Corteva Inc
CTVA: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @T | LOCK|H>S!t | LOCK|?Q#<<Y!# |
Corteva's Growing Premium Seed and Crop Protection Products Should Drive Long-Term Margin Expansion
Business Strategy and Outlook
Corteva is an agriculture pure play that was formed in 2019 when it was spun out of DowDuPont. The company is a global leader in seeds and crop protection products. Seeds generated around 64% of profits in 2024, with the remaining 36% coming from crop protection. Corteva develops its pipeline by investing around 8% of sales in research and development. New products should generate sales and profit growth even as patents expire and generic products enter the market.
