Debt to Assets Ratio: 28.71%
Is the debt to assets ratio high or low?
The debt to assets ratio of 28.71% is in line with its 5-year average of 28.49%, around the middle of its 5-year range (25.48%–33.00%).
As of Friday, June 26, 2026. 5.40% below its 12-month average of 30.35%.
GLW Debt to Assets Ratio
Reported quarterly debt to assets ratio; no daily interpolation.
GLW Average Debt to Assets Ratio Chart
GLW Current vs Average Debt to Assets Ratio Chart
GLW Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
28.71%
DEBT TO ASSETS RATIO AVG TTM
30.35%
DEBT TO ASSETS RATIO AVG 3Y
29.73%
DEBT TO ASSETS RATIO AVG 5Y
28.49%
DEBT TO ASSETS RATIO AVG 10Y
24.89%
DEBT TO ASSETS RATIO AVG 15Y
20.39%
DEBT TO ASSETS RATIO AVG 20Y
17.90%
CURRENT VS TTM AVG
-5.40%
CURRENT VS 3Y AVG
-3.44%
CURRENT VS 5Y AVG
+0.79%
CURRENT VS 10Y AVG
+15.33%
CURRENT VS 15Y AVG
+40.79%
CURRENT VS 20Y AVG
+60.37%
GLW Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corning Inc (GLW) | $186.16B | 28.71% | 30.35% | 29.73% | 28.49% |
| Analog Devices, Inc. (ADI)vs › | $187.33B | 0.18% | N/A | N/A | N/A |
| SAP SE (SAP)vs › | $180.72B | 0.11% | N/A | N/A | N/A |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $178.47B | 0.07% | N/A | N/A | N/A |
| Arista Networks, Inc. (ANET)vs › | $198.45B | 0.00% | N/A | N/A | N/A |
| QUALCOMM Incorporated (QCOM)vs › | $199.62B | 0.33% | N/A | N/A | N/A |
| Seagate Technology Holdings plc (STX)vs › | $201.78B | 0.62% | N/A | N/A | N/A |
| Western Digital Corporation (WDC)vs › | $202.14B | 0.36% | N/A | N/A | N/A |
| Amphenol Corporation (APH)vs › | $202.54B | 0.43% | N/A | N/A | N/A |
| Palo Alto Networks, Inc. (PANW)vs › | $207.32B | 0.01% | N/A | N/A | N/A |
Leverage Ratios Comparison
Debt/Assets
28.7%
Debt/Equity
0.87
Current Ratio
1.59
Interest Coverage
6.9x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Corning Inc (GLW)?
- The debt to assets ratio for GLW stock is 28.71%.
- Is Corning Inc's debt to assets ratio high or low?
- The debt to assets ratio of 28.71% is in line with its 5-year average of 28.49%, around the middle of its 5-year range (25.48%–33.00%).
- What is the TTM average debt to assets ratio for Corning Inc (GLW)?
- The TTM average debt to assets ratio for GLW stock is 30.35%.
- What is the 3Y average debt to assets ratio for Corning Inc (GLW)?
- The 3Y average debt to assets ratio for GLW stock is 29.73%.
- What is the 5Y average debt to assets ratio for Corning Inc (GLW)?
- The 5Y average debt to assets ratio for GLW stock is 28.49%.
- What is the 10Y average debt to assets ratio for Corning Inc (GLW)?
- The 10Y average debt to assets ratio for GLW stock is 24.89%.
- What is the 15Y average debt to assets ratio for Corning Inc (GLW)?
- The 15Y average debt to assets ratio for GLW stock is 20.39%.
- What is the 20Y average debt to assets ratio for Corning Inc (GLW)?
- The 20Y average debt to assets ratio for GLW stock is 17.90%.
GLW Debt to Assets Ratio History
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-03-31 | 28.71% |
| 2025-12-31 | 33.00% |
| 2025-09-30 | 30.70% |
| 2025-06-30 | 29.57% |
| 2025-03-31 | 29.76% |
| 2024-12-31 | 29.17% |
| 2024-09-30 | 29.45% |
| 2024-06-30 | 30.16% |
| 2024-03-31 | 30.02% |
| 2023-12-31 | 29.77% |
| 2023-09-30 | 29.91% |
| 2023-06-30 | 29.86% |
| 2023-03-31 | 27.05% |
| 2022-12-31 | 26.50% |
| 2022-09-30 | 26.02% |
| 2022-06-30 | 25.48% |
| 2022-03-31 | 25.54% |
| 2021-12-31 | 25.96% |
| 2021-09-30 | 26.23% |
| 2021-06-30 | 27.14% |
| 2021-03-31 | 28.21% |
| 2020-12-31 | 28.27% |
| 2020-09-30 | 28.99% |
| 2020-06-30 | 30.85% |
| 2020-03-31 | 30.37% |
| 2019-12-31 | 28.56% |
| 2019-09-30 | 25.76% |
| 2019-06-30 | 25.56% |
| 2019-03-31 | 22.05% |
| 2018-12-31 | 21.81% |
| 2018-09-30 | 20.11% |
| 2018-06-30 | 20.47% |
| 2018-03-31 | 19.33% |
| 2017-12-31 | 18.66% |
| 2017-09-30 | 16.46% |
| 2017-06-30 | 14.13% |
| 2017-03-31 | 13.87% |
| 2016-12-31 | 13.99% |
| 2016-09-30 | 13.62% |
| 2016-06-30 | 13.69% |
| 2016-03-31 | 15.88% |
| 2015-12-31 | 15.63% |
| 2015-09-30 | 13.90% |
| 2015-06-30 | 13.42% |
| 2015-03-31 | 11.16% |
| 2014-12-31 | 10.85% |
| 2014-09-30 | 12.35% |
| 2014-06-30 | 12.36% |
| 2014-03-31 | 12.50% |
| 2013-12-31 | 11.56% |
| 2013-09-30 | 9.89% |
| 2013-06-30 | 10.19% |
| 2013-03-31 | 10.24% |
| 2012-12-31 | 11.77% |
| 2012-09-30 | 11.57% |
| 2012-06-30 | 11.33% |
| 2012-03-31 | 11.10% |
| 2011-12-31 | 8.59% |
| 2011-09-30 | 8.20% |
| 2011-06-30 | 8.17% |
| 2011-03-31 | 8.52% |
| 2010-12-31 | 8.98% |
| 2010-09-30 | 9.79% |
| 2010-06-30 | 8.66% |
| 2010-03-31 | 8.94% |
| 2009-12-31 | 9.41% |
| 2009-09-30 | 9.74% |
| 2009-06-30 | 10.29% |
| 2009-03-31 | 9.15% |
| 2008-12-31 | 8.34% |
| 2008-09-30 | 8.14% |
| 2008-06-30 | 8.08% |
| 2008-03-31 | 9.72% |
| 2007-12-31 | 10.10% |
| 2007-09-30 | 10.38% |
| 2007-06-30 | 10.89% |
| 2007-03-31 | 11.29% |
| 2006-12-31 | 13.13% |
| 2006-09-30 | 13.47% |
| 2006-06-30 | 12.27% |
| 2006-03-31 | 15.40% |
| 2005-12-31 | 16.17% |
| 2005-09-30 | 19.27% |
| 2005-06-30 | 21.19% |
| 2005-03-31 | 25.05% |
| 2004-12-31 | 27.72% |
| 2004-09-30 | 29.90% |
| 2004-06-30 | 24.54% |
| 2004-03-31 | 25.88% |
| 2003-12-31 | 26.17% |
| 2003-09-30 | 26.52% |
| 2003-06-30 | 29.91% |
| 2003-03-31 | 35.06% |
| 2002-12-31 | 36.08% |
| 2002-09-30 | 35.99% |
| 2002-06-30 | 36.53% |
About Corning Inc
Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. It also offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. In addition, it manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for markets, such as mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Further, the company provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications, as well as technical glass and optic products and solutions for the interior and exterior of vehicles. Additionally, it offers laboratory products, including plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Falcon, PYREX, and Axygen brands. It also offers polysilicon products and pharmaceutical glass tubing and vials. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- CEO
- Wendell Weeks