Price to Operating Profit (P/OP)
since 2005
Calculation
Corning Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 12, 2024 | 30.86 | = | 32.18 | ÷ | 1.04 | 1.04 | = | 890 | ÷ | 853,474,317 | |
| Feb 13, 2023 | 21.00 | = | 35.67 | ÷ | 1.70 | 1.70 | = | 1,438 | ÷ | 846,563,422 | |
| Feb 14, 2022 | 16.54 | = | 41.29 | ÷ | 2.50 | 2.50 | = | 2,112 | ÷ | 845,849,498 | |
| Feb 12, 2021 | 55.67 | = | 36.88 | ÷ | 0.66 | 0.66 | = | 509 | ÷ | 768,367,889 | |
| Feb 18, 2020 | 16.35 | = | 27.97 | ÷ | 1.71 | 1.71 | = | 1,306 | ÷ | 763,628,266 | |
| Feb 12, 2019 | 16.99 | = | 34.02 | ÷ | 2.00 | 2.00 | = | 1,575 | ÷ | 786,761,073 | |
| Feb 15, 2018 | 15.54 | = | 29.54 | ÷ | 1.90 | 1.90 | = | 1,630 | ÷ | 857,453,098 | |
| Feb 6, 2017 | 17.82 | = | 26.71 | ÷ | 1.50 | 1.50 | = | 1,391 | ÷ | 928,093,508 | |
| Feb 12, 2016 | 15.48 | = | 18.39 | ÷ | 1.19 | 1.19 | = | 1,322 | ÷ | 1,112,837,205 | |
| Feb 13, 2015 | 16.46 | = | 25.00 | ÷ | 1.52 | 1.52 | = | 1,931 | ÷ | 1,271,340,532 | |
| Feb 10, 2014 | 18.71 | = | 18.43 | ÷ | 0.98 | 0.98 | = | 1,371 | ÷ | 1,392,124,762 | |
| Feb 13, 2013 | 14.24 | = | 12.78 | ÷ | 0.90 | 0.90 | = | 1,321 | ÷ | 1,472,398,789 | |
| Feb 13, 2012 | 12.25 | = | 13.67 | ÷ | 1.12 | 1.12 | = | 1,694 | ÷ | 1,518,270,483 | |
| Feb 10, 2011 | 19.26 | = | 22.16 | ÷ | 1.15 | 1.15 | = | 1,801 | ÷ | 1,565,707,084 | |
| Feb 10, 2010 | 69.85 | = | 17.52 | ÷ | 0.25 | 0.25 | = | 391 | ÷ | 1,558,884,218 | |
| Feb 24, 2009 | 10.37 | = | 10.14 | ÷ | 0.98 | 0.98 | = | 1,520 | ÷ | 1,555,025,555 | |
| Feb 15, 2008 | 33.62 | = | 23.08 | ÷ | 0.69 | 0.69 | = | 1,081 | ÷ | 1,574,635,950 | |
| Feb 27, 2007 | 37.81 | = | 20.38 | ÷ | 0.54 | 0.54 | = | 846 | ÷ | 1,569,697,474 | |
| Feb 24, 2006 | 64.50 | = | 24.70 | ÷ | 0.38 | 0.38 | = | 592 | ÷ | 1,545,982,974 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Corning Inc. Annual Report.
Comparison to Competitors
Corning Inc., P/OP, long-term trends, comparison to competitors
| Corning Inc. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|
| Feb 12, 2024 | 30.86 | 24.04 | 36.77 | 15.32 | 17.74 |
| Feb 13, 2023 | 21.00 | 20.74 | 28.38 | 13.35 | 10.82 |
| Feb 14, 2022 | 16.54 | 22.56 | 43.25 | 19.26 | 14.57 |
| Feb 12, 2021 | 55.67 | 27.92 | 33.92 | 12.73 | 16.77 |
| Feb 18, 2020 | 16.35 | 17.29 | 21.21 | 14.46 | 11.69 |
| Feb 12, 2019 | 16.99 | 13.49 | 73.13 | 17.56 | 11.88 |
| Feb 15, 2018 | 15.54 | 14.44 | 39.22 | 13.14 | 10.46 |
| Feb 6, 2017 | 17.82 | 10.27 | 34.74 | 12.46 | 9.74 |
| Feb 12, 2016 | 15.48 | 9.34 | 30.95 | 12.36 | 8.78 |
| Feb 13, 2015 | 16.46 | 11.74 | 36.38 | 13.57 | 14.97 |
| Feb 10, 2014 | 18.71 | 9.64 | — | 11.57 | 20.76 |
| Feb 13, 2013 | 14.24 | 10.14 | — | 10.03 | 11.95 |
| Feb 13, 2012 | 12.25 | 11.02 | — | 11.45 | 8.73 |
| Feb 10, 2011 | 19.26 | 15.37 | — | 13.19 | 9.07 |
| Feb 10, 2010 | 69.85 | 23.22 | — | 18.26 | 11.98 |
| Feb 24, 2009 | 10.37 | 14.64 | — | 13.94 | 8.30 |
| Feb 15, 2008 | 33.62 | 32.64 | — | 22.64 | 8.51 |
| Feb 27, 2007 | 37.81 | 29.72 | — | 19.82 | — |
| Feb 24, 2006 | 64.50 | 36.61 | — | 15.37 | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).