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
DateValue
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