Corning (GLW) Other Accumulated Expenses (2009 - 2024)
Corning (GLW) reported Other Accumulated Expenses of $1.37 billion for Q3 2024, up 5.6% from $1.29 billion a year earlier and up 19.3% from the prior quarter.
Corning (GLW) Other Accumulated Expenses (2009 - 2024) Analysis & Trends
At the end of FY2023, Corning posted Other Accumulated Expenses of $1.35 billion, up 10.0% from FY2022.
- Other Accumulated Expenses has a five-year compound annual growth rate of 10.5% (FY2018 to FY2023).
- By year, Other Accumulated Expenses came in at $1.23 billion in FY2022 (+22.1%), $1 billion in FY2021 (unchanged), $1 billion in FY2020 (+17.7%) and $853 million in FY2019 (+4.4%).
- The Q3 2024 figure ranks as the highest quarterly Other Accumulated Expenses since Q2 2023.
- Year over year, Other Accumulated Expenses gained in seven of the last eight quarters, with growth averaging 7.6%.
- The high point for year-over-year Other Accumulated Expenses in five years was Q2 2021 (growth of 32.5%); the low point was Q2 2024 (a decline of 22.5%).
- Per Business Quant data, the three quarters before Q3 2024 came in at $1.15 billion (Q2 2024), $1.26 billion (Q1 2024) and $1.35 billion (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 221.03 Bn | 204.14 Bn | 4.43 Bn |
| 2 | Corning | 141.47 Bn | 134.60 Bn | 1.63 Bn |
| 3 | Sherwin Williams | 77.59 Bn | 76.63 Bn | 3.34 Bn |
| 4 | Air Products & Chemicals | 61.84 Bn | 59.74 Bn | 1.04 Bn |
| 5 | LyondellBasell Industries | 37.84 Bn | 27.46 Bn | 2.04 Bn |
| 6 | Nutrien | 33.77 Bn | 30.64 Bn | 3.25 Bn |
| 7 | Qnity Electronics | 27.51 Bn | 24.93 Bn | 666.00 Mn |
| 8 | Ati | 26.21 Bn | 24.36 Bn | 309.80 Mn |
| 9 | Ppg Industries | 23.37 Bn | 16.17 Bn | 1.81 Bn |
| 10 | International Flavors & Fragrances | 21.04 Bn | 18.74 Bn | 853.00 Mn |
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 |
Corning Other Accumulated Expenses 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=other-accumulated-expenses&ticker=GLW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-accumulated-expenses", "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=other-accumulated-expenses&ticker=GLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();