Corning vs TTM Technologies
Corning is the larger business, with $15.63bn of revenue in fiscal 2025 against $2.91bn for TTM Technologies (5.4 times as much). Corning grew faster (19.1% against 19.0%). Corning kept more of each dollar of sales as profit: a net margin of 10.2% against 6.1%. TTM Technologies carries less debt relative to equity (52.4% against 71.4%).
| Latest fiscal year | CorningGLW, 2025 | TTM TechnologiesTTMI, 2025 |
|---|---|---|
| Revenue | $15.63bn | $2.91bn |
| Revenue growth | 19.1% | 19.0% |
| Net income | $1.60bn | $177m |
| Operating margin | 14.6% | 9.1% |
| Net margin | 10.2% | 6.1% |
| Return on equity | 14.2% | 10.7% |
| Free cash flow | $1.41bn | −$683,000 |
| Cash | $1.53bn | $501m |
| Total debt | $8.43bn | $924m |
| Debt to equity | 71.4% | 52.4% |
| Dividend per share | $1.12 | — |
| Dividend yield | 0.9% | — |
| Share buybacks | $163m | $17.9m |
| Employees | 67,200 | 18,200 |
| Market value | $109.69bn | $8.66bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 51 (Moderate) | 44 (Weak) |
| Insider trades, 12 months | 0 buys, 30 sales | 2 buys, 255 sales |