Corteva, Inc. Financial Ratios — CTVA Stock

Profitability (USD)

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	-1.94	2.77	7.01	4.53	2.92	3.72	4.56
Return on Assets (%)	- -	- -	- -	-1.27	1.6	4.14	2.7	1.72	2.16	2.62
Return on Capital (%)	- -	- -	- -	- -	- -	6.7	4.49	3.38	3.86	4.51
Return on Invested Capital (%)	- -	- -	- -	- -	- -	3.08	5.05	5.67	4.53	6.59
Gross Margin (%)	40.24	41	30.37	38.07	40.16	41.11	40.21	42.41	43.64	47.29
EBITDA Margin (%)	4.32	-0.21	-27.06	9.16	11.84	14.64	16.08	17.46	18.05	21.16
Operating Margin (%)	6.31	1.32	-3.14	4.22	5.93	8.41	11.05	12.25	12.4	15.05
Incremental Operating Margin (%)	- -	- -	- -	- -	69.81	32.96	33.94	- -	4.4	106.09
Pretax Margin (%)	1.84	-2.63	-47.64	-2.28	4.75	14.99	8.17	6.35	7.54	9.7
Profit Margin (%)	3.58	17.79	-35.45	-6.93	4.79	11.24	6.57	4.27	5.36	6.29
Net Income to Common Margin (%)	3.58	17.79	-35.45	-6.93	4.79	11.24	6.57	4.27	5.36	6.29
Effective Tax Rate (%)	- -	- -	- -	- -	- -	22.34	14.73	13.91	32.31	28.67
Dvd Payout Ratio (%)	- -	- -	-41.65	-202.78	50	21.67	34.07	46.07	52.34	39.09
Sustainable Growth Rate (%)	- -	- -	- -	-5.87	1.39	5.49	2.98	1.58	1.77	2.78

Credit (USD)

Credit Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	7,938	122	1,105	1,117	1,307	2,489	2,703	2,580
ST Debt	- -	- -	2,154	7	3	17	24	198	750	894
LT Debt	- -	- -	5,784	115	1,102	1,100	1,283	2,291	1,953	1,686
Total Debt/EBITDA	- -	- -	-2.05	0.1	0.66	0.49	0.47	0.83	0.89	0.7
Net Debt/EBITDA	- -	- -	-1.44	-1.3	-1.44	-1.46	-0.67	-0.05	-0.13	-0.53
Total Debt/EBIT	- -	- -	-1.19	-0.37	2.18	1.06	0.83	1.39	1.48	1.04
Net Debt/EBIT	- -	- -	-0.84	4.97	-4.78	-3.19	-1.19	-0.09	-0.22	-0.78
EBITDA to Interest Expense	6	-0.41	-11.47	9.32	37.4	76.4	35.52	12.91	13.1	20.46
EBITDA-CapEx/Interest Expense	6	-0.41	-11.47	9.32	37.4	76.4	35.52	12.91	13.1	20.46
EBIT to Interest Expense	8.77	2.54	-1.33	4.29	18.73	43.9	24.41	9.06	9	14.55
Interest Expense	101	74	337	136	45	30	79	233	233	180
Common Equity/Total Assets	- -	- -	68.7	57.34	58.21	59.95	59.37	58.23	58.27	56.35
Long-Term Debt/Equity (%)	- -	- -	7.7	0.47	4.4	4.29	5.02	9.06	8.13	6.91
Long-Term Debt/Capital (%)	- -	- -	6.96	0.47	4.21	4.11	4.78	8.25	7.31	6.25
Long-Term Debt/Total Assets (%)	- -	- -	5.32	0.27	2.58	2.6	3.01	5.33	4.78	3.94
Total Debt/Equity (%)	- -	- -	10.56	0.5	4.41	4.36	5.12	9.85	11.25	10.58
Total Debt/Capital (%)	- -	- -	9.55	0.49	4.22	4.18	4.87	8.96	10.11	9.57
Total Debt/Total Assets (%)	- -	- -	7.3	0.29	2.59	2.64	3.07	5.79	6.62	6.02
Net Debt to Equity	- -	- -	7.42	-6.7	-9.66	-13.04	-7.39	-0.62	-1.68	-7.96
Net Debt/Capital (%)	- -	- -	6.9	-7.18	-10.69	-15	-7.98	-0.62	-1.71	-8.65
EBITDA	606	-30	-3,866	1,268	1,683	2,292	2,806	3,007	3,052	3,682
EBITDA-CapEx	606	-30	-3,866	1,268	1,683	2,292	2,806	3,007	3,052	3,682
Operating Income (Loss)	886	188	-448	584	843	1,317	1,928	2,110	2,096	2,619

