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 Growth12.9%
Revenue growth rate6.2%
Return on equity3.7%
Net Margin5.4%
Next Earnings Update01 May 2024

Recent past performance updates

Some Investors May Be Willing To Look Past Corteva's (NYSE:CTVA) Soft Earnings

Feb 07
Some Investors May Be Willing To Look Past Corteva's (NYSE:CTVA) Soft Earnings

Recent updates

Added Corteva To Our Model Portfolio (Technical Analysis)

Mar 06

Some Investors May Be Willing To Look Past Corteva's (NYSE:CTVA) Soft Earnings

Feb 07
Some Investors May Be Willing To Look Past Corteva's (NYSE:CTVA) Soft Earnings

Corteva, Inc. (NYSE:CTVA) Shares Could Be 45% Below Their Intrinsic Value Estimate

Feb 05
Corteva, Inc. (NYSE:CTVA) Shares Could Be 45% Below Their Intrinsic Value Estimate

Corteva Q4: Strong Positive Tone With Crop Protection Normalization (Upgrade)

Feb 02

We Think Corteva (NYSE:CTVA) Can Stay On Top Of Its Debt

Jan 21
We Think Corteva (NYSE:CTVA) Can Stay On Top Of Its Debt

Corteva's (NYSE:CTVA) Returns On Capital Are Heading Higher

Jan 03
Corteva's (NYSE:CTVA) Returns On Capital Are Heading Higher

Market Participants Recognise Corteva, Inc.'s (NYSE:CTVA) Earnings

Dec 19
Market Participants Recognise Corteva, Inc.'s (NYSE:CTVA) Earnings

Corteva: Better Inventory Management For Better Profits

Nov 30

Corteva: Weak Brazil Market, Inventory Destocking Challenges; Cost-Cutting Improves Margins

Nov 12

Investors Will Want Corteva's (NYSE:CTVA) Growth In ROCE To Persist

Oct 03
Investors Will Want Corteva's (NYSE:CTVA) Growth In ROCE To Persist

Corteva: A Leader In The Industry Still Expanding

Sep 24

Is Corteva (NYSE:CTVA) Using Too Much Debt?

Sep 18
Is Corteva (NYSE:CTVA) Using Too Much Debt?

Corteva, Inc.: As Bullish As Ever On This Quality Company

Sep 07

Is There Now An Opportunity In Corteva, Inc. (NYSE:CTVA)?

Sep 05
Is There Now An Opportunity In Corteva, Inc. (NYSE:CTVA)?

Corteva: Near-Term Headwinds, And Long-Term Growth Potential

Aug 14

There's Been No Shortage Of Growth Recently For Corteva's (NYSE:CTVA) Returns On Capital

Jun 27
There's Been No Shortage Of Growth Recently For Corteva's (NYSE:CTVA) Returns On Capital

Calculating The Intrinsic Value Of Corteva, Inc. (NYSE:CTVA)

Jun 14
Calculating The Intrinsic Value Of Corteva, Inc. (NYSE:CTVA)

Corteva: Solid Quarter To Start The Year

Jun 02

Is Corteva (NYSE:CTVA) Using Too Much Debt?

May 31
Is Corteva (NYSE:CTVA) Using Too Much Debt?

Corteva (NYSE:CTVA) Is Looking To Continue Growing Its Returns On Capital

Mar 21
Corteva (NYSE:CTVA) Is Looking To Continue Growing Its Returns On Capital

Estimating The Fair Value Of Corteva, Inc. (NYSE:CTVA)

Mar 08
Estimating The Fair Value Of Corteva, Inc. (NYSE:CTVA)

Corteva: Disinflation Is A Headwind

Feb 11

Corteva's (NYSE:CTVA) Dividend Will Be $0.15

Feb 02
Corteva's (NYSE:CTVA) Dividend Will Be $0.15

Corteva declares $0.15 dividend

Jan 27

Corteva (NYSE:CTVA) Seems To Use Debt Quite Sensibly

Jan 25
Corteva (NYSE:CTVA) Seems To Use Debt Quite Sensibly

Returns Are Gaining Momentum At Corteva (NYSE:CTVA)

Dec 15
Returns Are Gaining Momentum At Corteva (NYSE:CTVA)

Corteva, Inc.'s (NYSE:CTVA) Intrinsic Value Is Potentially 45% Above Its Share Price

Nov 18
Corteva, Inc.'s (NYSE:CTVA) Intrinsic Value Is Potentially 45% Above Its Share Price

Corteva Is A Long-Term Winner

Nov 16

Corteva (NYSE:CTVA) Is Due To Pay A Dividend Of $0.15

Oct 31
Corteva (NYSE:CTVA) Is Due To Pay A Dividend Of $0.15

Corteva declares $0.15 dividend

Oct 28

Corteva (NYSE:CTVA) Has A Rock Solid Balance Sheet

Oct 16
Corteva (NYSE:CTVA) Has A Rock Solid Balance Sheet

With EPS Growth And More, Corteva (NYSE:CTVA) Makes An Interesting Case

Oct 04
With EPS Growth And More, Corteva (NYSE:CTVA) Makes An Interesting Case

Corteva announces $2B stock buyback program

Sep 13

Revenue & Expenses Breakdown
Beta

How Corteva makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:CTVA Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2317,2269293,2951,337
30 Sep 2317,3441,1193,3031,320
30 Jun 2317,5311,1123,2381,297
31 Mar 2317,7381,2343,0991,264
31 Dec 2217,4551,2053,0101,216
30 Sep 2217,1091,4012,7061,192
30 Jun 2216,7031,7602,4171,177
31 Mar 2216,0781,7762,1431,174
31 Dec 2115,6551,8121,8911,187
30 Sep 2115,3831,7562,0551,176
30 Jun 2114,8751,3302,2131,163
31 Mar 2114,4391,0752,4171,143
31 Dec 2014,2177362,6751,142
30 Sep 2013,9935942,7441,127
30 Jun 2014,0414702,8391,132
31 Mar 2014,4061792,8561,128
31 Dec 1913,846-2882,8741,147
30 Sep 1913,678-1,3222,7971,202
30 Jun 1913,714-6,4532,7641,238
31 Mar 1912,921-6,9652,6621,312
31 Dec 1814,287-6,8132,7661,355
30 Sep 1814,299-3,5382,7861,393
30 Jun 1814,2201,2612,8881,455
31 Mar 1814,2301,8982,9301,482
31 Dec 1710,6842,0813,0821,075
31 Dec 1614,0415032,9371,507

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.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.