Corning Incorporated Cash Flow Conversion Efficiency
Corning Incorporated 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.
Cash Flow Conversion Efficiency of Corning Incorporated (1989–2025)
Cash flow conversion efficiency of Corning Incorporated from 1989 to 2025. This chart illustrates how Corning Incorporated's cash flow conversion efficiency has evolved over time, based on yearly financial data. View GLW live share price for real-time trading data and today's change.
Corning Incorporated Cash Flow Conversion Ratio Explained
Corning Incorporated cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Corning Incorporated Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Corning Incorporated ranked by their cash flow conversion efficiency. Also see GLW market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Starbucks Corporation
NASDAQ:SBUX
|
-0.214x |
|
China Yangtze Power Co Ltd
SHG:600900
|
0.084x |
|
Accenture plc
NYSE:ACN
|
0.115x |
|
Canadian Imperial Bank Of Commerce
TO:CM
|
0.246x |
|
Snowflake Inc.
NYSE:SNOW
|
0.125x |
|
Lockheed Martin Corporation
NYSE:LMT
|
0.603x |
|
Sanofi
F:SNW2
|
0.051x |
|
China Life Insurance Co Ltd A
SHG:601628
|
0.194x |
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. Review how much free cash does Corning Incorporated generate to assess how much free cash flow the company generates relative to operating cash flow.
| 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