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FLEX vs. GLW: Flex vs. Corning Stock Comparison

How do Flex (FLEX) 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

Flex (FLEX) and Corning (GLW) both belong to the Electronic Equipment, Instruments & Components industry, though FLEX is classified under Electronic Manufacturing Services while GLW falls under Electronic Components.

Company profile comparison for Flex (FLEX) and Corning (GLW)
Profile ItemFLEXGLW
NameFlex Ltd.Corning Incorporated
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & ComponentsElectronic Equipment, Instruments & Components
GICS Sub-IndustryElectronic Manufacturing ServicesElectronic Components
Market Capitalization25.78 billion USD91.42 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateMarch 18, 1994December 31, 1981
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

FLEX
GLW
GSPC
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Flex (FLEX) 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 Flex (FLEX) and Corning (GLW). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Flex (FLEX) and Corning (GLW). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Flex (FLEX) and Corning (GLW)
MetricFLEXGLW
Total Return (1Y)24.99%35.36%
Total Return (3Y, Annualized)59.41%65.24%
Total Return (5Y, Annualized)42.37%27.74%

Risk Profile

Drawdown History

FLEX
GLW
GSPC
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Flex (FLEX) 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 Flex (FLEX) and Corning (GLW). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Flex (FLEX) and Corning (GLW)
MetricFLEXGLW
Volatility (1Y, Annualized)76.21%76.20%
Beta (5Y)1.821.25
Max Drawdown (5Y)-58.83%-59.47%
Avg. Volume (3M)4.28M9.07M

Risk-Adjusted Performance

Risk-Return Positioning

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FLEX 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 Flex (FLEX) and Corning (GLW)
MetricFLEXGLW
Sharpe Ratio (1Y)0.270.41
Sortino Ratio (1Y)0.440.60

Profitability

ROE (TTM)

Both Flex (FLEX) at 19.13% 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.

FLEX

Technology Hardware & Equipment industry group

19.13%

Max
42.47%
FLEX
19.13%
Q3
19.13%
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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Flex (FLEX) 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 Flex (FLEX) at 3.35%, which keeps about the industry-typical share.

FLEX

Technology Hardware & Equipment industry group

3.35%

Max
27.60%
Q3
11.66%
Median
4.08%
FLEX
3.35%
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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Flex (FLEX) 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% operates in the top operating margin quartile, ahead of Flex (FLEX) at 5.05%, which runs around its industry’s norm.

FLEX

Technology Hardware & Equipment industry group

5.05%

Max
36.27%
Q3
18.36%
Median
8.84%
FLEX
5.05%
Q1
1.46%
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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Flex (FLEX) vs. Corning (GLW): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Flex (FLEX) and Corning (GLW)
MetricFLEXGLW
ROE (TTM)19.13%17.88%
ROA (TTM)4.39%5.80%
Net Margin (TTM)3.35%12.13%
Operating Margin (TTM)5.05%18.95%
Gross Margin (TTM)9.67%36.48%

Growth

Revenue Growth

Both Flex (FLEX) at 8.14% and Corning (GLW) at 19.14% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Flex (FLEX) vs. Corning (GLW): A comparison of their Revenue Growth across different time periods.

EPS Growth

Corning (GLW) at 215.52% clears its industry range for EPS growth, a much stronger earnings trajectory than Flex (FLEX) at 10.43%, which is closer to a typical peer reading.

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Flex (FLEX) vs. Corning (GLW): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Flex (FLEX) and Corning (GLW)
MetricFLEXGLW
Revenue Growth (YoY)8.14%19.14%
Revenue Growth (3Y CAGR)-0.69%3.27%
EPS Growth (YoY)10.43%215.52%
EPS Growth (3Y CAGR)10.65%5.92%

Financial Strength

Current Ratio (MRQ)

Both Flex (FLEX) at 1.34 and Corning (GLW) at 1.72 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

FLEX

Technology Hardware & Equipment industry group

1.34

Max
5.34
Q3
3.02
Median
1.95
FLEX
1.34
Q1
1.32
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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Flex (FLEX) vs. Corning (GLW): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Corning (GLW) at 0.64 carries an industry-typical debt-to-equity mix, while Flex (FLEX) at 1.03 uses more debt funding than most peers.

FLEX

Technology Hardware & Equipment industry group

1.03

Max
1.76
FLEX
1.03
Q3
0.78
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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Flex (FLEX) 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 Flex (FLEX) and Corning (GLW)
MetricFLEXGLW
Current Ratio (MRQ)1.341.72
Debt / Equity (MRQ)1.030.64
Net Debt / EBITDA1.321.49

Dividends

Dividend Yield (TTM)

Flex (FLEX) 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.

FLEX

Technology Hardware & Equipment industry group

0.00%

Max
0.73%
Q3
0.31%
FLEX
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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Flex (FLEX) vs. Corning (GLW): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Flex (FLEX) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Corning (GLW) reports a payout of 45.34%, ranking against industry peers normally.

FLEX

Technology Hardware & Equipment industry group

0.00%

Max
32.27%
Q3
14.48%
FLEX
0.00%
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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Flex (FLEX) vs. Corning (GLW): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Flex (FLEX) and Corning (GLW)
MetricFLEXGLW
Dividend Yield (TTM)0.00%1.08%
Dividend Payout Ratio (TTM)0.00%45.34%

Valuation

P/E Ratio (TTM)

Flex (FLEX) at 25.10 is near its industry’s usual P/E ratio, while Corning (GLW) at 42.97 sits in the richer quartile — GLW needs stronger growth or earnings quality to justify the premium.

FLEX

Technology Hardware & Equipment industry group

25.10

Max
69.48
Q3
41.02
Median
26.39
FLEX
25.10
Q1
19.36
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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Flex (FLEX) vs. Corning (GLW): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

Flex (FLEX) at 0.83 sits in the cheaper P/S ratio quartile while Corning (GLW) at 5.16 prices around its industry’s middle — FLEX costs less per dollar of sales, though read it alongside growth and margins.

FLEX

Technology Hardware & Equipment industry group

0.83

Max
11.30
Q3
5.82
Median
2.56
Q1
1.05
FLEX
0.83
Min
0.00

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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Flex (FLEX) vs. Corning (GLW): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Flex (FLEX) at 4.44 is valued about in line with its industry on P/B ratio, while Corning (GLW) at 7.03 carries an above-peer premium to book — GLW is pricier on assets.

FLEX

Technology Hardware & Equipment industry group

4.44

Max
10.75
Q3
5.52
FLEX
4.44
Median
3.17
Q1
1.79
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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Flex (FLEX) vs. Corning (GLW): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Flex (FLEX) and Corning (GLW)
MetricFLEXGLW
P/E Ratio (TTM)25.1042.97
P/S Ratio (TTM)0.835.16
P/B Ratio (MRQ)4.447.03
Free Cash Flow Yield (TTM)2.41%0.95%