MSFT 415.85 -0.4643% AAPL 228.66 0.1665% NVDA 145.315 -1.153% GOOGL 175.65 -1.3867% GOOG 177.07 -1.3977% AMZN 202.88 -0.8455% META 564.135 0.5427% AVGO 162.61 -1.6571% TSLA 342.2799 -1.0752% TSM 186.825 -1.5% LLY 754.385 3.3786% V 307.39 -1.4302% JPM 240.935 -0.8865% UNH 601.41 4.2305% NVO 105.52 2.8159% WMT 87.12 0.6005% LVMUY 121.8 -0.5471% XOM 119.97 1.1296% LVMHF 607.0 -0.9465% MA 512.64 -1.3129%

Corteva Inc

Basic Materials US CTVA

58.97USD
0.73(1.25%)

Last update at 2024-11-20T20:51:00Z

Day Range

58.0059.02
LowHigh

52 Week Range

43.0764.44
LowHigh

Fundamentals

  • Previous Close 58.24
  • Market Cap33446.44M
  • Volume1816336
  • P/E Ratio30.23
  • Dividend Yield1.35%
  • EBITDA3246.00M
  • Revenue TTM17344.00M
  • Revenue Per Share TTM24.37
  • Gross Profit TTM 7026.00M
  • Diluted EPS TTM1.57

