Corteva Past Earnings Performance
Past criteria checks 1/6
Corteva has been growing earnings at an average annual rate of 20.6%, while the Chemicals industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 5.3% per year. Corteva's return on equity is 2.7%, and it has net margins of 4%.
Key information
20.6%
Earnings growth rate
21.4%
EPS growth rate
| Chemicals Industry Growth | 12.9% |
| Revenue growth rate | 5.3% |
| Return on equity | 2.7% |
| Net Margin | 4.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Corteva Q3: Lower Commodity And Raw Material Costs Ahead, Potential Margin Expansion
Nov 10Market Participants Recognise Corteva, Inc.'s (NYSE:CTVA) Earnings
Nov 08
Corteva (NYSE:CTVA) Might Have The Makings Of A Multi-Bagger
Sep 23Corteva Offers A Pair Of Preferred Shares To Consider
Sep 16Estimating The Intrinsic Value Of Corteva, Inc. (NYSE:CTVA)
Sep 08Corteva Sows Growth, But Harvests Mixed Results In Q2
Sep 05Does Corteva (NYSE:CTVA) Have A Healthy Balance Sheet?
Aug 23Corteva's (NYSE:CTVA) Conservative Accounting Might Explain Soft Earnings
Aug 08Corteva (NYSE:CTVA) Is Increasing Its Dividend To $0.17
Aug 05Getting In Cheap On Corteva, Inc. (NYSE:CTVA) Might Be Difficult
Jul 31Corteva: Bearish Trend Is On With Declining Trading Volume
Jun 18Is Corteva, Inc. (NYSE:CTVA) Trading At A 48% Discount?
May 27There's Been No Shortage Of Growth Recently For Corteva's (NYSE:CTVA) Returns On Capital
May 11Is Corteva (NYSE:CTVA) Using Too Much Debt?
Apr 23Investors Still Waiting For A Pull Back In Corteva, Inc. (NYSE:CTVA)
Apr 05Corteva's Strategic Ascend Post DowDuPont Split: Bridging Valuation Gaps
Apr 02Added 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 14Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 16,637 | 670 | 3,333 | 1,394 |
| 30 Jun 24 | 16,901 | 874 | 3,325 | 1,381 |
| 31 Mar 24 | 16,834 | 698 | 3,318 | 1,353 |
| 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 $527.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: CTVA's current net profit margins (4%) are lower than last year (6.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CTVA has become profitable over the past 5 years, growing earnings by 20.6% 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 (-40.1%) over the past year, making it difficult to compare to the Chemicals industry average (4.8%).
Return on Equity
High ROE: CTVA's Return on Equity (2.7%) is considered low.