Dupont De Nemours Inc (DD)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,192,000 | 504,000 | 1,448,000 | 1,444,000 | -2,897,000 |
| Revenue | US$ in thousands | 12,386,000 | 12,068,000 | 13,017,000 | 12,566,000 | 20,397,000 |
| Pretax margin | 9.62% | 4.18% | 11.12% | 11.49% | -14.20% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,192,000K ÷ $12,386,000K
= 9.62%
Dupont De Nemours Inc's pretax margin has shown fluctuations over the five-year period from 2020 to 2024. The pretax margin was -14.20% at the end of December 31, 2020, indicating that the company incurred losses before tax during that period.
However, there was a significant turnaround in the following years, with the pretax margin improving to 11.49% by December 31, 2021, indicating that the company was able to generate profit before tax. This positive trend continued into 2022, with a pretax margin of 11.12%, showing consistent profitability.
In 2023, the pretax margin decreased to 4.18%, signifying a slight decline in profitability compared to the previous year. This decrease could be attributed to various factors such as changes in operating expenses or changes in revenue.
By the end of December 31, 2024, the pretax margin improved to 9.62%, indicating that the company was able to enhance its profitability compared to the preceding year. Overall, the pretax margin of Dupont De Nemours Inc has shown variability, with both positive and negative fluctuations over the years, reflecting changes in the company's financial performance before taxes.
Peer comparison
Dec 31, 2024