Filing Flows › Corteva (CTVA) › Q4 2024
Corteva (CTVA) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 14, 2025
Corteva (CTVA) reported revenue of $4.0B for the fourth quarter 2024 (Q4 2024), +7% from a year earlier and +71% from the quarter before. Operating margin was 2.5%, net loss $39.0M (1.0% of revenue).
Corteva, Q4 2024: revenue $4.0B (+7% year over year), operating margin 2.5%, net loss $39.0M, operating cash flow $4.2B. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0B | +71% | +7% |
| Operating profit | $99.0M | — | — |
| Net earnings | −$39.0M | — | — |
| Operating cash flow | $4.2B | 32× | -5% |
| Free cash flow | $4.0B | — | -5% |
What changed
Revenue was $4.0B in Q4 2024, up 7% year over year and up 71% from the previous quarter. Crop Protection was the largest line at 55% of revenue.
Operating profit was $0.10B, a 2.5% margin (up 11.7 points year over year). Total costs fell 4% while revenue rose 7%. The quarter ended with a net loss of $0.04B, narrower than the previous quarter's $0.52B loss.
Operating cash flow was $4.2B (down 5% year over year). Non-cash charges added back $0.30B of depreciation and amortization. Working capital and other items added $3.9B. Capital expenditures of $0.18B left free cash flow of $4.0B.
Questions
What was Corteva's revenue in the fourth quarter 2024?
Corteva (CTVA) reported revenue of $4.0B for the fourth quarter 2024 (Q4 2024), +7% from a year earlier and +71% from the quarter before.
Was Corteva profitable in the fourth quarter 2024?
Operating profit was $99.0M (2.5% of revenue) and net loss $39.0M.
Source: Corteva 10-K on SEC EDGAR.