C

Corteva, Inc.

CTVA · CIK 0001755672

8 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$17.40B2.9%
FY2025
Net income (FY)
$1.09B20.6%
FY2025
Free cash flow (FY)
$2.81B81.8%
FY2025
Diluted EPS (FY)
$1.6023.1%
FY2025
The story, charted

The shape of the business

FY2018–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$10BFY2018 · Revenue $14.29B · Net income −$5.07B · 0001755672-21-000008 · filed 2021-02-11FY18Revenue $14.29BNet income −$5.07B0001755672-21-000008 · filed 2021-02-11FY2019 · Revenue $13.85B · Net income −$959.0M · 0001755672-22-000005 · filed 2022-02-10FY19Revenue $13.85BNet income −$959.0M0001755672-22-000005 · filed 2022-02-10FY2020 · Revenue $14.22B · Net income $681.0M · 0001755672-23-000005 · filed 2023-02-09FY20Revenue $14.22BNet income $681.0M0001755672-23-000005 · filed 2023-02-09FY2021 · Revenue $15.65B · Net income $1.76B · 0001755672-24-000004 · filed 2024-02-08FY21Revenue $15.65BNet income $1.76B0001755672-24-000004 · filed 2024-02-08FY2022 · Revenue $17.45B · Net income $1.15B · 0001755672-25-000005 · filed 2025-02-14FY22Revenue $17.45BNet income $1.15B0001755672-25-000005 · filed 2025-02-14FY2023 · Revenue $17.23B · Net income $735.0M · 0001755672-26-000004 · filed 2026-02-12FY23Revenue $17.23BNet income $735.0M0001755672-26-000004 · filed 2026-02-12FY2024 · Revenue $16.91B · Net income $907.0M · 0001755672-26-000004 · filed 2026-02-12FY24Revenue $16.91BNet income $907.0M0001755672-26-000004 · filed 2026-02-12FY2025 · Revenue $17.40B · Net income $1.09B · 0001755672-26-000004 · filed 2026-02-12FY25Revenue $17.40BNet income $1.09B0001755672-26-000004 · filed 2026-02-12FY25Revenue $17.40BNet income $1.09B0001755672-26-000004 · filed 2026-02-12FY18FY19FY20FY21FY22FY23FY24FY25

revenue 1.2× since FY2018 · net margin -35.5% → 6.3%

MarginsNet marginFCF margin
-20%0%20%FY2018 · Net margin -35.5% · FCF margin -7.1%FY18Net margin -35.5%FCF margin -7.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin -6.9% · FCF margin -0.7%FY19Net margin -6.9%FCF margin -0.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 4.8% · FCF margin 11.2%FY20Net margin 4.8%FCF margin 11.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 11.2% · FCF margin 13.8%FY21Net margin 11.2%FCF margin 13.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 6.6% · FCF margin 1.5%FY22Net margin 6.6%FCF margin 1.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 4.3% · FCF margin 6.8%FY23Net margin 4.3%FCF margin 6.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 5.4% · FCF margin 9.2%FY24Net margin 5.4%FCF margin 9.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 6.3% · FCF margin 16.2%FY25Net margin 6.3%FCF margin 16.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 6.3%FCF margin 16.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’19’21’23’25

FY2025: net 6.3% · free cash flow 16.2% of revenue

Cash engineOperating cash flowFree cash flow
$0$2BFY2018 · OCF $483.0M · FCF −$1.02B · 0001755672-21-000008 · filed 2021-02-11FY18OCF $483.0MFCF −$1.02B0001755672-21-000008 · filed 2021-02-11FY2019 · OCF $1.07B · FCF −$93.0M · 0001755672-22-000005 · filed 2022-02-10FY19OCF $1.07BFCF −$93.0M0001755672-22-000005 · filed 2022-02-10FY2020 · OCF $2.06B · FCF $1.59B · 0001755672-23-000005 · filed 2023-02-09FY20OCF $2.06BFCF $1.59B0001755672-23-000005 · filed 2023-02-09FY2021 · OCF $2.73B · FCF $2.15B · 0001755672-24-000004 · filed 2024-02-08FY21OCF $2.73BFCF $2.15B0001755672-24-000004 · filed 2024-02-08FY2022 · OCF $872.0M · FCF $267.0M · 0001755672-25-000005 · filed 2025-02-14FY22OCF $872.0MFCF $267.0M0001755672-25-000005 · filed 2025-02-14FY2023 · OCF $1.77B · FCF $1.17B · 0001755672-26-000004 · filed 2026-02-12FY23OCF $1.77BFCF $1.17B0001755672-26-000004 · filed 2026-02-12FY2024 · OCF $2.15B · FCF $1.55B · 0001755672-26-000004 · filed 2026-02-12FY24OCF $2.15BFCF $1.55B0001755672-26-000004 · filed 2026-02-12FY2025 · OCF $3.41B · FCF $2.81B · 0001755672-26-000004 · filed 2026-02-12FY25OCF $3.41BFCF $2.81B0001755672-26-000004 · filed 2026-02-12FY25OCF $3.41BFCF $2.81B0001755672-26-000004 · filed 2026-02-12’19’21’23’25

FY2025: $3.41B operating cash − $591.0M capex = $2.81B free cash flow

Returns on capitalReturn on equityReturn on assets
-5%0%5%FY2018 · ROE -6.8% · ROA -4.7%FY18ROE -6.8%ROA -4.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE -3.9% · ROA -2.3%FY19ROE -3.9%ROA -2.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 2.7% · ROA 1.6%FY20ROE 2.7%ROA 1.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 6.9% · ROA 4.2%FY21ROE 6.9%ROA 4.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 4.5% · ROA 2.7%FY22ROE 4.5%ROA 2.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 2.9% · ROA 1.7%FY23ROE 2.9%ROA 1.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 3.8% · ROA 2.2%FY24ROE 3.8%ROA 2.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 4.5% · ROA 2.6%FY25ROE 4.5%ROA 2.6%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 4.5%ROA 2.6%derived: net income ÷ equity · derived: net income ÷ assets’19’21’23’25

return on equity -7% (FY2018) → 5% (FY2025) · on assets 2.6%

The receipts