Calculation
Net profit margin | = | 100 | × | Net income (loss) attributable to Corning Incorporated1 | ÷ | Net sales1 | |
---|---|---|---|---|---|---|---|
Dec 31, 2023 | 4.62% | = | 100 | × | 581) | ÷ | 12,588) |
Dec 31, 2022 | 9.27% | = | 100 | × | 1,316) | ÷ | 14,189) |
Dec 31, 2021 | 13.54% | = | 100 | × | 1,906) | ÷ | 14,082) |
Dec 31, 2020 | 4.53% | = | 100 | × | 512) | ÷ | 11,303) |
Dec 31, 2019 | 8.35% | = | 100 | × | 960) | ÷ | 11,503) |
Dec 31, 2018 | 9.44% | = | 100 | × | 1,066) | ÷ | 11,290) |
Dec 31, 2017 | -4.91% | = | 100 | × | (497) | ÷ | 10,116) |
Dec 31, 2016 | 39.35% | = | 100 | × | 3,695) | ÷ | 9,390) |
Dec 31, 2015 | 14.70% | = | 100 | × | 1,339) | ÷ | 9,111) |
Dec 31, 2014 | 25.45% | = | 100 | × | 2,472) | ÷ | 9,715) |
Dec 31, 2013 | 25.08% | = | 100 | × | 1,961) | ÷ | 7,819) |
Dec 31, 2012 | 21.57% | = | 100 | × | 1,728) | ÷ | 8,012) |
Dec 31, 2011 | 35.55% | = | 100 | × | 2,805) | ÷ | 7,890) |
Dec 31, 2010 | 53.65% | = | 100 | × | 3,558) | ÷ | 6,632) |
Dec 31, 2009 | 37.22% | = | 100 | × | 2,008) | ÷ | 5,395) |
Dec 31, 2008 | 88.38% | = | 100 | × | 5,257) | ÷ | 5,948) |
Dec 31, 2007 | 36.69% | = | 100 | × | 2,150) | ÷ | 5,860) |
Dec 31, 2006 | 35.85% | = | 100 | × | 1,855) | ÷ | 5,174) |
Dec 31, 2005 | 12.78% | = | 100 | × | 585) | ÷ | 4,579) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Corning Inc. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Super Micro Computer Inc. | |
---|---|---|---|---|---|
Dec 31, 2023 | 4.62% | 25.31% | 35.62% | 22.13% | 8.98% |
Dec 31, 2022 | 9.27% | 25.31% | 30.87% | 22.91% | 5.49% |
Dec 31, 2021 | 13.54% | 25.88% | 28.52% | 21.26% | 3.14% |
Dec 31, 2020 | 4.53% | 20.91% | 27.38% | 22.75% | 2.52% |
Dec 31, 2019 | 8.35% | 21.24% | 35.67% | 22.39% | 2.05% |
Dec 31, 2018 | 9.44% | 22.41% | 15.25% | 0.22% | 1.37% |
Dec 31, 2017 | -4.91% | 21.09% | 25.71% | 20.02% | 2.69% |
Dec 31, 2016 | 39.35% | 21.19% | 16.31% | 21.81% | 3.25% |
Dec 31, 2015 | 14.70% | 22.85% | 14.46% | 18.27% | 5.12% |
Dec 31, 2014 | 25.45% | 21.61% | 14.87% | 16.66% | 3.69% |
Dec 31, 2013 | 25.08% | 21.67% | — | 20.54% | 1.83% |
Dec 31, 2012 | 21.57% | 26.67% | — | 17.46% | 2.94% |
Dec 31, 2011 | 35.55% | 23.95% | — | 15.02% | 4.27% |
Dec 31, 2010 | 53.65% | 21.48% | — | 19.40% | 3.73% |
Dec 31, 2009 | 37.22% | 15.61% | — | 16.98% | 3.19% |
Dec 31, 2008 | 88.38% | 14.88% | — | 20.36% | 4.70% |
Dec 31, 2007 | 36.69% | 14.56% | — | 21.00% | 4.60% |
Dec 31, 2006 | 35.85% | 10.30% | — | 19.59% | — |
Dec 31, 2005 | 12.78% | 9.58% | — | 23.15% | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Technology Hardware & Equipment)
Corning Inc., net profit margin, long-term trends, comparison to sector (technology hardware & equipment)
Corning Inc. | Technology Hardware & Equipment | |
---|---|---|
Dec 31, 2023 | 4.62% | 24.78% |
Dec 31, 2022 | 9.27% | 24.87% |
Dec 31, 2021 | 13.54% | 25.16% |
Dec 31, 2020 | 4.53% | 21.05% |
Dec 31, 2019 | 8.35% | 21.32% |
Dec 31, 2018 | 9.44% | 18.73% |
Dec 31, 2017 | -4.91% | 20.77% |
Dec 31, 2016 | 39.35% | 21.13% |
Dec 31, 2015 | 14.70% | 21.91% |
Dec 31, 2014 | 25.45% | 20.48% |
Dec 31, 2013 | 25.08% | 21.32% |
Dec 31, 2012 | 21.57% | 24.46% |
Dec 31, 2011 | 35.55% | 21.29% |
Dec 31, 2010 | 53.65% | 20.58% |
Dec 31, 2009 | 37.22% | 16.20% |
Dec 31, 2008 | 88.38% | 17.79% |
Dec 31, 2007 | 36.69% | 18.28% |
Dec 31, 2006 | 35.85% | 15.84% |
Dec 31, 2005 | 12.78% | 18.27% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Corning Inc. | Information Technology | |
---|---|---|
Dec 31, 2023 | 4.62% | 22.04% |
Dec 31, 2022 | 9.27% | 23.93% |
Dec 31, 2021 | 13.54% | 25.58% |
Dec 31, 2020 | 4.53% | 21.38% |
Dec 31, 2019 | 8.35% | 22.17% |
Dec 31, 2018 | 9.44% | 18.52% |
Dec 31, 2017 | -4.91% | 17.73% |
Dec 31, 2016 | 39.35% | 17.62% |
Dec 31, 2015 | 14.70% | 18.36% |
Dec 31, 2014 | 25.45% | 19.35% |
Dec 31, 2013 | 25.08% | 20.15% |
Dec 31, 2012 | 21.57% | 19.92% |
Dec 31, 2011 | 35.55% | 20.53% |
Dec 31, 2010 | 53.65% | 20.21% |
Dec 31, 2009 | 37.22% | 14.58% |
Dec 31, 2008 | 88.38% | 15.26% |
Dec 31, 2007 | 36.69% | 15.84% |
Dec 31, 2006 | 35.85% | 16.26% |
Dec 31, 2005 | 12.78% | 16.67% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).