CTVA financial statements
The full income statement, balance sheet, and cash-flow statement for Corteva Inc. Common Stock (CTVA), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 17.4B+2.9% | 16.9B-1.8% | 17.2B-1.3% | 17.5B+11.5% | 15.7B+10.1% | |
| Cost of revenue | 9.17B-3.7% | 9.53B-3.9% | 9.92B-4.9% | 10.4B+13.2% | 9.22B+8.4% | |
| Research & development | 1.47B+5.1% | 1.40B+4.9% | 1.34B+10.0% | 1.22B+2.4% | 1.19B+3.9% | |
| Selling, general & administrative | 3.49B+9.3% | 3.20B+0.6% | 3.18B+0.1% | 3.17B-1.1% | 3.21B+5.5% | |
| Restructuring | 146M-49.3% | 288M-14.3% | 336M-7.4% | 363M | — | |
| Amortization of intangibles | 644M-6.0% | 685M+0.3% | 683M-2.7% | 702M-2.8% | 722M+5.9% | |
| Provision for credit losses | 104M+166.7% | 39.0M+254.5% | 11.0M-15.4% | 13.0M+1200.0% | 1.00M-99.4% | |
| Interest expense | 180M-22.7% | 233M+0.0% | 233M+194.9% | 79.0M+163.3% | 30.0M-33.3% | |
| Interest & investment income | 136M+3.0% | 132M-53.4% | 283M+128.2% | 124M+61.0% | 77.0M+37.5% | |
| Other non-operating income | -570M-90.0% | -300M+33.0% | -448M-646.7% | -60.0M-104.5% | 1.35B+535.8% | |
| Equity-method income | 13.0M-13.3% | 15.0M+50.0% | 10.0M-50.0% | 20.0M+42.9% | 14.0M | |
| Pre-tax income | 1.69B+32.4% | 1.27B+16.7% | 1.09B-23.4% | 1.43B-39.2% | 2.35B+247.6% | |
| Income tax | 484M+17.5% | 412M+171.1% | 152M-27.6% | 210M-59.9% | 524M+746.9% | |
| 1.09B+20.6% | 907M+23.4% | 735M-35.9% | 1.15B-34.8% | 1.76B+158.3% | ||
| Discontinued operations | -99.0M-276.8% | 56.0M+128.9% | -194M-234.5% | -58.0M-9.4% | -53.0M+3.6% | |
| Net income to non-controlling interest | 11.0M-8.3% | 12.0M+0.0% | 12.0M+9.1% | 11.0M+10.0% | 10.0M-50.0% | |
| Net income to common | 1.09B+20.6% | 907M+23.4% | 735M-35.9% | 1.15B-34.8% | 1.76B+193296703196.7% | |
| $1.60+23.1% | $1.30+26.2% | $1.03-34.8% | $1.58-33.3% | $2.37+160.4% | ||
| EPS (basic) | $1.60+22.1% | $1.31+26.0% | $1.04-34.6% | $1.59-33.5% | $2.39+162.6% | |
| Weighted-avg shares (basic) | 680M-2.0% | 694M-2.2% | 709M-1.6% | 721M-2.1% | 736M-1.7% | |
| Weighted-avg shares (diluted) | 681M-2.1% | 696M-2.2% | 712M-1.7% | 725M-2.3% | 742M-1.3% | |
| Dividends per share | $0.70+6.1% | $0.66+6.5% | $0.62+6.9% | $0.58+11.5% | $0.52+0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 17.3B+14.8% | 15.1B-7.2% | 16.3B-3.2% | 16.8B+8.0% | 15.5B+5.3% | ||
| Cash & equivalents | 4.52B+45.6% | 3.11B+17.5% | 2.64B-17.1% | 3.19B-28.4% | 4.46B+26.5% | |
| Short-term investments | 9.00M-85.7% | 63.0M-35.7% | 98.0M-21.0% | 124M+44.2% | 86.0M-68.0% | |
| Accounts receivable | 4.88B+9.7% | 4.45B+5.7% | 4.21B+1.0% | 4.17B+21.1% | 3.44B-8.3% | |
| Inventory | 5.67B+4.3% | 5.43B-21.3% | 6.90B+1.3% | 6.81B+31.5% | 5.18B+6.1% | |
| Other current assets | 767M-6.5% | 820M-27.5% | 1.13B+16.8% | 968M-4.2% | 1.01B-13.3% | |
| 42.8B+4.9% | 40.8B-5.0% | 43.0B+0.9% | 42.6B+0.6% | 42.3B-0.7% | ||
