Craft

Corning

Stock Price

$49

2024-10-29

Market Capitalization

$36.1 B

2024-08-26

Revenue

$13.1 B

FY, 2024

Corning Summary

Company Summary

Overview
Corning is a company that manufactures specialty glass products. It operates through five segments: Optical Communications, Display Technologies, Specialty Materials, Environmental Technologies, and Life Sciences. The Optical Communications segment provides products and solutions for optical-based communications infrastructure. The Display Technologies segment manufactures glass substrates for flat panel displays, including liquid crystal displays (LCDs) and organic light-emitting diodes (OLEDs). The Specialty Materials segment offers products that provide material formulations for glass, glass ceramics, and crystals, as well as precision metrology instruments and software. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile applications. The Life Sciences segment produces consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, glassware, and equipment. The company caters to optics, electronics, communications, automotive, aerospace, defense, interior architecture, and other markets.
Type
Public
Status
Active
Founded
1851
HQ
Corning, NY, US | view all locations
Website
https://www.corning.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Wendell P. Weeks

    Wendell P. Weeks, Chairman & Chief Executive Officer

    • Jaymin Amin

      Jaymin Amin, Senior Vice President & Chief Technology Officer

    • Soumya Seetharam

      Soumya Seetharam, Senior Vice President and Chief Digital & Information Officer

    • Lewis A. Steverson

      Lewis A. Steverson, Executive Vice President & Chief Legal & Administrative Officer

    Operating MetricsView all

    Manufacturing Space, sq. ft.

    55.8M

    FY, 2023

    Countries

    15

    FY, 2023

    Manufacturing Facilities

    124

    FY, 2023

    LocationsView all

    112 locations detected

    • Corning, NY HQ

      United States

      One Riverfront Plaza

    • Bedford, MA

      United States

      2 Oak Park Dr

    • Big Flats, NY

      United States

      271 County Rd 64

    • Canton, NY

      United States

      334 Co Rd 16

    • Charlotte, NC

      United States

      4200 Corning Pl

    • Christiansburg, VA

      United States

      3050 N Franklin St

    and 106 others

    Corning Financials

    Summary Financials

    Revenue (FY, 2024)
    $13.1B
    Gross profit (FY, 2024)
    $4.3B
    Net income (FY, 2024)
    $592.0M
    Cash (FY, 2024)
    $1.8B
    EBIT (FY, 2024)
    $1.1B
    Enterprise value
    $41.6B

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