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Dow Inc. DOW SPX

Basic Materials · Chemicals · United States
https://www.dow.com

Dow Inc., through its subsidiaries, 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. The company operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments. The Packaging & Specialty Plastics segment provides ethylene, propylene, polyethylene, and aromatics products; and other ethylene derivatives, such as polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubber. The Industrial Intermediates & Infrastructure segment offers polyurethanes, including propylene oxide, propylene glycol, and polyether polyols; aromatic isocyanates and fully formulated polyurethane systems; and chlor-alkali and vinyl comprising chlorine and caustic soda, ethylene dichloride, and vinyl chloride monomer; and construction chemicals consisting of cellulose ethers, redispersible latex powders, and acrylic emulsions, as well as coatings, adhesives, sealants, elastomers, and composites. The Performance Materials & Coatings segment provides architectural paints and coatings, and industrial coatings; and acrylics-based building blocks, silicon metals, siloxanes, and intermediates. The company also engages in the property and casualty insurance, as well as reinsurance business. The company was founded in 1897 and is headquartered in Midland, Michigan.

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$33.75
+28.03% 1Y

Market & Price

Market Cap
$24.33B
Current Price
$33.75
High / Low (52W)
$41.45 / $19.83
Beta
0.45

Valuation

Stock P/E
-
Industry PE
24.80
Forward P/E
15.90
PEG Ratio
38.89
Book Value
$21.16
Price to Book
1.60
P/S
0.62
EV/EBITDA
15.57
Dividend Yield
4.15%

Profitability & Returns

ROCE
-3.34%
ROE
-15.26%
ROA
-0.14%
Profit Margin
-7.24%
Op Margin
0.01%
EPS (Latest Qtr)
$-0.74
EPS (TTM)
$-4.00

Balance Sheet & Liquidity

Debt/Equity
1.17
Quick Ratio
0.90
Current Ratio
1.85
Debt
$19.63B
Total Assets
$58.54B
Current Assets
$18.06B
Working Capital
$8.88B

Ownership

Promoter Holding
0.23%
Chg in Prom Hold
-
FII / Inst Holding
73.76%
Chg in FII Hold
0.01%

Financial Snapshot

Enterprise Value
$41.14B
Total Revenue (TTM)
$39.33B
EBITDA
$2.64B
Free Cash Flow
$-675.88M
Operating Cash Flow
$2.06B
Shares Outstanding
720.74M
Gross Margin
6.25%
Payout Ratio
700.00%

Growth (CAGR)

Revenue 5Y
-11.11%
Profit 5Y
-52.42%
Revenue (YoY)
-6.10%
Earnings (YoY)
-

PROS

  • Attractive dividend yield of 4.15%.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -11.1% CAGR over 5 years.
  • Earnings shrank at -52.4% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Basic Materials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 DOW Dow Inc. SPX 33.75 - $24.33B 4.15% -3.34% -15.26% -11.11% -52.42%
2 LIN Linde plc NDXSPX 497.69 33.00 $230.11B 1.29% 13.07% 18.23% 0.62% 18.48%
3 NEM Newmont Corporation SPX 109.81 14.24 $117.23B 0.95% 22.51% 25.83% 23.91% 583.84%
4 FCX Freeport-McMoRan Inc. SPX 65.71 34.77 $94.46B 0.91% 12.93% 15.63% 4.39% -14.02%
5 SHW The Sherwin-Williams Company SPX 303.84 29.16 $74.94B 1.05% 20.04% 60.72% 2.10% 8.34%
6 CRH CRH plc SPX 108.79 20.18 $72.69B 1.43% 11.33% 15.81% 4.60% -1.15%
7 ECL Ecolab Inc. SPX 256.00 34.59 $72.05B 1.14% 14.89% 22.43% 4.26% 23.88%
8 APD Air Products and Chemicals, Inc. SPX 278.62 29.33 $62.04B 2.60% -0.62% 12.35% -1.77% -39.16%
9 NUE Nucor Corporation SPX 250.00 24.80 $56.94B 0.90% 8.80% 12.29% -7.84% -38.80%
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Quarterly Results

Figures in USD.

Metric Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 14.90B12.79B12.63B-10.97B11.01B10.76B-9.77B8.35B9.71B-11.88B13.88B14.84B15.26B15.66B14.12B11.85B11.42B10.73B10.77B10.91B--10.43B10.10B9.97B9.46B9.79B
Cost of Revenue -------------------------9.76B9.52B9.24B8.91B9.15B
Gross Profit 2.26B2.25B2.18B1.85B1.83B1.59B1.39B1.49B1.54B744.00M1.34B1.57B-------------671.00M583.00M731.00M548.00M640.00M
Operating Expenses -------------------------642.00M598.00M577.00M558.00M644.00M
Operating Income -------------------------29.00M-15.00M154.00M-10.00M-4.00M
EBITDA -------------------------556.00M274.00M979.00M-621.00M548.00M
Interest Expense -------------------------216.00M209.00M221.00M219.00M219.00M
Pretax Income --------------------------374.00M-659.00M70.00M-1.55B-390.00M
Tax Provision --------------------------84.00M142.00M-54.00M-71.00M55.00M
Net Income 1.34B1.33B1.01B-556.00M75.00M333.00M-239.00M-225.00M-25.00M-991.00M1.90B1.68B1.57B1.66B739.00M-93.00M485.00M302.00M516.00M439.00M---307.00M-835.00M62.00M-1.54B-533.00M
Diluted EPS -1.781.36-0.740.100.45-0.32-0.31-0.04-1.322.512.232.112.261.02-0.130.680.420.730.62---0.44-1.180.08-2.15-0.74
R&D Expense 386.00M---361.00M-------------------------

