What is Corteva's seed — gain/loss on asset sales?

Corteva (CTVA) reported seed — gain/loss on asset sales of $0 in Q2 2024.

What does seed — gain/loss on asset sales mean?

The net financial impact from disposing of property, equipment, or business units within the seed segment. This reflects the company's portfolio optimization efforts.

Corteva CTVA Seed — Gain/Loss on Asset Sales

Other segment segments

Crop Protection

$14M+367%

Corporate Segment

$0—

Similar metrics at other companies

RWTGain/Loss on Asset Sales

$0-100%

CFGain/Loss on Asset Sales

$0+100%

JBHTGain/Loss on Asset Sales

-$324K+95.0%

RBCGain/Loss on Asset Sales

$0+100%

CFGGain/Loss on Asset Sales

$7M-22.2%

STZGain/Loss on Asset Sales

-$7.98M-103%

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 / equity0×0.0×

Current ratio1.6×+0.1×

Where this comes from

Reported directly by Corteva in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnDispositionOfAssets1.

The official record: Corteva’s 10-Q, filed August 1, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corteva's seed — gain/loss on asset sales?: Corteva (CTVA) reported seed — gain/loss on asset sales of $0 in Q2 2024.
What does seed — gain/loss on asset sales mean?: The net financial impact from disposing of property, equipment, or business units within the seed segment. This reflects the company's portfolio optimization efforts.