Corteva, Inc.

CTVA
Sector

Materials

Industry

Agricultural Inputs

Market Cap

$38.77B

Employees

22.5K

Company Overview

Corteva, Inc. is a global agricultural company focused on providing seed and crop protection solutions. They operate in approximately 125 countries and have a broad portfolio of products and services. Corteva leverages its scientific heritage to drive innovation and meet the evolving needs of farmers worldwide.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

The 10-K filing indicates a 2% decrease in net sales to $16.908 million, with a 1% decrease attributed to price adjustments and a 3% decrease due to unfavorable currency exchange rates. This was partially offset by a 2% increase in volume.

The cost of goods sold decreased from $9,920 million to $9,529 million. This was primarily driven by favorable currency effects, ongoing cost and productivity actions, and Crop Protection raw material deflation.

Operating EBITDA was $3,376 million, which is slightly lower than the $3,381 million reported in the previous year. This was primarily driven by competitive Crop Protection pricing and continued investment in Seed research and development.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG Initiatives

3 Insights

Market Environment

3 Insights