Corning Incorporated (GLW) — Financial Flexibility Index

Latest as of March 2026: 0.04x

Corning Incorporated (GLW) has a Financial Flexibility Index of 0.04x as of March 2026. Free cash flow of $694.00 Million (operating CF $362.00 Million minus capex $332.00 Million) represents 0% of total liabilities ($18.90 Billion). Check GLW cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

$694.00 Million
Operating CF − Capex

Total Liabilities

$18.90 Billion
USD

Capital Expenditures

$332.00 Million
USD

Corning Incorporated Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Corning Incorporated across 37 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Corning Incorporated.

Annual Financial Flexibility Index for Corning Incorporated (1989–2025)

Year-by-year free cash flow to debt coverage for Corning Incorporated. Explore cash flow to debt ratio of Corning Incorporated to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.21x $3.98 Billion $2.69 Billion $18.67 Billion ▲ +22.2%
2024 0.17x $2.90 Billion $1.94 Billion $16.66 Billion ▼ -14.6%
2023 0.20x $3.40 Billion $2.00 Billion $16.63 Billion ▼ -16.7%
2022 0.24x $4.22 Billion $2.62 Billion $17.22 Billion ▼ -14.6%
2021 0.29x $5.05 Billion $3.41 Billion $17.61 Billion ▲ +39.7%
2020 0.21x $3.56 Billion $2.18 Billion $17.33 Billion ▼ -18.8%
2019 0.25x $4.02 Billion $2.03 Billion $15.90 Billion ▼ -33.3%
2018 0.38x $5.16 Billion $2.92 Billion $13.62 Billion ▲ +16.7%
2017 0.32x $3.81 Billion $2.00 Billion $11.72 Billion ▼ -10.6%
2016 0.36x $3.61 Billion $2.50 Billion $9.94 Billion ▼ -13.4%
2015 0.42x $4.06 Billion $2.81 Billion $9.68 Billion ▼ -39.1%
2014 0.69x $5.79 Billion $4.71 Billion $8.41 Billion ▲ +31.3%
2013 0.52x $3.81 Billion $2.79 Billion $7.27 Billion ▼ -18.0%
2012 0.64x $5.01 Billion $3.21 Billion $7.84 Billion ▼ -23.7%
2011 0.84x $5.62 Billion $3.19 Billion $6.72 Billion ▲ +10.7%
2010 0.76x $4.84 Billion $3.83 Billion $6.41 Billion ▲ +45.2%
2009 0.52x $2.97 Billion $2.08 Billion $5.70 Billion ▼ -25.9%
2008 0.70x $4.05 Billion $2.13 Billion $5.76 Billion ▲ +19.2%
2007 0.59x $3.34 Billion $2.08 Billion $5.67 Billion ▲ +14.0%
2006 0.52x $2.98 Billion $1.80 Billion $5.77 Billion ▼ -18.2%
2005 0.63x $3.49 Billion $1.94 Billion $5.52 Billion ▲ +98.7%
2004 0.32x $1.87 Billion $1.01 Billion $5.87 Billion ▲ +234.9%
2003 0.10x $499.00 Million $133.00 Million $5.25 Billion ▲ +594.5%
2002 0.01x $93.00 Million $-264.00 Million $6.80 Billion ▼ -96.9%
2001 0.45x $3.24 Billion $1.44 Billion $7.26 Billion ▲ +2.1%
2000 0.44x $2.95 Billion $1.42 Billion $6.75 Billion ▼ -10.2%
1999 0.49x $1.70 Billion $775.70 Million $3.49 Billion ▲ +9.3%
1998 0.45x $1.22 Billion $465.60 Million $2.75 Billion ▼ -14.9%
1997 0.52x $1.48 Billion $704.80 Million $2.83 Billion ▲ +39.9%
1996 0.37x $994.80 Million $397.00 Million $2.66 Billion ▲ +0.9%
1995 0.37x $1.19 Billion $698.60 Million $3.22 Billion ▲ +46.6%
1994 0.25x $789.10 Million $402.20 Million $3.12 Billion ▼ -19.9%
1993 0.32x $1.03 Billion $589.60 Million $3.27 Billion ▼ -20.0%
1992 0.39x $872.50 Million $495.10 Million $2.21 Billion ▼ -15.0%
1991 0.46x $784.00 Million $471.00 Million $1.69 Billion ▲ +38.5%
1990 0.33x $512.00 Million $250.60 Million $1.53 Billion ▼ -23.4%
1989 0.44x $687.40 Million $369.50 Million $1.57 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities