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 | 201.92 Bn | 196.89 Bn | 2.80 Bn |
| 2 | Corning | 167.41 Bn | 166.19 Bn | 1.53 Bn |
| 3 | TE Connectivity | 63.90 Bn | 62.94 Bn | 1.75 Bn |
| 4 | Flex | 54.73 Bn | 53.09 Bn | 702.00 Mn |
| 5 | Celestica | 42.91 Bn | 42.53 Bn | 437.20 Mn |
| 6 | Jabil | 39.52 Bn | 37.70 Bn | 746.00 Mn |
| 7 | Ttm Technologies | 22.37 Bn | 21.95 Bn | 181.18 Mn |
| 8 | Fabrinet | 20.58 Bn | 19.64 Bn | 144.34 Mn |
| 9 | Vicor | 15.04 Bn | 14.64 Bn | 62.37 Mn |
| 10 | Sanmina | 13.13 Bn | 11.55 Bn | 353.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |