Corning Incorporated

Corning Incorporatedverified

GLW

Price:

$48.37

Market Cap:

$41.41B

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 busines...[Read more]

Industry

Hardware, Equipment & Parts

IPO Date

1981-12-31

Stock Exchange

NYSE

Ticker

GLW

The Current Ratio as of December 2024 (TTM) for Corning Incorporated (GLW) is 1.66

According to Corning Incorporated’s latest financial reports and current stock price. The company's current Current Ratio is 1.66. This represents a change of 0.81% compared to the average of 1.64 of the last 4 quarters.

Corning Incorporated (GLW) Historical Current Ratio (quarterly & annually)

How has GLW Current Ratio performed in the past?

The mean historical Current Ratio of Corning Incorporated over the last ten years is 2.45. The current 1.66 Current Ratio has changed 6.67% with respect to the historical average. Over the past ten years (40 quarters), GLW's Current Ratio was at its highest in in the June 2015 quarter at 4.88. The Current Ratio was at its lowest in in the June 2022 quarter at 1.43.

Quarterly (TTM)
Annual

Average

2.45

Median

2.12

Minimum

1.44

Maximum

4.41

Corning Incorporated (GLW) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Corning Incorporated Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 15.94%

Maximum Annual Current Ratio = 4.41

Minimum Annual Increase = -33.30%

Minimum Annual Current Ratio = 1.44

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.6715.94%
20221.44-9.63%
20211.59-25.00%
20202.120.25%
20192.12-0.23%
20182.12-22.77%
20172.75-16.37%
20163.2911.93%
20152.94-33.30%
20144.41-13.49%

Corning Incorporated (GLW) Average Current Ratio

How has GLW Current Ratio performed in the past?

The current Current Ratio of Corning Incorporated (GLW) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.57

5-year avg

1.79

10-year avg

2.45

Corning Incorporated (GLW) Current Ratio vs. Peers

How is GLW’s Current Ratio compared to its peers?

Corning Incorporated’s Current Ratio is less than OSI Systems, Inc. (1.84), less than Fabrinet (3.66), greater than Jabil Inc. (1.09), less than Vicor Corporation (6.42), greater than TE Connectivity Ltd. (1.61), less than Littelfuse, Inc. (3.55), less than Sanmina Corporation (2.05), greater than Celestica Inc. (1.47), greater than Plexus Corp. (1.51), greater than Flex Ltd. (1.43), less than Amphenol Corporation (1.99), less than TTM Technologies, Inc. (2.00),

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