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
Download Data
Historic 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 |