Corning (GLW) Long-Term Investments (2009 - 2023)
Corning (GLW) reported Long-Term Investments of $414.0 million for Q4 2023, up 84.82% on a YoY basis from $224.0 million in Q4 2022, and up 84.82% quarter-over-quarter from $224.0 million in Q4 2022.
Corning (GLW) Long-Term Investments (2009 - 2023) Analysis & Trends
Corning has reported Long-Term Investments for 15 years, with the latest figure at $414.0 million in Q4 2023.
- For the quarter ending Q4 2023, Long-Term Investments rose 84.82% year-over-year to $414.0 million; the trailing twelve-month figure through Dec 2023 stood at $414.0 million (up 84.82% YoY), and the FY2023 full-year result was $414.0 million, up 84.82% from the prior year.
- Long-Term Investments for Q4 2023 stood at $414.0 million, up from $224.0 million in the prior quarter.
- The five-year high for Long-Term Investments was $435.0 million in Q4 2020, with the low at $92.0 million in Q4 2019.
- Historically, Long-Term Investments has averaged $313.3 million across 5 years, with a median of $329.0 million in 2020.
- Annual changes were most pronounced in 2019 — Long-Term Investments tumbled 46.2% — and 2020, when it surged 372.83%.
- Corning's Long-Term Investments stood at $92.0 million in 2019, then surged by 372.83% to $435.0 million in 2020, then decreased by 26.9% to $318.0 million in 2021, then decreased by 29.56% to $224.0 million in 2022, then soared by 84.82% to $414.0 million in 2023.
- The last three Long-Term Investments figures came in at $414.0 million (Q4 2023), $224.0 million (Q4 2022), and $318.0 million (Q4 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (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 | 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 | 2.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 414.00 Mn |
| Dec 31, 2022 | 224.00 Mn |
| Dec 31, 2021 | 318.00 Mn |
| Dec 31, 2020 | 435.00 Mn |
| Sep 30, 2020 | 285.00 Mn |
| Jun 30, 2020 | 329.00 Mn |
| Mar 31, 2020 | 320.00 Mn |
| Dec 31, 2019 | 92.00 Mn |
| Sep 30, 2019 | 339.00 Mn |
| Jun 30, 2019 | 344.00 Mn |
| Mar 31, 2019 | 346.00 Mn |
| Dec 31, 2018 | 171.00 Mn |
| Sep 30, 2018 | 322.00 Mn |
| Jun 30, 2018 | 339.00 Mn |
| Mar 31, 2018 | 345.00 Mn |
| Dec 31, 2017 | 61.00 Mn |
| Sep 30, 2017 | 352.00 Mn |
| Jun 30, 2017 | 348.00 Mn |
| Mar 31, 2017 | 337.00 Mn |
| Dec 31, 2016 | 12.00 Mn |