AA vs GLW
Alcoa Corp. and Corning Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AA | GLW |
|---|---|---|
| Revenue | $12.8B | $15.6B |
| Net income | $1.2B | $1.6B |
| Gross margin | 16.9% | 36.0% |
| Net margin | 8.7% | 11.1% |
| Return on equity | 20.5% | 14.2% |
| Diluted EPS | $4.37 | $1.83 |
| Dividend / share | $0.10 | $1.12 |
| Payout ratio | 9.0% | · |
| Free cash flow | $567.0M | · |
| Equity | · | $11.8B |
| Net debt / equity | 0.14× | 0.59× |
| Current ratio | 1.44× | 1.59× |
| Revenue CAGR 5y | 6.7% | 6.7% |
| Profit CAGR 5y | · | 25.5% |
GLW bills 1.2× the revenue of AA, and keeps more of each dollar of revenue as profit (11.1% against 8.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AA | GLW |
|---|---|---|
| FY2025 | $12.8B | $15.6B |
| FY2024 | $11.9B | $13.1B |
| FY2023 | $10.6B | $12.6B |
| FY2022 | $12.5B | $14.2B |
| FY2021 | $12.2B | $14.1B |
| FY2020 | $9.3B | $11.3B |
| FY2019 | $10.4B | $11.5B |
| FY2018 | $13.4B | $11.3B |
| FY2017 | $11.7B | $10.1B |
| FY2016 | $9.3B | $9.4B |
Bottom line
| Fiscal year | AA | GLW |
|---|---|---|
| FY2025 | $1.2B | $1.6B |
| FY2024 | $60.0M | $506.0M |
| FY2023 | $-651.0M | $581.0M |
| FY2022 | $-123.0M | $1.3B |
| FY2021 | $429.0M | $1.9B |
| FY2020 | $-170.0M | $512.0M |
| FY2019 | $-1.1B | $960.0M |
| FY2018 | $250.0M | $1.1B |
| FY2017 | $279.0M | $-497.0M |
| FY2016 | $-400.0M | $3.7B |
12 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$2,798,000,000 | GLW |
| FY2024 | −$1,223,000,000 | GLW |
| FY2023 | −$2,037,000,000 | GLW |
| FY2022 | −$1,738,000,000 | GLW |
| FY2021 | −$1,930,000,000 | GLW |
| FY2020 | −$2,017,000,000 | GLW |
| FY2019 | −$1,070,000,000 | GLW |
| FY2018 | +$2,113,000,000 | AA |
| FY2017 | +$1,536,000,000 | AA |
| FY2016 | −$72,000,000 | GLW |
| FY2015 | +$2,088,000,000 | AA |
| FY2014 | +$3,432,000,000 | AA |
The higher-revenue side has changed between AA and GLW over this period. The gap has narrowed since the earliest year compared.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
12 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −2.4 pp | GLW |
| FY2024 | −4.3 pp | GLW |
| FY2023 | −12.5 pp | GLW |
| FY2022 | −9.5 pp | GLW |
| FY2021 | −9.1 pp | GLW |
| FY2020 | −4.8 pp | GLW |
| FY2019 | −16.7 pp | GLW |
| FY2018 | −3.0 pp | GLW |
| FY2017 | +10.0 pp | AA |
| FY2016 | −43.2 pp | GLW |
| FY2015 | −21.4 pp | GLW |
| FY2014 | −28.1 pp | GLW |
The higher net margin has changed hands between AA and GLW over this period.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
GLW's net margin has been more volatile than AA's over the 12 comparable fiscal years — 10.8 percentage points of standard deviation against 5.4.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AA and GLW over these 12 fiscal years — AA led in 1 and GLW in 11.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AA's return on equity has been more volatile than GLW's over the 11 comparable fiscal years — 11.4 percentage points of standard deviation against 6.0.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AA and GLW over these 11 fiscal years — AA led in 2 and GLW in 9.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.