Dow Inc. DOW SPX
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.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
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
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
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).
| # | Name | CMP $ | P/E | Mkt Cap | Div 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% |
Quarterly Results
Figures in USD.
| Metric | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14.90B | 12.79B | 12.63B | - | 10.97B | 11.01B | 10.76B | - | 9.77B | 8.35B | 9.71B | - | 11.88B | 13.88B | 14.84B | 15.26B | 15.66B | 14.12B | 11.85B | 11.42B | 10.73B | 10.77B | 10.91B | - | - | 10.43B | 10.10B | 9.97B | 9.46B | 9.79B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.76B | 9.52B | 9.24B | 8.91B | 9.15B |
| Gross Profit | 2.26B | 2.25B | 2.18B | 1.85B | 1.83B | 1.59B | 1.39B | 1.49B | 1.54B | 744.00M | 1.34B | 1.57B | - | - | - | - | - | - | - | - | - | - | - | - | - | 671.00M | 583.00M | 731.00M | 548.00M | 640.00M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 642.00M | 598.00M | 577.00M | 558.00M | 644.00M |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29.00M | -15.00M | 154.00M | -10.00M | -4.00M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 556.00M | 274.00M | 979.00M | -621.00M | 548.00M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 216.00M | 209.00M | 221.00M | 219.00M | 219.00M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -374.00M | -659.00M | 70.00M | -1.55B | -390.00M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -84.00M | 142.00M | -54.00M | -71.00M | 55.00M |
| Net Income | 1.34B | 1.33B | 1.01B | - | 556.00M | 75.00M | 333.00M | - | 239.00M | -225.00M | -25.00M | - | 991.00M | 1.90B | 1.68B | 1.57B | 1.66B | 739.00M | -93.00M | 485.00M | 302.00M | 516.00M | 439.00M | - | - | -307.00M | -835.00M | 62.00M | -1.54B | -533.00M |
| Diluted EPS | - | 1.78 | 1.36 | - | 0.74 | 0.10 | 0.45 | - | 0.32 | -0.31 | -0.04 | - | 1.32 | 2.51 | 2.23 | 2.11 | 2.26 | 1.02 | -0.13 | 0.68 | 0.42 | 0.73 | 0.62 | - | - | -0.44 | -1.18 | 0.08 | -2.15 | -0.74 |
| R&D Expense | 386.00M | - | - | - | 361.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | 49.60B | 42.95B | 38.54B | - | 56.90B | 44.62B | 42.96B | 39.97B |
| Cost of Revenue | - | - | - | - | - | 48.34B | 39.74B | 38.36B | 37.44B |
| Gross Profit | - | 8.53B | 6.29B | 5.20B | - | 8.56B | 4.88B | 4.61B | 2.53B |
| Operating Expenses | - | - | - | - | - | 2.86B | 2.78B | 2.70B | 2.38B |
| Operating Income | - | - | - | - | - | 5.70B | 2.10B | 1.91B | 158.00M |
| EBITDA | - | - | - | - | - | 9.51B | 4.01B | 5.30B | 1.19B |
| Interest Expense | - | - | - | - | - | 662.00M | 746.00M | 811.00M | 865.00M |
| Pretax Income | - | - | - | - | - | 6.09B | 656.00M | 1.60B | -2.51B |
| Tax Provision | - | - | - | - | - | 1.45B | -4.00M | 399.00M | -67.00M |
| Net Income | 465.00M | 4.64B | -1.36B | 1.23B | - | 4.58B | 589.00M | 1.12B | -2.62B |
| Diluted EPS | 0.60 | 6.21 | -1.84 | 1.64 | - | 6.28 | 0.82 | 1.57 | -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 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 83.70B | 60.52B | 61.47B | - | 60.60B | 57.97B | 57.31B | 58.54B |
| Current Assets | - | - | - | - | - | 20.48B | 17.61B | 16.59B | 18.06B |
| Cash & Equivalents | 6.19B | 2.72B | 2.37B | 5.10B | - | 3.89B | 2.99B | 2.19B | 3.82B |
| Inventory | - | - | - | - | - | 6.99B | 6.08B | 6.54B | 6.59B |
| Receivables | - | - | - | - | - | 5.61B | 4.72B | 4.76B | 4.76B |
| Total Liabilities | - | - | - | - | - | 39.36B | 38.86B | 39.46B | 41.02B |
| Current Liabilities | - | 15.55B | 10.68B | 11.11B | - | 11.33B | 9.96B | 10.29B | 9.18B |
| Long Term Debt | - | 19.59B | 16.41B | 16.95B | - | 13.91B | 14.03B | 14.77B | 16.72B |
| Total Debt | - | - | - | - | - | 16.71B | 16.45B | 17.64B | 19.60B |
| Total Equity | 31.52B | 32.48B | 13.54B | 12.44B | - | 20.72B | 18.61B | 17.36B | 16.01B |
| Shares Outstanding | - | - | - | - | - | 771.68M | 778.60M | 784.47M | 790.29M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -4.93B | 4.25B | 5.93B | 6.23B | - | 7.47B | 5.20B | 2.91B | 1.03B |
| 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 | -1.17B | 2.51B |
| Capital Expenditure | - | - | - | - | - | -2.06B | -2.48B | -3.06B | -2.48B |
| Free Cash Flow | - | - | - | - | - | 5.42B | 2.72B | -151.00M | -1.45B |
| Net Change in Cash | - | - | - | - | - | 1.14B | -847.00M | -622.00M | 1.41B |
| Share Buybacks | 0 | 0 | 500.00M | 125.00M | 1.00B | 2.33B | 625.00M | 494.00M | 0 |
| Dividends Paid | 1.06B | 3.71B | 535.00M | - | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 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
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 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
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for DOW
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.
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.
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.