Market Summary
USD56.84+0.03
Market Closed0.05%
CTVA Stock Price
CTVA RSI Chart
CTVA Valuation
CTVA Price/Sales (Trailing)
CTVA Profitability
CTVA Fundamentals
CTVA Revenue
CTVA Earnings
Price Action
52 Week Range
49.5667.96
(Low)(High)
Last 7 days
-0.2%
Last 30 days
-8.2%
Last 90 days
-4.3%
Trailing 12 Months
-1.9%
CTVA Financial Health
CTVA Investor Care
Peers (Alternatives to Corteva)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
SHW | 54.7B | 22.1B | -4.84% | -14.85% | 27.08 | 2.47 | 11.05% | 8.35% |
ECL | 45.6B | 14.2B | 0.70% | -8.70% | 41.79 | 3.22 | 11.42% | -3.38% |
CTVA | 40.6B | 17.5B | -8.23% | -1.88% | 35.35 | 2.32 | 11.50% | -34.79% |
PPG | 26.8B | 17.7B | -2.51% | -1.70% | 24.98 | 1.52 | 5.06% | -28.70% |
IFF | 21.5B | 12.4B | -11.63% | -33.70% | -11.53 | 1.73 | 6.73% | -768.10% |
| MID-CAP | ||||||||
OLN | 6.9B | 9.4B | -13.84% | -1.19% | 5.17 | 0.73 | 5.23% | 2.33% |
VVV | 5.8B | 1.3B | -3.31% | 9.38% | 13.89 | 4.54 | 15.56% | -0.33% |
AXTA | 5.3B | 4.9B | -2.29% | 14.60% | 26.11 | 1.1 | 10.60% | -27.40% |
HUN | 4.9B | 8.0B | -7.01% | -33.03% | 10.74 | 0.62 | 4.60% | -55.98% |
GCP | 2.4B | 999.6M | 1.27% | 44.25% | 215.39 | 2.37 | 3.34% | -90.08% |
SCL | 2.3B | 2.8B | -5.07% | -0.99% | 15.33 | 0.81 | 18.21% | 6.78% |
| SMALL-CAP | ||||||||
TREC | 232.0M | - | 0.72% | 17.91% | 25.81 | 0.77 | - | - |
CMT | 140.6M | 377.4M | 4.51% | 47.79% | 11.52 | 0.37 | 22.73% | 161.25% |
Financials for Corteva
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 2.0% | 17,455 | 17,109 | 16,703 | 16,078 | 15,655 |
| S&GA Expenses | -1.3% | 3,173 | 3,215 | 3,230 | 3,211 | 3,209 |
| R&D Expenses | 2.0% | 1,216 | 1,192 | 1,177 | 1,174 | 1,187 |
| EBITDA | 19.6% | 2,724 | 2,278 | 2,804 | 2,897 | - |
| EBITDA Margin | 14.4% | 0.16* | 0.14* | 0.17* | 0.19* | - |
| Earnings Before Taxes | -23.9% | 1,426 | 1,874 | 2,278 | 2,253 | 2,346 |
| EBT Margin | -25.4% | 0.08* | 0.11* | 0.14* | 0.14* | - |
| Interest Expenses | 150.0% | 75.00 | 30.00 | - | - | - |
| Net Income | -16.1% | 1,147 | 1,367 | 1,728 | 1,729 | 1,759 |
| Net Income Margin | -17.8% | 0.07* | 0.08* | 0.10* | 0.11* | - |
| Free Cahsflow | -37.7% | 872 | 1,400 | 1,749 | 1,947 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 4.8% | 42,618 | 40,651 | 40,906 | 42,633 | 42,344 |
| Current Assets | 11.6% | 16,795 | 15,045 | 14,764 | 15,878 | 15,546 |
| Cash Equivalents | 45.1% | 3,191 | 2,199 | 2,401 | 2,031 | 4,459 |
| Inventory | 25.8% | 6,811 | 5,415 | 4,184 | 4,986 | 5,180 |
| Net PPE | 1.6% | 4,254 | 4,185 | 4,300 | 4,333 | 4,329 |
| Goodwill | 1.7% | 9,962 | 9,791 | 9,987 | 10,109 | 10,107 |
| Current Liabilities | 20.5% | 10,744 | 8,918 | 7,856 | 9,653 | 9,558 |
| Long Term Debt | 0.5% | 1,283 | 1,277 | 1,283 | 1,154 | 1,100 |
| LT Debt, Current | NaN% | - | - | - | 1.00 | - |
| Shareholder's Equity | 1.8% | 25,302 | 24,844 | 26,071 | 25,936 | 25,384 |
| Retained Earnings | -59.3% | 250 | 614 | 1,252 | 750 | 524 |
| Additional Paid-In Capital | 0.1% | 27,851 | 27,815 | 27,795 | 27,760 | 27,751 |
