Corning (GLW) Work In Process (2010 - 2024)
Corning's Work In Process was $566 million in Q3 2024, up 10.3% from $513 million a year earlier and up 3.7% from the prior quarter.
Analysis
Corning (GLW) Work In Process (2010 - 2024) Analysis & Trends
At the end of FY2023, Work In Process at Corning came in at $551 million, down 3.5% from FY2022.
- Work In Process shows a five-year compound annual growth rate of 7.4% (FY2018 to FY2023).
- In earlier years, Work In Process was $571 million in FY2022 (+59.5%), $358 million in FY2021 (unchanged), $358 million in FY2020 (-15.0%) and $421 million in FY2019 (+9.1%).
- The Q3 2024 figure marks the highest quarterly Work In Process since Q1 2023.
- Compared with a year earlier, Work In Process was higher in five of the last eight quarters, with growth averaging 18.9%.
- The best year-over-year quarter for Work In Process over five years was Q4 2022 (growth of 59.5%); the worst was Q1 2021 (a decline of 19.4%).
- Per Business Quant data, GLW's Work In Process in the three quarters before Q3 2024 was $546 million (Q2 2024), $555 million (Q1 2024) and $551 million (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn |
| 10 | Ppg Industries | 23.77 Bn | 16.57 Bn | 1.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 566.00 Mn |
| Jun 30, 2024 | 546.00 Mn |
| Mar 31, 2024 | 555.00 Mn |
| Dec 31, 2023 | 551.00 Mn |
| Sep 30, 2023 | 513.00 Mn |
| Jun 30, 2023 | 553.00 Mn |
| Mar 31, 2023 | 607.00 Mn |
| Dec 31, 2022 | 571.00 Mn |
| Sep 30, 2022 | 507.00 Mn |
| Jun 30, 2022 | 410.00 Mn |
| Mar 31, 2022 | 383.00 Mn |
| Dec 31, 2021 | 358.00 Mn |
| Sep 30, 2021 | 339.00 Mn |
| Jun 30, 2021 | 340.00 Mn |
| Mar 31, 2021 | 348.00 Mn |
| Dec 31, 2020 | 358.00 Mn |
| Sep 30, 2020 | 370.00 Mn |
| Jun 30, 2020 | 408.00 Mn |
| Mar 31, 2020 | 432.00 Mn |
| Dec 31, 2019 | 421.00 Mn |
API Access
Corning Work In Process 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=work-in-process&ticker=GLW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=GLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();