Loading...

DowDuPont

NYSE:DWDP
Snowflake Description

Established dividend payer with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DWDP
NYSE
$88B
Market Cap
  1. Home
  2. US
  3. Materials
Company description

DowDuPont Inc., through its subsidiaries, engages in agriculture, materials science, and specialty products businesses in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. The last earnings update was 68 days ago. More info.


Add to Portfolio Compare Print
  • DowDuPont has significant price volatility in the past 3 months.
DWDP Share Price and Events
7 Day Returns
-1.2%
NYSE:DWDP
0.8%
US Chemicals
0.2%
US Market
1 Year Returns
-40.9%
NYSE:DWDP
-6.8%
US Chemicals
6.3%
US Market
DWDP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
DowDuPont (DWDP) -1.2% -30.3% -32.8% -40.9% -25.9% -19.6%
US Chemicals 0.8% -2.4% 0.4% -6.8% 20.6% 16.3%
US Market 0.2% 2.1% 8.5% 6.3% 37.9% 45.7%
1 Year Return vs Industry and Market
  • DWDP underperformed the Chemicals industry which returned -6.8% over the past year.
  • DWDP underperformed the Market in United States of America which returned 6.3% over the past year.
Price Volatility
DWDP
Industry
5yr Volatility vs Market

DWDP Value

 Is DowDuPont undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of DowDuPont to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for DowDuPont.

NYSE:DWDP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 16 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.8%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:DWDP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Chemicals Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.927 (1 + (1- 21%) (46.26%))
1.178
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.18
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.178 * 5.96%)
9.75%

Discounted Cash Flow Calculation for NYSE:DWDP using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for DowDuPont is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:DWDP DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.75%)
2019 6,237.20 Analyst x5 5,683.08
2020 5,139.80 Analyst x5 4,267.12
2021 6,148.00 Analyst x2 4,650.69
2022 6,111.00 Analyst x1 4,212.02
2023 6,135.21 Est @ 0.4% 3,853.02
2024 6,202.47 Est @ 1.1% 3,549.21
2025 6,300.87 Est @ 1.59% 3,285.20
2026 6,422.44 Est @ 1.93% 3,051.10
2027 6,561.79 Est @ 2.17% 2,840.35
2028 6,715.19 Est @ 2.34% 2,648.52
Present value of next 10 years cash flows $38,040.30
NYSE:DWDP DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $6,715.19 × (1 + 2.73%) ÷ (9.75% – 2.73%)
$98,265.73
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $98,265.73 ÷ (1 + 9.75%)10
$38,756.67
NYSE:DWDP Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $38,040.30 + $38,756.67
$76,796.97
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $76,796.97 / 2,246.31
$34.19
NYSE:DWDP Discount to Share Price
Calculation Result
Value per share (USD) From above. $34.19
Current discount Discount to share price of $39.00
= -1 x ($39.00 - $34.19) / $34.19
-14.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of DowDuPont is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for DowDuPont's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are DowDuPont's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:DWDP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $1.67
NYSE:DWDP Share Price ** NYSE (2019-04-18) in USD $39
United States of America Chemicals Industry PE Ratio Median Figure of 66 Publicly-Listed Chemicals Companies 19.07x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 18.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of DowDuPont.

NYSE:DWDP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:DWDP Share Price ÷ EPS (both in USD)

= 39 ÷ 1.67

23.42x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DowDuPont is overvalued based on earnings compared to the US Chemicals industry average.
  • DowDuPont is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does DowDuPont's expected growth come at a high price?
Raw Data
NYSE:DWDP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.42x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts
11.5%per year
United States of America Chemicals Industry PEG Ratio Median Figure of 46 Publicly-Listed Chemicals Companies 1.56x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

NYSE:DWDP PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 23.42x ÷ 11.5%

2.04x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DowDuPont is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on DowDuPont's assets?
Raw Data
NYSE:DWDP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $41.68
NYSE:DWDP Share Price * NYSE (2019-04-18) in USD $39
United States of America Chemicals Industry PB Ratio Median Figure of 91 Publicly-Listed Chemicals Companies 2.29x
United States of America Market PB Ratio Median Figure of 5,178 Publicly-Listed Companies 1.91x
NYSE:DWDP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:DWDP Share Price ÷ Book Value per Share (both in USD)

