Corning Incorporated (GLW) — Capital Reinvestment Ratio
Corning Incorporated (GLW) has a Capital Reinvestment Ratio of 0.92x as of March 2026, meaning it reinvests 1% of its operating cash flow ($362.00 Million) in capital expenditures ($332.00 Million). Check Corning Incorporated tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Corning Incorporated Capital Reinvestment Ratio (1989–2025)
This chart tracks Corning Incorporated's Capital Reinvestment Ratio across 36 annual periods. For the full cash flow conversion analysis, see Corning Incorporated (GLW) cash flow conversion.
Annual Capital Reinvestment Ratio for Corning Incorporated (1989–2025)
Year-by-year Capital Reinvestment Ratio for Corning Incorporated from 1989 to 2025. See free cash flow generation of Corning Incorporated to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.48x | $2.69 Billion | $1.28 Billion | ▼ -4.4% |
| 2024 | 0.50x | $1.94 Billion | $965.00 Million | ▼ -28.2% |
| 2023 | 0.69x | $2.00 Billion | $1.39 Billion | ▲ +13.0% |
| 2022 | 0.61x | $2.62 Billion | $1.60 Billion | ▲ +27.8% |
| 2021 | 0.48x | $3.41 Billion | $1.64 Billion | ▼ -24.0% |
| 2020 | 0.63x | $2.18 Billion | $1.38 Billion | ▼ -35.4% |
| 2019 | 0.98x | $2.03 Billion | $1.99 Billion | ▲ +27.4% |
| 2018 | 0.77x | $2.92 Billion | $2.24 Billion | ▼ -14.7% |
| 2017 | 0.90x | $2.00 Billion | $1.80 Billion | ▲ +102.9% |
| 2016 | 0.44x | $2.50 Billion | $1.11 Billion | ▼ -0.3% |
| 2015 | 0.44x | $2.81 Billion | $1.25 Billion | ▲ +94.7% |
| 2014 | 0.23x | $4.71 Billion | $1.08 Billion | ▼ -37.5% |
| 2013 | 0.37x | $2.79 Billion | $1.02 Billion | ▼ -34.9% |
| 2012 | 0.56x | $3.21 Billion | $1.80 Billion | ▼ -26.3% |
| 2011 | 0.76x | $3.19 Billion | $2.43 Billion | ▲ +190.4% |
| 2010 | 0.26x | $3.83 Billion | $1.01 Billion | ▼ -38.7% |
| 2009 | 0.43x | $2.08 Billion | $890.00 Million | ▼ -52.5% |
| 2008 | 0.90x | $2.13 Billion | $1.92 Billion | ▲ +48.0% |
| 2007 | 0.61x | $2.08 Billion | $1.27 Billion | ▼ -6.9% |
| 2006 | 0.66x | $1.80 Billion | $1.18 Billion | ▼ -18.1% |
| 2005 | 0.80x | $1.94 Billion | $1.55 Billion | ▼ -5.7% |
| 2004 | 0.85x | $1.01 Billion | $857.00 Million | ▼ -69.1% |
| 2003 | 2.75x | $133.00 Million | $366.00 Million | ▲ +119.5% |
| 2001 | 1.25x | $1.44 Billion | $1.80 Billion | ▲ +16.8% |
| 2000 | 1.07x | $1.42 Billion | $1.52 Billion | ▼ -9.6% |
| 1999 | 1.19x | $775.70 Million | $920.70 Million | ▼ -27.0% |
| 1998 | 1.63x | $465.60 Million | $757.10 Million | ▲ +47.9% |
| 1997 | 1.10x | $704.80 Million | $774.80 Million | ▼ -27.0% |
| 1996 | 1.51x | $397.00 Million | $597.80 Million | ▲ +112.4% |
| 1995 | 0.71x | $698.60 Million | $495.30 Million | ▼ -26.3% |
| 1994 | 0.96x | $402.20 Million | $386.90 Million | ▲ +28.0% |
| 1993 | 0.75x | $589.60 Million | $443.10 Million | ▼ -1.4% |
| 1992 | 0.76x | $495.10 Million | $377.40 Million | ▲ +14.7% |
| 1991 | 0.66x | $471.00 Million | $313.00 Million | ▼ -36.3% |
| 1990 | 1.04x | $250.60 Million | $261.40 Million | ▲ +21.2% |
| 1989 | 0.86x | $369.50 Million | $317.90 Million | — |