| Accumulated Depreciation | 0.9% | 4,297 | 4,259 | 4,232 | 4,150 | 4,035 |
| Shares Outstanding | -0.4% | 713 | 716 | 719 | 725 | 727 |
| Minority Interest | -0.4% | 239 | 240 | 240 | 240 | 239 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -37.7% | 872 | 1,400 | 1,749 | 1,947 | 2,727 |
| Cashflow From Investing | -5.3% | -632 | -600 | -780 | -802 | -362 |
| Cashflow From Financing | -21.9% | -1,180 | -968 | -1,133 | -1,373 | -1,266 |
| Dividend Payments | -9.7% | -418 | -381 | -386 | -392 | -397 |
| Buy Backs | 0% | 1,000 | 1,000 | 1,000 | 835 | 950 |
Risks for CTVA
What is the probability of a big loss on CTVA?
24.3%
Probability that Corteva stock will be more than 20% underwater in next one year
0%
Probability that Corteva stock will be more than 30% underwater in next one year.
0%
Probability that Corteva stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does CTVA drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Corteva was unfortunately bought at previous high price.
Drawdowns
Returns for CTVA
Cumulative Returns on CTVA
38.3%
3-Year Cumulative Returns
Which funds bought or sold CTVA recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | added | 56.6 | 403,116 | 1,064,120 | 0.03% |
2023-03-10 | MATHER GROUP, LLC. | added | 0.62 | 24,788 | 748,788 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -54.99 | -128,371,000 | 110,645,000 | 0.12% |
2023-03-08 | Capital Asset Advisory Services LLC | added | 0.21 | 25,208 | 856,208 | 0.07% |
2023-03-07 | Great Lakes Retirement, Inc. | new | - | 242,617 | 242,617 | 0.06% |
2023-03-06 | BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL | unchanged | - | 22,573 | 815,573 | 0.31% |
2023-03-06 | NORTH STAR ASSET MANAGEMENT INC | new | - | 223,482 | 223,482 | 0.01% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 7.59 | 187,000 | 1,943,000 | 0.01% |
2023-03-03 | TIAA, FSB | reduced | -5.17 | -18,714 | 726,286 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 2,384,530 | 2,384,530 | 0.03% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Corteva News
Schedule 13G FIlings of Corteva
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 11.44% | 82,226,470 | SC 13G/A | |
| Feb 03, 2023 | blackrock inc. | 8.4% | 60,186,650 | SC 13G/A | |
| Feb 03, 2023 | state street corp | 4.72% | 33,946,407 | SC 13G/A | |
| Feb 14, 2022 | state street corp | 5.11% | 37,315,246 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 10.88% | 79,487,323 | SC 13G/A | |
| Feb 07, 2022 | blackrock inc. | 8.2% | 59,759,602 | SC 13G/A | |
| Feb 12, 2021 | state street corp | 5.68% | 42,528,693 | SC 13G | |
| Feb 10, 2021 | vanguard group inc | 11.36% | 85,050,272 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 8.7% | 64,556,175 | SC 13G/A | |
| Mar 06, 2020 | vanguard group inc | 10.04% | 75,224,938 | SC 13G/A |
CTVA Fair Value
Corteva fair value in different scenarios
The table shows the Fair Value estimates for Corteva for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 22.58 -60.27% | 33.01 -41.92% | 43.93 -22.71% | 57.56 1.27% | 69.83 22.85% |
