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DuPont de Nemours Earnings Yield (Joel Greenblatt) %

: 5.63% (As of Jun. 2022)
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DuPont de Nemours's Enterprise Value for the quarter that ended in Jun. 2022 was $38,296 Mil. DuPont de Nemours's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $2,157 Mil. DuPont de Nemours's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2022 was 5.63%.

The historical rank and industry rank for DuPont de Nemours's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

DD' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.77   Med: 8.51   Max: 28.83
Current: 6.15

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of DuPont de Nemours was 28.83%. The lowest was -4.77%. And the median was 8.51%.

DD's Earnings Yield (Joel Greenblatt) % is ranked worse than
50.75% of 1466 companies
in the Chemicals industry
Industry Median: 6.28 vs DD: 6.15

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. DuPont de Nemours's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2022 was -19.08%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


DuPont de Nemours Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for DuPont de Nemours's Earnings Yield (Joel Greenblatt) % 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.

* Premium members only.

DuPont de Nemours Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.53 1.04 0.85 -2.39 5.36

DuPont de Nemours Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Earnings Yield (Joel Greenblatt) % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.30 5.27 5.36 4.59 5.63

Competitive Comparison

For the Specialty Chemicals subindustry, DuPont de Nemours's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

DuPont de Nemours Earnings Yield (Joel Greenblatt) % Distribution

For the Chemicals industry and Basic Materials sector, DuPont de Nemours's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where DuPont de Nemours's Earnings Yield (Joel Greenblatt) % falls into.



DuPont de Nemours Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

DuPont de Nemourss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2721/50730.63854
=5.36 %

DuPont de Nemours's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,157 Mil.



DuPont de Nemours  (NYSE:DD) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


DuPont de Nemours Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of DuPont de Nemours's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


DuPont de Nemours Business Description

DuPont de Nemours logo
Industry
Address
974 Centre Road, Building 730, Wilmington, DE, USA, 19805
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 tend to have a wide range of applications across multiple industries.
Executives
Johnson Kristina M director 19 HEATH PL DURHAM NC 27705
Lowery Frederick M. director 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Curtin Terrence R director C/O TYCO ELECTRONICS LTD. 1050 WESTLAKES DRIVE BERWYN PA 19312
Mulligan Deanna director 7 HANOVER SQUARE NEW YORK NY 10004
Ratnakar Raj officer: SVP and Chief Strategy Officer C/O FORTIVE CORPORATION 6920 SEAWAY BOULEVARD EVERETT WA 98203
Weaver Leland officer: President, Water & Protection 974 CENTRE ROAD CRP 730, 5216 WILMINGTON DE 19805
Stone Randy Lee officer: President, Mobility & Material 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Hoover Erik T. officer: SVP & General Counsel 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Goss Michael G. officer: Controller 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Larrabee Steven P. officer: SVP & CIO 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Kemp Jon D. officer: President, E&I 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Koch Lori officer: EVP & CFO 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Raia Christopher officer: SVP & CHRO 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Brady Amy G. director 127 PUBLIC SQUARE CLEVELAND OH 44114
Lee Rose officer: President, S&C C/O CROWN HOLDINGS, INC. 770 TOWNSHIP LINE ROAD YARDLEY PA 19067

DuPont de Nemours Headlines

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