher than 27% of 217 peers (All). weak.
Sector21weak
Rank 21 of 100: higher than 21% of 54 peers (Sector). weak.
Median Technology: +14.5%
Average growth per year over 5 fiscal years.
EPS growth 3 years
+5.9%per year
All33medium
Rank 33 of 100: higher than 33% of 157 peers (All). medium.
Sector27weak
Rank 27 of 100: higher than 27% of 32 peers (Sector). weak.
Median Technology: +19.2%
Growth of earnings per share per year, adjusted for stock splits.
EPS growth 5 years
+27.6%per year
All79strong
Rank 79 of 100: higher than 79% of 146 peers (All). strong.
Sector72strong
Rank 72 of 100: higher than 72% of 34 peers (Sector). strong.
Median Technology: +17.0%
Growth of earnings per share per year, adjusted for stock splits.
EPS growth 10 years
+6.2%per year
All34medium
Rank 34 of 100: higher than 34% of 140 peers (All). medium.
Sector17weak
Rank 17 of 100: higher than 17% of 27 peers (Sector). weak.
Median Technology: +17.5%
Growth of earnings per share per year, adjusted for stock splits.
Dividend 6 of 7 met
✓met: Pays a dividend1.12 USD
✗not met: Payout ratio at most 60% of earnings61%
✓met: Dividend paid in each of the last 5 fiscal years5 of 5
✓met: Dividend per share never lowered in the last 5 fiscal yearsDividend per share as filed with the SEC, including special dividends; a one-off higher prior year does not count as a cut.never
✓met: Dividend per share higher than 5 years ago+4.9%
✓met: Free cash flow per share covers the dividend1.4x
✓met: Dividends paid over the last 5 years covered by free cash flow80% of free cash flow
Payout ratio
61%Fiscal year 2025
Dividend per share divided by earnings per share.
Dividend growth 5 years
+4.9%per year
All22weak
Rank 22 of 100: higher than 22% of 118 peers (All). weak.
Sector21weak
Rank 21 of 100: higher than 21% of 21 peers (Sector). weak.
Median Technology: +11.2%
Growth of the dividend per share per year.
Free cash flow coverage
1.4xFiscal year 2025
Free cash flow per share divided by dividend per share. From 1x the dividend is covered.
Financial strength 5 of 6 met
✓met: Piotroski F-Score at least 7 of 97 of 9
✓met: Long-term debt no higher than equity0.65
✓met: Current assets cover current liabilities1.59
✓met: Positive equity11.8B USD
✗not met: In 5 years, share count up by at most 5%+12.8%
✓met: Free cash flow positive in the last fiscal year1.4B USD
Piotroski F-Score
7 of 9Fiscal year 2025
All72strong
Rank 72 of 100: higher than 72% of 134 peers (All). strong.
Sector70strong
Rank 70 of 100: higher than 70% of 44 peers (Sector). strong.
Median Technology: 6.0 of 9
Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.
Debt / equity
0.65at fiscal year end
All49medium
Rank 49 of 100: lower than 49% of 199 peers (All). medium.
Sector40medium
Rank 40 of 100: lower than 40% of 54 peers (Sector). medium.
Median Technology: 0.41
Long-term financial debt divided by equity.
Liquidity (current ratio)
1.59at fiscal year end
All58medium
Rank 58 of 100: higher than 58% of 215 peers (All). medium.
Sector36medium
Rank 36 of 100: higher than 36% of 63 peers (Sector). medium.
Median Technology: 2.02
Current assets divided by current liabilities.
Change in share count
+12.8%in 5 years
All25weak
Rank 25 of 100: lower than 25% of 199 peers (All). weak.
Sector36medium
Rank 36 of 100: lower than 36% of 51 peers (Sector). medium.
Median Technology: +2.8%
Change in diluted share count. Negative = share buybacks, positive = new shares.
