Corning Incorporated

GLWNYSETechnology● Active

$187.79

+$10.21(+5.75%)

Market Cap$161.6B

P/E Ratio—

52W High$211.79

52W Low$49.47

Avg Volume13.1M

Open$192.90

Beta1.16

Free Cash Flow Financials Revenue

Corning Incorporated (GLW) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

GLW · free cash flow · updated Jun 8, 2026

Core FCF metrics

GLW · FCF · TTM · margin & CAGR

Free cash flow was $1.41B for FY2025 (fiscal year ending 2025-12-31), up 45.1% year-over-year The FCF margin was 9.0%. Five-year CAGR stands at +12.0%.

FY2025 Free Cash Flow$1.41B▲ +45.1% YoY

Trailing 12M (TTM)$1.50Btrailing 4 quarters sum

FCF Margin9.0%$1.41B ÷ revenue

3-Year CAGR+11.8%FY2022 → FY2025

5-Year CAGR+12.0%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

GLW · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.69B(1.28B)$1.41B▲ +45.1%9.0%

FY2024$1.94B(965M)$974.0M▲ +58.4%7.4%

FY2023$2.00B(1.39B)$615.0M▼ 39.2%4.9%

FY2022$2.62B(1.60B)$1.01B▼ 43.0%7.1%

FY2021$3.41B(1.64B)$1.77B▲ +121.0%12.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

GLW · P/FCF · FCF yield · FCF per share

Corning Incorporated (GLW) trades at a FCF yield of 0.91% and a price-to-free-cash-flow ratio of 107.9x. FCF per share stands at $1.74, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

0.91%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.74

TTM FCF ÷ Shares Outstanding

Price / FCF

x107.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x114.9

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

GLW · cash flow statement · operating / investing / financing

For FY2025, Corning Incorporated generated $2.69B in operating cash flow and spent 1.28B in capital expenditures, yielding $1.41B in free cash flow.

Operating Activities

+$2.69B

Cash from core business operations

2025-12-31

Investing Activities

−$1.24B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$1.67B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($2.69B) − |CapEx| (1.28B) = FCF ($1.41B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

GLW vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Corning IncorporatedYOU

GLW

$1.41B+45.1%9.0%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Corning Incorporated (GLW) reported free cash flow of $1.41B for FY2025 (fiscal year ending 2025-12-31), up 45.1% year-over-year. The FCF margin was 9.0%.

Based on available data, Corning Incorporated has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $3.63B in FY2014. The 5-year CAGR stands at +12.0%.

Corning Incorporated's FCF yield is 0.91% and price-to-FCF ratio is 107.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

GLW free cash flow · 8 questions

Corning Incorporated free cash flow was $1.41B for FY2025, up 45.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.50B.

GLW free cash flowGLW FCFGLW FCF 2025GLW free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Corning Incorporated · Corning Incorporated SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026