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Corteva CTVA Seed — Other Tax (Benefit) Expense

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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 seed — other tax (benefit) expense?
Corteva (CTVA) reported seed — other tax (benefit) expense of $30M in Q4 2024.
What does seed — other tax (benefit) expense mean?
Represents non-recurring or specific tax-related adjustments, benefits, or expenses allocated to the seed business segment. This metric captures tax impacts that fall outside of standard operating income tax provisions, often reflecting specific jurisdictional tax events or accounting adjustments.