Dupont De Nemours Inc (DD)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 778,000 | 423,000 | 1,061,000 | 1,177,000 | -2,874,000 |
Total assets | US$ in thousands | 36,636,000 | 38,552,000 | 41,400,000 | 45,707,000 | 70,904,000 |
ROA | 2.12% | 1.10% | 2.56% | 2.58% | -4.05% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $778,000K ÷ $36,636,000K
= 2.12%
The return on assets (ROA) for Dupont De Nemours Inc has displayed varying trends over the years based on the provided data. In December 2020, the ROA was at -4.05%, indicating that the company generated a negative return on its assets during that period.
However, there was a significant improvement in the ROA by December 2021, reaching 2.58%, signifying a positive return on assets. This improvement suggests that the company was able to utilize its assets more efficiently to generate profits.
The ROA remained relatively stable in the following years, with values of 2.56% in 2022, 1.10% in 2023, and 2.12% in 2024. Although there was a slight decrease in 2023, the overall trend indicates that Dupont De Nemours Inc has been able to maintain a positive return on its assets during these years.
It is important for investors and stakeholders to closely monitor the ROA of the company, as it provides insights into the efficiency of asset utilization and the overall profitability of the business. A consistently positive ROA indicates that Dupont De Nemours Inc is effectively managing its assets to generate profits, which can be a positive indicator of financial health and performance.
Peer comparison
Dec 31, 2024