Corteva, Inc.

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Corteva, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $17.4 billion, up 2.92% from fiscal 2024.

Revenue
−1.19%
EPS
−9.90%
Free cash flow
−169.4%
Total debt
+34.3%

Quarter to June 2026, against a year earlier

11.99 0.05 −0.42%
Market cap
$8.0B
P/E
8.0×
Fwd P/E
14.2×
Dividend yield
5.98%
F-score
8/9
Altman Z
0.97
Beneish M
−2.70
Dividend safety
77/100

Corteva, Inc. (CTVA) Altman Z-score

Alert me on Altman Z-score

Corteva, Inc.'s Altman Z-score for fiscal 2025 is 0.97, in the distress zone (below 1.81).

Altman Z-score, annual

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Annual newest first

Period Altman Z-score Change (points)
FY2025 0.97 0.03
FY2024 0.94 0.06
FY2023 0.88 (0.10)
FY2022 0.98 0.01
FY2021 0.97 0.39
FY2019 0.59 —

How fiscal 2025’s score is made up

Component This year Year before Result Points
Working capital / total assets 0.12 — 0.15
Retained earnings / total assets 0.00 — −0.00
EBIT / total assets 0.04 — 0.14
Market value of equity / total liabilities 0.46 — 0.28
Sales / total assets 0.41 — 0.41
Altman Z-score Distress zone 0.97
Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) Grey zone 2.47

Z and Z″ put Corteva, Inc. in different zones: distress zone by Z, grey zone by Z″.

How the Altman Z-score works

Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.

Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.

Zone Z Z″
Safe zoneabove 2.99above 2.60
Grey zone1.81–2.991.10–2.60
Distress zonebelow 1.81below 1.10

Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.

Altman Z-score against peers

What Altman Z-score is

The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.

1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets

The full definition of Altman Z-score →

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