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GLW vs. LITE: Corning vs. Lumentum Stock Comparison

How do Corning (GLW) and Lumentum (LITE) 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 Lumentum (LITE) both fall under the Technology Hardware & Equipment industry group, but GLW is classified in Electronic Equipment, Instruments & Components while LITE is classified in Communications Equipment.

Company profile comparison for Corning (GLW) and Lumentum (LITE)
Profile ItemGLWLITE
NameCorning IncorporatedLumentum Holdings Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & ComponentsCommunications Equipment
GICS Sub-IndustryElectronic ComponentsCommunications Equipment
Market Capitalization91.42 billion USD48.84 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateDecember 31, 1981July 23, 2015
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

GLW
LITE
GSPC
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Corning (GLW) vs. Lumentum (LITE), 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 Lumentum (LITE). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Corning (GLW) and Lumentum (LITE)
MetricGLWLITE
Total Return (1Y)35.36%150.31%
Total Return (3Y, Annualized)65.24%147.76%
Total Return (5Y, Annualized)27.74%45.47%

Risk Profile

Drawdown History

GLW
LITE
GSPC
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Corning (GLW) vs. Lumentum (LITE), 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 Lumentum (LITE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Corning (GLW) and Lumentum (LITE)
MetricGLWLITE
Volatility (1Y, Annualized)76.20%101.27%
Beta (5Y)1.251.73
Max Drawdown (5Y)-59.47%-66.48%
Avg. Volume (3M)9.07M5.27M

Risk-Adjusted Performance

Risk-Return Positioning

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GLW and LITE 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 Lumentum (LITE)
MetricGLWLITE
Sharpe Ratio (1Y)0.411.44
Sortino Ratio (1Y)0.602.14

Profitability

ROE (TTM)

Lumentum (LITE) reports a negative ROE of -245.79%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Corning (GLW) reports 17.88%, ranking against industry peers normally.

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%

LITE

Technology Hardware & Equipment industry group

-245.79%

Max
42.47%
Q3
19.13%
Median
11.00%
Q1
1.63%
Min
-20.62%
LITE
-245.79%
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Corning (GLW) vs. Lumentum (LITE): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Lumentum (LITE) reports a negative net margin of -175.78%, usually indicating a net loss over the period. Meanwhile Corning (GLW) reports 12.13%, ranking against industry peers normally.

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%

LITE

Technology Hardware & Equipment industry group

-175.78%

Max
27.60%
Q3
11.66%
Median
4.08%
Q1
0.00%
Min
-11.02%
LITE
-175.78%
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Corning (GLW) vs. Lumentum (LITE): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Both Corning (GLW) at 18.95% and Lumentum (LITE) at 27.95% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

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%

LITE

Technology Hardware & Equipment industry group

27.95%

Max
36.27%
LITE
27.95%
Q3
18.36%
Median
8.84%
Q1
1.46%
Min
-21.39%
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Corning (GLW) vs. Lumentum (LITE): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Corning (GLW) and Lumentum (LITE)
MetricGLWLITE
ROE (TTM)17.88%-245.79%
ROA (TTM)5.80%9.19%
Net Margin (TTM)12.13%-175.78%
Operating Margin (TTM)18.95%27.95%
Gross Margin (TTM)36.48%47.98%

Growth

Revenue Growth

Lumentum (LITE) at 83.22% 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.

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

EPS Growth

Corning (GLW) at 215.52% sits above its peer range for EPS growth; Lumentum (LITE) at -25,224.32% sits below its range, putting their earnings trajectories at opposite ends.

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

Growth Metrics

Growth metrics for Corning (GLW) and Lumentum (LITE)
MetricGLWLITE
Revenue Growth (YoY)19.14%83.22%
Revenue Growth (3Y CAGR)3.27%19.48%
EPS Growth (YoY)215.52%-25,224.32%
EPS Growth (3Y CAGR)5.92%--

Financial Strength

Current Ratio (MRQ)

Both Corning (GLW) at 1.72 and Lumentum (LITE) at 1.61 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity 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

LITE

Technology Hardware & Equipment industry group

1.61

Max
5.34
Q3
3.02
Median
1.95
LITE
1.61
Q1
1.32
Min
0.17
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Corning (GLW) vs. Lumentum (LITE): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Corning (GLW) at 0.64 and Lumentum (LITE) at 0.31 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

LITE

Technology Hardware & Equipment industry group

0.31

Max
1.76
Q3
0.78
LITE
0.31
Median
0.24
Q1
0.04
Min
0.01
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Corning (GLW) vs. Lumentum (LITE): 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 Lumentum (LITE)
MetricGLWLITE
Current Ratio (MRQ)1.721.61
Debt / Equity (MRQ)0.640.31
Net Debt / EBITDA1.49-0.48

Dividends

Dividend Yield (TTM)

Lumentum (LITE) 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%

LITE

Technology Hardware & Equipment industry group

0.00%

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

Dividend Payout Ratio (TTM)

Lumentum (LITE) 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%

LITE

Technology Hardware & Equipment industry group

0.00%

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

Dividend Metrics

Dividend metrics for Corning (GLW) and Lumentum (LITE)
MetricGLWLITE
Dividend Yield (TTM)1.08%0.00%
Dividend Payout Ratio (TTM)45.34%0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Corning (GLW) trades at 42.97 times trailing earnings, ranked against its peers, while Lumentum (LITE) has no P/E ratio this period.

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

LITE

Technology Hardware & Equipment industry group

--

Max
69.48
Q3
41.02
Median
26.39
Q1
19.36
Min
6.07
LITE
--
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Corning (GLW) vs. Lumentum (LITE): LITE does not report P/E ratio, so it has no value marker; GLW is benchmarked against the Technology Hardware & Equipment industry group.

P/S Ratio (TTM)

Corning (GLW) at 5.16 prices around its industry’s typical P/S ratio, while Lumentum (LITE) at 13.05 clears its benchmark range — LITE 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

LITE

Technology Hardware & Equipment industry group

13.05

LITE
13.05
Max
11.30
Q3
5.82
Median
2.56
Q1
1.05
Min
0.00
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Corning (GLW) vs. Lumentum (LITE): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Both Corning (GLW) at 7.03 and Lumentum (LITE) at 10.67 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

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

LITE

Technology Hardware & Equipment industry group

10.67

Max
10.75
LITE
10.67
Q3
5.52
Median
3.17
Q1
1.79
Min
0.33
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Corning (GLW) vs. Lumentum (LITE): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Corning (GLW) and Lumentum (LITE)
MetricGLWLITE
P/E Ratio (TTM)42.97--
P/S Ratio (TTM)5.1613.05
P/B Ratio (MRQ)7.0310.67
Free Cash Flow Yield (TTM)0.95%0.29%