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Corning Inc's Operating Profit Margin by quarter
Trends, Rankings, Statistics
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Select the Comparisons :
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Select the Ratio:
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Operating Profit Margin ▼
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Operating Profit Margin ▼
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| GLW Operating Profit Margin |
(Jun 30 2024)
Q2 |
(Mar 31 2024)
Q1 |
(Dec 31 2023)
Q4 |
(Sep 30 2023)
Q3 |
(Jun 30 2023)
Q2 |
| Y / Y Revenue Change |
0.25 % |
-6.39 % |
-12.1 % |
-9.03 % |
-10.29 % |
| Seq. Revenue Change |
9.28 % |
-0.63 % |
-5.64 % |
-2.16 % |
2.05 % |
| Revenue In Millions |
$3,251.00 |
$2,975.00 |
$2,994.00 |
$3,173.00 |
$3,243.00 |
| Operating Profit Margin |
5.72 % |
8.54 % |
2.61 % |
7.44 % |
8.6 % |
| Operating Profit Margin Total
Ranking |
# 1744 |
# 1504 |
# 2208 |
# 1955 |
# 1911 |
| Operating Income In Millions |
$186.00 |
$254.00 |
$78.00 |
$236.00 |
$279.00 |
| Y / Y Operating Income Change |
-33.33 % |
-14.48 % |
-9.3 % |
-19.18 % |
-43.06 % |
| Seq. Operating Income Change |
-26.77 % |
225.64 % |
-66.95 % |
-15.41 % |
-6.06 % |
| Commenting Second Quarter 2024 Operating Profit Margin |
Company's Operating Profit Margin sequentially deteriorated to 5.72 % due to increase in Operating Costs and despite Revenue increase of 9.28 % to $3,251 millions.
Company's Operating Profit Margin in II. Quarter, was lower than company average.
Observing second quarter 2024 results within Communications Equipment industry 4 other companies have achieved higher Operating Profit Margin. While Operating Profit Margin overall ranking has deteriorated compare to previous quarter from 1504 to 1744.
Explain Operating Margin
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| GLW's Operating Profit Margin second quarter 2024 Company Ranking |
| Within: |
No. |
| Communications Equipment Industry |
# 5 |
| Technology Sector |
# 168 |
| Overall |
# 1742 |
| Operating Profit Margin Statistics |
| High |
Average |
Low |
| 48.05 % |
15.74 % |
2.52 % |
| (March 31, 2008) |
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(Dec 31 2022) |
| Companies with similar Operating Profit Margin in the quarter ending Jun 30 2024, within Communications Equipment Industry | Operating Profit Margin | Jun 30 2024 MRQ Operating Income | Jun 30 2024 MRQ Revenue | | Esco Technologies inc | 15.43 % | $ 40.248 Millions | $ 260.783 Millions | | Belden Inc | 11.40 % | $ 68.912 Millions | $ 604.336 Millions | | Corning Inc | 5.72 % | $ 186.000 Millions | $ 3,251.000 Millions | | Inseego Corp | 3.98 % | $ 2.349 Millions | $ 59.040 Millions | | 1.92 % | $ 0.066 Millions | $ 3.431 Millions |
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