Corning (GLW) Operating Leases (2020 - 2024)

Corning (GLW) reported Operating Leases of $840.0 million for Q3 2024, little changed on a YoY basis from $842.0 million in Q4 2023, and up 2.31% quarter-over-quarter from $821.0 million in Q2 2024.

Corning (GLW) Operating Leases (2020 - 2024) Analysis & Trends

Corning has reported Operating Leases for 5 years, with the latest figure at $840.0 million in Q3 2024.

  • For the quarter ending Q3 2024, Operating Leases changed 0.24% year-over-year to $840.0 million; the trailing twelve-month figure through Sep 2024 stood at $840.0 million (changed 0.24% YoY), and the FY2023 full-year result was $846.0 million, up 6.42% from the prior year.
  • Operating Leases for Q3 2024 stood at $840.0 million, up from $821.0 million in the prior quarter.
  • The five-year high for Operating Leases was $846.0 million in Q1 2023, with the low at $611.0 million in Q1 2021.
  • Historically, Operating Leases has averaged $742.2 million across 5 years, with a median of $743.0 million in 2020.
  • Annual changes were most pronounced in 2023 — Operating Leases rose 29.94% — and 2024, when it declined 3.07%.
  • Corning's Operating Leases stood at $691.0 million in 2020, then changed by 0.0% to $691.0 million in 2021, then gained by 15.05% to $795.0 million in 2022, then gained by 6.42% to $846.0 million in 2023, then decreased by 0.71% to $840.0 million in 2024.
  • The last three Operating Leases figures came in at $840.0 million (Q3 2024), $821.0 million (Q2 2024), and $820.0 million (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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

Historic Data

Download Data
DateValue
Sep 30, 2024 840.00 Mn
Jun 30, 2024 821.00 Mn
Mar 31, 2024 820.00 Mn
Dec 31, 2023 846.00 Mn
Sep 30, 2023 842.00 Mn
Jun 30, 2023 827.00 Mn
Mar 31, 2023 846.00 Mn
Dec 31, 2022 795.00 Mn
Sep 30, 2022 648.00 Mn
Jun 30, 2022 678.00 Mn
Mar 31, 2022 676.00 Mn
Dec 31, 2021 691.00 Mn
Sep 30, 2021 626.00 Mn
Jun 30, 2021 618.00 Mn
Mar 31, 2021 611.00 Mn
Dec 31, 2020 691.00 Mn