Dow Inc. (DOW)
NYSE: DOW · Real-Time Price · USD
32.35
-0.55 (-1.67%)
At close: Aug 21, 2026, 4:00 PM EDT
32.42
+0.07 (0.22%)
After-hours: Aug 21, 2026, 7:59 PM EDT
Dow Inc. Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 3,736 | 3,816 | 2,189 | 2,987 | 3,886 | 2,988 |
Short-Term Investments | 500 | 454 | 383 | 1,300 | 939 | 245 |
Trading Asset Securities | - | - | - | 1 | 105 | 1 |
Cash & Short-Term Investments | 4,236 | 4,270 | 2,572 | 4,288 | 4,930 | 3,234 |
Cash Growth | 54.71% | 66.02% | -40.02% | -13.02% | 52.44% | -37.19% |
Accounts Receivable | 6,430 | 4,762 | 4,756 | 4,731 | 5,659 | 6,875 |
Other Receivables | - | 363 | 300 | 189 | 307 | 357 |
Receivables | 8,148 | 6,638 | 6,864 | 6,627 | 7,803 | 9,588 |
Inventory | 7,233 | 6,595 | 6,544 | 6,076 | 6,988 | 7,372 |
Restricted Cash | 368 | 136 | 74 | 61 | 54 | 45 |
Other Current Assets | 886 | 423 | 536 | 562 | 702 | 609 |
Total Current Assets | 20,871 | 18,062 | 16,590 | 17,614 | 20,477 | 20,848 |
Property, Plant & Equipment | 23,575 | 23,606 | 23,272 | 22,386 | 21,669 | 21,967 |
Long-Term Investments | 4,973 | 4,591 | 4,679 | 4,448 | 5,048 | 5,716 |
Goodwill | 7,934 | 7,978 | 8,565 | 8,641 | 8,644 | 8,764 |
Other Intangible Assets | 1,371 | 1,486 | 1,721 | 2,072 | 2,442 | 2,881 |
Long-Term Accounts Receivable | - | - | 2 | 4 | 16 | 26 |
Long-Term Deferred Tax Assets | 1,570 | 1,511 | 1,257 | 1,486 | 960 | 1,358 |
Long-Term Deferred Charges | 1,281 | 1,296 | 1,215 | 421 | 312 | 1,395 |
Other Long-Term Assets | 10 | 8 | 11 | 895 | 1,035 | 35 |
Total Assets | 61,585 | 58,538 | 57,312 | 57,967 | 60,603 | 62,990 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 7,007 | 5,545 | 6,541 | 6,326 | 7,216 | 8,416 |
Accrued Expenses | 2,602 | 2,190 | 2,110 | 2,343 | 2,404 | 2,632 |
Short-Term Debt | 86 | 90 | 135 | 62 | 362 | 161 |
Current Portion of Long-Term Debt | 766 | 90 | 418 | 22 | 253 | 203 |
Current Portion of Leases | 341 | 476 | 424 | 446 | 396 | 420 |
Current Income Taxes Payable | 359 | 337 | 276 | 419 | 334 | 623 |
Current Unearned Revenue | 197 | 221 | 244 | 195 | 275 | 209 |
Other Current Liabilities | 573 | 234 | 140 | 144 | 91 | 562 |
Total Current Liabilities | 11,931 | 9,183 | 10,288 | 9,957 | 11,331 | 13,226 |
Long-Term Debt | 16,081 | 16,859 | 14,878 | 14,151 | 14,017 | 13,579 |
Long-Term Leases | 2,162 | 2,087 | 1,817 | 1,788 | 1,678 | 1,912 |
Long-Term Unearned Revenue | 1,643 | 1,727 | 1,480 | 1,642 | 1,725 | 1,925 |
Pension & Post-Retirement Benefits | 4,462 | 4,694 | 4,736 | 4,932 | 3,808 | 7,557 |
Long-Term Deferred Tax Liabilities | 353 | 364 | 392 | 399 | 1,110 | 506 |
Other Long-Term Liabilities | 7,586 | 6,102 | 5,870 | 5,990 | 5,687 | 5,546 |
Total Liabilities | 44,218 | 41,016 | 39,461 | 38,859 | 39,356 | 44,251 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 8 | 8 | 8 | 8 | 8 | 8 |
Additional Paid-In Capital | 11,073 | 11,112 | 9,203 | 8,880 | 8,540 | 8,151 |
Retained Earnings | 16,457 | 16,781 | 20,909 | 21,774 | 23,180 | 20,623 |
Treasury Stock | -4,016 | -4,233 | -4,655 | -4,374 | -3,871 | -1,625 |
Comprehensive Income & Other | -7,662 | -7,660 | -8,110 | -7,681 | -7,139 | -8,992 |
Total Common Equity | 15,860 | 16,008 | 17,355 | 18,607 | 20,718 | 18,165 |
Minority Interest | 1,507 | 1,514 | 496 | 501 | 529 | 574 |
Shareholders' Equity | 17,367 | 17,522 | 17,851 | 19,108 | 21,247 | 18,739 |
Total Liabilities & Equity | 61,585 | 58,538 | 57,312 | 57,967 | 60,603 | 62,990 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 19,436 | 19,602 | 17,672 | 16,469 | 16,706 | 16,275 |
Net Cash (Debt) | -15,200 | -15,332 | -15,100 | -12,181 | -11,776 | -13,041 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -21.15 | -21.55 | -21.42 | -17.18 | -16.23 | -17.41 |
Filing Date Shares Outstanding | 722.34 | 717.53 | 703.83 | 702.29 | 704.88 | 731.25 |
Total Common Shares Outstanding | 722.34 | 717.22 | 703.61 | 702.29 | 704.88 | 730.72 |
Working Capital | 8,940 | 8,879 | 6,302 | 7,657 | 9,146 | 7,622 |
Book Value Per Share | 21.96 | 22.32 | 24.67 | 26.49 | 29.39 | 24.86 |
Tangible Book Value | 6,555 | 6,544 | 7,069 | 7,894 | 9,632 | 6,520 |
Tangible Book Value Per Share | 9.07 | 9.12 | 10.05 | 11.24 | 13.66 | 8.92 |
Land | - | 2,441 | 2,255 | 2,218 | 2,129 | 2,045 |
Buildings | - | 5,533 | 5,145 | 5,216 | 5,045 | 5,108 |
Machinery | - | 47,083 | 44,047 | 43,343 | 42,131 | 42,627 |
Construction In Progress | - | 2,914 | 3,431 | 2,561 | 2,128 | 1,538 |