| Current Inflation | 20.75 -63.49% | 29.68 -47.78% | 38.75 -31.83% | 50.10 -11.86% | 60.28 6.05% |
| Very High Inflation | 18.48 -67.49% | 25.67 -54.84% | 32.69 -42.49% | 41.49 -27.01% | 49.36 -13.16% |
Historical Corteva Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Corteva
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 10, 2023 | ARS | ARS | |
| Mar 10, 2023 | DEF 14A | DEF 14A | |
| Mar 10, 2023 | DEFA14A | DEFA14A | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for CTVA
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-02-28 | Eathington Samuel R | acquired | - | - | 4,496 | see remarks |
2023-02-28 | Magro Charles V. | acquired | - | - | 32,911 | chief executive officer |
2023-02-28 | FUERER CORNEL B | acquired | - | - | 4,496 | svp, gen counsel and secretary |
2023-02-28 | ANDERSON DAVID J | acquired | - | - | 9,954 | evp, chief financial officer |
2023-02-28 | GLENN TIMOTHY P | acquired | - | - | 5,459 | evp, seed business unit |
2023-02-28 | Grimm Audrey | acquired | - | - | 2,810 | see remarks |
2023-02-28 | King Robert D. | acquired | - | - | 4,817 | evp, crop protection business |
2023-02-28 | TITUS BRIAN | acquired | - | - | 964 | see remarks |
2023-02-26 | Grimm Audrey | sold (taxes) | -7,520 | 61.145 | -123 | see remarks |
2023-02-26 | TITUS BRIAN | sold (taxes) | -45,675 | 61.145 | -747 | see remarks |
Corteva, Inc. operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics. This segment also provides digital solutions that assist farmer decision-making with a view to optimize product selection, and maximize yield and profitability. The Crop Protection segment offers products that protect against weeds, insects and other pests, and diseases, as well as enhances crop health above and below ground through nitrogen management and seed-applied technologies. This segment provides herbicides, insecticides, nitrogen stabilizers, and pasture and range management herbicides. It serves agricultural input industry. The company operates in the United States, Canada, Latin America, the Asia Pacific, Europe, the Middle East, and Africa. Corteva, Inc. was incorporated in 2018 and is headquartered in Indianapolis, Indiana.
CTVA Income Statement
2022-09-30Consolidated Statements of Operations - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
| Net Sales | $ 2,777 | $ 2,371 | $ 13,630 | $ 12,176 |
| Cost of Goods Sold | 1,879 | 1,558 | 7,926 | 6,988 |
| Research and Development Expense | 312 | 297 | 876 | 871 |
| Selling, General and Administrative Expenses | 657 | 672 | 2,409 | 2,403 |
| Amortization of Intangibles | 178 | 180 | 536 | 543 |
| Restructuring and Asset related charges, net | 152 | 26 | 300 | 261 |
| Other income - net | 23 | 378 | 89 | 1,013 |
| Interest Expense | 18 | 8 | 43 | 22 |
| Income from continuing operations before income taxes | (396) | 8 | 1,629 | 2,101 |
| Provision for (benefit from) income taxes on continuing operations | (74) | (28) | 372 | 434 |
| Income from continuing operations after income taxes | (322) | 36 | 1,257 | 1,667 |
