This page shows Corteva Inc (CTVA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Margin expansion, disciplined balance-sheet use, and light reinvestment needs turned mostly steady sales into much stronger cash output.
From FY2022 to FY2025, gross margin expansion from40.2% to47.3% happened while sales stayed broadly flat, so the recovery was not mainly a top-line story. Free cash flow climbed from$267M to$2.8B , implying better unit economics plus easier working capital rather than simple volume growth.
Corteva's balance sheet looks internally funded: cash of
The business is also not especially capital intensive: capex stayed near
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Corteva Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Corteva Inc's revenue grew a modest 2.9% year-over-year to $17.4B. This slow but positive growth earns a score of 34/100.
Corteva Inc carries a low D/E ratio of 0.07, meaning only $0.07 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Corteva Inc's current ratio of 1.43 is below the typical benchmark, resulting in a score of 24/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Corteva Inc has a free cash flow margin of 16.2%, earning a moderate score of 56/100. The company generates positive cash flow after capital investments, but with room for improvement.
Corteva Inc generates a 4.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 20/100. This is up from 3.8% the prior year.
Corteva Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Corteva Inc generates $3.11 in operating cash flow ($3.4B OCF vs $1.1B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Corteva Inc generated $17.4B in revenue in fiscal year 2025. This represents an increase of 2.9% from the prior year.
Corteva Inc reported $1.1B in net income in fiscal year 2025. This represents an increase of 20.6% from the prior year.
Corteva Inc earned $1.60 per diluted share (EPS) in fiscal year 2025. This represents an increase of 23.1% from the prior year.
Cash & Balance Sheet
Corteva Inc generated $2.8B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 81.8% from the prior year.
Corteva Inc held $4.5B in cash against $1.7B in long-term debt as of fiscal year 2025.
Corteva Inc paid $0.70 per share in dividends in fiscal year 2025. This represents an increase of 6.1% from the prior year.
Corteva Inc had 673M shares outstanding in fiscal year 2025. This represents a decrease of 1.9% from the prior year.
Margins & Returns
Corteva Inc's gross margin was 47.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 3.6 percentage points from the prior year.
Corteva Inc's net profit margin was 6.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.9 percentage points from the prior year.
Corteva Inc's ROE was 4.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.7 percentage points from the prior year.
Capital Allocation
Corteva Inc invested $1.5B in research and development in fiscal year 2025. This represents an increase of 5.1% from the prior year.
Corteva Inc spent $1.1B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 6.1% from the prior year.
Corteva Inc invested $591.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 1.0% from the prior year.
CTVA Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.9B+25.4% | $3.9B+49.4% | $2.6B-59.4% | $6.5B+46.2% | $4.4B+11.0% | $4.0B+71.0% | $2.3B-61.9% | $6.1B |
| Cost of Revenue | $2.4B+5.2% | $2.3B+37.1% | $1.6B-43.9% | $2.9B+25.2% | $2.3B-6.2% | $2.5B+59.5% | $1.6B-46.4% | $2.9B |
