10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Corning's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was 18.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Corning's 10-Year ROIIC % or its related term are showing as below:
XSWX:GLW's 10-Year ROIIC % is ranked better than 76.66% of 2164
companies
in the Hardware industry
Industry Median: 4.165
vs XSWX:GLW: 18.32
Corning (XSWX:GLW) 10-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Corning 10-Year ROIIC % Related Terms
Corning 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Corning's 10-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:GLW vs APH, TEL, FLEX: 10-Year ROIIC % Comparison
For the Electronic Components subindustry, Corning's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Corning 10-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Corning's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Corning's 10-Year ROIIC % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Corning (XSWX:GLW) has a 10-Year ROIIC % of 18.32 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Corning and its competitors. According to the industry distribution chart, Corning ranks #505 out of 2164 companies in the Hardware industry, placing it in the top 23.3%.
Is Corning's 10-Year ROIIC % too high?
Corning's current 10-Year ROIIC % is 18.32. The Hardware industry median 10-Year ROIIC % is 4.17. Corning's value of 18.32 is 339.9% above this industry median. Based on the distribution chart, Corning ranks #505 out of 2164 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Corning has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Corning's 10-Year ROIIC % compare to APH and TEL?
According to the Hardware industry distribution chart, Corning ranks #505 out of 2164 companies for 10-Year ROIIC %. This places Corning in the top 23% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 4.17. Corning's value of 18.32 is 339.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Hardware company?
The median 10-Year ROIIC % among Hardware companies is 4.17, based on 2,164 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Corning's current 10-Year ROIIC % of 18.32 is 339.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Corning and its competitors. For the Hardware industry, the median 10-Year ROIIC % is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corning's current 10-Year ROIIC % is 18.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corning stock overvalued right now?
Corning (XSWX:GLW) has a current 10-Year ROIIC % of 18.32. The stock's GF Value™ is CHF50.32, compared to a current price of CHF153.24 — trading 204.5% above its estimated fair value. The current 10-Year ROIIC % is 18.32 and 339.9% above the Hardware industry median of 4.17. Corning's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Corning (XSWX:GLW), the current 10-Year ROIIC % is 18.32 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Corning (XSWX:GLW) Overvalued in 2026?
Based on GuruFocus' analysis, Corning stock appears to be overvalued.
The current stock price of CHF153.24 is trading 204.5% above its estimated GF Value™ of CHF50.32.
Key valuation signals for XSWX:GLW:
10-Year ROIIC %: 18.32
GF Value™: CHF50.32 vs. price of CHF153.24 (204.5% above fair value)
Industry Position: 339.9% above the Hardware median (#505 of 2164)
No single metric tells the full story. See the XSWX:GLW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Corning is a provider of glass, ceramics, and optical fiber across six distinct end markets. Corning's largest segments by revenue are display glass for TVs and optical fiber for telecom networks and data centers. It also provides cover glass for smartphones as well as filters and substrates and glass for cars, produces pharmaceutical glass, and produces polysilicon for solar panels. Corning is a US producer and is vertically integrated across its products and markets.
68GF Score
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