Corteva Statistics
Total Valuation
Corteva has a market cap or net worth of $39.38 billion. The enterprise value is $42.29 billion.
Important Dates
The next confirmed earnings date is Wednesday, November 6, 2024, after market close.
| Earnings Date | Nov 6, 2024 |
| Ex-Dividend Date | Sep 3, 2024 |
Share Statistics
Corteva has 692.25 million shares outstanding. The number of shares has decreased by -1.80% in one year.
| Shares Outstanding | 692.25M |
| Shares Change (YoY) | -1.80% |
| Shares Change (QoQ) | -0.67% |
| Owned by Insiders (%) | 0.12% |
| Owned by Institutions (%) | 84.58% |
| Float | 690.87M |
Valuation Ratios
The trailing PE ratio is 44.96 and the forward PE ratio is 18.53. Corteva's PEG ratio is 1.58.
| PE Ratio | 44.96 |
| Forward PE | 18.53 |
| PS Ratio | 2.36 |
| Forward PS | 2.15 |
| PB Ratio | 1.57 |
| P/FCF Ratio | 26.20 |
| PEG Ratio | 1.58 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 13.16, with an EV/FCF ratio of 28.14.
| EV / Earnings | 47.09 |
| EV / Sales | 2.50 |
| EV / EBITDA | 13.16 |
| EV / EBIT | 21.39 |
| EV / FCF | 28.14 |
Financial Position
The company has a current ratio of 1.72, with a Debt / Equity ratio of 0.19.
| Current Ratio | 1.72 |
| Quick Ratio | 1.07 |
| Debt / Equity | 0.19 |
| Debt / EBITDA | 1.38 |
| Debt / FCF | 3.14 |
| Interest Coverage | 8.71 |
Financial Efficiency
Return on equity (ROE) is 3.42% and return on invested capital (ROIC) is 3.99%.
| Return on Equity (ROE) | 3.42% |
| Return on Assets (ROA) | 2.89% |
| Return on Capital (ROIC) | 3.99% |
| Revenue Per Employee | $751,156 |
| Profits Per Employee | $39,911 |
| Employee Count | 22,500 |
| Asset Turnover | 0.39 |
| Inventory Turnover | 1.81 |
Taxes
In the past 12 months, Corteva has paid $167.00 million in taxes.
| Income Tax | 167.00M |
| Effective Tax Rate | 15.86% |
Stock Price Statistics
The stock price has increased by +13.67% 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 | +13.67% |
| 50-Day Moving Average | 55.42 |
| 200-Day Moving Average | 53.74 |
| Relative Strength Index (RSI) | 49.05 |
| Average Volume (20 Days) | 2,820,282 |
Short Selling Information
| Short Interest | n/a |
| Short Previous Month | n/a |
| Short % of Shares Out | n/a |
| Short % of Float | n/a |
| Short Ratio (days to cover) | n/a |
Income Statement
In the last 12 months, Corteva had revenue of $16.90 billion and earned $898.00 million in profits. Earnings per share was $1.27.
| Revenue | 16.90B |
| Gross Profit | 7.38B |
| Operating Income | 1.98B |
| Pretax Income | 1.07B |
| Net Income | 898.00M |
| EBITDA | 3.21B |
| EBIT | 1.98B |
| Earnings Per Share (EPS) | $1.27 |
Full Income StatementBalance Sheet
The company has $1.96 billion in cash and $4.72 billion in debt, giving a net cash position of -$2.66 billion or -$3.85 per share.
| Cash & Cash Equivalents | 1.96B |
| Total Debt | 4.72B |
| Net Cash | -2.66B |
| Net Cash Per Share | -$3.85 |
| Equity (Book Value) | 25.42B |
| Book Value Per Share | 36.30 |
| Working Capital | 6.41B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $2.11 billion and capital expenditures -$607.00 million, giving a free cash flow of $1.50 billion.
| Operating Cash Flow | 2.11B |
| Capital Expenditures | -607.00M |
| Free Cash Flow | 1.50B |
| FCF Per Share | $2.17 |
Full Cash Flow StatementMargins
Gross margin is 43.68%, with operating and profit margins of 11.70% and 5.31%.
| Gross Margin | 43.68% |
| Operating Margin | 11.70% |
| Pretax Margin | 6.23% |
| Profit Margin | 5.31% |
| EBITDA Margin | 19.02% |
| EBIT Margin | 11.70% |
| FCF Margin | 8.89% |
Dividends & Yields
This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 1.20%.
| Dividend Per Share | $0.68 |
| Dividend Yield | 1.20% |
| Dividend Growth (YoY) | 6.56% |
| Years of Dividend Growth | 5 |
| Payout Ratio | 53.74% |
| Buyback Yield | 1.80% |
| Shareholder Yield | 2.99% |
| Earnings Yield | 2.28% |
| FCF Yield | 3.82% |
Dividend DetailsAnalyst Forecast
The average price target for Corteva is $61.44, which is 8.00% higher than the current price. The consensus rating is "Buy".
| Price Target | $61.44 |
| Price Target Difference | 8.00% |
| Analyst Consensus | Buy |
| Analyst Count | 20 |
| Revenue Growth Forecast (5Y) | 3.20% |
| EPS Growth Forecast (5Y) | 31.63% |
Stock ForecastsStock 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 2.15 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.15 |
| Piotroski F-Score | 6 |