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ERIC vs. GLW: Telefonaktiebolaget LM Ericsson vs. Corning Stock Comparison

How do Telefonaktiebolaget LM Ericsson (ERIC) and Corning (GLW) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Telefonaktiebolaget LM Ericsson (ERIC) and Corning (GLW) both fall under the Technology Hardware & Equipment industry group, but ERIC is classified in Communications Equipment while GLW is classified in Electronic Equipment, Instruments & Components.

Corning (GLW) trades as ordinary local shares, while Telefonaktiebolaget LM Ericsson (ERIC) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Telefonaktiebolaget LM Ericsson (ERIC) and Corning (GLW)
Profile ItemERICGLW
NameTelefonaktiebolaget LM Ericsson Sponsored ADRCorning Incorporated
Country/RegionSwedenUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryCommunications EquipmentElectronic Equipment, Instruments & Components
GICS Sub-IndustryCommunications EquipmentElectronic Components
Market Capitalization33.25 billion USD91.42 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateAugust 24, 1981December 31, 1981
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

ERIC
GLW
GSPC
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Corning (GLW), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Telefonaktiebolaget LM Ericsson (ERIC) and Corning (GLW). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Telefonaktiebolaget LM Ericsson (ERIC) and Corning (GLW). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Corning (GLW)
MetricERICGLW
Total Return (1Y)11.58%35.36%
Total Return (3Y, Annualized)36.47%65.24%
Total Return (5Y, Annualized)2.71%27.74%

Risk Profile

Drawdown History

ERIC
GLW
GSPC
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Corning (GLW), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Telefonaktiebolaget LM Ericsson (ERIC) and Corning (GLW). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Corning (GLW)
MetricERICGLW
Volatility (1Y, Annualized)36.32%76.20%
Beta (5Y)0.961.25
Max Drawdown (5Y)-62.81%-59.47%
Avg. Volume (3M)9.73M9.07M

Risk-Adjusted Performance

Risk-Return Positioning

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ERIC and GLW are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Corning (GLW)
MetricERICGLW
Sharpe Ratio (1Y)0.200.41
Sortino Ratio (1Y)0.290.60

Profitability

ROE (TTM)

Both Telefonaktiebolaget LM Ericsson (ERIC) at 18.09% and Corning (GLW) at 17.88% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

ERIC

Technology Hardware & Equipment industry group

18.09%

Max
42.47%
Q3
19.13%
ERIC
18.09%
Median
11.00%
Q1
1.63%
Min
-20.62%

GLW

Technology Hardware & Equipment industry group

17.88%

Max
42.47%
Q3
19.13%
GLW
17.88%
Median
11.00%
Q1
1.63%
Min
-20.62%
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Corning (GLW): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Corning (GLW) at 12.13% retains a top-quartile share of revenue as profit, ahead of Telefonaktiebolaget LM Ericsson (ERIC) at 8.36%, which keeps about the industry-typical share.

ERIC

Technology Hardware & Equipment industry group

8.36%

Max
27.60%
Q3
11.66%
ERIC
8.36%
Median
4.08%
Q1
0.00%
Min
-11.02%

GLW

Technology Hardware & Equipment industry group

12.13%

Max
27.60%
GLW
12.13%
Q3
11.66%
Median
4.08%
Q1
0.00%
Min
-11.02%
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Corning (GLW): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Corning (GLW) at 18.95% carries a top-quartile operating margin, while Telefonaktiebolaget LM Ericsson (ERIC) at 0.00% operates in the bottom quartile.

ERIC

Technology Hardware & Equipment industry group

0.00%

Max
36.27%
Q3
18.36%
Median
8.84%
Q1
1.46%
ERIC
0.00%
Min
-21.39%

GLW

Technology Hardware & Equipment industry group

18.95%

Max
36.27%
GLW
18.95%
Q3
18.36%
Median
8.84%
Q1
1.46%
Min
-21.39%
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Corning (GLW): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Corning (GLW)
MetricERICGLW
ROE (TTM)18.09%17.88%
ROA (TTM)7.07%5.80%
Net Margin (TTM)8.36%12.13%
Operating Margin (TTM)0.00%18.95%
Gross Margin (TTM)48.01%36.48%

Growth

Revenue Growth

Corning (GLW) at 19.14% is around its peer norm for revenue growth, while Telefonaktiebolaget LM Ericsson (ERIC) at -4.52% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Telefonaktiebolaget LM Ericsson (ERIC) vs. Corning (GLW): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Telefonaktiebolaget LM Ericsson (ERIC) at 85,000.00% and Corning (GLW) at 215.52% grew per-share earnings faster than their entire industry benchmark ranges for EPS growth — a strong showing on both sides, though a depressed base year can exaggerate the percentage, so the level of earnings matters too.

