Corning (GLW) Non-Current Deferred Tax Liability (2009 - 2024)
Corning (GLW) posted quarterly Non-Current Deferred Tax Liability of $204.0 million for Q3 2024, up 1.49% year-over-year from $201.0 million in Q4 2023, and up 22.16% quarter-over-quarter from $167.0 million in Q2 2024.
Corning (GLW) Non-Current Deferred Tax Liability (2009 - 2024) Analysis & Trends
Corning's Non-Current Deferred Tax Liability history runs 12 years deep, the most recent figure standing at $204.0 million for Q3 2024.
- In Q3 2024, Non-Current Deferred Tax Liability rose 1.49% year-over-year to $204.0 million; the TTM figure through Sep 2024 stood at $204.0 million (up 1.49% YoY), while the FY2023 annual figure was $218.0 million, down 10.29% from the prior year.
- Non-Current Deferred Tax Liability for Q3 2024 stood at $204.0 million, up from $167.0 million in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $287.0 million in Q1 2021, with the low at $136.0 million in Q3 2022.
- The 5-year median for Non-Current Deferred Tax Liability is $243.0 million (2022), against an average of $229.8 million.
- The sharpest annual moves came in 2022 and 2023: Non-Current Deferred Tax Liability plunged 48.29% in 2022, then surged 47.79% in 2023.
- Corning's Non-Current Deferred Tax Liability stood at $258.0 million in 2020, then changed by 0.0% to $258.0 million in 2021, then slipped by 5.81% to $243.0 million in 2022, then decreased by 10.29% to $218.0 million in 2023, then fell by 6.42% to $204.0 million in 2024.
- Business Quant data shows GLW's Non-Current Deferred Tax Liability at $204.0 million in Q3 2024, $167.0 million in Q2 2024, and $193.0 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amphenol | 380.87 Bn | 374.76 Bn | 3.55 Bn |
| 2 | Corning | 130.55 Bn | 128.05 Bn | 1.63 Bn |
| 3 | TE Connectivity | 58.74 Bn | 57.50 Bn | 1.84 Bn |
| 4 | Flex | 40.42 Bn | 37.58 Bn | 747.00 Mn |
| 5 | Celestica | 34.29 Bn | 33.75 Bn | 577.50 Mn |
| 6 | Jabil | 33.27 Bn | 31.91 Bn | 828.00 Mn |
| 7 | Fabrinet | 15.83 Bn | 14.96 Bn | 158.05 Mn |
| 8 | Ttm Technologies | 11.87 Bn | 11.35 Bn | 211.86 Mn |
| 9 | Littelfuse | 10.48 Bn | 9.85 Bn | 306.06 Mn |
| 10 | Sanmina | 10.32 Bn | 8.47 Bn | 363.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 204.00 Mn |
| Sep 30, 2024 | 204.00 Mn |
| Jun 30, 2024 | 167.00 Mn |
| Jun 30, 2024 | 167.00 Mn |
| Mar 31, 2024 | 193.00 Mn |
| Mar 31, 2024 | 193.00 Mn |
| Dec 31, 2023 | 218.00 Mn |
| Dec 31, 2023 | 218.00 Mn |
| Sep 30, 2023 | 201.00 Mn |
| Sep 30, 2023 | 201.00 Mn |
| Jun 30, 2023 | 217.00 Mn |
| Jun 30, 2023 | 217.00 Mn |
| Mar 31, 2023 | 219.00 Mn |
| Mar 31, 2023 | 219.00 Mn |
| Dec 31, 2022 | 243.00 Mn |
| Dec 31, 2022 | 243.00 Mn |
| Sep 30, 2022 | 136.00 Mn |
| Sep 30, 2022 | 136.00 Mn |
| Jun 30, 2022 | 206.00 Mn |
| Jun 30, 2022 | 206.00 Mn |