Dow Inc. (DOW)

Dow Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	41,819	42,964	44,622	56,902	54,968	38,542
Revenue Growth (YoY)	-2.82%	-3.72%	-21.58%	3.52%	42.62%	-10.27%
Cost of Revenue	38,560	38,358	39,742	48,338	44,191	33,346
Gross Profit	3,259	4,606	4,880	8,564	10,777	5,196
Selling, General & Admin	1,462	1,581	1,627	1,675	1,645	1,471
Depreciation & Amortization Expenses	291	310	324	336	388	401
Research & Development	798	810	829	851	857	768
Other Operating Expenses	857	103	528	118	6	947
Total Operating Expenses	3,408	2,804	3,308	2,980	2,896	3,587
Operating Income	-149	1,802	1,572	5,584	7,881	1,609
Interest Income	160	200	229	173	55	38
Interest Expense	-840	-811	-746	-662	-731	-827
Other Non-Operating Income (Expense)	339	409	-399	995	940	1,251
Total Non-Operating Income (Expense)	-341	-202	-916	506	264	462
Pretax Income	-490	1,600	656	6,090	8,145	2,071
Provision for Income Taxes	396	399	-4	1,450	1,740	777
Net Income	-981	1,116	589	4,582	6,311	1,225
Minority Interest in Earnings	95	85	71	58	94	69
Net Income to Common	-981	1,116	589	4,582	6,311	1,225
Net Income Growth	-	89.47%	-87.14%	-27.40%	415.18%	-
Shares Outstanding (Basic)	706	704	706	721	744	741
Shares Outstanding (Diluted)	706	705	709	726	749	742
Shares Change (YoY)	0.02%	-0.55%	-2.29%	-3.12%	0.90%	-0.03%
EPS (Basic)	-1.40	1.57	0.82	6.32	8.44	1.64
EPS (Diluted)	-1.40	1.57	0.82	6.28	8.38	1.64
EPS Growth	-	91.46%	-86.94%	-25.06%	410.98%	-
Free Cash Flow	-1,790	-236	2,618	5,455	4,722	4,964
Free Cash Flow Growth	-	-	-52.01%	15.52%	-4.88%	27.81%
Free Cash Flow Per Share	-2.53	-0.33	3.69	7.52	6.30	6.69
Dividends Per Share	2.800	2.800	2.800	2.800	2.800	2.800
Dividend Growth	-	-	-	-	-	33.33%
Gross Margin	7.79%	10.72%	10.94%	15.05%	19.61%	13.48%
Operating Margin	-0.36%	4.19%	3.52%	9.81%	14.34%	4.17%
Profit Margin	-2.12%	2.80%	1.48%	8.15%	11.65%	3.36%
FCF Margin	-4.28%	-0.55%	5.87%	9.59%	8.59%	12.88%
EBITDA	2,781	4,696	4,183	8,342	10,723	4,483
EBITDA Margin	6.65%	10.93%	9.37%	14.66%	19.51%	11.63%
EBIT	-149	1,802	1,572	5,584	7,881	1,609
EBIT Margin	-0.36%	4.19%	3.52%	9.81%	14.34%	4.17%
Effective Tax Rate	-80.82%	24.94%	-0.61%	23.81%	21.36%	37.52%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q