= 39 ÷ 41.68

0.94x

* Primary Listing of DowDuPont.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DowDuPont is good value based on assets compared to the US Chemicals industry average.
X
Value checks
We assess DowDuPont's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Chemicals industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Chemicals industry average (and greater than 0)? (1 check)
  5. DowDuPont has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DWDP Future Performance

 How is DowDuPont expected to perform in the next 1 to 3 years based on estimates from 16 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is DowDuPont expected to grow at an attractive rate?
  • DowDuPont's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • DowDuPont's earnings growth is positive but not above the United States of America market average.
  • DowDuPont's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:DWDP Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:DWDP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts 11.5%
NYSE:DWDP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 16 Analysts -33.9%
United States of America Chemicals Industry Earnings Growth Rate Market Cap Weighted Average 12.2%
United States of America Chemicals Industry Revenue Growth Rate Market Cap Weighted Average 2.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:DWDP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:DWDP Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 41,253 7,759 6,322 1
2021-12-31 37,905 7,772 6,022 9
2020-12-31 37,336 6,750 4,271 16
2019-12-31 38,632 5,701 4,006 12
NYSE:DWDP Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 85,977 4,731 3,832
2018-09-30 85,944 10,847 2,153
2018-06-30 81,175 8,749 2,189
2018-03-31 70,764 6,634 1,743
2017-12-31 62,484 -765 1,524
2017-09-30 55,438 -641 2,698
2017-06-30 52,567 3,132 2,882
2017-03-31 50,685 5,385 4,672
2016-12-31 48,158 -2,957 3,956
2016-09-30 46,600 6,060 7,490
2016-06-30 46,153 7,219 8,056
2016-03-31 47,111 6,397 6,079

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • DowDuPont's earnings are expected to grow by 11.5% yearly, however this is not considered high growth (20% yearly).
  • DowDuPont's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:DWDP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below

All data from DowDuPont Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:DWDP Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 3.04 3.04 3.04 1.00
2021-12-31 2.81 2.81 2.81 1.00
2020-12-31 1.91 2.52 1.23 5.00
2019-12-31 1.76 2.24 1.05 4.00
NYSE:DWDP Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 1.67
2018-09-30 0.93
2018-06-30 1.03
2018-03-31 0.94
2017-12-31 0.96
2017-09-30 2.12
2017-06-30 2.49
2017-03-31 4.12
2016-12-31 3.57
2016-09-30 6.76
2016-06-30 7.22
2016-03-31 5.42

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • DowDuPont is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess DowDuPont's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
DowDuPont has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DWDP Past Performance

  How has DowDuPont performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare DowDuPont's growth in the last year to its industry (Chemicals).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • DowDuPont's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • DowDuPont's 1-year earnings growth exceeds its 5-year average (151.4% vs -9.9%)
  • DowDuPont's earnings growth has exceeded the US Chemicals industry average in the past year (151.4% vs 23.1%).
Earnings and Revenue History
DowDuPont's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from DowDuPont Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:DWDP Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 85,977.00 3,832.00 6,222.00 3,060.00
2018-09-30 85,944.00 2,153.00 6,384.00 3,066.00
2018-06-30 81,175.00 2,189.00 5,964.00 2,854.00
2018-03-31 70,764.00 1,743.00 4,972.00 2,459.00
2017-12-31 62,484.00 1,524.00 4,609.00 2,141.00
2017-09-30 55,438.00 2,698.00 3,257.00 1,780.00
2017-06-30 52,567.00 2,882.00 3,019.00 1,651.00
2017-03-31 50,685.00 4,672.00 3,015.00 1,642.00
2016-12-31 48,158.00 3,956.00 2,919.00 1,593.00
2016-09-30 46,600.00 7,490.00 2,865.00 1,563.00
2016-06-30 46,153.00 8,056.00 2,815.00 1,546.00
2016-03-31 47,111.00 6,079.00 2,868.00 1,576.00
2015-12-31 48,778.00 7,294.00 2,948.00 1,598.00
2015-09-30 51,700.00 4,520.00 3,021.00 1,622.00
2015-06-30 54,069.00 4,084.00 3,095.00 1,649.00
2015-03-31 56,076.00 3,832.00 3,079.00 1,639.00
2014-12-31 58,167.00 3,405.00 3,106.00 1,647.00
2014-09-30 58,169.00 3,632.00 3,120.00 1,694.00
2014-06-30 57,498.00 3,376.00 3,065.00 1,703.00
2014-03-31 57,158.00 4,820.00 3,030.00 1,701.00
2013-12-31 57,080.00 4,409.00 3,022.00 1,745.00
2013-09-30 56,611.00 2,740.00 2,905.00 1,733.00
2013-06-30 56,514.00 2,643.00 2,946.00 1,749.00
2013-03-31 56,450.00 966.00 2,904.00 1,738.00
2012-12-31 56,786.00 829.00 2,840.00 1,708.00
2012-09-30 56,966.00 1,524.00 2,822.00 1,678.00
2012-06-30 58,438.00 1,836.00 2,774.00 1,646.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • DowDuPont has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • DowDuPont used its assets less efficiently than the US Chemicals industry average last year based on Return on Assets.
  • DowDuPont's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess DowDuPont's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Chemicals industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
DowDuPont has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DWDP Health