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	0.17	0.21	0.44	0.48	0.31	0.26	0.31	0.37
Current Ratio	- -	- -	1.73	1.64	1.73	1.63	1.56	1.56	1.45	1.43
Quick Ratio	- -	- -	0.57	0.89	1.02	0.98	0.84	0.79	0.85	0.9
CFO/Avg Current Liab	- -	- -	- -	0.1	0.25	0.3	0.09	0.17	0.21	0.3
Common Equity/Total Assets	- -	- -	68.7	57.34	58.21	59.95	59.37	58.23	58.27	56.35
Long-Term Debt/Equity (%)	- -	- -	7.7	0.47	4.4	4.29	5.02	9.06	8.13	6.91
Long-Term Debt/Capital (%)	- -	- -	6.96	0.47	4.21	4.11	4.78	8.25	7.31	6.25
Long-Term Debt/Total Assets (%)	- -	- -	5.32	0.27	2.58	2.6	3.01	5.33	4.78	3.94
Total Debt/Equity (%)	- -	- -	10.56	0.5	4.41	4.36	5.12	9.85	11.25	10.58
Total Debt/Capital (%)	- -	- -	9.55	0.49	4.22	4.18	4.87	8.96	10.11	9.57
Total Debt/Total Assets (%)	- -	- -	7.3	0.29	2.59	2.64	3.07	5.79	6.62	6.02
CFO/Total Liabilities	- -	- -	1.44	6	11.74	16.31	5.11	9.98	12.77	18.45
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	1.77	2.1	2.48	2.83	2.51	2.76	2.82

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	- -	3.52	3.56	4.35	4.53	4.01	3.78	3.61
Days Sales Outstanding	- -	- -	- -	103.78	102.42	83.88	80.53	91.01	96.54	101.2
Inventory Turnover	- -	- -	- -	1.66	1.72	1.83	1.74	1.45	1.55	1.65
Days Inventory Outstanding	- -	- -	- -	220.11	212.68	199.17	209.69	252.23	236.16	220.84
Accounts Payable Turnover	- -	- -	- -	2.63	2.28	2.46	2.68	2.18	1.94	2.23
Accounts Payable Turnover Days	- -	- -	- -	138.66	159.79	148.43	136.43	167.31	188.32	163.68
Cash Conversion Cycle	- -	- -	- -	185.23	155.32	134.62	153.79	175.92	144.39	158.36
Inventory to Cash Days	- -	- -	- -	-116.32	-110.26	-115.29	-129.17	-161.22	-139.63	-119.64
Inventories	- -	- -	5,310	5,032	4,882	5,180	6,811	6,899	5,432	5,667
Raw Materials	- -	- -	467	498	485	607	862	851	486	435
Work In Process	- -	- -	1,821	1,850	1,813	2,076	2,689	2,775	2,297	2,276
Finished Goods	- -	- -	3,022	2,684	2,584	2,497	3,260	3,273	2,649	2,956
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	21,828	28,319	34,141	42,153	33,673	38,769	45,545
- Cash & Cash Equivalents	- -	- -	2,270	1,764	3,526	4,459	3,191	2,644	3,106	4,521
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	493	246	239	239	239	242	241	242
+ Total Debt	- -	- -	7,938	122	1,105	1,117	1,307	2,489	2,703	2,580
Enterprise Value	- -	- -	- -	20,427	25,868	30,952	40,384	33,662	38,544	43,837
Total Capital	- -	- -	83,091	24,677	26,168	26,740	26,848	27,768	26,733	26,966
Total Debt/Capital (%)	- -	- -	9.55	0.49	4.22	4.18	4.87	8.96	10.11	9.57
Total Debt / EV	- -	- -	- -	0.01	0.04	0.04	0.03	0.07	0.07	0.06
EV/Sales	- -	- -	- -	1.48	1.82	1.98	2.31	1.95	2.28	2.52
EV/EBITDA	- -	- -	- -	16.11	15.37	13.5	14.39	11.19	12.63	11.91
EV/EBIT	- -	- -	- -	- -	51.12	29.51	25.51	18.74	21.12	17.68
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	11.25	42.99	17.09	16.74	12.4
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	11.25	42.99	17.09	16.74	12.4
Diluted Market Cap	- -	- -	- -	21,854	28,614	34,849	42,807	34,184	39,357	46,171
Diluted Enterprise Value	- -	- -	- -	20,453	26,163	31,660	41,038	34,173	39,132	44,463
EV per Share	- -	- -	- -	27.29	34.79	42.6	56.61	48	56.22	65.22
TTM Sales	14,041	14,240	14,287	13,846	14,217	15,655	17,455	17,226	16,908	17,401
TTM EBITDA	606	-30	-3,866	1,268	1,683	2,292	2,806	3,007	3,052	3,682
TTM Operating Income	886	188	-448	584	843	1,317	1,928	2,110	2,096	2,619
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	2,750	939	1,970	2,303	3,534
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	2,750	939	1,970	2,303	3,534

Multiples (USD)

Valuation Multiples API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	20.42	13.86	12.78	49.09	19.32	18.35	13.56
EV/EBIT	- -	- -	- -	- -	51.12	29.51	25.51	18.74	21.12	17.68
Enterprise Value	- -	- -	- -	20,427	25,868	30,952	40,384	33,662	38,544	43,837
Low Price	- -	- -	- -	24.36	21.04	38.05	44.8	43.49	44.33	52.4
EV/Sales	- -	- -	- -	1.48	1.82	1.98	2.31	1.95	2.28	2.52
EV/EBITDA	- -	- -	- -	16.11	15.37	13.5	14.39	11.19	12.63	11.91
Price/Earnings	- -	- -	- -	- -	41.88	19.66	37.13	46.32	43.25	42.12
Price/Earnings Average	- -	- -	- -	- -	32.4	18.75	36.23	53.07	42.16	41.33
Price/Earnings High	- -	- -	- -	- -	43.55	20.92	43.22	62.66	49.12	47.88
Price/Earnings Low	- -	- -	- -	- -	23.14	15.92	28.15	41.96	33.9	32.57
Price/Book Value	- -	- -	- -	0.9	1.14	1.34	1.67	1.34	1.63	1.89
Price/Book Value Average	- -	- -	- -	0.85	0.88	1.28	1.63	1.54	1.59	1.85
Price/Book Value High	- -	- -	- -	1	1.19	1.43	1.94	1.82	1.85	2.14
Price/Book Value Low	- -	- -	- -	0.75	0.63	1.09	1.26	1.22	1.28	1.46
Price/Tangible Book Value	- -	- -	- -	8.22	7.44	6.52	7.02	7.01	8.61	8.47
Price/Tangible Book Value Average	- -	- -	- -	7.82	5.75	6.22	6.85	8.03	8.39	8.31
Price/Tangible Book Value High	- -	- -	- -	9.12	7.73	6.94	8.18	9.48	9.77	9.63
Price/Tangible Book Value Low	- -	- -	- -	6.86	4.11	5.28	5.33	6.35	6.75	6.55
Price/Sales	- -	- -	- -	1.58	2.01	2.21	2.44	1.98	2.32	2.65
Price/Sales Average	- -	- -	- -	1.5	1.55	2.11	2.38	2.26	2.26	2.6
Price/Sales High	- -	- -	- -	1.75	2.09	2.35	2.84	2.67	2.64	3.01
Price/Sales Low	- -	- -	- -	1.32	1.11	1.79	1.85	1.79	1.82	2.05
Price/Cash Flow	- -	- -	- -	20.42	13.82	12.68	48.84	19.25	18.29	13.53
Price/Cash Flow Average	- -	- -	- -	19.44	10.69	12.1	47.66	22.05	17.83	13.28
Price/Cash Flow High	- -	- -	- -	22.67	14.37	13.5	56.85	26.04	20.77	15.38
Price/Cash Flow Low	- -	- -	- -	17.06	7.63	10.27	37.03	17.43	14.34	10.46
Price/Free Cash Flow Average	- -	- -	- -	19.44	10.73	12.19	47.9	22.14	17.89	13.3
Price/Free Cash Flow High	- -	- -	- -	22.67	14.42	13.6	57.15	26.14	20.84	15.41
Price/Free Cash Flow Low	- -	- -	- -	17.06	7.66	10.35	37.22	17.5	14.38	10.48
EV/Sales Average	- -	- -	- -	1.4	1.37	1.88	2.26	2.24	2.22	2.47
EV/Sales High	- -	- -	- -	1.65	1.9	2.12	2.71	2.64	2.59	2.88
EV/Sales Low	- -	- -	- -	1.22	0.93	1.56	1.73	1.77	1.78	1.93
EV/EBITDA Average	- -	- -	- -	15.28	11.56	12.82	14.03	12.83	12.31	11.68
EV/EBITDA High	- -	- -	- -	18	16.04	14.46	16.86	15.15	14.35	13.6
EV/EBITDA Low	- -	- -	- -	13.27	7.84	10.67	10.76	10.14	9.88	9.1
EV/EBIT Average	- -	- -	- -	- -	38.46	28	24.86	21.47	20.58	17.34
EV/EBIT High	- -	- -	- -	- -	53.36	31.6	29.88	25.36	24	20.2
EV/EBIT Low	- -	- -	- -	- -	26.08	23.31	19.07	16.98	16.53	13.52
Last Price	- -	- -	- -	29.16	38.09	46.99	59.09	48.02	56.55	67.76
High Price	- -	- -	- -	32.37	39.61	50.01	68.78	64.96	64.23	77.03
Enterprise Value Average	- -	- -	- -	19,372	19,460	29,376	39,361	38,567	37,566	42,991
Enterprise Value High	- -	- -	- -	22,827	27,000	33,146	47,299	45,542	43,808	50,072
Enterprise Value Low	- -	- -	- -	16,831	13,194	24,455	30,193	30,490	30,166	33,511

