Corning GLW
NYSE GLW
$168.48 +2.52 (+1.52%)
As of: Sep 9, 2026 · 3:59 PM EDT

Corning (GLW) Restructuring Costs (2009 - 2020)

Corning's (GLW) quarterly Restructuring Costs came in at $7.0 million in Q4 2020, down 81.58% on a YoY basis from $38.0 million in Q1 2020, and up 16.67% quarter-over-quarter from $6.0 million in Q3 2020.

Analysis

Corning (GLW) Restructuring Costs (2009 - 2020) Analysis & Trends

Corning (GLW) has reported Restructuring Costs for 7 consecutive years, with $7.0 million the latest figure, recorded in Q4 2020.

  • For the quarter ending Q4 2020, Restructuring Costs fell 81.58% year-over-year to $7.0 million; the trailing twelve-month figure through Dec 2020 stood at $148.0 million (up 138.71% YoY), and the FY2020 full-year result was $148.0 million, up 134.92% from the prior year.
  • Restructuring Costs rose to $7.0 million in Q4 2020 per GLW's latest filing, from $6.0 million in the prior quarter.
  • Across five years, Restructuring Costs topped out at $80.0 million in Q1 2016 and bottomed at -$2.0 million in Q2 2016.
  • Historically, Restructuring Costs has averaged $28.8 million across 3 years, with a median of $12.5 million in 2019.
  • The widest YoY moves for Restructuring Costs: up 8100.0% in 2016, down 166.67% in 2016.
  • Over 3 years, Restructuring Costs stood at -$1.0 million in 2016, then surged by 3900.0% to $38.0 million in 2019, then sank by 81.58% to $7.0 million in 2020.
  • According to Business Quant data, Restructuring Costs over the past three periods registered $7.0 million, $6.0 million, and $58.0 million for Q4 2020, Q3 2020, and Q2 2020 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Corning 145.18 Bn 142.67 Bn 1.63 Bn
2 Ati 28.28 Bn 27.50 Bn 309.80 Mn
3 Qnity Electronics 26.28 Bn 25.32 Bn 666.00 Mn
4 International Flavors & Fragrances 21.50 Bn 20.93 Bn 853.00 Mn
5 DuPont de Nemours 17.40 Bn 15.66 Bn 639.00 Mn
6 Avery Dennison 12.97 Bn 12.74 Bn 729.40 Mn
7 Solstice Advanced Materials 10.03 Bn 9.28 Bn 370.00 Mn
8 Element Solutions 8.73 Bn 8.54 Bn 334.00 Mn
9 Eastman Chemical 7.82 Bn 7.13 Bn 560.00 Mn
10 Hexcel 6.84 Bn 6.78 Bn 138.10 Mn
Historic Data

Historic Data

Download Data
DateValue
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