Last Price$48.3(3.8%)
Market Cap$43.6B
LTM Quick ratio
0.8x
5Y avg
0.9x
Hardware, Equipment & Parts industry
median
1.4x
Stock quality & Intrinsic value
6/10
(0.2%) overvalued
Corning Incorporated Quick ratio
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Quick ratio | 1.4x | 1.7x | 1.7x | 1.6x | 2.8x | 3.7x | 3.3x | 3.8x | 3.7x | 3.3x | 2.1x | 2.5x | 1.9x | 1.3x | 1.2x | 1.3x | 0.9x | 0.7x | 0.8x | 0.8x |
Overvalued or undervalued?
Check the intrinsic value for GLW
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Corning Incorporated (GLW) Quick ratio comparison analysis
General
LTM Quick ratio
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
Corning IncorporatedGLW
0.8x
4.2%
(15.9%)
3.9%
Median Peer Set
1.2x
(0.3%)
12.5%
13.3%
Garmin Ltd.GRMN
2.3x
20.4%
9.1%
22.4%
Keysight Technologies, Inc.KEYS
1.9x
(8.9%)
(40.6%)
12.3%
Amphenol CorporationAPH
1.6x
21.3%
24.1%
15.9%
Teledyne Technologies IncorporatedTDY
1.5x
0.6%
(6.8%)
14.4%
Coherent, Inc.COHR
1.4x
(8.8%)
(2.6%)
(5.9%)
TE Connectivity Ltd.TEL
0.9x
(1.2%)
71.6%
20.2%
Trimble Inc.TRMB
0.8x
3.3%
(30.4%)
8.2%
Fortive CorporationFTV
0.8x
4.1%
16.0%
14.3%
Flex Ltd.FLEX
0.6x
(13.0%)
32.0%
3.8%
Jabil Inc.JBL
0.6x
(16.8%)
84.4%
4.8%
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 Quick ratio?
As of today, Microsoft Corp's last 12-month Quick ratio is 0.8x, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Quick ratio for Corning Incorporated have been 0.8x over the past three years, and 0.9x over the past five years.
2) Is Corning Incorporated's Quick ratio Good?
As of today, Corning Incorporated's Quick ratio is 0.8x, which is lower than industry median of 1.4x. It indicates that Corning Incorporated's Quick ratio is Bad.