Craft
Corning

Corning

Manufacturing Space, sq. ft.

55.8 M

FY, 2021

Revenue

$14.1 B

FY, 2021

Market Capitalization

$28.9 B

2022-11-30

Corning Summary

Company summary

Overview
Corning is a company providing specialty glasses, ceramics, and optical physics products. It operates in 5 segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for liquid crystal displays (LCDs) that are used primarily in LCD televisions, notebook computers, and flat panel desktop monitors. The Optical Communications segment provides optical fiber, cable, and connectivity solutions. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile applications. The Specialty Materials segment manufactures products that provide formulations for glass, glass ceramics, and fluoride crystals. The Life Sciences segment offers consumables, such as plastic vessels, specialty surfaces, cell culture media, and serum, as well as general labware and equipment.
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 and Chief Executive Officer

    • Anne Mullins

      Anne Mullins, Chief Digital and Information Officer & Senior Vice President

    • Eric S. Musser

      Eric S. Musser, President & Chief Operating Officer

    • Edward A. Schlesinger

      Edward A. Schlesinger, Executive Vice President & Chief Financial Officer

    Operating MetricsView all

    Patents (Life Sciences)

    567
    4.5%

    FY, 2021

    Patents (Specialty Materials, US)

    743
    10.4%

    FY, 2021

    Facility Space (non-US), sq. ft.

    36.4M
    1.4%

    FY, 2021

    LocationsView all

    99 locations detected

    • Corning, NY HQ

      United States

      1 Riverfront Plaza

    • 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

    • Corning, NY

      United States

      1 Riverfront Plaza

    and 93 others

    Corning Financials

    Summary financials

    Revenue (Q3, 2022)
    $3.5B
    Gross profit (Q3, 2022)
    $1.1B
    Net income (Q3, 2022)
    $226.0M
    Cash (Q3, 2022)
    $1.6B
    EBIT (Q3, 2022)
    $292.0M
    Enterprise value
    $34.0B

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