Dupont De Nemours Inc (DD)

Pretax margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Earnings before tax but after interest (EBT) US$ in thousands 394,000 6,255,000 6,704,000 -2,861,000 496,000
Revenue US$ in thousands 12,081,000 13,171,000 16,791,000 20,397,000 21,512,000
Pretax margin 3.26% 47.49% 39.93% -14.03% 2.31%

December 31, 2023 calculation

Pretax margin = EBT ÷ Revenue
= $394,000K ÷ $12,081,000K
= 3.26%

The pretax margin of DuPont de Nemours Inc has fluctuated over the past five years, with a noticeable decline from 2019 to 2020 and subsequent improvements in the following years. In 2020, the pretax margin was negative at -14.20%, indicating that the company had more expenses than revenue before accounting for taxes. However, by 2021, the pretax margin had increased to 13.19%, reflecting a significant turnaround in the company's profitability. This positive trend continued into 2022 with a pretax margin of 11.12%, although slightly lower than the previous year.

In 2023, the pretax margin decreased further to 4.18%, indicating a decline in profitability compared to the previous year. It is worth noting that the pretax margin can be influenced by various factors such as revenue growth, cost management, and efficiency improvements. Therefore, it is important for stakeholders to closely monitor this metric to assess the company's financial performance and its ability to generate profits before accounting for taxes.


Peer comparison

Dec 31, 2023