Corning

Corning

Verified
Materials science innovator & leader in specialty glass, ceramics & optical physics

Launch date
Employees
Market cap
$25.0b
Net debt
($5.9b)
Firm valuation
$31.0b (Public information from Oct 2022)
Corning New York (HQ)
Deals in current and previous year:

Financials

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Revenues, earnings & profits over time
USD2016201720182019202020212022E
Revenues-10.5b11.4b11.7b11.5b14.1b15.1b
% growth--8 %2 %(2 %)23 %7 %
EBITDA-3.2b3.3b3.4b3.1b3.8b4.3b
% EBITDA margin-30 %29 %29 %27 %27 %28 %
Profit-(497m)1.1b960m512m1.9b1.9b
% profit margin-(5 %)9 %8 %4 %13 %12 %
EV / revenue-2.7x2.4x2.4x2.9x2.6x2.6x
EV / EBITDA-9.0x8.4x8.2x10.5x9.6x9.2x
R&D budget664m631m776m816m---
R&D % of revenue-6 %7 %7 %---

Source: Company fillings or news article

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DateInvestorsAmountRound
N/AN/AIPO
$1.0bPost IPO Equity
$200mPost IPO Equity
*
$250mGrowth Equity VC
*
$204mGrant
Total Funding$454m

Recent News about Corning

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Tech stack

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