Corteva Inc

CTVA · NYSE · Basic Materials / Agricultural Inputs

9.43USD+0.24 (+2.61%)

Price History

Full chart

Market Stats

Previous Close9.19

Open9.11

Day Range9.01 – 9.50

52-Week Range9.14 – 14.62

Volume28.90M

Market Cap8.10B

P/E (TTM)7.49

Forward P/E4.37

EPS1.62

Dividend Yield5.93%

Beta0.58

50-Day Avg12.48

200-Day Avg12.14

About

Corteva, Inc. operates as a pure-play agriculture company in the United States, Canada, the Middle East, Africa, Europe, Latin America, and Asia. The company provides products that protect against weeds, insects, diseases, nematodes, and other pests, as well as supports crop health via nitrogen management and seed-applied technologies. Its crop protection solutions and digital solutions provide farmers tools to improve productivity and help keep fields free of weeds, insects, and diseases. The company offers herbicides, soybeans, cereals, fruits and vegetables, insecticides, nitrogen stabilizers, pasture, and a range management herbicides and biologicals and other nature-based products. The company was incorporated in 2018 and is headquartered in Indianapolis, Indiana.

Company Details

SectorBasic Materials
IndustryAgricultural Inputs
CEOMr. Luther Clarence Kissam IV
Employees21.50K
Headquarters9330 Zionsville Road, Indianapolis, IN, United States, 46268, USA
Websitehttps://www.corteva.com

Leadership

Mr. Luther Clarence Kissam IVCEO & Director · b. 1965
Mr. Jeffrey RudolphChief Financial Officer · b. 1983
Mr. Ralph FordChief Integrated Operations Officer
Mr. Reza Rasoulpour Ph.D.Chief Technology Officer
Ms. Karen G. Narwold Esq.Chief Legal and Public Affairs Officer & Corporate Secretary · b. 1960
Ms. Jen SloanChief People Officer
Ms. Brook CunninghamChief Commercial Officer · b. 1981

Financials

Income Statement

Currency: USD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	14.04B	14.24B	14.29B	13.85B	14.22B	15.65B	17.45B	17.23B	16.91B	17.40B
Growth (%)	-	+1.42%	+0.33%	-3.09%	+2.68%	+10.11%	+11.50%	-1.31%	-1.85%	+2.92%
Cost of Revenue	8.39B	8.40B	9.95B	8.57B	8.51B	9.22B	10.44B	10.06B	9.53B	9.17B
Gross Profit	5.65B	5.84B	4.34B	5.27B	5.71B	6.43B	7.02B	17.23B	7.38B	8.23B
Gross Margin	40.24%	41.00%	30.37%	38.07%	40.16%	41.11%	40.21%	100.00%	43.64%	47.29%
Operating Expense	4.76B	5.65B	4.79B	4.69B	4.87B	5.12B	5.09B	16.29B	5.28B	5.61B
Operating Income	886.00M	188.00M	-448.00M	584.00M	843.00M	1.32B	1.93B	941.00M	2.10B	2.62B
Operating Margin	6.31%	1.32%	-3.14%	4.22%	5.93%	8.41%	11.05%	5.46%	12.40%	15.05%
EBITDA	1.58B	1.24B	-3.68B	1.42B	1.90B	3.62B	2.73B	941.00M	2.73B	3.07B
EBITDA Margin	11.29%	8.73%	-25.75%	10.25%	13.34%	23.12%	15.63%	5.46%	16.18%	17.65%
Net Income	503.00M	2.53B	-5.07B	-959.00M	681.00M	1.76B	1.15B	735.00M	907.00M	1.09B
Net Income Margin	3.58%	17.79%	-35.45%	-6.93%	4.79%	11.24%	6.57%	4.27%	5.36%	6.29%
R&D	1.51B	1.51B	1.35B	1.15B	1.14B	1.19B	1.22B	1.34B	1.40B	1.47B
R&D as % of Total Revenue	10.73%	10.60%	9.48%	8.28%	8.03%	7.58%	6.97%	7.76%	8.29%	8.47%
Interest Expense	101.00M	74.00M	337.00M	136.00M	45.00M	30.00M	79.00M	233.00M	233.00M	180.00M
Interest Expense % of Total Revenue	0.72%	0.52%	2.36%	0.98%	0.32%	0.19%	0.45%	1.35%	1.38%	1.03%

Balance Sheet

Currency: USD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	0	112.96B	42.88B	42.40B	42.65B	42.34B	42.62B	43.00B	40.83B	42.84B
Total Liabilities	0	38.03B	19.06B	17.84B	17.59B	16.72B	17.08B	17.72B	16.80B	18.46B
Total Equity	0	74.76B	23.82B	24.31B	24.82B	25.38B	25.30B	25.04B	23.79B	24.14B
Cash	0	7.81B	2.13B	1.76B	3.53B	4.46B	3.19B	2.64B	3.11B	4.52B
Total Debt	-	13.07B	7.67B	127.00M	1.11B	1.12B	1.31B	2.49B	2.70B	2.58B
Net Debt	-	5.26B	-60.00M	-1.64B	-2.42B	-3.34B	-1.88B	-155.00M	-403.00M	-1.94B

