Corning (GLW) Current Leases (2020 - 2024)

Corning (GLW) reported Current Leases of $93.0 million for Q3 2024, down 13.89% on a YoY basis from $108.0 million in Q4 2023, and up 1.09% quarter-over-quarter from $92.0 million in Q2 2024.

Corning (GLW) Current Leases (2020 - 2024) Analysis & Trends

Corning has reported Current Leases for 5 years, with the latest figure at $93.0 million in Q3 2024.

  • For the quarter ending Q3 2024, Current Leases fell 13.89% year-over-year to $93.0 million; the trailing twelve-month figure through Sep 2024 stood at $93.0 million (down 13.89% YoY), and the FY2023 full-year result was $112.0 million, up 0.9% from the prior year.
  • Current Leases for Q3 2024 stood at $93.0 million, up from $92.0 million in the prior quarter.
  • The five-year high for Current Leases was $112.0 million in Q4 2023, with the low at $89.0 million in Q1 2021.
  • Historically, Current Leases has averaged $98.4 million across 5 years, with a median of $96.0 million in 2021.
  • Annual changes were most pronounced in 2022 — Current Leases gained 18.09% — and 2024, when it decreased 13.89%.
  • Corning's Current Leases stood at $94.0 million in 2020, then changed by 0.0% to $94.0 million in 2021, then grew by 18.09% to $111.0 million in 2022, then increased by 0.9% to $112.0 million in 2023, then dropped by 16.96% to $93.0 million in 2024.
  • The last three Current Leases figures came in at $93.0 million (Q3 2024), $92.0 million (Q2 2024), and $103.0 million (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Amphenol 170.58 Bn 165.55 Bn 2.80 Bn -
2 Corning 152.19 Bn 150.97 Bn 1.53 Bn -
3 TE Connectivity 62.31 Bn 61.34 Bn 1.75 Bn -
4 Flex 56.36 Bn 54.72 Bn 702.00 Mn -
5 Celestica 42.71 Bn 42.33 Bn 437.20 Mn -
6 Jabil 37.62 Bn 35.80 Bn 746.00 Mn 99.00 Mn
7 Fabrinet 22.26 Bn 21.31 Bn 144.34 Mn 1.50 Mn
8 Ttm Technologies 17.40 Bn 16.99 Bn 181.18 Mn 10.23 Mn
9 Sanmina 13.70 Bn 12.12 Bn 353.79 Mn -
10 Vicor 12.32 Bn 11.92 Bn 62.37 Mn 1.43 Mn

Historic Data

Download Data
DateValue
Sep 30, 2024 93.00 Mn
Jun 30, 2024 92.00 Mn
Mar 31, 2024 103.00 Mn
Dec 31, 2023 112.00 Mn
Sep 30, 2023 108.00 Mn
Jun 30, 2023 103.00 Mn
Mar 31, 2023 100.00 Mn
Dec 31, 2022 111.00 Mn
Sep 30, 2022 97.00 Mn
Jun 30, 2022 96.00 Mn
Mar 31, 2022 93.00 Mn
Dec 31, 2021 94.00 Mn
Sep 30, 2021 96.00 Mn
Jun 30, 2021 94.00 Mn
Mar 31, 2021 89.00 Mn
Dec 31, 2020 94.00 Mn