Corteva, Inc.

63.20-0.26 (-0.41%)

Oct 29, 4:00:02 PM EDT · NYSE · CTVA · USD

Upcoming Earnings

Report date

Nov 4, 2025 (in 5 days)

Key Stats

Market Cap

42.92B

P/E (TTM)

29.12

Basic EPS (TTM)

2.17

Dividend Yield

0.01%

Recent Filings

8-K

Corteva plans tax-free split

10/1/25Oct 1, 2025

Corteva announced plans to split into two public companies via a tax-free spin-off, with the Seed business as SpinCo and Crop Protection as New Corteva, set for completion in the second half of 2026. This move sharpens focus on divergent growth paths, unlocking tailored strategies for innovation and returns. New Corteva eyes biologicals amid competition; SpinCo leverages Pioneer genetics for yields. Yet risks loom if the split disrupts operations.

8-K

Corteva appoints new chief legal officer

8/26/25Aug 26, 2025

Corteva announced Cornel Fuerer's retirement from his role as senior vice president and chief legal and public affairs officer, effective September 15, 2025, with Jennifer A. Johnson stepping in as the new chief legal officer on that date. Fuerer will retain public affairs oversight and corporate secretary duties until year-end 2025, then advise strategically through 2026. Johnson's agriculture tech expertise from DuPont and IFF promises smooth continuity. Leadership transitions like this keep operations steady.

10-Q

Q2 FY2025 results

8/7/25Aug 7, 2025

Corteva's Q2 net sales climbed 6% year-over-year to $6,456M, fueled by 6% volume gains in Seed corn and Crop Protection fungicides, though a 1% currency hit tempered the rise; gross margins held steady at 55% amid raw material deflation and productivity wins, while operating income surged 35% to $1,804M on lower royalties and restructuring costs. Y/Y, diluted EPS from continuing operations rose 34% to $2.02, reconciling neatly with 683M shares, yet discontinued operations dragged net EPS to $1.92 after $66M PFAS charges. Cash dipped to $2.1B with $1.1B operating outflow from seasonal receivables buildup, offset by $5.5B credit availability and $3.6B debt at 4.5% average rate; free cash flow not disclosed in the 10-Q. The $875M NJ Statewide Settlement closed in August 2025 for cash over 25 years (NPV ~$500M per MOU shares), recognizing no new goodwill but flagging regulatory delays from EPA staffing cuts as a key risk.

8-K

Corteva boosts 2025 guidance

8/6/25Aug 6, 2025

Corteva reported strong Q2 2025 results on August 6, with net sales up 6% to $6.46B and organic sales rising 7%, fueled by 6% volume growth across seed and crop protection segments. Operating EBITDA climbed 13% to $2.16B, margins expanded 215 basis points on cost discipline and North American market leadership, yet Latin American pricing pressured gains. It raised full-year guidance to $17.6B-$17.8B net sales and $3.00-$3.20 operating EPS. Strong cash flow enables $1B share repurchases.

10-Q

Q1 FY2025 results

5/8/25May 8, 2025

Corteva's Q1 net sales dipped 2% year-over-year to $4,417 million, pressured by 5% currency headwinds from the Brazilian real and euro, yet volumes rose 2% on crop protection demand and seed pricing climbed 3% via strong North American mix. Gross margins expanded sharply to 47% from 43%, fueled by raw material deflation, productivity gains, and lower royalties, lifting operating income 63% to $784 million and diluted EPS to $0.97 from $0.53—reconciled cleanly against 687 million shares. Seed EBITDA jumped 13% to $842 million on pricing execution, while crop protection grew 22% to $377 million despite competitive pricing; free cash flow stayed negative at $(2.2) billion amid seasonal receivables buildup, but $2.0 billion cash and $5.5 billion revolver availability underpin liquidity, with $4.1 billion total debt at low rates. Restructuring under the Crop Protection program notched $26 million charges but eyes $180 million savings by 2027. Regulatory delays from EPA staff cuts could slow biotech approvals.

About

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.

CEO

Mr. David P. Johnson

IPO

5/24/2019

Website

https://www.corteva.com

Employees

22,000

Sector

Basic Materials

Industry

Agricultural Inputs