 How is DowDuPont's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up DowDuPont's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • DowDuPont is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • DowDuPont's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of DowDuPont's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from DowDuPont Company Filings, last reported 3 months ago.

NYSE:DWDP Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 96,179.00 40,528.00 13,534.00
2018-09-30 99,744.00 35,170.00 7,176.00
2018-06-30 99,882.00 34,289.00 9,635.00
2018-03-31 102,924.00 34,464.00 10,398.00
2017-12-31 101,927.00 34,075.00 14,287.00
2017-09-30 104,534.00 36,905.00 14,859.00
2017-06-30 29,589.00 21,512.00 6,131.00
2017-03-31 28,334.00 21,474.00 5,749.00
2016-12-31 27,229.00 21,368.00 6,532.00
2016-09-30 30,349.00 21,300.00 6,897.00
2016-06-30 30,234.00 21,355.00 7,200.00
2016-03-31 26,434.00 16,987.00 6,408.00
2015-12-31 26,183.00 17,214.00 8,419.00
2015-09-30 25,274.00 19,748.00 7,364.00
2015-06-30 24,767.00 19,761.00 6,012.00
2015-03-31 23,416.00 19,801.00 6,044.00
2014-12-31 23,556.00 19,686.00 5,464.00
2014-09-30 26,902.00 19,790.00 5,539.00
2014-06-30 27,926.00 17,839.00 3,654.00
2014-03-31 27,906.00 17,819.00 4,201.00
2013-12-31 28,080.00 17,965.00 5,793.00
2013-09-30 25,165.00 18,623.00 5,103.00
2013-06-30 24,347.00 18,830.00 4,726.00
2013-03-31 22,143.00 20,092.00 3,354.00
2012-12-31 22,014.00 20,993.00 4,173.00
2012-09-30 25,108.00 20,409.00 3,688.00
2012-06-30 24,371.00 20,663.00 3,956.00
  • DowDuPont's level of debt (42.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (64% vs 42.1% today).
  • Debt is not well covered by operating cash flow (11.7%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.6x coverage).
X
Financial health checks
We assess DowDuPont's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. DowDuPont has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DWDP Dividends

 What is DowDuPont's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.9%
Current annual income from DowDuPont dividends. Estimated to be 3.89% next year.
If you bought $2,000 of DowDuPont shares you are expected to receive $78 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • DowDuPont's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
  • DowDuPont's dividend is above the markets top 25% of dividend payers in United States of America (3.62%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:DWDP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
United States of America Chemicals Industry Average Dividend Yield Market Cap Weighted Average of 55 Stocks 2.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:DWDP Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.60 1.00
2021-12-31 1.62 6.00
2020-12-31 1.63 11.00
2019-12-31 1.43 11.00
NYSE:DWDP Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-14 1.520 3.128
2018-10-11 1.520 2.745
2018-06-25 1.520 2.265
2018-04-25 1.520 2.289
2018-02-15 1.520 2.256
2018-02-01 1.520 2.150
2017-07-13 0.000 0.000
2017-05-11 1.840 2.915
2017-02-09 1.840 2.928
2016-12-15 1.840 3.135
2016-09-08 1.840 3.415
2016-05-12 1.840 3.513
2016-02-11 1.840 3.646
2015-10-22 1.840 3.758
2015-09-04 1.680 3.754
2015-05-14 1.680 3.456
2015-02-12 1.680 3.417
2014-11-12 1.680 3.599
2014-09-04 1.480 2.961
2014-05-15 1.480 2.841
2014-01-29 1.480 3.070
2013-12-12 1.280 2.946
2013-09-12 1.280 3.224
2013-05-09 1.280 3.632
2013-02-15 1.280 3.975
2012-12-13 1.280 3.882
2012-09-13 1.280 4.326
2012-04-12 1.280 4.111
2012-02-09 1.000 2.936
2011-12-15 1.000 3.232
2011-09-15 1.000 3.796
2011-04-14 1.000 2.993
2011-02-10 0.600 1.611
2010-12-09 0.600 1.706
2010-09-09 0.600 2.008
2010-05-13 0.600 2.336
2010-02-11 0.600 2.024
2009-12-10 0.600 2.123
2009-09-10 0.600 2.290
2009-05-14 0.600 3.267
2009-04-21 0.600 4.084

