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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	17,469	16,908	17,226	17,455	15,655	14,217
Revenue Growth (YoY)	5.00%	-1.85%	-1.31%	11.50%	10.12%	2.68%
Cost of Revenue	9,414	9,529	9,908	10,436	9,220	8,507
Gross Profit	8,055	7,379	7,318	7,019	6,435	5,710
Selling, General & Admin	3,420	3,340	3,295	3,010	1,891	2,675
Research & Development	1,426	1,402	1,337	1,216	1,187	1,142
Amortization of Goodwill & Intangibles	649	685	683	702	722	682
Operating Expenses	5,495	5,427	5,315	4,928	3,800	4,499
Operating Income	2,560	1,952	2,003	2,091	2,635	1,211
Interest Expense	-194	-233	-233	-79	-30	-45
Interest & Investment Income	131	132	283	124	77	56
Earnings From Equity Investments	17	15	10	20	14	-
Currency Exchange Gain (Loss)	-147	-284	-397	-229	-54	-174
Other Non Operating Income (Expenses)	51	65	-64	-73	-74	-36
EBT Excluding Unusual Items	2,418	1,647	1,602	1,854	2,568	1,012
Merger & Restructuring Charges	-227	-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	-	-101	-201	-78	6	-
Pretax Income	2,306	1,275	1,093	1,426	2,346	675
Income Tax Expense	615	412	152	210	524	-81
Earnings From Continuing Operations	1,691	863	941	1,216	1,822	756
Earnings From Discontinued Operations	-76	56	-194	-58	-53	-55
Net Income to Company	1,615	919	747	1,158	1,769	701
Minority Interest in Earnings	-10	-12	-12	-11	-10	-20
Net Income	1,605	907	735	1,147	1,759	681
Net Income to Common	1,605	907	735	1,147	1,759	681
Net Income Growth	130.94%	23.40%	-35.92%	-34.79%	158.30%	-
Shares Outstanding (Basic)	683	694	709	721	736	749
Shares Outstanding (Diluted)	685	696	712	725	742	751
Shares Change (YoY)	-2.26%	-2.23%	-1.74%	-2.31%	-1.28%	0.23%
EPS (Basic)	2.35	1.31	1.04	1.59	2.39	0.91
EPS (Diluted)	2.35	1.30	1.03	1.58	2.37	0.91
EPS Growth	139.00%	26.57%	-34.97%	-33.29%	161.20%	-
Free Cash Flow	2,654	1,548	1,174	267	2,154	1,589
Free Cash Flow Per Share	3.88	2.22	1.65	0.37	2.90	2.12
Dividend Per Share	0.700	0.670	0.630	0.590	0.550	0.520
Dividend Growth	6.06%	6.35%	6.78%	7.27%	5.77%	33.33%
Gross Margin	46.11%	43.64%	42.48%	40.21%	41.11%	40.16%
Operating Margin	14.66%	11.54%	11.63%	11.98%	16.83%	8.52%
Profit Margin	9.19%	5.36%	4.27%	6.57%	11.24%	4.79%
Free Cash Flow Margin	15.19%	9.16%	6.82%	1.53%	13.76%	11.18%
EBITDA	3,759	3,179	3,214	3,314	3,878	2,388
EBITDA Margin	21.52%	18.80%	18.66%	18.99%	24.77%	16.80%
D&A For EBITDA	1,199	1,227	1,211	1,223	1,243	1,177
EBIT	2,560	1,952	2,003	2,091	2,635	1,211
EBIT Margin	14.66%	11.54%	11.63%	11.98%	16.83%	8.52%
Effective Tax Rate	26.67%	32.31%	13.91%	14.73%	22.34%	-

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