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Side-by-side financial comparison of Corteva (CTVA) and Interpublic Group of Companies (The) (IPG). Click either name above to swap in a different company.

Corteva is the larger business by last-quarter revenue ($3.9B vs $2.1B, roughly 1.8× Interpublic Group of Companies (The)). Interpublic Group of Companies (The) runs the higher net margin — 5.8% vs -14.1%, a 19.9% gap on every dollar of revenue. On growth, Corteva posted the faster year-over-year revenue change (-1.7% vs -4.8%). Corteva produced more free cash flow last quarter ($4.2B vs $153.6M). Over the past eight quarters, Corteva's revenue compounded faster (-6.7% CAGR vs -9.1%).

Corteva, Inc. is an American company devoted to products for seeds and crop protection, including herbicides, insecticides, fungicides, and biologicals that are sold in 110 countries. The company's name combines "cor" with "teva". It is headquartered in Indianapolis, Indiana. Corteva sells a large portion of their seeds under the Pioneer Hi-Bred International brand.

The Interpublic Group of Companies, Inc. (IPG) was an American advertising company based in New York City. It consisted of the five major networks FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group and Marketing Specialists, as well as several independent specialty agencies in the areas of public relations, sports marketing, talent representation and healthcare. Prior to the Omnicom acquisition, it was one of the "Big Four" agency companies, alongside WPP, Publicis, and Omnicom. The co...

CTVA vs IPG — Head-to-Head

Bigger by revenue
CTVA
CTVA
1.8× larger
CTVA
$3.9B
$2.1B
IPG
Growing faster (revenue YoY)
CTVA
CTVA
+3.1% gap
CTVA
-1.7%
-4.8%
IPG
Higher net margin
IPG
IPG
19.9% more per $
IPG
5.8%
-14.1%
CTVA
More free cash flow
CTVA
CTVA
$4.0B more FCF
CTVA
$4.2B
$153.6M
IPG
Faster 2-yr revenue CAGR
CTVA
CTVA
Annualised
CTVA
-6.7%
-9.1%
IPG

