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6Material company update
Apr 23, 2026·SEC
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Apr 14, 2026·SEC
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Feb 2, 2026·SEC
Dow Inc.(DOW)Earnings, Financials & Key Ratios
DOW•NYSE
Price updated Jun 19, 2026
AboutDow Inc. provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. It operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments. The Packaging & Specialty Plastics segment provides ethylene, and propylene and aromatics products; and polyethylene, polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubbers. The Industrial Intermediates & Infrastructure segment offers ethylene oxides, propylene oxides, propylene glycol and polyether polyols, aromatic isocyanates and polyurethane systems, coatings, adhesives, sealants, elastomers, and composites. This segment also provides caustic soda, and ethylene dichloride and vinyl chloride monomers; and cellulose ethers, redispersible latex powders, and acrylic emulsions. The Performance Materials and Coatings segment provides architectural paints and coatings, and industrial coatings that are used in maintenance and protective industries, wood, metal packaging, traffic markings, thermal paper, and leather; performance silicones and specialty materials; and silicone feedstocks and intermediates. It also engages in property and casualty insurance, as well as reinsurance business. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan.Show more
- Revenue$39.97B-7.0%
- EBITDA$3.09B-37.6%
- Net Income-$2.62B-335.0%
- EPS (Diluted)-3.69-335.0%
- Gross Margin5.99%-42.2%
- EBITDA Margin7.74%-32.9%
- Operating Margin0.65%-86.5%
- Net Margin-6.56%-352.7%
- ROE-14.83%-345.6%
DOW Key Insights
Dow Inc. (DOW) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Trading at only 1.3x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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DOW Price & Volume
Dow Inc. (DOW) stock price & volume — 10-year historical chart
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DOW Growth Metrics
Dow Inc. (DOW) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years0.73%
3 Years-11.11%
TTM-7.74%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-1042.32%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-1095.23%
Return on Capital
10 Years7.44%
5 Years7.31%
3 Years3.35%
Last Year0.54%
DOW Recent Earnings
Dow Inc. (DOW) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 23, 2026Metric
Actual
Est
EPS
$0.14+64.1%
$0.39
Rev
$9.8B+1.4%
$9.7B
Q1 2026
Jan 29, 2026Metric
Actual
Est
EPS
$0.34+26.7%
$0.46
Rev
$9.5B-0.0%
$9.5B
Q4 2025
