CortevaCTVA +1.24%82 Operating Margin % is 23.55% as of Mar. 2026, which is 220% above its 10-year median of 7.36. 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. Among 251 Agriculture companies, Corteva ranks better than 85.66% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Corteva's Operating Income for the
three
months ended in Mar. 2026 was $1,155 Mil. Corteva's Revenue for the
three
months ended in Mar. 2026 was $4,905 Mil. Therefore, Corteva's Operating Margin % for the quarter that ended in Mar. 2026 was 23.55%.
Good Sign:
Corteva Inc operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Corteva's Operating Margin % or its related term are showing as below:
CTVA'
s Operating Margin % Range Over the Past 10 Years
Min: -3.14 Med: 7.36 Max: 16.54
Current: 16.54
CTVA's Operating Margin % is ranked better than 85.66% of 251
companies
in the Agriculture industry
Industry Median: 6.76
vs CTVA: 16.54
Corteva's 5-Year Average Operating Margin % Growth Rate was 18.40% per year.
Corteva's Operating Income for the
three
months ended in Mar. 2026 was $1,155 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $2,959 Mil.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Corteva Operating Margin % Related Terms
Corteva Operating Margin % Historical Data
* Premium members only.
The historical data trend for Corteva's Operating Margin % 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.
CTVA vs CF, MOS, SMG: Operating Margin % Comparison
For the Agricultural Inputs subindustry, Corteva's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Corteva's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Corteva's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Corteva's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (CTVA) has a Operating Margin % of 23.55% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Corteva and its competitors. This is 220% above median its historical median of 7.36. According to the industry distribution chart, Corteva ranks #36 out of 251 companies in the Agriculture industry, placing it in the top 14.3%.
Is Corteva's Operating Margin % too high?
Corteva's current Operating Margin % of 23.55% is 220% above median its 10-year median of 7.36. The Agriculture industry median Operating Margin % is 6.76. Corteva's value of 23.55% is 248.4% above this industry median. Based on the distribution chart, Corteva ranks #36 out of 251 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. 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 Operating Margin % compare to CF and MOS?
According to the Agriculture industry distribution chart, Corteva ranks #36 out of 251 companies for Operating Margin %. This places Corteva in the top 14% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.76. Corteva's value of 23.55% is 248.4% above this benchmark. While the company's 10-year median is 7.36 vs. the industry median of 6.76, Corteva has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for an Agriculture company?
The median Operating Margin % among Agriculture companies is 6.76, based on 251 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Corteva's current Operating Margin % of 23.55% is 248.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Corteva and its competitors. For the Agriculture industry, the median Operating Margin % is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corteva's current Operating Margin % is 23.55%, which is 220% above median its own 10-year median of 7.36. 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 Operating Margin % is 23.55%, which is 220% above median its 10-year median of 7.36 and 248.4% above the Agriculture industry median of 6.76. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Corteva (CTVA), the current Operating Margin % is 23.55% 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:
Operating Margin %: 23.55% (220% above median its 10-year median of 7.36)
GF Value™: $64.57 vs. price of $80.09 (24% above fair value)
Industry Position: 248.4% above the Agriculture median (#36 of 251)
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 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
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