Dupont De Nemours Inc (DD)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 24,279,000 | 26,569,000 | 26,433,000 | 38,504,000 | 40,987,000 |
| ROE | 1.74% | 22.09% | 24.47% | -7.66% | 1.22% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $423,000K ÷ $24,279,000K
= 1.74%
DuPont de Nemours Inc's return on equity (ROE) has shown significant fluctuations over the past five years. In 2023, the ROE plummeted to 1.74%, marking a substantial decrease from the previous year's level of 22.09%. This decline indicates that the company's profitability relative to its shareholder equity deteriorated significantly.
The highest ROE was observed in 2021 at 24.47%, representing a strong performance in generating profits from shareholder investments. However, the ROE turned negative in 2020, indicating that the company experienced a loss relative to its equity during that year.
Overall, the inconsistency in DuPont de Nemours Inc's ROE over the past five years suggests fluctuations in the company's profitability and efficiency in utilizing its equity to generate returns for shareholders. Additional analysis of the company's financial performance and factors driving these fluctuations would be necessary to provide a more detailed and precise evaluation.
Peer comparison
Dec 31, 2023