CTVA vs. APD

Last updated Apr 1, 2026

Compare and contrast key facts about Corteva, Inc. (CTVA) and Air Products and Chemicals, Inc. (APD).

Performance

CTVA vs. APD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Corteva, Inc. (CTVA) and Air Products and Chemicals, Inc. (APD). The values are adjusted to include any dividend payments, if applicable.

CTVA vs. APD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
CTVA Corteva, Inc.	25.17%	18.89%	20.24%	-17.51%	25.58%	23.55%	33.49%	2.91%
APD Air Products and Chemicals, Inc.	18.46%	-12.66%	8.09%	-8.95%	3.91%	13.75%	18.82%	16.70%

Fundamentals

Market Cap CTVA : $56.48B APD : $64.75B
EPS CTVA : $1.61 APD : -$1.50
PS Ratio CTVA : 3.27 APD : 5.30
PB Ratio CTVA : 2.34 APD : 4.20
Total Revenue (TTM) CTVA : $17.40B APD : $12.21B
Gross Profit (TTM) CTVA : $6.57B APD : $3.86B
EBITDA (TTM) CTVA : $2.71B APD : $1.41B

Returns By Period

In the year-to-date period, CTVA achieves a 25.17% return, which is significantly higher than APD's 18.46% return.

CTVA

• 1D: 0.92%
• 1M: 4.72%
• YTD: 25.17%
• 6M: 24.39%
• 1Y: 34.32%
• 3Y*: 12.80%
• 5Y*: 13.60%
• 10Y*: —

APD

• 1D: -0.37%
• 1M: 5.38%
• YTD: 18.46%
• 6M: 8.00%
• 1Y: 1.12%
• 3Y*: 2.79%
• 5Y*: 2.80%
• 10Y*: 9.76%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CTVA vs. APD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CTVA

CTVA Risk / Return Rank: 77
CTVA Sharpe Ratio Rank: 82
CTVA Sortino Ratio Rank: 73
CTVA Omega Ratio Rank: 79
CTVA Calmar Ratio Rank: 76
CTVA Martin Ratio Rank: 74

APD

APD Risk / Return Rank: 41
APD Sharpe Ratio Rank: 43
APD Sortino Ratio Rank: 37
APD Omega Ratio Rank: 37
APD Calmar Ratio Rank: 45
APD Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CTVA vs. APD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Corteva, Inc. (CTVA) and Air Products and Chemicals, Inc. (APD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CTVA	APD	Difference
Sharpe ratio Return per unit of total volatility	1.34	0.04	+1.30
Sortino ratio Return per unit of downside risk	1.73	0.26	+1.47
Omega ratio Gain probability vs. loss probability	1.27	1.03	+0.24
Calmar ratio Return relative to maximum drawdown	1.86	0.09	+1.76
Martin ratio Return relative to average drawdown	4.10	0.21	+3.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CTVA vs. APD - Sharpe Ratio Comparison

The current CTVA Sharpe Ratio is 1.34, which is higher than the APD Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of CTVA and APD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CTVA	APD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	0.04	+1.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.11	+0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.42	+0.14

Correlation

The correlation between CTVA and APD is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CTVA vs. APD - Dividend Comparison

CTVA's dividend yield for the trailing twelve months is around 0.85%, less than APD's 2.46% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CTVA Corteva, Inc.	0.85%	1.04%	1.16%	1.29%	0.99%	1.14%	1.34%	0.88%	0.00%	0.00%	0.00%	0.00%
APD Air Products and Chemicals, Inc.	2.46%	2.89%	1.83%	2.56%	2.10%	1.97%	1.96%	1.97%	2.75%	2.32%	2.39%	2.49%

Drawdowns

CTVA vs. APD - Drawdown Comparison

The maximum CTVA drawdown since its inception was -34.76%, smaller than the maximum APD drawdown of -60.30%. Use the drawdown chart below to compare losses from any high point for CTVA and APD.

Drawdown Indicators

	CTVA	APD	Difference
Max Drawdown Largest peak-to-trough decline	-34.76%	-60.30%	+25.54%
Max Drawdown (1Y) Largest decline over 1 year	-20.71%	-22.39%	+1.68%
Max Drawdown (5Y) Largest decline over 5 years	-34.76%	-31.77%	-2.99%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.77%	—
Current Drawdown Current decline from peak	0.00%	-11.78%	+11.78%
Average Drawdown Average peak-to-trough decline	-10.65%	-11.06%	+0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.38%	9.51%	-0.13%

Volatility

CTVA vs. APD - Volatility Comparison

Corteva, Inc. (CTVA) has a higher volatility of 7.61% compared to Air Products and Chemicals, Inc. (APD) at 6.75%. This indicates that CTVA's price experiences larger fluctuations and is considered to be riskier than APD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CTVA	APD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.61%	6.75%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	18.22%	20.83%	-2.61%
Volatility (1Y) Calculated over the trailing 1-year period	25.93%	28.28%	-2.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.97%	25.98%	+0.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.92%	25.86%	+7.06%

Financials

CTVA vs. APD - Profitability Comparison

The chart below illustrates the profitability comparison between Corteva, Inc. and Air Products and Chemicals, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CTVA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Corteva, Inc. reported a gross profit of 0.00 and revenue of 3.91B. Therefore, the gross margin over that period was 0.0%.

APD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Air Products and Chemicals, Inc. reported a gross profit of 995.00M and revenue of 3.10B. Therefore, the gross margin over that period was 32.1%.

CTVA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Corteva, Inc. reported an operating income of -1.15B and revenue of 3.91B, resulting in an operating margin of -29.3%.

APD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Air Products and Chemicals, Inc. reported an operating income of 734.50M and revenue of 3.10B, resulting in an operating margin of 23.7%.

CTVA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Corteva, Inc. reported a net income of -552.00M and revenue of 3.91B, resulting in a net margin of -14.1%.

APD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Air Products and Chemicals, Inc. reported a net income of 678.20M and revenue of 3.10B, resulting in a net margin of 21.9%.