Corning (GLW) Operating Leases (2020 - 2024)
Corning's (GLW) quarterly Operating Leases came in at $840.0 million in 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.
Analysis
Corning (GLW) Operating Leases (2020 - 2024) Analysis & Trends
Corning (GLW) has reported Operating Leases for 5 consecutive years, with $840.0 million the latest figure, recorded 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 grew to $840.0 million in Q3 2024 per GLW's latest filing, from $821.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $846.0 million in Q1 2023 and bottomed 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.
- The sharpest annual moves came in 2023 and 2024: Operating Leases gained 29.94% in 2023, then fell 3.07% in 2024.
- Over 5 years, Operating Leases stood at $691.0 million in 2020, then changed by 0.0% to $691.0 million in 2021, then climbed by 15.05% to $795.0 million in 2022, then climbed by 6.42% to $846.0 million in 2023, then dropped by 0.71% to $840.0 million in 2024.
- According to Business Quant data, Operating Leases over the past three periods registered $840.0 million, $821.0 million, and $820.0 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Corning | 145.23 Bn | 142.72 Bn | 1.63 Bn |
| 2 | Ati | 28.31 Bn | 27.53 Bn | 309.80 Mn |
| 3 | Qnity Electronics | 26.44 Bn | 25.48 Bn | 666.00 Mn |
| 4 | International Flavors & Fragrances | 21.60 Bn | 21.03 Bn | 853.00 Mn |
| 5 | DuPont de Nemours | 17.56 Bn | 15.82 Bn | 639.00 Mn |
| 6 | Avery Dennison | 13.07 Bn | 12.84 Bn | 729.40 Mn |
| 7 | Solstice Advanced Materials | 10.15 Bn | 9.40 Bn | 370.00 Mn |
| 8 | Element Solutions | 8.78 Bn | 8.59 Bn | 334.00 Mn |
| 9 | Eastman Chemical | 7.86 Bn | 7.17 Bn | 560.00 Mn |
| 10 | Hexcel | 6.86 Bn | 6.80 Bn | 138.10 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 |