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GLW vs. HPE: Corning vs. Hewlett Packard Enterprise Stock Comparison

How do Corning (GLW) and Hewlett Packard Enterprise (HPE) 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

Corning (GLW) and Hewlett Packard Enterprise (HPE) both fall under the Technology Hardware & Equipment industry group, but GLW is classified in Electronic Equipment, Instruments & Components while HPE is classified in Technology Hardware, Storage & Peripherals.

Company profile comparison for Corning (GLW) and Hewlett Packard Enterprise (HPE)
Profile ItemGLWHPE
NameCorning IncorporatedHewlett Packard Enterprise Company
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & ComponentsTechnology Hardware, Storage & Peripherals
GICS Sub-IndustryElectronic ComponentsTechnology Hardware, Storage & Peripherals
Market Capitalization91.42 billion USD59.43 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateDecember 31, 1981October 19, 2015
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

GLW
HPE
GSPC
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Corning (GLW) vs. Hewlett Packard Enterprise (HPE), 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 Corning (GLW) and Hewlett Packard Enterprise (HPE). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Corning (GLW) and Hewlett Packard Enterprise (HPE). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Corning (GLW) and Hewlett Packard Enterprise (HPE)
MetricGLWHPE
Total Return (1Y)35.36%110.12%
Total Return (3Y, Annualized)65.24%49.38%
Total Return (5Y, Annualized)27.74%28.98%

Risk Profile

Drawdown History

GLW
HPE
GSPC
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Corning (GLW) vs. Hewlett Packard Enterprise (HPE), 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 Corning (GLW) and Hewlett Packard Enterprise (HPE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Corning (GLW) and Hewlett Packard Enterprise (HPE)
MetricGLWHPE
Volatility (1Y, Annualized)76.20%61.60%
Beta (5Y)1.251.49
Max Drawdown (5Y)-59.47%-48.36%
Avg. Volume (3M)9.07M20.47M

Risk-Adjusted Performance

Risk-Return Positioning

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GLW and HPE 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 Corning (GLW) and Hewlett Packard Enterprise (HPE)
MetricGLWHPE
Sharpe Ratio (1Y)0.411.72
Sortino Ratio (1Y)0.602.76

Profitability

ROE (TTM)

Both Corning (GLW) at 17.88% and Hewlett Packard Enterprise (HPE) at 10.94% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

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%

HPE

Technology Hardware & Equipment industry group

10.94%

Max
42.47%
Q3
19.13%
Median
11.00%
HPE
10.94%
Q1
1.63%
Min
-20.62%
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Corning (GLW) vs. Hewlett Packard Enterprise (HPE): 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 Hewlett Packard Enterprise (HPE) at 6.67%, which keeps about the industry-typical share.

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%

HPE

Technology Hardware & Equipment industry group

6.67%

Max
27.60%
Q3
11.66%
HPE
6.67%
Median
4.08%
Q1
0.00%
Min
-11.02%
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Corning (GLW) vs. Hewlett Packard Enterprise (HPE): 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 Hewlett Packard Enterprise (HPE) at 12.56%, which runs around its industry’s norm.

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%

HPE

Technology Hardware & Equipment industry group

12.56%

Max
36.27%
Q3
18.36%
HPE
12.56%
Median
8.84%
Q1
1.46%
Min
-21.39%
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Corning (GLW) vs. Hewlett Packard Enterprise (HPE): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Corning (GLW) and Hewlett Packard Enterprise (HPE)
MetricGLWHPE
ROE (TTM)17.88%10.94%
ROA (TTM)5.80%2.64%
Net Margin (TTM)12.13%6.67%
Operating Margin (TTM)18.95%12.56%
Gross Margin (TTM)36.48%36.62%

Growth

Revenue Growth

Both Corning (GLW) at 19.14% and Hewlett Packard Enterprise (HPE) at 13.84% 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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Corning (GLW) vs. Hewlett Packard Enterprise (HPE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Corning (GLW) at 215.52% delivers above-range EPS growth, while Hewlett Packard Enterprise (HPE) at -102.07% falls into the bottom quartile — a wide split in earnings momentum.

