Corning (GLW) Asset Utilization Ratio (2009 - 2026)
Corning's Asset Utilization Ratio was 0.53 in Q2 2026, up 4.4% from 0.51 a year earlier and up 0.7% from the prior quarter.
Analysis
Corning (GLW) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
From Q3 2009 onward, Corning has reported Asset Utilization Ratio for 68 quarters.
- In earlier years, Asset Utilization Ratio was 0.47 in FY2024 (+7.5%), 0.43 in FY2023 (-8.8%), 0.48 in FY2022 (+2.9%) and 0.46 in FY2021 (+22.0%).
- The Q2 2026 figure marks the highest quarterly Asset Utilization Ratio in data going back to Q3 2009.
- Compared with a year earlier, Asset Utilization Ratio has increased for seven straight quarters, with growth averaging 7.6% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q4 2021 (growth of 27.0%); the worst was Q4 2023 (a decline of 9.0%).
- Per Business Quant data, GLW's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.52 (Q1 2026), 0.51 (Q4 2025) and 0.51 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.21 Bn | 201.33 Bn | 4.43 Bn | 0.41 |
| 2 | Corning | 136.71 Bn | 129.84 Bn | 1.63 Bn | 0.53 |
| 3 | Sherwin Williams | 80.23 Bn | 79.27 Bn | 3.34 Bn | 0.92 |
| 4 | Air Products & Chemicals | 62.17 Bn | 60.07 Bn | 1.04 Bn | 0.31 |
| 5 | Corteva | 51.95 Bn | 40.75 Bn | 3.66 Bn | 0.42 |
| 6 | LyondellBasell Industries | 37.59 Bn | 27.21 Bn | 2.04 Bn | 0.91 |
| 7 | Nutrien | 34.30 Bn | 31.17 Bn | 3.25 Bn | 0.52 |
| 8 | Qnity Electronics | 26.28 Bn | 23.71 Bn | 666.00 Mn | 0.37 |
| 9 | Ati | 25.72 Bn | 23.87 Bn | 309.80 Mn | 0.86 |
| 10 | Ppg Industries | 23.55 Bn | 16.36 Bn | 1.81 Bn | 0.73 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.53 |
| Mar 31, 2026 | 0.52 |
| Dec 31, 2025 | 0.51 |
| Sep 30, 2025 | 0.51 |
| Jun 30, 2025 | 0.51 |
| Mar 31, 2025 | 0.49 |
| Dec 31, 2024 | 0.47 |
| Sep 30, 2024 | 0.45 |
| Jun 30, 2024 | 0.45 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.44 |
| Sep 30, 2023 | 0.46 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | 0.49 |
| Sep 30, 2022 | 0.49 |
| Jun 30, 2022 | 0.49 |
| Mar 31, 2022 | 0.48 |
| Dec 31, 2021 | 0.47 |
| Sep 30, 2021 | 0.46 |
API Access
Corning Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=GLW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "GLW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=GLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();