DuPont Reports Fourth Quarter and Full Year 2025 Results

Core Insights - DuPont reported its financial results for the fourth quarter and full year 2025, exceeding guidance and initiating guidance for 2026, highlighting strong execution and cash flow generation [1][2] Fourth Quarter 2025 Highlights - Cash provided by operating activities from continuing operations was $87 million, with transaction-adjusted free cash flow of $228 million [1] - GAAP EPS from continuing operations was $(0.27), while adjusted EPS was $0.46 [1] - Net sales were $1.7 billion, flat year-over-year, with organic sales decreasing by 1% [1][2] - Operating EBITDA was $409 million, reflecting a 4% increase compared to the previous year [1][2] Full Year 2025 Highlights - Cash provided by operating activities from continuing operations totaled $560 million, with transaction-adjusted free cash flow of $689 million [1] - GAAP EPS from continuing operations was $0.21, and adjusted EPS was $1.68, marking a 16% increase [1][2] - Net sales increased by 2% to $6.8 billion, with organic sales also rising by 2% [1][2] - Operating EBITDA reached $1.63 billion, a 6% increase from the previous year [1][2] Segment Performance Healthcare & Water Technologies - Net sales increased by 4% to $821 million, driven by 3% organic sales growth [1][2] - Operating EBITDA was $255 million, with a stable margin of 31.1% [1][2] Diversified Industrials - Net sales decreased by 3% to $872 million, with a 4% decline in organic sales [2] - Operating EBITDA increased by 2% to $197 million, with an improved margin of 22.6% [2] 2026 Financial Outlook - For Q1 2026, net sales are expected to be around $1.67 billion, with full-year guidance of $7.075 billion to $7.135 billion [2] - Operating EBITDA for 2026 is projected to be between $1.725 billion and $1.755 billion, with adjusted EPS expected to be between $2.25 and $2.30 [2] Strategic Initiatives - The company completed the separation of its Electronics business, which is now reported as discontinued operations [1][3] - DuPont announced the divestiture of its aramids business for approximately $1.2 billion, expected to close by the end of Q1 2026 [3]