Corteva Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	17,226	17,455	15,655	14,217	13,846	14,287
Revenue Growth (YoY)	-1.31%	11.50%	10.11%	2.68%	-3.09%	-
Cost of Revenue	9,920	10,436	9,220	8,507	8,575	9,948
Gross Profit	7,306	7,019	6,435	5,710	5,271	4,339
Selling, General & Admin	3,176	3,173	3,209	3,043	3,065	3,041
Research & Development	1,337	1,216	1,187	1,142	1,147	1,355
Other Operating Expenses	1,019	1,065	1,011	1,017	1,441	6,580
Operating Expenses	5,532	5,454	5,407	5,202	5,653	10,976
Operating Income	1,774	1,565	1,028	508	-382	-6,637
Interest Expense / Income	233	79	30	45	136	337
Other Expense / Income	654	129	-1,285	-137	487	-1,878
Pretax Income	887	1,357	2,283	600	-1,005	-5,096
Income Tax	152	210	524	-81	-46	-31
Net Income	735	1,147	1,759	681	-959	-5,065
Net Income Growth	-35.92%	-34.79%	158.30%	-	-	-
Shares Outstanding (Basic)	705	714	729	745	748	749
Shares Change	-1.37%	-1.98%	-2.16%	-0.45%	-0.05%	-
EPS (Basic)	1.04	1.59	2.39	0.91	-1.28	-6.76
EPS (Diluted)	1.03	1.58	2.37	0.91	-1.28	-6.76
EPS Growth	-34.81%	-33.33%	160.44%	-	-	-
Free Cash Flow	1,174	267	2,154	1,589	-93	-1,018
Free Cash Flow Per Share	1.67	0.37	2.96	2.13	-0.12	-1.36
Dividend Per Share	0.620	0.580	0.540	0.520	0.260	-
Dividend Growth	6.90%	7.41%	3.85%	100.00%	-	-
Gross Margin	42.41%	40.21%	41.11%	40.16%	38.07%	30.37%
Operating Margin	10.30%	8.97%	6.57%	3.57%	-2.76%	-46.45%
Profit Margin	4.27%	6.57%	11.24%	4.79%	-6.93%	-35.45%
Free Cash Flow Margin	6.82%	1.53%	13.76%	11.18%	-0.67%	-7.13%
Effective Tax Rate	17.14%	15.48%	22.95%	-13.50%	-	-
EBITDA	2,331	2,659	3,556	1,822	730	-1,969
EBITDA Margin	13.53%	15.23%	22.71%	12.82%	5.27%	-13.78%
Depreciation & Amortization	1,211	1,223	1,243	1,177	1,599	2,790
EBIT	1,120	1,436	2,313	645	-869	-4,759
EBIT Margin	6.50%	8.23%	14.77%	4.54%	-6.28%	-33.31%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).