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

GLW's Capital Expenditures Growth by Quarter and Year

Corning Inc's Capital Expenditures results by quarter and year




GLW Capital Expenditures (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter December - 279.00 403.00 623.00
III Quarter September - 341.00 465.00 401.00
II Quarter June 242.00 388.00 353.00 324.00
I Quarter March 252.00 382.00 383.00 289.00
FY   494.00 1,390.00 1,604.00 1,637.00



GLW Capital Expenditures second quarter 2024 Y/Y Growth Comment
Corning Inc reported fall in Capital Expenditures in the second quarter 2024 by -37.63% to $ 242.00 millions, from the same quarter in 2023.
The drop in the second quarter 2024 Corning Inc's Capital Expenditures compares unfavorably to the Company's average Capital Expenditures growth of 6.36%.

Looking into second quarter 2024 results within Communications Equipment industry 6 other companies have achieved higher Capital Expenditures growth. While Corning Inc' s Capital Expenditures drop of -37.63% ranks overall at the positon no. 1943 in the second quarter 2024.




GLW Capital Expenditures ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter December - -30.77 % -35.31 % 59.34 %
III Quarter September - -26.67 % 15.96 % 162.09 %
II Quarter June -37.63 % 9.92 % 8.95 % 12.5 %
I Quarter March -34.03 % -0.26 % 32.53 % -46.97 %
FY   - -13.34 % -2.02 % 18.88 %

Financial Statements
Corning Inc's second quarter 2024 Capital Expenditures $ 242.00 millions GLW's Income Statement
Corning Inc's second quarter 2023 Capital Expenditures $ 388.00 millions Quarterly GLW's Income Statement
New: More GLW's historic Capital Expenditures Growth >>


GLW Capital Expenditures (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter December - -18.18 % -13.33 % 55.36 %
III Quarter September - -12.11 % 31.73 % 23.77 %
II Quarter June -3.97 % 1.57 % -7.83 % 12.11 %
I Quarter March -9.68 % -5.21 % -38.52 % -26.09 %
FY (Year on Year)   - -13.34 % -2.02 % 18.88 %




Capital Expenditures second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Communications Equipment Industry #7
Technology Sector #304
Overall #1943

Capital Expenditures Y/Y Growth Statistics
High Average Low
232.04 % 6.36 % -100 %
(June 30. 2011)   (Dec 31 2011)
Capital Expenditures second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Communications Equipment Industry #7
Technology Sector #304
Overall #1943
Capital Expenditures Y/Y Growth Statistics
High Average Low
232.04 % 6.36 % -100 %
(June 30. 2011)   (Dec 31 2011)

Capital Expenditures by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Corning Inc's Q/Q Capital Expenditures Growth


Capital Expenditures Q/Q Growth Statistics
High Average Low
155.56 % 4.27 % -100 %
(Dec 31 2020)  


GLW's II. Quarter Q/Q Capital Expenditures Comment
In the II. Quarter 2024 Corning Inc disclosed fall in Capital Expenditures sequentially by -3.97% to $ 242.00 millions, from $ 252.00 millions achived in the previous reporting period.

Although seasonal factors normally elevate II. Quarter 2024 performance, this clearly could not be substantial to salvage Communications Equipment's company II. Quarter 2024 outcome, Sydney Walker, Communications Equipment industry observer pointed out.

Within Communications Equipment industry 4 other companies have achieved higher Capital Expenditures quarter on quarter growth. While Corning Inc's Capital Expenditures growth quarter on quarter, overall rank is 1539.


Capital Expenditures Q/Q Growth Company Ranking
Within: No.
Communications Equipment Industry #5
Technology Sector #244
Overall #1539
Capital Expenditures Q/Q Growth Company Ranking
Within: No.
Communications Equipment Industry #5
Technology Sector #244
Overall #1539
Capital Expenditures Q/Q Growth Statistics
High Average Low
155.56 % 4.27 % -100 %
(Dec 31 2020)  


GLW's II. Quarter Q/Q Capital Expenditures Comment
In the II. Quarter 2024 Corning Inc reported fall in Capital Expenditures from the previous quarter by -3.97% to $ 242.00 millions, from $ 252.00 millions achived in the previous quarter.

