Question 1

What is Corning's EV/EBITDA ratio?

Accepted Answer

Corning (GLW) EV/EBITDA ratio is 37.1× as of July 22, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Corning?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Corning specifically, the relevant sector benchmark is the current sector median of 20.3×.

Question 5

Is Corning's EV/EBITDA ratio high or low?

Accepted Answer

Corning's EV/EBITDA ratio of 37.1× is above its own 5-year average of 15.1× and above the sector median of 20.3×. That places the current reading at the 94th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Corning's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Corning (GLW) EV/EBITDA ratio has ranged from a low of 3.1× in 2011 to a high of 607.3× in 2003. The 5-year average is 15.1× and the 5-year median is 13.2×.

Question 7

What was Corning's EV/EBITDA ratio in 2025?

Accepted Answer

Corning (GLW) EV/EBITDA ratio at the end of 2025 was 22.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Corning's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$75.3B	$3.73B	22.5×	+3.2×	Dec 31, 2025
2024	$41.9B	$2.49B	19.4×	+6.4×	Dec 31, 2024
2023	$25.9B	$2.51B	13.0×	+3.6×	Dec 31, 2023
2022	$26.9B	$3.54B	9.3×	+0.5×	Dec 31, 2022
2021	$31.6B	$4.2B	8.9×	-5.0×	Dec 31, 2021
2020	$27.5B	$2.42B	13.8×	+4.3×	Dec 31, 2020
2019	$22.2B	$2.94B	9.5×	+0.3×	Dec 31, 2019
2018	$24B	$2.99B	9.3×	+0.1×	Dec 31, 2018
2017	$26.3B	$2.97B	9.1×	+4.9×	Dec 31, 2017
2016	$22.9B	$5.05B	4.3×	-3.2×	Dec 31, 2016
2015	$20.9B	$2.81B	7.4×	+2.0×	Dec 31, 2015
2014	$29.3B	$4.89B	5.4×	-1.1×	Dec 31, 2014
2013	$25.2B	$3.6B	6.5×	+1.6×	Dec 31, 2013
2012	$18.6B	$3.28B	4.8×	+0.9×	Dec 31, 2012
2011	$20.1B	$4.26B	3.9×	-1.5×	Dec 31, 2011
2010	$30.1B	$4.81B	5.4×	-4.7×	Dec 31, 2010
2009	$30B	$2.81B	10.1×	+6.2×	Dec 31, 2009
2008	$14.8B	$3.44B	3.9×	-16.8×	Dec 31, 2008
2007	$36.9B	$1.68B	20.8×	+1.9×	Dec 31, 2007
2006	$28.7B	$1.44B	18.9×	-8.0×	Dec 31, 2006
2005	$29.7B	$1.08B	26.9×	+6.7×	Dec 31, 2005
2004	$16.5B	$859M	20.2×	—	Dec 31, 2004
2003	$14B	-$27M	—	—	Dec 31, 2003
2002	$3.92B	-$28M	—	—	Dec 31, 2002


Super Micro Computer (SMCI)	10.8×
Adobe (ADBE)	10.6×
Dell Technologies (DELL)	10.6×
NetApp (NTAP)	10.5×
PTC (PTC)	10.2×
Qorvo (QRVO)	10.2×
GoDaddy (GDDY)	10.1×
Gartner (IT)	10.1×
QUALCOMM (QCOM)	9.9×
Ondas Holdings (ONDS)	9.9×
EPAM Systems (EPAM)	9.6×
Accenture (ACN)	9.4×
Science Applications International (SAIC)	9.2×
Skyworks Solutions (SWKS)	9.2×
Amkor Technology (AMKR)	8.7×
Gen Digital (GEN)	8.3×
First Solar (FSLR)	8.3×
Corpay (CPAY)	8.3×
Paycom Software (PAYC)	8.1×
Zoom Communications (ZM)	7.5×
Fiserv (FISV)	7.4×
Cognizant (CTSH)	7.1×
HP (HPQ)	6.4×
Fidelity National Information Services (FIS)	4.8×
IBM (IBM)	3.8×

EV/EBITDA for Corning (GLW) 2004-2026

EV/EBITDA daily chart for Corning (GLW)

Historical EV/EBITDA for Corning (GLW) from 2002 to 2025

About EV/EBITDA at Corning (GLW)

Corning EV/EBITDA by Year

Corning EV/EBITDA 2025: 22.5×

Corning EV/EBITDA 2024: 19.4×

Corning EV/EBITDA 2023: 13.0×

Corning EV/EBITDA 2022: 9.3×

Corning EV/EBITDA 2021: 8.9×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Corning (GLW) Key Financials