| Property, plant & equipment | 4.22B+3.0% | 4.10B-4.4% | 4.29B+0.8% | 4.25B-1.7% | 4.33B-1.5% | |
| Operating lease right-of-use | 411M-0.7% | 414M+0.5% | 412M-10.4% | 460M+0.4% | 458M-12.1% | |
| Goodwill | 10.5B+0.5% | 10.4B-1.9% | 10.6B+6.5% | 9.96B-1.4% | 10.1B-1.6% | |
| Intangible assets | 8.30B-6.5% | 8.88B-7.8% | 9.63B+3.1% | 9.34B-7.0% | 10.0B-6.5% | |
| Deferred tax assets | 320M-20.2% | 401M-31.3% | 584M+21.9% | 479M+9.4% | 438M-5.6% | |
| Other non-current assets | 2.04B+12.9% | 1.81B+19.2% | 1.52B-10.0% | 1.69B-6.5% | 1.80B-7.0% | |
| 12.1B+16.7% | 10.4B-0.2% | 10.4B-3.1% | 10.7B+12.4% | 9.56B+11.8% | ||
| Accounts payable | 4.40B+8.9% | 4.04B-5.6% | 4.28B-12.6% | 4.89B+18.6% | 4.13B+14.1% | |
| Accrued liabilities | 3.10B+47.4% | 2.10B-10.5% | 2.35B+4.3% | 2.25B+9.0% | 2.07B-3.6% | |
| Deferred revenue | 3.58B+8.9% | 3.29B-3.5% | 3.41B+0.5% | 3.39B+5.8% | 3.20B+20.2% | |
| Short-term & current debt | 782M+56.4% | 500M+155.1% | 196M | 0.00-100.0% | 1.00M+0.0% | |
| Current lease liability | 122M-9.0% | 134M+2.3% | 131M+10.1% | 119M-1.7% | 121M-12.3% | |
| Finance lease liability (current) | 0.00 | 0.00-100.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | |
| Long-term debt | 1.69B-13.7% | 1.95B-14.8% | 2.29B+78.6% | 1.28B+16.6% | 1.10B-0.2% | |
| Deferred revenue (non-current) | 125M+9.6% | 114M+5.6% | 108M | — | — | |
| Non-current lease liability | 293M-14.3% | 342M-3.7% | 355M+7.3% | 331M-2.1% | 338M-13.6% | |
| Operating lease liability (total) | 415M-12.8% | 476M-2.1% | 486M+8.0% | 450M-2.0% | 459M-13.2% | |
| Finance lease liability (total) | 0.00 | 0.00-100.0% | 2.00M-33.3% | 3.00M-25.0% | 4.00M-20.0% | |
| Finance lease liability | 0.00 | 0.00-100.0% | 1.00M-50.0% | 2.00M-33.3% | 3.00M-25.0% | |
| Deferred tax liabilities | 251M-47.5% | 478M-46.8% | 899M-19.7% | 1.12B-8.3% | 1.22B+36.6% | |
| Other non-current liabilities | 1.96B+15.0% | 1.71B+3.4% | 1.65B-1.5% | 1.68B-2.5% | 1.72B-7.9% | |
| Total non-current liabilities | 6.33B-1.2% | 6.41B-12.3% | 7.31B+15.4% | 6.33B-11.6% | 7.16B-20.7% | |
| 24.1B+1.5% | 23.8B-5.0% | 25.0B-1.0% | 25.3B-0.3% | 25.4B+2.3% | ||
| Common stock | 7.00M+0.0% | 7.00M+0.0% | 7.00M+0.0% | 7.00M+0.0% | 7.00M+0.0% | |
| Additional paid-in capital | 27.0B-0.7% | 27.2B-2.0% | 27.7B-0.4% | 27.9B+0.4% | 27.8B+0.2% | |
| Retained earnings | -67.0M-221.8% | 55.0M+234.1% | -41.0M-116.4% | 250M-52.3% | 524M | |
| Accumulated other comprehensive income | -2.80B+19.4% | -3.47B-29.6% | -2.68B+4.6% | -2.81B+3.2% | -2.90B-0.3% | |
| Non-controlling interest | 242M+0.4% | 241M-0.4% | 242M+1.3% | 239M+0.0% | 239M+0.0% | |
| Total equity incl. non-controlling | 24.4B+1.5% | 24.0B-4.9% | 25.3B-1.0% | 25.5B-0.3% | 25.6B+2.2% | |
| Total liabilities & equity | 42.8B+4.9% | 40.8B-5.0% | 43.0B+0.9% | 42.6B+0.6% | 42.3B-0.7% | |
| Common shares issued | 672M-2.0% | 686M-2.2% | 701M-1.7% | 713M | — | |
| Common shares outstanding | 672M-2.0% | 686M-2.2% | 701M-1.7% | 713M-1.8% | 727M-2.3% | |
