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Side-by-side financial comparison of Eversource Energy (ES) and Corning Inc. (GLW). Click either name above to swap in a different company.

Corning Inc. is the larger business by last-quarter revenue ($4.2B vs $3.4B, roughly 1.3× Eversource Energy). Corning Inc. runs the higher net margin — 12.8% vs 12.6%, a 0.3% gap on every dollar of revenue. On growth, Corning Inc. posted the faster year-over-year revenue change (20.4% vs 13.4%). Corning Inc. produced more free cash flow last quarter ($620.0M vs $-67.3M). Over the past eight quarters, Corning Inc.'s revenue compounded faster (19.0% CAGR vs 0.6%).

Eversource Energy is a publicly traded, Fortune 500 energy company headquartered in Springfield, Massachusetts with additional corporate offices in Hartford, Connecticut, and Boston, Massachusetts, with several regulated subsidiaries offering retail electricity, natural gas service and water service to approximately 4 million customers in Connecticut, Massachusetts, and New Hampshire.

Corning Incorporated is an American multinational technology company specializing in glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. Founded in 1851, the company was called Corning Glass Works for most of its history. Corning was known during the 20th century for its consumer product lines, such as including CorningWare and Visions Pyroceram-based cookware, Corelle Vitrelle tableware, and Pyrex glass bake...

ES vs GLW — Head-to-Head

Bigger by revenue
GLW
GLW
1.3× larger
GLW
$4.2B
$3.4B
ES
Growing faster (revenue YoY)
GLW
GLW
+7.0% gap
GLW
20.4%
13.4%
ES
Higher net margin
GLW
GLW
0.3% more per $
GLW
12.8%
12.6%
ES
More free cash flow
GLW
GLW
$687.3M more FCF
GLW
$620.0M
$-67.3M
ES
Faster 2-yr revenue CAGR
GLW
GLW
Annualised
GLW
19.0%
0.6%
ES

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ES
ES
GLW
GLW
Revenue
$3.4B
$4.2B
Net Profit
$423.2M
$540.0M
Gross Margin
35.5%
Operating Margin
21.1%
15.9%
Net Margin
12.6%
12.8%
Revenue YoY
13.4%
20.4%
Net Profit YoY
468.8%
74.2%
EPS (diluted)
$1.11
$0.61

