Corteva Past Earnings Performance
Past criteria checks 1/6
Corteva has been growing earnings at an average annual rate of 69.1%, while the Chemicals industry saw earnings growing at 13.3% annually. Revenues have been growing at an average rate of 6.2% per year. Corteva's return on equity is 3.7%, and it has net margins of 5.4%.
Key information
69.1%
Earnings growth rate
69.0%
EPS growth rate
Chemicals Industry Growth | 12.9% |
Revenue growth rate | 6.2% |
Return on equity | 3.7% |
Net Margin | 5.4% |
Next Earnings Update | 01 May 2024 |
Recent past performance updates
Recent updates
Added Corteva To Our Model Portfolio (Technical Analysis)
Mar 06Some Investors May Be Willing To Look Past Corteva's (NYSE:CTVA) Soft Earnings
Feb 07Corteva, Inc. (NYSE:CTVA) Shares Could Be 45% Below Their Intrinsic Value Estimate
Feb 05Corteva Q4: Strong Positive Tone With Crop Protection Normalization (Upgrade)
Feb 02We Think Corteva (NYSE:CTVA) Can Stay On Top Of Its Debt
Jan 21Corteva's (NYSE:CTVA) Returns On Capital Are Heading Higher
Jan 03Market Participants Recognise Corteva, Inc.'s (NYSE:CTVA) Earnings
Dec 19Corteva: Better Inventory Management For Better Profits
Nov 30Corteva: Weak Brazil Market, Inventory Destocking Challenges; Cost-Cutting Improves Margins
Nov 12Investors Will Want Corteva's (NYSE:CTVA) Growth In ROCE To Persist
Oct 03Corteva: A Leader In The Industry Still Expanding
Sep 24Is Corteva (NYSE:CTVA) Using Too Much Debt?
Sep 18Corteva, Inc.: As Bullish As Ever On This Quality Company
Sep 07Is There Now An Opportunity In Corteva, Inc. (NYSE:CTVA)?
Sep 05Corteva: Near-Term Headwinds, And Long-Term Growth Potential
Aug 14There's Been No Shortage Of Growth Recently For Corteva's (NYSE:CTVA) Returns On Capital
Jun 27Calculating The Intrinsic Value Of Corteva, Inc. (NYSE:CTVA)
Jun 14Corteva: Solid Quarter To Start The Year
Jun 02Is Corteva (NYSE:CTVA) Using Too Much Debt?
May 31Corteva (NYSE:CTVA) Is Looking To Continue Growing Its Returns On Capital
Mar 21Estimating The Fair Value Of Corteva, Inc. (NYSE:CTVA)
Mar 08Corteva: Disinflation Is A Headwind
Feb 11Corteva's (NYSE:CTVA) Dividend Will Be $0.15
Feb 02Corteva declares $0.15 dividend
Jan 27Corteva (NYSE:CTVA) Seems To Use Debt Quite Sensibly
Jan 25Returns Are Gaining Momentum At Corteva (NYSE:CTVA)
Dec 15Corteva, Inc.'s (NYSE:CTVA) Intrinsic Value Is Potentially 45% Above Its Share Price
Nov 18Corteva Is A Long-Term Winner
Nov 16Corteva (NYSE:CTVA) Is Due To Pay A Dividend Of $0.15
Oct 31Corteva declares $0.15 dividend
Oct 28Corteva (NYSE:CTVA) Has A Rock Solid Balance Sheet
Oct 16With EPS Growth And More, Corteva (NYSE:CTVA) Makes An Interesting Case
Oct 04Corteva announces $2B stock buyback program
Sep 13Revenue & Expenses BreakdownBeta
How Corteva makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 17,226 | 929 | 3,295 | 1,337 |
30 Sep 23 | 17,344 | 1,119 | 3,303 | 1,320 |
30 Jun 23 | 17,531 | 1,112 | 3,238 | 1,297 |
31 Mar 23 | 17,738 | 1,234 | 3,099 | 1,264 |
31 Dec 22 | 17,455 | 1,205 | 3,010 | 1,216 |
30 Sep 22 | 17,109 | 1,401 | 2,706 | 1,192 |
30 Jun 22 | 16,703 | 1,760 | 2,417 | 1,177 |
31 Mar 22 | 16,078 | 1,776 | 2,143 | 1,174 |
31 Dec 21 | 15,655 | 1,812 | 1,891 | 1,187 |
30 Sep 21 | 15,383 | 1,756 | 2,055 | 1,176 |
30 Jun 21 | 14,875 | 1,330 | 2,213 | 1,163 |
31 Mar 21 | 14,439 | 1,075 | 2,417 | 1,143 |
31 Dec 20 | 14,217 | 736 | 2,675 | 1,142 |
30 Sep 20 | 13,993 | 594 | 2,744 | 1,127 |
30 Jun 20 | 14,041 | 470 | 2,839 | 1,132 |
31 Mar 20 | 14,406 | 179 | 2,856 | 1,128 |
31 Dec 19 | 13,846 | -288 | 2,874 | 1,147 |
30 Sep 19 | 13,678 | -1,322 | 2,797 | 1,202 |
30 Jun 19 | 13,714 | -6,453 | 2,764 | 1,238 |
31 Mar 19 | 12,921 | -6,965 | 2,662 | 1,312 |
31 Dec 18 | 14,287 | -6,813 | 2,766 | 1,355 |
30 Sep 18 | 14,299 | -3,538 | 2,786 | 1,393 |
30 Jun 18 | 14,220 | 1,261 | 2,888 | 1,455 |
31 Mar 18 | 14,230 | 1,898 | 2,930 | 1,482 |
31 Dec 17 | 10,684 | 2,081 | 3,082 | 1,075 |
31 Dec 16 | 14,041 | 503 | 2,937 | 1,507 |
Quality Earnings: CTVA has a large one-off loss of $534.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: CTVA's current net profit margins (5.4%) are lower than last year (6.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CTVA has become profitable over the past 5 years, growing earnings by 69.1% per year.
Accelerating Growth: CTVA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CTVA had negative earnings growth (-22.9%) over the past year, making it difficult to compare to the Chemicals industry average (-7.6%).
Return on Equity
High ROE: CTVA's Return on Equity (3.7%) is considered low.