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Corning Inc's Pre-Tax Profit Margin by quarter
Trends, Rankings, Statistics
Select the Comparisons :
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Select the Ratio:
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GLW Pre-Tax 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 |
Pre-Tax Profit Margin |
5.29 % |
9.95 % |
-1.27 % |
6.84 % |
12.61 % |
Pre-Tax Profit Margin Total
Ranking |
# 1624 |
# 1288 |
# |
# 1838 |
# 1390 |
Pre-Tax Income In Millions |
$172.00 |
$296.00 |
$-38.00 |
$217.00 |
$409.00 |
Y / Y Pre-Tax Income Change |
-57.95 % |
29.82 % |
- |
-16.54 % |
-45.47 % |
Seq. Pre-Tax Income Change |
-41.89 % |
- |
- |
-46.94 % |
79.39 % |
Commenting Second Quarter 2024 Pre-Tax Profit Margin |
Company's Pre-Tax Profit Margin sequentially deteriorated to 5.29 % due to increase in Total Costs and despite Revenue increase of 9.28 % to $3,251 millions.
Company's Pre-Tax 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 Pre-Tax Profit Margin. While Pre-Tax Profit Margin overall ranking has deteriorated compare to previous quarter from 1288 to 1624.
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GLW's Pre-Tax Profit Margin second quarter 2024 Company Ranking |
Within: |
No. |
Communications Equipment Industry |
# 5 |
Technology Sector |
# 179 |
Overall |
# 1622 |
Pre-Tax Profit Margin Statistics |
High |
Average |
Low |
151.68 % |
25.15 % |
0.6 % |
(Dec 31 2016) |
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(Dec 31 2019) |
Companies with similar Pre-Tax Profit Margin in the quarter ending Jun 30 2024, within Communications Equipment Industry | Pre-Tax Profit Margin | Jun 30 2024 MRQ Pre-Tax Income | Jun 30 2024 MRQ Revenue | Esco Technologies inc | 14.25 % | $ 37.172 Millions | $ 260.783 Millions | Belden Inc | 9.95 % | $ 60.125 Millions | $ 604.336 Millions | Iridium Communications Inc | 9.55 % | $ 19.203 Millions | $ 201.067 Millions | Corning Inc | 5.29 % | $ 172.000 Millions | $ 3,251.000 Millions | Inseego Corp | 1.58 % | $ 0.930 Millions | $ 59.040 Millions |
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