The 9 criteria of the Piotroski F-Score
✓met: Profit in the last fiscal year (positive return on assets)
✓met: Positive operating cash flow
✓met: Return on assets higher than the prior year
✓met: Operating cash flow higher than net income
✓met: Long-term debt relative to total assets fell
✗not met: Liquidity (current assets / current liabilities) rose
✗not met: No additional shares (diluted share count did not rise)
✓met: Gross margin higher than the prior year
✓met: Revenue relative to total assets higher than the prior year
Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.
Price-based criteria (P/E, dividend yield) are shown to signed-in users.
Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.
In short
Light yellow: Revenue grew over 5 years (+6.7% per year), more slowly than the sector median.
Light green: Net income (total) grew over 5 years (+25.5% per year), at least as fast as the sector median; per share +27.6% per year.
Light yellow: Net margin 10.2%, below the sector median (12.5%).
Light yellow: Debt higher than usual in the sector.
Light yellow: Profit in 9 of 10 fiscal years.
Light yellow: High payout ratio (61% of earnings).
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
RevenueNet incomeNet margin (below)in USD
−5B05B10B15B20B
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Revenue 9.4B USD · Net income 3.7B USD · Net margin 39.4%
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Revenue 10.1B USD · Net income −497.0M USD · Net margin −4.9%
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Revenue 11.3B USD · Net income 1.1B USD · Net margin 9.4%
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Revenue 11.5B USD · Net income 960.0M USD · Net margin 8.3%
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Revenue 11.3B USD · Net income 512.0M USD · Net margin 4.5%
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Revenue 14.1B USD · Net income 1.9B USD · Net margin 13.5%
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Revenue 14.2B USD · Net income 1.3B USD · Net margin 9.3%
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Revenue 12.6B USD · Net income 581.0M USD · Net margin 4.6%
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Revenue 13.1B USD · Net income 506.0M USD · Net margin 3.9%
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 15.6B USD · Net income 1.6B USD · Net margin 10.2%
Margin
39%−5%9%8%5%14%9%5%4%10%
RevenueNet incomeNet margin (below)in USD
−2B02B4B6B
Q3/23Quarter Q3/23 (Jul 1, 2023 – Sep 30, 2023): Revenue 3.2B USD · Net income 164.0M USD · Net margin 5.2%
Q4/23Quarter Q4/23 (Oct 1, 2023 – Dec 31, 2023): Revenue 3.0B USD · Net income −40.0M USD · Net margin −1.3% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Revenue 3.0B USD · Net income 209.0M USD · Net margin 7.0%
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Revenue 3.3B USD · Net income 104.0M USD · Net margin 3.2%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 30, 2024): Revenue 3.4B USD · Net income −117.0M USD · Net margin −3.5%
Q4/24Quarter Q4/24 (Oct 1, 2024 – Dec 31, 2024): Revenue 3.5B USD · Net income 310.0M USD · Net margin 8.9% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 31, 2025): Revenue 3.5B USD · Net income 157.0M USD · Net margin 4.5%
Q2/25Quarter Q2/25 (Apr 1, 2025 – Jun 30, 2025): Revenue 3.9B USD · Net income 469.0M USD · Net margin 12.1%
Q3/25Quarter Q3/25 (Jul 1, 2025 – Sep 30, 2025): Revenue 4.1B USD · Net income 430.0M USD · Net margin 10.5%
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Revenue 4.2B USD · Net income 540.0M USD · Net margin 12.8% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Revenue 4.1B USD · Net income 371.0M USD · Net margin 9.0%
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Revenue 4.5B USD · Net income 559.0M USD · Net margin 12.4%
Margin
5%−1%7%3%−3%9%5%12%10%13%9%12%
Earnings per shareUSD per share
−1.0001.002.003.004.00
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Earnings per share 3.23 USD
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Earnings per share −0.66 USD
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Earnings per share 1.13 USD
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Earnings per share 1.07 USD
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Earnings per share 0.54 USD
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Earnings per share 1.28 USD
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Earnings per share 1.54 USD
