Corteva (CTVA) 10-K Summary — Year Ended Dec 31, 2023
Corteva filed its annual report for the most recent fiscal year. The filing provides an overview of the company's business, risk factors, and management's discussion of financial results.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
Corteva filed its annual report for the most recent fiscal year. The filing provides an overview of the company's business, risk factors, and management's discussion of financial results.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$17.2B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$735M
Net income reported for the year.
Operating cash flow
$1.8B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $15.7B | n/a |
| Dec 31, 2022 | $17.5B | +11.5% |
| Dec 31, 2023 | $17.2B | -1.3% |
Business overview
The filing's Business Overview section describes Corteva's operations. No further details from the supplied JSON are available to elaborate on the company's specific activities.
Financial performance
Revenue declined slightly after a prior year increase, while net income was positive and operating cash flow was substantial. The trend in revenue shows a decrease from the previous year's level.
Material risks
The filing includes a dedicated Risk Factors section that identifies material risks. The specific risks are not detailed in the supplied JSON, so no further elaboration is possible.
Liquidity and capital
The Management's Discussion and Analysis section addresses financial condition and liquidity. The company reported operating cash flow, which is a key component of its liquidity profile.
What to watch
In the next filing, monitor whether revenue returns to growth or declines further.