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Side-by-side financial comparison of Corteva (CTVA) and MUELLER INDUSTRIES INC (MLI). Click either name above to swap in a different company.

Corteva is the larger business by last-quarter revenue ($3.9B vs $962.4M, roughly 4.1× MUELLER INDUSTRIES INC). MUELLER INDUSTRIES INC runs the higher net margin — 16.0% vs -14.1%, a 30.1% gap on every dollar of revenue. On growth, MUELLER INDUSTRIES INC posted the faster year-over-year revenue change (4.2% vs -1.7%). Corteva produced more free cash flow last quarter ($4.2B vs $121.4M). Over the past eight quarters, MUELLER INDUSTRIES INC's revenue compounded faster (6.4% CAGR vs -6.7%).

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.

Mueller Industries is an American manufacturing company that specializes in piping, industrial metals and climate machinery. It was founded in 1917 and is included on the Fortune 1000 list in 2022. The head office of the company is located in Memphis, Tennessee. Mueller Industries, Inc. is a multi-billion dollar revenue company that is publicly traded.

CTVA vs MLI — Head-to-Head

Bigger by revenue
CTVA
CTVA
4.1× larger
CTVA
$3.9B
$962.4M
MLI
Growing faster (revenue YoY)
MLI
MLI
+5.9% gap
MLI
4.2%
-1.7%
CTVA
Higher net margin
MLI
MLI
30.1% more per $
MLI
16.0%
-14.1%
CTVA
More free cash flow
CTVA
CTVA
$4.0B more FCF
CTVA
$4.2B
$121.4M
MLI
Faster 2-yr revenue CAGR
MLI
MLI
Annualised
MLI
6.4%
-6.7%
CTVA

Income Statement — Q4 2025 vs Q4 2025

Metric
CTVA
CTVA
MLI
MLI
Revenue
$3.9B
$962.4M
Net Profit
$-552.0M
$153.7M
Gross Margin
42.4%
Operating Margin
-13.6%
17.9%
Net Margin
-14.1%
16.0%
Revenue YoY
-1.7%
4.2%
Net Profit YoY
-1246.3%
11.7%
EPS (diluted)
$-0.80
$1.37

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
MLI
MLI
Q4 25
$3.9B
$962.4M
Q3 25
$2.6B
$1.1B
Q2 25
$6.5B
$1.1B
Q1 25
$4.4B
$1.0B
Q4 24
$4.0B
$923.5M
Q3 24
$2.3B
$997.8M
Q2 24
$6.1B
$997.7M
Q1 24
$4.5B
$849.7M
Net Profit
CTVA
CTVA
MLI
MLI
Q4 25
$-552.0M
$153.7M
Q3 25
$-320.0M
$208.1M
Q2 25
$1.3B
$245.9M
Q1 25
$652.0M
$157.4M
Q4 24
$-41.0M
$137.7M
Q3 24
$-524.0M
$168.7M
Q2 24
$1.1B
$160.2M
Q1 24
$419.0M
$138.4M
Gross Margin
CTVA
CTVA
MLI
MLI
Q4 25
42.4%
Q3 25
37.2%
Q2 25
54.6%
Q1 25
47.0%
Q4 24
37.3%
Q3 24
32.7%
27.6%
Q2 24
52.3%
27.3%
Q1 24
43.2%
28.4%
Operating Margin
CTVA
CTVA
MLI
MLI
Q4 25
-13.6%
17.9%
Q3 25
-14.1%
25.6%
Q2 25
27.9%
26.7%
Q1 25
17.7%
20.6%
Q4 24
2.2%
18.4%
Q3 24
-27.2%
20.7%
Q2 24
21.9%
21.0%
Q1 24
10.7%
21.6%
Net Margin
CTVA
CTVA
MLI
MLI
Q4 25
-14.1%
16.0%
Q3 25
-12.2%
19.3%
Q2 25
20.4%
21.6%
Q1 25
14.8%
15.7%
Q4 24
-1.0%
14.9%
Q3 24
-22.5%
16.9%
Q2 24
17.2%
16.1%
Q1 24
9.3%
16.3%
EPS (diluted)
CTVA
CTVA
MLI
MLI
Q4 25
$-0.80
$1.37
Q3 25
$-0.47
$1.88
Q2 25
$1.92
$2.22
Q1 25
$0.95
$1.39
Q4 24
$-0.05
$1.21
Q3 24
$-0.76
$1.48
Q2 24
$1.51
$1.41
Q1 24
$0.60
$1.21

