Corning Incorporated (GLW) is a Materials stock trading at $151.60 (as of 2026-08-20), with a market capitalization of $130.47B and a trailing P/E of 87.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment offers glass substrates for liquid crystal displays and organic light-emitting diodes used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, including cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. This segment also offers its products to businesses, governments, and individuals. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics, crystals, precision metrology instruments, software; as well as ultra-thin and ultra-flat glass wafers, substrates, tinted sunglasses, and radiation shielding products. This segment serves various industries, including mobile consumer electronics, semiconductor equipment optics and consumables; aerospace and defense optics; radiation shielding products, sunglasses, and telecommunications components. The company's Environmental Technologies segment offers ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products comprising consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware and equipment under the Corning, Falcon, Pyrex, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.
Corning makes specialized glass and engineered materials for display screens, optical communication networks, environmental and other industrial uses, and life sciences, selling these products and related hardware to customers worldwide.
Corning’s profit pool is structurally tied to its engineered glass content and product mix across its two largest end-markets, Display Technologies and Optical Communications, so changes in demand for consumer displays and telecommunications infrastructure tend to drive the direction of results.
| Optical | $1.7B |
| Display | $1.0B |
| Specialty | $0.6B |
| EnvTech | $0.5B |
| LifeSci | $0.3B |
Business quality (Solid): The business is diversified across multiple technology areas, but the underlying demand drivers span electronics display cycles and optical network buildouts, which can shift quickly.
Valuation: At 94× earnings, GLW trades 284% above the Steel Works average (24×). Note: one-time items can distort reported P/E.
| Price | $151.60 |
| Market Cap | $130.47B |
| P/E Ratio | 87.8 |
| EV / EBITDA | 29.6 |
| Price / Book | 10.57 |
| Price / Sales | 8.39 |
| DCF Value (model) | $24.99 |
| DCF Upside vs Price | -83.5% |
| Revenue (TTM) | $15.63B |
| Net Margin | 10.2% |
| Revenue Growth (YoY) | 19.1% |
| EPS Growth (YoY) | 216.9% |
| Altman Z-Score | 5.80 (safe) |
| Piotroski F-Score | 6/9 (moderate) |
| Stock P/E | 87.8 |
| Sector P/E (Materials) | 25.1 |
| Industry P/E (Steel Works) | 21.7 |
| vs Sector | 250.2% |
| vs Industry | 305.0% |
| Top Institutional Holder | BlackRock, Inc. ($9.07B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 10 |
| Sector | Materials |
| Industry | Steel Works |
| CEO | Wendell Weeks |
| Employees | 56,300 |
| Country | US |
| IPO Date | 1981-12-31 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.