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GLW vs. WDC: Corning vs. Western Digital Stock Comparison

How do Corning (GLW) and Western Digital (WDC) 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 Western Digital (WDC) both fall under the Technology Hardware & Equipment industry group, but GLW is classified in Electronic Equipment, Instruments & Components while WDC is classified in Technology Hardware, Storage & Peripherals.

Company profile comparison for Corning (GLW) and Western Digital (WDC)
Profile ItemGLWWDC
NameCorning IncorporatedWestern Digital Corp.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & ComponentsTechnology Hardware, Storage & Peripherals
GICS Sub-IndustryElectronic ComponentsTechnology Hardware, Storage & Peripherals
Market Capitalization91.42 billion USD98.74 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateDecember 31, 1981October 31, 1978
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

GLW
WDC
GSPC
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Corning (GLW) vs. Western Digital (WDC), 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 Western Digital (WDC). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Corning (GLW) and Western Digital (WDC)
MetricGLWWDC
Total Return (1Y)35.36%78.89%
Total Return (3Y, Annualized)65.24%106.11%
Total Return (5Y, Annualized)27.74%47.06%

Risk Profile

Drawdown History

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

Risk Metrics

Western Digital (WDC) carries a highly aggressive beta of 2.35, 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.

Risk profile metrics for Corning (GLW) and Western Digital (WDC)
MetricGLWWDC
Volatility (1Y, Annualized)76.20%83.20%
Beta (5Y)1.252.35
Max Drawdown (5Y)-59.47%-64.64%
Avg. Volume (3M)9.07M8.01M

Risk-Adjusted Performance

Risk-Return Positioning

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GLW and WDC 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 Western Digital (WDC)
MetricGLWWDC
Sharpe Ratio (1Y)0.410.90
Sortino Ratio (1Y)0.601.32

Profitability

ROE (TTM)

Western Digital (WDC) at 129.60% clears its industry range for ROE, a sharper capital-efficiency signal than Corning (GLW) at 17.88%, which is closer to a typical peer reading.

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%

WDC

Technology Hardware & Equipment industry group

129.60%

WDC
129.60%
Max
42.47%
Q3
19.13%
Median
11.00%
Q1
1.63%
Min
-20.62%
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Corning (GLW) vs. Western Digital (WDC): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Western Digital (WDC) at 69.20% 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%

WDC

Technology Hardware & Equipment industry group

69.20%

WDC
69.20%
Max
27.60%
Q3
11.66%
Median
4.08%
Q1
0.00%
Min
-11.02%
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Corning (GLW) vs. Western Digital (WDC): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Western Digital (WDC) at 47.68% shows unusually strong operating efficiency — above its industry’s operating margin range — and Corning (GLW) at 18.95% also operates in the top quartile.

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%

WDC

Technology Hardware & Equipment industry group

47.68%

WDC
47.68%
Max
36.27%
Q3
18.36%
Median
8.84%
Q1
1.46%
Min
-21.39%
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Corning (GLW) vs. Western Digital (WDC): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Corning (GLW) and Western Digital (WDC)
MetricGLWWDC
ROE (TTM)17.88%129.60%
ROA (TTM)5.80%25.88%
Net Margin (TTM)12.13%69.20%
Operating Margin (TTM)18.95%47.68%
Gross Margin (TTM)36.48%52.60%

Growth

Revenue Growth

Western Digital (WDC) at 35.70% sits in the top revenue growth quartile, while Corning (GLW) at 19.14% is closer to the peer norm — faster top-line expansion for WDC.

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Corning (GLW) vs. Western Digital (WDC): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Corning (GLW) at 215.52% and Western Digital (WDC) at 372.38% grew per-share earnings faster than their entire industry benchmark ranges for EPS growth — a strong showing on both sides, though a depressed base year can exaggerate the percentage, so the level of earnings matters too.

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Corning (GLW) vs. Western Digital (WDC): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Corning (GLW) and Western Digital (WDC)
MetricGLWWDC
Revenue Growth (YoY)19.14%35.70%
Revenue Growth (3Y CAGR)3.27%27.35%
EPS Growth (YoY)215.52%372.38%
EPS Growth (3Y CAGR)5.92%--

Financial Strength

Current Ratio (MRQ)

Both Corning (GLW) at 1.72 and Western Digital (WDC) at 1.43 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

WDC

Technology Hardware & Equipment industry group

1.43

Max
5.34
Q3
3.02
Median
1.95
WDC
1.43
Q1
1.32
Min
0.17
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Corning (GLW) vs. Western Digital (WDC): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Corning (GLW) at 0.64 and Western Digital (WDC) at 0.10 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

WDC

Technology Hardware & Equipment industry group

0.10

Max
1.76
Q3
0.78
Median
0.24
WDC
0.10
Q1
0.04
Min
0.01
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Corning (GLW) vs. Western Digital (WDC): 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 Western Digital (WDC)
MetricGLWWDC
Current Ratio (MRQ)1.721.43
Debt / Equity (MRQ)0.640.10
Net Debt / EBITDA1.49-0.06

Dividends

Dividend Yield (TTM)

Western Digital (WDC) at 0.21% pays an industry-typical yield; Corning (GLW) at 1.08% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

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%

WDC

Technology Hardware & Equipment industry group

0.21%

Max
0.73%
Q3
0.31%
WDC
0.21%
Median
0.00%
Q1
0.00%
Min
0.00%
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Corning (GLW) vs. Western Digital (WDC): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Western Digital (WDC) at 1.93% keeps its payout in the industry’s typical band, while Corning (GLW) at 45.34% pays out more than any of its peers — the most stretched cover 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%

WDC

Technology Hardware & Equipment industry group

1.93%

Max
32.27%
Q3
14.48%
WDC
1.93%
Median
0.00%
Q1
0.00%
Min
0.00%
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Corning (GLW) vs. Western Digital (WDC): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Corning (GLW) and Western Digital (WDC)
MetricGLWWDC
Dividend Yield (TTM)1.08%0.21%
Dividend Payout Ratio (TTM)45.34%1.93%

Valuation

P/E Ratio (TTM)

Western Digital (WDC) at 9.28 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

WDC

Technology Hardware & Equipment industry group

9.28

Max
69.48
Q3
41.02
Median
26.39
Q1
19.36
WDC
9.28
Min
6.07
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Corning (GLW) vs. Western Digital (WDC): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

Corning (GLW) at 5.16 is priced about in line with its industry on P/S ratio, while Western Digital (WDC) at 6.82 sits in the pricier quartile — WDC costs more per dollar of 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

WDC

Technology Hardware & Equipment industry group

6.82

Max
11.30
WDC
6.82
Q3
5.82
Median
2.56
Q1
1.05
Min
0.00
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Corning (GLW) vs. Western Digital (WDC): 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 Western Digital (WDC) at 10.55 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

WDC

Technology Hardware & Equipment industry group

10.55

Max
10.75
WDC
10.55
Q3
5.52
Median
3.17
Q1
1.79
Min
0.33
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Corning (GLW) vs. Western Digital (WDC): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Corning (GLW) and Western Digital (WDC)
MetricGLWWDC
P/E Ratio (TTM)42.979.28
P/S Ratio (TTM)5.166.82
P/B Ratio (MRQ)7.0310.55
Free Cash Flow Yield (TTM)0.95%2.76%