| Gross Profit | $2.5B+53.0% | $1.7B+70.0% | $974.0M-72.4% | $3.5B+69.8% | $2.1B+40.0% | $1.5B+94.7% | $761.0M-76.2% | $3.2B |
| R&D Expenses | $341.0M-17.4% | $413.0M+17.7% | $351.0M-6.4% | $375.0M+11.9% | $335.0M-8.2% | $365.0M+4.9% | $348.0M-2.5% | $357.0M |
| SG&A Expenses | $877.0M+2.0% | $860.0M+18.6% | $725.0M-37.3% | $1.2B+53.9% | $751.0M+2.2% | $735.0M+9.5% | $671.0M-36.3% | $1.1B |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $36.0M | N/A | N/A | $52.0M+44.4% | $36.0M-40.0% | $60.0M-9.1% | $66.0M0.0% | $66.0M |
| Income Tax | $133.0M+1800.0% | $7.0M+111.3% | -$62.0M-114.7% | $422.0M+260.7% | $117.0M-15.2% | $138.0M+221.1% | -$114.0M-140.4% | $282.0M |
| Net Income | $720.0M+230.4% | -$552.0M-72.5% | -$320.0M-124.4% | $1.3B+101.5% | $652.0M+1690.2% | -$41.0M+92.2% | -$524.0M-149.8% | $1.1B |
| EPS (Diluted) | $1.07 | N/A | $-0.47-124.5% | $1.92+102.1% | $0.95 | N/A | $-0.76-150.3% | $1.51 |
CTVA Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $42.7B-0.3% | $42.8B+1.5% | $42.2B+1.1% | $41.8B-0.9% | $42.1B+3.2% | $40.8B-2.6% | $41.9B+1.1% | $41.5B |
| Current Assets | $17.4B+0.3% | $17.3B+5.5% | $16.4B+2.7% | $16.0B-3.5% | $16.6B+9.9% | $15.1B-3.5% | $15.6B+1.9% | $15.4B |
| Cash & Equivalents | $2.0B-56.6% | $4.5B+80.2% | $2.5B+21.5% | $2.1B+2.8% | $2.0B-35.4% | $3.1B+28.3% | $2.4B+31.6% | $1.8B |
| Inventory | $5.2B-8.2% | $5.7B+6.7% | $5.3B+23.0% | $4.3B-15.9% | $5.1B-5.5% | $5.4B-4.3% | $5.7B+16.0% | $4.9B |
| Accounts Receivable | $7.3B+48.8% | $4.9B-3.3% | $5.0B-15.3% | $6.0B-11.9% | $6.8B+52.1% | $4.4B+4.4% | $4.3B-17.6% | $5.2B |
| Goodwill | $10.4B-0.5% | $10.5B-0.4% | $10.5B-0.1% | $10.5B+1.8% | $10.3B-0.7% | $10.4B-2.1% | $10.6B+1.3% | $10.5B |
| Total Liabilities | $18.4B-1.9% | $18.7B+10.1% | $17.0B+7.1% | $15.8B-11.1% | $17.8B+4.7% | $17.0B-0.8% | $17.2B+5.4% | $16.3B |
| Current Liabilities | $11.9B-2.2% | $12.1B+16.4% | $10.4B+9.5% | $9.5B-17.1% | $11.5B+10.5% | $10.4B-0.4% | $10.4B+16.4% | $9.0B |
| Long-Term Debt | $1.7B-0.2% | $1.7B-0.1% | $1.7B+0.1% | $1.7B-5.9% | $1.8B-8.2% | $2.0B-1.1% | $2.0B-20.1% | $2.5B |
| Total Equity | $24.4B+0.9% | $24.1B-4.3% | $25.2B-2.7% | $25.9B+6.7% | $24.3B+2.1% | $23.8B-3.8% | $24.7B-1.8% | $25.2B |
| Retained Earnings | $436.0M+750.7% | -$67.0M-108.0% | $834.0M-45.6% | $1.5B+161.0% | $587.0M+967.3% | $55.0M-43.9% | $98.0M-90.1% | $992.0M |
CTVA Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.9B-166.1% | $4.4B+2166.8% | $193.0M-79.6% | $947.0M+144.9% | -$2.1B-150.5% | $4.2B+3110.0% | $130.0M-71.2% | $451.0M |
| Capital Expenditures | $81.0M-63.5% | $222.0M+41.4% | $157.0M+33.1% | $118.0M+25.5% | $94.0M-48.1% | $181.0M+17.5% | $154.0M+35.1% | $114.0M |
| Free Cash Flow | -$3.0B-171.6% | $4.2B+11436.1% | $36.0M-95.7% | $829.0M+137.6% | -$2.2B-155.2% | $4.0B+16733.3% | -$24.0M-107.1% | $337.0M |
| Investing Cash Flow | -$77.0M+59.0% | -$188.0M-19.7% | -$157.0M+4.3% | -$164.0M-382.4% | -$34.0M+72.4% | -$123.0M+23.6% | -$161.0M-360.0% | -$35.0M |
| Financing Cash Flow | $389.0M+117.7% | -$2.2B-698.9% | $367.0M+145.4% | -$808.0M-181.2% | $995.0M+129.8% | -$3.3B-638.9% | $619.0M+349.6% | -$248.0M |
| Dividends Paid | $121.0M0.0% | $121.0M-0.8% | $122.0M+5.2% | $116.0M0.0% | $116.0M-1.7% | $118.0M+0.9% | $117.0M+5.4% | $111.0M |
| Share Buybacks | $250.0M-16.9% | $301.0M+20.4% | $250.0M0.0% | $250.0M-7.4% | $270.0M+7.1% | $252.0M-0.4% | $253.0M+0.4% | $252.0M |
