Corning Incorporated
Corning Incorporated operates in optical communications, display technologies, environmental technologies, specialty materials, and life sciences businesses. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories f… Read more
Corning Incorporated (GLW) - Total Assets
Latest total assets as of December 2025: $30.98 Billion USD
Based on the latest financial reports, Corning Incorporated (GLW) holds total assets worth $30.98 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Corning Incorporated - Total Assets Trend (1985–2025)
This chart illustrates how Corning Incorporated’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Corning Incorporated - Asset Composition Analysis
Current Asset Composition (December 2025)
Corning Incorporated's total assets of $30.98 Billion consist of 28.9% current assets and 71.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $1.53 Billion | 4.9% |
| Accounts Receivable | $2.78 Billion | 9.0% |
| Inventory | $3.08 Billion | 9.9% |
| Property, Plant & Equipment | $14.82 Billion | 47.9% |
| Intangible Assets | $657.00 Million | 2.1% |
| Goodwill | $2.49 Billion | 8.0% |
Asset Composition Trend (1985–2025)
This chart illustrates how Corning Incorporated's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Corning Incorporated's current assets represent 28.9% of total assets in 2025, a decrease from 34.9% in 1985.
- Cash Position: Cash and equivalents constituted 4.9% of total assets in 2025, down from 5.5% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is property, plant & equipment at 47.9% of total assets.
Corning Incorporated Competitors by Total Assets
Key competitors of Corning Incorporated based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Corning Incorporated - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Corning Incorporated generates 0.50x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Corning Incorporated generates $5.15 in net profit.
Corning Incorporated - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.59 | 1.62 | 2.31 |
| Quick Ratio | 1.04 | 1.07 | 1.63 |
| Cash Ratio | 0.27 | 0.36 | 0.00 |
| Working Capital | $3.31 Billion | $ 3.07 Billion | $ 4.59 Billion |
Corning Incorporated - Advanced Valuation Insights
This section examines the relationship between Corning Incorporated's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 9.65 |
| Latest Market Cap to Assets Ratio | 3.26 |
| Asset Growth Rate (YoY) | 11.7% |
| Total Assets | $30.98 Billion |
| Market Capitalization | $101.10 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Corning Incorporated's assets at a significant premium ( 3.26x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Corning Incorporated's assets grew by 11.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Corning Incorporated (1985–2025)
The table below shows the annual total assets of Corning Incorporated from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $30.98 Billion | +11.69% |
| 2024-12-31 | $27.73 Billion | -2.68% |
| 2023-12-31 | $28.50 Billion | -3.39% |
| 2022-12-31 | $29.50 Billion | -2.17% |
| 2021-12-31 | $30.15 Billion | -2.02% |
| 2020-12-31 | $30.77 Billion | +6.50% |
| 2019-12-31 | $28.90 Billion | +5.06% |
| 2018-12-31 | $27.50 Billion | +0.09% |
| 2017-12-31 | $27.48 Billion | -1.51% |
| 2016-12-31 | $27.90 Billion | -2.27% |
| 2015-12-31 | $28.55 Billion | -5.04% |
| 2014-12-31 | $30.06 Billion | +5.57% |
| 2013-12-31 | $28.48 Billion | -3.05% |
| 2012-12-31 | $29.38 Billion | +5.48% |
| 2011-12-31 | $27.85 Billion | +7.80% |
| 2010-12-31 | $25.83 Billion | +21.31% |
| 2009-12-31 | $21.30 Billion | +10.59% |
| 2008-12-31 | $19.26 Billion | +26.56% |
| 2007-12-31 | $15.21 Billion | +16.46% |
| 2006-12-31 | $13.06 Billion | +16.91% |
| 2005-12-31 | $11.18 Billion | +15.09% |
| 2004-12-31 | $9.71 Billion | -9.69% |
| 2003-12-31 | $10.75 Billion | -6.89% |
| 2002-12-31 | $11.55 Billion | -9.73% |
| 2001-12-31 | $12.79 Billion | -27.01% |
| 2000-12-31 | $17.53 Billion | +191.51% |
| 1999-12-31 | $6.01 Billion | +20.68% |
| 1998-12-31 | $4.98 Billion | +3.54% |
| 1997-12-31 | $4.81 Billion | +11.34% |
| 1996-12-31 | $4.32 Billion | -27.82% |
| 1995-12-31 | $5.99 Billion | -0.59% |
| 1994-12-31 | $6.02 Billion | +15.12% |
| 1993-12-31 | $5.23 Billion | +22.06% |
| 1992-12-31 | $4.29 Billion | +11.26% |
| 1991-12-31 | $3.85 Billion | +9.70% |
| 1990-12-31 | $3.51 Billion | +4.50% |
| 1989-12-31 | $3.36 Billion | +15.97% |
| 1988-12-31 | $2.90 Billion | +9.00% |
| 1987-12-31 | $2.66 Billion | +12.62% |
| 1986-12-31 | $2.36 Billion | +16.16% |
| 1985-12-31 | $2.03 Billion | -- |