Corteva, Inc.
NYSE:CTVA
57.44 (USD) • At close September 18, 2024
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 6,112 | 4,492 | 3,707 | 2,590 | 6,045 | 4,884 | 3,825 | 2,777 | 6,252 | 4,601 | 3,479 | 2,371 | 5,627 | 4,178 | 3,207 | 1,863 | 5,191 | 3,956 | 2,983 | 1,911 | 5,556 | 6,288 | 2,815 | 1,947 | 5,731 | 6,699 | 2,827 | 1,868 | 4,772.5 | 4,772.5 |
| Cost of Revenue
| 3,100 | 2,667 | 2,366 | 1,646 | 3,137 | 2,771 | 2,510 | 1,879 | 3,323 | 2,724 | 2,232 | 1,558 | 3,010 | 2,420 | 2,112 | 1,297 | 2,829 | 2,269 | 1,968 | 1,349 | 3,047 | 4,235 | 597 | 1,485 | 3,687 | 4,847 | 1,914 | 1,332 | 2,578 | 2,578 |
| Gross Profit
| 3,012 | 1,825 | 1,341 | 944 | 2,908 | 2,113 | 1,315 | 898 | 2,929 | 1,877 | 1,247 | 813 | 2,617 | 1,758 | 1,095 | 566 | 2,362 | 1,687 | 1,015 | 562 | 2,509 | 2,053 | 2,218 | 462 | 2,044 | 1,852 | 913 | 536 | 2,194.5 | 2,194.5 |
| Gross Profit Ratio
| 0.493 | 0.406 | 0.362 | 0.364 | 0.481 | 0.433 | 0.344 | 0.323 | 0.468 | 0.408 | 0.358 | 0.343 | 0.465 | 0.421 | 0.341 | 0.304 | 0.455 | 0.426 | 0.34 | 0.294 | 0.452 | 0.326 | 0.788 | 0.237 | 0.357 | 0.276 | 0.323 | 0.287 | 0.46 | 0.46 |
| Reseach & Development Expenses
| 357 | 332 | 357 | 335 | 329 | 316 | 340 | 312 | 296 | 268 | 316 | 297 | 293 | 281 | 305 | 284 | 273 | 280 | 290 | 289 | 269 | 355 | 422 | 325 | 354 | 382 | 383 | 387 | 369.5 | 369.5 |
| General & Administrative Expenses
| 1,090 | 772 | 700 | 700 | 0 | 757 | 764 | 657 | 0 | 735 | 1,670 | 672 | 998 | 0 | 724 | 597 | 965 | 757 | 747 | 646 | 937 | 970 | 555 | 633 | 965 | 959 | 0 | 0 | 0 | 0 |
| Selling & Marketing Expenses
| -36 | -36 | 30 | -30 | 0 | -31 | 0 | 0 | 0 | 0 | -864 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A
| 1,054 | 736 | 644 | 670 | 1,045 | 726 | 764 | 657 | 1,017 | 735 | 806 | 672 | 998 | 733 | 724 | 597 | 965 | 757 | 747 | 646 | 937 | 970 | 555 | 633 | 965 | 959 | 643 | 668 | 830.5 | 830.5 |
| Other Expenses
| -36 | -51 | -177 | -149 | -134 | 160 | 166 | 178 | 179 | 179 | 335 | 378 | 298 | 337 | 92 | 30 | 89 | 1 | 125 | 58 | 18 | 0 | 0 | 71 | 71 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses
| 1,411 | 1,068 | 1,176 | 1,005 | 1,548 | 1,202 | 1,270 | 1,147 | 1,492 | 1,182 | 1,301 | 1,149 | 1,471 | 1,197 | 1,210 | 1,043 | 1,414 | 1,200 | 1,198 | 1,035 | 1,319 | 1,488 | 835 | 1,046 | 1,426 | 1,609 | 1,397 | 1,219 | 1,761 | 1,761 |
| Operating Income
| 1,601 | 757 | 124 | -315 | 880 | 840 | -104 | -226 | 1,486 | 712 | 257 | -336 | 1,146 | 561 | -115 | -477 | 948 | 487 | -183 | -473 | 1,190 | 565 | 1,383 | -584 | 618 | 243 | -190 | -579 | 928 | 928 |
| Operating Income Ratio
