Corteva
CTVA
$57.29
Share price
-0.40%
Change (1 day)
-0.52%
Change (1 year)
Categories
Corteva, Inc. also known as Corteva Agriscience is an American agricultural chemical and seed company.
Operating Margin for Corteva (CTVA)
Operating Margin as of May 2024 (TTM): 8.14%
According to Corteva 's latest financial reports and stock price the company's current Operating Margin is 8.14%. At the end of 2022 the company had an Operating Margin of 8.17%.
Operating Margin history for Corteva from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 8.17% | -45.48% |
| 2021 | 14.99% | 215.63% |
| 2020 | 4.75% | -308.03% |
| 2019 | -2.28% | -92.84% |
| 2018 | -31.88% | 1113.64% |
| 2017 | -2.63% | -242.94% |
| 2016 | 1.84% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Corteva
CTVA | 8.14% | 0.00% | 🇺🇸 USA |
 Tractor Supply TSCO | 9.67% | 18.80% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.