Corning (GLW) Current Taxes (2010 - 2024)
Corning's Current Taxes was $80 million in Q3 2024, down 36.0% from $125 million a year earlier but up 19.4% from the prior quarter.
Powered by 
Analysis
Corning (GLW) Current Taxes (2010 - 2024) Analysis & Trends
At the end of FY2023, Current Taxes at Corning came in at $69 million, down 45.7% from FY2022.
- Current Taxes shows a five-year compound annual growth rate of -16.4% (FY2018 to FY2023).
- In earlier years, Current Taxes was $127 million in FY2022 (-35.2%), $196 million in FY2021 (unchanged), $196 million in FY2020 (+7.7%) and $182 million in FY2019 (+7.7%).
- Quarterly Current Taxes has moved between $67 million (Q2 2024) and $238 million (Q1 2022) over five years.
- Compared with a year earlier, Current Taxes has declined for four straight quarters, with an average decline of 27.2% over the last eight quarters.
- The best year-over-year quarter for Current Taxes over five years was Q1 2022 (growth of 55.6%); the worst was Q2 2024 (a decline of 61.5%).
- Per Business Quant data, GLW's Current Taxes in the three quarters before Q3 2024 was $67 million (Q2 2024), $116 million (Q1 2024) and $69 million (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | - |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | - |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | 405.40 Mn |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | 98.00 Mn |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | 303.00 Mn |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | - |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | - |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 120.00 Mn |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | - |
| 10 | Ppg Industries | 23.77 Bn | 16.57 Bn | 1.81 Bn | - |
Historic Data
Download Data
Historic 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 |
API Access
Corning Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=GLW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "GLW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=GLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();