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Corteva CTVA Crop Protection — Other Tax (Benefit) Expense

Other segment segments

Seed
$120M

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Other financials

Income statement

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Revenue$2.6B+12.6%
Gross profit$974.0M+28.0%
Net income-$320.0M+38.9%
EPS (diluted)-$0.47+38.2%

Balance sheet

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Cash & equivalents$2.5B+3.6%
Total debt$788.0M+57.3%
Total equity$25.2B+1.9%
Total assets$42.2B+0.7%

Cash flow

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Operating cash flow-$2.1B+19.2%
CapEx$157.0M+1.9%
Free cash flow-$2.2B+20.1%

Valuation

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Market cap$54.59B+8.5%
Enterprise value$52.87B+8.0%
P/E33.2×-9.4×
P/S3.1×+0.1×

Profitability

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Gross margin46.1%+2.6pp
Net margin9.4%
FCF margin12.5%+1.3pp

Returns & leverage

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Return on equity6.6%
Debt / equity0.0×
Current ratio1.6×+0.1×

Where this comes from

Reported directly by Corteva in its filing.

Tagged under the XBRL concept us-gaap:OtherTaxExpenseBenefit.

The official record: Corteva’s 10-K, filed February 14, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corteva's crop protection — other tax (benefit) expense?
Corteva (CTVA) reported crop protection — other tax (benefit) expense of -$9M in Q4 2024.
What does crop protection — other tax (benefit) expense mean?
Represents non-recurring or non-standard tax adjustments specifically attributable to the Crop Protection business segment. This captures tax-related impacts that fall outside of the standard corporate income tax provision, such as discrete tax benefits or charges from specific regional operations.