Corning (GLW) Other Accumulated Expenses (2009 - 2024)
Corning (GLW) reported Other Accumulated Expenses of $1.4 billion for 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.
Corning (GLW) Other Accumulated Expenses (2009 - 2024) Analysis & Trends
Corning has reported Other Accumulated Expenses for 16 years, with the latest figure at $1.4 billion 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 for Q3 2024 stood at $1.4 billion, up from $1.1 billion in the prior quarter.
- The five-year high for Other Accumulated Expenses was $1.5 billion in Q2 2023, with the low 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.
- Annual changes were most pronounced in 2021 — Other Accumulated Expenses surged 32.51% — and 2024, when it declined 22.53%.
- Corning's Other Accumulated Expenses stood at $1.0 billion in 2020, then changed by 0.0% to $1.0 billion in 2021, then grew by 22.11% to $1.2 billion in 2022, then increased by 9.95% to $1.3 billion in 2023, then grew by 1.34% to $1.4 billion in 2024.
- The last three Other Accumulated Expenses figures came in at $1.4 billion (Q3 2024), $1.1 billion (Q2 2024), and $1.3 billion (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn |
| 10 | Vicor | 12.32 Bn | 11.92 Bn | 62.37 Mn |
Historic Data
Download 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 |