Oct 23, 2025Metric
Actual
Est
EPS
$0.19+38.4%
$0.31
Rev
$10.0B-2.4%
$10.2B
Q3 2025
Jul 24, 2025Metric
Actual
Est
EPS
$0.42-142.1%
$0.17
Rev
$10.1B-1.4%
$10.2B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $0.14vs $0.39+64.1% | $9.8Bvs $9.7B+1.4% |
| Q1 2026 | Jan 29, 2026 | $0.34vs $0.46+26.7% | $9.5Bvs $9.5B-0.0% |
| Q4 2025 | Oct 23, 2025 | $0.19vs $0.31+38.4% | $10.0Bvs $10.2B-2.4% |
| Q3 2025 | Jul 24, 2025 | $0.42vs $0.17-142.1% | $10.1Bvs $10.2B-1.4% |
Based on last 12 quarters of dataView full earnings history →
DOW Peer Comparison
Dow Inc. (DOW) competitors in Petrochemicals, plastics and oxygenates — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 LYB | 19.35B | 60.07 | -25.56 | -25.18% | -3.44% | -7.2% | 1.56 | |
 HUN | 2.1B | 12.07 | -7.59 | -5.85% | -5.69% | -8.14% | 0.92 | |
 WLK | 10.28B | 80.28 | -6.84 | -8.01% | -14.91% | -16.76% | 0.69 | |
 OLN | 2.51B | 22.01 | -59.49 | 3.68% | -1.89% | -6.64% | 1.76 | |
 TROX | 1.18B | 7.40 | -2.49 | -5.73% | -12.3% | -30.42% | 2.48 | |
 EMN | 8.29B | 72.49 | 17.68 | -6.71% | 4.62% | 6.69% | 0.84 | |
 LIN | 237.33B | 512.15 | 35.10 | 2.97% | 20.56% | 17.82% | 0.68 | |
 APD | 62.39B | 280.21 | -158.31 | -0.52% | 16.91% | 11.85% | 1.06 |
Compare DOW vs Peers
Dow Inc. (DOW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
DOW Income Statement
Dow Inc. (DOW) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 43.73B | 60.28B | 42.95B | 38.54B | 54.97B | 56.9B | 44.62B | 42.96B | 39.97B | 39.33B |
Revenue Growth % | - | 37.84% | -28.75% | -10.27% | 42.62% | 3.52% | -21.58% | -3.72% | -6.97% | -7.74% |
Cost of Goods Sold | 44.24B | 41.44B | 36.99B | 33.73B | 44.58B | 49.05B | 39.65B | 38.51B | 37.57B | 36.91B |
COGS % of Revenue | 101.16% | 68.75% | 86.13% | 87.51% | 81.1% | 86.19% | 88.86% | 89.63% | 94.01% | - |
Gross Profit | 11.27B▲ 0% | 8.16B▼ 27.6% | 5.96B▼ 27.0% | 4.81B▼ 19.2% | 10.39B▲ 115.9% | 7.86B▼ 24.4% | 4.97B▼ 36.7% | 4.46B▼ 10.4% | 2.4B▼ 46.2% | 2.42B▲ 0% |
Gross Margin % | 25.78% | 13.54% | 13.87% | 12.49% | 18.9% | 13.81% | 11.14% | 10.37% | 5.99% | 6.16% |
Gross Profit Growth % | - | -27.61% | -27.01% | -19.21% | 115.88% | -24.36% | -36.72% | -10.4% | -46.24% | - |
Operating Expenses | 4.57B | 2.58B | 2.35B | 2.24B | 2.5B | 2.53B | 2.46B | 2.39B | 2.13B | 3.33B |
OpEx % of Revenue | 10.45% | 4.28% | 5.48% | 5.81% | 4.55% | 4.44% | 5.5% | 5.57% | 5.34% | - |
Selling, General & Admin | 2.92B | 1.78B | 1.59B | 1.47B | 1.65B | 1.68B | 1.63B | 1.58B | 1.38B | 1.44B |
SG&A % of Revenue | 6.68% | 2.96% | 3.7% | 3.82% | 2.99% | 2.94% | 3.65% | 3.68% | 3.46% | - |
Research & Development | 803M | 1.54B | 765M | 768M | 857M | 851M | 829M | 810M | 751M | 733M |