Some seasonal circumstance which commonly energize II. Quarter 2024 results, have not salvage the II. Quarter for the Corning Inc, Sydney Walker, Communications Equipment industry observer wrote, she mentioned certan caution for the GLW's direction.

Within Communications Equipment industry 4 other companies have achieved higher Capital Expenditures quarter on quarter growth. While Corning Inc's Capital Expenditures growth quarter on quarter, overall rank is 1539.


Corning Inc's 12 Months Capital Expenditures Growth Year on Year


Capital Expenditures TTM Growth

12 Months Ending
(Jun 30 2024)
12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
Cumulative Capital Expenditures 12 Months Ending $ 1,114.00 $ 1,260.00 $ 1,390.00 $ 1,514.00 $ 1,638.00
Y / Y Capital Expenditures Growth (TTM) -31.99 % -21.4 % -13.34 % -17 % -6.93 %
Year on Year Capital Expenditures Growth Overall Ranking # 1005 # 447 # 217 # 107 # 425
Seqeuential Capital Expenditures Change (TTM) -11.59 % -9.35 % -8.19 % -7.57 % 2.18 %
Seq. Capital Expenditures Growth (TTM) Overall Ranking # 364 # 1056 # 1155 # 208 # 1426




Cumulative Capital Expenditures growth Comment
Corning Inc's cumulative 12 months Capital Expenditures continue to drop, but on the faster rate at -31.99% year on year, at Jun 30 2024 compare to the -21.4% decrease at Mar 31 2024. If the Corning Inc's fiscal year would end at Jun 30 2024, annual Capital Expenditures would be $1,114 millions.

In the Technology sector 129 other companies have achieved higher trailing twelve month Capital Expenditures growth. While Capital Expenditures growth total ranking has deteriorated compare to previous quarter from 447 to 1005.

Capital Expenditures TTM Q/Q Growth Statistics
High Average Low
982.95 %
26.99 %
-44.17 %
 

Capital Expenditures TTM Y/Y Growth Company Ranking
Within: No.
Communications Equipment Industry # 1
Technology Sector # 130
Overall # 1005

Capital Expenditures TTM Y/Y Growth Statistics
High Average Low
982.95 %
26.99 %
-44.17 %
 


Capital Expenditures TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 46
S&P 500 # 364
Cumulative Capital Expenditures growth Comment
Corning Inc's cumulative 12 months Capital Expenditures continue to drop, but on the faster rate at -31.99% year on year, at Jun 30 2024 compare to the -21.4% decrease at Mar 31 2024. If the Corning Inc's fiscal year would end at Jun 30 2024, annual Capital Expenditures would be $1,114 millions.

In the Technology sector 129 other companies have achieved higher trailing twelve month Capital Expenditures growth. While Capital Expenditures growth total ranking has deteriorated compare to previous quarter from 447 to 1005.

Capital Expenditures TTM Q/Q Growth Statistics
High Average Low
982.95 %
26.99 %
-44.17 %
 


Capital Expenditures TTM Y/Y Growth Company Ranking
Within: No.
Communications Equipment Industry # 1
Technology Sector # 130
Overall # 1005

Capital Expenditures TTM Y/Y Growth Statistics
High Average Low
982.95 %
26.99 %
-44.17 %
 


Capital Expenditures TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 46
S&P 500 # 364




Other Capital Expenditures Growth
Communications Equipment Industry Capital Expenditures Growth Trends and Statistics
Technology Sector Capital Expenditures Growth Statistics
Capital Expenditures Growth Trends for overall market
GLW's Capital Expenditures Growth Ratio versus Communications Equipment Industry, Technology Sector and total Market
Highest Ranking Capital Expenditures Growth
Lowest Ranking Capital Expenditures Growth
Capital Expenditures Growth for GLW's Competitors
Capital Expenditures Growth for Corning Inc's Suppliers
Capital Expenditures Growth 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 Dividend Payout Ratio
GLW's Roa GLW's Inventory Turnover Ratio GLW's Growth Rates GLW's Dividend Comparisons



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