Dow Inc. (DOW)

Dow Inc. Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	43,536	44,622	56,902	54,968	38,542	42,951
Revenue Growth (YoY)	-18.61%	-21.58%	3.52%	42.62%	-10.27%	-13.41%
Cost of Revenue	38,601	39,742	48,338	44,191	33,346	36,657
Gross Profit	4,935	4,880	8,564	10,777	5,196	6,294
Selling, General & Admin	1,641	1,627	1,675	1,645	1,471	1,590
Research & Development	819	829	851	857	768	765
Other Operating Expenses	654	1,132	-273	429	79	4,240
Operating Expenses	3,114	3,588	2,253	2,931	2,318	6,595
Operating Income	1,821	1,292	6,311	7,846	2,878	-301
Interest Expense / Income	760	746	662	731	827	933
Other Expense / Income	-91	-39	-383	-936	49	-345
Pretax Income	1,152	585	6,032	8,051	2,002	-889
Income Tax	-46	-4	1,450	1,740	777	470
Net Income	1,198	589	4,582	6,311	1,225	-1,359
Net Income Growth	-58.97%	-87.15%	-27.40%	415.18%	-	-
Shares Outstanding (Basic)	705	706	721	744	741	743
Shares Outstanding (Diluted)	706	709	726	749	742	743
Shares Change	-0.38%	-2.29%	-3.12%	0.90%	-0.03%	-0.63%
EPS (Basic)	1.69	0.82	6.32	8.44	1.64	-1.84
EPS (Diluted)	1.68	0.82	6.28	8.38	1.64	-1.84
EPS Growth	-58.21%	-86.94%	-25.06%	410.98%	-	-
Free Cash Flow	2,278	2,618	5,455	4,722	4,964	3,884
Free Cash Flow Per Share	3.23	3.71	7.57	6.35	6.70	5.23
Dividend Per Share	2.100	2.800	2.800	2.800	2.800	2.100
Dividend Growth	-25.00%	0%	0%	0%	33.33%	-
Gross Margin	11.34%	10.94%	15.05%	19.61%	13.48%	14.65%
Operating Margin	4.18%	2.90%	11.09%	14.27%	7.47%	-0.70%
Profit Margin	2.75%	1.32%	8.05%	11.48%	3.18%	-3.16%
Free Cash Flow Margin	5.23%	5.87%	9.59%	8.59%	12.88%	9.04%
Effective Tax Rate	-3.99%	-0.68%	24.04%	21.61%	38.81%	-
EBITDA	4,595	3,942	9,452	11,624	5,703	2,982
EBITDA Margin	10.55%	8.83%	16.61%	21.15%	14.80%	6.94%
Depreciation & Amortization	2,683	2,611	2,758	2,842	2,874	2,938
EBIT	1,912	1,331	6,694	8,782	2,829	44
EBIT Margin	4.39%	2.98%	11.76%	15.98%	7.34%	0.10%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).