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.
| Profile Item | GLW | WDC |
|---|---|---|
| Name | Corning Incorporated | Western Digital Corp. |
| 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 | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Electronic Components | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 91.42 billion USD | 98.74 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | December 31, 1981 | October 31, 1978 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GLW | WDC |
|---|---|---|
| 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
Return Distribution
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.
| Metric | GLW | WDC |
|---|---|---|
| Volatility (1Y, Annualized) | 76.20% | 83.20% |
| Beta (5Y) | 1.25 | 2.35 |
| Max Drawdown (5Y) | -59.47% | -64.64% |
| Avg. Volume (3M) | 9.07M | 8.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GLW | WDC |
|---|---|---|
| Sharpe Ratio (1Y) | 0.41 | 0.90 |
| Sortino Ratio (1Y) | 0.60 | 1.32 |
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%
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%
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%
Profitability Metrics
| Metric | GLW | WDC |
|---|---|---|
| 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.
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.
Growth Metrics
| Metric | GLW | WDC |
|---|---|---|
| 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
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
Financial Strength Metrics
| Metric | GLW | WDC |
|---|---|---|
| Current Ratio (MRQ) | 1.72 | 1.43 |
| Debt / Equity (MRQ) | 0.64 | 0.10 |
| Net Debt / EBITDA | 1.49 | -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%
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%
Dividend Metrics
| Metric | GLW | WDC |
|---|---|---|
| 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
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
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
Valuation Metrics
| Metric | GLW | WDC |
|---|---|---|
| P/E Ratio (TTM) | 42.97 | 9.28 |
| P/S Ratio (TTM) | 5.16 | 6.82 |
| P/B Ratio (MRQ) | 7.03 | 10.55 |
| Free Cash Flow Yield (TTM) | 0.95% | 2.76% |