Corning (NYSE: GLW) → Stocks, dividends, news, and other information

Corning

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Corning, Inc. develops and manufactures specialty glass and ceramics. It provides glass for notebook computers, flat panel desktop monitors, display televisions, and other information display applications; carrier network and enterprise network products for the telecommunications industry; ceramic substrates for gasoline and diesel engines in automotive and heavy duty vehicle markets; laboratory products for the scientific community and specialized polymer products for biotechnology applications; advanced optical materials for the semiconductor industry and the scientific community; and other technologies. It operates through the following five business segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials and Life Sciences. The Display Technologies segment manufactures glass substrates for high performance displays, including organic light-emitting diode and liquid crystal displays that are used primarily in televisions, notebook computers and flat panel desktop monitors. The Optical Communications segment is classified into two main product groupings: carrier and enterprise network. The carrier network group consists primarily of products and solutions for optical-based communications infrastructure for services such as video, data and voice communications. The enterprise network group consists primarily of optical-based communication networks sold to businesses, governments and individuals for their own use. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile and stationary applications around the world. The Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics and fluoride crystals to meet demand for unique customer needs. The Life Sciences segment develops, manufactures and supplies scientific laboratory products. The company was founded by Amory Houghton Sr. in 1851 and is headquartered in Corning, NY.

  • GLW Symbol
  • NYSE Exchange
  • 51,500 Employees
7 rated
  • $35.56, +$0.09 (+0.25%) Previous Close
  • 2,785,555 Previous Volume
  • $17.44 / $35.83 52 week low / high
  • -0.75% Percent off 52 week high
  • 2020-10-23 Updated
  • 2.42% Dividend yield (trailing)
  • 2.47% Dividend yield (forward)
  • 758,617,216 Public float
  • 760,948,000 Outstanding shares
  • 273.54 P/E
  • 26.99 B Market Cap
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Financial statements

The information is not 100% up-to-date. There may be errors or something missing. Often something is missing, there are almost no errors, but I can't rule them out. Now I'm looking for a supplier of high-quality information, but so far what I find is expensive (about $ 2000 a year).
2015 2016 2017 2018 2019
Total Revenue 9.1B 9.4B 10B 11B 12B
Cost Of Revenue 5.6B 5.8B 6.3B 7.1B 7.8B
Gross Profit 3.4B 3.6B 3.8B 4.2B 3.7B
Research and Development 640M 640M 690M 810M 830M
Selling General and Admin 1.5B 1.5B 1.5B 1.8B 1.6B
Operating Expense 7.8B 7.9B 8.5B 9.7B 10B
Operating Income 1.3B 1.5B 1.6B 1.6B 1.3B
Other Income Expense Net 200M 2.2B 16M -77M -79M
EBIT 1.3B 1.5B 1.6B 1.6B 1.3B
Interest Income 140M 160M 160M 190M 220M
Pretax Income 1.5B 3.7B 1.7B 1.5B 1.2B
Income Tax 150M -3M 2.2B 440M 260M
Minority Interest 0 0 0 0 0
Net Income 1.3B 3.7B -500M 1.1B 960M
Net Income Basic 1.2B 3.6B -600M 970M 860M
2015 2016 2017 2018 2019
Current cash 4.5B 5.3B 4.3B 2.4B 2.4B
Short term investments 100M
Receivables 1.4B 1.5B 1.8B 1.9B 1.8B
Inventory 1.4B 1.5B 1.7B 2B 2.3B
Other current assets 910M 810M 990M 700M 870M
Current assets 8.3B 9B 8.8B 7B 7.5B
Long term investments 2.4B 480M 410M 420M 430M
Property plant equipment 13B 13B 14B 15B 16B
Goodwill 1.4B 1.6B 1.7B 1.9B 1.9B
Intangible assets 710M 800M 870M 1.3B 1.2B
Other assets 1B 1.1B 870M 980M 890M
Total assets 29B 28B 27B 28B 29B
Accounts payable 930M 1.1B 1.4B 1.5B 1.6B
Current long term debt 91M 260M 380M 4M 11M
Other current liabilities 1.3B 1.3B 1.2B 1.7B 1.7B
Total current liabilities 2.8B 2.8B 3.2B 3.3B 3.5B
Long term debt 3.9B 3.6B 4.7B 6B 8.2B
Other liabilities 1.8B 1.5B 2B 2.2B 2B
Minority Interest 0 0 0 0 0
Total Liabilities 9.7B 9.9B 12B 14B 16B
Common stock 1.1B 930M 860M 790M 760M
Retained earning 14B 17B 16B 16B 16B
Treasury stock 2.5M 2.5M 2.1M 2.3M 2.5M
Capital surplus 13B 14B 14B 14B 14B
Shareholder equity 19B 18B 16B 14B 13B
Net tangible assets 8.6B 7.1B 4.5B 1.6B -1.1B
2015 2016 2017 2018 2019
Net Income 1.3B 3.7B -500M 1.1B 960M
Depreciation 1.2B 1.2B 1.2B 1.3B 1.5B
Changes in receivables -110M -330M -130M 100M
Changes in inventories -77M -68M -170M -350M -300M
Cash change -810M 790M -970M -2B 79M
Cash flow 2.8B 2.5B 2B 2.9B 2B
Capital expenditures -1.3B -1.1B -1.8B -2.3B -2B
Investments 630M 4.9B 29M
Investing activity other -1M -48M -39M -48M
Total investing cash flows -690M 3.7B -1.7B -2.9B -1.9B
Dividends paid -680M -650M -650M -690M -740M
Net borrowings 1.2B -570M 1.2B 860M 1.5B
Other financing cash flows -9M 1M -16M -20M 46M
Cash flow financing -2.6B -5.3B -1.6B -2B -47M
Exchange rate effect -330M -86M 360M 1M -14M
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