R&D % of Revenue | 1.84% | 2.55% | 1.78% | 1.99% | 1.56% | 1.5% | 1.86% | 1.89% | 1.88% | - |
Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2M |
Operating Income | 6.7B▲ 0% | 5.58B▼ 16.8% | 3.6B▼ 35.4% | 2.57B▼ 28.5% | 7.89B▲ 206.5% | 5.33B▼ 32.4% | 2.52B▼ 52.8% | 2.06B▼ 18.0% | 260M▼ 87.4% | -907M▲ 0% |
Operating Margin % | 15.33% | 9.25% | 8.38% | 6.68% | 14.35% | 9.37% | 5.64% | 4.8% | 0.65% | -2.31% |
Operating Income Growth % | - | -16.8% | -35.44% | -28.55% | 206.49% | -32.4% | -52.8% | -17.96% | -87.4% | - |
EBITDA | 7.33B | 8.31B | 6.27B | 5.16B | 10.73B | 8.09B | 5.13B | 4.96B | 3.09B | 1.26B |
EBITDA Margin % | 16.76% | 13.79% | 14.6% | 13.39% | 19.52% | 14.22% | 11.49% | 11.54% | 7.74% | 3.2% |
EBITDA Growth % | - | 13.46% | -24.56% | -17.7% | 107.83% | -24.6% | -36.62% | -3.3% | -37.6% | -71.22% |
D&A (Non-Cash Add-back) | 624M | 2.74B | 2.67B | 2.59B | 2.84B | 2.76B | 2.61B | 2.89B | 2.83B | 2.17B |
EBIT | 3.77B | 4.81B | -300M | 2.95B | 8.83B | 6.74B | 1.39B | 2.36B | -1.65B | -1.33B |
Net Interest Income | -976M | -978M | -866M | -840M | -634M | -478M | -507M | -558M | -713M | -715M |
Interest Income | 0 | 82M | 81M | 38M | 55M | 173M | 229M | 200M | 152M | 166M |
Interest Expense | 976M | 1.06B | 947M | 878M | 689M | 651M | 736M | 758M | 865M | 881M |
Other Income/Expense | -3.9B | -1.83B | -4.85B | -502M | 259M | 759M | -1.86B | -464M | -2.77B | -1.62B |
Pretax Income | 237M▲ 0% | 5.92B▲ 2397.0% | -1.25B▼ 121.1% | 2.07B▲ 266.1% | 8.14B▲ 293.3% | 6.09B▼ 25.2% | 656M▼ 89.2% | 1.6B▲ 143.9% | -2.51B▼ 256.9% | -2.53B▲ 0% |
Pretax Margin % | 0.54% | 9.82% | -2.9% | 5.37% | 14.82% | 10.7% | 1.47% | 3.72% | -6.28% | -6.42% |
Income Tax | 1.52B | 1.28B | 470M | 777M | 1.74B | 1.45B | -4M | 399M | -67M | 72M |
Effective Tax Rate % | 643.04% | 21.71% | -37.69% | 37.52% | 21.36% | 23.81% | -0.61% | 24.94% | 2.67% | -2.85% |
Net Income | 465M▲ 0% | 4.5B▲ 867.5% | -1.36B▼ 130.3% | 1.23B▲ 189.7% | 6.31B▲ 415.2% | 4.58B▼ 27.4% | 589M▼ 87.1% | 1.12B▲ 89.5% | -2.62B▼ 335.0% | -2.76B▲ 0% |
Net Margin % | 1.06% | 7.46% | -3.18% | 3.18% | 11.48% | 8.05% | 1.32% | 2.6% | -6.56% | -7.02% |
Net Income Growth % | - | 867.53% | -130.34% | 189.74% | 415.18% | -27.4% | -87.15% | 89.47% | -335.04% | -1042.32% |
Net Income (Continuing) | 595M | 2.94B | -1.72B | 1.29B | 6.41B | 4.64B | 660M | 1.2B | -2.44B | -2.6B |
Discontinued Operations | 1.88B | 1.83B | 432M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 1.19B | 1.14B | 553M | 570M | 574M | 529M | 501M | 496M | 1.51B | 1.51B |
EPS (Diluted) | 0.62▲ 0% | 6.00▲ 867.7% | -2.31▼ 138.5% | 1.64▲ 171.0% | 8.38▲ 411.0% | 6.28▼ 25.1% | 0.82▼ 86.9% | 1.57▲ 91.5% | -3.69▼ 335.0% | -3.83▲ 0% |
