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Corning Inc
NYSE:GLW

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Corning Inc
NYSE:GLW
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Price: 31.42 USD -0.35% Market Closed
Updated: Apr 24, 2024

Gross Margin
Corning Inc

31.2%
Current
33%
Average
24.3%
Industry
Positive for the last year
31.2%
Positive average
33%
Worse than average
Better than industry value

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
31.2%
=
Gross Profit
3.9B
/
Revenue
12.6B

Gross Margin Across Competitors

Gross Margin Comparison
Corning Inc Competitors

Country US
Market Cap 25.8B USD
Gross Margin
31%
Country US
Market Cap 68.9B USD
Gross Margin
33%
Country JP
Market Cap 5.4T JPY
Gross Margin
38%
Country CN
Market Cap 197.6B CNY
Gross Margin
11%
Country TH
Market Cap 901.2B THB
Gross Margin
23%
Country TW
Market Cap 789.7B TWD
Gross Margin
29%
Country CN
Market Cap 159.4B CNY
Gross Margin
11%
Country KR
Market Cap 28.2T KRW
Gross Margin
18%
Country JP
Market Cap 2.8T JPY
Gross Margin
26%
Country JP
Market Cap 2.7T JPY
Gross Margin
27%
Country CN
Market Cap 72.4B CNY
Gross Margin
38%

Profitability Report

View the profitability report to see the full profitability analysis for Corning Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
31.2%
=
Gross Profit
3.9B
/
Revenue
12.6B
What is the Gross Margin of Corning Inc?

Based on Corning Inc's most recent financial statements, the company has Gross Margin of 31.2%.