Corteva (CTVA) Tax Rate (2019 - 2026)
Corteva (CTVA) reported Tax Rate of 25.11% for Q2 2026, up 1.72 percentage points from 23.39% a year earlier and up 9.61 percentage points from the prior quarter.
Corteva (CTVA) Tax Rate (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Corteva's Tax Rate came in at 30.70%, up 3.14 percentage points year-over-year; for FY2025, it came in at 28.67%, down 3.64 percentage points from FY2024.
- Tax Rate has a five-year change of +40.67 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 32.31% in FY2024 (+18.41 pp), 13.91% in FY2023 (-0.82 pp), 14.73% in FY2022 (-7.61 pp) and 22.34% in FY2021 (+34.34 pp).
- The Q2 2026 figure ranks as the highest quarterly Tax Rate since Q4 2024.
- Year over year, Tax Rate gained in four of the last eight quarters, with an average year-over-year change of -5.57 percentage points.
- The high point for year-over-year Tax Rate in five years was Q3 2022 (a gain of 368.69 percentage points); the low point was Q3 2021 (a drop of 373.08 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 15.50% (Q1 2026), -1.32% (Q4 2025) and 16.76% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | - |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | 25.11% |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 29.21% |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | 21.50% |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 31.66% |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | 20.01% |
| 10 | Ppg Industries | 23.77 Bn | 16.57 Bn | 1.81 Bn | 22.32% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.11% |
| Mar 31, 2026 | 15.50% |
| Jun 30, 2025 | 23.39% |
| Mar 31, 2025 | 14.92% |
| Dec 31, 2024 | 156.82% |
| Jun 30, 2024 | 21.08% |
| Mar 31, 2024 | 21.99% |
| Jun 30, 2023 | 18.82% |
| Mar 31, 2023 | 21.78% |
| Mar 31, 2022 | 17.34% |
| Dec 31, 2021 | 36.73% |
| Jun 30, 2021 | 21.81% |
| Mar 31, 2021 | 22.50% |
| Jun 30, 2020 | 9.24% |
| Mar 31, 2020 | 31.13% |
| Jun 30, 2019 | 35.86% |
Corteva Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CTVA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CTVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CTVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();