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	749	749	750	749	743	727	713	701	686	672
Diluted Weighted Avg Shares	749	749	749	750	751	742	725	712	696	681
Basic Weighted Avg Shares	749	749	749	750	749	736	721	709	694	680
Revenue per Share	18.74	19	19.06	18.47	18.99	21.27	24.22	24.3	24.37	25.59
EBITDA per Share	0.81	-0.04	-5.16	1.69	2.25	3.11	3.89	4.24	4.4	5.41
Operating Income per Share	1.18	0.25	-0.6	0.78	1.13	1.79	2.67	2.98	3.02	3.85
Basic EPS, GAAP	0.67	3.38	-6.76	-1.28	0.91	2.39	1.59	1.04	1.31	1.61
Basic EPS from Cont Ops	0.7	3.43	-9.04	-0.36	1.01	2.48	1.69	1.33	1.24	1.77
Diluted EPS, GAAP	0.67	3.38	-6.76	-1.28	0.91	2.37	1.58	1.03	1.3	1.61
Diluted EPS from Cont Ops	0.7	3.43	-9.04	-0.36	1.01	2.46	1.68	1.32	1.24	1.77
Dividend per Share	- -	- -	3.74	0.68	0.52	0.54	0.58	0.62	0.66	0.7
Cash Flow per Share	- -	- -	0.64	1.43	2.76	3.71	1.21	2.5	3.09	5.01
Free Cash Flow per Basic Share	- -	- -	0.64	1.43	2.76	3.71	1.21	2.5	3.09	5.01
Cash & Equivalents per Share	- -	- -	3.03	2.36	5.1	6.26	4.65	3.91	4.62	6.74
Book Value per Share	- -	- -	99.55	32.47	33.39	34.94	35.47	35.7	34.7	35.92
Tangible Book Value per Share	- -	- -	69.88	3.55	5.12	7.2	8.41	6.85	6.57	8