FirmAtlas

Company handbook · CTVA · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17

CTVA · CIK 1755672 · LATEST FILING: 10-Q JUN '26 · FILED JUL 31, 2026

Corteva, Inc.

$12.88 +0.00 (+0.00%)

Close, Oct 16, 2026 · 52-week $12–91

↗ corteva.com

Last fiscal year

Corteva, Inc. reported revenue of $17.4B for the year ended Dec 31, 2025 (FY25), up 2.9% from FY24. Net income was $1.1B, operating cash flow $3.4B and free cash flow $2.8B. Source: 10-K filed Feb 12, 2026.

Market cap

$8.7B

P/E

8.6

P/B

0.3

Div yield

5.59%

Revenue 1Y

2.9%/yr

EPS 1Y

23.1%/yr

Shares 1Y

−2%

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Daily closes, split-adjusted · ratios at each fiscal year end

Company

CEOLuke Kissam

HQIndianapolis, IN

AuditorPricewaterhouseCoopers LLP

Employees21,500

Year endsDecember

Revenue by segment · FY25

Seed57%

Crop Protection43%

Compounded growth & averages

10Y

TTM

Share price

—

−21.6%

−36.3%

−78.9%

Upgrade to see 10 years

Share price: yearly compound rate of the traded close; the last column is the past year.

Where the cash went · FY24–FY25

$4.2B deployed

Capex $1.2B 28.3%

Dividends $933M 22.2%

Buybacks $2.1B 49.5%

Operating cash flow over the period: $5.6B. Total debt changed by −$267M. R&D of $2.9B is already inside operating costs.

More cash than debt at the end of FY25.

Sources 10-K FY25 10-Q Jun '26 All filings on EDGAR

Latest filings

Sep 25, 2026 Other announcement 8-K Sep 24, 2026 Other announcement 8-K Sep 21, 2026 Other announcement 8-K Sep 15, 2026 Other announcement 8-K Sep 10, 2026 Other announcement 8-K

Growth engines

How much of the profit growth came from new investment, and how much from running the business better.

Upgrade to see 10 years

Financials

Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year

Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier

TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.

Income

FY24 FY25

TTM

Revenue

16,908

17,401+2.9%

17,812

YoY

+2.9%

Gross profit

7,379

8,229+11.5%

8,824

Gross margin

43.6%

47.3%+3.6 pp

—

Interest expense

233

180−22.7%

—

Net income

907

1,094+20.6%

1,009

YoY

+20.6%

Net margin

5.4%

6.3%+0.9 pp

—

EPS (diluted, $)

1.30

1.60+23.1%

1.51

YoY

+23.1%

Balance sheet

FY24 FY25

TTM

Total assets

40,825

42,845+4.9%

41,642

Cash & short-term investments

3,485

4,734+35.8%

—

Accounts receivable

4,448

4,881+9.7%

—

Inventory

5,432

5,667+4.3%

—

Net PP&E

4,099

4,220+3.0%

—

Other assets

23,361

23,343−0.1%

—

Total liabilities

17,036

18,701+9.8%

16,483

Accounts payable

4,039

4,398+8.9%

—

Total debt

1,953

1,686−13.7%

1,682

Other liabilities

11,044

12,617+14.2%

—

Shareholders’ equity

23,789

24,144+1.5%

25,159

Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.

Cash flow statement · as filed

FY24 FY25

TTM

Cash from operations

2,145

3,406+58.8%

1,211

Net income

919

1,105+20.2%

—

Depreciation & amortization

1,227

1,203−2.0%

—

Working capital & other

(1)

1,098n/m

—

Cash from investing

(589)

(543)n/m

—

Capex

(597)

(591)n/m

—

Acquisitions

0n/m

—

Investments bought

(144)

0n/m

—

Investments sold / matured

130

135+3.8%

—

Other investing

(87)−495.5%

—

Cash from financing

(1,199)

(1,644)n/m

—

Debt raised

3,072

1,730−43.7%

—

Debt repaid

(2,885)

(1,871)n/m

—

Dividends

(458)

(475)n/m

—

Buybacks

(1,009)

(1,071)n/m

—

Shares issued

88+46.7%

—

Other financing

(45)−314.3%

—

Net change in cash

264

1,303+393.6%

—

Free cash flow (OCF − capex)

1,548

2,815+81.8%

629

Where the cash went

FY24 FY25

TTM

Operating cash flow

2,145

3,406+58.8%

1,211

Reinvested in the business

597

591−1.0%

—

% of operating cash flow

27.8%

17.4%

Capex

597

591−1.0%

582

Acquisitions

0n/m

—

R&D (memo, already in costs)

1,402

1,474+5.1%

—

Free cash flow

1,548

2,815+81.8%

629

YoY

+81.8%

Returned to shareholders

1,467

1,546+5.4%

—

% of free cash flow

94.8%

54.9%

Dividends

458

475+3.7%

—

Buybacks

1,009

1,071+6.1%

—

Change in total debt

—

(267)

—

Cash left over

—

1,002

—

FCF conversion (FCF ÷ net income)

170.7%

257.3%+86.6 pp

—

Owner earnings

—

1,397

—

Owner earnings margin

—

8.0%

—

Buyback yield

2.6%

2.4%−0.2 pp

—

Returns & ratios

FY24 FY25

TTM

Debt / equity

0.08x

0.07x−0.01x

—

ROE

3.8%

4.5%+0.7 pp

—

ROA

2.2%

2.6%+0.3 pp

—

Invested capital (operating)

9,940

10,370+4.3%

—

Invested capital (all)

22,257

21,096−5.2%

—

Income

Sep '25

Dec '25

Mar '26

Jun '26

Revenue

2,618

3,910

4,905

6,379

vs year-ago quarter

Gross profit

974

1,656

2,533

3,661

Gross margin

37.2%

42.4%

51.6%

57.4%

Net income

(320)

(552)

720

1,161

vs year-ago quarter

Net margin

−12.2%

−14.1%

14.7%

18.2%

EPS (diluted, $)

−0.47

−0.82

1.07

1.73

vs year-ago quarter

Balance sheet

Sep '25

Dec '25

Mar '26

Jun '26

Total assets

42,198

42,845

42,717

41,642

Cash & equivalents

2,509

4,734

1,964

2,365

Total debt

1,688

1,686

1,682

Shareholders’ equity

25,219

24,144

24,362

25,159

Cash flow

Sep '25

Dec '25

Mar '26

Jun '26

Operating cash flow

193

4,375

(2,891)

(466)

Capex

157

222

122

Free cash flow

4,153

(2,972)

(588)

vs year-ago quarter