EPS Growth % | - | 867.74% | -138.5% | 171% | 410.98% | -25.06% | -86.94% | 91.46% | -335.03% | -1095.23% |
EPS (Basic) | 0.62 | 6.02 | -2.31 | 1.64 | 8.44 | 6.32 | 0.82 | 1.57 | -3.69 | - |
Diluted Shares Outstanding | 750M | 750M | 742.5M | 742.3M | 749M | 725.6M | 709M | 705.1M | 711.6M | 721.2M |
Basic Shares Outstanding | 742.66M | 747.2M | 742.5M | 740.5M | 743.6M | 721M | 705.7M | 703.8M | 711.6M | 721.2M |
Dividend Payout Ratio | 695.7% | 82.48% | - | 169.06% | 32.85% | 43.78% | 334.8% | 176.16% | - | - |
DOW Balance Sheet
Dow Inc. (DOW) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 27.24B | 25.26B | 16.82B | 19.08B | 20.85B | 20.48B | 17.61B | 16.59B | 18.06B | 19.47B |
Cash & Short-Term Investments | 6.19B | 2.82B | 2.37B | 5.1B | 2.99B | 3.89B | 2.99B | 2.57B | 3.82B | 4.11B |
Cash Only | 6.19B | 2.72B | 2.37B | 5.1B | 2.99B | 3.89B | 2.99B | 2.19B | 3.82B | 4.11B |
Short-Term Investments | 4M | 100M | 0 | 0 | 0 | 0 | 0 | 383M | 0 | 0 |
Accounts Receivable | 12.05B | 9.04B | 7.55B | 7.39B | 9.55B | 7.75B | 6.61B | 6.86B | 6.64B | 7.41B |
Days Sales Outstanding | 100.57 | 54.71 | 64.2 | 69.98 | 63.44 | 49.74 | 54.1 | 58.31 | 60.62 | 66.96 |
Inventory | 8.38B | 9.26B | 6.21B | 5.7B | 7.37B | 6.99B | 6.08B | 6.54B | 6.59B | 6.78B |
Days Inventory Outstanding | 69.11 | 81.55 | 61.31 | 61.69 | 60.36 | 52.01 | 55.93 | 62.03 | 64.07 | 66.12 |
Other Current Assets | 627M | 20.61B | 679M | 889M | 934M | 1.85B | 1.94B | 610M | 1.01B | 1.18B |
Total Non-Current Assets | 52.7B | 52.12B | 43.71B | 42.39B | 42.14B | 40.13B | 40.35B | 40.72B | 40.48B | 40.31B |
Property, Plant & Equipment | 23.81B | 23.66B | 23.07B | 22.09B | 21.97B | 21.67B | 22.39B | 23.27B | 23.61B | 22.11B |
Fixed Asset Turnover | 1.84x | 2.55x | 1.86x | 1.74x | 2.50x | 2.63x | 1.99x | 1.85x | 1.69x | 1.69x |
Goodwill | 13.94B | 13.85B | 8.8B | 8.91B | 8.76B | 8.64B | 8.64B | 8.56B | 7.98B | 7.95B |
Intangible Assets | 5.55B | 4.91B | 3.76B | 3.35B | 2.88B | 2.44B | 2.07B | 1.72B | 1.49B | 1.43B |
Long-Term Investments | 6.25B | 5.97B | 3.99B | 4.1B | 5.24B | 4.38B | 4.01B | 4.68B | 3.02B | 16.6B |
Other Non-Current Assets | 1.42B | 1.09B | 1.88B | 1.71B | 1.93B | 2.03B | 1.76B | 1.23B | 2.88B | 2.71B |
Total Assets | 79.94B▲ 0% | 77.38B▼ 3.2% | 60.52B▼ 21.8% | 61.47B▲ 1.6% | 62.99B▲ 2.5% | 60.6B▼ 3.8% | 57.97B▼ 4.3% | 57.31B▼ 1.1% | 58.54B▲ 2.1% | 59.78B▲ 0% |
Asset Turnover | 0.55x | 0.78x | 0.71x | 0.63x | 0.87x | 0.94x | 0.77x | 0.75x | 0.68x | 0.66x |
Asset Growth % | - | -3.2% | -21.78% | 1.56% | 2.47% | -3.79% | -4.35% | -1.13% | 2.14% | 9.6% |
Total Current Liabilities | 14.38B | 13.76B | 10.68B | 11.11B | 13.23B | 11.33B | 9.96B | 10.29B | 9.18B | 10.54B |
