Dupont De Nemours Inc (DD)

Pretax margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	394,000	5,046,000	5,116,000	6,060,000	6,255,000	2,210,000	2,175,000	1,846,000	6,704,000	6,523,000	6,095,000	3,054,000	-2,861,000	-2,917,000	-2,510,000	-456,000	496,000	940,000	1,028,000	3,312,000
Revenue (ttm)	US$ in thousands	12,081,000	12,327,000	12,579,000	12,906,000	13,171,000	14,289,000	15,217,000	16,090,000	16,791,000	17,744,000	18,585,000	19,146,000	20,397,000	20,349,000	20,679,000	21,319,000	21,512,000	21,765,000	22,022,000	22,411,000
Pretax margin		3.26%	40.93%	40.67%	46.95%	47.49%	15.47%	14.29%	11.47%	39.93%	36.76%	32.80%	15.95%	-14.03%	-14.33%	-12.14%	-2.14%	2.31%	4.32%	4.67%	14.78%

December 31, 2023 calculation

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

DuPont de Nemours Inc's pretax margin has shown some fluctuations over the past eight quarters. In Q4 2023, the pretax margin was 4.18%, significantly lower than the previous quarter's 10.70%. This indicates a considerable decrease in profitability efficiency. However, comparing Q4 2023 to the same quarter of the previous year, there is a slight decline from 11.12% to 4.18%.

It is important to note that the pretax margin fluctuated throughout the quarters of 2023, with Q1 2023 showing the highest pretax margin of 11.95% and Q4 2023 showing the lowest pretax margin of 4.18%. Overall, the trend in pretax margin indicates some inconsistency in the company's ability to generate profits before taxes, which may warrant further investigation into the factors impacting profitability during these periods.