Dupont De Nemours (DD) financial statements
Dupont De Nemours reported revenue of $6.8B in fiscal 2025, down 19.5% a year over 9 years.
Net income was -$779M.
Free cash flow was $227M, and the company returned $597M in dividends.
The diluted share count rose 12% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Dupont De Nemours's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $48.2B | $11.7B | $22.6B | $15.4B | $11.1B | $12.6B | $13.0B | $6.6B | $6.7B | $6.8B |
| Cost of revenue | $37.7B | $9.6B | $15.3B | $10.0B | $7.1B | $8.0B | $8.4B | $4.4B | $4.5B | $4.5B |
| Gross profit | $10.5B | $12.7B | $20.6B | $5.4B | $4.1B | $4.6B | $4.6B | $2.2B | $2.2B | $2.4B |
| Research and development | $1.6B | $657M | $1.1B | $689M | $565M | $557M | $536M | $192M | $203M | $193M |
| Selling, general and admin | $3.0B | $1.6B | $3.0B | $2.1B | $1.5B | $1.6B | $1.5B | $891M | $976M | $1.0B |
| Interest expense | $858M | $0 | $55M | $667M | $672M | $525M | $492M | $396M | $366M | $313M |
| Pre-tax income | $4.4B | -$1.5B | $600M | -$126M | -$1.3B | $1.4B | $1.4B | -$279M | $117M | $200M |
| Income tax | $9M | -$1.8B | $195M | -$2M | $90M | $237M | $387M | -$217M | $213M | $102M |
| Net income | $4.3B | $1.2B | $3.8B | $498M | -$3.0B | $6.5B | $5.9B | $423M | $703M | -$779M |
| EPS (diluted) | $31.68 | $6.45 | $14.88 | $2.01 | -$12.03 | $35.67 | $35.25 | $2.82 | $5.04 | -$5.58 |
| Diluted shares | 125M | 178M | 257M | 249M | 245M | 181M | 166M | 150M | 140M | 140M |
| Gross margin | 21.8% | 108.7% | 91.4% | 35.0% | 36.5% | 36.6% | 35.5% | 32.8% | 33.0% | 34.5% |
| Net margin | 9.0% | 9.9% | 17.0% | 3.2% | -26.5% | 51.5% | 45.1% | 6.4% | 10.5% | -11.4% |
Balance sheet
Fiscal years, from Dupont De Nemours's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $6.6B | $14.4B | $8.6B | $1.5B | $2.5B | $2.0B | $5.0B | $2.4B | $1.8B | $715M |
| Receivables | $4.7B | $11.3B | $12.4B | $3.8B | $2.4B | $2.2B | $2.5B | $2.4B | $1.3B | $1.7B |
| Inventory | $7.4B | $17.0B | $4.1B | $4.3B | $2.4B | $2.1B | $2.3B | $2.1B | $1.1B | $1.2B |
| Total current assets | $23.7B | $49.9B | $126.7B | $10.0B | $29.0B | $14.3B | $11.3B | $7.5B | $20.8B | $5.6B |
| Property, plant and equipment | $23.5B | $36.2B | $9.9B | $10.1B | $6.9B | $5.8B | $5.7B | $5.9B | $3.5B | $3.5B |
| Goodwill | $15.3B | $34.8B | $34.5B | $22.1B | $16.0B | $17.0B | $16.7B | $7.7B | $7.6B | $7.9B |
| Total assets | $79.5B | $191.9B | $187.9B | $69.3B | $70.9B | $45.7B | $41.4B | $38.6B | $36.6B | $21.6B |
| Total current liabilities | $12.6B | $26.1B | $73.3B | $8.3B | $12.2B | $4.9B | $3.7B | $3.1B | $5.5B | $2.3B |
| Long-term debt | $20.5B | $30.1B | $12.6B | $13.6B | $15.6B | $10.6B | $7.8B | $7.8B | $5.3B | $3.1B |
| Total liabilities | $52.3B | $90.5B | $92.0B | $27.8B | $31.8B | $18.7B | $14.3B | $13.8B | $12.8B | $7.5B |
| Shareholders' equity | $26.0B | $100.3B | $94.3B | $41.0B | $38.5B | $26.4B | $26.6B | $24.3B | $23.4B | $13.9B |
| Net debt | $13.8B | $16.6B | $4.1B | $15.9B | $13.1B | $8.8B | $4.4B | $5.4B | $5.4B | $2.5B |
Cash flow
Fiscal years, from Dupont De Nemours's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$3.0B | -$765M | $4.7B | $1.4B | $4.1B | $2.3B | $588M | $845M | $765M | $560M |
| Capital spending | $3.8B | $551M | $1.2B | $2.5B | $1.2B | $788M | $662M | $302M | $285M | $333M |
| Free cash flow | -$6.8B | -$1.3B | $3.5B | -$1.1B | $2.9B | $1.5B | -$74M | $543M | $480M | $227M |
| Stock-based compensation | $261M | $19M | $92M | $87M | $93M | $67M | $75M | $57M | $56M | $38M |
| Dividends paid | $2.5B | $3.4B | $3.5B | $1.6B | $882M | $630M | $652M | $651M | $635M | $597M |
| Share buybacks (net) | -$916M | -$1.0B | -$4.4B | -$2.3B | -$232M | -$2.1B | — | — | — | — |
| Net borrowing | -$33M | -$2.2B | $223M | $2.7B | -$1.8B | $150M | -$150M | -$300M | -$687M | -$4.1B |
| Free cash flow margin | -14.0% | -11.3% | 15.4% | -6.9% | 26.1% | 11.9% | -0.6% | 8.2% | 7.1% | 3.3% |
| Dividends per share | $19.73 | $19.11 | $13.57 | $6.48 | $3.60 | $3.47 | $3.92 | $4.34 | $4.54 | $4.27 |
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What was Dupont De Nemours's revenue in 2025?
$6.8B in fiscal 2025, from its 10-K filing.
How much free cash flow does Dupont De Nemours generate?
$227M in fiscal 2025 (operating cash flow minus capital spending).
From Dupont De Nemours's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.