GLW vs. TDY: Corning vs. Teledyne Stock Comparison
How do Corning (GLW) and Teledyne (TDY) 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 Teledyne (TDY) both belong to the Electronic Equipment, Instruments & Components industry, though GLW is classified under Electronic Components while TDY falls under Electronic Equipment & Instruments.
| Profile Item | GLW | TDY |
|---|---|---|
| Name | Corning Incorporated | Teledyne Technologies Incorporated |
| 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 | Electronic Equipment, Instruments & Components |
| GICS Sub-Industry | Electronic Components | Electronic Equipment & Instruments |
| Market Capitalization | 91.42 billion USD | 28.68 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 31, 1981 | November 23, 1999 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GLW | TDY |
|---|---|---|
| Total Return (1Y) | 35.36% | 25.47% |
| Total Return (3Y, Annualized) | 65.24% | 19.59% |
| Total Return (5Y, Annualized) | 27.74% | 7.96% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | GLW | TDY |
|---|---|---|
| Volatility (1Y, Annualized) | 76.20% | 27.63% |
| Beta (5Y) | 1.25 | 0.88 |
| Max Drawdown (5Y) | -59.47% | -32.24% |
| Avg. Volume (3M) | 9.07M | 304.37K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GLW | TDY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.41 | 0.77 |
| Sortino Ratio (1Y) | 0.60 | 1.19 |
Profitability
ROE (TTM)
Both Corning (GLW) at 17.88% and Teledyne (TDY) at 9.47% 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%
TDY
Technology Hardware & Equipment industry group
9.47%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- TDY
- 9.47%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
For every dollar of sales, both Corning (GLW) at 12.13% and Teledyne (TDY) at 15.75% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
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%
TDY
Technology Hardware & Equipment industry group
15.75%
- Max
- 27.60%
- TDY
- 15.75%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Both Corning (GLW) at 18.95% and Teledyne (TDY) at 20.76% 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%
TDY
Technology Hardware & Equipment industry group
20.76%
- Max
- 36.27%
- TDY
- 20.76%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | GLW | TDY |
|---|---|---|
| ROE (TTM) | 17.88% | 9.47% |
| ROA (TTM) | 5.80% | 5.31% |
| Net Margin (TTM) | 12.13% | 15.75% |
| Operating Margin (TTM) | 18.95% | 20.76% |
| Gross Margin (TTM) | 36.48% | 43.60% |
Growth
Revenue Growth
Both Corning (GLW) at 19.14% and Teledyne (TDY) at 7.86% 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% clears its industry range for EPS growth, a much stronger earnings trajectory than Teledyne (TDY) at 9.70%, which is closer to a typical peer reading.
Growth Metrics
| Metric | GLW | TDY |
|---|---|---|
| Revenue Growth (YoY) | 19.14% | 7.86% |
| Revenue Growth (3Y CAGR) | 3.27% | 3.86% |
| EPS Growth (YoY) | 215.52% | 9.70% |
| EPS Growth (3Y CAGR) | 5.92% | 4.53% |
Financial Strength
Current Ratio (MRQ)
Both Corning (GLW) at 1.72 and Teledyne (TDY) at 2.31 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
TDY
Technology Hardware & Equipment industry group
2.31
- Max
- 5.34
- Q3
- 3.02
- TDY
- 2.31
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Both Corning (GLW) at 0.64 and Teledyne (TDY) at 0.18 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
TDY
Technology Hardware & Equipment industry group
0.18
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- TDY
- 0.18
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | GLW | TDY |
|---|---|---|
| Current Ratio (MRQ) | 1.72 | 2.31 |
| Debt / Equity (MRQ) | 0.64 | 0.18 |
| Net Debt / EBITDA | 1.49 | 0.88 |
Dividends
Dividend Yield (TTM)
Teledyne (TDY) 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%
TDY
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- TDY
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Teledyne (TDY) 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%
TDY
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- TDY
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | GLW | TDY |
|---|---|---|
| Dividend Yield (TTM) | 1.08% | 0.00% |
| Dividend Payout Ratio (TTM) | 45.34% | 0.00% |
Valuation
P/E Ratio (TTM)
Teledyne (TDY) at 28.32 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
TDY
Technology Hardware & Equipment industry group
28.32
- Max
- 69.48
- Q3
- 41.02
- TDY
- 28.32
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
On P/S ratio, both Corning (GLW) at 5.16 and Teledyne (TDY) at 4.40 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
TDY
Technology Hardware & Equipment industry group
4.40
- Max
- 11.30
- Q3
- 5.82
- TDY
- 4.40
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
Teledyne (TDY) at 2.57 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
TDY
Technology Hardware & Equipment industry group
2.57
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- TDY
- 2.57
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | GLW | TDY |
|---|---|---|
| P/E Ratio (TTM) | 42.97 | 28.32 |
| P/S Ratio (TTM) | 5.16 | 4.40 |
| P/B Ratio (MRQ) | 7.03 | 2.57 |
| Free Cash Flow Yield (TTM) | 0.95% | 3.33% |