Corning (GLW) Current Leases (2020 - 2024)
Corning (GLW) posted quarterly Current Leases of $93.0 million for Q3 2024, down 13.89% year-over-year 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's Current Leases history runs 5 years deep, the most recent figure standing at $93.0 million for Q3 2024.
- In Q3 2024, Current Leases fell 13.89% year-over-year to $93.0 million; the TTM figure through Sep 2024 stood at $93.0 million (down 13.89% YoY), while the FY2023 annual figure 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.
- The 5-year median for Current Leases is $96.0 million (2021), against an average of $98.4 million.
- The sharpest annual moves came in 2022 and 2024: Current Leases rose 18.09% in 2022, then retreated 13.89% in 2024.
- 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.
- Business Quant data shows GLW's Current Leases at $93.0 million in Q3 2024, $92.0 million in Q2 2024, and $103.0 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 379.86 Bn | 373.75 Bn | 3.55 Bn | - |
| 2 | Corning | 130.57 Bn | 128.07 Bn | 1.63 Bn | - |
| 3 | TE Connectivity | 58.60 Bn | 57.36 Bn | 1.84 Bn | - |
| 4 | Flex | 40.47 Bn | 37.63 Bn | 747.00 Mn | - |
| 5 | Celestica | 34.26 Bn | 33.73 Bn | 577.50 Mn | - |
| 6 | Jabil | 33.31 Bn | 31.95 Bn | 828.00 Mn | 98.00 Mn |
| 7 | Fabrinet | 15.88 Bn | 15.01 Bn | 158.05 Mn | 1.20 Mn |
| 8 | Ttm Technologies | 11.94 Bn | 11.43 Bn | 211.86 Mn | 9.99 Mn |
| 9 | Littelfuse | 10.48 Bn | 9.85 Bn | 306.06 Mn | - |
| 10 | Sanmina | 10.30 Bn | 8.45 Bn | 363.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |