Dupont De Nemours Inc (DD)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 423,000 | 5,868,000 | 6,467,000 | -2,951,000 | 498,000 |
| Revenue | US$ in thousands | 12,081,000 | 13,171,000 | 16,791,000 | 20,397,000 | 21,512,000 |
| Net profit margin | 3.50% | 44.55% | 38.51% | -14.47% | 2.31% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $423,000K ÷ $12,081,000K
= 3.50%
The net profit margin of DuPont de Nemours Inc has shown significant fluctuations over the past five years. In 2023, the net profit margin was 3.51%, a noticeable decrease from the exceptionally high margin of 45.08% in 2022. Despite the decrease, the company still maintained a positive net profit margin in 2023.
The year 2021 also exhibited a strong performance with a net profit margin of 38.83%. However, in 2020, the company experienced a negative net profit margin of -14.47%, indicating that expenses exceeded revenues during that period. This could be a red flag for the company's financial health and operational efficiency in that year.
In 2019, the net profit margin stood at 2.31%, showing a modest profitability level compared to the other years in the analysis. Overall, DuPont de Nemours Inc's net profit margin has been volatile, suggesting fluctuations in its ability to generate profits relative to its revenue. Further investigation into the company's cost structure and revenue streams may provide insights into the factors driving these fluctuations in net profit margin.
Peer comparison
Dec 31, 2023