Corning Inc (GLW)
38.75
+1.50
(+4.03%)
USD |
NYSE |
Jun 17, 16:00
39.25
+0.50
(+1.29%)
Pre-Market: 09:22
Corning Gross Profit Margin (Quarterly): 33.38% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 33.38% |
| December 31, 2023 | 30.43% |
| September 30, 2023 | 31.64% |
| June 30, 2023 | 31.24% |
| March 31, 2023 | 31.56% |
| December 31, 2022 | 26.86% |
| September 30, 2022 | 30.45% |
| June 30, 2022 | 34.47% |
| March 31, 2022 | 34.86% |
| December 31, 2021 | 34.58% |
| September 30, 2021 | 36.54% |
| June 30, 2021 | 37.56% |
| March 31, 2021 | 35.14% |
| December 31, 2020 | 36.21% |
| September 30, 2020 | 33.36% |
| June 30, 2020 | 29.52% |
| March 31, 2020 | 23.46% |
| December 31, 2019 | 30.32% |
| September 30, 2019 | 34.66% |
| June 30, 2019 | 36.22% |
| March 31, 2019 | 39.08% |
| December 31, 2018 | 39.60% |
| September 30, 2018 | 40.96% |
| June 30, 2018 | 39.02% |
| March 31, 2018 | 38.20% |
| Date | Value |
|---|---|
| December 31, 2017 | 39.14% |
| September 30, 2017 | 40.28% |
| June 30, 2017 | 39.53% |
| March 31, 2017 | 40.04% |
| December 31, 2016 | 40.67% |
| September 30, 2016 | 41.52% |
| June 30, 2016 | 40.30% |
| March 31, 2016 | 37.32% |
| December 31, 2015 | 38.41% |
| September 30, 2015 | 39.26% |
| June 30, 2015 | 41.61% |
| March 31, 2015 | 41.02% |
| December 31, 2014 | 41.43% |
| September 30, 2014 | 42.87% |
| June 30, 2014 | 41.58% |
| March 31, 2014 | 40.85% |
| December 31, 2013 | 39.37% |
| September 30, 2013 | 43.59% |
| June 30, 2013 | 44.55% |
| March 31, 2013 | 42.45% |
| December 31, 2012 | 37.19% |
| September 30, 2012 | 43.62% |
| June 30, 2012 | 42.35% |
| March 31, 2012 | 42.92% |
| December 31, 2011 | 44.25% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
23.46%
Minimum
Mar 2020
37.56%
Maximum
Jun 2021
32.62%
Average
33.37%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Allient Inc | 32.29% |
| Data I/O Corp | 52.80% |
| LGL Group Inc | 47.96% |
| Vuzix Corp | -2.66% |
| M-Tron Industries Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 5.20% |
| Return on Assets | 2.16% |
| Return on Invested Capital | 3.20% |
| Profit Margin (Quarterly) | 7.03% |
| Operating Margin (Quarterly) | 8.54% |
| Return on Net Operating Assets | 2.73% |