Cash Flow

Currency: USD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	3.36B	247.00M	483.00M	1.07B	2.06B	2.73B	872.00M	1.77B	2.15B	3.41B
Investing Cash Flow	-1.51B	386.00M	-505.00M	-904.00M	-674.00M	-362.00M	-632.00M	-1.99B	-589.00M	-543.00M
Financing Cash Flow	-2.38B	2.40B	-2.62B	-2.93B	303.00M	-1.27B	-1.18B	-99.00M	-1.20B	-1.64B
Capital Expenditure	1.02B	1.11B	1.50B	1.16B	475.00M	573.00M	605.00M	595.00M	597.00M	591.00M
Free Cash Flow	2.34B	-866.00M	-1.02B	-93.00M	1.59B	2.15B	267.00M	1.17B	1.55B	2.81B
Dividends Paid	1.33B	988.00M	2.81B	511.00M	388.00M	397.00M	418.00M	439.00M	458.00M	475.00M
FCF to OCF	69.65%	-350.61%	-210.77%	-8.69%	76.99%	78.99%	30.62%	66.37%	72.17%	82.65%
Dividend Paid to FCF	57.10%	-114.09%	-275.64%	-549.46%	24.42%	18.43%	156.55%	37.39%	29.59%	16.87%

Earnings

Report Date	Oct 18, 2018	Mar 19, 2019	May 31, 2019	Aug 1, 2019	Oct 31, 2019	Jan 30, 2020	May 6, 2020	Aug 5, 2020	Nov 4, 2020	Feb 3, 2021	May 4, 2021	Aug 5, 2021	Nov 3, 2021	Feb 2, 2022	May 4, 2022	Aug 4, 2022	Nov 3, 2022	Feb 1, 2023	May 3, 2023	Aug 3, 2023	Oct 27, 2023	Jan 31, 2024	May 1, 2024	Jul 31, 2024	Nov 6, 2024	Feb 5, 2025	May 7, 2025	Aug 6, 2025	Nov 4, 2025	Feb 3, 2026	May 5, 2026	Jul 30, 2026	Nov 3, 2026	Nov 11, 2026
EPS Estimate	-	0.00	0.35	1.02	-0.45	-0.12	0.39	1.24	-0.42	-0.04	0.65	1.27	-0.31	0.09	0.81	1.46	-0.22	0.06	0.93	1.58	-0.26	0.06	0.83	1.72	-0.30	0.31	0.88	1.88	-0.47	0.22	1.18	2.24	-0.41	0.09
EPS Actual	1.10	-0.15	0.33	1.42	-0.39	0.07	0.59	1.26	-0.39	0.04	0.79	1.40	-0.14	0.08	0.97	1.64	-0.12	0.16	1.16	1.60	-0.23	0.15	0.89	1.83	-0.49	0.32	1.13	2.20	-0.23	0.22	1.50	2.30	-	-0.04
Surprise	-	-	-5.71%	39.22%	13.33%	158.33%	51.28%	1.61%	7.14%	200.00%	21.54%	10.24%	54.84%	-11.11%	19.75%	12.33%	45.45%	166.67%	24.73%	1.27%	11.54%	150.00%	7.23%	6.40%	-63.33%	3.23%	28.41%	17.02%	51.06%	0.00%	27.12%	2.68%	-	-144.44%
Timing	-	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap8.10B

Enterprise Value10.63B

Trailing P/E7.49

Forward P/E4.37

PEG Ratio0.62

Price / Sales1.63

Price / Book0.32

EPS1.62

Book Value12.14

Revenue (TTM)4.97B

Gross Profit (TTM)1.65B

EBITDA678.00M

Profit Margin2.76%

Operating Margin10.51%

Return on Equity4.26%

Return on Assets4.55%

Shares Outstanding667.20M

Shares Float666.71M

Beta0.58

Dividend Yield5.93%

Dividend Rate0.72

Payout Ratio3.26%

Analyst Ratings

Buy

Based on 13 analystsTarget 17.05

Strong Buy
8
Buy
3
Hold
2

Ownership Breakdown

Institutions: 95.46%
Insiders: 0.16%
Retail / Other: 4.38%

Top Institutional Holders

BlackRock Inc
53.85M8.07%
Vanguard Capital Management, LLC
43.79M6.56%
Capital World Investors
42.92M6.43%
FMR Inc
41.07M6.16%
State Street Corp
38.26M5.73%
Vanguard Portfolio Management, LLC
29.80M4.47%
Franklin Templeton Inc
22.33M3.35%
Geode Capital Management, LLC
18.90M2.83%
Aristotle Capital Management LLC
17.77M2.66%
Harris Associates L.P.
16.33M2.45%
Northern Trust Corp
12.07M1.81%
Amvescap Plc.
9.53M1.43%
Royal Bank of Canada
9.21M1.38%

Top Fund Holders

iShares Core S&P Mid-Cap ETF
23.98M3.59%
Vanguard MStar Total Stk Mkt Idx Invest
21.16M3.17%
Vanguard 500 Index Investor
17.52M2.63%
Fidelity Contrafund
15.41M2.31%
Vanguard MStar Mid Cap Index Instl
14.28M2.14%
American Funds Washington Mutual A
12.67M1.90%
Vanguard Windsor II Inv
10.33M1.55%

Dividends

20263×

0.18Sep 1, 20260.18Jun 1, 20260.18Mar 2, 2026

20254×

0.18Dec 1, 20250.18Sep 2, 20250.17Jun 2, 20250.17Mar 3, 2025

20244×

0.17Dec 2, 20240.17Sep 3, 20240.16Jun 4, 20240.16Feb 29, 2024

20234×

0.16Nov 30, 20230.16Aug 31, 20230.15May 31, 20230.15Feb 28, 2023

20224×

0.15Nov 10, 20220.15Aug 11, 20220.14May 12, 20220.14Feb 28, 2022

20214×

0.14Nov 10, 20210.14Aug 12, 20210.13May 13, 20210.13Feb 26, 2021

20201×

0.13Nov 12, 2020