Stock Analysis on Net
Stock Analysis on Net

Corning Inc. (NYSE:GLW)

This company has been moved to the archive! The financial data has not been updated since May 2, 2024.

Total Asset Turnover 
since 2005

Microsoft Excel

Calculation

Corning Inc., total asset turnover, long-term trends, calculation

Microsoft Excel
Total asset turnover = Net sales1 ÷ Total assets1
Dec 31, 2023 0.44 = 12,588 ÷ 28,500
Dec 31, 2022 0.48 = 14,189 ÷ 29,499
Dec 31, 2021 0.47 = 14,082 ÷ 30,154
Dec 31, 2020 0.37 = 11,303 ÷ 30,775
Dec 31, 2019 0.40 = 11,503 ÷ 28,898
Dec 31, 2018 0.41 = 11,290 ÷ 27,505
Dec 31, 2017 0.37 = 10,116 ÷ 27,494
Dec 31, 2016 0.34 = 9,390 ÷ 27,899
Dec 31, 2015 0.32 = 9,111 ÷ 28,547
Dec 31, 2014 0.32 = 9,715 ÷ 30,063
Dec 31, 2013 0.27 = 7,819 ÷ 28,478
Dec 31, 2012 0.27 = 8,012 ÷ 29,375
Dec 31, 2011 0.28 = 7,890 ÷ 27,848
Dec 31, 2010 0.26 = 6,632 ÷ 25,833
Dec 31, 2009 0.25 = 5,395 ÷ 21,295
Dec 31, 2008 0.31 = 5,948 ÷ 19,256
Dec 31, 2007 0.39 = 5,860 ÷ 15,215
Dec 31, 2006 0.40 = 5,174 ÷ 13,065
Dec 31, 2005 0.41 = 4,579 ÷ 11,207

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., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel
Corning Inc. Apple Inc. Arista Networks Inc. Cisco Systems Inc. Super Micro Computer Inc.
Dec 31, 2023 0.44 1.09 0.59 0.56 1.94
Dec 31, 2022 0.48 1.12 0.65 0.55 1.62
Dec 31, 2021 0.47 1.04 0.51 0.51 1.59
Dec 31, 2020 0.37 0.85 0.49 0.52 1.74
Dec 31, 2019 0.40 0.77 0.58 0.53 2.08
Dec 31, 2018 0.41 0.73 0.70 0.45 1.90
Dec 31, 2017 0.37 0.61 0.67 0.37 1.64
Dec 31, 2016 0.34 0.67 0.65 0.40 1.90
Dec 31, 2015 0.32 0.80 0.72 0.43 1.83
Dec 31, 2014 0.32 0.79 0.72 0.45 1.84
Dec 31, 2013 0.27 0.83 — 0.48 1.84
Dec 31, 2012 0.27 0.89 — 0.50 1.72
Dec 31, 2011 0.28 0.93 — 0.50 2.03
Dec 31, 2010 0.26 0.87 — 0.49 1.95
Dec 31, 2009 0.25 0.68 — 0.53 1.79
Dec 31, 2008 0.31 0.82 — 0.67 2.04
Dec 31, 2007 0.39 0.95 — 0.65 2.04
Dec 31, 2006 0.40 1.12 — 0.66 —
Dec 31, 2005 0.41 1.21 — 0.73 —

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., total asset turnover, long-term trends, comparison to sector (technology hardware & equipment)

Microsoft Excel
Corning Inc. Technology Hardware & Equipment
Dec 31, 2023 0.44 0.97
Dec 31, 2022 0.48 1.00
Dec 31, 2021 0.47 0.92
Dec 31, 2020 0.37 0.77
Dec 31, 2019 0.40 0.72
Dec 31, 2018 0.41 0.67
Dec 31, 2017 0.37 0.55
Dec 31, 2016 0.34 0.60
Dec 31, 2015 0.32 0.70
Dec 31, 2014 0.32 0.69
Dec 31, 2013 0.27 0.71
Dec 31, 2012 0.27 0.76
Dec 31, 2011 0.28 0.75
Dec 31, 2010 0.26 0.68
Dec 31, 2009 0.25 0.60
Dec 31, 2008 0.31 0.74
Dec 31, 2007 0.39 0.75
Dec 31, 2006 0.40 0.79
Dec 31, 2005 0.41 0.85

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., total asset turnover, long-term trends, comparison to industry (information technology)

Microsoft Excel
Corning Inc. Information Technology
Dec 31, 2023 0.44 0.59
Dec 31, 2022 0.48 0.63
Dec 31, 2021 0.47 0.61
Dec 31, 2020 0.37 0.57
Dec 31, 2019 0.40 0.58
Dec 31, 2018 0.41 0.59
Dec 31, 2017 0.37 0.51
Dec 31, 2016 0.34 0.55
Dec 31, 2015 0.32 0.63
Dec 31, 2014 0.32 0.64
Dec 31, 2013 0.27 0.65
Dec 31, 2012 0.27 0.70
Dec 31, 2011 0.28 0.73
Dec 31, 2010 0.26 0.72
Dec 31, 2009 0.25 0.70
Dec 31, 2008 0.31 0.79
Dec 31, 2007 0.39 0.76
Dec 31, 2006 0.40 0.75
Dec 31, 2005 0.41 0.77

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).