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Income Statement
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Balance Sheet
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Cashflow Statement
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Profitability
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Ratios
Corning Incorporated's Income Statement
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$14.08 B | $14.19 B | $12.59 B | $13.12 B | $15.63 B |
| Cost of Revenue |
|
$9.02 B | $9.68 B | $8.66 B | $8.84 B | $10.12 B |
| Gross Profit |
|
$5.06 B | $4.51 B | $3.93 B | $4.28 B | $5.51 B |
| Research & Development |
|
$995.00 M | $1.05 B | $1.08 B | $1.09 B | $1.11 B |
| Selling,General & Administrative |
|
$1.83 B | $1.90 B | $1.84 B | $1.93 B | $2.07 B |
| Operating Expense |
|
$2.95 B | $3.07 B | $3.04 B | $3.14 B | $3.18 B |
| Operating Income |
|
$2.11 B | $1.44 B | $890.00 M | $1.14 B | $2.33 B |
| Net Income |
|
$1.91 B | $1.32 B | $581.00 M | $506.00 M | $1.60 B |
Corning Incorporated's Balance Sheet
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$2.15 B | $1.67 B | $1.78 B | $1.77 B | $1.53 B |
| Inventories |
|
$2.48 B | $2.90 B | $2.67 B | $2.72 B | $3.08 B |
| Total Current Assets |
|
$7.66 B | $7.45 B | $7.21 B | $7.99 B | $8.94 B |
| Property,Plant and Equipment |
|
$16.55 B | $16.21 B | $15.51 B | $14.16 B | $14.83 B |
| Goodwill |
|
$2.42 B | $2.39 B | $2.38 B | $2.36 B | $2.49 B |
| Total Assets |
|
$30.15 B | $29.50 B | $28.50 B | $27.74 B | $30.98 B |
| Total Liabilities |
|
$17.61 B | $17.22 B | $16.63 B | $16.67 B | $18.67 B |
| Retained Earnings |
|
$16.39 B | $16.78 B | $16.39 B | $15.93 B | $16.55 B |
| Total Shareholder Equity |
|
$12.33 B | $12.01 B | $11.55 B | $10.69 B | $11.81 B |
| Common Stock |
|
$907.00 M | $910.00 M | $916.00 M | $921.00 M | $924.00 M |
Corning Incorporated's Cash flow
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$1.48 B | $1.45 B | $1.37 B | $1.35 B | $1.35 B |
| Dividends Payout |
|
-$871.00 M | -$932.00 M | -$989.00 M | -$986.00 M | -$999.00 M |
| Capital Expenditures (Capex) |
|
-$1.64 B | -$1.60 B | -$1.39 B | -$965.00 M | -$1.28 B |
| Free Cash Flow (FCF) |
|
$1.78 B | $1.01 B | $615.00 M | $974.00 M | $1.41 B |
Corning Incorporated's Profitability
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$5.06 B | $4.51 B | $3.93 B | $4.28 B | $5.51 B |
| Gross Profit Margin (%) |
|
35.95% | 31.76% | 31.23% | 32.60% | 35.28% |
| Operating Income |
|
$2.11 B | $1.44 B | $890.00 M | $1.14 B | $2.33 B |
| Operating Income Margin (%) |
|
15.00% | 10.13% | 7.07% | 8.65% | 14.91% |
| Net Income |
|
$1.91 B | $1.32 B | $581.00 M | $506.00 M | $1.60 B |
| Net Income Margin (%) |
|
13.54% | 9.27% | 4.62% | 3.86% | 10.21% |
| EBITDA |
|
$4.21 B | $3.54 B | $2.51 B | $2.49 B | $3.74 B |
| EBITDA Margin (%) |
|
29.88% | 24.96% | 19.97% | 19.00% | 23.90% |
Corning Incorporated's Ratios
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
15.45% | 10.96% | 5.03% | 4.74% | 13.52% |
| Return on Assets (ROA) |
|
6.32% | 4.46% | 2.04% | 1.82% | 5.15% |
| Debt to Equity |
|
63.48% | 65.10% | 73.45% | 75.72% | 86.58% |
| Debt to total asset |
|
25.96% | 26.50% | 29.77% | 29.17% | 33.00% |
| Enterprise value to revenue |
|
2.59 | 2.33 | 2.58 | 3.57 | 5.26 |
| Enterprise value to EBITDA |
|
8.68 | 9.34 | 12.94 | 18.80 | 25.10 |
| Enterprise value |
|
$36.51 B | $33.07 B | $32.53 B | $46.86 B | $82.21 B |
| Tax Rate (%) |
|
20.24% | 22.87% | 20.59% | 27.18% | 15.11% |
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