Corning Incorporated (GLW) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Corning Incorporated (GLW) has a cash flow conversion efficiency ratio of 0.029x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($362.00 Million) by net assets ($12.35 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Corning Incorporated defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Corning Incorporated - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how Corning Incorporated's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Corning Incorporated Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Corning Incorporated ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Uber Technologies Inc
NYSE:UBER
|
0.103x |
|
Banco Santander S.A.
MC:SAN
|
0.719x |
|
Southern Copper Corporation
NYSE:SCCO
|
0.143x |
|
Deere & Company
NYSE:DE
|
-0.034x |
|
Siemens Energy AG
F:ENR
|
0.272x |
|
Schneider Electric S.E.
PA:SU
|
0.202x |
|
Pfizer Inc
NYSE:PFE
|
0.029x |
|
Banco Santander S.A
F:BSDK
|
0.080x |
Annual Cash Flow Conversion Efficiency for Corning Incorporated (1989–2025)
The table below shows the annual cash flow conversion efficiency of Corning Incorporated from 1989 to 2025. For the full company profile with market capitalisation and key ratios, see GLW company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $12.31 Billion | $2.69 Billion | 0.219x | +25.02% |
| 2024-12-31 | $11.07 Billion | $1.94 Billion | 0.175x | +3.68% |
| 2023-12-31 | $11.87 Billion | $2.00 Billion | 0.169x | -20.70% |
| 2022-12-31 | $12.28 Billion | $2.62 Billion | 0.213x | -21.67% |
| 2021-12-31 | $12.54 Billion | $3.41 Billion | 0.272x | +67.78% |
| 2020-12-31 | $13.45 Billion | $2.18 Billion | 0.162x | +3.74% |
| 2019-12-31 | $13.00 Billion | $2.03 Billion | 0.156x | -25.66% |
| 2018-12-31 | $13.89 Billion | $2.92 Billion | 0.210x | +65.26% |
| 2017-12-31 | $15.76 Billion | $2.00 Billion | 0.127x | -8.62% |
| 2016-12-31 | $17.96 Billion | $2.50 Billion | 0.139x | -6.53% |
| 2015-12-31 | $18.86 Billion | $2.81 Billion | 0.149x | -31.53% |
| 2014-12-31 | $21.65 Billion | $4.71 Billion | 0.217x | +65.52% |
| 2013-12-31 | $21.21 Billion | $2.79 Billion | 0.131x | -11.75% |
| 2012-12-31 | $21.53 Billion | $3.21 Billion | 0.149x | -1.35% |
| 2011-12-31 | $21.13 Billion | $3.19 Billion | 0.151x | -23.55% |
| 2010-12-31 | $19.43 Billion | $3.83 Billion | 0.197x | +48.23% |
| 2009-12-31 | $15.60 Billion | $2.08 Billion | 0.133x | -15.56% |
| 2008-12-31 | $13.49 Billion | $2.13 Billion | 0.158x | -27.53% |
| 2007-12-31 | $9.54 Billion | $2.08 Billion | 0.218x | -11.98% |
| 2006-12-31 | $7.29 Billion | $1.80 Billion | 0.247x | -27.92% |
| 2005-12-31 | $5.65 Billion | $1.94 Billion | 0.343x | +30.73% |
| 2004-12-31 | $3.85 Billion | $1.01 Billion | 0.262x | +985.19% |
| 2003-12-31 | $5.50 Billion | $133.00 Million | 0.024x | +143.51% |
| 2002-12-31 | $4.75 Billion | $-264.00 Million | -0.056x | -121.41% |
| 2001-12-31 | $5.53 Billion | $1.44 Billion | 0.260x | +96.91% |
| 2000-12-31 | $10.78 Billion | $1.42 Billion | 0.132x | -57.09% |
| 1999-12-31 | $2.53 Billion | $775.70 Million | 0.307x | +47.43% |
| 1998-12-31 | $2.23 Billion | $465.60 Million | 0.208x | -41.41% |
| 1997-12-31 | $1.98 Billion | $704.80 Million | 0.356x | +48.62% |
| 1996-12-31 | $1.66 Billion | $397.00 Million | 0.239x | -5.32% |
| 1995-12-31 | $2.76 Billion | $698.60 Million | 0.253x | +82.19% |
| 1994-12-31 | $2.90 Billion | $402.20 Million | 0.139x | -53.95% |
| 1993-12-31 | $1.96 Billion | $589.60 Million | 0.301x | +26.07% |
| 1992-12-31 | $2.07 Billion | $495.10 Million | 0.239x | +9.68% |
| 1991-12-31 | $2.16 Billion | $471.00 Million | 0.218x | +72.37% |
| 1990-12-31 | $1.98 Billion | $250.60 Million | 0.126x | -38.82% |
| 1989-12-31 | $1.79 Billion | $369.50 Million | 0.207x | -- |
About Corning Incorporated
Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components a… Read more