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 1426.00M 2346.00M 675.00M -316.00000M -4554.00000M
Minority interest -11.00000M -10.00000M 20.00M 246.00M 493.00M
Net income 1147.00M 1759.00M 681.00M -270.00000M -4991.00000M
Selling general administrative 3173.00M 3209.00M 3043.00M 3065.00M 2902.00M
Selling and marketing expenses - - - - -
Gross profit 7019.00M 6435.00M 5710.00M 5271.00M 5766.00M
Reconciled depreciation 1223.00M 1243.00M 1177.00M 1599.00M 2790.00M
Ebit 1868.00M 2665.00M 1055.00M 799.00M 1290.00M
Ebitda 3091.00M 3908.00M 2232.00M 1274.00M 4080.00M
Depreciation and amortization 1223.00M 1243.00M 1177.00M 475.00M 2790.00M
Non operating income net other -60.00000M 1348.00M 212.00M - -
Operating income 1868.00M 2665.00M 1055.00M 799.00M 1290.00M
Other operating expenses 15527.00M 14338.00M 13374.00M 13262.00M 12997.00M
Interest expense 79.00M 30.00M 45.00M 136.00M 76.00M
Tax provision 210.00M 524.00M -81.00000M -46.00000M 408.00M
Interest income 124.00M 77.00M 56.00M 59.00M 379.00M
Net interest income -79.00000M -30.00000M -45.00000M -77.00000M -76.00000M
Extraordinary items - - -55.00000M -671.00000M 1748.00M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 210.00M 524.00M -81.00000M -46.00000M 408.00M
Total revenue 17455.00M 15655.00M 14217.00M 13846.00M 14287.00M
Total operating expenses 5091.00M 5118.00M 4867.00M 4687.00M 4476.00M
Cost of revenue 10436.00M 9220.00M 8507.00M 8575.00M 8521.00M
Total other income expense net -442.00000M -319.00000M -380.00000M -1115.00000M -5768.00000M
Discontinued operations -58.00000M -53.00000M -55.00000M -671.00000M 1748.00M
Net income from continuing ops 1216.00M 1822.00M 756.00M -270.00000M -4962.00000M
Net income applicable to common shares 1147.00M 1759.00M 681.00M -959.00000M -5065.00000M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 42618.00M 42344.00M 42649.00M 42397.00M 42880.00M
Intangible assets 9339.00M 10044.00M 10747.00M 11424.00M 12055.00M
Earning assets - - - - -
Other current assets 968.00M 1010.00M 1165.00M 1190.00M 1044.00M
Total liab 17077.00M 16721.00M 17586.00M 17842.00M 19056.00M
Total stockholder equity 25302.00M 25384.00M 24824.00M 24309.00M 23559.00M
Deferred long term liab 1119.00M 1220.00M 893.00M - 5.00M
Other current liab 2437.00M 2214.00M 4930.00M 1945.00M 4173.00M
Common stock 7.00M 7.00M 7.00M 7.00M 7.00M
Capital stock 7.00M 7.00M 7.00M 7.00M 7.00M
Retained earnings 250.00M 524.00M 0.00000M -425.00000M -1.00000M
Other liab 4719.00M 6063.00M 7936.00M 9063.00M 14436.00M
Good will 9962.00M 10107.00M 10269.00M 10229.00M 10193.00M
Other assets 1706.00M 2242.00M 2403.00M 2058.00M 58781.00M
Cash 3191.00M 4459.00M 3526.00M 1764.00M 2128.00M
Cash and equivalents - - - - -
Total current liabilities 10744.00M 9558.00M 8548.00M 8238.00M 9994.00M
Current deferred revenue 3388.00M 3201.00M 464.00M 2584.00M 149.00M
Net debt -1884.00000M -3342.00000M -2421.00000M -1642.00000M -60.00000M
Short term debt 24.00M 17.00M 3.00M 7.00M 1889.00M
Short long term debt 24.00M 17.00M 3.00M 3.00M 1889.00M
Short long term debt total 1307.00M 1117.00M 1105.00M 122.00M 2068.00M
Other stockholder equity 27851.00M 27751.00M 27707.00M 27997.00M 25965.00M
Property plant equipment 4254.00M 4329.00M 4396.00M 5101.00M 4544.00M
Total current assets 16795.00M 15546.00M 14768.00M 13519.00M 13836.00M
Long term investments 102.00M 76.00M 66.00M 66.00M 138.00M
Net tangible assets 25302.00M 5233.00M 24824.00M 2656.00M 52412.00M
Short term investments 124.00M 86.00M 269.00M 5.00M 5.00M
Net receivables 5701.00M 4811.00M 4926.00M 5528.00M 5409.00M
Long term debt 1283.00M 1100.00M 1102.00M 110.00M 179.00M
Inventory 6811.00M 5180.00M 4882.00M 5032.00M 5250.00M
Accounts payable 4895.00M 4126.00M 3615.00M 3702.00M 3783.00M
Total permanent equity - - - - 0.00000M
Noncontrolling interest in consolidated entity 239.00M 239.00M 239.00M - 0.00000M
Temporary equity redeemable noncontrolling interests - - - - 0.00000M
Accumulated other comprehensive income -2806.00000M -2898.00000M -2890.00000M -3270.00000M -2412.00000M
Additional paid in capital - - - - 0.00000M
Common stock total equity 7.00M 7.00M 7.00M 7.00M 7.00M
Preferred stock total equity - - - - 0.00000M
Retained earnings total equity 250.00M 524.00M - - 0.00000M
Treasury stock - - - - 0.00000M
Accumulated amortization - - - - -
Non currrent assets other 1687.00M 1804.00M 1939.00M 2326.00M 1830.00M
Deferred long term asset charges - - - - -
Non current assets total 25823.00M 26798.00M 27881.00M 28878.00M 29044.00M
Capital lease obligations 2.00M - 1.00M 9.00M -
Long term debt total 1283.00M 1100.00M 1102.00M 115.00M 5784.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -632.00000M 137.00M -275.00000M -904.00000M -505.00000M
Change to liabilities 807.00M 524.00M -118.00000M 149.00M 642.00M
Total cashflows from investing activities -632.00000M -362.00000M -674.00000M -904.00000M -505.00000M
Net borrowings -13.00000M 11.00M 2439.00M -7671.00000M -4800.00000M
Total cash from financing activities -1180.00000M -1266.00000M 303.00M -2929.00000M -2624.00000M
Change to operating activities 162.00M 93.00M 359.00M -418.00000M -1564.00000M
Net income 1158.00M 1769.00M 701.00M -941.00000M -5027.00000M
Change in cash -1218.00000M 963.00M 1700.00M -2851.00000M -2890.00000M
Begin period cash flow 4836.00M 3873.00M 2173.00M 5024.00M 7914.00M
End period cash flow 3618.00M 4836.00M 3873.00M 2173.00M 5024.00M
Total cash from operating activities 872.00M 2727.00M 2064.00M 1070.00M 483.00M
Issuance of capital stock - - - - -
Depreciation 1223.00M 1243.00M 1177.00M 1599.00M 2790.00M
Other cashflows from investing activities 70.00M -1.00000M 76.00M -13.00000M -3.00000M
Dividends paid 418.00M 397.00M 388.00M 511.00M 2806.00M
Change to inventory -1715.00000M -422.00000M 104.00M 74.00M -498.00000M
Change to account receivables -997.00000M -113.00000M 187.00M -361.00000M -1522.00000M
Sale purchase of stock -1000.00000M -950.00000M -275.00000M -25.00000M 85.00M
Other cashflows from financing activities 1290.00M -30.00000M -88.00000M 5231.00M 6138.00M
Change to netincome -142.00000M -357.00000M 62.00M 1585.00M 7581.00M
Capital expenditures 605.00M 573.00M 475.00M 1163.00M 1501.00M
Change receivables 997.00M 113.00M -187.00000M - -
Cash flows other operating -162.00000M -93.00000M -186.00000M - -
Exchange rate changes - - - - -
Cash and cash equivalents changes -940.00000M 1099.00M 1693.00M - -
Change in working capital -1549.00000M 656.00M 359.00M -556.00000M -2942.00000M
Stock based compensation - -1313.00000M -406.00000M 709.00M 4252.00M
Other non cash items 326.00M 198.00M 563.00M 736.00M 1379.00M
Free cash flow 267.00M 2154.00M 1589.00M -93.00000M -1018.00000M