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Earnings per share 0.68 USD
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Earnings per share 0.58 USD
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Earnings per share 1.83 USD
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Earnings per share not reported separately for Q4
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Earnings per share 0.43 USD
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Earnings per share 0.64 USD
Dividend per sharePayout ratio (below)USD per share
00.501.001.50
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Dividend per share 0.54 USD · Payout ratio 16.7%
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Dividend per share 0.62 USD · Payout ratio not available
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Dividend per share 0.72 USD · Payout ratio 63.7%
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Dividend per share 0.80 USD · Payout ratio 74.8%
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Dividend per share 0.88 USD · Payout ratio 163.0%
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Dividend per share 0.96 USD · Payout ratio 75.0%
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Dividend per share 1.08 USD · Payout ratio 70.1%
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Dividend per share 1.12 USD · Payout ratio 164.7%
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Dividend per share 1.12 USD · Payout ratio 193.1%
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Dividend per share 1.12 USD · Payout ratio 61.2%
Ratio
17%64%75%163%75%70%165%193%61%
Dividend per sharePayout ratio (below)USD per share
00.200.400.60
Q3/23Quarter Q3/23 (Jul 1, 2023 – Sep 30, 2023): Dividend per share not available · Payout ratio not available
Q4/23Quarter Q4/23 (Oct 1, 2023 – Dec 31, 2023): Dividend per share not available · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Dividend per share 0.28 USD · Payout ratio 116.7%
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Dividend per share 0.56 USD · Payout ratio 466.7%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 30, 2024): Dividend per share not available · Payout ratio not available
Q4/24Quarter Q4/24 (Oct 1, 2024 – Dec 31, 2024): Dividend per share not available · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 31, 2025): Dividend per share 0.28 USD · Payout ratio 155.6%
Q2/25Quarter Q2/25 (Apr 1, 2025 – Jun 30, 2025): Dividend per share 0.56 USD · Payout ratio 103.7%
Q3/25Quarter Q3/25 (Jul 1, 2025 – Sep 30, 2025): Dividend per share not available · Payout ratio not available
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Dividend per share not available · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Dividend per share 0.28 USD · Payout ratio 65.1%
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Dividend per share 0.56 USD · Payout ratio 87.5%
Ratio
117%467%156%104%65%88%
Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 15.6B USD · Net income 1.6B USD · Net margin 10.2%
Figures over time
Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.
Money flow in fiscal year 2025
Of 100 USD of revenue, 36.0 USD gross profit, 14.6 USD operating income and 10.2 USD net income remained.
2016Fiscal year 2016: Operating cash flow 2.5B USD · Capital expenditure not available · Free cash flow not available
2017Fiscal year 2017: Operating cash flow 2.0B USD · Capital expenditure not available · Free cash flow not available
2018Fiscal year 2018: Operating cash flow 2.9B USD · Capital expenditure 2.2B USD · Free cash flow 677.0M USD
2019Fiscal year 2019: Operating cash flow 2.0B USD · Capital expenditure 2.0B USD · Free cash flow 53.0M USD
2020Fiscal year 2020: Operating cash flow 2.2B USD · Capital expenditure 1.4B USD · Free cash flow 803.0M USD
2021Fiscal year 2021: Operating cash flow 3.4B USD · Capital expenditure 1.6B USD · Free cash flow 1.8B USD
2022Fiscal year 2022: Operating cash flow 2.6B USD · Capital expenditure 1.6B USD · Free cash flow 1.0B USD
2023Fiscal year 2023: Operating cash flow 2.0B USD · Capital expenditure 1.4B USD · Free cash flow 615.0M USD
2024Fiscal year 2024: Operating cash flow 1.9B USD · Capital expenditure 965.0M USD · Free cash flow 974.0M USD
2025Fiscal year 2025: Operating cash flow 2.7B USD · Capital expenditure 1.3B USD · Free cash flow 1.4B USD
Share count
The share count rose in 5 years by 12.8% – more new shares were issued than repurchased (dilution).
