Corning (GLW) Raw Materials (2010 - 2024)
Corning's Raw Materials was $457 million in Q3 2024, down 4.6% from $479 million a year earlier but up 7.3% from the prior quarter.
Analysis
Corning (GLW) Raw Materials (2010 - 2024) Analysis & Trends
At the end of FY2023, Raw Materials at Corning came in at $445 million, down 17.1% from FY2022.
- Raw Materials shows a five-year compound annual growth rate of 1.7% (FY2018 to FY2023).
- In earlier years, Raw Materials was $537 million in FY2022 (+11.6%), $481 million in FY2021 (-4.9%), $506 million in FY2020 (+5.2%) and $481 million in FY2019 (+17.6%).
- Quarterly Raw Materials has moved between $426 million (Q2 2024) and $571 million (Q3 2022) over five years.
- Compared with a year earlier, Raw Materials has declined for seven straight quarters, with an average decline of 8.3% over the last eight quarters.
- The best year-over-year quarter for Raw Materials over five years was Q4 2019 (growth of 17.6%); the worst was Q2 2024 (a decline of 17.3%).
- Per Business Quant data, GLW's Raw Materials in the three quarters before Q3 2024 was $426 million (Q2 2024), $446 million (Q1 2024) and $445 million (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 232.92 Bn | 214.50 Bn | 4.43 Bn |
| 2 | Corning | 114.46 Bn | 107.03 Bn | 1.63 Bn |
| 3 | Sherwin Williams | 80.97 Bn | 80.01 Bn | 3.34 Bn |
| 4 | Air Products & Chemicals | 66.60 Bn | 61.78 Bn | 1.04 Bn |
| 5 | LyondellBasell Industries | 41.19 Bn | 30.70 Bn | 2.04 Bn |
| 6 | Nutrien | 33.79 Bn | 30.61 Bn | 3.25 Bn |
| 7 | Ati | 25.83 Bn | 23.86 Bn | 309.80 Mn |
| 8 | Qnity Electronics | 24.96 Bn | 22.09 Bn | 666.00 Mn |
| 9 | Ppg Industries | 23.98 Bn | 16.63 Bn | 1.81 Bn |
| 10 | International Flavors & Fragrances | 23.16 Bn | 20.82 Bn | 853.00 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 |
API Access
Corning Raw Materials 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=raw-materials&ticker=GLW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "raw-materials", "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=raw-materials&ticker=GLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();