Valuation, from the filing
| Public float | $45.00B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $52.45 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 28.2× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 2.9× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 3.7× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
28.2× earnings today, against a median of 26.0× across 9 years on record. In line with its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $45.00B | 28.2× | |
| 2024-06-30 | $33.00B | 65.2× | |
| 2023-06-30 | $30.00B | 51.6× | |
| 2022-06-30 | $26.00B | 19.8× | |
| 2021-06-30 | $35.00B | 18.4× | |
| 2020-06-30 | $19.00B | 37.1× | |
| 2019-06-30 | $25.00B | 26.0× | |
| 2018-06-30 | $22.00B | 20.6× | |
| 2016-06-30 | $21.00B | 5.7× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
CORNING INC /NY (GLW) reported revenue of $17.72B and net income of $2.15B for the fiscal year ended 2026-09-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from CORNING INC /NY’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Drawing & Insulating of Nonferrous Wire.
Income
| Metric | 2026-09-30 |
|---|---|
| Revenue | $17.72B |
| Cost of revenue | $11.26B |
| Gross profit | $6.46B |
| Operating income | $2.92B |
| Net income | $2.15B |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $2.82B |
| Income tax expense | $474.00M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $2.27B |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-09-30 |
|---|---|
| Cash & equivalents | $2.54B |
| Total assets | $34.13B |
| Current assets | $11.34B |
| Total liabilities | $19.84B |
| Current liabilities | $6.58B |
| Total equity incl. NCI | $14.29B |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | $3.65B |
| Accounts receivable | $3.10B |
| Goodwill | $2.48B |
| Long-term debt | $7.27B |
| Accounts payable | $2.49B |
Cash flow
| Metric | 2026-09-30 |
|---|---|
| Operating cash flow | $4.19B |
| Capital expenditures | Unavailable |
| Investing cash flow | -$1.48B |
| Financing cash flow | -$1.82B |
| Net change in cash | $903.00M |
| Stock-based compensation | $368.00M |
| Common dividends paid | $1.01B |
| Common share repurchases | Unavailable |
| Depreciation & amortization | Unavailable |
Derived
| Metric | 2026-09-30 |
|---|---|
| Free cash flow | Unavailable |
| Gross margin | 36.5% |
| Operating margin | 16.5% |
| FCF margin | Unavailable |
| SBC / revenue | 2.1% |
| Current ratio | 1.72x |
| Revenue YoY growth | 18.8% |
| Net margin | 12.1% |
| R&D / revenue | Unavailable |
| CapEx / revenue | Unavailable |
| Long-term debt / equity | 0.51x |
| Effective tax rate | 16.8% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open GLW in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.