Corteva, Inc. (LON:0A1W)

Corteva Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	17,177	16,908	17,226	17,455	15,655	14,217
Revenue Growth (YoY)	1.63%	-1.85%	-1.31%	11.50%	10.12%	2.68%
Cost of Revenue	9,335	9,529	9,908	10,436	9,220	8,507
Gross Profit	7,842	7,379	7,318	7,019	6,435	5,710
Selling, General & Admin	3,397	3,340	3,295	3,010	1,891	2,675
Research & Development	1,423	1,402	1,337	1,216	1,187	1,142
Operating Expenses	5,477	5,427	5,315	4,928	3,800	4,499
Operating Income	2,365	1,952	2,003	2,091	2,635	1,211
Interest Expense	-214	-233	-233	-79	-30	-45
Interest & Investment Income	135	132	283	124	77	56
Earnings From Equity Investments	18	15	10	20	14	-
Currency Exchange Gain (Loss)	-199	-284	-397	-229	-54	-174
Other Non Operating Income (Expenses)	66	65	-64	-73	-74	-36
EBT Excluding Unusual Items	2,171	1,647	1,602	1,854	2,568	1,012
Merger & Restructuring Charges	-222	-288	-330	-368	-289	-335
Gain (Loss) on Sale of Investments	-	-	-	-	40	-
Gain (Loss) on Sale of Assets	17	17	22	18	21	-2
Other Unusual Items	77	-101	-201	-78	6	-
Pretax Income	2,043	1,275	1,093	1,426	2,346	675
Income Tax Expense	563	412	152	210	524	-81
Earnings From Continuing Operations	1,480	863	941	1,216	1,822	756
Earnings From Discontinued Operations	-68	56	-194	-58	-53	-55
Net Income to Company	1,412	919	747	1,158	1,769	701
Minority Interest in Earnings	-11	-12	-12	-11	-10	-20
Net Income	1,401	907	735	1,147	1,759	681
Net Income to Common	1,401	907	735	1,147	1,759	681
Net Income Growth	56.01%	23.40%	-35.92%	-34.79%	158.30%	-
Shares Outstanding (Basic)	686	694	709	721	736	749
Shares Outstanding (Diluted)	688	696	712	725	742	751
Shares Change (YoY)	-2.35%	-2.23%	-1.74%	-2.31%	-1.28%	0.23%
EPS (Basic)	2.04	1.31	1.04	1.59	2.39	0.91
EPS (Diluted)	2.03	1.30	1.03	1.58	2.37	0.91
EPS Growth	60.76%	26.57%	-34.97%	-33.29%	161.20%	-
Free Cash Flow	2,594	1,548	1,174	267	2,154	1,589
Free Cash Flow Per Share	3.77	2.22	1.65	0.37	2.90	2.12
Dividend Per Share	0.690	0.670	0.630	0.590	0.550	0.520
Dividend Growth	6.15%	6.35%	6.78%	7.27%	5.77%	33.33%
Gross Margin	45.65%	43.64%	42.48%	40.21%	41.11%	40.16%
Operating Margin	13.77%	11.54%	11.63%	11.98%	16.83%	8.52%
Profit Margin	8.16%	5.36%	4.27%	6.57%	11.24%	4.79%
Free Cash Flow Margin	15.10%	9.16%	6.82%	1.53%	13.76%	11.18%
EBITDA	3,570	3,179	3,214	3,314	3,878	2,388
EBITDA Margin	20.78%	18.80%	18.66%	18.99%	24.77%	16.80%
D&A For EBITDA	1,205	1,227	1,211	1,223	1,243	1,177
EBIT	2,365	1,952	2,003	2,091	2,635	1,211
EBIT Margin	13.77%	11.54%	11.63%	11.98%	16.83%	8.52%
Effective Tax Rate	27.56%	32.31%	13.91%	14.73%	22.34%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.