| 0.262 | 0.169 | 0.033 | -0.122 | 0.146 | 0.172 | -0.027 | -0.081 | 0.238 | 0.155 | 0.074 | -0.142 | 0.204 | 0.134 | -0.036 | -0.256 | 0.183 | 0.123 | -0.061 | -0.248 | 0.214 | 0.09 | 0.491 | -0.3 | 0.108 | 0.036 | -0.067 | -0.31 | 0.194 | 0.194 |
| Total Other Income Expenses Net
| -263 | -275 | -556 | -129 | -194 | -64 | -99 | -170 | -159 | -14 | 307 | 352 | 163 | 237 | 55 | -19 | -90 | -69 | 20 | -152 | -420 | -460 | -157 | -4,996 | -246 | -352 | -280 | -54 | -563.5 | -563.5 |
| Income Before Tax
| 1,338 | 482 | -323 | -444 | 1,084 | 776 | -203 | -396 | 1,327 | 698 | 245 | 8 | 1,302 | 791 | -70 | -507 | 844 | 408 | -187 | -631 | 753 | 49 | 1,338 | -5,650 | 308 | -189 | -470 | -633 | 364.5 | 364.5 |
| Income Before Tax Ratio
| 0.219 | 0.107 | -0.087 | -0.171 | 0.179 | 0.159 | -0.053 | -0.143 | 0.212 | 0.152 | 0.07 | 0.003 | 0.231 | 0.189 | -0.022 | -0.272 | 0.163 | 0.103 | -0.063 | -0.33 | 0.136 | 0.008 | 0.475 | -2.902 | 0.054 | -0.028 | -0.166 | -0.339 | 0.076 | 0.076 |
| Income Tax Expense
| 282 | 106 | -92 | -129 | 204 | 169 | -162 | -74 | 325 | 121 | 90 | -28 | 284 | 178 | -169 | -117 | 78 | 127 | -145 | -104 | 270 | -40 | 595 | -8 | -67 | 27 | 2,672 | 213 | 242 | 242 |
| Net Income
| 1,053 | 419 | -253 | -321 | 714 | 595 | -41 | -322 | 969 | 564 | 159 | 30 | 970 | 600 | 41 | -392 | 760 | 272 | -21 | -494 | -608 | 89 | -457 | -5,121 | 694 | -221 | 2,196 | -848 | 593 | 593 |
| Net Income Ratio
| 0.172 | 0.093 | -0.068 | -0.124 | 0.118 | 0.122 | -0.011 | -0.116 | 0.155 | 0.123 | 0.046 | 0.013 | 0.172 | 0.144 | 0.013 | -0.21 | 0.146 | 0.069 | -0.007 | -0.259 | -0.109 | 0.014 | -0.162 | -2.63 | 0.121 | -0.033 | 0.777 | -0.454 | 0.124 | 0.124 |
| EPS
| 1.51 | 0.6 | -0.36 | -0.45 | 1 | 0.83 | -0.058 | -0.45 | 1.34 | 0.78 | 0.22 | 0.041 | 1.32 | 0.81 | 0.055 | -0.52 | 1.01 | 0.36 | -0.028 | -0.66 | -0.81 | 0.12 | -0.61 | -6.84 | 0.93 | -0.3 | 2.94 | -1.133 | 0.792 | 0.792 |
| EPS Diluted
| 1.51 | 0.6 | -0.36 | -0.45 | 1 | 0.83 | -0.058 | -0.45 | 1.33 | 0.77 | 0.22 | 0.041 | 1.3 | 0.8 | 0.055 | -0.52 | 1.01 | 0.36 | -0.028 | -0.66 | -0.81 | 0.12 | -0.61 | -6.83 | 0.93 | -0.29 | 2.94 | -1.133 | 0.792 | 0.792 |
| EBITDA
| 1,913 | 1,064 | 436 | -315 | 1,532 | 1,127 | 200 | 84 | 1,788 | 1,019 | 598 | 351 | 1,757 | 1,202 | 286 | -162 | 1,337 | 771 | 103 | -179 | 1,626 | 1,243 | 1,808 | 178 | 1,478 | 890 | -113 | -519 | 994.5 | 994.5 |
| EBITDA Ratio
| 0.313 | 0.237 | 0.118 | -0.122 | 0.253 | 0.231 | 0.052 | 0.03 | 0.286 | 0.221 | 0.172 | 0.148 | 0.312 | 0.288 | 0.089 | -0.087 | 0.258 | 0.195 | 0.035 | -0.094 | 0.293 | 0.198 | 0.642 | 0.091 | 0.258 | 0.133 | -0.04 | -0.278 | 0.208 | 0.208 |