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Corteva Inc
NYSE:CTVA

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Corteva Inc Logo
Corteva Inc
NYSE:CTVA
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Price: 54.77 USD -0.74% Market Closed
Updated: Apr 25, 2024

ROIC
Return on Invested Capital

5.2%
Current
4%
Average
4.7%
Industry
Positive for the last year
5.2%
Positive average
4%
Better than average
Better than industry value

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
5.2%
=
NOPAT
1.8B
/
Invested Capital
37.9B

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

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What is 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
5.2%
=
NOPAT
1.8B
/
Invested Capital
37.9B
What is the ROIC of Corteva Inc?

Based on Corteva Inc's most recent financial statements, the company has ROIC of 5.2%.