CTVA Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.6%+9.3pp | 42.4%+5.1pp | 37.2%-17.4pp | 54.6%+7.6pp | 47.0%+9.7pp | 37.3%+4.5pp | 32.7%-19.5pp | 52.3% |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 14.7%+28.8pp | -14.1%-1.9pp | -12.2%-32.6pp | 20.3%+5.6pp | 14.8%+15.8pp | -1.0%+21.5pp | -22.5%-39.8pp | 17.2% |
| Return on Equity | 3.0%+5.2pp | -2.3%-1.0pp | -1.3%-6.3pp | 5.1%+2.4pp | 2.7%+2.9pp | -0.2%+1.9pp | -2.1%-6.3pp | 4.2% |
| Return on Assets | 1.7%+3.0pp | -1.3%-0.5pp | -0.8%-3.9pp | 3.1%+1.6pp | 1.6%+1.7pp | -0.1%+1.1pp | -1.3%-3.8pp | 2.5% |
| Current Ratio | 1.47+0.0 | 1.43-0.1 | 1.58-0.1 | 1.68+0.2 | 1.440.0 | 1.45-0.0 | 1.50-0.2 | 1.72 |
| Debt-to-Equity | 0.070.0 | 0.070.0 | 0.070.0 | 0.070.0 | 0.070.0 | 0.080.0 | 0.08-0.0 | 0.10 |
| FCF Margin | -60.6%-166.8pp | 106.2%+104.8pp | 1.4%-11.5pp | 12.8%+62.7pp | -49.9%-150.2pp | 100.4%+101.4pp | -1.0%-6.5pp | 5.5% |
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Frequently Asked Questions
What is Corteva Inc's annual revenue?
Corteva Inc (CTVA) reported $17.4B in total revenue for fiscal year 2025. This represents a 2.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Corteva Inc's revenue growing?
Corteva Inc (CTVA) revenue grew by 2.9% year-over-year, from $16.9B to $17.4B in fiscal year 2025.
Is Corteva Inc profitable?
Yes, Corteva Inc (CTVA) reported a net income of $1.1B in fiscal year 2025, with a net profit margin of 6.3%.
How much debt does Corteva Inc have?
As of fiscal year 2025, Corteva Inc (CTVA) had $4.5B in cash and equivalents against $1.7B in long-term debt.
What is Corteva Inc's gross margin?
Corteva Inc (CTVA) had a gross margin of 47.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Corteva Inc's net profit margin?
Corteva Inc (CTVA) had a net profit margin of 6.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Corteva Inc pay dividends?
Yes, Corteva Inc (CTVA) paid $0.70 per share in dividends during fiscal year 2025.
What is Corteva Inc's return on equity (ROE)?
Corteva Inc (CTVA) has a return on equity of 4.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Corteva Inc's free cash flow?
Corteva Inc (CTVA) generated $2.8B in free cash flow during fiscal year 2025. This represents a 81.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Corteva Inc's operating cash flow?
Corteva Inc (CTVA) generated $3.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Corteva Inc's total assets?
Corteva Inc (CTVA) had $42.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Corteva Inc's capital expenditures?
Corteva Inc (CTVA) invested $591.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Corteva Inc spend on research and development?
Corteva Inc (CTVA) invested $1.5B in research and development during fiscal year 2025.
What is Corteva Inc's current ratio?
Corteva Inc (CTVA) had a current ratio of 1.43 as of fiscal year 2025, which is considered adequate.
What is Corteva Inc's debt-to-equity ratio?
Corteva Inc (CTVA) had a debt-to-equity ratio of 0.07 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Corteva Inc's return on assets (ROA)?
Corteva Inc (CTVA) had a return on assets of 2.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Corteva Inc's Piotroski F-Score?
Corteva Inc (CTVA) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Corteva Inc's earnings high quality?
Corteva Inc (CTVA) has an earnings quality ratio of 3.11x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Corteva Inc?
Corteva Inc (CTVA) scores 39 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.