Corning (GLW) Restructuring Costs (2009 - 2020)
Corning (GLW) posted quarterly Restructuring Costs of $7.0 million for Q4 2020, down 81.58% year-over-year from $38.0 million in Q1 2020, and up 16.67% quarter-over-quarter from $6.0 million in Q3 2020.
Corning (GLW) Restructuring Costs (2009 - 2020) Analysis & Trends
Corning's Restructuring Costs history runs 7 years deep, the most recent figure standing at $7.0 million for Q4 2020.
- In Q4 2020, Restructuring Costs fell 81.58% year-over-year to $7.0 million; the TTM figure through Dec 2020 stood at $148.0 million (up 138.71% YoY), while the FY2020 annual figure was $148.0 million, up 134.92% from the prior year.
- Restructuring Costs for Q4 2020 stood at $7.0 million, up from $6.0 million in the prior quarter.
- The five-year high for Restructuring Costs was $80.0 million in Q1 2016, with the low at -$2.0 million in Q2 2016.
- The 3-year median for Restructuring Costs is $12.5 million (2019), against an average of $28.8 million.
- Peak annual rise in Restructuring Costs reached 8100.0% in 2016, while the deepest fall reached 166.67% in 2016.
- Corning's Restructuring Costs stood at -$1.0 million in 2016, then soared by 3900.0% to $38.0 million in 2019, then tumbled by 81.58% to $7.0 million in 2020.
- Business Quant data shows GLW's Restructuring Costs at $7.0 million in Q4 2020, $6.0 million in Q3 2020, and $58.0 million in Q2 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amphenol | 379.86 Bn | 373.75 Bn | 3.55 Bn |
| 2 | Corning | 130.57 Bn | 128.07 Bn | 1.63 Bn |
| 3 | TE Connectivity | 58.60 Bn | 57.36 Bn | 1.84 Bn |
| 4 | Flex | 40.47 Bn | 37.63 Bn | 747.00 Mn |
| 5 | Celestica | 34.26 Bn | 33.73 Bn | 577.50 Mn |
| 6 | Jabil | 33.31 Bn | 31.95 Bn | 828.00 Mn |
| 7 | Fabrinet | 15.88 Bn | 15.01 Bn | 158.05 Mn |
| 8 | Ttm Technologies | 11.94 Bn | 11.43 Bn | 211.86 Mn |
| 9 | Littelfuse | 10.48 Bn | 9.85 Bn | 306.06 Mn |
| 10 | Sanmina | 10.30 Bn | 8.45 Bn | 363.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 7.00 Mn |
| Sep 30, 2020 | 6.00 Mn |
| Jun 30, 2020 | 58.00 Mn |
| Mar 31, 2020 | 77.00 Mn |
| Dec 31, 2019 | 38.00 Mn |
| Sep 30, 2019 | 18.00 Mn |
| Jun 30, 2019 | 7.00 Mn |
| Dec 31, 2016 | -1.00 Mn |
| Jun 30, 2016 | -2.00 Mn |
| Mar 31, 2016 | 80.00 Mn |
| Jun 30, 2015 | 3.00 Mn |
| Mar 31, 2015 | -1.00 Mn |
| Dec 31, 2014 | 20.00 Mn |
| Sep 30, 2014 | 3.00 Mn |
| Jun 30, 2014 | 34.00 Mn |
| Mar 31, 2014 | 17.00 Mn |
| Dec 31, 2010 | -332.00 Mn |
| Sep 30, 2010 | 1.00 Mn |
| Mar 31, 2010 | -2.00 Mn |
| Dec 31, 2009 | 53.00 Mn |