WinstonWınston
Corning logo

Corning

GLW
59
Hardware, Equipment & Parts · Technology
Price
$154.58
-3.81 (-2.41%)
Market Cap
$133.04B
Winston Score
59
Winston is curious
A decent business — some strong pillars, some weaker.

Share count rising — dilution

+1.9% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 844.0M (2021) → 860.0M (2025)

Corning makes specialty glass and materials that go inside everyday products. Its most famous product is Gorilla Glass, the tough screen cover used on smartphones made by Apple, Samsung, and others. Corning also makes the glass fiber cables that carry internet data around the world, and special glass used in TV screens, cars, and scientific lab equipment.

Corning earns money by selling its materials and components to large manufacturers, not directly to consumers. It operates globally, with major customers and facilities across the United States, Asia, and Europe, and generates roughly $14 billion in annual revenue. The company's main advantage is its deep expertise in glass science, which is hard for competitors to copy quickly. The biggest growth driver right now is demand for fiber optic cable, as telecom companies and data center operators spend heavily to expand high-speed internet networks — though a slowdown in smartphone sales or capital spending by telecom companies remains a real risk to revenue.

Winston Score History

Politician Trades

7 trades / 12mo

6 Congressional buys and 1 sell on GLW in the last 12 months.

Unlock the full Smart Money Map — every trade plotted on the price chart with politicians, amounts and returns since each trade. Founder's Deal is $57/mo locked for life.

Unlock politician trades

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+20.0% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

+138.9% YoY

YoY Growth Rate

Strong earnings growth

R&D Spend

$1.1B/ year

Flat (+2% vs prior year)

7.1% of revenue

Below sector average (15%)

Steady R&D investment year-over-year

Insider Activity

8.4%ownership

Flat

Insiders holding steady — not selling despite ability to

Cash Position

Cash flow positive

$1.8B cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Company generates more cash than it spends — no dilution risk from fundraising

Growth + cash flow

Corning is a rare growth stock that's already generating positive cash flow while growing at 20%. The Winston Score doesn't fully credit this transition from "burner" to "earner."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
36.9%
Modest — 36.9% gross margin
Operating Margin
15.4%
Healthy — 15.4% operating margin
ROCE
3.1%
Weak — 3.1% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
+20.1%
Fast-growing sales (20.1% YoY)
EPS YoY
+313.7%
Earnings growing fast (313.7% YoY)

Earnings growing 25%+ a year. The compounder zone.

EPS Consistency
8/8 quarters
Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
161%
Turns 161% of profit into real cash
FCF Margin
9.2%
Modest free cash flow (9.2%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
0.76
Moderate — manageable debt (0.76)
Interest Cover
7.22x
Adequate interest coverage (7.2x)

Interest coverage between 3 and 8. Profits cover interest several times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
73.3x
Expensive — P/E 73.3

P/E over 35. The market is pricing in heavy, sustained growth.

P/E vs Forward
+26.5
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (73.3 → 46.8)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend Yield
0.57%
Small dividend — 0.57% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend Growth
+0.0%
Dividend flat

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial