GLW vs. TEL: Corning vs. TE Connectivity Stock Comparison
How do Corning (GLW) and TE Connectivity (TEL) 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 TE Connectivity (TEL) both belong to the Electronic Equipment, Instruments & Components industry, though GLW is classified under Electronic Components while TEL falls under Electronic Manufacturing Services.
| Profile Item | GLW | TEL |
|---|---|---|
| Name | Corning Incorporated | TE Connectivity plc |
| Country/Region | United States | Ireland |
| 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 Manufacturing Services |
| Market Capitalization | 91.42 billion USD | 59.52 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 31, 1981 | June 14, 2007 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GLW | TEL |
|---|---|---|
| Total Return (1Y) | 35.36% | -8.84% |
| Total Return (3Y, Annualized) | 65.24% | 22.58% |
| Total Return (5Y, Annualized) | 27.74% | 7.96% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | GLW | TEL |
|---|---|---|
| Volatility (1Y, Annualized) | 76.20% | 36.95% |
| Beta (5Y) | 1.25 | 1.14 |
| Max Drawdown (5Y) | -59.47% | -34.26% |
| Avg. Volume (3M) | 9.07M | 1.95M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GLW | TEL |
|---|---|---|
| Sharpe Ratio (1Y) | 0.41 | -0.36 |
| Sortino Ratio (1Y) | 0.60 | -0.47 |
Profitability
ROE (TTM)
TE Connectivity (TEL) at 24.61% sits in the top ROE quartile, while Corning (GLW) at 17.88% is closer to the peer norm — stronger capital efficiency for TEL.
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%
TEL
Technology Hardware & Equipment industry group
24.61%
- Max
- 42.47%
- TEL
- 24.61%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
For every dollar of sales, both Corning (GLW) at 12.13% and TE Connectivity (TEL) at 16.36% 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%
TEL
Technology Hardware & Equipment industry group
16.36%
- Max
- 27.60%
- TEL
- 16.36%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Both Corning (GLW) at 18.95% and TE Connectivity (TEL) at 21.07% 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%
TEL
Technology Hardware & Equipment industry group
21.07%
- Max
- 36.27%
- TEL
- 21.07%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | GLW | TEL |
|---|---|---|
| ROE (TTM) | 17.88% | 24.61% |
| ROA (TTM) | 5.80% | 10.00% |
| Net Margin (TTM) | 12.13% | 16.36% |
| Operating Margin (TTM) | 18.95% | 21.07% |
| Gross Margin (TTM) | 36.48% | 36.24% |
Growth
Revenue Growth
Both Corning (GLW) at 19.14% and TE Connectivity (TEL) at 8.94% 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 TE Connectivity (TEL) at -40.37% falls into the bottom quartile — a wide split in earnings momentum.
Growth Metrics
| Metric | GLW | TEL |
|---|---|---|
| Revenue Growth (YoY) | 19.14% | 8.94% |
| Revenue Growth (3Y CAGR) | 3.27% | 1.97% |
| EPS Growth (YoY) | 215.52% | -40.37% |
| EPS Growth (3Y CAGR) | 5.92% | -6.23% |
Financial Strength
Current Ratio (MRQ)
Both Corning (GLW) at 1.72 and TE Connectivity (TEL) at 1.73 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
TEL
Technology Hardware & Equipment industry group
1.73
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- TEL
- 1.73
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Both Corning (GLW) at 0.64 and TE Connectivity (TEL) at 0.41 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
TEL
Technology Hardware & Equipment industry group
0.41
- Max
- 1.76
- Q3
- 0.78
- TEL
- 0.41
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | GLW | TEL |
|---|---|---|
| Current Ratio (MRQ) | 1.72 | 1.73 |
| Debt / Equity (MRQ) | 0.64 | 0.41 |
| Net Debt / EBITDA | 1.49 | 0.76 |
Dividends
Dividend Yield (TTM)
Both Corning (GLW) at 1.08% and TE Connectivity (TEL) at 1.44% 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%
TEL
Technology Hardware & Equipment industry group
1.44%
- TEL
- 1.44%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both pay out more than their industries’ typical bands, and GLW more so: TE Connectivity (TEL) at 28.50% sits above the band, while Corning (GLW) at 45.34% exceeds every peer in its group.
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%
TEL
Technology Hardware & Equipment industry group
28.50%
- Max
- 32.27%
- TEL
- 28.50%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | GLW | TEL |
|---|---|---|
| Dividend Yield (TTM) | 1.08% | 1.44% |
| Dividend Payout Ratio (TTM) | 45.34% | 28.50% |
Valuation
P/E Ratio (TTM)
TE Connectivity (TEL) at 18.70 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
TEL
Technology Hardware & Equipment industry group
18.70
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- TEL
- 18.70
- Min
- 6.07
P/S Ratio (TTM)
On P/S ratio, both Corning (GLW) at 5.16 and TE Connectivity (TEL) at 2.99 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
TEL
Technology Hardware & Equipment industry group
2.99
- Max
- 11.30
- Q3
- 5.82
- TEL
- 2.99
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
TE Connectivity (TEL) at 4.38 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
TEL
Technology Hardware & Equipment industry group
4.38
- Max
- 10.75
- Q3
- 5.52
- TEL
- 4.38
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | GLW | TEL |
|---|---|---|
| P/E Ratio (TTM) | 42.97 | 18.70 |
| P/S Ratio (TTM) | 5.16 | 2.99 |
| P/B Ratio (MRQ) | 7.03 | 4.38 |
| Free Cash Flow Yield (TTM) | 0.95% | 4.09% |