GLW vs. HPQ: Corning vs. HP Stock Comparison
How do Corning (GLW) and HP (HPQ) 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 HP (HPQ) both fall under the Technology Hardware & Equipment industry group, but GLW is classified in Electronic Equipment, Instruments & Components while HPQ is classified in Technology Hardware, Storage & Peripherals.
| Profile Item | GLW | HPQ |
|---|---|---|
| Name | Corning Incorporated | HP Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Electronic Equipment, Instruments & Components | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Electronic Components | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 91.42 billion USD | 25.66 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 31, 1981 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GLW | HPQ |
|---|---|---|
| Total Return (1Y) | 35.36% | 15.35% |
| Total Return (3Y, Annualized) | 65.24% | 6.50% |
| Total Return (5Y, Annualized) | 27.74% | 1.86% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | GLW | HPQ |
|---|---|---|
| Volatility (1Y, Annualized) | 76.20% | 47.36% |
| Beta (5Y) | 1.25 | 1.18 |
| Max Drawdown (5Y) | -59.47% | -51.23% |
| Avg. Volume (3M) | 9.07M | 14.43M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GLW | HPQ |
|---|---|---|
| Sharpe Ratio (1Y) | 0.41 | 0.23 |
| Sortino Ratio (1Y) | 0.60 | 0.38 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Corning (GLW) earns 17.88% on shareholders’ equity, ranked against its industry; HP (HPQ) has no ROE this period.
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%
HPQ
Technology Hardware & Equipment industry group
--
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
- HPQ
- --
Net Margin (TTM)
Corning (GLW) at 12.13% retains a top-quartile share of revenue as profit, ahead of HP (HPQ) at 4.14%, 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%
HPQ
Technology Hardware & Equipment industry group
4.14%
- Max
- 27.60%
- Q3
- 11.66%
- HPQ
- 4.14%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Corning (GLW) at 18.95% operates in the top operating margin quartile, ahead of HP (HPQ) at 5.40%, 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%
HPQ
Technology Hardware & Equipment industry group
5.40%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- HPQ
- 5.40%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | GLW | HPQ |
|---|---|---|
| ROE (TTM) | 17.88% | -- |
| ROA (TTM) | 5.80% | 5.63% |
| Net Margin (TTM) | 12.13% | 4.14% |
| Operating Margin (TTM) | 18.95% | 5.40% |
| Gross Margin (TTM) | 36.48% | 19.66% |
Growth
Revenue Growth
Corning (GLW) at 19.14% is around its peer norm for revenue growth, while HP (HPQ) at 3.24% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Corning (GLW) at 215.52% clears its industry range for EPS growth, a much stronger earnings trajectory than HP (HPQ) at -5.69%, which is closer to a typical peer reading.
Growth Metrics
| Metric | GLW | HPQ |
|---|---|---|
| Revenue Growth (YoY) | 19.14% | 3.24% |
| Revenue Growth (3Y CAGR) | 3.27% | -4.21% |
| EPS Growth (YoY) | 215.52% | -5.69% |
| EPS Growth (3Y CAGR) | 5.92% | -4.58% |
Financial Strength
Current Ratio (MRQ)
Corning (GLW) at 1.72 keeps current ratio within its industry’s typical mid-range, while HP (HPQ) at 0.79 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HPQ.
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
HPQ
Technology Hardware & Equipment industry group
0.79
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- HPQ
- 0.79
- Min
- 0.17
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Corning (GLW) carries debt-to-equity ratio of 0.64 against its industry range, while HP (HPQ) reports no figure this period.
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
HPQ
Technology Hardware & Equipment industry group
--
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
- HPQ
- --
Financial Strength Metrics
| Metric | GLW | HPQ |
|---|---|---|
| Current Ratio (MRQ) | 1.72 | 0.79 |
| Debt / Equity (MRQ) | 0.64 | -- |
| Net Debt / EBITDA | 1.49 | 1.33 |
Dividends
Dividend Yield (TTM)
Both Corning (GLW) at 1.08% and HP (HPQ) at 4.04% 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%
HPQ
Technology Hardware & Equipment industry group
4.04%
- HPQ
- 4.04%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Corning (GLW) at 45.34% and HP (HPQ) at 45.40% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
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%
HPQ
Technology Hardware & Equipment industry group
45.40%
- HPQ
- 45.40%
- Max
- 32.27%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | GLW | HPQ |
|---|---|---|
| Dividend Yield (TTM) | 1.08% | 4.04% |
| Dividend Payout Ratio (TTM) | 45.34% | 45.40% |
Valuation
P/E Ratio (TTM)
HP (HPQ) at 10.86 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.
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
HPQ
Technology Hardware & Equipment industry group
10.86
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- HPQ
- 10.86
- Min
- 6.07
P/S Ratio (TTM)
HP (HPQ) at 0.43 sits in the cheaper P/S ratio quartile while Corning (GLW) at 5.16 prices around its industry’s middle — HPQ costs less per dollar of sales, though read it alongside growth and margins.
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
HPQ
Technology Hardware & Equipment industry group
0.43
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- HPQ
- 0.43
- Min
- 0.00
P/B Ratio (MRQ)
HP (HPQ) reports a negative P/B ratio of -279.02, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Corning (GLW) reports 7.03, ranking against industry peers normally.
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
HPQ
Technology Hardware & Equipment industry group
-279.02
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
- HPQ
- -279.02
Valuation Metrics
| Metric | GLW | HPQ |
|---|---|---|
| P/E Ratio (TTM) | 42.97 | 10.86 |
| P/S Ratio (TTM) | 5.16 | 0.43 |
| P/B Ratio (MRQ) | 7.03 | -279.02 |
| Free Cash Flow Yield (TTM) | 0.95% | 13.21% |