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Corteva Inc   (CTVA)
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Corteva Inc 's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Corteva Inc in the forth quarter 2023?
Corteva Inc achieved a return on average equity (ROE) of 2.9 % in its forth quarter 2023, which is below Corteva Inc 's average return on equity, which stands at 3.95%.

ROE fell compared to the third quarter 2023, despite the net income growth of % from the third quarter 2023.

Within the Chemical Manufacturing industry 37 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to 547, from total ROE ranking in the third quarter 2023 at 1422.

What is ROE?



Return On Equity (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change -1.03 % 1.53 % 1.5 % 0.84 % -
Y / Y Net Income Change - - -26.23 % 272.05 % 1406.25 %
Net Income (TTM) in Millions 747 1,480 1,470 1,725 1,287
Return On Equity (TTM) 2.9 % 5.73 % 5.71 % 6.73 % 5.03 %
CTVA's Total Ranking # 547 # 1422 # 1859 # 1560 # 1642
Equity (TTM) in Millions 25,279 25,467 26,461 25,839 25,541
Seq. Equity Change -0.74 % -3.76 % 2.41 % 1.17 % 1.82 %
Seq. Net Income Change - - 19.7 % 24.27 % -

Return On Equity Company Ranking
Within: No.
Industry # 38
Sector # 133
Overall # 547

Return On Equity Statistics
High Average Low
8.36 %
3.95 %
-2.99 %
(Jun 30 2022)   (Mar 31 2020)





CTVA Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Equity in Millions 25,279 25,541 25,623 25,063 24,555
Y / Y Equity Change -1.03 % -0.32 % 2.23 % 2.07 % -
Net Income in Millions 747 1,158 1,769 701 -941
Y / Y Net Income Change -35.49 % -34.54 % 152.35 % - -
Return On Equity 2.96 % 4.53 % 6.9 % 2.8 % -3.83 %





Annual Roe Comment
In 2023 ROE decreased compared to the previous year to 2.96 %, due to deterioration of net income.


More Return On Equity Ratios
Chemical Manufacturing Industry Roe Trends and Statistics
Basic Materials Sector Return On Equity Statistics
CTVA's' Return on Equity at Yahoo Finance
CTVA's Roe Ratio versus Chemical Manufacturing Industry, Basic Materials Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for CTVA's Competitors
Return On Equity for Corteva Inc 's Suppliers
Roe for CTVA's Customers




Companies with similar Return On Equity at Dec 31 2023, within Basic Materials Sector ROE
Bluelinx Holdings Inc   7.77 %
Jeld wen Holding Inc   7.76 %
Arcosa Inc   7.29 %
Red Trail Energy Llc  7.26 %
Advansix Inc   7.22 %
Mcewen Mining inc   6.97 %
Kinross Gold Corporation  6.72 %
Matthews International Corp  6.42 %
Insteel Industries Inc  6.16 %
Barrick Gold Corp  6.10 %
Azz Inc   6.00 %
Cameco Corporation  5.92 %
Origin Materials Inc   5.84 %
Perimeter Solutions Sa  5.80 %
Cleveland cliffs Inc   5.59 %
Entegris Inc   5.43 %
Northern Technologies International Corporation  5.38 %
Minerals Technologies Inc   5.33 %
Element Solutions Inc  5.09 %
Westlake Corporation  4.75 %
Rogers Corp  4.66 %
Iamgold Corporation  4.58 %
Huntsman Corporation  4.09 %
Gatos Silver Inc   3.63 %
Newpark Resources Inc   3.50 %
International Paper Company  3.39 %
Dow Inc   3.28 %
Avient Corporation  3.26 %
Corteva Inc   2.90 %
Proto Labs Inc   2.51 %


Date modified: 2024-02-08T22:22:03+00:00



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