DuPont de Nemours Inc
Q4 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: −4.31%.
Did DD Beat Earnings? Q4 2025 Results
DuPont de Nemours delivered a clean beat to close out fiscal 2025, posting Q4 adjusted EPS of $0.46 against a consensus estimate of $0.43, a 6.60% beat, while revenue of $1.69 billion edged just ahead of the $1.69 billion Wall Street expected. The headline revenue figure reflects a steep 45.3% year-over-year decline, though that drop is largely a structural artifact of the November 2025 separation of its Electronics business into newly independent Qnity, along with the pending aramids divestiture. On a continuing-operations basis, the underlying business held essentially flat, with adjusted EPS climbing 18% from $0.39 in the year-ago period, driven by higher segment earnings and lower interest expense. Healthcare and Water Technologies, the company's newly constituted segment, contributed $821 million in net sales with 3% organic growth, anchoring the beat alongside cost productivity gains in Diversified Industrials. With analysts maintaining a moderate buy consensus and a $2 billion buyback authorization in place, DuPont's 2026 guidance calling for net sales of $7.08 to $7.13 billion and adjusted EPS of $2.25 to $2.30 frames the post-separation business as the primary growth story going forward.
- Healthcare & Water Technologies organic sales growth of 3% in Q4 driven by medical packaging, medical devices, and industrial water markets
- Favorable mix and cost productivity improvements across both segments
- Operating EBITDA margin expansion of 80 basis points to 24.2% in Q4
- Diversified Industrials EBITDA margin improved 110 bps despite organic sales decline through cost productivity
- Lower interest expense benefiting adjusted EPS
“Our full year results capped a year of strong, disciplined execution. Our teams delivered against our commitments in a dynamic macro environment, driving organic growth, margin expansion, double-digit adjusted EPS growth, and strong cash flow generation.”
DuPont de Nemours CEO, on the earnings call
Forward Guidance & Outlook
DuPont initiated 2026 guidance with Q1 net sales of approximately $1,670 million, operating EBITDA of approximately $395 million, and adjusted EPS of approximately $0.48. Full year 2026 guidance calls for net sales of $7,075-$7,135 million, operating EBITDA of $1,725-$1,755 million, and adjusted EPS of $2.25-$2.30. Full year guidance assumes approximately 3% organic growth and a currency tailwind of approximately 1% versus 2025. Q1 guidance assumes approximately 2% organic growth with a currency tailwind of approximately 2% year-over-year. Management estimates 2026 intangibles amortization of about $270 million pre-tax, or approximately $0.50 per share.
DD YoY Financials
DD Revenue by Segment
DD Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.