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Corning Inc  (GLW)
Other Ticker:  
 
    Sector  Technology    Industry Communications Equipment


Corning Inc's Pre-Tax Profit Margin by quarter

Trends, Rankings, Statistics



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.

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)   (Dec 31 2019)




Other Pre-Tax Profit Margin Profitability Ratios
GLW's Cumulative Pre-Tax Profit Margin
Communications Equipment Industry Pre-Tax Profit Margin Trends and Statistics
Technology Sector Pre-Tax Profit Margin Statistics
Pre-Tax Profit Margin Profitability Trends for overall market
GLW's Pre-Tax Profit Margin Profitability versus Communications Equipment Industry, Technology Sector and total Market
Highest Ranking Pre-Tax Profit Margin
Lowest Ranking Pre-Tax Profit Margin
Pre-Tax Profit Margin Profit Margin for GLW's Competitors
Pre-Tax Profit Margin Profit Margin for Corning Inc's Suppliers
Pre-Tax Profit Margin Profit Margin for GLW's Customers

You may also want to know
GLW's Annual Growth Rates GLW's Profitability Ratios GLW's Asset Turnover Ratio GLW's Dividend Growth
GLW's Roe GLW's Valuation Ratios GLW's Financial Strength Ratios GLW's Pre-Tax Income Growth
GLW's Roa GLW's Inventory Turnover Ratio GLW's Growth Rates GLW's Dividend Comparisons


Companies with similar Pre-Tax Profit Margin in the quarter ending Jun 30 2024, within Communications Equipment Industry Pre-Tax Profit MarginJun 30 2024 MRQ Pre-Tax IncomeJun 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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