COMP <GO>

CTVA vs KO // RETURN ON INVESTED CAPITAL (ROIC)

Corteva Inc. Common Stock (NYSE) VS. Coca-Cola Company (The) (NYSE) • 15-METRIC TALLY: CTVA 7 — KO 8

▲ RETURN ON INVESTED CAPITAL (ROIC) LEADER: KO

LAST: $11.64 (+1.48%) • MKT CAP: $7.65B

roic

3.70%

LAST: $94.08 (+1.36%) • MKT CAP: $399.30B

roic

25.30%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (CTVA VS. KO) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	CTVA	KO	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	47.30%	61.60%	-14.30	KO	/gross-margins <GO>
Return on Invested Capital (ROIC) ACTIVE	3.70%	25.30%	-21.60	KO	/roic <GO>
EV/EBITDA & P/E Valuation	5.9x	26.4x	-20.50	CTVA	/valuation <GO>
Free Cash Flow Yield	22.00%	1.33%	+20.67	CTVA	/fcf-yield <GO>
Operating Margin	7.70%	28.70%	-21.00	KO	/operating-margins <GO>
Net Profit Margin	6.30%	27.30%	-21.00	KO	/net-margins <GO>
Revenue Growth (YoY)	2.90%	1.90%	+1.00	CTVA	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	6.21%	2.20%	+4.01	CTVA	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	0.88	6.84	-5.96	KO	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	7/9	+1.00	CTVA	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.80%	6.60%	+0.20	KO	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	39.9	62.5	-22.63	KO	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.96	0.92	+0.04	CTVA	/macro-sensitivity <GO>
Forward P/E Multiple	6.5x	28.4x	-21.90	CTVA	/forward-pe <GO>
Enterprise Scale & Market Cap	$7.65B	$399.30B	-$391.65B	KO	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	CTVA REV	KO REV	CTVA GROSS %	KO GROSS %	CTVA FCF	KO FCF
FY 2025	$17.40B	$47.94B	47.3%	61.6%	$2.62B	$5.30B
FY 2024	$16.91B	$47.06B	43.6%	61.1%	$1.38B	$4.74B
FY 2023	$17.23B	$45.75B	44.0%	44.0%	$993.8M	$9.54B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

CTVA // BETA 0.96

KO // BETA 0.92