Corteva Statistics
Total Valuation
Corteva has a market cap or net worth of $37.71 billion. The enterprise value is $37.46 billion.
| Market Cap | 37.71B |
| Enterprise Value | 37.46B |
Important Dates
The next confirmed earnings date is Wednesday, May 1, 2024, after market close.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | Feb 29, 2024 |
Share Statistics
Corteva has 698.88 million shares outstanding. The number of shares has decreased by -1.37% in one year.
| Shares Outstanding | 698.88M |
| Shares Change (YoY) | -1.37% |
| Shares Change (QoQ) | -0.71% |
| Owned by Insiders (%) | 0.09% |
| Owned by Institutions (%) | 82.75% |
| Float | n/a |
Valuation Ratios
The trailing PE ratio is 52.39 and the forward PE ratio is 18.82. Corteva's PEG ratio is 2.35.
| PE Ratio | 52.39 |
| Forward PE | 18.82 |
| PS Ratio | 2.19 |
| Forward PS | 2.10 |
| PB Ratio | 1.51 |
| P/FCF Ratio | 32.12 |
| PEG Ratio | 2.35 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 16.07, with an EV/FCF ratio of 31.91.
| EV / Earnings | 50.96 |
| EV / Sales | 2.17 |
| EV / EBITDA | 16.07 |
| EV / EBIT | 33.45 |
| EV / FCF | 31.91 |
Financial Position
The company has a current ratio of 1.56, with a Debt / Equity ratio of 0.10.
| Current Ratio | 1.56 |
| Quick Ratio | 0.79 |
| Debt / Equity | 0.10 |
| Debt / EBITDA | 1.07 |
| Debt / FCF | 2.12 |
| Interest Coverage | 4.81 |
Financial Efficiency
Return on equity (ROE) is 2.90% and return on invested capital (ROIC) is 5.34%.
| Return on Equity (ROE) | 2.90% |
| Return on Assets (ROA) | 1.70% |
| Return on Capital (ROIC) | 5.34% |
| Revenue Per Employee | $765,600 |
| Profits Per Employee | $32,667 |
| Employee Count | 22,500 |
| Asset Turnover | 0.39 |
| Inventory Turnover | 1.45 |
Taxes
In the past 12 months, Corteva has paid $152.00 million in taxes.
| Income Tax | 152.00M |
| Effective Tax Rate | 17.14% |
Stock Price Statistics
The stock price has decreased by -14.31% in the last 52 weeks. The beta is 0.77, so Corteva's price volatility has been lower than the market average.
| Beta (1Y) | 0.77 |
| 52-Week Price Change | -14.31% |
| 50-Day Moving Average | 55.10 |
| 200-Day Moving Average | 51.08 |
| Relative Strength Index (RSI) | 40.28 |
| Average Volume (30 Days) | 3,711,232 |
Short Selling Information
The latest short interest is 9.54 million, so 1.37% of the outstanding shares have been sold short.
| Short Interest | 9.54M |
| Short Previous Month | 6.73M |
| Short % of Shares Out | 1.37% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 2.57 |
Income Statement
In the last 12 months, Corteva had revenue of $17.23 billion and earned $735.00 million in profits. Earnings per share was $1.03.
| Revenue | 17.23B |
| Gross Profit | 7.31B |
| Operating Income | 1.77B |
| Pretax Income | 887.00M |
| Net Income | 735.00M |
| EBITDA | 2.33B |
| EBIT | 1.12B |
| Earnings Per Share (EPS) | $1.03 |
Balance Sheet
The company has $2.74 billion in cash and $2.49 billion in debt, giving a net cash position of $253.00 million or $0.36 per share.
| Cash & Cash Equivalents | 2.74B |
| Total Debt | 2.49B |
| Net Cash | 253.00M |
| Net Cash Per Share | $0.36 |
| Equity / Book Value | 25.04B |
| Book Value Per Share | 35.82 |
| Working Capital | 5.85B |
Cash Flow
In the last 12 months, operating cash flow was $1.77 billion and capital expenditures -$595.00 million, giving a free cash flow of $1.17 billion.
| Operating Cash Flow | 1.77B |
| Capital Expenditures | -595.00M |
| Free Cash Flow | 1.17B |
| FCF Per Share | $1.67 |
Margins
Gross margin is 42.41%, with operating and profit margins of 10.30% and 4.27%.
| Gross Margin | 42.41% |
| Operating Margin | 10.30% |
| Pretax Margin | 5.15% |
| Profit Margin | 4.27% |
| EBITDA Margin | 13.53% |
| EBIT Margin | 6.50% |
| FCF Margin | 6.82% |
Dividends & Yields
This stock pays an annual dividend of $0.64, which amounts to a dividend yield of 1.19%.
| Dividend Per Share | $0.64 |
| Dividend Yield | 1.19% |
| Dividend Growth (YoY) | 6.78% |
| Years of Dividend Growth | 5 |
| Payout Ratio | 62.14% |
| Buyback Yield | 1.37% |
| Shareholder Yield | 2.55% |
| Earnings Yield | 1.95% |
| FCF Yield | 3.11% |
Analyst Forecast
The average price target for Corteva is $62.95, which is 16.66% higher than the current price. The consensus rating is "Buy".
| Price Target | $62.95 |
| Price Target Difference | 16.66% |
| Analyst Consensus | Buy |
| Analyst Count | 21 |
| Revenue Growth Forecast (5Y) | 4.42% |
| EPS Growth Forecast (5Y) | n/a |
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 1.93 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.93 |
| Piotroski F-Score | 6 |