Corning (GLW) Current Leases (2020 - 2024)
Corning's (GLW) quarterly Current Leases came in at $93.0 million in 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.
Analysis
Corning (GLW) Current Leases (2020 - 2024) Analysis & Trends
Corning (GLW) has reported Current Leases for 5 consecutive years, with $93.0 million the latest figure, recorded 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 improved to $93.0 million in Q3 2024 per GLW's latest filing, from $92.0 million in the prior quarter.
- Across five years, Current Leases topped out at $112.0 million in Q4 2023 and bottomed 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.
- The sharpest annual moves came in 2022 and 2024: Current Leases advanced 18.09% in 2022, then slipped 13.89% in 2024.
- Over 5 years, Current Leases stood at $94.0 million in 2020, then changed by 0.0% to $94.0 million in 2021, then rose by 18.09% to $111.0 million in 2022, then gained by 0.9% to $112.0 million in 2023, then fell by 16.96% to $93.0 million in 2024.
- According to Business Quant data, Current Leases over the past three periods registered $93.0 million, $92.0 million, and $103.0 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.18 Bn | 142.67 Bn | 1.63 Bn | - |
| 2 | Ati | 28.28 Bn | 27.50 Bn | 309.80 Mn | - |
| 3 | Qnity Electronics | 26.28 Bn | 25.32 Bn | 666.00 Mn | - |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | - |
| 5 | DuPont de Nemours | 17.40 Bn | 15.66 Bn | 639.00 Mn | - |
| 6 | Avery Dennison | 12.97 Bn | 12.74 Bn | 729.40 Mn | - |
| 7 | Solstice Advanced Materials | 10.03 Bn | 9.28 Bn | 370.00 Mn | 14.00 Mn |
| 8 | Element Solutions | 8.73 Bn | 8.54 Bn | 334.00 Mn | - |
| 9 | Eastman Chemical | 7.82 Bn | 7.13 Bn | 560.00 Mn | - |
| 10 | Hexcel | 6.84 Bn | 6.78 Bn | 138.10 Mn | - |
Historic Data
Download Data
Historic 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 |