GLW vs TMO vs IFF Stock Comparison

Corning, Thermo Fisher Scientific and International Flavors & Fragrances Prices as of Oct 26, 2026 Peers: Industry group
GLW Corning Inc /Ny
$127.80 -18.4% 1M +46.2% 1Y
Market cap
$109.37B
P/E
57.6x
Revenue (TTM)
$16.96B
Div. yield
0.01%
Specialty Chemicals Basic Materials
7 wins

Head to Head

12 decided of 12

Corning leads on 7 of the 12 questions below (Corning 7, Thermo Fisher Scientific 3, International Flavors & Fragrances 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGLWTMOIFFLeader
Larger companyMarket capitalisation $109.37B $257.69B $23.58B TMO
Cheaper on earningsLower P/E, profitable companies only 57.6x 36.4x 33.9x IFF
Cheaper on forward earningsLower price / next fiscal year consensus EPS 37.0x 26.4x 28.6x TMO
Faster revenue growthRevenue growth, trailing twelve months +19.4% +8.3% -4.6% GLW
More profitableNet margin, trailing twelve months 11.2% — 7.0% GLW
Better return on capitalReturn on invested capital 10.4% — 3.0% GLW
Less leveragedLower net debt / EBITDA 1.5x — 3.0x GLW
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.02% IFF
Better 1-year returnPrice return, last 12 months +46.2% +19.6% +42.1% GLW
Better 5-year returnAnnualised price return, 5 years +29.3%/yr +2.3%/yr -8.8%/yr GLW
Less volatileAnnualised volatility, 1 year 74.7% 29.9% 35.1% TMO
Higher overall scoreMean of the five percentile scores vs peers 57/100 51/100 50/100 GLW

Percentile Scorecard

GLWTMOIFF

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisGLWTMOIFF
Valuation 18 #77 of 94 49 #116 of 228 42 #55 of 94
Growth 99 #2 of 92 40 #133 of 221 81 #18 of 92
Profitability 81 #18 of 89 70 #63 of 208 57 #39 of 89
Financial Health 59 #40 of 97 – 44 #55 of 97
Shareholder Returns 28 #51 of 70 44 #77 of 137 26 #52 of 70
Overall 57 51 50
  • GLW ranked among 99 companies in Chemicals
  • TMO ranked among 248 companies in Medical Devices and Diagnostics
  • IFF ranked among 99 companies in Chemicals

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodGLWTMOIFFSPY
1 month -18.4%+1.7%+9.3% -0.8%
3 months -10.8%+22.4%+22.6% +3.5%
6 months -23.9%+46.3%+32.0% +7.0%
Year to date +46.0%+18.2%+39.0% +12.2%
1 year +46.2%+19.6%+42.1% +13.0%
3 years +380.6%+58.7%+38.1% +86.3%
3 years, per year +68.8%+16.7%+11.4% +23.1%
5 years +261.1%+11.8%-36.8% +68.6%
5 years, per year +29.3%+2.3%-8.8% +11.0%
10 years +455.2%+362.6%-29.1% +258.0%
10 years, per year +18.7%+16.6%-3.4% +13.6%

Risk

MeasureGLWTMOIFFSPY
Volatility, 1Y 74.7%29.9%35.1% 12.7%
Downside volatility, 1Y 75.7%28.3%28.7% 12.7%
Beta vs S&P 500, 1Y 3.030.620.68 1.00
Return / volatility, 1Y 0.620.661.20 1.02
Max drawdown, 5Y -51.6%-41.5%-61.1% -25.4%
From 52-week high -50.0%-1.7%-0.5% -1.8%
52-week high $255.69$696.55$94.13 $779.14
52-week low $78.03$438.34$61.49 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleGLWTMOIFF
P/E now vs peer median 58.0xmedian 21.6x 35.9xmedian 30.6x 34.3xmedian 21.6x
P/S now vs peer median 6.5xmedian 1.4x 5.3xmedian 3.0x 2.4xmedian 1.4x
EV/EBITDA now vs peer median 28.8xmedian 12.4x —median 17.5x 17.1xmedian 12.4x
P/FCF now vs peer median 46.0xmedian 15.8x 34.0xmedian 23.3x 44.3xmedian 15.8x
P/B now vs peer median 8.4xmedian 1.6x 4.6xmedian 2.4x 1.7xmedian 1.6x
PEG now vs peer median 1.33median 1.66 4.74median 0.87 1.06median 1.66

