Dupont De Nemours Inc (DD)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	423,000	5,868,000	6,467,000	-2,951,000	498,000
Total assets	US$ in thousands	38,552,000	41,355,000	45,707,000	70,903,000	69,349,000
ROA		1.10%	14.19%	14.15%	-4.16%	0.72%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $423,000K ÷ $38,552,000K
= 1.10%

DuPont de Nemours Inc's return on assets (ROA) has exhibited significant fluctuations over the past five years. In 2023, the ROA stands at 1.10%, indicating a decrease from the previous year's 14.19%. The sharp decline in ROA in 2023 may raise concerns about the company's efficiency in generating profits from its assets.

Comparing the ROA figures over the five-year period, there is a notable improvement from negative figures in 2020 to positive figures in subsequent years. The ROA was particularly strong in 2022 and 2021, at 14.19% and 14.15%, respectively, indicating that the company was effectively utilizing its assets to generate profits during those years.

The negative ROA of -4.16% in 2020 suggests that DuPont de Nemours Inc experienced challenges in profitability and asset utilization during that period, possibly due to economic downturn or internal operational issues.

Overall, the fluctuation in ROA over the years highlights the importance of closely monitoring DuPont de Nemours Inc's management of its assets to ensure sustained profitability and efficiency in generating returns for shareholders.