GLW vs. NOK: Corning vs. Nokia Stock Comparison
How do Corning (GLW) and Nokia (NOK) 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 Nokia (NOK) both fall under the Technology Hardware & Equipment industry group, but GLW is classified in Electronic Equipment, Instruments & Components while NOK is classified in Communications Equipment.
Corning (GLW) trades as ordinary local shares, while Nokia (NOK) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | GLW | NOK |
|---|---|---|
| Name | Corning Incorporated | Nokia Corporation Sponsored ADR |
| Country/Region | United States | Finland |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Electronic Equipment, Instruments & Components | Communications Equipment |
| GICS Sub-Industry | Electronic Components | Communications Equipment |
| Market Capitalization | 91.42 billion USD | 43.35 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 31, 1981 | July 1, 1994 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GLW | NOK |
|---|---|---|
| Total Return (1Y) | 35.36% | 19.81% |
| Total Return (3Y, Annualized) | 65.24% | 36.27% |
| Total Return (5Y, Annualized) | 27.74% | 9.52% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | GLW | NOK |
|---|---|---|
| Volatility (1Y, Annualized) | 76.20% | 62.40% |
| Beta (5Y) | 1.25 | 1.24 |
| Max Drawdown (5Y) | -59.47% | -55.73% |
| Avg. Volume (3M) | 9.07M | 77.91M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GLW | NOK |
|---|---|---|
| Sharpe Ratio (1Y) | 0.41 | 0.25 |
| Sortino Ratio (1Y) | 0.60 | 0.35 |
Profitability
ROE (TTM)
Both Corning (GLW) at 17.88% and Nokia (NOK) at 3.88% 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%
NOK
Technology Hardware & Equipment industry group
3.88%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- NOK
- 3.88%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Corning (GLW) at 12.13% retains a top-quartile share of revenue as profit, ahead of Nokia (NOK) at 3.75%, 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%
NOK
Technology Hardware & Equipment industry group
3.75%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- NOK
- 3.75%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Corning (GLW) at 18.95% operates in the top operating margin quartile, ahead of Nokia (NOK) at 10.81%, 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%
NOK
Technology Hardware & Equipment industry group
10.81%
- Max
- 36.27%
- Q3
- 18.36%
- NOK
- 10.81%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | GLW | NOK |
|---|---|---|
| ROE (TTM) | 17.88% | 3.88% |
| ROA (TTM) | 5.80% | 3.49% |
| Net Margin (TTM) | 12.13% | 3.75% |
| Operating Margin (TTM) | 18.95% | 10.81% |
| Gross Margin (TTM) | 36.48% | 45.43% |
Growth
Revenue Growth
Both Corning (GLW) at 19.14% and Nokia (NOK) at 3.48% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Corning (GLW) at 215.52% delivers above-range EPS growth, while Nokia (NOK) at -47.83% falls into the bottom quartile — a wide split in earnings momentum.
Growth Metrics
| Metric | GLW | NOK |
|---|---|---|
| Revenue Growth (YoY) | 19.14% | 3.48% |
| Revenue Growth (3Y CAGR) | 3.27% | -5.76% |
| EPS Growth (YoY) | 215.52% | -47.83% |
| EPS Growth (3Y CAGR) | 5.92% | -45.71% |
Financial Strength
Current Ratio (MRQ)
Both Corning (GLW) at 1.72 and Nokia (NOK) at 1.46 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
NOK
Technology Hardware & Equipment industry group
1.46
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- NOK
- 1.46
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Both Corning (GLW) at 0.64 and Nokia (NOK) at 0.16 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
NOK
Technology Hardware & Equipment industry group
0.16
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- NOK
- 0.16
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | GLW | NOK |
|---|---|---|
| Current Ratio (MRQ) | 1.72 | 1.46 |
| Debt / Equity (MRQ) | 0.64 | 0.16 |
| Net Debt / EBITDA | 1.49 | -0.59 |
Dividends
Dividend Yield (TTM)
Both Corning (GLW) at 1.08% and Nokia (NOK) at 1.88% 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%
NOK
Technology Hardware & Equipment industry group
1.88%
- NOK
- 1.88%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Nokia (NOK) reports payout ratio above 100% at 100.17%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Corning (GLW) reports 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%
NOK
Technology Hardware & Equipment industry group
100.17%
- NOK
- 100.17%
- Max
- 32.27%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | GLW | NOK |
|---|---|---|
| Dividend Yield (TTM) | 1.08% | 1.88% |
| Dividend Payout Ratio (TTM) | 45.34% | 100.17% |
Valuation
P/E Ratio (TTM)
Both Corning (GLW) at 42.97 and Nokia (NOK) at 47.88 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
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
NOK
Technology Hardware & Equipment industry group
47.88
- Max
- 69.48
- NOK
- 47.88
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
On P/S ratio, both Corning (GLW) at 5.16 and Nokia (NOK) at 2.08 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
NOK
Technology Hardware & Equipment industry group
2.08
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- NOK
- 2.08
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
Nokia (NOK) at 1.82 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
NOK
Technology Hardware & Equipment industry group
1.82
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- NOK
- 1.82
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | GLW | NOK |
|---|---|---|
| P/E Ratio (TTM) | 42.97 | 47.88 |
| P/S Ratio (TTM) | 5.16 | 2.08 |
| P/B Ratio (MRQ) | 7.03 | 1.82 |
| Free Cash Flow Yield (TTM) | 0.95% | 2.98% |