Corning Incorporated
GLW · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $13,118,000 | $12,588,000 | $14,189,000 | $14,082,000 |
| % Growth | 4.2% | -11.3% | 0.8% | – |
| Cost of Goods Sold | $8,842,000 | $8,657,000 | $9,683,000 | $9,019,000 |
| Gross Profit | $4,276,000 | $3,931,000 | $4,506,000 | $5,063,000 |
| % Margin | 32.6% | 31.2% | 31.8% | 36% |
| R&D Expenses | $1,089,000 | $1,076,000 | $1,047,000 | $995,000 |
| G&A Expenses | $0 | $0 | $0 | $0 |
| SG&A Expenses | $1,931,000 | $1,843,000 | $1,898,000 | $1,827,000 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | $121,000 | $122,000 | $123,000 | $129,000 |
| Operating Expenses | $3,141,000 | $3,041,000 | $3,068,000 | $2,951,000 |
| Operating Income | $1,135,000 | $890,000 | $1,438,000 | $2,112,000 |
| % Margin | 8.7% | 7.1% | 10.1% | 15% |
| Other Income/Exp. Net | -$322,000 | -$74,000 | $359,000 | $314,000 |
| Pre-Tax Income | $813,000 | $816,000 | $1,797,000 | $2,426,000 |
| Tax Expense | $221,000 | $168,000 | $411,000 | $491,000 |
| Net Income | $506,000 | $581,000 | $1,316,000 | $1,906,000 |
| % Margin | 3.9% | 4.6% | 9.3% | 13.5% |
| EPS | 0.59 | 0.69 | 1.56 | 1.3 |
| % Growth | -14.5% | -55.8% | 20% | – |
| EPS Diluted | 0.58 | 0.68 | 1.54 | 1.28 |
| Weighted Avg Shares Out | 853,000 | 848,000 | 843,000 | 828,000 |
| Weighted Avg Shares Out Dil | 869,000 | 859,000 | 857,000 | 844,000 |
| Supplemental Information | – | – | – | – |
| Interest Income | $47,000 | $38,000 | $15,000 | $11,000 |
| Interest Expense | $329,000 | $329,000 | $292,000 | $300,000 |
| Depreciation & Amortization | $1,350,000 | $1,369,000 | $1,452,000 | $1,481,000 |
| EBITDA | $2,492,000 | $2,514,000 | $3,541,000 | $4,207,000 |
| % Margin | 19% | 20% | 25% | 29.9% |