| Shares outstanding (cover) | 673M-1.9% | 686M-2.3% | 702M-1.5% | 713M-2.0% | 727M-2.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.41B+58.8% | 2.15B+21.3% | 1.77B+102.9% | 872M-68.0% | 2.73B+32.1% | ||
| Depreciation & amortization | 1.20B-2.0% | 1.23B+1.3% | 1.21B-1.0% | 1.22B-1.6% | 1.24B+5.6% | |
| Intangible amortization | 644M-6.0% | 685M+0.3% | 683M-2.7% | 702M-2.8% | 722M+5.9% | |
| Change in inventory | 35.0M+103.2% | -1.11B-1847.4% | -57.0M-103.3% | 1.72B+306.4% | 422M+505.8% | |
| Change in payables | 231M+300.9% | -115M+82.7% | -663M-182.2% | 807M+53.4% | 526M+545.8% | |
| -543M+7.8% | -589M+70.4% | -1.99B-214.4% | -632M-74.6% | -362M+46.3% | ||
| Capital expenditure | 591M-1.0% | 597M+0.3% | 595M-1.7% | 605M+5.6% | 573M+20.6% | |
| Free cash flow | 2.81B+81.8% | 1.55B+31.9% | 1.17B+339.7% | 267M-87.6% | 2.15B+35.6% | |
| Acquisitions | 0.00 | 0.00-100.0% | 1.46B | 0.00 | 0.00 | |
| Other investing activities | 38.0M-2.6% | 39.0M+1850.0% | 2.00M-33.3% | 3.00M+200.0% | 1.00M-85.7% | |
| -1.64B-37.1% | -1.20B-1111.1% | -99.0M+91.6% | -1.18B+6.8% | -1.27B-517.8% | ||
| Long-term debt issued | 1.73B-43.7% | 3.07B-10.4% | 3.43B+152.5% | 1.36B+224.1% | 419M-82.8% | |
| Long-term debt repaid | 1.87B-35.1% | 2.88B+24.9% | 2.31B+102.5% | 1.14B+170.8% | 421M-70.8% | |
| Net short-term debt | 0.00-100.0% | 53.0M+983.3% | -6.00M+53.8% | -13.0M-200.0% | 13.0M | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 1.07B+6.1% | 1.01B+33.5% | 756M-24.4% | 1.00B+5.3% | 950M+245.5% | |
| Dividends paid | 475M+3.7% | 458M+4.3% | 439M+5.0% | 418M+5.3% | 397M+2.3% | |
| Other financing activities | -45.0M-40.6% | -32.0M+34.7% | -49.0M+10.9% | -55.0M-83.3% | -30.0M-7.1% | |
| FX effect on cash | 84.0M+190.3% | -93.0M+35.0% | -143M+48.6% | -278M-104.4% | -136M-2042.9% | |
| Net change in cash | 1.30B+393.6% | 264M+157.4% | -460M+62.2% | -1.22B-226.5% | 963M-43.4% | |
| Interest paid | 191M-21.7% | 244M+4.3% | 234M+212.0% | 75.0M+150.0% | 30.0M-16.7% | |
| Income taxes paid | 750M+6.1% | 707M+32.1% | 535M+14.6% | 467M+37.0% | 341M+48.9% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 45.1B+15.4% | 39.0B+15.6% | 33.8B-19.6% | 42.0B+22.2% | 34.4B+19.3% | |
| P/E | 41.2×-4.3% | 43.1×+18.9% | 36.2×+17.3% | 30.9×+57.9% | 19.5×-53.8% | |
| P/S | 2.6×+12.2% | 2.3×+18.6% | 1.9×-20.7% | 2.5×+11.8% | 2.2×+8.4% | |
| P/B | 1.9×+13.7% | 1.6×+22.6% | 1.3×-20.8% | 1.7×+24.8% | 1.4×+16.7% | |
| P/FCF | 16.0×-36.5% | 25.2× | — | 53.8×+237.4% | 16.0×-12.0% | |
| Earnings yield | 2.4%+4.5% | 2.3%-15.9% | 2.8%-14.7% | 3.2%-36.7% | 5.1%+116.5% | |
| FCF yield | 6.2%+57.5% | 4.0% | — | 1.9%-70.4% | 6.3%+13.6% | |
| Dividend yield | 1.0%-9.9% | 1.2%-10.4% | 1.3%+31.1% | 0.99%-10.3% | 1.1%-18.1% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: CTVA’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CTVA filings on SEC EDGAR → Not investment advice.