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Corning (GLW) vs. Hewlett Packard Enterprise (HPE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Corning (GLW) and Hewlett Packard Enterprise (HPE)
MetricGLWHPE
Revenue Growth (YoY)19.14%13.84%
Revenue Growth (3Y CAGR)3.27%6.37%
EPS Growth (YoY)215.52%-102.07%
EPS Growth (3Y CAGR)5.92%--

Financial Strength

Current Ratio (MRQ)

Corning (GLW) at 1.72 keeps current ratio within its industry’s typical mid-range, while Hewlett Packard Enterprise (HPE) at 1.11 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HPE.

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

HPE

Technology Hardware & Equipment industry group

1.11

Max
5.34
Q3
3.02
Median
1.95
Q1
1.32
HPE
1.11
Min
0.17
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Corning (GLW) vs. Hewlett Packard Enterprise (HPE): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Corning (GLW) at 0.64 and Hewlett Packard Enterprise (HPE) at 0.76 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

HPE

Technology Hardware & Equipment industry group

0.76

Max
1.76
Q3
0.78
HPE
0.76
Median
0.24
Q1
0.04
Min
0.01
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Corning (GLW) vs. Hewlett Packard Enterprise (HPE): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Corning (GLW) and Hewlett Packard Enterprise (HPE)
MetricGLWHPE
Current Ratio (MRQ)1.721.11
Debt / Equity (MRQ)0.640.76
Net Debt / EBITDA1.492.05

Dividends

Dividend Yield (TTM)

Both Corning (GLW) at 1.08% and Hewlett Packard Enterprise (HPE) at 1.26% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

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%

HPE

Technology Hardware & Equipment industry group

1.26%

HPE
1.26%
Max
0.73%
Q3
0.31%
Median
0.00%
Q1
0.00%
Min
0.00%
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Corning (GLW) vs. Hewlett Packard Enterprise (HPE): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Both pay out more than their industries’ typical bands, and GLW more so: Hewlett Packard Enterprise (HPE) at 28.74% sits above the band, while Corning (GLW) at 45.34% exceeds every peer in its group.

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%

HPE

Technology Hardware & Equipment industry group

28.74%

Max
32.27%
HPE
28.74%
Q3
14.48%
Median
0.00%
Q1
0.00%
Min
0.00%
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Corning (GLW) vs. Hewlett Packard Enterprise (HPE): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Corning (GLW) and Hewlett Packard Enterprise (HPE)
MetricGLWHPE
Dividend Yield (TTM)1.08%1.26%
Dividend Payout Ratio (TTM)45.34%28.74%

Valuation

P/E Ratio (TTM)

Hewlett Packard Enterprise (HPE) at 23.08 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.

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

HPE

Technology Hardware & Equipment industry group

23.08

Max
69.48
Q3
41.02
Median
26.39
HPE
23.08
Q1
19.36
Min
6.07
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Corning (GLW) vs. Hewlett Packard Enterprise (HPE): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Corning (GLW) at 5.16 and Hewlett Packard Enterprise (HPE) at 1.42 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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

HPE

Technology Hardware & Equipment industry group

1.42

Max
11.30
Q3
5.82
Median
2.56
HPE
1.42
Q1
1.05
Min
0.00
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Corning (GLW) vs. Hewlett Packard Enterprise (HPE): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Hewlett Packard Enterprise (HPE) at 2.24 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.

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

HPE

Technology Hardware & Equipment industry group

2.24

Max
10.75
Q3
5.52
Median
3.17
HPE
2.24
Q1
1.79
Min
0.33
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Corning (GLW) vs. Hewlett Packard Enterprise (HPE): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Corning (GLW) and Hewlett Packard Enterprise (HPE)
MetricGLWHPE
P/E Ratio (TTM)42.9723.08
P/S Ratio (TTM)5.161.42
P/B Ratio (MRQ)7.032.24
Free Cash Flow Yield (TTM)0.95%7.97%