NYSE · DD

DuPont de Nemours, Inc.

Basic Materials · Chemicals

$128.48▲ 0.71% ($0.91)at close

After hours$128.30▼ 0.14%7:34 PM ET

52-week

$92.49$157.98

Market cap

What the market price implies · Reverse DCF

To support a price of $128.48, this model requires Stage 1 FCFF to grow by 5.21%/yr over the next 5 years, compounded annually.

Historical FCFF grew by -22.58%/yr over the past 10 years. The required annual growth rate is 27.79 percentage points higher.

Selected forecast · Base scenario

-22.58%/yr · Stage 1 default · years 1–5

Annual overrides take precedence over the Stage 1 default.

Market-implied · Other assumptions held fixed

5.21%/yr · Stage 1 · years 1–5

Stage 1 growth is solved while Stage 2 growth, terminal growth, discount inputs, and annual overrides remain fixed. This is a model-implied requirement, not an analyst forecast.

Valuation

Recommended · Cash-flow DCF

Price used

$128.48

Estimated value / share

$27.68

Base scenario

This estimate is 78.46% below the price used.

USD · TTM ending 2026-06-30

FCFF base normalized by replacing latest capex with the company's trailing median capex-to-revenue ratio.

Historical FCFF CAGR and the default growth rates are taken from the raw historical series. The valuation base is normalized for the current-period DCF.

Stage 1 -22.58% · Stage 2 3.5% · Discount rate 9.87%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future free cash flow, discounted to its value today.

Price timestamp: Sep 17, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-06-30
Data refreshed: Sep 18, 2026, 1:19 AM UTC · provider

Why this method?

FCFF is positive, but the year-to-year swings are too large for a direct CAGR. Normalize the cash-flow base first, then run DCF.

Is FCFF positive and has it been for 3+ consecutive years? 6 consecutive positive FCFF years are available.

Is FCFF stable (not swinging >30% year to year)? The largest recent FCFF swing is 241.4%.

Price vs Fundamentals

Why The Stock Is Moving

Momentum disconnected from fundamentalsHigh confidence

1Y Price: 34.35%Revenue (TTM): -32.68%FCF (TTM): -14.67%P/FCF: 72nd pct

What changed

The stock rose 34.35% over the last year. Revenue declined 32.68% over the trailing twelve months. Operating margin moved from 16.27% to 14.71%. Free cash flow declined 14.67% over the trailing twelve months.

What the market seems to be pricing

The stock is rising despite deteriorating fundamentals and now sits at the 72nd percentile of its historical P/FCF range. This is a momentum-driven move — the market may be front-running a recovery that has not yet appeared in reported numbers.

What would invalidate this read

Operating margin (currently 14.71%) would need to stabilize or improve to justify the move. Revenue is declining 32.68% — a trend reversal in the next report would be the key signal to watch. This read is wrong if the next period shows operating metrics turning the corner. At that point the price would be anticipating real improvement rather than running ahead of it.

Performance

Return analysis

Company profile

DuPont de Nemours, Inc. is a global provider of advanced materials and innovative solutions, serving markets across North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region.

CEOLori D. Koch

SectorBasic Materials

IndustryChemicals

Employees15,000

IPO dateJun 1, 1972

https://www.dupont.com

Market multiples

Forward P/E—

EV/EBITDA16.57

Enterprise value$19.22B

Stock splits

Jun 24, 2026↓ Reverse

Every 3 shares became 1

-67%

Nov 3, 2025↑ Forward

Every 100 shares became 239

+139%

Jun 3, 2019↓ Reverse

Every 400 shares became 189

-53%

Apr 2, 2019↑ Forward

Every 1000 shares became 1487

+49%

Jun 19, 2000↑ Forward

Every 1 shares became 3

+200%

Nov 21, 1989↑ Forward

Every 2 shares became 3

+50%

Jun 8, 1976↑ Forward

Every 1 shares became 2

+100%

May 10, 1973↑ Forward

Every 1 shares became 2

+100%

Profitability & growth

Revenue growth-44.15%

Gross margin (FY2025)30.25%▼1.3ppvs FY2024

Operating margin (FY2025)12.56%▼2.2ppvs FY2024

ROE0.3%▲4.5ppvs FY2025

Analyst consensus

RatingBuy

Target price$97.00▼24.50%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Nov 5, 2026

Q4 FY26 · EPS est $1.87 · Revenue est $1.84B

View

Dividends

$2.40/shareQuarterly6yr growth streakSafe

DD pays a dividend with a 1.87% dividend yield, 6 consecutive years of growth, growing at 7.32% annually, covered 1.8× by free cash flow.

Dividend Yield

1.87%

Annual Div / Share

$2.40

5yr CAGR

+7.32%

Doubles every ~9.8yr

Payout Ratio

—

Safe

Dividend Growth Rate

3yr CAGR

+8.97%

5yr CAGR

+7.32%

10yr CAGR

-2.23%

Dividend Safety

8/10Safe

Dividend History

Annual dividends paid per share

YearAnnual DivYoY

2025$2.14+12.4%

2024$1.91+5.6%

2023$1.81+9.1%

2022$1.66+10.0%

2021$1.51+0.0%

2020$1.51+7.1%

2019$1.41-26.3%

Income Projection

Invest

USD

Growth rate:

Reinvest dividends

Today

$19/yr

$2/mo

In 5 yrs

$27/yr+42%

$2/mo

In 10 yrs

$38/yr+103%

$3/mo

Today	In 5 yrs	In 10 yrs
$19/yr $2/mo	$27/yr+42% $2/mo	$38/yr+103% $3/mo

Yield-on-cost grows from 1.87% → 3.79% over 10yr

Analysis

Dividend Strengths

Well-covered by free cash flow

The dividend is covered 1.8× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.