Accounts Payable | 5.36B | 4.46B | 3.89B | 3.76B | 5.58B | 4.94B | 4.53B | 4.85B | 4.15B | 4.77B |
Days Payables Outstanding | 44.23 | 39.24 | 38.37 | 40.72 | 45.66 | 36.76 | 41.69 | 45.94 | 40.32 | 45.49 |
Short-Term Debt | 1.24B | 636M | 1.02B | 616M | 392M | 724M | 179M | 632M | 312M | 881M |
Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 0 | 4.49B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 344M |
Current Ratio | 1.89x | 1.84x | 1.57x | 1.72x | 1.58x | 1.81x | 1.77x | 1.61x | 1.97x | 1.85x |
Quick Ratio | 1.31x | 1.16x | 0.99x | 1.20x | 1.02x | 1.19x | 1.16x | 0.98x | 1.25x | 1.20x |
Cash Conversion Cycle | 125.45 | 97.02 | 87.14 | 90.96 | 78.14 | 64.99 | 68.34 | 74.4 | 84.36 | 87.6 |
Total Non-Current Liabilities | 38.55B | 35.65B | 35.75B | 37.36B | 31.02B | 28.02B | 28.9B | 29.17B | 31.83B | 32.48B |
Long-Term Debt | 19.77B | 19.25B | 15.97B | 15.97B | 13.41B | 13.91B | 14.03B | 14.77B | 16.72B | 17.25B |
Capital Lease Obligations | 0 | 0 | 1.74B | 2.04B | 2.02B | 1.79B | 1.91B | 1.92B | 2.22B | 7.54B |
Deferred Tax Liabilities | 764M | 664M | 347M | 405M | 506M | 1.11B | 399M | 392M | 364M | 1.47B |
Other Non-Current Liabilities | 18.02B | 14.78B | 17.69B | 18.94B | 15.09B | 11.22B | 12.56B | 12.09B | 12.52B | 13.73B |
Total Liabilities | 52.93B | 49.41B | 46.43B | 48.47B | 44.25B | 39.36B | 38.86B | 39.46B | 41.02B | 43.02B |
Total Debt | 21B | 19.9B | 19.16B | 19.04B | 16.14B | 16.71B | 16.45B | 17.64B | 19.6B | 19.63B |
Net Debt | 14.81B | 17.16B | 16.79B | 13.94B | 13.15B | 12.82B | 13.46B | 15.46B | 15.78B | 15.52B |
Debt / Equity | 0.78x | 0.71x | 1.36x | 1.46x | 0.86x | 0.79x | 0.86x | 0.99x | 1.12x | 1.17x |
Debt / EBITDA | 2.87x | 2.39x | 3.05x | 3.69x | 1.50x | 2.07x | 3.21x | 3.56x | 6.33x | 15.59x |
Net Debt / EBITDA | 2.02x | 2.06x | 2.68x | 2.70x | 1.23x | 1.58x | 2.63x | 3.12x | 5.10x | 12.33x |
Interest Coverage | 3.87x | 4.54x | -0.32x | 3.36x | 12.82x | 10.35x | 1.89x | 3.11x | -1.90x | -1.51x |
Total Equity | 27.01B▲ 0% | 27.97B▲ 3.6% | 14.09B▼ 49.6% | 13.01B▼ 7.7% | 18.74B▲ 44.1% | 21.25B▲ 13.4% | 19.11B▼ 10.1% | 17.85B▼ 6.6% | 17.52B▼ 1.8% | 16.76B▲ 0% |
Equity Growth % | - | 3.55% | -49.61% | -7.73% | 44.09% | 13.38% | -10.07% | -6.58% | -1.84% | -4.84% |
Book Value per Share | 36.01 | 37.29 | 18.98 | 17.52 | 25.02 | 29.28 | 26.95 | 25.32 | 24.62 | 23.24 |
Total Shareholders' Equity | 25.82B | 26.83B | 13.54B | 12.44B | 18.16B | 20.72B | 18.61B | 17.36B | 16.01B | 15.25B |
Common Stock | 0 | 0 | 8M | 8M | 8M | 8M | 8M | 8M | 8M | 8M |
Retained Earnings | 28.05B | 29.81B | 17.05B | 16.36B | 20.62B | 23.18B | 21.77B | 20.91B | 16.78B | 15.99B |
