Corning (GLW) Other Accumulated Expenses (2009 - 2024)
Corning's (GLW) quarterly Other Accumulated Expenses came in at $1.4 billion in Q3 2024, up 5.56% on a YoY basis from $1.3 billion in Q4 2023, and up 19.3% quarter-over-quarter from $1.1 billion in Q2 2024.
Analysis
Corning (GLW) Other Accumulated Expenses (2009 - 2024) Analysis & Trends
Corning (GLW) has reported Other Accumulated Expenses for 16 consecutive years, with $1.4 billion the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Other Accumulated Expenses rose 5.56% year-over-year to $1.4 billion; the trailing twelve-month figure through Sep 2024 stood at $1.4 billion (up 5.56% YoY), and the FY2023 full-year result was $1.3 billion, up 9.95% from the prior year.
- Other Accumulated Expenses rose to $1.4 billion in Q3 2024 per GLW's latest filing, from $1.1 billion in the prior quarter.
- Across five years, Other Accumulated Expenses topped out at $1.5 billion in Q2 2023 and bottomed at $829.0 million in Q1 2020.
- Historically, Other Accumulated Expenses has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2024.
- The sharpest annual moves came in 2021 and 2024: Other Accumulated Expenses soared 32.51% in 2021, then fell 22.53% in 2024.
- Over 5 years, Other Accumulated Expenses stood at $1.0 billion in 2020, then changed by 0.0% to $1.0 billion in 2021, then rose by 22.11% to $1.2 billion in 2022, then gained by 9.95% to $1.3 billion in 2023, then rose by 1.34% to $1.4 billion in 2024.
- According to Business Quant data, Other Accumulated Expenses over the past three periods registered $1.4 billion, $1.1 billion, and $1.3 billion for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Corning | 145.48 Bn | 142.98 Bn | 1.63 Bn |
| 2 | Ati | 28.41 Bn | 27.63 Bn | 309.80 Mn |
| 3 | Qnity Electronics | 26.25 Bn | 25.29 Bn | 666.00 Mn |
| 4 | International Flavors & Fragrances | 21.54 Bn | 20.97 Bn | 853.00 Mn |
| 5 | DuPont de Nemours | 17.57 Bn | 15.83 Bn | 639.00 Mn |
| 6 | Avery Dennison | 12.97 Bn | 12.75 Bn | 729.40 Mn |
| 7 | Solstice Advanced Materials | 10.10 Bn | 9.35 Bn | 370.00 Mn |
| 8 | Element Solutions | 8.81 Bn | 8.62 Bn | 334.00 Mn |
| 9 | Eastman Chemical | 7.85 Bn | 7.16 Bn | 560.00 Mn |
| 10 | Hexcel | 6.87 Bn | 6.81 Bn | 138.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 1.37 Bn |
| Jun 30, 2024 | 1.15 Bn |
| Mar 31, 2024 | 1.26 Bn |
| Dec 31, 2023 | 1.35 Bn |
| Sep 30, 2023 | 1.29 Bn |
| Jun 30, 2023 | 1.48 Bn |
| Mar 31, 2023 | 1.22 Bn |
| Dec 31, 2022 | 1.23 Bn |
| Sep 30, 2022 | 1.03 Bn |
| Jun 30, 2022 | 1.38 Bn |
| Mar 31, 2022 | 1.12 Bn |
| Dec 31, 2021 | 1.00 Bn |
| Sep 30, 2021 | 1.02 Bn |
| Jun 30, 2021 | 1.18 Bn |
| Mar 31, 2021 | 907.00 Mn |
| Dec 31, 2020 | 1.00 Bn |
| Sep 30, 2020 | 1.06 Bn |
| Jun 30, 2020 | 889.00 Mn |
| Mar 31, 2020 | 829.00 Mn |
| Dec 31, 2019 | 853.00 Mn |