Corning (GLW) Return on Invested Capital [ROIC] (2009 - 2026)
Corning (GLW) posted Return on Invested Capital [ROIC] of 10.44% for Q2 2026, up 3.16 percentage points from 7.28% a year earlier and up 0.57 percentage points from the prior quarter.
Corning (GLW) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Corning's Return on Invested Capital [ROIC] came in at 9.91%, up 5.53 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +7.92 percentage points (FY2020 to FY2025).
- In prior years, Corning's Return on Invested Capital [ROIC] was 4.39% in FY2024 (+0.72 pp), 3.66% in FY2023 (-2.05 pp), 5.72% in FY2022 (-2.48 pp) and 8.20% in FY2021 (+6.21 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2009.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last seven quarters, with an average year-over-year change of +3.05 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q3 2021, with a gain of 7.60 percentage points; the weakest was Q2 2023, with a drop of 4.82 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 9.87% (Q1 2026), 9.45% (Q4 2025) and 8.41% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 221.03 Bn | 204.14 Bn | 4.43 Bn | 10.79% |
| 2 | Corning | 141.47 Bn | 134.60 Bn | 1.63 Bn | 10.44% |
| 3 | Sherwin Williams | 77.59 Bn | 76.63 Bn | 3.34 Bn | 19.18% |
| 4 | Air Products & Chemicals | 61.84 Bn | 59.74 Bn | 1.04 Bn | 0.00% |
| 5 | LyondellBasell Industries | 37.84 Bn | 27.46 Bn | 2.04 Bn | 4.14% |
| 6 | Nutrien | 33.77 Bn | 30.64 Bn | 3.25 Bn | 11.88% |
| 7 | Qnity Electronics | 27.51 Bn | 24.93 Bn | 666.00 Mn | 8.31% |
| 8 | Ati | 26.21 Bn | 24.36 Bn | 309.80 Mn | 14.85% |
| 9 | Ppg Industries | 23.37 Bn | 16.17 Bn | 1.81 Bn | 11.51% |
| 10 | International Flavors & Fragrances | 21.04 Bn | 18.74 Bn | 853.00 Mn | 2.98% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.44% |
| Mar 31, 2026 | 9.87% |
| Dec 31, 2025 | 9.45% |
| Sep 30, 2025 | 8.41% |
| Jun 30, 2025 | 7.28% |
| Mar 31, 2025 | 5.27% |
| Dec 31, 2024 | 4.44% |
| Sep 30, 2024 | 2.93% |
| Jun 30, 2024 | 3.14% |
| Mar 31, 2024 | 3.41% |
| Dec 31, 2023 | 3.66% |
| Sep 30, 2023 | 3.52% |
| Jun 30, 2023 | 3.82% |
| Mar 31, 2023 | 4.77% |
| Dec 31, 2022 | 5.92% |
| Sep 30, 2022 | 7.94% |
| Jun 30, 2022 | 8.64% |
| Mar 31, 2022 | 9.05% |
| Dec 31, 2021 | 8.63% |
| Sep 30, 2021 | 8.43% |
Corning Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=GLW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "GLW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=GLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();