DuPont — Aug 5, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001666700-25-000040
Showing in the filing
Amortization expense of intangibles
“about $565 million on a pre-tax basis, or approximately $1.04 per share”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 6
Net sales for Q3 FY2025
“about $3.32 billion”
Operating EBITDA for Q3 FY2025
“about $875 million”
Adjusted EPS for Q3 FY2025
“approximately $1.15 per share”
Organic growth for Q3 FY2025
“about 3 percent”
Net tariff impact for FY2025
“$20 million headwind, or $0.04 per share”
Amortization expense of intangibles for FY2025
“about $565 million on a pre-tax basis, or approximately $1.04 per share”
Exhibit 99.1 · the passage around this item
… earlier in the release
Adjusted Earnings is the numerator used in the calculation of Adjusted EPS, as well as the denominator in Adjusted Free Cash Flow Conversion. Adjusted EPS is defined as Adjusted Earnings per common share - diluted. Management estimates amortization expense in 2025 associated with intangibles to be about $565 million on a pre-tax basis, or approximately $1.04 per share. The Company's measure of profit/loss for segment reporting purposes is Operating EBITDA as this is the manner in which the Company's chief operating decision maker ("CODM") assesses performance and allocates resources. The Company defines Operating EBITDA as earnings (i.e., “Income from continuing operations before income taxes") before interest, depreciation, amortization, non-operating pension / OPEB benefits / charges, and foreign exchange gains / losses, excluding Future Reimbursable Indirect Costs, and adjusted for significant items. Reconciliations of these measures are provided on the following pages. Operating EBITDA Margin is defined as Operating EBITDA divided by Net Sales. Incremental Margin is the change in Operating EBITDA divided by the change in Net Sales for the applicable period. Significant items are items that arise outside the ordinary course of business for the Company, and beginning in the first quarter 2025, includes items for nonconsolidated affiliates, that the Company’s management believes may cause misinterpretation of underlying business and investment performance, both historical and future, based on a combination of some or all of the item’s size, un
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.