DuPont de Nemours (BSP:DDNB34) ROCE %

: -5.79% (As of Dec. 2023)

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ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. DuPont de Nemours's annualized ROCE % for the quarter that ended in Dec. 2023 was -5.79%.

DuPont de Nemours ROCE % Historical Data

The historical data trend for DuPont de Nemours's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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DuPont de Nemours Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

0.64

-2.93

4.18

4.76

2.38

DuPont de Nemours Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																3.33	4.77	4.68	5.68	-5.79

DuPont de Nemours ROCE % Calculation

DuPont de Nemours's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	4409.82	/	( ( (216923.517 - 19581.078)	+	(188897.09 - 15179.58) )	/ 2 )
	=	4409.82	/	( (197342.439	+	173717.51)	/ 2 )
	=	4409.82	/	185529.9745
	=	2.38 %

DuPont de Nemours's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-10093.588	/	( ( (193266.147 - 18213.926)	+	(188897.09 - 15179.58) )	/ 2 )
	=	-10093.588	/	( ( 175052.221	+	173717.51 )	/ 2 )
	=	-10093.588	/	174384.8655
	=	-5.79 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

DuPont de Nemours (BSP:DDNB34) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

DuPont de Nemours ROCE % Related Terms

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DuPont de Nemours (BSP:DDNB34) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

DD:USA DD:Mexico 1DD:Italy 6D81:Germany DD:Argentina

Address

974 Centre Road, Building 730, Wilmington, DE, USA, 19805

Website

https://www.dupont.com

DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics and communication, automotive, construction, safety and protection, and water management industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex, which have evolved over time to enable a wide range of applications across multiple industries.

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