Treasury Stock | 0 | 0 | -500M | -625M | -1.63B | -3.87B | -4.37B | -4.66B | -4.23B | -4.12B |
Accumulated OCI | -8.59B | -9.88B | -10.25B | -10.86B | -8.98B | -7.14B | -7.68B | -8.11B | -7.66B | -7.7B |
Minority Interest | 1.19B | 1.14B | 553M | 570M | 574M | 529M | 501M | 496M | 1.51B | 1.51B |
DOW Cash Flow Statement
Dow Inc. (DOW) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | -4.93B | 3.89B | 5.93B | 6.23B | 7.01B | 7.47B | 5.2B | 2.91B | 1.03B | 1.69B |
Operating CF Margin % | -11.27% | 6.46% | 13.81% | 16.15% | 12.75% | 13.14% | 11.64% | 6.78% | 2.58% | - |
Operating CF Growth % | - | 179% | 52.29% | 4.99% | 12.58% | 6.65% | -30.49% | -43.92% | -64.58% | -188.56% |
Net Income | 595M | 4.63B | -1.27B | 1.29B | 6.41B | 4.64B | 660M | 1.2B | -2.62B | -2.76B |
Depreciation & Amortization | 2.55B | 3.33B | 2.94B | 2.87B | 2.84B | 2.76B | 2.61B | 2.89B | 2.83B | 4.25B |
Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes | 1.41B | -530M | -228M | 258M | 278M | 79M | -1.22B | 135M | -341M | -343M |
Other Non-Cash Items | 2.02B | -1.34B | 4.11B | 608M | -1.07B | 784M | 2.08B | 305M | 2.36B | 2.61B |
Working Capital Changes | -11.5B | -3.25B | 387M | 1.19B | -1.45B | -786M | 1.07B | -1.62B | -1.2B | -1.64B |
Change in Receivables | -11.43B | -1.53B | 1.25B | 171M | -2.13B | 1.19B | 1.16B | -224M | 73M | 20M |
Change in Inventory | -891M | -983M | 668M | 515M | -1.77B | 347M | 844M | -529M | -52M | 103M |
Change in Payables | 1.08B | 359M | -948M | -84M | 2.46B | -1.25B | -734M | 278M | -999M | -1.53B |
Cash from Investing | 7.52B | -2.19B | -2.19B | -841M | -2.91B | -2.97B | -2.93B | -2.37B | 817M | -2.67B |
Capital Expenditures | -187M | -46M | -9M | -135M | -823M | -235M | -121M | -125M | -2.48B | -3.71B |
CapEx % of Revenue | 0.43% | 0.08% | 0.02% | 0.35% | 1.5% | 0.41% | 0.27% | 0.29% | 6.2% | 9.42% |
Acquisitions | -749M | -18M | -638M | -333M | 0 | -137M | 58M | -28M | 3.23B | 629M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 8.05B | -1.7B | -1.82B | -287M | -1.39B | -1.79B | -2.32B | -2.74B | -8M | 343M |
Cash from Financing | -3.33B | -5.4B | -4.09B | -2.76B | -6.07B | -3.36B | -3.12B | -1.17B | -435M | 5.46B |
Debt Issued (Net) | -349M | -1.23B | -2.97B | -412M | -2.7B | 900M | -591M | 1.26B | 1.18B | 2.69B |
Equity Issued (Net) | 489M | 112M | -407M | -17M | -680M | -2.11B | -437M | -328M | 85M | 85M |
Dividends Paid | -3.23B | -3.71B | -2.08B | -2.07B | -2.07B | -2.01B | -1.97B | -1.97B | -1.49B | -2.23B |
Share Repurchases | 0 | 0 | -500M | -125M | -1B | -2.33B | -625M | -494M | 0 | 0 |
Other Financing | -230M | -572M | 1.36B | -264M | -622M | -142M | -115M | -139M | -206M | 4.92B |