Diluted share count
0500M1B1.5B
2016Fiscal year 2016: Diluted share count 1.1B
2017Fiscal year 2017: Diluted share count 895.0M
2018Fiscal year 2018: Diluted share count 941.0M
2019Fiscal year 2019: Diluted share count 899.0M
2020Fiscal year 2020: Diluted share count 772.0M
2021Fiscal year 2021: Diluted share count 844.0M
2022Fiscal year 2022: Diluted share count 857.0M
2023Fiscal year 2023: Diluted share count 859.0M
2024Fiscal year 2024: Diluted share count 869.0M
2025Fiscal year 2025: Diluted share count 871.0M
From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.
Dividends and share repurchases
How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.
Dividend per share
1.12USD · Fiscal year 2025
Dividend growth per year
3 y+1.2%5 y+4.9%10 y–
Years without a cut
at least 10as far as the data goes
Payout ratio
of earnings61%of free cash flow69%
To shareholders (5 years)
5.5B USD15% through repurchases
Share count over 5 years
+12.8%more shares – dilution
Dividend per share
The dividend per share rose in 5 years from 0.88 USD to 1.12 USD.
Dividend per shareUSD per sharePer share as filed with the SEC, including special dividends; obvious filing errors are hidden.
00.501.001.50
2016Fiscal year 2016: Dividend per share 0.54 USD
2017Fiscal year 2017: Dividend per share 0.62 USD
2018Fiscal year 2018: Dividend per share 0.72 USD
2019Fiscal year 2019: Dividend per share 0.80 USD
2020Fiscal year 2020: Dividend per share 0.88 USD
2021Fiscal year 2021: Dividend per share 0.96 USD
2022Fiscal year 2022: Dividend per share 1.08 USD
2023Fiscal year 2023: Dividend per share 1.12 USD
2024Fiscal year 2024: Dividend per share 1.12 USD
2025Fiscal year 2025: Dividend per share 1.12 USD
Payout ratios
The payout ratio fell in 5 years from 163.0% to 61.2%.
Payout ratio (earnings)Payout ratio (free cash flow)Ratios above 500% hidden (earnings or free cash flow close to zero).
0%50%100%150%200%
2016Fiscal year 2016: Payout ratio (earnings) 16.7% · Payout ratio (free cash flow) not available
2017Fiscal year 2017: Payout ratio (earnings) not available · Payout ratio (free cash flow) not available
2018Fiscal year 2018: Payout ratio (earnings) 63.7% · Payout ratio (free cash flow) 87.1%
2019Fiscal year 2019: Payout ratio (earnings) 74.8% · Payout ratio (free cash flow) not available
2020Fiscal year 2020: Payout ratio (earnings) 163.0% · Payout ratio (free cash flow) 84.8%
2021Fiscal year 2021: Payout ratio (earnings) 75.0% · Payout ratio (free cash flow) 45.7%
2022Fiscal year 2022: Payout ratio (earnings) 70.1% · Payout ratio (free cash flow) 91.6%
2023Fiscal year 2023: Payout ratio (earnings) 164.7% · Payout ratio (free cash flow) 157.4%
2024Fiscal year 2024: Payout ratio (earnings) 193.1% · Payout ratio (free cash flow) 99.7%
2025Fiscal year 2025: Payout ratio (earnings) 61.2% · Payout ratio (free cash flow) 68.7%
What goes back to shareholders
Over 5 years, 5.5B USD went back to shareholders, 15% of it through share repurchases. That is 95% of the free cash flow of those years.
Dividends paidShare repurchasesNew shares issued (including employee plans)Free cash flowin USDDividends partly reported as declared rather than paid.
