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Corning Inc  (GLW)
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    Sector  Technology    Industry Communications Equipment
 

Corning Inc's Annual Operating Margin

Five Year Trends




GLW Annual Operating Margin

(Dec 31 2023)
(Dec 31 2022)
(Dec 31 2021)
(Dec 31 2020)
(Dec 31 2019)
Y / Y Revenue Growth -11.28 % 0.76 % 24.59 % -1.74 % 1.89 %
Y / Y Operating Income Growth -38.11 % -31.91 % 314.93 % -61.03 % -17.08 %
Annual Operating Margin 7.07 % 10.13 % 15 % 4.5 % 11.35 %


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Annual Operating Margin Comment

Corning Inc experienced contraction in Operating Income by -38.11 % to 12,588 $ millions and Revenue by -11.28 %, while Annual Operating Margin fell to 7.07 %.



Companies with similar Annual Operating Margin in the Fiscal Year ending Dec 31 2023, within Communications Equipment Industry Annual Operating MarginDec 31 2023 FY Operating IncomeDec 31 2023 FY Revenue
Napco Security Technologies inc  17.92 %$ 30.325 $ 169.233 
Esco Technologies inc   13.56 %$ 129.593 $ 956.033 
Belden Inc   12.64 %$ 317.518 $ 2,512.084 
Iridium Communications Inc   10.32 %$ 81.628 $ 790.723 
Corning Inc  7.07 %$ 890.000 $ 12,588.000 





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