Dow Inc. (DOW)
NYSE: DOW · Real-Time Price · USD
33.04
-0.11 (-0.33%)
At close: Nov 13, 2026, 4:00 PM EST
33.00
-0.04 (-0.12%)
After-hours: Nov 13, 2026, 7:30 PM EST
Dow Inc. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
| 42,613 | 39,968 | 42,964 | 44,622 | 56,902 | 54,968 | |
Revenue Growth | 4.15% | -6.97% | -3.72% | -21.58% | 3.52% | 42.62% |
Cost of Revenue | 37,922 | 37,477 | 38,283 | 39,565 | 48,338 | 44,258 |
Gross Profit | 4,691 | 2,491 | 4,681 | 5,057 | 8,564 | 10,710 |
Selling, General & Admin | 1,950 | 1,569 | 1,317 | 1,907 | 1,337 | 1,313 |
Research & Development | 741 | 752 | 810 | 829 | 851 | 857 |
Amortization of Goodwill & Intangibles | 172 | 231 | 310 | 324 | 336 | 388 |
Operating Expenses | 2,863 | 2,552 | 2,437 | 3,060 | 2,524 | 2,558 |
Operating Income | 1,828 | -61 | 2,244 | 1,997 | 6,040 | 8,152 |
Interest Expense | -859 | -865 | -811 | -746 | -662 | -731 |
Interest & Investment Income | 168 | 152 | 200 | 229 | 173 | 55 |
Earnings From Equity Investments | -373 | -240 | -6 | -119 | 268 | 975 |
Currency Exchange Gain (Loss) | 90 | 39 | -45 | -340 | -117 | -8 |
Other Non Operating Income (Expenses) | 69 | 120 | 100 | 125 | 31 | 10 |
EBT Excluding Unusual Items | 923 | -855 | 1,682 | 1,146 | 5,733 | 8,453 |
Merger & Restructuring Charges | -580 | -863 | -103 | -528 | - | -6 |
Impairment of Goodwill | -690 | -690 | - | - | - | - |
Gain (Loss) on Sale of Investments | 33 | 143 | 18 | -18 | - | - |
Gain (Loss) on Sale of Assets | 79 | 113 | 60 | 80 | 78 | 121 |
Asset Writedown | -303 | -303 | - | - | - | - |
Legal Settlements | 156 | 42 | - | -55 | 401 | 121 |
Other Unusual Items | -43 | -98 | -57 | 31 | -122 | -544 |
Pretax Income | -425 | -2,511 | 1,600 | 656 | 6,090 | 8,145 |
Income Tax Expense | 170 | -67 | 399 | -4 | 1,450 | 1,740 |
Earnings From Continuing Operations | -595 | -2,444 | 1,201 | 660 | 4,640 | 6,405 |
Net Income to Company | -595 | -2,444 | 1,201 | 660 | 4,640 | 6,405 |
Minority Interest in Earnings | -302 | -179 | -85 | -71 | -58 | -94 |
Net Income | -897 | -2,623 | 1,116 | 589 | 4,582 | 6,311 |
Preferred Dividends & Other Adjustments | 8 | 11 | 12 | 11 | 24 | 32 |
Net Income to Common | -905 | -2,634 | 1,104 | 578 | 4,558 | 6,279 |
Net Income Growth | - | - | 91.00% | -87.32% | -27.41% | 416.36% |
Shares Outstanding (Basic) | 722 | 712 | 704 | 706 | 721 | 744 |
Shares Outstanding (Diluted) | 722 | 712 | 705 | 709 | 726 | 749 |
Shares Change | 1.96% | 0.92% | -0.55% | -2.29% | -3.12% | 0.90% |
EPS (Basic) | -1.25 | -3.70 | 1.57 | 0.82 | 6.32 | 8.44 |
EPS (Diluted) | -1.26 | -3.70 | 1.57 | 0.82 | 6.28 | 8.38 |
EPS Growth | - | - | 91.52% | -86.96% | -25.06% | 410.98% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Free Cash Flow | 2,052 | -1,604 | -229 | 2,504 | 5,227 | 4,593 |
Free Cash Flow Per Share | 2.84 | -2.25 | -0.33 | 3.53 | 7.20 | 6.13 |
Dividend Per Share | 1.400 | 2.100 | 2.800 | 2.800 | 2.800 | 2.800 |
Dividend Growth | -42.86% | -25.00% | 0% | 0% | 0% | 0% |
Gross Margin | 11.01% | 6.23% | 10.90% | 11.33% | 15.05% | 19.48% |
Operating Margin | 4.29% | -0.15% | 5.22% | 4.47% | 10.62% | 14.83% |
Profit Margin | -2.12% | -6.59% | 2.57% | 1.29% | 8.01% | 11.42% |
Free Cash Flow Margin | 4.81% | -4.01% | -0.53% | 5.61% | 9.19% | 8.36% |
EBITDA | 4,515 | 2,703 | 5,071 | 4,538 | 8,718 | 10,904 |
EBITDA Margin | 10.60% | 6.76% | 11.80% | 10.17% | 15.32% | 19.84% |
D&A For EBITDA | 2,687 | 2,764 | 2,827 | 2,541 | 2,678 | 2,752 |
EBIT | 1,828 | -61 | 2,244 | 1,997 | 6,040 | 8,152 |
EBIT Margin | 4.29% | -0.15% | 5.22% | 4.47% | 10.62% | 14.83% |
Effective Tax Rate | - | - | 24.94% | - | 23.81% | 21.36% |