Corning (GLW) Current Taxes (2010 - 2024)

Corning (GLW) reported Current Taxes of $80.0 million for Q3 2024, down 36.0% on a YoY basis from $125.0 million in Q4 2023, and up 19.4% quarter-over-quarter from $67.0 million in Q2 2024.

Corning (GLW) Current Taxes (2010 - 2024) Analysis & Trends

Corning has reported Current Taxes for 15 years, with the latest figure at $80.0 million in Q3 2024.

  • For the quarter ending Q3 2024, Current Taxes fell 36.0% year-over-year to $80.0 million; the trailing twelve-month figure through Sep 2024 stood at $80.0 million (down 36.0% YoY), and the FY2023 full-year result was $69.0 million, down 45.67% from the prior year.
  • Current Taxes for Q3 2024 stood at $80.0 million, up from $67.0 million in the prior quarter.
  • The five-year high for Current Taxes was $238.0 million in Q1 2022, with the low at $67.0 million in Q2 2024.
  • Historically, Current Taxes has averaged $144.5 million across 5 years, with a median of $145.0 million in 2021.
  • Annual changes were most pronounced in 2022 — Current Taxes surged 55.56% — and 2024, when it sank 61.49%.
  • Corning's Current Taxes stood at $196.0 million in 2020, then changed by 0.0% to $196.0 million in 2021, then tumbled by 35.2% to $127.0 million in 2022, then slumped by 45.67% to $69.0 million in 2023, then advanced by 15.94% to $80.0 million in 2024.
  • The last three Current Taxes figures came in at $80.0 million (Q3 2024), $67.0 million (Q2 2024), and $116.0 million (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Amphenol 170.58 Bn 165.55 Bn 2.80 Bn 656.90 Mn
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 174.40 Mn
6 Jabil 37.62 Bn 35.80 Bn 746.00 Mn -
7 Fabrinet 22.26 Bn 21.31 Bn 144.34 Mn 7.61 Mn
8 Ttm Technologies 17.40 Bn 16.99 Bn 181.18 Mn 12.27 Mn
9 Sanmina 13.70 Bn 12.12 Bn 353.79 Mn -
10 Vicor 12.32 Bn 11.92 Bn 62.37 Mn 71,000.00

Historic Data

Download Data
DateValue
Sep 30, 2024 80.00 Mn
Jun 30, 2024 67.00 Mn
Mar 31, 2024 116.00 Mn
Dec 31, 2023 69.00 Mn
Sep 30, 2023 125.00 Mn
Jun 30, 2023 174.00 Mn
Mar 31, 2023 157.00 Mn
Dec 31, 2022 127.00 Mn
Sep 30, 2022 99.00 Mn
Jun 30, 2022 184.00 Mn
Mar 31, 2022 238.00 Mn
Dec 31, 2021 196.00 Mn
Sep 30, 2021 145.00 Mn
Jun 30, 2021 140.00 Mn
Mar 31, 2021 153.00 Mn
Dec 31, 2020 196.00 Mn
Sep 30, 2020 194.00 Mn
Jun 30, 2020 116.00 Mn
Mar 31, 2020 169.00 Mn
Dec 31, 2019 182.00 Mn