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of DowDuPont's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.5x coverage).
X
Income/ dividend checks
We assess DowDuPont's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can DowDuPont afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. DowDuPont has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DWDP Management

 What is the CEO of DowDuPont's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Edward Breen
COMPENSATION $13,792,002
AGE 62
TENURE AS CEO 1.7 years
CEO Bio

Mr. Edward D. Breen, also known as Ed, has been Chief Executive Officer and Director at DowDuPont Inc. since August 31, 2017 and has been its Chairman since April 1, 2019. Mr. Breen served as the Chairman and Chief Executive Officer at E. I. du Pont de Nemours and Company since November 9, 2015. He serves as an Advisor of New Mountain Capital, LLC. He served as an Interim Chair and Chief Executive Officer of E. I. du Pont de Nemours and Company since October 16, 2015 until November 9, 2015. He served as the Chief Executive Officer at Tyco International plc from July 2002 to September 28, 2012. Mr. Breen served as the President, Chief Executive Officer and Chief Operating Officer at Motorola Solutions, Inc. from January 2002 to July 2002; an Executive Vice President and the President of Networks Sector at Motorola Solutions, Inc. from January 2001 to January 2002. He also served as an Executive Vice President and the President for Broadband Communications Sector at Motorola Solutions, Inc. from January 2000 to January 2001. Mr. Breen served as the President at Distributing Company's Broadband Networks Group from February 1996, President of Eastern Operations for the Communications Division and Vice President of the Distributing Company from November 1994 to July 1997. He served as the Chief Executive Officer and Chairman of the Board at General Instrument Corporation from December 1997 to January 2000. He served as an Acting Chief Executive Officer of General Instrument Corporation since October 1997 and served as its President from October 1997 to January 2000, where he created significant long-term shareholder value by driving a revenue growth strategy. He served as a Director of General Instrument Corp. since 1997. He worked at VIA NET.WORKS, Inc. He served as an Executive Vice President of Terrestrial Systems at Distributing Company from October 1994 to January 1996 and a Senior Vice President of Sales at Distributing Company from June 1988 to October 1994. Mr. Breen has been Chairman of Tyco Ireland Ltd. since November 17, 2014. He served as Director of E. I. du Pont de Nemours and Company (DuPont) since February 2015 until August 31, 2017. He serves on the Board of Trustees of Grove City College. He has been an Independent Director of Comcast Corporation since February 13, 2014 and serves as its Lead Independent Director. He served as Non-Executive Chairman of Tyco International plc since July 2002 until March 29, 2016 and served as its Director since 2002 until September 2, 2016. Mr. Breen served as an Independent Director of Comcast Corporation from June 2005 to November 11, 2011 and served as its Presiding Director from May 2008 to May 2010. Mr. Breen served as a Director at Johnson Controls International plc. Mr. Breen served as a Director of CommScope Holding Company, Inc. He served as a Director of McLeodUSA, LLC since August 2001. He has been awarded numerous governance awards including being named one of the "100 Most Influential People in Business Ethics" by Ethisphere in 2009. Mr. Breen earned Bachelor of Science degree in Business Administration and Economics from Grove City College.

