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Corning Inc  (GLW)
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    Sector  Technology    Industry Communications Equipment
 

Corning Inc's Annual Effective Tax Rate

Five Year Trends




GLW Annual Effective Tax Rate

(Dec 31 2020)
(Dec 31 2019)
(Dec 31 2018)
(Dec 31 2017)
(Dec 31 2016)
Y / Y Annual Pre-Tax Income Growth -48.77 % -19.1 % -9.29 % -55.12 % 148.45 %
Y / Y Annual Income taxes expenses / -benefit Growth -56.64 % -41.42 % -79.71 % - -
Annual Effective Tax Rate 17.82 % 21.05 % 29.08 % - -


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Annual Effective Tax Rate Comment
Corning Inc's effective tax rate in (Dec 31 2020) decreased compare to previous year to 17.82 % from 21.05 % a year ago.
GLW payed income tax of $111 millions of dollars in (Dec 31 2020) and $256 millions one year before.



Companies with similar Annual Effective Tax Rate in the Fiscal Year ending Dec 31 2020, within Communications Equipment Industry Annual Effective Tax RateDec 31 2020 FY Annual Income taxes expenses / -benefitDec 31 2020 FY Annual Pre-Tax Income
George Risk Industries Inc   42.10 %$ 1.122 $ 2.665 
Esco Technologies inc   35.96 %$ 14.278 $ 39.700 
Ericsson Lm Telephone Co  35.24 %$ 1,030.818 $ 2,925.290 
Audiocodes ltd  25.65 %$ 9.399 $ 36.647 
Comtech Telecommunications Corp  24.60 %$ 2.290 $ 9.310 
Napco Security Technologies inc  21.14 %$ 2.284 $ 10.804 
Ciena Corp  20.76 %$ 94.670 $ 455.961 
Amphenol Corporation  20.52 %$ 313.300 $ 1,526.600 
Clearfield Inc   20.34 %$ 1.862 $ 9.155 
Franklin Wireless Corp  18.91 %$ 1.380 $ 7.299 
Motorola Solutions inc   18.82 %$ 221.000 $ 1,174.000 
Corning Inc  17.82 %$ 111.000 $ 623.000 
Netgear Inc   17.67 %$ 12.510 $ 70.803 
L3harris Technologies Inc   14.38 %$ 160.000 $ 1,113.000 
Lumentum Holdings Inc   11.13 %$ 38.800 $ 348.600 
Qualcomm Inc  9.11 %$ 521.000 $ 5,719.000 
Fabrinet  4.83 %$ 5.763 $ 119.242 



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