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Corteva (Corteva) EBIT per Share : $1.85 (TTM As of Dec. 2023)


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What is Corteva EBIT per Share?

Corteva's EBIT per Share for the three months ended in Dec. 2023 was $-0.37. Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.85.

During the past 12 months, the average EBIT per Share Growth Rate of Corteva was 11.40% per year. During the past 3 years, the average EBIT per Share Growth Rate was 38.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Corteva's EBIT per Share or its related term are showing as below:

CTVA' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -13   Med: 44.4   Max: 64.7
Current: 38.2

During the past 8 years, the highest 3-Year average EBIT per Share Growth Rate of Corteva was 64.70% per year. The lowest was -13.00% per year. And the median was 44.40% per year.

CTVA's 3-Year EBIT Growth Rate is ranked better than
73.43% of 207 companies
in the Agriculture industry
Industry Median: 19 vs CTVA: 38.20

Corteva's EBIT for the three months ended in Dec. 2023 was $-261 Mil.


Corteva EBIT per Share Historical Data

The historical data trend for Corteva's EBIT per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Corteva EBIT per Share Chart

Corteva Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT per Share
Get a 7-Day Free Trial -0.24 0.96 3.20 2.08 1.86

Corteva Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.23 1.13 1.63 -0.55 -0.37

Corteva EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Corteva's EBIT per Share for the fiscal year that ended in Dec. 2023 is calculated as

EBIT per Share(A: Dec. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=1326/711.900
=1.86

Corteva's EBIT per Share for the quarter that ended in Dec. 2023 is calculated as

EBIT per Share(Q: Dec. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=-261/706.800
=-0.37

EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Corteva  (NYSE:CTVA) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.


Corteva EBIT per Share Related Terms

Thank you for viewing the detailed overview of Corteva's EBIT per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Corteva (Corteva) Business Description

Address
974 Centre Road, Wilmington, DE, USA, 19805
Corteva is an agriculture pure play that was formed in 2019 when it was spun off from DowDuPont. The company is a leader in the development of new seed and crop chemicals products. Seeds and crop protection chemicals each make up around half of profits. Although Corteva operates globally, around half of revenue comes from North America.
Executives
Samuel R Eathington officer: SVP, Chief Technology Officer C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Robert D. King officer: EVP, Crop Protection Business C/O CORTEVA, INC., 9330 ZIONSVILLE ROAD, INDIANAPOLIS IN 46268
Timothy P Glenn officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Fuerer Cornel B director, officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
David J Anderson officer: EVP, Chief Financial Officer C/O HONEYWELL INTERNATIONAL INC, 101 COLUMBIA ROAD, MORRISTOWN NJ 09762
Charles V. Magro director, officer: CEO C/O CORTEVA, INC., 974 CENTRE ROAD, CRP 735, WILMINGTON DE 19805
Audrey Grimm officer: See Remarks C/O CORTEVA, INC., 9330 ZIONSVILLE ROAD, INDIANAPOLIS IN 46268
Klaus A Engel director C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Meghan Cassidy officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Brian Titus officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Rajan Gajaria officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Janet Plaut Giesselman director 25435 HARVARD RD., BEACHWOOD OH 44122
Kerry J Preete director 800 NORTH LINDBERGH BLVD., ST. LOUIS MO 63167
David C Everitt director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Karen H. Grimes director TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034