Forensic Analysis · General / Diversified · as of Jun 27, 2026
DuPont de Nemours, Inc. (DD)
A forensic read on DuPont de Nemours, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Distress
Financial health
-0.7
Altman Z-score
Clean
Earnings quality
5
Forensic signals
-0.2%
ROE
$18.7B
Market cap
1.66%
Dividend yield
DuPont de Nemours, Inc. earns a D (Weak — demands caution) forensic quality grade, and its Altman Z-score is -0.7, placing it in the Distress zone. 5 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
1%Return on invested capital.Return on invested capital is 1% and slipping from 3% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
$2.8BGoodwill impairments.Took $2.8B of goodwill writedowns across 3 year(s) (FY2019 ($242M), FY2020 ($1.9B), FY2023 ($668M)) — about 27% of net income over the span. A large writedown means an acquisition turned out worth far less than was paid — a real mark against M&A discipline.
0.74×Cash conversion.Over FY2020–FY2022, operating cash flow was 0.74× cumulative net income. Cash is lagging reported profit — worth checking what's accruing rather than being collected.
48d DSOReceivables vs revenue.Days sales outstanding moved from 43 to 48 days FY2024→FY2025 (receivables +15% vs revenue +2%). Receivables are creeping up relative to sales — watch the trend.
-54%Dividend — cut.The payout was CUT ~54% in FY2019 (from FY2018). It still returns some cash, but it is NOT the dependable, rising dividend an unbroken streak implies — weigh the cut when judging reliability.
Key fundamentals
Net Margin-11.4%
Debt / Equity0.23x
Free Cash Flow$255.0M
Latest Revenue$6.85B
Return on Equity-5.6%
Revenue Growth YoY+1.9%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on DuPont de Nemours, Inc.:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about DD's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown