GLW Profit Margins
Gross, Operating & Net Margin Analysis for Corning Inc
Margin Quality
Good
Current Profit Margins
Gross Margin
36.0%
$5.62B gross profit
Operating Margin
14.6%
$2.28B operating income
Net Profit Margin
10.2%
$1.60B net income
5-Year Margin Trends
What Margins Indicate About GLW
Business Quality
Moderate gross margins indicate Corning Inc operates in a competitive market with balanced pricing dynamics.
Operational Efficiency
Expanding operating margins show Corning Inc is improving operational leverage and cost management.
Profitability
Net margins in the 5-15% range are solid and typical for many profitable businesses.
Investment Implications
Expanding margins across the board suggest improving business fundamentals, which often supports stock price appreciation.
Understanding Profit Margins
Gross Margin
(Revenue - Cost of Goods Sold) / Revenue. Measures pricing power and production efficiency before operating expenses.
Operating Margin
Operating Income / Revenue. Shows profitability from core operations after all operating expenses but before interest and taxes.
Net Profit Margin
Net Income / Revenue. The bottom line - shows how much profit the company keeps from each dollar of revenue after all expenses.
Analyze GLW Profitability
Get complete financial analysis with profitability trends, ROE, ROIC, and more
Frequently Asked Questions
What is GLW's profit margin?
GLW (Corning Inc) has a net profit margin of 10.2%, meaning the company keeps $0.10211785782839593 in profit for every dollar of revenue. This represents an improvement from the previous year's net margin of 3.9%.
What is GLW's gross margin?
GLW's gross margin is 36.0%. Gross margin measures the percentage of revenue remaining after subtracting the cost of goods sold. A moderate gross margin like this reflects the competitive dynamics of the Information Technology.
What is GLW's operating margin?
GLW has an operating margin of 14.6%. Operating margin shows profitability after operating expenses but before interest and taxes. The 5.9% year-over-year improvement suggests better operational efficiency.
Are GLW's profit margins good?
GLW's margins are considered good. When evaluating margins, it's important to compare against Electronic Equipment, Instruments & Components peers, as different sectors have structurally different margin profiles.
How do profit margins affect GLW stock?
Profit margins are a key indicator of GLW's business quality and competitive position. The current margins should be evaluated alongside growth rates and return on capital to assess overall business quality. Expanding margins often lead to stock price appreciation, while contracting margins can signal competitive pressures.
What drives GLW's profit margins?
GLW's profit margins are influenced by several factors: pricing power vs competitors, operational efficiency, scale advantages, input costs (materials, labor), Electronic Equipment, Instruments & Components-specific dynamics, and management execution. The significant expansion in gross margin suggests changes in these underlying drivers.
Disclaimer: Margin analysis is based on reported financial statements and should be compared to industry peers for context. Different sectors have structurally different margin profiles. This information is for educational purposes only and should not be considered financial advice.