Corning (GLW) Operating Leases (2020 - 2024)
Corning (GLW) recorded Operating Leases of $840 million in Q3 2024, down 0.2% from $842 million a year earlier but up 2.3% from the prior quarter.
Analysis
Corning (GLW) Operating Leases (2020 - 2024) Analysis & Trends
At the end of FY2023, Corning reported Operating Leases of $846 million, up 6.4% from FY2022.
- Annual Operating Leases has a three-year compound annual growth rate of 7.0% (FY2020 to FY2023).
- Across earlier years, Operating Leases came in at $795 million in FY2022 (+15.1%), $691 million in FY2021 (unchanged) and $691 million in FY2020.
- Quarterly Operating Leases has ranged from $611 million in Q1 2021 to $846 million in Q4 2023 over the past five years.
- On a year-over-year basis, Operating Leases has declined for three consecutive quarters, with growth averaging 11.8% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 29.9% in Q3 2023, against a decline of 3.1% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $821 million (Q2 2024), $820 million (Q1 2024) and $846 million (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 232.92 Bn | 214.50 Bn | 4.43 Bn |
| 2 | Corning | 114.46 Bn | 107.03 Bn | 1.63 Bn |
| 3 | Sherwin Williams | 80.97 Bn | 80.01 Bn | 3.34 Bn |
| 4 | Air Products & Chemicals | 66.60 Bn | 61.78 Bn | 1.04 Bn |
| 5 | LyondellBasell Industries | 41.19 Bn | 30.70 Bn | 2.04 Bn |
| 6 | Nutrien | 33.79 Bn | 30.61 Bn | 3.25 Bn |
| 7 | Ati | 25.83 Bn | 23.86 Bn | 309.80 Mn |
| 8 | Qnity Electronics | 24.96 Bn | 22.09 Bn | 666.00 Mn |
| 9 | Ppg Industries | 23.98 Bn | 16.63 Bn | 1.81 Bn |
| 10 | International Flavors & Fragrances | 23.16 Bn | 20.82 Bn | 853.00 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Corning Operating Leases 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=operating-leases&ticker=GLW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=GLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();