Corning vs Littelfuse
Add, change or remove companies; up to four.
The short version
- Corning is the larger business, with $15.6B of revenue in fiscal 2025 against $2.4B for Littelfuse, about 6.5 times as much.
- Corning grew revenue faster (19.1%, against 8.9%).
- Corning kept more of each dollar of sales as operating profit (14.6% operating margin, against 1.6%).
- Littelfuse turned more of its sales into free cash flow (15.3% FCF margin, against 9.0%).
- Corning earned a higher return on the capital invested in it (10.8%, against 0.7%).
| Latest fiscal year | GLW · FY25 | LFUS · FY25 |
|---|---|---|
| Size | ||
| Market cap | $108.2B | $8.9B |
| Revenue | $15.6B | $2.4B |
| Free cash flow | $1.4B | $366M |
| Net income | $1.6B | −$71.7M |
| Growth | ||
| Revenue growth | 19.1% | 8.9% |
| 5-year growth | 6.7% | 10.5% |
| Share count change | 0.2% | −0.9% |
| Profitability | ||
| Gross margin | 36.0% | 38.0% |
| Operating margin | 14.6% | 1.6% |
| Net margin | 10.2% | −3.0% |
| FCF margin | 9.0% | 15.3% |
| Return on capital | 10.8% | 0.7% |
| Return on equity | 14.2% | −3.0% |
| Balance sheet | ||
| Net debt | $6.9B | $239M |
| Net debt / EBITDA | 1.9x | 1.4x |
| Dividends and buybacks | $1.2B | $99.6M |
| Valuation & quality | ||
| P/E | 56.5x | — |
| Piotroski F-score | 6 | 6 |
Revenue
FY16
GLW $9.4B
LFUS $1.1B
FY17
GLW $10.1B
LFUS $1.2B
FY18
GLW $11.3B
LFUS $1.7B
FY19
GLW $11.5B
LFUS $1.5B
FY20
GLW $11.3B
LFUS $1.4B
FY21
GLW $14.1B
LFUS $2.1B
FY22
GLW $14.2B
LFUS $2.5B
FY23
GLW $12.6B
LFUS $2.4B
FY24
GLW $13.1B
LFUS $2.2B
FY25
GLW $15.6B
LFUS $2.4B
GLW
LFUS
Operating margin
FY16
GLW 15.2%
LFUS 12.4%
FY17
GLW 15.9%
LFUS 17.9%
FY18
GLW 14.0%
LFUS 13.1%
FY19
GLW 11.4%
LFUS 12.8%
FY20
GLW 4.5%
LFUS 11.2%
FY21
GLW 15.0%
LFUS 18.5%
FY22
GLW 10.1%
LFUS 19.9%
FY23
GLW 7.1%
LFUS 15.3%
FY24
GLW 8.7%
LFUS 7.3%
FY25
GLW 14.6%
LFUS 1.6%
GLW
LFUS
Free cash flow
FY16
GLW —
LFUS $134M
FY17
GLW —
LFUS $203M
FY18
GLW $677M
LFUS $257M
FY19
GLW $53.0M
LFUS $183M
FY20
GLW $803M
LFUS $202M
FY21
GLW $1.8B
LFUS $283M
FY22
GLW $1.0B
LFUS $315M
FY23
GLW $615M
LFUS $371M
FY24
GLW $974M
LFUS $292M
FY25
GLW $1.4B
LFUS $366M
GLW
LFUS
Return on capital
FY16
GLW 8.2%
LFUS 14.1%
FY17
GLW 4.9%
LFUS 12.9%
FY18
GLW 6.6%
LFUS 13.5%
FY19
GLW 5.8%
LFUS 9.7%
FY20
GLW 2.3%
LFUS 8.1%
FY21
GLW 9.3%
LFUS 17.5%
FY22
GLW 6.4%
LFUS 17.9%
FY23
GLW 4.0%
LFUS 10.5%
FY24
GLW 4.8%
LFUS 3.9%
FY25
GLW 10.8%
LFUS 0.7%
GLW
LFUS
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.