Corning (GLW) Non-Current Deferred Tax Liability (2013 - 2024)
Corning (GLW) posted Non-Current Deferred Tax Liability of $204 million for Q3 2024, up 1.5% from $201 million a year earlier and up 22.2% from the prior quarter.
Corning (GLW) Non-Current Deferred Tax Liability (2013 - 2024) Analysis & Trends
At the end of FY2023, Corning's Non-Current Deferred Tax Liability came in at $218 million, down 10.3% from FY2022.
- Annual Non-Current Deferred Tax Liability shows a five-year compound annual growth rate of -8.9% (FY2018 to FY2023).
- In prior years, Corning's Non-Current Deferred Tax Liability was $243 million in FY2022 (-5.8%), $258 million in FY2021 (unchanged), $258 million in FY2020 (-20.6%) and $325 million in FY2019 (-6.3%).
- Quarterly Non-Current Deferred Tax Liability has run from a low of $136 million in Q3 2022 to a high of $325 million in Q4 2019 over five years.
- On a year-over-year basis, Non-Current Deferred Tax Liability increased in three of the last eight quarters, with an average decline of 1.0%.
- The strongest year-over-year quarter for Non-Current Deferred Tax Liability in the past five years was Q3 2023, with growth of 47.8%; the weakest was Q3 2022, with a decline of 48.3%.
- According to Business Quant data, Non-Current Deferred Tax Liability for the three prior quarters was $167 million (Q2 2024), $193 million (Q1 2024) and $218 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn |
| 10 | Ppg Industries | 23.19 Bn | 15.99 Bn | 1.81 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 204.00 Mn |
| Jun 30, 2024 | 167.00 Mn |
| Mar 31, 2024 | 193.00 Mn |
| Dec 31, 2023 | 218.00 Mn |
| Sep 30, 2023 | 201.00 Mn |
| Jun 30, 2023 | 217.00 Mn |
| Mar 31, 2023 | 219.00 Mn |
| Dec 31, 2022 | 243.00 Mn |
| Sep 30, 2022 | 136.00 Mn |
| Jun 30, 2022 | 206.00 Mn |
| Mar 31, 2022 | 248.00 Mn |
| Dec 31, 2021 | 258.00 Mn |
| Sep 30, 2021 | 263.00 Mn |
| Jun 30, 2021 | 277.00 Mn |
| Mar 31, 2021 | 287.00 Mn |
| Dec 31, 2020 | 258.00 Mn |
| Sep 30, 2020 | 247.00 Mn |
| Jun 30, 2020 | 273.00 Mn |
| Mar 31, 2020 | 251.00 Mn |
| Dec 31, 2019 | 325.00 Mn |
Corning Non-Current Deferred Tax Liability API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-deferred-tax-liability&ticker=GLW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "ticker": "GLW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-deferred-tax-liability&ticker=GLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();