Peer Comparison

Sector: Basic Materials Industry: Agricultural Inputs

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CTVA
Corteva Inc
0.73 1.25% 58.97 30.23 15.58 1.89 1.30 2.10 13.87
NTR
Nutrien Ltd
0.36 0.79% 45.92 12.97 10.67 0.92 1.09 1.36 6.80
CF
CF Industries Holdings Inc
2.37 2.71% 89.91 7.48 11.42 1.94 2.60 1.94 3.73
MOS
The Mosaic Company
0.05 0.20% 25.44 9.17 11.07 0.78 0.98 1.00 5.38
YARIY
Yara International ASA
- -% 14.39 16.03 10.56 0.52 1.25 0.71 5.89

Reports Covered

Stock Research & News

Profile

Corteva, Inc. operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics. This segment also provides digital solutions that assist farmer decision-making with a view to optimize product selection, and maximize yield and profitability. The Crop Protection segment offers products that protect against weeds, insects and other pests, and diseases, as well as enhances crop health above and below ground through nitrogen management and seed-applied technologies. This segment provides herbicides, insecticides, nitrogen stabilizers, and pasture and range management herbicides. It serves agricultural input industry. The company operates in the United States, Canada, Latin America, the Asia Pacific, Europe, the Middle East, and Africa. Corteva, Inc. was incorporated in 2018 and is headquartered in Indianapolis, Indiana.

Corteva Inc

9330 Zionsville Road, Indianapolis, IN, United States, 46268-0735

Key Executives

Name Title Year Born
Mr. Charles Victor Magro B.Sc. (Chem), MBA CEO & Director 1970
Mr. David John Anderson B.S., M.B.A., MBA Exec. VP & CFO 1949
Mr. Cornel B. Fuerer Sr. VP, Sec. & Gen. Counsel 1967
Mr. Timothy P. Glenn Exec. VP of Seed Bus. Unit 1967
Mr. Brian Titus VP, Controller & Principal Accounting Officer 1973
Mr. Samuel R. Eathington Exec. VP & Chief Technology and Digital Officer 1969
Kimberly Booth VP of Investor Relations NA
Ms. Audrey Grimm Sr. VP, Chief HR & Diversity Officer NA
Ms. Meghan Cassidy Sr. VP & Sr. Advisor to the CEO 1976
Mr. Robert King Exec. VP of Crop Protection Bus. Unit NA

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.