corteva agriscience™, brings you the world's most recognized and premium agricultural solutions, featuring pioneer® and brevant™ seeds, award-winning crop protection products, encirca® and granular® software tools and services. we provide agronomic support and services to help increase farmer productivity and profitability. we strive to develop sustainable and efficient global food systems that benefit everyone. our goal is to enrich the lives of those who produce and those who consume, ensuring progress for generations to come.
Company profile
Ticker
CTVA
Exchange
Website
CEO
James Collins
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Ag HoldCo Mexico • AG MX 2, Inc. • Agar Cross Paraguaya S.A. • Agricor Ltd • Agrigenetics, Inc. • Agro Corteva Argentina S.R.L. • Agro Corteva Chile S.A. • Agro Cultivos Corteva Chile S.A. • AgSurf Corporation • AgVenture, Inc. ...
IRS number
824979096
CTVA stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
15 Mar 24
DEFA14A
Additional proxy soliciting materials
15 Mar 24
DEF 14A
Definitive proxy
15 Mar 24
PRE 14A
Preliminary proxy
5 Mar 24
10-K
2023 FY
Annual report
8 Feb 24
8-K
Results of Operations and Financial Condition
31 Jan 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Results of Operations and Financial Condition
8 Nov 23
8-K
Results of Operations and Financial Condition
27 Oct 23
10-Q
2023 Q2
Quarterly report
4 Aug 23
Transcripts
CTVA
Earnings call transcript
2023 Q4
1 Feb 24
CTVA
Earnings call transcript
2023 Q3
9 Nov 23
CTVA
Earnings call transcript
2023 Q2
4 Aug 23
CTVA
Earnings call transcript
2023 Q1
4 May 23
CTVA
Earnings call transcript
2022 Q4
2 Feb 23
CTVA
Earnings call transcript
2022 Q3
4 Nov 22
CTVA
Earnings call transcript
2022 Q2
5 Aug 22
CTVA
Earnings call transcript
2022 Q1
5 May 22
CTVA
Earnings call transcript
2021 Q4
3 Feb 22
CTVA
Earnings call transcript
2021 Q3
4 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.78 bn | 2.78 bn | 2.78 bn | 2.78 bn | 2.78 bn | 2.78 bn |
Cash burn (monthly) | 62.33 mm | (no burn) | 148.00 mm | 79.58 mm | 35.00 mm | (no burn) |
Cash used (since last report) | 431.14 mm | n/a | 1.02 bn | 550.45 mm | 242.08 mm | n/a |
Cash remaining | 2.34 bn | n/a | 1.75 bn | 2.23 bn | 2.53 bn | n/a |
Runway (months of cash) | 37.6 | n/a | 11.8 | 28.0 | 72.4 | n/a |
Institutional ownership, Q4 2023
55.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 966 |
Opened positions | 125 |
Closed positions | 299 |
Increased positions | 263 |
Reduced positions | 416 |
13F shares | Current |
---|---|
Total value | 17.36 tn |
Total shares | 386.23 mm |
Total puts | 207.10 k |
Total calls | 1.11 mm |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 80.34 mm | $3.85 tn |
STT State Street | 32.56 mm | $1.56 tn |
Capital International Investors | 25.76 mm | $1.23 tn |
Massachusetts Financial Services | 13.24 mm | $634.29 bn |
NTRS Northern Trust | 12.82 mm | $614.13 bn |
Independent Franchise Partners | 12.29 mm | $588.89 bn |
Harris Associates L P | 9.01 mm | $431.84 bn |
Putnam Investments | 8.95 mm | $428.90 bn |
MS Morgan Stanley | 8.67 mm | $415.42 bn |
Van Eck Associates | 8.53 mm | $408.67 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Apr 24 | Marcos M Lutz | Common Stock | Payment of exercise | Dispose F | No | No | 54.36 | 842 | 45.77 k | 56,024.628 |
21 Apr 24 | Engel Klaus A | Common Stock | Payment of exercise | Dispose F | No | No | 54.36 | 842 | 45.77 k | 33,174.024 |
4 Apr 24 | Robert D. King | Common Stock | Payment of exercise | Dispose F | No | No | 57.54 | 7,650 | 440.18 k | 57,586.537 |
4 Apr 24 | Audrey Grimm | Common Stock | Payment of exercise | Dispose F | No | No | 57.54 | 171 | 9.84 k | 12,830.308 |
28 Feb 24 | Glenn Timothy P | Common Stock | Payment of exercise | Dispose F | No | No | 54.6188 | 835 | 45.61 k | 184,982.256 |
News
Oppenheimer Maintains Outperform on Corteva, Raises Price Target to $67
16 Apr 24
JP Morgan Downgrades Corteva to Neutral, Lowers Price Target to $57
12 Apr 24
Barclays Maintains Equal-Weight on Corteva, Raises Price Target to $58
10 Apr 24
Analyst Expectations For Corteva's Future
9 Apr 24
Keybanc Maintains Overweight on Corteva, Raises Price Target to $66
9 Apr 24
Press releases
The Value Unlocker: Why Ed Breen Makes Investors Money
17 Apr 24
Ducera Growth Ventures Announces Strategic Collaboration with Corteva Catalyst
25 Mar 24
AgPlenus Achieves Milestone in Collaboration with Corteva to Develop Novel Herbicides
6 Mar 24
Lavie Bio Successfully Secures Second Half Advance Payment of $2.5M after Meeting Corteva's Licensing Agreement Requirements
28 Feb 24
Corteva to Participate in Bank of America Securities 2024 Global Agriculture & Materials Conference, February 28
22 Feb 24