Corning (GLW) Non-Current Deffered Revenue (2017 - 2024)
Corning (GLW) reported Non-Current Deffered Revenue of $1.01 billion for Q3 2024, down 3.4% from $1.04 billion a year earlier but up 2.3% from the prior quarter.
Corning (GLW) Non-Current Deffered Revenue (2017 - 2024) Analysis & Trends
At the end of FY2023, Corning posted Non-Current Deffered Revenue of $1.08 billion, down 4.7% from FY2022.
- Non-Current Deffered Revenue has a five-year compound annual growth rate of 3.3% (FY2018 to FY2023).
- By year, Non-Current Deffered Revenue came in at $1.14 billion in FY2022 (+3.4%), $1.1 billion in FY2021 (+2.6%), $1.07 billion in FY2020 (+15.6%) and $927 million in FY2019 (+0.5%).
- Five-year quarterly Non-Current Deffered Revenue spans a low of $876 million in Q2 2020 and a high of $1.15 billion in Q3 2020.
- Year over year, Non-Current Deffered Revenue has now declined in each of the last five quarters, with an average decline of 1.8% over the last eight quarters.
- The high point for year-over-year Non-Current Deffered Revenue in five years was Q3 2020 (growth of 35.5%); the low point was Q1 2022 (a decline of 9.1%).
- Per Business Quant data, the three quarters before Q3 2024 came in at $986 million (Q2 2024), $977 million (Q1 2024) and $1.08 billion (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 235.27 Bn | 218.38 Bn | 4.43 Bn | - |
| 2 | Corning | 106.79 Bn | 99.92 Bn | 1.63 Bn | - |
| 3 | Sherwin Williams | 83.92 Bn | 82.96 Bn | 3.34 Bn | - |
| 4 | Air Products & Chemicals | 68.64 Bn | 66.53 Bn | 1.04 Bn | - |
| 5 | LyondellBasell Industries | 42.22 Bn | 31.84 Bn | 2.04 Bn | - |
| 6 | Nutrien | 33.30 Bn | 30.16 Bn | 3.25 Bn | - |
| 7 | Ppg Industries | 25.14 Bn | 17.94 Bn | 1.81 Bn | - |
| 8 | International Flavors & Fragrances | 23.95 Bn | 21.65 Bn | 853.00 Mn | - |
| 9 | Dow | 22.98 Bn | 7.98 Bn | 2.17 Bn | - |
| 10 | Qnity Electronics | 22.74 Bn | 20.16 Bn | 666.00 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 1.01 Bn |
| Jun 30, 2024 | 986.00 Mn |
| Mar 31, 2024 | 977.00 Mn |
| Dec 31, 2023 | 1.08 Bn |
| Sep 30, 2023 | 1.04 Bn |
| Jun 30, 2023 | 1.04 Bn |
| Mar 31, 2023 | 1.04 Bn |
| Dec 31, 2022 | 1.14 Bn |
| Sep 30, 2022 | 1.12 Bn |
| Jun 30, 2022 | 1.00 Bn |
| Mar 31, 2022 | 1.00 Bn |
| Dec 31, 2021 | 1.10 Bn |
| Sep 30, 2021 | 1.10 Bn |
| Jun 30, 2021 | 1.10 Bn |
| Mar 31, 2021 | 1.10 Bn |
| Dec 31, 2020 | 1.07 Bn |
| Sep 30, 2020 | 1.15 Bn |
| Jun 30, 2020 | 876.00 Mn |
| Mar 31, 2020 | 907.00 Mn |
| Dec 31, 2019 | 927.00 Mn |
Corning Non-Current Deffered Revenue 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-deffered-revenue&ticker=GLW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deffered-revenue", "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-deffered-revenue&ticker=GLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();