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CTVA
CTVA
IPG
IPG
Revenue
$3.9B
$2.1B
Net Profit
$-552.0M
$124.2M
Gross Margin
42.4%
Operating Margin
-13.6%
10.3%
Net Margin
-14.1%
5.8%
Revenue YoY
-1.7%
-4.8%
Net Profit YoY
-1246.3%
517.9%
EPS (diluted)
$-0.80
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTVA
CTVA
IPG
IPG
Q4 25
$3.9B
Q3 25
$2.6B
$2.1B
Q2 25
$6.5B
$2.2B
Q1 25
$4.4B
$2.0B
Q4 24
$4.0B
$2.4B
Q3 24
$2.3B
$2.2B
Q2 24
$6.1B
$2.3B
Q1 24
$4.5B
$2.2B
Net Profit
CTVA
CTVA
IPG
IPG
Q4 25
$-552.0M
Q3 25
$-320.0M
$124.2M
Q2 25
$1.3B
$162.5M
Q1 25
$652.0M
$-85.4M
Q4 24
$-41.0M
$344.5M
Q3 24
$-524.0M
$20.1M
Q2 24
$1.1B
$214.5M
Q1 24
$419.0M
$110.4M
Gross Margin
CTVA
CTVA
IPG
IPG
Q4 25
42.4%
Q3 25
37.2%
Q2 25
54.6%
Q1 25
47.0%
-3.2%
Q4 24
37.3%
10.1%
Q3 24
32.7%
2.9%
Q2 24
52.3%
1.2%
Q1 24
43.2%
-1.1%
Operating Margin
CTVA
CTVA
IPG
IPG
Q4 25
-13.6%
Q3 25
-14.1%
10.3%
Q2 25
27.9%
11.2%
Q1 25
17.7%
-2.1%
Q4 24
2.2%
23.3%
Q3 24
-27.2%
5.9%
Q2 24
21.9%
13.7%
Q1 24
10.7%
8.4%
Net Margin
CTVA
CTVA
IPG
IPG
Q4 25
-14.1%
Q3 25
-12.2%
5.8%
Q2 25
20.4%
7.5%
Q1 25
14.8%
-4.3%
Q4 24
-1.0%
14.1%
Q3 24
-22.5%
0.9%
Q2 24
17.2%
9.2%
Q1 24
9.3%
5.1%
EPS (diluted)
CTVA
CTVA
IPG
IPG
Q4 25
$-0.80
Q3 25
$-0.47
$0.34
Q2 25
$1.92
$0.44
Q1 25
$0.95
$-0.23
Q4 24
$-0.05
$0.92
Q3 24
$-0.76
$0.05
Q2 24
$1.51
$0.57
Q1 24
$0.60
$0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTVA
CTVA
IPG
IPG
Cash + ST InvestmentsLiquidity on hand
$4.5B
$1.5B
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$24.1B
$3.7B
Total Assets
$42.8B
$17.0B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTVA
CTVA
IPG
IPG
Q4 25
$4.5B
Q3 25
$2.6B
$1.5B
Q2 25
$2.1B
$1.6B
Q1 25
$2.0B
$1.9B
Q4 24
$3.2B
$2.2B
Q3 24
$2.5B
$1.5B
Q2 24
$2.0B
$1.5B
Q1 24
$1.7B
$1.9B
Total Debt
CTVA
CTVA
IPG
IPG
Q4 25
$1.7B
Q3 25
$1.7B
Q2 25
$1.7B
Q1 25
$1.8B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$2.5B
Q1 24
$2.5B
Stockholders' Equity
CTVA
CTVA
IPG
IPG
Q4 25
$24.1B
Q3 25
$25.2B
$3.7B
Q2 25
$25.9B
$3.7B
Q1 25
$24.3B
$3.6B
Q4 24
$23.8B
$3.8B
Q3 24
$24.7B
$3.7B
Q2 24
$25.2B
$3.8B
Q1 24
$24.8B
$3.8B
Total Assets
CTVA
CTVA
IPG
IPG
Q4 25
$42.8B
Q3 25
$42.2B
$17.0B
Q2 25
$41.8B
$17.0B
Q1 25
$42.1B
$17.1B
Q4 24
$40.8B
$18.3B
Q3 24
$41.9B
$17.1B
Q2 24
$41.5B
$17.0B
Q1 24
$43.6B
$17.3B
Debt / Equity
CTVA
CTVA
IPG
IPG
Q4 25
0.07×
Q3 25
0.07×
Q2 25
0.07×
Q1 25
0.07×
Q4 24
0.08×
Q3 24
0.08×
Q2 24
0.10×
Q1 24
0.10×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTVA
CTVA
IPG
IPG
Operating Cash FlowLast quarter
$4.4B
$180.1M
Free Cash FlowOCF − Capex
$4.2B
$153.6M
FCF MarginFCF / Revenue
106.2%
7.2%
Capex IntensityCapex / Revenue
5.7%
1.2%
Cash ConversionOCF / Net Profit
1.45×
TTM Free Cash FlowTrailing 4 quarters
$2.8B
$806.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTVA
CTVA
IPG
IPG
Q4 25
$4.4B
Q3 25
$193.0M
$180.1M
Q2 25
$947.0M
$-96.0M
Q1 25
$-2.1B
$-37.0M
Q4 24
$4.2B
$868.1M
Q3 24
$130.0M
$223.8M
Q2 24
$451.0M
$120.7M
Q1 24
$-2.6B
$-157.4M
Free Cash Flow
CTVA
CTVA
IPG
IPG
Q4 25
$4.2B
Q3 25
$36.0M
$153.6M
Q2 25
$829.0M
$-121.8M
Q1 25
$-2.2B
$-58.5M
Q4 24
$4.0B
$833.5M
Q3 24
$-24.0M
$186.5M
Q2 24
$337.0M
$85.9M
Q1 24
$-2.8B
$-192.5M
FCF Margin
CTVA
CTVA
IPG
IPG
Q4 25
106.2%
Q3 25
1.4%
7.2%
Q2 25
12.8%
-5.6%
Q1 25
-49.9%
-2.9%
Q4 24
100.4%
34.2%
Q3 24
-1.0%
8.3%
Q2 24
5.5%
3.7%
Q1 24
-61.4%
-8.8%
Capex Intensity
CTVA
CTVA
IPG
IPG
Q4 25
5.7%
Q3 25
6.0%
1.2%
Q2 25
1.8%
1.2%
Q1 25
2.1%
1.1%
Q4 24
4.6%
1.4%
Q3 24
6.6%
1.7%
Q2 24
1.9%
1.5%
Q1 24
3.3%
1.6%
Cash Conversion
CTVA
CTVA
IPG
IPG
Q4 25
Q3 25
1.45×
Q2 25
0.72×
-0.59×
Q1 25
-3.23×
Q4 24
2.52×
Q3 24
11.13×
Q2 24
0.43×
0.56×
Q1 24
-6.23×
-1.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CTVA
CTVA

Corn$1.4B35%
Herbicides$1.1B27%
Insecticides$488.0M12%
Fungicides$272.0M7%
Biologicals$191.0M5%
Soybean$164.0M4%
Other$160.0M4%
Otheroilseeds$94.0M2%

IPG
IPG

MDE$619.0M29%
IAC$574.9M27%
Other$527.9M25%
SCE$413.8M19%

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