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -49.60B42.95B38.54B-56.90B44.62B42.96B39.97B
Cost of Revenue -----48.34B39.74B38.36B37.44B
Gross Profit -8.53B6.29B5.20B-8.56B4.88B4.61B2.53B
Operating Expenses -----2.86B2.78B2.70B2.38B
Operating Income -----5.70B2.10B1.91B158.00M
EBITDA -----9.51B4.01B5.30B1.19B
Interest Expense -----662.00M746.00M811.00M865.00M
Pretax Income -----6.09B656.00M1.60B-2.51B
Tax Provision -----1.45B-4.00M399.00M-67.00M
Net Income 465.00M4.64B-1.36B1.23B-4.58B589.00M1.12B-2.62B
Diluted EPS 0.606.21-1.841.64-6.280.821.57-3.70

Compounded Sales Growth

5 Years:-11.11%
1 Year:-6.10%

Compounded Profit Growth

5 Years:-52.42%
1 Year:-

Stock Price Performance

1 Year:+28.03%
6 Months:+50.90%
3 Months:+10.94%
1 Month:-13.80%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -83.70B60.52B61.47B-60.60B57.97B57.31B58.54B
Current Assets -----20.48B17.61B16.59B18.06B
Cash & Equivalents 6.19B2.72B2.37B5.10B-3.89B2.99B2.19B3.82B
Inventory -----6.99B6.08B6.54B6.59B
Receivables -----5.61B4.72B4.76B4.76B
Total Liabilities -----39.36B38.86B39.46B41.02B
Current Liabilities -15.55B10.68B11.11B-11.33B9.96B10.29B9.18B
Long Term Debt -19.59B16.41B16.95B-13.91B14.03B14.77B16.72B
Total Debt -----16.71B16.45B17.64B19.60B
Total Equity 31.52B32.48B13.54B12.44B-20.72B18.61B17.36B16.01B
Shares Outstanding -----771.68M778.60M784.47M790.29M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -4.93B4.25B5.93B6.23B-7.47B5.20B2.91B1.03B
Investing Cash Flow 7.52B-2.19B-2.19B-841.00M--2.97B-2.93B-2.37B-2.13B
Financing Cash Flow -3.33B-5.40B-4.09B-2.76B--3.36B-3.12B-1.17B2.51B
Capital Expenditure ------2.06B-2.48B-3.06B-2.48B
Free Cash Flow -----5.42B2.72B-151.00M-1.45B
Net Change in Cash -----1.14B-847.00M-622.00M1.41B
Share Buybacks 00500.00M125.00M1.00B2.33B625.00M494.00M0
Dividends Paid 1.06B3.71B535.00M------

Ratios (Annual)

Figures in %.

Metric Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -17.2%14.7%13.5%-15.1%10.9%10.7%6.3%
Operating Margin % -----10.0%4.7%4.4%0.4%
Net Margin % -9.4%-3.2%3.2%-8.1%1.3%2.6%-6.6%
ROE % 1.5%14.3%-10.0%9.9%-22.1%3.2%6.4%-16.4%
ROCE % -----11.6%4.4%4.1%0.3%

Shareholding Pattern

Insiders
0.23%
Institutions
73.76%
Public Float
73.93%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 7.40% 53.34M $1.80B
2 Vanguard Capital Management LLC 6.41% 46.19M $1.56B
3 State Street Corporation 4.87% 35.11M $1.19B
4 Vanguard Portfolio Management LLC 4.56% 32.84M $1.11B
5 Pzena Investment Management LLC 2.63% 18.95M $639.48M
6 Geode Capital Management, LLC 2.61% 18.78M $633.77M
7 Morgan Stanley 1.94% 13.98M $471.71M
8 AQR Capital Management, LLC 1.43% 10.32M $348.19M
9 Invesco Ltd. 1.34% 9.63M $325.08M
10 Capital Research Global Investors 1.27% 9.15M $308.68M

Analyst View

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Latest News

Recent headlines for DOW

CNBC Economy Wed, 13 May 2026

Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022

The producer price index was expected to increase 0.5% in April, according to the Dow Jones consensus.

CNBC Economy ue, 12 May 2026

Consumer prices rose 3.8% annually in April, the highest since May 2023

The consumer price index was expected to increase by 3.7% annually in April, according to the Dow Jones consensus.

CNBC Economy Fri, 08 May 2026

U.S. payrolls jump more than expected, but the report had several red flags for the economy

Nonfarm payrolls were expected to increase by 55,000 in April, according to the Dow Jones consensus.

SeekingAlpha Earnings Sun, 31 May 2026

The June Dog Of The Dow To Buy

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