Corning (GLW) Current Taxes (2010 - 2024)
Corning (GLW) posted quarterly Current Taxes of $80.0 million for Q3 2024, down 36.0% year-over-year 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's Current Taxes history runs 15 years deep, the most recent figure standing at $80.0 million for Q3 2024.
- In Q3 2024, Current Taxes fell 36.0% year-over-year to $80.0 million; the TTM figure through Sep 2024 stood at $80.0 million (down 36.0% YoY), while the FY2023 annual figure 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.
- The 5-year median for Current Taxes is $145.0 million (2021), against an average of $144.5 million.
- The sharpest annual moves came in 2022 and 2024: Current Taxes jumped 55.56% in 2022, then plunged 61.49% in 2024.
- 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.
- Business Quant data shows GLW's Current Taxes at $80.0 million in Q3 2024, $67.0 million in Q2 2024, and $116.0 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 379.01 Bn | 372.90 Bn | 3.55 Bn | 351.00 Mn |
| 2 | Corning | 129.47 Bn | 126.96 Bn | 1.63 Bn | - |
| 3 | TE Connectivity | 58.46 Bn | 57.22 Bn | 1.84 Bn | - |
| 4 | Flex | 40.39 Bn | 37.55 Bn | 747.00 Mn | - |
| 5 | Celestica | 34.24 Bn | 33.70 Bn | 577.50 Mn | 202.00 Mn |
| 6 | Jabil | 33.41 Bn | 32.05 Bn | 828.00 Mn | - |
| 7 | Fabrinet | 15.73 Bn | 14.86 Bn | 158.05 Mn | 63.47 Mn |
| 8 | Ttm Technologies | 11.86 Bn | 11.35 Bn | 211.86 Mn | 24.97 Mn |
| 9 | Littelfuse | 10.51 Bn | 9.88 Bn | 306.06 Mn | 32.67 Mn |
| 10 | Sanmina | 10.29 Bn | 8.45 Bn | 363.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |