Corteva Inc
NYSE:CTVA
ROIC
Return on Invested Capital
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
ROIC Across Competitors
ROIC Comparison
Corteva Inc Competitors
Country | US |
Market Cap | 38.4B USD |
ROIC |
5%
|
Country | CA |
Market Cap | 35.4B CAD |
ROIC |
6%
|
Country | US |
Market Cap | 14.9B USD |
ROIC |
17%
|
Country | SA |
Market Cap | 51.7B SAR |
ROIC |
25%
|
Country | CL |
Market Cap | 12.4B USD |
ROIC |
61%
|
Country | CN |
Market Cap | 86.1B CNY |
ROIC |
38%
|
Country | US |
Market Cap | 9.9B USD |
ROIC |
7%
|
Country | RU |
Market Cap | 863.5B RUB |
ROIC |
25%
|
Country | CN |
Market Cap | 60.2B CNY |
ROIC |
11%
|
Country | NO |
Market Cap | 85.3B NOK |
ROIC |
1%
|
Country | US |
Market Cap | 7.3B USD |
ROIC |
32%
|
Profitability Report
View the profitability report to see the full profitability analysis for Corteva Inc.
See Also
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
Based on Corteva Inc's most recent financial statements, the company has ROIC of 5.2%.