CEO Compensation
  • Insufficient data for Edward to compare compensation growth.
  • Edward's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the DowDuPont management team in years:

2.3
Average Tenure
58.5
Average Age
  • The tenure for the DowDuPont management team is about average.
Management Team

Edward Breen

TITLE
Chairman & CEO
COMPENSATION
$14M
AGE
62
TENURE
1.7 yrs

Jim Collins

TITLE
Chief Operating Officer of Agriculture Division
COMPENSATION
$6M
AGE
55
TENURE
1.7 yrs

Jeanmarie Desmond

TITLE
CFO & Principal Accounting Officer
AGE
52

Neal Sheorey

TITLE
Vice President of Investor Relations
TENURE
3.3 yrs

Stacy Fox

TITLE
General Counsel & Corporate Secretary
AGE
65
TENURE
1.7 yrs

William Curry

TITLE
Chief Tax Officer & Assistant Secretary
TENURE
12.3 yrs

Pedro Suarez

TITLE
Chief Commercial Officer
TENURE
1.6 yrs

Neil Hawkins

TITLE
Chief Sustainability Officer & Corporate VP
TENURE
5.3 yrs

Donald Mascarenhas

TITLE
Head of Emergency Services & Security (ES&S) and Environment Health & Safety (EH&S)
TENURE
10.9 yrs

Jose Maria Martin Minutti

TITLE
President of Mexico
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the DowDuPont board of directors in years:

1.7
Average Tenure
67
Average Age
  • The average tenure for the DowDuPont board of directors is less than 3 years, this suggests a new board.
Board of Directors

Sandy Cutler

TITLE
Lead Independent Director
COMPENSATION
$132K
AGE
67

Edward Breen

TITLE
Chairman & CEO
COMPENSATION
$14M
AGE
62

Lois Juliber

TITLE
Independent Director
COMPENSATION
$113K
AGE
69
TENURE
1.7 yrs

Pat Ward

TITLE
Independent Director
COMPENSATION
$51K
AGE
54
TENURE
1.7 yrs

Lamberto Andreotti

TITLE
Independent Director
COMPENSATION
$52K
AGE
67
TENURE
1.7 yrs

Robert Brown

TITLE
Independent Director
COMPENSATION
$111K
AGE
66
TENURE
1.7 yrs

Lee Thomas

TITLE
IndependentDirector
COMPENSATION
$53K
AGE
73
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
08. Aug 18 Buy Edward Breen Individual 08. Aug 18 08. Aug 18 29,580 $67.61 $1,999,839
X
Management checks
We assess DowDuPont's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. DowDuPont has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DWDP News

Simply Wall St News

What Do You Get For Owning DowDuPont Inc (NYSE:DWDP)?

and want to begin learning the link between DowDuPont Inc (NYSE:DWDP)’s return fundamentals and stock market performance. … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … Thus, to understand how your money can grow by investing in DowDuPont, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

Why DowDuPont Inc (NYSE:DWDP) Delivered An Inferior ROE Compared To The Industry

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.024 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

DowDuPont Inc (NYSE:DWDP)'s Return on Capital

and want to begin learning the link between DowDuPont Inc (NYSE:DWDP)’s return fundamentals and stock market performance. … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … Thus, to understand how your money can grow by investing in DowDuPont, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

Should DowDuPont Inc's (NYSE:DWDP) Recent Earnings Worry You?

For long-term investors, assessing earnings trend over time and against industry benchmarks is more beneficial than examining a single earnings announcement at a point in time. … Investors may find my commentary, albeit very high-level and brief, on DowDuPont Inc (NYSE:DWDP) useful as an attempt to give more color around how DowDuPont is currently performing. … DWDP's trailing twelve-month earnings (from 31 March 2018) of US$1.74b has

Simply Wall St -

Is DowDuPont Inc's (NYSE:DWDP) Balance Sheet Strong Enough To Weather A Storm?

the key to extending previous success is in the health of the company’s financials. … I will provide an overview of DowDuPont’s financial liquidity and leverage to give you an idea of DowDuPont’s position to take advantage of potential acquisitions or comfortably endure future downturns … Note that this commentary is very high-level and solely focused on financial health, so I suggest you dig deeper yourself

Simply Wall St -

Will DowDuPont Inc (NYSE:DWDP) Continue To Underperform Its Industry?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to better understand how you can grow your money by investing in DowDuPont Inc (NYSE:DWDP). … DowDuPont Inc’s (NYSE:DWDP) most recent return on equity was a substandard 1.85% relative to its industry performance of 13.93% over the past year.

