CORNING INCGLW

Market cap

$75.7B

P/E ratio

	2010/12	2011/12	2012/12	2013/12	2014/12	2015/12	2016/12	2017/12	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12
Revenue	6,632	7,890	8,012	7,819	9,715	9,111	9,390	10,116	11,290	11,503	11,303	14,082	14,189	12,588	13,118
Revenue growth (%)	-
Cost of revenue	3,583	4,324	4,615	4,495	5,663	5,458	5,644	6,084	6,829	7,468	7,772	9,019	9,683	8,657	8,842
Gross profit	3,049	3,566	3,397	3,324	4,052	3,653	3,746	4,032	4,461	4,035	3,531	5,063	4,506	3,931	4,276
Gross margin (%)
Selling, general & administrative	1,015	1,033	1,165	1,126	1,211	1,523	1,472	1,467	1,799	1,585	1,747	1,827	1,898	1,843	1,931
Operating margin (%)
Operating income	1,801	1,694	1,321	1,371	1,931	1,322	1,391	1,630	1,575	1,306	509	2,112	1,438	890	1,135
Income before tax	-	-	-	-	-	-	-	1,657	1,503	1,216	623	2,397	1,797	816	813
Pretax margin (%)	-	-	-	-	-	-	-	16.4	13.3	10.6	5.5	17	12.7	6.5	6.2
Provision for income taxes	287	408	389	512	1,096	147	-3	2,154	437	256	111	491	411	168	221
Effective tax rate (%)	-	-	-	-	-	-	-
Net income	3,558	2,805	1,728	1,961	2,472	1,339	3,695	-497	1,066	960	512	1,906	1,386	648	592
Net income margin (%)
Earnings per share	2.28	1.8	1.16	1.35	1.82	1.02	3.53	-0.66	1.19	1.11	0.54	1.3	1.56	0.69	0.59
Diluted EPS	2.25	1.77	1.15	1.34	1.73	1	3.23	-0.66	1.13	1.07	0.54	1.28	1.54	0.68	0.58
Dividend payout ratio (%)
Dividend per share	0.2	0.23	0.32	0.39	0.52	0.36	0.54	0.62	0.72	0.8	0.88	0.96	1.08	1.12	1.12