Dow Inc. (DOW) Revenue History
Annual and quarterly revenue from 2017 to 2025
Compound Annual Growth Rate (CAGR)
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DOW Revenue Growth
Revenue Breakdown (FY 2025)
DOW's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
DOW Revenue Analysis (2017–2025)
As of May 6, 2026, Dow Inc. (DOW) generated trailing twelve-month (TTM) revenue of $39.33 billion, reflecting moderate decline in growth of -6.1% year-over-year. The most recent quarter (Q1 2026) recorded $9.79 billion in revenue, up 3.5% sequentially.
Looking at the longer-term picture, DOW's 5-year compound annual growth rate (CAGR) stands at +0.7%, indicating moderate growth over time. The company achieved its highest annual revenue of $60.28 billion in 2018.
Revenue diversification analysis shows DOW's business is primarily driven by Packaging & Specialty Plastics (51%), Industrial Intermediates & Infrastructure (28%), and Performance Materials & Coatings (21%). With over half of revenue concentrated in Packaging & Specialty Plastics, the company maintains significant focus in this area while developing other growth vectors.
When compared to Basic Materials sector peers including LYB (-34.8% YoY), HUN (-4.7% YoY), and WLK (-8.6% YoY), DOW has underperformed the peer group in terms of revenue growth. Compare DOW vs LYB →
DOW Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DOWCurrent | $39.3B | -6.1% | +0.7% | 0.7% | |
 LYB | $30.2B | -34.8% | +1.7% | -1.1% | |
 HUN | $5.7B | -4.7% | -1.1% | -0.7% | |
 WLK | $11.2B | -8.6% | +8.3% | -14.1% | |
 OLN | $6.8B | +3.7% | +3.3% | 1.7% | |
 TROX | $3M | -7.8% | -74.6% | -8.7% |
DOW Historical Revenue Data (2017–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $39.97B | -7.0% | $2.40B | 6.0% | $260.0M | 0.7% |
| 2024 | $42.96B | -3.7% | $4.46B | 10.4% | $2.06B | 4.8% |
| 2023 | $44.62B | -21.6% | $4.97B | 11.1% | $2.52B | 5.6% |
| 2022 | $56.90B | +3.5% | $7.86B | 13.8% | $5.33B | 9.4% |
| 2021 | $54.97B | +42.6% | $10.39B | 18.9% | $7.89B | 14.3% |
| 2020 | $38.54B | -10.3% | $4.81B | 12.5% | $2.57B | 6.7% |
| 2019 | $42.95B | -28.7% | $5.96B | 13.9% | $3.60B | 8.4% |
| 2018 | $60.28B | +37.8% | $8.16B | 13.5% | $5.58B | 9.3% |
| 2017 | $43.73B | - | $11.27B | 25.8% | $6.70B | 15.3% |
Full DOW Stock Analysis
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Start ComparisonDOW — Frequently Asked Questions
Quick answers to the most common questions about buying DOW stock.
Is DOW's revenue growth accelerating or slowing?
DOW revenue declined -6.1% year-over-year, contrasting with the 5-year CAGR of +0.7%. TTM revenue fell to $39.3B. This reverses the prior growth trend.
What is DOW's long-term revenue growth rate?
Dow Inc.'s 5-year revenue CAGR of +0.7% reflects the variable expansion pattern. Current YoY growth of -6.1% is below this long-term average.
How is DOW's revenue distributed by segment?
DOW reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2025 are available for download. Segment mix reveals concentration and diversification trends.