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ES
ES
GLW
GLW
Q4 25
$3.4B
$4.2B
Q3 25
$3.2B
$4.1B
Q2 25
$2.8B
$3.9B
Q1 25
$4.1B
$3.5B
Q4 24
$3.0B
$3.5B
Q3 24
$3.1B
$3.4B
Q2 24
$2.5B
$3.3B
Q1 24
$3.3B
$3.0B
Net Profit
ES
ES
GLW
GLW
Q4 25
$423.2M
$540.0M
Q3 25
$369.4M
$430.0M
Q2 25
$354.6M
$469.0M
Q1 25
$552.7M
$157.0M
Q4 24
$74.4M
$310.0M
Q3 24
$-116.2M
$-117.0M
Q2 24
$337.2M
$104.0M
Q1 24
$523.7M
$209.0M
Gross Margin
ES
ES
GLW
GLW
Q4 25
35.5%
Q3 25
37.1%
Q2 25
36.0%
Q1 25
35.2%
Q4 24
34.2%
Q3 24
33.5%
Q2 24
29.2%
Q1 24
33.4%
Operating Margin
ES
ES
GLW
GLW
Q4 25
21.1%
15.9%
Q3 25
21.4%
14.4%
Q2 25
23.4%
14.8%
Q1 25
22.5%
12.9%
Q4 24
11.7%
11.2%
Q3 24
20.0%
8.9%
Q2 24
23.8%
5.7%
Q1 24
25.4%
8.5%
Net Margin
ES
ES
GLW
GLW
Q4 25
12.6%
12.8%
Q3 25
11.5%
10.5%
Q2 25
12.5%
12.1%
Q1 25
13.4%
4.5%
Q4 24
2.5%
8.9%
Q3 24
-3.8%
-3.5%
Q2 24
13.3%
3.2%
Q1 24
15.7%
7.0%
EPS (diluted)
ES
ES
GLW
GLW
Q4 25
$1.11
$0.61
Q3 25
$0.99
$0.50
Q2 25
$0.96
$0.54
Q1 25
$1.50
$0.18
Q4 24
$0.16
$0.36
Q3 24
$-0.33
$-0.14
Q2 24
$0.95
$0.12
Q1 24
$1.49
$0.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ES
ES
GLW
GLW
Cash + ST InvestmentsLiquidity on hand
$135.4M
$1.5B
Total DebtLower is stronger
$7.6B
Stockholders' EquityBook value
$16.2B
$11.8B
Total Assets
$63.8B
$31.0B
Debt / EquityLower = less leverage
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ES
ES
GLW
GLW
Q4 25
$135.4M
$1.5B
Q3 25
$259.3M
Q2 25
$343.7M
Q1 25
$111.4M
Q4 24
$26.7M
$1.8B
Q3 24
$97.9M
Q2 24
Q1 24
Total Debt
ES
ES
GLW
GLW
Q4 25
$7.6B
Q3 25
$7.4B
Q2 25
$6.7B
Q1 25
$7.0B
Q4 24
$6.9B
Q3 24
$7.1B
Q2 24
$6.9B
Q1 24
$7.0B
Stockholders' Equity
ES
ES
GLW
GLW
Q4 25
$16.2B
$11.8B
Q3 25
$16.0B
$11.5B
Q2 25
$15.7B
$11.1B
Q1 25
$15.3B
$10.7B
Q4 24
$15.0B
$10.7B
Q3 24
$15.0B
$11.1B
Q2 24
$14.8B
$10.6B
Q1 24
$14.5B
$11.2B
Total Assets
ES
ES
GLW
GLW
Q4 25
$63.8B
$31.0B
Q3 25
$61.7B
$29.9B
Q2 25
$61.0B
$28.7B
Q1 25
$60.2B
$27.4B
Q4 24
$59.6B
$27.7B
Q3 24
$58.6B
$28.3B
Q2 24
$58.4B
$27.2B
Q1 24
$57.3B
$27.6B
Debt / Equity
ES
ES
GLW
GLW
Q4 25
0.65×
Q3 25
0.64×
Q2 25
0.60×
Q1 25
0.65×
Q4 24
0.64×
Q3 24
0.64×
Q2 24
0.65×
Q1 24
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ES
ES
GLW
GLW
Operating Cash FlowLast quarter
$916.1M
$1.1B
Free Cash FlowOCF − Capex
$-67.3M
$620.0M
FCF MarginFCF / Revenue
-2.0%
14.7%
Capex IntensityCapex / Revenue
29.2%
10.2%
Cash ConversionOCF / Net Profit
2.16×
1.95×
TTM Free Cash FlowTrailing 4 quarters
$-45.1M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ES
ES
GLW
GLW
Q4 25
$916.1M
$1.1B
Q3 25
$1.1B
$784.0M
Q2 25
$1.1B
$708.0M
Q1 25
$1.0B
$151.0M
Q4 24
$642.1M
$623.0M
Q3 24
$555.6M
$699.0M
Q2 24
$670.7M
$521.0M
Q1 24
$291.3M
$96.0M
Free Cash Flow
ES
ES
GLW
GLW
Q4 25
$-67.3M
$620.0M
Q3 25
$-26.3M
$450.0M
Q2 25
$15.3M
$400.0M
Q1 25
$33.2M
$-57.0M
Q4 24
$-546.5M
$369.0M
Q3 24
$-515.4M
$482.0M
Q2 24
$-400.8M
$279.0M
Q1 24
$-858.1M
$-156.0M
FCF Margin
ES
ES
GLW
GLW
Q4 25
-2.0%
14.7%
Q3 25
-0.8%
11.0%
Q2 25
0.5%
10.4%
Q1 25
0.8%
-1.7%
Q4 24
-18.4%
10.5%
Q3 24
-16.8%
14.2%
Q2 24
-15.8%
8.6%
Q1 24
-25.7%
-5.2%
Capex Intensity
ES
ES
GLW
GLW
Q4 25
29.2%
10.2%
Q3 25
35.0%
8.1%
Q2 25
36.7%
8.0%
Q1 25
24.5%
6.0%
Q4 24
40.0%
7.3%
Q3 24
35.0%
6.4%
Q2 24
42.3%
7.4%
Q1 24
34.5%
8.5%
Cash Conversion
ES
ES
GLW
GLW
Q4 25
2.16×
1.95×
Q3 25
2.98×
1.82×
Q2 25
2.98×
1.51×
Q1 25
1.88×
0.96×
Q4 24
8.63×
2.01×
Q3 24
Q2 24
1.99×
5.01×
Q1 24
0.56×
0.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ES
ES

Residential$1.2B35%
Commercial$789.0M23%
Eversource Electric Transmission$573.8M17%
Wholesale Transmission Revenue$570.0M17%
Industrial$102.6M3%
Water Distribution Segment$58.4M2%
Eversource Water$56.3M2%
Other Revenue Adjustmentsfrom Contractswith Customers$25.9M1%

GLW
GLW

Segment breakdown not available.

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