Corteva Inc (CTVA)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 41.87% | 41.71% | 42.14% | 41.69% | 42.41% | 41.97% | 41.26% | 40.90% | 40.21% | 40.63% | 41.11% | 40.76% | 41.11% | 40.84% | 40.58% | 40.04% | 40.16% | 40.23% | 40.07% | 40.07% |
| Operating profit margin | 12.81% | 11.80% | 12.82% | 8.59% | 8.88% | 7.50% | 7.93% | 11.25% | 10.70% | 13.03% | 12.69% | 11.06% | 10.40% | 8.16% | 7.50% | 6.35% | 5.93% | 5.54% | 5.55% | 7.09% |
| Pretax margin | 7.54% | 5.19% | 6.23% | 4.75% | 6.35% | 6.99% | 7.19% | 8.48% | 8.17% | 10.95% | 13.64% | 14.01% | 14.99% | 13.20% | 10.19% | 7.33% | 4.75% | 3.99% | 3.09% | 2.38% |
| 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% |
Corteva Inc's profitability has shown variations over the past few years, as indicated by its profitability ratios.
1. Gross Profit Margin: The gross profit margin has been relatively stable, ranging from 40.07% to 42.41%. This indicates that Corteva has been able to effectively manage its production costs and generate profit from its core operations.
2. Operating Profit Margin: The operating profit margin has varied significantly, with a low of 5.54% and a high of 13.03%. This fluctuation may suggest changes in operating efficiency, cost control, and the impact of external factors on the company's profitability.
3. Pre-Tax Margin: The pre-tax margin has also shown fluctuation, ranging from 2.38% to 14.99%. The increasing trend in the pre-tax margin until September 2021 may indicate improving operational efficiency and profitability, although a decline in the following periods suggests potential challenges or changes in the business environment.
4. Net Profit Margin: The net profit margin has shown fluctuations, ranging from -5.91% to 11.24%. While the company has managed to achieve positive net profit margins in most periods, the variability may indicate changes in expenses, taxes, or one-off events impacting profitability.
In conclusion, Corteva Inc's profitability ratios reflect a mix of stable performance and fluctuation over the observed periods, suggesting the company's ability to effectively manage costs and generate profits but also facing challenges and changes that impact its overall profitability.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.31% | 4.68% | 5.23% | 3.31% | 3.56% | 3.02% | 3.15% | 4.39% | 4.38% | 5.48% | 5.18% | 4.17% | 3.84% | 3.05% | 2.69% | 2.16% | 1.98% | 1.86% | 1.85% | 2.38% |
| Return on assets (ROA) | 2.22% | 1.66% | 2.17% | 1.28% | 1.71% | 2.20% | 2.14% | 2.64% | 2.75% | 3.37% | 4.21% | 4.04% | 4.15% | 3.99% | 2.94% | 2.37% | 1.60% | 1.48% | 1.23% | -1.98% |
| Return on total capital | 6.92% | 5.00% | 5.63% | 5.56% | 6.42% | 6.75% | 6.52% | 7.25% | 6.63% | 8.57% | 9.67% | 9.58% | 10.38% | 9.26% | 7.11% | 5.58% | 4.27% | 4.51% | 3.95% | 2.87% |
| Return on equity (ROE) | 3.81% | 2.81% | 3.57% | 2.26% | 2.94% | 3.75% | 3.61% | 4.69% | 4.62% | 5.51% | 6.67% | 6.71% | 6.93% | 6.63% | 4.80% | 4.11% | 2.74% | 2.57% | 2.10% | -3.57% |
The profitability ratios of Corteva Inc show a positive trend overall during the period from March 31, 2020, to December 31, 2024.
The Operating return on assets (Operating ROA) has steadily increased from 2.38% on March 31, 2020, to 5.31% on December 31, 2024. This indicates that the company has become more efficient in generating operating profits from its assets over time.
The Return on assets (ROA) also shows improvement, moving from -1.98% on March 31, 2020, to 2.22% on December 31, 2024. This demonstrates Corteva's ability to generate net profits from its total assets.
Return on total capital has shown fluctuation but with an overall increasing trend, starting at 2.87% on March 31, 2020, and ending at 6.92% on December 31, 2024. This indicates the company's ability to generate returns for its total capital employed.
Return on equity (ROE) has shown a similar pattern of improvement, rising from -3.57% on March 31, 2020, to 3.81% on December 31, 2024. This trend indicates that Corteva has been successful in generating profits for its shareholders over the years.
Overall, the improving trend in profitability ratios reflects positively on Corteva's financial performance and efficiency in utilizing its assets and capital to generate profits.