| Income (loss) from discontinued operations after income taxes | (6) | (4) | (46) | (59) |
| Net income | (328) | 32 | 1,211 | 1,608 |
| Net income attributable to noncontrolling interests | 3 | 2 | 9 | 8 |
| Net income attributable to Corteva | $ (331) | $ 30 | $ 1,202 | $ 1,600 |
| Basic earnings (loss) per share of common stock from continuing operations | $ (0.45) | $ 0.05 | $ 1.73 | $ 2.25 |
| Basic earnings (loss) per share of common stock from discontinued operations | (0.01) | (0.01) | (0.06) | (0.08) |
| Basic earnings (loss) per share of common stock | (0.46) | 0.04 | 1.67 | 2.17 |
| Diluted earnings (loss) per share of common stock from continuing operations | (0.45) | 0.05 | 1.72 | 2.23 |
| Diluted earnings (loss) per share of common stock from discontinued operations | (0.01) | (0.01) | (0.06) | (0.08) |
| Diluted earnings (loss) per share of common stock | $ (0.46) | $ 0.04 | $ 1.66 | $ 2.15 |
| EID [Member] | ||||
| Net Sales | $ 2,777 | $ 2,371 | $ 13,630 | $ 12,176 |
| Cost of Goods Sold | 1,879 | 1,558 | 7,926 | 6,988 |
| Research and Development Expense | 312 | 297 | 876 | 871 |
| Selling, General and Administrative Expenses | 657 | 672 | 2,409 | 2,403 |
| Amortization of Intangibles | 178 | 180 | 536 | 543 |
| Restructuring and Asset related charges, net | 152 | 26 | 300 | 261 |
| Other income - net | 23 | 378 | 89 | 1,013 |
| Interest Expense | 32 | 19 | 76 | 61 |
| Income from continuing operations before income taxes | (410) | (3) | 1,596 | 2,062 |
| Provision for (benefit from) income taxes on continuing operations | (77) | (30) | 364 | 425 |
| Income from Continuing Operations After Taxes | (333) | 27 | 1,232 | 1,637 |
| Income (loss) from discontinued operations after income taxes | (6) | (4) | (46) | (59) |
| Net income | (339) | 23 | 1,186 | 1,578 |
| Net income attributable to noncontrolling interests | 0 | (1) | 1 | 0 |
| Net income attributable to Corteva | $ (339) | $ 24 | $ 1,185 | $ 1,578 |
CTVA Balance Sheet
2022-09-30Consolidated Balance Sheets - USD ($) $ in Millions | Sep. 30, 2022 | Dec. 31, 2021 | Sep. 30, 2021 |
|---|---|---|---|
| Cash and cash equivalents | $ 2,199 | $ 4,459 | $ 2,779 |
| Marketable Securities | 119 | 86 | 103 |
| Accounts and notes receivable - net | 6,273 | 4,811 | 5,818 |
| Inventories | 5,415 | 5,180 | 4,417 |
| Other current assets | 1,039 | 1,010 | 1,029 |
| Total current assets | 15,045 | 15,546 | 14,146 |
| Investments in nonconsolidated affiliates | 91 | 76 | 67 |
| Property, Plant and Equipment | 8,444 | 8,364 | 8,270 |
| Less: Accumulated Depreciation | 4,259 | 4,035 | 3,960 |
| Net Property, Plant and Equipment | 4,185 | 4,329 | 4,310 |
| Goodwill | 9,791 | 10,107 | 10,130 |
| Other intangible assets | 9,461 | 10,044 | 10,225 |
| Deferred Income Taxes | 407 | 438 | 448 |
| Other assets | 1,671 | 1,804 | 1,796 |
| Total Assets | 40,651 | 42,344 | 41,122 |
| Short-term borrowings and finance lease obligations | 1,576 | 17 | 1,372 |
| Accounts payable | 4,140 | 4,126 | 3,512 |
