Corning (GLW) Raw Materials (2010 - 2024)
Corning's (GLW) quarterly Raw Materials came in at $457.0 million in Q3 2024, down 4.59% on a YoY basis from $479.0 million in Q4 2023, and up 7.28% quarter-over-quarter from $426.0 million in Q2 2024.
Analysis
Corning (GLW) Raw Materials (2010 - 2024) Analysis & Trends
Corning (GLW) has reported Raw Materials for 15 consecutive years, with $457.0 million the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Raw Materials fell 4.59% year-over-year to $457.0 million; the trailing twelve-month figure through Sep 2024 stood at $457.0 million (down 4.59% YoY), and the FY2023 full-year result was $445.0 million, down 17.13% from the prior year.
- Raw Materials improved to $457.0 million in Q3 2024 per GLW's latest filing, from $426.0 million in the prior quarter.
- Across five years, Raw Materials topped out at $571.0 million in Q3 2022 and bottomed at $426.0 million in Q2 2024.
- Historically, Raw Materials has averaged $491.6 million across 5 years, with a median of $481.0 million in 2021.
- The sharpest annual moves came in 2020 and 2024: Raw Materials climbed 15.85% in 2020, then declined 17.28% in 2024.
- Over 5 years, Raw Materials stood at $506.0 million in 2020, then dropped by 4.94% to $481.0 million in 2021, then increased by 11.64% to $537.0 million in 2022, then retreated by 17.13% to $445.0 million in 2023, then gained by 2.7% to $457.0 million in 2024.
- According to Business Quant data, Raw Materials over the past three periods registered $457.0 million, $426.0 million, and $446.0 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Corning | 145.15 Bn | 142.65 Bn | 1.63 Bn |
| 2 | Ati | 28.33 Bn | 27.54 Bn | 309.80 Mn |
| 3 | Qnity Electronics | 26.46 Bn | 25.50 Bn | 666.00 Mn |
| 4 | International Flavors & Fragrances | 21.61 Bn | 21.04 Bn | 853.00 Mn |
| 5 | DuPont de Nemours | 17.56 Bn | 15.82 Bn | 639.00 Mn |
| 6 | Avery Dennison | 13.06 Bn | 12.83 Bn | 729.40 Mn |
| 7 | Solstice Advanced Materials | 10.13 Bn | 9.38 Bn | 370.00 Mn |
| 8 | Element Solutions | 8.78 Bn | 8.59 Bn | 334.00 Mn |
| 9 | Eastman Chemical | 7.87 Bn | 7.18 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 | 457.00 Mn |
| Jun 30, 2024 | 426.00 Mn |
| Mar 31, 2024 | 446.00 Mn |
| Dec 31, 2023 | 445.00 Mn |
| Sep 30, 2023 | 479.00 Mn |
| Jun 30, 2023 | 515.00 Mn |
| Mar 31, 2023 | 518.00 Mn |
| Dec 31, 2022 | 537.00 Mn |
| Sep 30, 2022 | 571.00 Mn |
| Jun 30, 2022 | 550.00 Mn |
| Mar 31, 2022 | 534.00 Mn |
| Dec 31, 2021 | 481.00 Mn |
| Sep 30, 2021 | 510.00 Mn |
| Jun 30, 2021 | 494.00 Mn |
| Mar 31, 2021 | 472.00 Mn |
| Dec 31, 2020 | 506.00 Mn |
| Sep 30, 2020 | 477.00 Mn |
| Jun 30, 2020 | 447.00 Mn |
| Mar 31, 2020 | 475.00 Mn |
| Dec 31, 2019 | 481.00 Mn |