Corning (GLW) Equity Income (2009 - 2021)
Corning's (GLW) quarterly Equity Income came in at $4.0 million in Q4 2021, up 109.52% on a YoY basis from $1.9 million in Q4 2020, and down 75.0% quarter-over-quarter from $16.0 million in Q3 2021.
Analysis
Corning (GLW) Equity Income (2009 - 2021) Analysis & Trends
Corning (GLW) has reported Equity Income for 13 consecutive years, with $4.0 million the latest figure, recorded in Q4 2021.
- For the quarter ending Q4 2021, Equity Income rose 109.52% year-over-year to $4.0 million; the trailing twelve-month figure through Dec 2021 stood at $35.0 million (up 240.0% YoY), and the FY2021 full-year result was $35.0 million, up 240.0% from the prior year.
- Equity Income declined to $4.0 million in Q4 2021 per GLW's latest filing, from $16.0 million in the prior quarter.
- Across five years, Equity Income topped out at $288.0 million in Q4 2018 and bottomed at -$76.0 million in Q3 2020.
- Historically, Equity Income has averaged $38.9 million across 5 years, with a median of $28.0 million in 2017.
- The widest YoY moves for Equity Income: up 139.39% in 2020, down 430.43% in 2020.
- Over 5 years, Equity Income stood at $213.0 million in 2017, then soared by 35.21% to $288.0 million in 2018, then plunged by 122.22% to -$64.0 million in 2019, then surged by 34.38% to -$42.0 million in 2020, then jumped by 109.52% to $4.0 million in 2021.
- According to Business Quant data, Equity Income over the past three periods registered $4.0 million, $16.0 million, and $7.0 million for Q4 2021, Q3 2021, and Q2 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.82 Bn | 143.32 Bn | 1.63 Bn | - |
| 2 | Ati | 28.37 Bn | 27.58 Bn | 309.80 Mn | - |
| 3 | Qnity Electronics | 25.94 Bn | 24.98 Bn | 666.00 Mn | 11.00 Mn |
| 4 | International Flavors & Fragrances | 21.51 Bn | 20.94 Bn | 853.00 Mn | - |
| 5 | DuPont de Nemours | 17.57 Bn | 15.83 Bn | 639.00 Mn | 9.00 Mn |
| 6 | Avery Dennison | 12.99 Bn | 12.76 Bn | 729.40 Mn | - |
| 7 | Solstice Advanced Materials | 10.12 Bn | 9.37 Bn | 370.00 Mn | - |
| 8 | Element Solutions | 8.77 Bn | 8.58 Bn | 334.00 Mn | - |
| 9 | Eastman Chemical | 7.86 Bn | 7.17 Bn | 560.00 Mn | - |
| 10 | Hexcel | 6.87 Bn | 6.80 Bn | 138.10 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 4.00 Mn |
| Sep 30, 2021 | 16.00 Mn |
| Jun 30, 2021 | 7.00 Mn |
| Mar 31, 2021 | 8.00 Mn |
| Dec 31, 2020 | -42.00 Mn |
| Sep 30, 2020 | -76.00 Mn |
| Jun 30, 2020 | 79.00 Mn |
| Mar 31, 2020 | 14.00 Mn |
| Dec 31, 2019 | -64.00 Mn |
| Sep 30, 2019 | 23.00 Mn |
| Jun 30, 2019 | 33.00 Mn |
| Mar 31, 2019 | 25.00 Mn |
| Dec 31, 2018 | 288.00 Mn |
| Sep 30, 2018 | 32.00 Mn |
| Jun 30, 2018 | 31.00 Mn |
| Mar 31, 2018 | 39.00 Mn |
| Dec 31, 2017 | 213.00 Mn |
| Sep 30, 2017 | 31.00 Mn |
| Jun 30, 2017 | 37.00 Mn |
| Mar 31, 2017 | 80.00 Mn |