Corning (GLW) Equity Income (2009 - 2021)
Corning (GLW) reported Equity Income of $4.0 million for 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.
Corning (GLW) Equity Income (2009 - 2021) Analysis & Trends
Corning has reported Equity Income for 13 years, with the latest figure at $4.0 million 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 for Q4 2021 stood at $4.0 million, down from $16.0 million in the prior quarter.
- The five-year high for Equity Income was $288.0 million in Q4 2018, with the low 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 largest YoY upside for Equity Income was 139.39% in 2020 against a maximum downside of 430.43% in 2020.
- Corning's Equity Income stood at $213.0 million in 2017, then jumped by 35.21% to $288.0 million in 2018, then slumped by 122.22% to -$64.0 million in 2019, then soared by 34.38% to -$42.0 million in 2020, then surged by 109.52% to $4.0 million in 2021.
- The last three Equity Income figures came in at $4.0 million (Q4 2021), $16.0 million (Q3 2021), and $7.0 million (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn | - |
| 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 | -5.00 Mn |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn | - |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn | - |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn | - |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn | - |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn | - |
| 10 | Vicor | 12.32 Bn | 11.92 Bn | 62.37 Mn | - |
Historic Data
Download 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 |