Dupont De Nemours Inc (DD)
Return on equity (ROE)
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 stockholders’ equity | US$ in thousands | 24,279,000 | 24,192,000 | 26,123,000 | 26,737,000 | 26,569,000 | 24,909,000 | 25,528,000 | 26,176,000 | 26,433,000 | 26,633,000 | 26,877,000 | 27,188,000 | 38,504,000 | 37,559,000 | 37,005,000 | 39,551,000 | 40,987,000 | 41,344,000 | 42,006,000 | 92,444,000 |
ROE | 1.74% | 19.31% | 18.06% | 21.08% | 22.09% | 7.41% | 7.33% | 5.96% | 24.47% | 24.35% | 22.38% | 11.25% | -7.66% | -7.98% | -6.88% | -1.62% | 1.22% | 1.94% | 2.22% | 3.54% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $423,000K ÷ $24,279,000K
= 1.74%
ROE, or return on equity, measures a company's profitability by indicating how effectively it is generating profit from shareholders' equity. Analyzing the data provided for DuPont de Nemours Inc, we observe significant fluctuations in the ROE over the quarters.
In Q4 2023, the ROE stands at a mere 1.74%, indicating a sharp decline compared to the previous quarter (19.31% in Q3 2023). This substantial drop may raise concerns about the company's ability to generate profit relative to its equity base.
Prior to the recent decline, DuPont de Nemours Inc demonstrated a steady increase in ROE, reaching its peak in Q4 2022 at 22.09%. This trend suggests a period of strong profitability and efficient utilization of shareholders' equity.
The analysis of the ROE data highlights the importance of monitoring the company's ability to maintain consistent profitability and effectively generate returns for shareholders. The recent decrease in ROE may require further investigation to identify the root causes and assess the company's future potential for sustainable profitability.
Peer comparison
Dec 31, 2023
See also:
Dupont De Nemours Inc Return on Equity (ROE) (Quarterly Data)