Corteva Statistics
Total Valuation
Corteva has a market cap or net worth of $40.39 billion. The enterprise value is $43.74 billion.
| Market Cap | 40.39B |
| Enterprise Value | 43.74B |
Important Dates
The last earnings date was Wednesday, November 6, 2024, after market close.
| Earnings Date | Nov 6, 2024 |
| Ex-Dividend Date | Dec 2, 2024 |
Share Statistics
Corteva has 687.29 million shares outstanding. The number of shares has decreased by -2.02% in one year.
| Current Share Class | 687.29M |
| Shares Outstanding | 687.29M |
| Shares Change (YoY) | -2.02% |
| Shares Change (QoQ) | -1.00% |
| Owned by Insiders (%) | 0.12% |
| Owned by Institutions (%) | 86.70% |
| Float | 685.87M |
Valuation Ratios
The trailing PE ratio is 59.81 and the forward PE ratio is 18.79. Corteva's PEG ratio is 1.78.
| PE Ratio | 59.81 |
| Forward PE | 18.79 |
| PS Ratio | 2.46 |
| Forward PS | 2.19 |
| PB Ratio | 1.64 |
| P/TBV Ratio | 8.04 |
| P/FCF Ratio | 23.13 |
| P/OCF Ratio | 17.22 |
| PEG Ratio | 1.78 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.51, with an EV/FCF ratio of 25.05.
| EV / Earnings | 62.94 |
| EV / Sales | 2.63 |
| EV / EBITDA | 14.51 |
| EV / EBIT | 24.62 |
| EV / FCF | 25.05 |
Financial Position
The company has a current ratio of 1.50, with a Debt / Equity ratio of 0.23.
| Current Ratio | 1.50 |
| Quick Ratio | 0.88 |
| Debt / Equity | 0.23 |
| Debt / EBITDA | 1.78 |
| Debt / FCF | 3.27 |
| Interest Coverage | 7.56 |
Financial Efficiency
Return on equity (ROE) is 2.70% and return on invested capital (ROIC) is 3.58%.
| Return on Equity (ROE) | 2.70% |
| Return on Assets (ROA) | 2.61% |
| Return on Capital (ROIC) | 3.58% |
| Revenue Per Employee | $739,422 |
| Profits Per Employee | $30,889 |
| Employee Count | 22,500 |
| Asset Turnover | 0.39 |
| Inventory Turnover | 1.57 |
Taxes
In the past 12 months, Corteva has paid $182.00 million in taxes.
| Income Tax | 182.00M |
| Effective Tax Rate | 21.06% |
Stock Price Statistics
The stock price has increased by +24.18% in the last 52 weeks. The beta is 0.77, so Corteva's price volatility has been lower than the market average.
| Beta (5Y) | 0.77 |
| 52-Week Price Change | +24.18% |
| 50-Day Moving Average | 58.49 |
| 200-Day Moving Average | 55.56 |
| Relative Strength Index (RSI) | 50.79 |
| Average Volume (20 Days) | 3,522,555 |
Short Selling Information
The latest short interest is 10.16 million, so 1.48% of the outstanding shares have been sold short.
| Short Interest | 10.16M |
| Short Previous Month | 8.88M |
| Short % of Shares Out | 1.48% |
| Short % of Float | 1.48% |
| Short Ratio (days to cover) | 3.87 |
Income Statement
In the last 12 months, Corteva had revenue of $16.64 billion and earned $695.00 million in profits. Earnings per share was $0.98.
| Revenue | 16.64B |
| Gross Profit | 7.20B |
| Operating Income | 1.78B |
| Pretax Income | 1.07B |
| Net Income | 695.00M |
| EBITDA | 3.01B |
| EBIT | 1.78B |
| Earnings Per Share (EPS) | $0.98 |
Balance Sheet
The company has $2.49 billion in cash and $5.72 billion in debt, giving a net cash position of -$3.12 billion or -$4.54 per share.
| Cash & Cash Equivalents | 2.49B |
| Total Debt | 5.72B |
| Net Cash | -3.12B |
| Net Cash Per Share | -$4.54 |
| Equity (Book Value) | 24.98B |
| Book Value Per Share | 35.89 |
| Working Capital | 5.23B |
Cash Flow
In the last 12 months, operating cash flow was $2.35 billion and capital expenditures -$599.00 million, giving a free cash flow of $1.75 billion.
| Operating Cash Flow | 2.35B |
| Capital Expenditures | -599.00M |
| Free Cash Flow | 1.75B |
| FCF Per Share | $2.54 |
Margins
Gross margin is 43.28%, with operating and profit margins of 10.68% and 4.18%.
| Gross Margin | 43.28% |
| Operating Margin | 10.68% |
| Pretax Margin | 5.19% |
| Profit Margin | 4.18% |
| EBITDA Margin | 18.12% |
| EBIT Margin | 10.68% |
| FCF Margin | 8.89% |
Dividends & Yields
This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 1.16%.
| Dividend Per Share | $0.68 |
| Dividend Yield | 1.16% |
| Dividend Growth (YoY) | 6.45% |
| Years of Dividend Growth | 5 |
| Payout Ratio | 69.22% |
| Buyback Yield | 2.02% |
| Shareholder Yield | 3.18% |
| Earnings Yield | 1.72% |
| FCF Yield | 4.32% |
Analyst Forecast
The average price target for Corteva is $63.72, which is 8.44% higher than the current price. The consensus rating is "Buy".
| Price Target | $63.72 |
| Price Target Difference | 8.44% |
| Analyst Consensus | Buy |
| Analyst Count | 20 |
| Revenue Growth Forecast (5Y) | 3.20% |
| EPS Growth Forecast (5Y) | 31.63% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Corteva has an Altman Z-Score of 1.99 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.99 |
| Piotroski F-Score | 6 |