02B4B6B
2016Fiscal year 2016: Dividends paid not available · Share repurchases 4.2B USD · New shares issued (including employee plans) not available · Free cash flow not available
2017Fiscal year 2017: Dividends paid 556.0M USD · Share repurchases 2.5B USD · New shares issued (including employee plans) not available · Free cash flow not available
2018Fiscal year 2018: Dividends paid 590.0M USD · Share repurchases 2.2B USD · New shares issued (including employee plans) not available · Free cash flow 677.0M USD
2019Fiscal year 2019: Dividends paid 625.0M USD · Share repurchases 940.0M USD · New shares issued (including employee plans) not available · Free cash flow 53.0M USD
2020Fiscal year 2020: Dividends paid 681.0M USD · Share repurchases 105.0M USD · New shares issued (including employee plans) not available · Free cash flow 803.0M USD
2021Fiscal year 2021: Dividends paid 812.0M USD · Share repurchases 274.0M USD · New shares issued (including employee plans) not available · Free cash flow 1.8B USD
2022Fiscal year 2022: Dividends paid 926.0M USD · Share repurchases 221.0M USD · New shares issued (including employee plans) not available · Free cash flow 1.0B USD
2023Fiscal year 2023: Dividends paid 968.0M USD · Share repurchases not available · New shares issued (including employee plans) not available · Free cash flow 615.0M USD
2024Fiscal year 2024: Dividends paid 971.0M USD · Share repurchases 165.0M USD · New shares issued (including employee plans) not available · Free cash flow 974.0M USD
2025Fiscal year 2025: Dividends paid 971.0M USD · Share repurchases 163.0M USD · New shares issued (including employee plans) not available · Free cash flow 1.4B USD
Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.
Valuation over time
Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users.Log in
Sector comparison
Corning Inc. next to 8 stocks of the sector Technology we cover that are closest in revenue. Click a column header to sort the table.
Sector comparison GLW, sector Technology; last row: sector median
Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).
Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.
Key figures with traffic lights
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 97 symbols in the Technology sector on our list (current members of the S&P 500 and other lists).
Revenue growth
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light yellow: below sector
+6.7%per year, last 5 years
Sector Technology: median +13.5% (88 symbols)
What does this mean? Revenue: over 5 years it grew by 6.7% per year on average, but more slowly than the median company in the sector (+13.5%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
Net income (total)
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light green: above sector
+25.5%per year, last 5 years
Sector Technology: median +13.3% (62 symbols)
per share: +27.6% per year (5 years, split-adjusted)
What does this mean? Total net income: over 5 years it grew by 25.5% per year on average – at least as fast as the median company in the sector (+13.3%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
What does this mean? Of every 100 USD in revenue, 10.21 USD remained as profit – less than the median company in the sector (12.5%). Five years ago the margin was 4.5%.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
Debt / equity
Debt-to-equity ratioFinancial debt (loans, bonds) divided by equity. A high value amplifies good and bad years alike. The key figures bar in the chart only uses long-term financial debt.Example: Financial debt €300m, equity €500m → 0.6.More in the Academy: Lesson debt, dividends and growth
Light yellow: higher than sector
0.62latest balance sheet
Sector Technology: median 0.45 (79 symbols)
What does this mean? For every 1 USD of equity there is 0.62 USD of financial debt – more than the median company in the sector (0.45). More debt amplifies good and bad years alike.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