Simply Wall St -

Does DowDuPont Inc's (NYSE:DWDP) PE Ratio Warrant A Sell?

and want to better understand how you can grow your money by investing in DowDuPont Inc (NYSE:DWDP). … DowDuPont Inc (NYSE:DWDP) is trading with a trailing P/E of 74.1x, which is higher than the industry average of 17.8x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind.

Simply Wall St -

Does DowDuPont Inc's (NYSE:DWDP) -62.69% Earnings Drop Reflect A Longer Term Trend?

I look at data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … For DowDuPont, its latest earnings (trailing twelve month) is US$1.74B, which, relative to the previous year's figure, has fallen by a large -62.69%. … I suggest you continue to research DowDuPont to get a better picture of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for DWDP’s future growth?

Simply Wall St -

How Do Analysts See DowDuPont Inc (NYSE:DWDP) Performing In The Years Ahead?

Today I want to provide a brief commentary on how market analysts view DowDuPont's earnings growth trajectory over the next couple of years and whether the future looks brighter. … See our latest analysis for DowDuPont Analysts' expectations for the coming year seems buoyant, with earnings growth more than doubling. … The slope of this line is the rate of earnings growth, which in this case is 38.76%.

Simply Wall St -

Is It Time To Sell DowDuPont Inc (NYSE:DWDP) Based Off Its PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for DWDP Price per share = $70.58 Earnings per share = $0.965 ∴ Price-Earnings Ratio = $70.58 ÷ $0.965 = 73.2x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … We preferably want to compare the stock’s P/E ratio to the average of companies that have similar features to DWDP, such as capital structure and profitability. … For example, if you are inadvertently comparing riskier firms with DWDP, then DWDP’s P/E would naturally be higher than its peers since investors would reward its lower risk with a higher price.

Simply Wall St -

DWDP Company Info

Description

DowDuPont Inc., through its subsidiaries, engages in agriculture, materials science, and specialty products businesses in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company’s Agriculture segment produces, and sells hybrid corn seed and soybean seed varieties; sunflowers, wheat, alfalfa, canola, cotton, rice, and sorghum; silage inoculants; and crop protection products that include weed control, disease control, and insect control. Its Performance Materials & Coatings segment manufactures and sells architectural paints and coatings, and industrial coatings; performance monomers and silicones; standalone silicones; and home and personal care solutions. The company’s Industrial Intermediates & Infrastructure segment offers ethylene oxides, propylene oxide derivatives, cellulose ethers, redispersible latex powders, and acrylic emulsions; sustainable solutions; and chlorine and caustic soda. Its Packaging & Specialty Plastics segment provides ethylene, and propylene and aromatic products; and polyolefin elastomers and ethylene propylene diene monomer rubbers. The company’s Electronics & Imaging segment offers materials and systems for mobile devices, television monitors, personal computers, and electronics. Its Nutrition & Biosciences segment provides specialty ingredients, as well as cellulosic- and alginates-based pharma excipients; and enzymes, biomaterials, biocides, and antimicrobial solutions and process technologies. The company’s Transportation & Advanced Polymers segment offers engineering resins, adhesives, lubricants, and parts for transportation, electronics, healthcare, industrial, and consumer end-markets. Its Safety & Construction segment provides engineered products and integrated systems for construction, worker safety, energy, oil and gas, transportation, medical device, and water purification and separation industries. The company was founded in 1897 and is headquartered in Midland, Michigan.

Details
Name: DowDuPont Inc.
DWDP
Exchange: NYSE
Founded: 1897
$87,606,235,041
2,246,313,719
Website: http://www.dow-dupont.com
Address: DowDuPont Inc.
2211 H.H. Dow Way,
Midland,
Michigan, 48674,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE DWDP Common Stock New York Stock Exchange US USD 02. Jan 1968
DB 6D8 Common Stock Deutsche Boerse AG DE EUR 02. Jan 1968
LSE 0ICQ Common Stock London Stock Exchange GB USD 02. Jan 1968
WBAG DWDP Common Stock Wiener Boerse AG AT EUR 02. Jan 1968
BMV DWDP * Common Stock Bolsa Mexicana de Valores MX MXN 02. Jan 1968
BOVESPA DWDP34 BDR EACH REPR 1 COM USD0.01 Bolsa de Valores de Sao Paulo BR BRL 11. Jul 2018
Number of employees
Current staff
Staff numbers
98,000
DowDuPont employees.
Industry
Specialty Chemicals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 00:36
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/19
Last earnings filing: 2019/02/11
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.