Corning
GLW
#642
Rank
$31.24 B
Marketcap
$36.48
Share price
2.70%
Change (1 day)
15.81%
Change (1 year)
Corning, Inc. is an American company that produces glass, ceramics and related materials for industrial and scientific applications.

Operating Margin for Corning (GLW)

Operating Margin as of May 2024 (TTM): 6.76%

According to Corning's latest financial reports and stock price the company's current Operating Margin is 6.76%. At the end of 2022 the company had an Operating Margin of 14.72%.

Operating Margin history for Corning from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202214.72%-23.13%
202119.15%140.8%
20207.95%-36.33%
201912.49%-16.74%
201815.00%-16.23%
201717.91%-56.32%
201641.01%129.8%
201517.85%-53.03%
201437.99%14.56%
201333.16%19.26%
201227.81%-33.55%
201141.85%-29.8%
201059.62%59.55%
200937.37%40.5%
200826.60%44.72%
200718.38%11.61%
200616.47%31.13%
200512.56%44.04%
20048.72%-149.52%
2003-17.61%-12.96%
2002-20.23%361.34%
2001-4.38%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.17% 109.62%๐Ÿ‡บ๐Ÿ‡ธ USA
9.69% 43.34%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.39%-238.91%๐Ÿ‡บ๐Ÿ‡ธ USA
14.45% 113.76%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
-6.41%-194.82%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.08%-189.94%๐Ÿ‡บ๐Ÿ‡ธ USA
21.57% 219.08%๐Ÿ‡บ๐Ÿ‡ธ USA
16.53% 144.53%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.