Payout ratio
Payout ratioThe share of profit that a company pays out as a dividend. Above 100% it pays out more than it earns.Example: Dividend €1, earnings per share €2.50 → payout ratio 40%.More in the Academy: Lesson debt, dividends and growth
Light yellow: high
61%Dividend / earnings per share
Sector Technology: median 30% (36 symbols)
What does this mean? Of every 1 USD of earnings per share, 0.61 USD went to shareholders as a dividend. Little buffer remains for weaker years. Median company in the sector: 30%.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
Profitable years
Profitable yearsHow many of the last fiscal years ended with a profit rather than a loss on the bottom line. The figure shows how consistently a company earns.Example: Profit in 9 of 10 years → one loss year.More in the Academy: Lesson revenue, profit and margin
Light yellow: 1 loss year
9 of 10fiscal years with a profit
What does this mean? In 9 of the last 10 fiscal years the bottom line showed a profit. One year ended with a loss.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
Last fiscal year and 13F
Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
15.6B USD
Revenue vs. prior year
+19.1%
Net income (FY)
1.6B USD
Net income vs. prior year
+215.4%
EPS (FY)
1.83 USD
13F funds with a position
1 of 9
Funds vs. prior quarter
−2
Shares held vs. prior quarter
−98.7%
Fiscal year to Dec 31, 2025 · 10-K filed Feb 12, 2026 · Balance sheet Jun 30, 2026 (filed Jul 29, 2026) · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term).13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
Year
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
2025
Dec 31, 2025
15.6B
1.6B
10.2%
1.83
1.12
61%
2024
Dec 31, 2024
13.1B
506.0M
3.9%
0.58
1.12
193%
2023
Dec 31, 2023
12.6B
581.0M
4.6%
0.68
1.12
165%
2022
Dec 31, 2022
14.2B
1.3B
9.3%
1.54
1.08
70%
2021
Dec 31, 2021
14.1B
1.9B
13.5%
1.28
0.96
75%
2020
Dec 31, 2020
11.3B
512.0M
4.5%
0.54
0.88
163%
2019
Dec 31, 2019
11.5B
960.0M
8.3%
1.07
0.80
75%
2018
Dec 31, 2018
11.3B
1.1B
9.4%
1.13
0.72
64%
2017
Dec 31, 2017
10.1B
−497.0M
−4.9%
−0.66
0.62
–
2016
Dec 31, 2016
9.4B
3.7B
39.4%
3.23
0.54
17%
Quarters (amounts in USD, per share in USD)
Quarter
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
Q2/26
Jun 30, 2026
4.5B
559.0M
12.4%
0.64
0.56
88%
Q1/26
Mar 31, 2026
4.1B
371.0M
9.0%
0.43
0.28
65%
Q4/25*
Dec 31, 2025
4.2B
540.0M
12.8%
–
–
–
Q3/25
Sep 30, 2025
4.1B
430.0M
10.5%
0.50
–
–
Q2/25
Jun 30, 2025
3.9B
469.0M
12.1%
0.54
0.56
104%
Q1/25
Mar 31, 2025
3.5B
157.0M
4.5%
0.18
0.28
156%
Q4/24*
Dec 31, 2024
3.5B
310.0M
8.9%
–
–
–
Q3/24
Sep 30, 2024
3.4B
−117.0M
−3.5%
−0.14
–
–
Q2/24
Jun 30, 2024
3.3B
104.0M
3.2%
0.12
0.56
467%
Q1/24
Mar 31, 2024
3.0B
209.0M
7.0%
0.24
0.28
117%
Q4/23*
Dec 31, 2023
3.0B
−40.0M
−1.3%
–
–
–
Q3/23
Sep 30, 2023
3.2B
164.0M
5.2%
0.19
–
–
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
Insiders
Insider transactionsExecutives, directors and major shareholders (over 10%) of US companies report their own transactions in their company’s stock to the SEC within two business days (Form 4). Purchases in the market count as more meaningful than sales (often taxes, estate planning).Example: Three executives acquire stock worth a total of 2 million USD within two weeks → “purchases by several insiders”.More in the Academy: Glossary
May 22, 2026Amin JayminOfficerOpen-market sale27,395 shares · $5.3M · SEC
May 15, 2026Nelson Avery H IIIOfficerOpen-market sale20,000 shares · $3.9M · SEC
May 13, 2026Verkleeren Ronald LOfficerOpen-market sale10,000 shares · $2.1M · SEC
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
Trend score -15
Price vs. EMA 50-15
Price vs. EMA 200-15
EMA 50 vs. EMA 200+20
ADX (trend strength)+0
Highs and lows+10
Relative strength-15
Volatility and trend strength
ADX 14 (trend strength)24.1
Rel. strength 60 d−9.8%
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.
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