A Business at a Glance
0 of 5 daily views used (5 remaining). Sign up free for 10 daily views, or try AAPL for a full preview.
THE COMPANY Dow Inc. was incorporated on August 30, 2018, under Delaware law, to serve as a holding company for The Dow Chemical Company and its consolidated subsidiaries ("TDCC" and together with Dow Inc., "Dow" or the "Company"). Dow Inc. operates all of its businesses through TDCC, a wholly owned subsidiary, which was incorporated in 1947 under Delaware law and is the successor to a Michigan corporation, of the same name, organized in 1897. The Company's principal executive offices are located at 2211 H.H. Dow Way, Midland, Michigan 48674. Available Information The Company's Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, are available free of charge at www.dow.com/investors, as soon as reasonably practicable after the reports are electronically filed or furnished with the U.S.
| Segment | 2021 | 2022 | 2023 | 2024 | 2025 | % of Total |
|---|---|---|---|---|---|---|
Operating Segments | — | — | $23.15B | $21.78B | $19.97B | 100% |
Performance Materials & Coatings | $9.67B | $10.76B | $8.50B | $8.57B | — | — |
Packaging & Specialty Plastics [Domain] | $28.13B | $29.26B | $23.15B | $21.78B | — | — |
Industrial Intermediates & Infrastructure | $16.85B | $16.61B | $12.54B | $11.87B | — | — |
Corporate Segment | $317M | $272M | $438M | $745M | — | — |
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 40.0B | 40.0B | 43.0B | 44.6B | 56.9B | 55.0B |
| Net Income | -2.6B | -2.6B | 1.1B | 589M | 4.6B | 6.3B |
| EPS | $-3.70 | $-3.70 | $1.57 | $0.82 | $6.28 | $8.38 |
| Free Cash Flow | -1.4B | -1.4B | -26M | 2.8B | 5.6B | 4.8B |
| ROIC | -5.4% | -8.6% | 6.4% | 5.0% | 18.0% | 22.4% |
| Gross Margin | 6.3% | 6.3% | 10.7% | 10.9% | 15.1% | 19.6% |
| Debt/Equity | 0.89 | 0.89 | 0.81 | 0.76 | 0.74 | 1.02 |
| Dividends/Share | $2.10 | $2.10 | $2.80 | $2.80 | $2.80 | $2.80 |
| Operating Income | -1.8B | -1.8B | 2.3B | 1.3B | 6.7B | 8.8B |
| Operating Margin | -4.6% | -4.6% | 5.4% | 3.0% | 11.8% | 16.0% |
| ROE | -16.4% | -15.7% | 6.4% | 3.2% | 22.1% | 34.7% |
| Shares Outstanding | 709M | 709M | 711M | 718M | 730M | 753M |
DOW INC. passes 3 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 32.4x vs a median of 7.0x. The company's 5-year average ROIC is 8.7% with a gross margin of 12.5%. Total shareholder yield (dividends) is 5.2%. At current prices, the estimated annualized return to fair value is -16.3%.
DOW INC. (DOW) has a 5-year average return on invested capital (ROIC) of 8.7%. This is below average and may indicate limited pricing power.
DOW INC. (DOW) has a market capitalization of $28.4B. It is classified as a large-cap stock.
Yes, DOW INC. (DOW) pays a dividend with a trailing twelve-month yield of 5.24%.
DOW INC. (DOW) operates in the Plastic Materials, Synth Resins & Nonvulcan Elastomers industry, within the Materials sector.
DOW INC. (DOW) reported annual revenue of $40.0 billion in its most recent fiscal year, based on SEC EDGAR filings.
DOW INC. (DOW) has a net profit margin of -6.6%. The company is currently unprofitable.
DOW INC. (DOW) generated $-1.4 billion in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
DOW INC. (DOW) has a debt-to-equity ratio of 0.89. This indicates moderate leverage.
DOW INC. (DOW) reported earnings per share (EPS) of $-3.70 in its most recent fiscal year.
DOW INC. (DOW) has a return on equity (ROE) of -15.7%. A negative ROE may indicate losses or negative equity.
DOW INC. (DOW) has a 5-year average gross margin of 12.5%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 9 years of financial data for DOW INC. (DOW), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
DOW INC. (DOW) has a book value per share of $22.58, based on its most recent annual SEC filing.