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DuPont de Nemours (WBO:DDPN) Gross Margin % : 35.54% (As of Dec. 2023)


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Gross Margin % is calculated as gross profit divided by its revenue. DuPont de Nemours's Gross Profit for the three months ended in Dec. 2023 was €945 Mil. DuPont de Nemours's Revenue for the three months ended in Dec. 2023 was €2,657 Mil. Therefore, DuPont de Nemours's Gross Margin % for the quarter that ended in Dec. 2023 was 35.54%.


The historical rank and industry rank for DuPont de Nemours's Gross Margin % or its related term are showing as below:

WBO:DDPN' s Gross Margin % Range Over the Past 10 Years
Min: 18.11   Med: 32.98   Max: 36.57
Current: 35.08


During the past 13 years, the highest Gross Margin % of DuPont de Nemours was 36.57%. The lowest was 18.11%. And the median was 32.98%.

WBO:DDPN's Gross Margin % is ranked better than
77.15% of 1510 companies
in the Chemicals industry
Industry Median: 22.315 vs WBO:DDPN: 35.08

DuPont de Nemours had a gross margin of 35.54% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for DuPont de Nemours was 1.50% per year.


DuPont de Nemours Gross Margin % Historical Data

The historical data trend for DuPont de Nemours's Gross Margin % 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 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.05 33.69 36.57 35.45 35.08

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
Gross Margin % Get a 7-Day Free Trial 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 34.02 34.29 34.39 36.10 35.54

Competitive Comparison

For the Specialty Chemicals subindustry, DuPont de Nemours's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % Distribution

For the Chemicals industry and Basic Materials sector, DuPont de Nemours's Gross Margin % distribution charts can be found below:

* The bar in red indicates where DuPont de Nemours's Gross Margin % falls into.



DuPont de Nemours Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

DuPont de Nemours's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=3881.7 / 11066.356
=(Revenue - Cost of Goods Sold) / Revenue
=(11066.356 - 7184.695) / 11066.356
=35.08 %

DuPont de Nemours's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=944.5 / 2657.466
=(Revenue - Cost of Goods Sold) / Revenue
=(2657.466 - 1712.956) / 2657.466
=35.54 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


DuPont de Nemours  (WBO:DDPN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

DuPont de Nemours had a gross margin of 35.54% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


DuPont de Nemours Gross Margin % Related Terms

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DuPont de Nemours (WBO:DDPN) Business Description

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 have evolved over time to enable a wide range of applications across multiple industries.

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