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 four-year change of +6.34 percentage points (FY2021 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.
- The Q2 2026 figure ranks as the highest quarterly Tax Rate since Q4 2024.
- Year over year, Tax Rate gained in three of the last four quarters, with an average year-over-year change of -0.61 percentage points.
- The high point for year-over-year Tax Rate in five years was Q1 2023 (a gain of 4.44 percentage points); the low point was Q1 2025 (a drop of 7.07 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 21.10% |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 22.93% |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 22.80% |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | - |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 19.42% |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | 29.50% |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 24.25% |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 20.65% |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | 21.04% |
| 10 | Corteva | 8.13 Bn | -3.08 Bn | 3.66 Bn | 25.11% |
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();