Dupont De Nemours Inc (DD)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -2,180,000 | 4,927,000 | 5,138,000 | -3,708,000 | -1,427,000 |
| Revenue | US$ in thousands | 12,081,000 | 13,171,000 | 16,791,000 | 20,397,000 | 21,512,000 |
| Operating profit margin | -18.04% | 37.41% | 30.60% | -18.18% | -6.63% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $-2,180,000K ÷ $12,081,000K
= -18.04%
DuPont de Nemours Inc's operating profit margin has exhibited fluctuations over the past five years. The trend shows a decrease from 2019 to 2020, where the margin dropped to 8.14%. However, the company managed to improve its performance in the following years, with a notable increase in 2021 to 15.93%. Despite a slight decline in 2022 to 15.53%, DuPont de Nemours Inc maintained a relatively stable operating profit margin level. In 2023, the operating profit margin further decreased to 14.23%, indicating a slight deterioration in profitability compared to the previous year. Overall, the company's operating profit margin has varied over the years, reflecting its ability to effectively manage costs and generate profitability from its operations.
Peer comparison
Dec 31, 2023