CTVA (Corteva) EBIT: $1,942 Mil (TTM As of Mar. 2026)


CTVA Corteva Inc CTVA
82 GF Score
Price $80.09
GF Value $64.57
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Corteva EBIT?

Corteva CTVA +1.24% 82 EBIT is $1,942 Mil as of Mar. 2026. GuruFocus rates CTVA with a GF Score™ of 82/100 and a GF Value™ of $64.57 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Corteva's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $894 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $1,942 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Corteva's annualized ROC % for the quarter that ended in Mar. 2026 was 12.20%. Corteva's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 56.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Corteva's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.52%.


Corteva  (NYSE:CTVA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Corteva's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=4620 * ( 1 - 15.5% )/( (30663 + 33344)/ 2 )
=3903.9/32003.5
=12.20 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Corteva's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3576/( ( (4220 + max(237, 0)) + (4183 + max(3910, 0)) )/ 2 )
=3576/( ( 4457 + 8093 )/ 2 )
=3576/6275
=56.99 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5034 + 5667 + 767) - (7652 + 3579 + 0)
=237

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7759 + 5202 + 1129) - (7407 + 2773 + 0)
=3910

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Corteva's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1942/55198.795
=3.52 %

* 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 EBIT Related Terms


Corteva EBIT Historical Data

* Premium members only.

The historical data trend for Corteva's EBIT 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.

Corteva EBIT Chart

Corteva Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,376.00 1,505.00 1,326.00 1,508.00 1,868.00

Corteva Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 820.00 1,856.00 -324.00 -484.00 894.00

CTVA vs CF, MOS, SMG: EBIT Comparison

For the Agricultural Inputs subindustry, Corteva's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Corteva EV-to-EBIT vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Corteva's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Corteva's EV-to-EBIT falls into.


CTVA
82GF Score
Corteva Inc CTVA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Corteva EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,942 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $1,942 Mil mean?
Corteva (CTVA) has a EBIT of $1,942 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Corteva.
Is Corteva's EBIT too high?
Corteva's current EBIT is $1,942 Mil. Overall, Corteva has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Corteva's EBIT compare to CF and MOS?
Corteva's EBIT of $1,942 Mil can be compared against companies in the Agriculture industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Agriculture company?
A good EBIT depends on the Agriculture industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Corteva. Corteva's current EBIT is $1,942 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corteva stock overvalued right now?
Based on GuruFocus' analysis, Corteva (CTVA) is currently considered Modestly Overvalued. The stock's GF Value™ is $64.57, compared to a current price of $80.09 — trading 24% above its estimated fair value. The current EBIT is $1,942 Mil. Corteva's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Corteva (CTVA), the current EBIT is $1,942 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Corteva (CTVA) Overvalued in 2026?

Based on GuruFocus' analysis, Corteva stock appears to be overvalued. The current stock price of $80.09 is trading 24% above its estimated GF Value™ of $64.57. GuruFocus considers Corteva to be Modestly Overvalued.

Key valuation signals for CTVA:

  • EBIT: $1,942 Mil
  • GF Value™: $64.57 vs. price of $80.09 (24% above fair value)
  • GF Score™: 82/100 with 5 warning signs

No single metric tells the full story. See the CTVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corteva Business Description

Address 9330 Zionsville Road, Indianapolis, IN, USA, 46268
Corteva is an agricultural inputs 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 protection products. Seeds generate the majority of profits with the remainder coming from crop protection products. Corteva plans to spin off its seeds business in late 2026. The seeds business will be named Vylor, while the crop protection business will retain the Corteva name and be a pure-play crop protection company following the divestiture. Corteva operates globally, but around half of revenue comes from North America.
82GF Score

Get the complete analysis for CTVA

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$80.09
Price
$64.57
GF Value