Dupont De Nemours Inc (DD)

Return on assets (ROA)

		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
Net income (ttm)	US$ in thousands	423,000	4,671,000	4,719,000	5,637,000	5,868,000	1,846,000	1,870,000	1,561,000	6,467,000	6,485,000	6,015,000	3,059,000	-2,951,000	-2,997,000	-2,546,000	-639,000	498,000	804,000	933,000	3,273,000
Total assets	US$ in thousands	38,552,000	39,133,000	40,797,000	41,208,000	41,355,000	44,099,000	44,440,000	45,393,000	45,707,000	46,015,000	45,839,000	47,804,000	70,903,000	72,141,000	66,753,000	67,987,000	69,349,000	70,119,000	70,843,000	189,785,000
ROA		1.10%	11.94%	11.57%	13.68%	14.19%	4.19%	4.21%	3.44%	14.15%	14.09%	13.12%	6.40%	-4.16%	-4.15%	-3.81%	-0.94%	0.72%	1.15%	1.32%	1.72%

December 31, 2023 calculation

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

DuPont de Nemours Inc's return on assets (ROA) has fluctuated over the past eight quarters. In Q1 2023, the ROA was 13.68%, representing a significant increase from the previous quarter's 11.57%. This improvement suggests the company became more efficient in generating profits relative to its total assets during that period. However, a noticeable decline was observed in Q2 2023 with an ROA of 11.94%, followed by a further decrease to 1.10% in Q4 2023.

Comparing the most recent ROA values to those of the same quarters in the prior year, there has been a clear downward trend. For example, Q4 2023's ROA of 1.10% is substantially lower than the 14.19% recorded in Q4 2022. This indicates a potential decline in the company's profitability relative to its asset base year-over-year.

Overall, DuPont de Nemours Inc's ROA performance has been inconsistent and subject to fluctuations, suggesting the company may be facing challenges in efficiently utilizing its assets to generate profits. Further analysis and investigation into the underlying causes of these fluctuations would be necessary to fully assess the company's financial health and operational efficiency.