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Telefonaktiebolaget LM Ericsson (ERIC) vs. Corning (GLW): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Corning (GLW)
MetricERICGLW
Revenue Growth (YoY)-4.52%19.14%
Revenue Growth (3Y CAGR)-4.48%3.27%
EPS Growth (YoY)85,000.00%215.52%
EPS Growth (3Y CAGR)14.83%5.92%

Financial Strength

Current Ratio (MRQ)

Corning (GLW) at 1.72 keeps current ratio within its industry’s typical mid-range, while Telefonaktiebolaget LM Ericsson (ERIC) at 1.16 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ERIC.

ERIC

Technology Hardware & Equipment industry group

1.16

Max
5.34
Q3
3.02
Median
1.95
Q1
1.32
ERIC
1.16
Min
0.17

GLW

Technology Hardware & Equipment industry group

1.72

Max
5.34
Q3
3.02
Median
1.95
GLW
1.72
Q1
1.32
Min
0.17
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Corning (GLW): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Telefonaktiebolaget LM Ericsson (ERIC) at 0.41 and Corning (GLW) at 0.64 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

ERIC

Technology Hardware & Equipment industry group

0.41

Max
1.76
Q3
0.78
ERIC
0.41
Median
0.24
Q1
0.04
Min
0.01

GLW

Technology Hardware & Equipment industry group

0.64

Max
1.76
Q3
0.78
GLW
0.64
Median
0.24
Q1
0.04
Min
0.01
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Corning (GLW): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Corning (GLW)
MetricERICGLW
Current Ratio (MRQ)1.161.72
Debt / Equity (MRQ)0.410.64
Net Debt / EBITDA--1.49

Dividends

Dividend Yield (TTM)

Telefonaktiebolaget LM Ericsson (ERIC) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Corning (GLW) reports a yield of 1.08%, ranking against industry peers normally.

ERIC

Technology Hardware & Equipment industry group

0.00%

Max
0.73%
Q3
0.31%
ERIC
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

GLW

Technology Hardware & Equipment industry group

1.08%

GLW
1.08%
Max
0.73%
Q3
0.31%
Median
0.00%
Q1
0.00%
Min
0.00%
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Corning (GLW): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Both Telefonaktiebolaget LM Ericsson (ERIC) at 51.66% and Corning (GLW) at 45.34% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.

ERIC

Technology Hardware & Equipment industry group

51.66%

ERIC
51.66%
Max
32.27%
Q3
14.48%
Median
0.00%
Q1
0.00%
Min
0.00%

GLW

Technology Hardware & Equipment industry group

45.34%

GLW
45.34%
Max
32.27%
Q3
14.48%
Median
0.00%
Q1
0.00%
Min
0.00%
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Corning (GLW): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Corning (GLW)
MetricERICGLW
Dividend Yield (TTM)0.00%1.08%
Dividend Payout Ratio (TTM)51.66%45.34%

Valuation

P/E Ratio (TTM)

Telefonaktiebolaget LM Ericsson (ERIC) at 16.55 sits in the cheaper P/E ratio quartile, while Corning (GLW) at 42.97 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

ERIC

Technology Hardware & Equipment industry group

16.55

Max
69.48
Q3
41.02
Median
26.39
Q1
19.36
ERIC
16.55
Min
6.07

GLW

Technology Hardware & Equipment industry group

42.97

Max
69.48
GLW
42.97
Q3
41.02
Median
26.39
Q1
19.36
Min
6.07
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Corning (GLW): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

A sales-based read is only available for Corning (GLW), whose P/S ratio of 5.16 ranks against industry peers; Telefonaktiebolaget LM Ericsson (ERIC) reports no figure this period.

ERIC

Technology Hardware & Equipment industry group

--

Max
11.30
Q3
5.82
Median
2.56
Q1
1.05
Min
0.00
ERIC
--

GLW

Technology Hardware & Equipment industry group

5.16

Max
11.30
Q3
5.82
GLW
5.16
Median
2.56
Q1
1.05
Min
0.00
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Corning (GLW): ERIC does not report P/S ratio, so it has no value marker; GLW is benchmarked against the Technology Hardware & Equipment industry group.

P/B Ratio (MRQ)

Telefonaktiebolaget LM Ericsson (ERIC) at 0.33 looks cheap against book in the lower P/B ratio quartile, while Corning (GLW) at 7.03 carries a premium in the upper quartile — a clear price-to-book gap.

ERIC

Technology Hardware & Equipment industry group

0.33

Max
10.75
Q3
5.52
Median
3.17
Q1
1.79
ERIC
0.33
Min
0.33

GLW

Technology Hardware & Equipment industry group

7.03

Max
10.75
GLW
7.03
Q3
5.52
Median
3.17
Q1
1.79
Min
0.33
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Corning (GLW): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Corning (GLW)
MetricERICGLW
P/E Ratio (TTM)16.5542.97
P/S Ratio (TTM)--5.16
P/B Ratio (MRQ)0.337.03
Free Cash Flow Yield (TTM)86.49%0.95%