Corteva Inc (CTVA)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 907,000 | 735,000 | 1,147,000 | 1,759,000 | 681,000 |
| Revenue | US$ in thousands | 16,908,000 | 17,226,000 | 17,455,000 | 15,655,000 | 14,217,000 |
| Net profit margin | 5.36% | 4.27% | 6.57% | 11.24% | 4.79% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $907,000K ÷ $16,908,000K
= 5.36%
Corteva Inc's net profit margin has displayed variability over the past five years. Starting at 4.79% on December 31, 2020, it increased significantly to 11.24% by December 31, 2021, indicating improved profitability. However, in the following year, the net profit margin decreased to 6.57% on December 31, 2022. The trend continued, with a further decrease to 4.27% by December 31, 2023. Nonetheless, by December 31, 2024, there was a slight recovery as the net profit margin rose to 5.36%. Overall, the fluctuation in net profit margin suggests that Corteva Inc may have experienced varying levels of efficiency in generating profit relative to its revenue during this period.
Peer comparison
Dec 31, 2024