Net Change in Cash | 0▲ 0% | 2.76B▲ 0% | -384M▼ 113.9% | 2.73B▲ 810.4% | -2.08B▼ 176.1% | 907M▲ 143.7% | -892M▼ 198.3% | -785M▲ 12.0% | 1.69B▲ 315.2% | 4.89B▲ 0% |
Free Cash Flow | -7.92B▲ 0% | 2.12B▲ 126.7% | 3.96B▲ 87.1% | 4.84B▲ 22.2% | 4.68B▼ 3.2% | 5.42B▲ 15.6% | 2.72B▼ 49.8% | -151M▼ 105.6% | -1.45B▼ 858.3% | -2.02B▲ 0% |
FCF Margin % | -18.12% | 3.51% | 9.22% | 12.56% | 8.52% | 9.52% | 6.09% | -0.35% | -3.62% | -5.13% |
FCF Growth % | - | 126.72% | 87.06% | 22.2% | -3.18% | 15.62% | -49.81% | -105.55% | -858.28% | -307.27% |
FCF per Share | -10.56 | 2.82 | 5.33 | 6.52 | 6.26 | 7.47 | 3.83 | -0.21 | -2.03 | -2.80 |
FCF Conversion (FCF/Net Income) | -10.60x | 0.87x | -4.34x | 5.08x | 1.11x | 1.63x | 8.82x | 2.61x | -0.39x | 0.73x |
Interest Paid | 1.11B | 1.14B | 993M | 842M | 801M | 675M | 800M | 887M | 0 | 0 |
Taxes Paid | 1.26B | 1.19B | 881M | 518M | 731M | 793M | 735M | 827M | 0 | 0 |
DOW Key Ratios
Dow Inc. (DOW) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 16.37% | -6.49% | 9.04% | 39.76% | 22.92% | 2.92% | 6.04% | -14.83% | -15.35% |
Return on Invested Capital (ROIC) | 9.62% | 7.1% | 6.67% | 20.11% | 12.12% | 5.66% | 4.7% | 0.59% | -2.03% |
Gross Margin | 13.54% | 13.87% | 12.49% | 18.9% | 13.81% | 11.14% | 10.37% | 5.99% | 6.16% |
Net Margin | 7.46% | -3.18% | 3.18% | 11.48% | 8.05% | 1.32% | 2.6% | -6.56% | -7.02% |
Debt / Equity | 0.71x | 1.36x | 1.46x | 0.86x | 0.79x | 0.86x | 0.99x | 1.12x | 1.17x |
Interest Coverage | 4.54x | -0.32x | 3.36x | 12.82x | 10.35x | 1.89x | 3.11x | -1.90x | -1.51x |
FCF Conversion | 0.87x | -4.34x | 5.08x | 1.11x | 1.63x | 8.82x | 2.61x | -0.39x | 0.73x |
Revenue Growth | 37.84% | -28.75% | -10.27% | 42.62% | 3.52% | -21.58% | -3.72% | -6.97% | -7.74% |
Related:DOW Dividend History·DOW Revenue History·DOW Price History·DOW P/E History·DOW Financial Ratios·DOW Institutional Holders
DOW SEC Filings & Documents
Dow Inc. (DOW) SEC filings — annual & quarterly reports (10-K, 10-Q)
DOW Frequently Asked Questions
Dow Inc. (DOW) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Dow Inc. (DOW) reported $39.33B in revenue for fiscal year 2025. This represents a 10% decrease from $43.73B in 2017.
Dow Inc. (DOW) saw revenue decline by 7.0% over the past year.
Dow Inc. (DOW) reported a net loss of $2.76B for fiscal year 2025.
Dividend & Returns
Yes, Dow Inc. (DOW) pays a dividend with a yield of 6.60%. This makes it attractive for income-focused investors.
Dow Inc. (DOW) has a return on equity (ROE) of -14.8%. Negative ROE indicates the company is unprofitable.
Dow Inc. (DOW) had negative free cash flow of $2.02B in fiscal year 2025, likely due to heavy capital investments.