Corteva (CTVA) Tax Rate (2018 - 2026)
Corteva (CTVA) posted Tax Rate of 25.11% for Q2 2026, up 61.97% on a QoQ basis from 15.5% in Q1 2026, and up 172.0% year-over-year from 9.23% in Q2 2025.
Analysis
Corteva (CTVA) Tax Rate (2018 - 2026) Analysis & Trends
Corteva has reported Tax Rate for 9 years, with the latest figure at 25.11% in Q2 2026.
- On a quarterly basis, Tax Rate rose 172.0% year-over-year to 25.11% in Q2 2026; TTM through Jun 2026 was 30.7%, a 314.0% increase from a year earlier, with the FY2025 full-year figure at 28.67%, down 364.0% from the prior year.
- Tax Rate was 25.11% for Q2 2026 at Corteva, up from 15.5% in the prior quarter.
- The five-year high for Tax Rate was 156.82% in Q4 2024, with the low at 24.49% in Q2 2022.
- Average Tax Rate over 5 years is 27.87%, with a median of 19.95% recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Tax Rate surged 36869 bps in 2022, then sank 15814 bps in 2025.
- Over 5 years, Tax Rate stood at 79.8% in 2022, then slumped by 64 bps to 28.48% in 2023, then soared by 451 bps to 156.82% in 2024, then slumped by 101 bps to 1.32% in 2025, then jumped by 2001 bps to 25.11% in 2026.
- The last three Tax Rate figures came in at 25.11% (Q2 2026), 15.5% (Q1 2026), and 1.32% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Corteva | 56.80 Bn | 54.44 Bn | 3.66 Bn | 25.11% |
| 2 | Fmc | 1.54 Bn | 1.07 Bn | 342.10 Mn | 0.77% |
| 3 | Cibus | 122.04 Mn | 101.61 Mn | - | -0.03% |
| 4 | American Vanguard | 64.46 Mn | 20.56 Mn | 34.71 Mn | -4.04% |
| 5 | Bioceres Crop Solutions | 27.19 Mn | 12.29 Mn | 12.70 Mn | -22.86% |
| 6 | Genvor | 24.90 Mn | 24.70 Mn | - | - |
| 7 | Origin Agritech | 7.64 Mn | 4.07 Mn | - | - |
| 8 | SenesTech | 4.67 Mn | -413,515.58 | 567,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.11% |
| Mar 31, 2026 | 15.50% |
| Dec 31, 2025 | -1.32% |
| Sep 30, 2025 | 16.76% |
| Jun 30, 2025 | 23.39% |
| Mar 31, 2025 | 14.92% |
| Dec 31, 2024 | 156.82% |
| Sep 30, 2024 | 18.01% |
| Jun 30, 2024 | 21.08% |
| Mar 31, 2024 | 21.99% |
| Dec 31, 2023 | 28.48% |
| Sep 30, 2023 | 29.05% |
| Jun 30, 2023 | 18.82% |
| Mar 31, 2023 | 21.78% |
| Dec 31, 2022 | 79.80% |
| Sep 30, 2022 | 18.69% |
| Jun 30, 2022 | -24.49% |
| Mar 31, 2022 | 17.34% |
| Dec 31, 2021 | 36.73% |
| Sep 30, 2021 | -350.00% |