Last Price$48.3(3.8%)
Market Cap$43.6B
LTM Rule of 40 (EBIT margin)
14.1%
5Y avg
11.2%
Hardware, Equipment & Parts industry
median
0.7%
Stock quality & Intrinsic value
6/10
(0.2%) overvalued
Corning Incorporated Rule of 40 (EBIT margin)
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rule of 40 (EBIT margin) | 32.2% | 29.3% | 31.7% | 27.1% | (2.0%) | 50.1% | 40.4% | 18.0% | 15.1% | 44.1% | 8.3% | 17.9% | 23.8% | 25.6% | 13.2% | 2.8% | 39.6% | 10.9% | (4.2%) | 12.9% |
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Check the intrinsic value for GLW
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Corning Incorporated (GLW) Rule of 40 (EBIT margin) comparison analysis
General
LTM Rule of 40 (EBIT margin)
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
Corning IncorporatedGLW
14.1%
4.2%
(15.9%)
3.9%
Median Peer Set
12.9%
(0.3%)
12.5%
13.3%
Garmin Ltd.GRMN
45.8%
20.4%
9.1%
22.4%
Amphenol CorporationAPH
42.4%
21.3%
24.1%
15.9%
Fortive CorporationFTV
33.1%
4.1%
16.0%
14.3%
Teledyne Technologies IncorporatedTDY
18.0%
0.6%
(6.8%)
14.4%
TE Connectivity Ltd.TEL
16.9%
(1.2%)
71.6%
20.2%
Trimble Inc.TRMB
8.9%
3.3%
(30.4%)
8.2%
Keysight Technologies, Inc.KEYS
(12.5%)
(8.9%)
(40.6%)
12.3%
Jabil Inc.JBL
(13.6%)
(16.8%)
84.4%
4.8%
Flex Ltd.FLEX
(14.1%)
(13.0%)
32.0%
3.8%
Coherent, Inc.COHR
(580.2%)
(8.8%)
(2.6%)
(5.9%)
GLW key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 4,579.0 18.8% | 5,174.0 13.0% | 5,860.0 13.3% | 5,948.0 1.5% | 5,395.0 (9.3%) | 6,632.0 22.9% | 7,890.0 19.0% | 8,012.0 1.5% | 7,819.0 (2.4%) | 9,715.0 24.2% | 9,111.0 (6.2%) | 9,390.0 3.1% | 10,116.0 7.7% | 11,290.0 11.6% | 11,503.0 1.9% | 11,303.0 (1.7%) | 14,082.0 24.6% | 14,189.0 0.8% | 12,588.0 (11.3%) | 13,118.0 4.2% |
| Cost of Goods Sold (COGS) | 2,595.0 | 2,891.0 | 3,111.0 | 3,210.0 | 3,302.0 | 3,583.0 | 4,324.0 | 4,615.0 | 4,495.0 | 5,663.0 | 5,458.0 | 5,644.0 | 6,084.0 | 6,829.0 | 7,468.0 | 7,772.0 | 9,019.0 | 9,683.0 | 8,657.0 | 8,842.0 |
% margin | 1,984.0 43.3% | 2,283.0 44.1% | 2,749.0 46.9% | 2,738.0 46.0% | 2,093.0 38.8% | 3,049.0 46.0% | 3,566.0 45.2% | 3,397.0 42.4% | 3,324.0 42.5% | 4,052.0 41.7% | 3,653.0 40.1% | 3,746.0 39.9% | 4,032.0 39.9% | 4,461.0 39.5% | 4,035.0 35.1% | 3,531.0 31.2% | 5,063.0 36.0% | 4,506.0 31.8% | 3,931.0 31.2% | 4,276.0 32.6% |
| Operating Expenses | 1,409.0 | 1,431.0 | 1,672.0 | 1,218.0 | 1,454.0 | 1,577.0 | 1,719.0 | 1,929.0 | 1,867.0 | 2,059.0 | 2,346.0 | 2,278.0 | 2,402.0 | 2,886.0 | 2,729.0 | 3,022.0 | 2,951.0 | 3,068.0 | 3,041.0 | 3,141.0 |
| Research & Development Expenses (R&D) | 443.0 | 517.0 | 565.0 | 627.0 | 563.0 | 603.0 | 671.0 | 745.0 | 710.0 | 815.0 | 769.0 | 742.0 | 860.0 | 993.0 | 1,031.0 | 1,154.0 | 995.0 | 1,047.0 | 1,076.0 | 1,089.0 |
| Selling, General & Administrative Expenses (SG&A) | 756.0 | 857.0 | 912.0 | 901.0 | 881.0 | 1,015.0 | 1,033.0 | 1,165.0 | 1,126.0 | 1,211.0 | 1,523.0 | 1,472.0 | 1,467.0 | 1,799.0 | 1,585.0 | 1,747.0 | 1,827.0 | 1,898.0 | 1,843.0 | 1,931.0 |
