GLW vs. IONQ: Corning vs. IonQ Stock Comparison
How do Corning (GLW) and IonQ (IONQ) 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 IonQ (IONQ) both fall under the Technology Hardware & Equipment industry group, but GLW is classified in Electronic Equipment, Instruments & Components while IONQ is classified in Technology Hardware, Storage & Peripherals.
Corning (GLW) has more than two decades of public-market history since December 31, 1981, whereas IonQ (IONQ) listed on January 4, 2021 and has a much shorter record to draw on.
| Profile Item | GLW | IONQ |
|---|---|---|
| Name | Corning Incorporated | IonQ, 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 | 15.16 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 31, 1981 | January 4, 2021 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GLW | IONQ |
|---|---|---|
| Total Return (1Y) | 35.36% | -40.10% |
| Total Return (3Y, Annualized) | 65.24% | 46.76% |
| Total Return (5Y, Annualized) | 27.74% | 9.52% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
IonQ (IONQ) carries a highly aggressive beta of 3.33, indicating much higher sensitivity to broad-market moves, whereas Corning (GLW) is closer to market-like at 1.25 — a noticeable difference in market-sensitivity profile.
| Metric | GLW | IONQ |
|---|---|---|
| Volatility (1Y, Annualized) | 76.20% | 94.72% |
| Beta (5Y) | 1.25 | 3.33 |
| Max Drawdown (5Y) | -59.47% | -90.00% |
| Avg. Volume (3M) | 9.07M | 22.02M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GLW | IONQ |
|---|---|---|
| Sharpe Ratio (1Y) | 0.41 | -0.47 |
| Sortino Ratio (1Y) | 0.60 | -0.74 |
Profitability
ROE (TTM)
Both Corning (GLW) at 17.88% and IonQ (IONQ) at 6.90% 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%
IONQ
Technology Hardware & Equipment industry group
6.90%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- IONQ
- 6.90%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
IonQ (IONQ) at 67.09% keeps the most of each sales dollar — above its industry’s net margin range — and Corning (GLW) at 12.13% also retains a top-quartile 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%
IONQ
Technology Hardware & Equipment industry group
67.09%
- IONQ
- 67.09%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
IonQ (IONQ) reports a negative operating margin of -249.14%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Corning (GLW) reports 18.95%, ranking against industry peers normally.
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%
IONQ
Technology Hardware & Equipment industry group
-249.14%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
- IONQ
- -249.14%
Profitability Metrics
| Metric | GLW | IONQ |
|---|---|---|
| ROE (TTM) | 17.88% | 6.90% |
| ROA (TTM) | 5.80% | -12.60% |
| Net Margin (TTM) | 12.13% | 67.09% |
| Operating Margin (TTM) | 18.95% | -249.14% |
| Gross Margin (TTM) | 36.48% | 24.67% |
Growth
Revenue Growth
IonQ (IONQ) at 201.85% clears its industry range for revenue growth, far stronger top-line momentum than Corning (GLW) at 19.14%, which is closer to a typical peer reading.
EPS Growth
Only one side can be read here: Corning (GLW) reports EPS growth of 215.52%, ranked against its industry; IonQ (IONQ) has no EPS growth figure this period.
Growth Metrics
| Metric | GLW | IONQ |
|---|---|---|
| Revenue Growth (YoY) | 19.14% | 201.85% |
| Revenue Growth (3Y CAGR) | 3.27% | 126.89% |
| EPS Growth (YoY) | 215.52% | -- |
| 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 IonQ (IONQ) at 4.24 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
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
IONQ
Technology Hardware & Equipment industry group
4.24
- Max
- 5.34
- IONQ
- 4.24
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
IonQ (IONQ) at 0.01 keeps leverage in the lower industry quartile, while Corning (GLW) at 0.64 runs a more typical debt-to-equity mix.
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
IONQ
Technology Hardware & Equipment industry group
0.01
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- IONQ
- 0.01
- Min
- 0.01
Financial Strength Metrics
| Metric | GLW | IONQ |
|---|---|---|
| Current Ratio (MRQ) | 1.72 | 4.24 |
| Debt / Equity (MRQ) | 0.64 | 0.01 |
| Net Debt / EBITDA | 1.49 | -- |
Dividends
Dividend Yield (TTM)
IonQ (IONQ) 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.
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%
IONQ
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- IONQ
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
IonQ (IONQ) 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.
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%
IONQ
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- IONQ
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | GLW | IONQ |
|---|---|---|
| Dividend Yield (TTM) | 1.08% | 0.00% |
| Dividend Payout Ratio (TTM) | 45.34% | 0.00% |
Valuation
P/E Ratio (TTM)
IonQ (IONQ) at 18.86 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
IONQ
Technology Hardware & Equipment industry group
18.86
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- IONQ
- 18.86
- Min
- 6.07
P/S Ratio (TTM)
Corning (GLW) at 5.16 prices around its industry’s typical P/S ratio, while IonQ (IONQ) at 39.84 clears its benchmark range — IONQ looks notably rich on sales.
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
IONQ
Technology Hardware & Equipment industry group
39.84
- IONQ
- 39.84
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
IonQ (IONQ) at 2.67 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
IONQ
Technology Hardware & Equipment industry group
2.67
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- IONQ
- 2.67
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | GLW | IONQ |
|---|---|---|
| P/E Ratio (TTM) | 42.97 | 18.86 |
| P/S Ratio (TTM) | 5.16 | 39.84 |
| P/B Ratio (MRQ) | 7.03 | 2.67 |
| Free Cash Flow Yield (TTM) | 0.95% | -2.81% |