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsGLWTMOIFF
Revenue $16.96B $47.35B $9.98B
Gross profit $6.17B – $3.74B
Operating income $2.60B $8.47B $754.00M
Net income $2.07B $7.09B $295.00M
Free cash flow $2.40B – $540.00M
R&D $1.14B $1.40B $684.00M
EPS (diluted) $2.17 $19.06 $2.71
Cash & equivalents $2.50B $5.46B $569.00M
Total debt $8.47B – $5.70B
Shares (diluted) 875.00M 371.00M 257.00M
Enterprise value $101.94B $257.69B $21.24B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricGLWTMOIFF
P/E 58.0x 35.9x 34.3x
P/FCF 46.0x 34.0x 44.3x
P/Operating cash flow 28.1x 27.2x 20.6x
P/S 6.5x 5.3x 2.4x
P/B 8.4x 4.6x 1.7x
P/Tangible book 8.8x 6.9x 2.3x
EV/EBITDA 28.8x – 17.1x
EV/EBIT 44.7x – 38.5x
EV/Revenue 6.8x 5.3x 2.9x
EV/FCF 48.5x – 53.8x
EV/Operating cash flow 29.6x 27.2x 25.0x
PEG (3Y EPS CAGR) 1.33 4.74 1.06

Growth

14 metrics
MetricGLWTMOIFF
Revenue growth (1Y) 19.4% 8.3% -4.6%
Revenue CAGR (3Y) 8.4% 2.9% -5.6%
Gross profit growth (1Y) 24.9% – -3.8%
Gross profit CAGR (3Y) 15.6% – -0.2%
Operating income growth (1Y) 51.7% 12.8% 295.8%
Operating income CAGR (3Y) 39.6% 7.2% 35.2%
Net income growth (1Y) 128.4% 7.9% 170.2%
Net income CAGR (3Y) 44.1% 6.2% 28.8%
EPS growth (1Y) 129.3% 9.7% 900.0%
EPS CAGR (3Y) 43.7% 7.6% 32.3%
Operating cash flow growth (1Y) 79.5% 21.9% 5.4%
Operating cash flow CAGR (3Y) 27.4% 4.5% 12.2%
Free cash flow growth (1Y) 100.6% – -4.4%
Free cash flow CAGR (3Y) 111.0% – 26.8%

Profitability

14 metrics
MetricGLWTMOIFF
Gross margin 36.4% – 37.5%
EBITDA margin 23.8% – 17.1%
Operating margin 15.3% – 7.6%
Pretax margin 14.2% – 3.5%
Net margin 11.2% – 7.0%
FCF margin 14.1% – 5.4%
Operating cash flow margin 23.1% 19.7% 11.6%
Return on equity 16.3% 13.2% 2.1%
Return on assets 6.5% 6.2% 1.2%
Return on invested capital 10.4% – 3.0%
Return on capital employed 10.0% – 3.6%
Asset turnover 0.5x 0.4x 0.4x
Cash conversion (OCF / net income) 1.9x 1.3x 3.9x
Stock comp / revenue 2.5% – 0.9%

Financial Health

11 metrics
MetricGLWTMOIFF
Debt / assets 25.7% – 22.7%
Debt / equity 0.6x – 0.4x
Net debt / EBITDA 1.5x – 3.0x
Debt / FCF 3.5x – 10.6x
Liabilities / assets 60.2% – 44.3%
Equity / assets 39.8% 47.9% 55.7%
Interest coverage 7.3x – 4.0x
Current ratio 1.8x 1.8x 2.1x
Quick ratio 0.9x – 0.5x
Cash ratio 0.4x – 0.1x
Altman Z-score 5.00 – 1.82

