Corning Incorporated (GLW)
Return on total capital
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 2,388,000 | 1,142,000 | 890,000 | 2,089,000 | 2,726,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 11,807,000 | 10,686,000 | 11,551,000 | 12,008,000 | 12,333,000 |
| Return on total capital | 20.23% | 10.69% | 7.70% | 17.40% | 22.10% |
December 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $2,388,000K ÷ ($—K + $11,807,000K)
= 20.23%
Peer comparison
Dec 31, 2025
Company name
Symbol
Return on total capital
Corning Incorporated
GLW
20.23%
Amphenol Corporation
APH
44.50%
Jabil Circuit Inc
JBL
75.08%
Littelfuse Inc
LFUS
1.56%
Plexus Corp
PLXS
0.00%
Sanmina Corporation
SANM
—
TE Connectivity Ltd
TEL
26.07%