DuPont de Nemours, Inc. (DD) intrinsic value & 10-year financials
DuPont de Nemours, Inc. (DD) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 19.5% a year to $6.8B, with an average return on invested capital of 4.5%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $130.45
- Market cap
- $54.7B
- Revenue (FY2025)
- $6.8B
- Revenue growth (10-yr CAGR)
- -19.5%
- ROIC (10-yr avg)
- 4.5%
- Free cash flow (FY2025)
- $227.0M
DD 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $6.8B | -$779.0M | -$1.86 | $227.0M | — | -3.6% |
| FY2024 | $12.4B | $703.0M | $1.67 | $1.7B | — | 2.5% |
| FY2023 | $12.1B | $423.0M | $0.94 | $1.6B | — | 1.4% |
| FY2022 | $13.0B | $5.9B | $11.75 | -$155.0M | — | 17.9% |
| FY2021 | $16.7B | $6.5B | $11.89 | $1.4B | — | 14.9% |
| FY2020 | $14.3B | -$3.0B | -$4.01 | $2.9B | — | -5.6% |
| FY2019 | $15.4B | $498.0M | $0.67 | -$83.0M | — | 0.7% |
| FY2018 | $86.0B | $3.8B | $1.65 | $894.0M | — | 3.6% |
| FY2017 | $62.5B | $1.5B | $0.91 | $5.1B | — | 1.9% |
| FY2016 | $48.2B | $4.3B | $3.52 | $1.8B | — | 10.8% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
DuPont is facing top-line stagnation, with revenue contracting over the decade.
DuPont has historically struggled to out-earn its cost of capital, averaging just 4.4% ROIC.
Over the decade, DuPont shows that management has aggressively returned capital to shareholders by retiring 62.7% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, DuPont is modeled at -19.5% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-43.89 per share.