• CORNING INC Financial Overview

  • Income Statement: GLW

      2007 2006 Change ( 2006 - 2007  )
    Net Sales/Revenues 5.86 B 5.17 B 686.00 M 11.71%
    Gross Profit 2.74 B 2.27 B 467.00 M 17.05%
    Net Income Before Extra Items/Preferred Div 2.15 B 1.86 B 295.00 M 13.72%
    Operating Income 1.26 B 898.00 M 364.00 M 28.84%
  • Cash Flow: GLW

      2007 2006 Change ( 2006 - 2007  )
    Net Cash Flow - Financing -539.00 M 180.00 M -719.00 M 133.40%
    Net Cash Flow - Investing 561.00 M 2.18 B -1.62 B -288.77%
    Net Cash Flow/Operating Activities 2.08 B 1.80 B 274.00 M 13.19%
  • Balance Sheet: GLW

      2007 2006 Change ( 2006 - 2007  )
    Total Assets 15.01 B 12.95 B 2.06 B 13.73%
    Total Liabilities 5.47 B 5.66 B -189.00 M -3.45%
    Shareholders Equity 9.50 B 7.25 B 2.25 B 23.69%
  • Key Ratios / Statistics: GLW

    • Valuation

      Price/Earnings (TTM) 17.90
      Price/Sales (TTM) 6.56
      Price/Book (MRQ) 2.65
      Price/Cash Flow (TTM) 10.81
    • Profitability

      Gross Margin 46.74
      Operating Margin 21.54
      Profit Margin 36.69
    • Dividends

      Dividend Paid (TTM) 0.20
      Payout Ratio % (TTM) 5.75
    • Financial Strength

      Quick Ratio (MRQ) 1.74
      Current Ratio (MRQ) 2.88
      Long Term Debt-to-Equity (MRQ) 10.77
    • Management Effectiveness

      Return on Equity (TTM) 25.03
      Return on Assets (TTM) 37.53
      Return on Investments (TTM) 21.94