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DUPONT TH DuPont Reports Second Quarter 2021 Results 2Q21 GAAP EPS from continuing operations of $ 1.04 ; adjusted EPS of $ 1.06 2Q21 Net Sales of $ 4.1 billion , up 26 percent ; organic sales up 23 percent versus the year - ago period 2Q21 GAAP Income from continuing operations of $ 564 million ; operating EBITDA of $ 1.06 billion , up 53 percent versus the year - ago period ; operating EBITDA margin expansion of 460 basis points Approximately $ 800 million of capital returned to shareholders during the quarter through share repurchases and dividends Announces change to treatment of intangible amortization expense for non - GAAP reporting effective 3Q21 Raises full year 2021 guidance for net sales , operating EBITDA and adjusted EPS WILMINGTON , Del . , August 3 , 2021 - DuPont ( NYSE : DD ) today announced financial results for the second quarter 2021 . " Continued positive momentum in almost all of our key end - markets , including semiconductor , smartphones , automotive , and residential construction , enabled us to deliver strong second quarter results ahead of expectations with year - over - year and sequential growth in all three reporting segments , " said Ed Breen , DuPont Executive Chairman and Chief Executive Officer . " Our teams ' intense focus on working closely with customers and suppliers during an environment of global supply chain and logistics challenges and escalating raw material costs was critical to our second quarter results . " " In addition to solid financial performance , we continue to shift our portfolio and investments toward higher growth and higher margin businesses , " Breen continued . " We closed the divestiture of the Solamet business at the end of June and on July 1st , we completed the acquisition of Laird Performance Materials which strategically complements our Electronics & Industrial segment . It also further strengthens our ability to address key innovation needs for high frequency connectivity , high performance computing and advanced mobility with sustainable offerings that customers and society demand . Additionally , in line with our balanced capital allocation approach , we de - levered our balance sheet by paying down $ 2 billion of bonds in May and returned $ 800 million of capital to shareholders during the quarter through share purchases and dividends . " Second Quarter 2021 Results Net sales totaled $ 4.1 billion , up 26 percent versus the year - ago period as reported and up 23 percent on an organic ( ¹ ) basis . Sales were up double - digit percent in all three reporting segments driven most notably by the ongoing recovery key end - markets adversely impacted by the COVID - 19 pandemic in the year - ago period such as automotive , construction and industrial , along with continued strength in areas such as semiconductor and smartphones . On a regional basis , organic sales growth was 20 percent or greater in all regions . GAAP EPS from continuing operations totaled $ 1.04 on GAAP income from continuing operations of $ 564 million , versus GAAP EPS from continuing operations of $ ( 3.26 ) on a GAAP loss from continuing operations of $ ( 2.4 ) billion in the year - ago period . The improvement is driven mainly by the absence of a prior year goodwill impairment charge , higher segment earnings and a significantly lower share count . Operating EBITDA ( ¹ ) was $ 1.06 billion , up 53 percent versus operating EBITDA ( ¹ ) in the prior year . The improvement was driven by the ongoing recovery in key end - markets impacted by the COVID - 19 pandemic in the year - ago period , most notably automotive , and the absence of approximately $ 150 million in charges recorded in the year - ago period associated with temporarily idling certain facilities to align supply with demand , which were partially offset by the absence of a $ 64 million gain recorded in ( 1 ) Adjusted EPS , operating EBITDA and free cash flow are non - GAAP measures . See page 6 for further discussion . Reconciliation to the most directly comparable GAAP measure , including details of significant items begins on page 11 of this communication .