Balance Sheet & Financial Strength

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

Metric
CTVA
CTVA
MLI
MLI
Cash + ST InvestmentsLiquidity on hand
$4.5B
$1.4B
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$24.1B
$3.2B
Total Assets
$42.8B
$3.7B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTVA
CTVA
MLI
MLI
Q4 25
$4.5B
$1.4B
Q3 25
$2.6B
$1.3B
Q2 25
$2.1B
$1.1B
Q1 25
$2.0B
$873.6M
Q4 24
$3.2B
$1.1B
Q3 24
$2.5B
$969.6M
Q2 24
$2.0B
$825.7M
Q1 24
$1.7B
$1.4B
Total Debt
CTVA
CTVA
MLI
MLI
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
MLI
MLI
Q4 25
$24.1B
$3.2B
Q3 25
$25.2B
$3.1B
Q2 25
$25.9B
$2.9B
Q1 25
$24.3B
$2.7B
Q4 24
$23.8B
$2.8B
Q3 24
$24.7B
$2.7B
Q2 24
$25.2B
$2.5B
Q1 24
$24.8B
$2.4B
Total Assets
CTVA
CTVA
MLI
MLI
Q4 25
$42.8B
$3.7B
Q3 25
$42.2B
$3.7B
Q2 25
$41.8B
$3.5B
Q1 25
$42.1B
$3.2B
Q4 24
$40.8B
$3.3B
Q3 24
$41.9B
$3.2B
Q2 24
$41.5B
$3.1B
Q1 24
$43.6B
$2.9B
Debt / Equity
CTVA
CTVA
MLI
MLI
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
MLI
MLI
Operating Cash FlowLast quarter
$4.4B
$141.2M
Free Cash FlowOCF − Capex
$4.2B
$121.4M
FCF MarginFCF / Revenue
106.2%
12.6%
Capex IntensityCapex / Revenue
5.7%
2.1%
Cash ConversionOCF / Net Profit
0.92×
TTM Free Cash FlowTrailing 4 quarters
$2.8B
$686.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTVA
CTVA
MLI
MLI
Q4 25
$4.4B
$141.2M
Q3 25
$193.0M
$310.1M
Q2 25
$947.0M
$190.6M
Q1 25
$-2.1B
$113.6M
Q4 24
$4.2B
$140.1M
Q3 24
$130.0M
$231.4M
Q2 24
$451.0M
$100.8M
Q1 24
$-2.6B
$173.6M
Free Cash Flow
CTVA
CTVA
MLI
MLI
Q4 25
$4.2B
$121.4M
Q3 25
$36.0M
$291.8M
Q2 25
$829.0M
$176.5M
Q1 25
$-2.2B
$97.0M
Q4 24
$4.0B
$111.2M
Q3 24
$-24.0M
$205.7M
Q2 24
$337.0M
$91.6M
Q1 24
$-2.8B
$157.2M
FCF Margin
CTVA
CTVA
MLI
MLI
Q4 25
106.2%
12.6%
Q3 25
1.4%
27.1%
Q2 25
12.8%
15.5%
Q1 25
-49.9%
9.7%
Q4 24
100.4%
12.0%
Q3 24
-1.0%
20.6%
Q2 24
5.5%
9.2%
Q1 24
-61.4%
18.5%
Capex Intensity
CTVA
CTVA
MLI
MLI
Q4 25
5.7%
2.1%
Q3 25
6.0%
1.7%
Q2 25
1.8%
1.2%
Q1 25
2.1%
1.7%
Q4 24
4.6%
3.1%
Q3 24
6.6%
2.6%
Q2 24
1.9%
0.9%
Q1 24
3.3%
1.9%
Cash Conversion
CTVA
CTVA
MLI
MLI
Q4 25
0.92×
Q3 25
1.49×
Q2 25
0.72×
0.78×
Q1 25
-3.23×
0.72×
Q4 24
1.02×
Q3 24
1.37×
Q2 24
0.43×
0.63×
Q1 24
-6.23×
1.25×

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%

MLI
MLI

Tube And Fittings$484.6M50%
Industrial Metals$252.2M26%
Valves And Plumbing Specialties$122.5M13%
Flex Duct And Other HVAC Components$80.8M8%
Other Products$14.9M2%

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