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| 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 |