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GLWCorning Inc

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%.

Debt to Assets

GLW Debt to Assets Ratio

28.71%

Reported quarterly debt to assets ratio; no daily interpolation.

+5.78% 5Y
GLW Debt to Assets Ratio

GLW Average Debt to Assets Ratio Chart

GLW Debt to Assets Ratio

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

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
Corning Inc (GLW)$186.16B28.71%30.35%29.73%28.49%
Analog Devices, Inc. (ADI)vs ›$187.33B0.18%N/AN/AN/A
SAP SE (SAP)vs ›$180.72B0.11%N/AN/AN/A
CrowdStrike Holdings, Inc. (CRWD)vs ›$178.47B0.07%N/AN/AN/A
Arista Networks, Inc. (ANET)vs ›$198.45B0.00%N/AN/AN/A
QUALCOMM Incorporated (QCOM)vs ›$199.62B0.33%N/AN/AN/A
Seagate Technology Holdings plc (STX)vs ›$201.78B0.62%N/AN/AN/A
Western Digital Corporation (WDC)vs ›$202.14B0.36%N/AN/AN/A
Amphenol Corporation (APH)vs ›$202.54B0.43%N/AN/AN/A
Palo Alto Networks, Inc. (PANW)vs ›$207.32B0.01%N/AN/AN/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

DATEDEBT TO ASSETS RATIO
2026-03-3128.71%
2025-12-3133.00%
2025-09-3030.70%
2025-06-3029.57%
2025-03-3129.76%
2024-12-3129.17%
2024-09-3029.45%
2024-06-3030.16%
2024-03-3130.02%
2023-12-3129.77%
2023-09-3029.91%
2023-06-3029.86%
2023-03-3127.05%
2022-12-3126.50%
2022-09-3026.02%
2022-06-3025.48%
2022-03-3125.54%
2021-12-3125.96%
2021-09-3026.23%
2021-06-3027.14%
2021-03-3128.21%
2020-12-3128.27%
2020-09-3028.99%
2020-06-3030.85%
2020-03-3130.37%
2019-12-3128.56%
2019-09-3025.76%
2019-06-3025.56%
2019-03-3122.05%
2018-12-3121.81%
2018-09-3020.11%
2018-06-3020.47%
2018-03-3119.33%
2017-12-3118.66%
2017-09-3016.46%
2017-06-3014.13%
2017-03-3113.87%
2016-12-3113.99%
2016-09-3013.62%
2016-06-3013.69%
2016-03-3115.88%
2015-12-3115.63%
2015-09-3013.90%
2015-06-3013.42%
2015-03-3111.16%
2014-12-3110.85%
2014-09-3012.35%
2014-06-3012.36%
2014-03-3112.50%
2013-12-3111.56%
2013-09-309.89%
2013-06-3010.19%
2013-03-3110.24%
2012-12-3111.77%
2012-09-3011.57%
2012-06-3011.33%
2012-03-3111.10%
2011-12-318.59%
2011-09-308.20%
2011-06-308.17%
2011-03-318.52%
2010-12-318.98%
2010-09-309.79%
2010-06-308.66%
2010-03-318.94%
2009-12-319.41%
2009-09-309.74%
2009-06-3010.29%
2009-03-319.15%
2008-12-318.34%
2008-09-308.14%
2008-06-308.08%
2008-03-319.72%
2007-12-3110.10%
2007-09-3010.38%
2007-06-3010.89%
2007-03-3111.29%
2006-12-3113.13%
2006-09-3013.47%
2006-06-3012.27%
2006-03-3115.40%
2005-12-3116.17%
2005-09-3019.27%
2005-06-3021.19%
2005-03-3125.05%
2004-12-3127.72%
2004-09-3029.90%
2004-06-3024.54%
2004-03-3125.88%
2003-12-3126.17%
2003-09-3026.52%
2003-06-3029.91%
2003-03-3135.06%
2002-12-3136.08%
2002-09-3035.99%
2002-06-3036.53%

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.

Corning, NY
67,200 employees
Technology / Hardware, Equipment & Parts
Sector
Technology
Industry
Hardware, Equipment & Parts
CEO
Wendell Weeks