Corning Incorporated (GLW)
Return on total capital
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 2,388,000 | 2,133,000 | 1,496,000 | 1,085,000 | 1,142,000 | 678,000 | 986,000 | 1,220,000 | 1,145,000 | 1,173,000 | 1,207,000 | 1,539,000 | 2,089,000 | 2,658,000 | 2,890,000 | 2,667,000 | 2,715,000 | 2,471,000 | 2,426,000 | 1,845,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 11,807,000 | 11,536,000 | 11,116,000 | 10,716,000 | 10,686,000 | 11,103,000 | 10,585,000 | 11,226,000 | 11,551,000 | 11,430,000 | 11,412,000 | 11,925,000 | 12,008,000 | 11,284,000 | 11,734,000 | 12,395,000 | 12,333,000 | 12,145,000 | 11,960,000 | 13,369,000 |
| Return on total capital | 20.23% | 18.49% | 13.46% | 10.13% | 10.69% | 6.11% | 9.32% | 10.87% | 9.91% | 10.26% | 10.58% | 12.91% | 17.40% | 23.56% | 24.63% | 21.52% | 22.01% | 20.35% | 20.28% | 13.80% |
December 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (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
51.62%
Littelfuse Inc
LFUS
1.59%
Plexus Corp
PLXS
10.14%
Sanmina Corporation
SANM
14.86%
TE Connectivity Ltd
TEL
26.07%