% margin | 613.0 13.4% | 846.0 16.4% | 1,081.0 18.4% | 1,520.0 25.6% | 391.0 7.2% | 1,801.0 27.2% | 1,694.0 21.5% | 1,321.0 16.5% | 1,371.0 17.5% | 1,931.0 19.9% | 1,322.0 14.5% | 1,391.0 14.8% | 1,630.0 16.1% | 1,575.0 14.0% | 1,306.0 11.4% | 509.0 4.5% | 2,112.0 15.0% | 1,438.0 10.1% | 890.0 7.1% | 1,135.0 8.7% |
| Interest Income | 0.0 | 0.0 | 145.0 | 85.0 | 19.0 | 11.0 | 19.0 | 14.0 | 8.0 | 26.0 | 21.0 | 32.0 | 45.0 | 38.0 | 21.0 | 15.0 | 11.0 | 15.0 | 38.0 | 47.0 |
| Interest Expense | 0.0 | 0.0 | 82.0 | 59.0 | 82.0 | 109.0 | 89.0 | 111.0 | 120.0 | 123.0 | 140.0 | 159.0 | 155.0 | 191.0 | 221.0 | 276.0 | 300.0 | 292.0 | 329.0 | 329.0 |
| Pre-tax Income | 572.0 | 961.0 | 1,291.0 | 1,523.0 | 1,934.0 | 3,845.0 | 3,213.0 | 2,117.0 | 2,473.0 | 3,568.0 | 1,486.0 | 3,692.0 | 1,657.0 | 1,503.0 | 1,216.0 | 623.0 | 2,397.0 | 1,797.0 | 816.0 | 813.0 |
% effective tax rate | 578.0 101.0% | 55.0 5.7% | 80.0 6.2% | (2,405.0) (157.9%) | (74.0) (3.8%) | 287.0 7.5% | 408.0 12.7% | 389.0 18.4% | 512.0 20.7% | 1,096.0 30.7% | 147.0 9.9% | (3.0) (0.1%) | 2,154.0 130.0% | 437.0 29.1% | 256.0 21.1% | 111.0 17.8% | 491.0 20.5% | 411.0 22.9% | 168.0 20.6% | 221.0 27.2% |
% margin | 585.0 12.8% | 1,855.0 35.9% | 2,150.0 36.7% | 5,257.0 88.4% | 2,008.0 37.2% | 3,558.0 53.6% | 2,817.0 35.7% | 1,636.0 20.4% | 1,961.0 25.1% | 2,472.0 25.4% | 1,339.0 14.7% | 3,695.0 39.4% | (497.0) (4.9%) | 1,066.0 9.4% | 960.0 8.3% | 512.0 4.5% | 1,906.0 13.5% | 1,316.0 9.3% | 581.0 4.6% | 506.0 3.9% |
| EPS | 0.40 | 1.20 | 1.37 | 3.37 | 1.30 | 2.28 | 1.80 | 1.10 | 1.35 | 1.82 | 1.02 | 3.53 | (0.56) | 1.13 | 1.11 | 0.54 | 1.30 | 1.56 | 0.69 | 0.58 |
| Diluted EPS | 0.38 | 1.16 | 1.34 | 3.32 | 1.28 | 2.25 | 1.78 | 1.09 | 1.34 | 1.73 | 1.00 | 3.23 | (0.56) | 1.13 | 1.07 | 0.54 | 1.28 | 1.54 | 0.68 | 0.58 |
% margin | 1,179.0 25.7% | 1,628.0 31.5% | 1,980.0 33.8% | 2,277.0 38.3% | 2,814.0 52.2% | 4,806.0 72.5% | 4,256.0 53.9% | 3,220.0 40.2% | 2,459.0 31.4% | 3,046.0 31.4% | 2,517.0 27.6% | 2,640.0 28.1% | 2,766.0 27.3% | 2,897.0 25.7% | 3,163.0 27.5% | 2,865.0 25.3% | 3,774.0 26.8% | 3,357.0 23.7% | 2,514.0 20.0% | 2,492.0 19.0% |
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FAQ
1) What is Corning Incorporated's Rule of 40 (EBIT margin)?
As of today, Microsoft Corp's last 12-month Rule of 40 (EBIT margin) is 14.1%, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Rule of 40 (EBIT margin) for Corning Incorporated have been 14.0% over the past three years, and 11.8% over the past five years.
2) Is Corning Incorporated's Rule of 40 (EBIT margin) Good?
As of today, Corning Incorporated's Rule of 40 (EBIT margin) is 14.1%, which is higher than industry median of 0.7%. It indicates that Corning Incorporated's Rule of 40 (EBIT margin) is Good.