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
DateValue
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