Shareholder Returns

7 metrics
MetricGLWTMOIFF
Dividend yield 0.9% 0.3% 1.7%
Net buyback yield -0.5% – 0.3%
Shareholder yield 0.4% 0.3% 2.0%
Payout ratio (earnings) 47.8% – 138.6%
Payout ratio (FCF) 41.4% – 75.7%
Dividend growth (1Y) -0.3% – 0.0%
Dividend CAGR (3Y) 0.9% – -20.7%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusGLWTMOIFF
Forward P/E 37.0xFY2026 26.4xFY2026 28.6xFY2026
EPS, next fiscal year $3.45FY2026 $25.91FY2026 $3.28FY2026
EPS growth, next FY +36.9%FY2026 +13.3%FY2026 -21.9%FY2026
EPS growth, the year after +24.1% +2.0% +23.5%
Revenue, next fiscal year $18.34BFY2026 $50.12BFY2026 $8.10BFY2026
Revenue growth, next FY +11.8%FY2026 +12.5%FY2026 -25.7%FY2026
Revenue growth, the year after +31.0% -2.8% -8.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGLWTMOIFF
Held by institutions 73.0% 90.2% 100.0%
Institutions holding 2,680 2,621 753
Change in shares held, QoQ +3.5% +0.8% +6.0%
Institutions buying 1,474 1,141 410
Institutions selling 949 1,144 226
Buyers to sellers 1.55 1.00 1.81

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

GLWTMOIFF
GLW 1.00 -0.03 0.03
TMO -0.03 1.00 0.18
IFF 0.03 0.18 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GLW, TMO and IFF?

Thermo Fisher Scientific (TMO) is the largest by market capitalisation: Corning (GLW) $109.37B, Thermo Fisher Scientific (TMO) $257.69B, International Flavors & Fragrances (IFF) $23.58B.

Which stock is cheaper, GLW, TMO and IFF?

International Flavors & Fragrances (IFF) trades on the lowest price-to-earnings ratio (Corning (GLW) 57.6x, Thermo Fisher Scientific (TMO) 36.4x, International Flavors & Fragrances (IFF) 33.9x). On next year's consensus earnings, Thermo Fisher Scientific (TMO) is cheapest (Corning (GLW) 37.0x, Thermo Fisher Scientific (TMO) 26.4x, International Flavors & Fragrances (IFF) 28.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Corning (GLW) grew revenue fastest over the trailing twelve months: Corning (GLW) +19.4%, Thermo Fisher Scientific (TMO) +8.3%, International Flavors & Fragrances (IFF) -4.6%.

Which company is more profitable?

Corning (GLW) has the highest net margin (Corning (GLW) 11.2%, International Flavors & Fragrances (IFF) 7.0%). On return on invested capital, Corning (GLW) leads (Corning (GLW) 10.4%, International Flavors & Fragrances (IFF) 3.0%).

Which stock has performed better?

Over the past year Corning (GLW) returned the most: Corning (GLW) +46.2%, Thermo Fisher Scientific (TMO) +19.6%, International Flavors & Fragrances (IFF) +42.1%. Over five years, Corning (GLW) compounded fastest (Corning (GLW) +29.3%/yr, Thermo Fisher Scientific (TMO) +2.3%/yr, International Flavors & Fragrances (IFF) -8.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

International Flavors & Fragrances (IFF) has the highest dividend yield: Corning (GLW) 0.01%, Thermo Fisher Scientific (TMO) 0.00%, International Flavors & Fragrances (IFF) 0.02%. Thermo Fisher Scientific (TMO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Thermo Fisher Scientific (TMO) has been the steadiest (Corning (GLW) 74.7%, Thermo Fisher Scientific (TMO) 29.9%, International Flavors & Fragrances (IFF) 35.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GLW, TMO and IFF?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Corning (GLW) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.