Corteva Inc (CTVA)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 907,000 | 695,000 | 898,000 | 559,000 | 735,000 | 947,000 | 946,000 | 1,201,000 | 1,170,000 | 1,370,000 | 1,722,000 | 1,723,000 | 1,759,000 | 1,641,000 | 1,219,000 | 1,009,000 | 681,000 | 619,000 | 517,000 | -851,000 |
| Revenue (ttm) | US$ in thousands | 16,908,000 | 16,637,000 | 16,901,000 | 16,834,000 | 17,226,000 | 17,344,000 | 17,531,000 | 17,738,000 | 17,455,000 | 17,109,000 | 16,703,000 | 16,078,000 | 15,655,000 | 15,383,000 | 14,875,000 | 14,439,000 | 14,217,000 | 13,993,000 | 14,041,000 | 14,406,000 |
| Net profit margin | 5.36% | 4.18% | 5.31% | 3.32% | 4.27% | 5.46% | 5.40% | 6.77% | 6.70% | 8.01% | 10.31% | 10.72% | 11.24% | 10.67% | 8.19% | 6.99% | 4.79% | 4.42% | 3.68% | -5.91% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $907,000K ÷ $16,908,000K
= 5.36%
Net profit margin is a key profitability ratio that indicates the percentage of each dollar of revenue that remains as profit after all expenses have been deducted. For Corteva Inc, the net profit margin fluctuated over the analyzed periods between March 31, 2020, and December 31, 2024. The margin started in negative territory in March 2020 at -5.91% but steadily improved to reach a peak of 11.24% in December 2021. However, it experienced fluctuations thereafter, with some periods showing a decline in profitability.
Overall, the net profit margin for Corteva Inc ranged from a low of 3.32% in March 2024 to a high of 11.24% in December 2021. It is essential for investors and stakeholders to closely monitor this metric as it provides insights into the company's ability to generate profit relative to its revenue and can indicate potential financial health and efficiency of operations.
Peer comparison
Dec 31, 2024