| Income Taxes Payable | 227 | 146 | 95 |
| Deferred Revenue | 860 | 3,201 | 692 |
| Accrued and other current liabilities | 2,115 | 2,068 | 2,134 |
| Total current liabilities | 8,918 | 9,558 | 7,805 |
| Long-term Debt | 1,277 | 1,100 | 1,101 |
| Deferred income tax liabilities | 1,123 | 1,220 | 930 |
| Pension and other post employment benefits - noncurrent | 2,628 | 3,124 | 4,583 |
| Other noncurrent obligations | 1,621 | 1,719 | 1,724 |
| Total noncurrent liabilities | 6,649 | 7,163 | 8,338 |
| Common stock | 7 | 7 | 7 |
| Additional Paid in Capital | 27,815 | 27,751 | 27,712 |
| Retained earnings | 614 | 524 | 666 |
| Accumulated other comprehensive income (loss) | (3,592) | (2,898) | (3,645) |
| Total stockholders' equity attributable to the company | 24,844 | 25,384 | 24,740 |
| Noncontrolling Interests | 240 | 239 | 239 |
| Total Equity | 25,084 | 25,623 | 24,979 |
| Liabilities and Equity | 40,651 | 42,344 | 41,122 |
| EID [Member] | |||
| Cash and cash equivalents | 2,199 | 4,459 | 2,779 |
| Marketable Securities | 119 | 86 | 103 |
| Accounts and notes receivable - net | 6,273 | 4,811 | 5,818 |
| Inventories | 5,415 | 5,180 | 4,417 |
| Other current assets | 1,039 | 1,010 | 1,029 |
| Total current assets | 15,045 | 15,546 | 14,146 |
| Investments in nonconsolidated affiliates | 91 | 76 | 67 |
| Property, Plant and Equipment | 8,444 | 8,364 | 8,270 |
| Less: Accumulated Depreciation | 4,259 | 4,035 | 3,960 |
| Net Property, Plant and Equipment | 4,185 | 4,329 | 4,310 |
| Goodwill | 9,791 | 10,107 | 10,130 |
| Other intangible assets | 9,461 | 10,044 | 10,225 |
| Deferred Income Taxes | 407 | 438 | 448 |
| Other assets | 1,671 | 1,804 | 1,796 |
| Total Assets | 40,651 | 42,344 | 41,122 |
| Short-term borrowings and finance lease obligations | 1,576 | 17 | 1,372 |
| Accounts payable | 4,140 | 4,126 | 3,512 |
| Income Taxes Payable | 227 | 146 | 95 |
| Deferred Revenue | 860 | 3,201 | 692 |
| Accrued and other current liabilities | 2,134 | 2,070 | 2,147 |
| Total current liabilities | 8,937 | 9,560 | 7,818 |
| Long-term Debt | 1,277 | 1,100 | 1,101 |
| Long Term Debt - Related Party | 1,066 | 2,162 | 2,443 |
| Deferred income tax liabilities | 1,123 | 1,220 | 930 |
| Pension and other post employment benefits - noncurrent | 2,628 | 3,124 | 4,583 |
| Other noncurrent obligations | 1,621 | 1,719 | 1,724 |
| Total noncurrent liabilities | 7,715 | 9,325 | 10,781 |
| Common stock | 0 | 0 | 0 |
| Additional Paid in Capital | 24,252 | 24,196 | 24,158 |
| Retained earnings | 3,098 | 1,922 | 1,771 |
| Accumulated other comprehensive income (loss) | (3,592) | (2,898) | (3,645) |
| Total stockholders' equity attributable to the company | 23,997 | 23,459 | 22,523 |
| Noncontrolling Interests | 2 | 0 | 0 |
| Total Equity | 23,999 | 23,459 | 22,523 |
| Liabilities and Equity | 40,651 | 42,344 | 41,122 |
| EID [Member] | $4.50 Series Preferred Stock [Member] | |||
| Preferred Stock | 169 | 169 | 169 |
| EID [Member] | $3.50 Series Preferred Stock [Member] | |||
| Preferred Stock | $ 70 | $ 70 | $ 70 |