Corteva is an agricultural inputs pure play that was formed in 2019 when it was spun off from DowDuPont. The company is a leader in the development of new seed and crop protection products.
It is a $8.83B materials company. Revenue grew 3.7% over the last year, it keeps 6¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 8.8× earnings — near the lowest of its own history.
- Website
- corteva.com
- Location
- Indianapolis, IN
- Employees
- 21 500
- Sector
- Basic Materials
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation and quality; Growth, Profitability and Moat lag behind.
Valuation95
- P/E vs own history0th pct · 25/25
- FCF yield7.1% · 20/25
- P/S0.5x · 25/25
- EV/EBITDA3.4x · 25/25
Growth26
- Revenue CAGR2.7% · 6/25
- Net income CAGR-11.2% · 0/25
- EPS CAGR ~5Y11.9% · 20/25
- Fwd implied growth-56.2% · 0/25
Profitability43
- ROIC4.9% · 5/25
- ROE4.1% · 5/25
- Net margin5.7% · 13/25
- Operating margin15.1% · 20/25
Health61
- Altman Zn/a · 0/25
- Current ratio1.52 · 18/25
- Interest coverage9.0x · 18/25
- Net cash / debtNet cash · 25/25
Quality85
- Piotroski F8/9 · 25/25
- Beneish M-2.64 · 25/25
- FCF conversion62% · 15/25
- Margin stabilityσ 7.4% · 20/25
Moat31
- ROIC >12% years0/7 yrs · 0/25
- Median gross margin41.1% · 13/25
- FCF-positive years6/7 yrs · 18/25
- Worst-year net marginworst -6.9% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- 2025ProductThe company introduced Forcivo, a fungicide for corn and soybeans containing flutriafol, azoxystrobin
- FY2024FinancialBecame debt-freecash now exceeds total debt
- 2024AcquisitionAlso in November 2024, the company acquired the naming rights to the Indiana Farmers Coliseum at the Indiana State…
- 2023MilestoneI. du Pont de Nemours and Company, the former corporate entity of DuPont which was designated as the predecessor to…
- 2023AcquisitionThe company acquired Stoller Group, a maker of natural pesticides for $1.2 billion
- FY2021FinancialBest year on record$1.76B net income
- FY2020FinancialTurned profitable$681M net income after a loss year
- FY2020FinancialPositive free cash flow every year since6-year streak
- FY2019FinancialRevenue already above $10B$13.8B in first reported year
- 2019MilestoneDowDuPont completed the corporate spin-off of the company and Corteva became a public company
- 2017AcquisitionCorteva was formed in…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (49.5%)
- Net cash position after subtracting debt from cash
- Interest covered 9.0× by operating earnings
- Piotroski F-Score 8/9 — fundamentally strong checklist
Watch-outs
- Loss-making in 1 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+3.7% YoY
- Profitable — makes more than it spends$1.01B TTM
- Profit growing — earnings are higher than last year+0.5% YoY
- Generates cash — cash left after running and investing$629M TTM
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$8.83B market cap
- Not printing shares — share count not ballooning — you keep your slice-8.6% shares over ~5y
- Proven track record — years of profitability behind it6/7 profitable years
- Financially stable — balance sheet not near distresshealth score 36/100
- Pays a dividend — returns cash to shareholdersyield 5.48%
- Valuation not extreme — price not wildly above earningsP/E 8.8
Peer comparisonCorteva, Inc. vs 6 largest basic materials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| CTVA this company | $8.8B | 8.8 | +3.7% | 5.7% | Mixed |
| LIN Linde plc Ordinary Share | $223.2B | 30.8 | +6.6% | 20.4% | Solid |
| SCCO Southern Copper Corporation | $176.8B | 31.2 | +32.8% | 35.9% | Strong |
| NEM Newmont Corporation | $124.2B | 14.4 | +25.2% | 33.4% | Strong |
| FCX Freeport-McMoran Inc. | $105.8B | 35.9 | +0.2% | 11.4% | Strong |
| AEM Agnico Eagle Mines Ltd. | $95.8B | 15.9 | +43.7% | 37.5% | Strong |
| B Barrick Mining Corporation | $67.5B | 10.1 | +9.2% | 31.6% | Strong |
Head-to-head: CTVA vs LIN · CTVA vs SCCO · CTVA vs NEM
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2019–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/CTVA
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of CTVA on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $13.23 · market cap $8.83B.