Dupont De Nemours Inc (DD)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,192,000 | 533,000 | 445,000 | 505,000 | 594,000 | 1,403,000 | 1,403,000 | 1,525,000 | 1,448,000 | 1,487,000 | 1,547,000 | 1,784,000 | 2,078,000 | 2,002,000 | 1,464,000 | -1,758,000 | -2,897,000 | -2,864,000 | -2,434,000 | -875,000 |
| Revenue (ttm) | US$ in thousands | 12,386,000 | 12,192,000 | 12,317,000 | 12,240,000 | 12,327,000 | 12,533,000 | 12,533,000 | 12,761,000 | 13,017,000 | 13,159,000 | 14,113,000 | 14,926,000 | 15,628,000 | 17,634,000 | 18,459,000 | 19,152,000 | 20,397,000 | 20,349,000 | 20,679,000 | 21,319,000 |
| Pretax margin | 9.62% | 4.37% | 3.61% | 4.13% | 4.82% | 11.19% | 11.19% | 11.95% | 11.12% | 11.30% | 10.96% | 11.95% | 13.30% | 11.35% | 7.93% | -9.18% | -14.20% | -14.07% | -11.77% | -4.10% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,192,000K ÷ $12,386,000K
= 9.62%
Dupont De Nemours Inc's pretax margin, which measures the company's efficiency in generating profits before taxes from its operations, exhibited fluctuations over the analyzed period. The pretax margin was negative in the first half of 2020, indicative of challenges in profitability.
However, there was a notable improvement in profitability starting from March 2021, with the company transitioning to positive pretax margins. The trend continued through 2022 and the first half of 2023, reaching double-digit percentages by the end of 2021 and maintaining at relatively stable levels.
In the second half of 2023, there was a slight decline in pretax margin followed by a significant drop in the fourth quarter of 2023. This decline continued into the first half of 2024 but started to recover in the third quarter of 2024 and showed a notable improvement by the end of the year.
Overall, Dupont De Nemours Inc pretax margin demonstrates varying degrees of profitability performance during the analyzed period, with a significant improvement from negative margins to positive margins, albeit with some fluctuations in between.
Peer comparison
Dec 31, 2024