Corning (GLW) Long-Term Investments (2009 - 2023)
Corning's (GLW) quarterly Long-Term Investments came in at $414.0 million in Q4 2023, up 15.0% on a YoY basis from $360.0 million in Q4 2022, and up 15.0% quarter-over-quarter from $360.0 million in Q4 2022.
Analysis
Corning (GLW) Long-Term Investments (2009 - 2023) Analysis & Trends
Corning (GLW) has reported Long-Term Investments for 15 consecutive years, with $414.0 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Long-Term Investments rose 15.0% year-over-year to $414.0 million; the trailing twelve-month figure through Dec 2023 stood at $414.0 million (up 15.0% YoY), and the FY2023 full-year result was $414.0 million, up 15.0% from the prior year.
- Long-Term Investments advanced to $414.0 million in Q4 2023 per GLW's latest filing, from $360.0 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $435.0 million in Q4 2020 and bottomed at $318.0 million in Q4 2021.
- Historically, Long-Term Investments has averaged $353.9 million across 5 years, with a median of $344.0 million in 2019.
- The sharpest annual moves came in 2020 and 2021: Long-Term Investments surged 30.24% in 2020, then fell 26.9% in 2021.
- Over 5 years, Long-Term Investments stood at $334.0 million in 2019, then soared by 30.24% to $435.0 million in 2020, then dropped by 26.9% to $318.0 million in 2021, then climbed by 13.21% to $360.0 million in 2022, then rose by 15.0% to $414.0 million in 2023.
- According to Business Quant data, Long-Term Investments over the past three periods registered $414.0 million, $360.0 million, and $318.0 million for Q4 2023, Q4 2022, and Q4 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.18 Bn | 142.67 Bn | 1.63 Bn | - |
| 2 | Ati | 28.28 Bn | 27.50 Bn | 309.80 Mn | - |
| 3 | Qnity Electronics | 26.28 Bn | 25.32 Bn | 666.00 Mn | 427.00 Mn |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | - |
| 5 | DuPont de Nemours | 17.40 Bn | 15.66 Bn | 639.00 Mn | 981.00 Mn |
| 6 | Avery Dennison | 12.97 Bn | 12.74 Bn | 729.40 Mn | - |
| 7 | Solstice Advanced Materials | 10.03 Bn | 9.28 Bn | 370.00 Mn | 174.00 Mn |
| 8 | Element Solutions | 8.73 Bn | 8.54 Bn | 334.00 Mn | - |
| 9 | Eastman Chemical | 7.82 Bn | 7.13 Bn | 560.00 Mn | - |
| 10 | Hexcel | 6.84 Bn | 6.78 Bn | 138.10 Mn | 5.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 414.00 Mn |
| Dec 31, 2022 | 360.00 Mn |
| Dec 31, 2021 | 318.00 Mn |
| Dec 31, 2020 | 435.00 Mn |
| Sep 30, 2020 | 354.00 Mn |
| Jun 30, 2020 | 329.00 Mn |
| Mar 31, 2020 | 320.00 Mn |
| Dec 31, 2019 | 334.00 Mn |
| Sep 30, 2019 | 339.00 Mn |
| Jun 30, 2019 | 344.00 Mn |
| Mar 31, 2019 | 346.00 Mn |
| Dec 31, 2018 | 376.00 Mn |
| Sep 30, 2018 | 322.00 Mn |
| Jun 30, 2018 | 339.00 Mn |
| Mar 31, 2018 | 345.00 Mn |
| Dec 31, 2017 | 340.00 Mn |
| Sep 30, 2017 | 352.00 Mn |
| Jun 30, 2017 | 348.00 Mn |
| Mar 31, 2017 | 337.00 Mn |
| Dec 31, 2016 | 336.00 Mn |