Strong dividend growth rate

The 5-year CAGR of 7.32% meaningfully outpaces inflation, compounding real income growth for long-term holders.

Risks to Watch

No strong risk signal stands out from the latest period pair.

NYSE · DD

DuPont de Nemours, Inc.

Basic Materials · Chemicals

$128.48▲ 0.71% ($0.91)at close

After hours$128.30▼ 0.14%7:34 PM ET

52-week

$92.49$157.98

Market cap

What the market price implies · Reverse DCF

To support a price of $128.48, this model requires Stage 1 FCFF to grow by 5.21%/yr over the next 5 years, compounded annually.

Historical FCFF grew by -22.58%/yr over the past 10 years. The required annual growth rate is 27.79 percentage points higher.

Selected forecast · Base scenario

-22.58%/yr · Stage 1 default · years 1–5

Annual overrides take precedence over the Stage 1 default.

Market-implied · Other assumptions held fixed

5.21%/yr · Stage 1 · years 1–5

Stage 1 growth is solved while Stage 2 growth, terminal growth, discount inputs, and annual overrides remain fixed. This is a model-implied requirement, not an analyst forecast.

Valuation

Recommended · Cash-flow DCF

Price used

$128.48

Estimated value / share

$27.68

Base scenario

This estimate is 78.46% below the price used.

USD · TTM ending 2026-06-30

FCFF base normalized by replacing latest capex with the company's trailing median capex-to-revenue ratio.

Historical FCFF CAGR and the default growth rates are taken from the raw historical series. The valuation base is normalized for the current-period DCF.

Stage 1 -22.58% · Stage 2 3.5% · Discount rate 9.87%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future free cash flow, discounted to its value today.

Price timestamp: Sep 17, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-06-30
Data refreshed: Sep 18, 2026, 1:19 AM UTC · provider

Why this method?

FCFF is positive, but the year-to-year swings are too large for a direct CAGR. Normalize the cash-flow base first, then run DCF.

Is FCFF positive and has it been for 3+ consecutive years? 6 consecutive positive FCFF years are available.

Is FCFF stable (not swinging >30% year to year)? The largest recent FCFF swing is 241.4%.

Price vs Fundamentals

Why The Stock Is Moving

Momentum disconnected from fundamentalsHigh confidence

1Y Price: 34.35%Revenue (TTM): -32.68%FCF (TTM): -14.67%P/FCF: 72nd pct

What changed

What the market seems to be pricing

What would invalidate this read

Performance

Return analysis

Company profile

CEOLori D. Koch

SectorBasic Materials

IndustryChemicals

Employees15,000

IPO dateJun 1, 1972

https://www.dupont.com

Market multiples

Forward P/E—

EV/EBITDA16.57

Enterprise value$19.22B

Stock splits

Jun 24, 2026↓ Reverse

Every 3 shares became 1

-67%

Nov 3, 2025↑ Forward

Every 100 shares became 239

+139%

Jun 3, 2019↓ Reverse

Every 400 shares became 189

-53%

Apr 2, 2019↑ Forward

Every 1000 shares became 1487

+49%

Jun 19, 2000↑ Forward

Every 1 shares became 3

+200%

Nov 21, 1989↑ Forward

Every 2 shares became 3

+50%

Jun 8, 1976↑ Forward

Every 1 shares became 2

+100%

May 10, 1973↑ Forward

Every 1 shares became 2

+100%

Profitability & growth

Revenue growth-44.15%

Gross margin (FY2025)30.25%▼1.3ppvs FY2024

Operating margin (FY2025)12.56%▼2.2ppvs FY2024

ROE0.3%▲4.5ppvs FY2025

Analyst consensus

RatingBuy

Target price$97.00▼24.50%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Nov 5, 2026

Q4 FY26 · EPS est $1.87 · Revenue est $1.84B

View

Dividends

$2.40/shareQuarterly6yr growth streakSafe

DD pays a dividend with a 1.87% dividend yield, 6 consecutive years of growth, growing at 7.32% annually, covered 1.8× by free cash flow.

Dividend Yield

1.87%

Annual Div / Share

$2.40

5yr CAGR

+7.32%

Doubles every ~9.8yr

Payout Ratio

—

Safe

Dividend Growth Rate

3yr CAGR

+8.97%

5yr CAGR

+7.32%

10yr CAGR

-2.23%

Dividend Safety

8/10Safe

Dividend History

Annual dividends paid per share

YearAnnual DivYoY

2025$2.14+12.4%

2024$1.91+5.6%

2023$1.81+9.1%

2022$1.66+10.0%

2021$1.51+0.0%

2020$1.51+7.1%

2019$1.41-26.3%

Income Projection

Invest

USD

Growth rate:

Reinvest dividends

Today

$19/yr

$2/mo

In 5 yrs

$27/yr+42%

$2/mo

In 10 yrs

$38/yr+103%

$3/mo

Today	In 5 yrs	In 10 yrs
$19/yr $2/mo	$27/yr+42% $2/mo	$38/yr+103% $3/mo

Yield-on-cost grows from 1.87% → 3.79% over 10yr

Analysis

Dividend Strengths

Well-covered by free cash flow

The dividend is covered 1.8× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.

Strong dividend growth rate

The 5-year CAGR of 7.32% meaningfully outpaces inflation, compounding real income growth for long-term holders.

Risks to Watch

No strong risk signal stands out from the latest period pair.