Dow Inc.

American chemical company

DOW NYSE SEC CIK 1751788
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Financials

Reported figures only · latest: Q1 2026 USD · US GAAP
Revenue, last quarter $9.8B −6.1% vs same quarter last year
Net income −$533M −73.6% vs same quarter last year
EPS, diluted −$0.74 −68.2% vs same quarter last year
Operating cash flow $1.1B +1135.2% vs same quarter last year
Revenue by quarter
$10.9B
$10.9B
$10.4B
$10.4B
$10.1B
$10B
$9.5B
$9.8B
Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26

Source: SEC XBRL filings · latest filing

The long view

Fiscal years as reported · SEC XBRL filings, US GAAP
Revenue and net income10 fiscal years
  • Revenue
  • Net income
−$20B$0$20B$40B$60BFY17FY19FY21FY23FY25
Show the numbers
YearRevenueNet income
FY25$40B−$2.4B
FY24$43B$1.2B
FY23$44.6B$660M
FY22$56.9B$4.6B
FY21$55B$6.4B
FY20$38.5B$1.3B
FY19$43B−$1.3B
FY18$49.6B$4.6B
FY17$43.7B$465M
FY16$36.3B$4.3B
MarginsShare of revenue
  • Gross margin
  • Net margin
−10%0%10%20%FY17FY19FY21FY23FY25
Show the numbers
YearGross marginNet margin
FY256.3%−6.1%
FY2410.7%2.8%
FY2310.9%1.5%
FY2215.1%8.2%
FY2119.6%11.7%
FY2013.5%3.4%
FY1914.7%−3%
FY1817.2%9.4%
FY1716.9%1.1%
FY1617.1%11.9%
Free cash flowOperating cash flow minus capital expenditure
−$10B−$5B$0$5B$10BFY17FY19FY21FY23FY25
Show the numbers
YearFree cash flow
FY25−$1.4B
FY24−$26M
FY23$2.8B
FY22$5.7B
FY21$5.5B
FY20$5B
FY19$4B
FY18$2.2B
FY17−$7.7B
FY16−$6.4B
Returned to shareholdersDividends paid and shares bought back
  • Dividends
  • Buybacks
$0$2B$4B$6BFY17FY19FY21FY23FY25
Show the numbers
YearDividendsBuybacks
FY25$1.5B$0
FY24$2B$494M
FY23$2B$625M
FY22$2B$2.3B
FY21$2.1B$1B
FY20$2.1B$125M
FY19$1.6B$500M
FY18$0$0
FY17$1.1B$0
FY16$0$916M
Net margin vs the sectorMedian of Materials companies filing with the SEC
  • Dow
  • Materials median
−10%−5%0%5%10%15%FY17FY19FY21FY23FY25
Show the numbers
YearDowMaterials median
FY25−6.1%1.2%
FY242.8%2.7%
FY231.5%3.9%
FY228.2%5.6%
FY2111.7%6.6%
FY203.4%4%
FY19−3%4.1%
FY189.4%5.1%
FY171.1%5.1%
FY1611.9%4.9%

News

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