Dow Inc. logo DOW - Dow Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 11
HOLD 19
SELL 5
STRONG
SELL 0
| PRICE TARGET: $39.55 DETAILS
HIGH: $51.00
LOW: $27.00
MEDIAN: $39.00
CONSENSUS: $39.55
UPSIDE: 9.83%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue 39,968 42,964 44,622 56,902 54,968 38,542 42,951 60,278 43,730 48,158 37,101
Cost of Revenue 37,573 38,509 39,650 49,045 44,580 33,730 36,995 41,444 44,236 38,212 29,655
Gross Profit 2,395 4,455 4,972 7,857 10,388 4,812 5,956 8,160 11,272 9,946 7,446
Operating Expenses
R&D Expenses 751 810 829 851 857 768 765 1,536 803 1,593 730
SG&A Expenses 1,384 1,581 1,627 1,675 1,645 1,471 1,590 1,782 2,920 2,953 1,794
Other Expenses 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 2,135 2,391 2,456 2,526 2,502 2,239 2,355 2,582 4,568 4,546 1,537
Operating Income
Operating Income 260 2,064 2,516 5,331 7,886 2,573 3,601 5,578 6,704 5,400 4,699
Interest Expense 865 758 736 651 689 878 947 1,060 976 858 0
Interest Income 152 200 229 173 55 38 81 82 0 0 894
Profitability
EBITDA 1,188 5,252 4,003 9,499 11,676 5,538 2,371 7,545 4,399 5,815 4,922
EBIT (1,646) 2,358 1,392 6,741 8,834 2,949 (300) 4,809 3,775 5,271 4,699
Income Before Tax (2,511) 1,600 656 6,090 8,145 2,071 (1,247) 5,918 237 4,413 8,089
Income Tax Expense (67) 399 (4) 1,450 1,740 777 470 1,285 1,524 9 1,591
Net Income (2,623) 1,116 589 4,582 6,311 1,225 (1,365) 4,499 465 4,318 6,087
Per Share Data
EPS (Basic) -3.69 1.57 0.82 6.32 8.44 1.64 -2.31 6.02 0.62 5.30 8.12
EPS (Diluted) -3.69 1.57 0.82 6.28 8.38 1.64 -2.31 6.00 0.62 5.30 8.12
Shares Outstanding 711.6 703.8 705.7 721 743.6 740.5 742.5 747.2 742.7 750 750
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017
Current Assets
Cash & Cash Equivalents 3,816 2,189 2,987 3,886 2,988 5,104 2,367 2,724 6,188
Short-Term Investments 0 383 0 0 0 0 0 100 4
Net Receivables 6,638 6,864 6,614 7,755 9,554 7,390 7,555 9,035 12,049
Inventory 6,595 6,544 6,076 6,988 7,372 5,701 6,214 9,260 8,376
Other Current Assets 1,013 610 1,937 1,848 934 889 679 20,612 627
Total Current Assets 18,062 16,590 17,614 20,477 20,848 19,084 16,815 25,263 27,244
Non-Current Assets
Property, Plant & Equipment 23,606 23,272 22,386 21,669 21,967 22,095 23,068 23,662 23,812
Goodwill 7,978 8,565 8,641 8,644 8,764 8,908 8,796 13,848 13,938
Intangible Assets 1,486 1,721 2,072 2,442 2,881 3,352 3,759 4,913 5,549
Long-Term Investments 3,017 4,679 4,007 4,382 5,238 4,102 3,992 5,966 6,252
Other Non-Current Assets 2,878 1,228 1,761 2,029 1,934 1,714 1,881 1,095 1,423
Total Non-Current Assets 40,476 40,722 40,353 40,126 42,142 42,386 43,709 52,115 52,696
Total Assets 58,538 57,312 57,967 60,603 62,990 61,470 60,524 77,378 79,940
Current Liabilities
Account Payables 4,151 4,847 4,529 4,940 5,577 3,763 3,889 4,456 5,360
Short-Term Debt 312 632 179 724 392 616 1,021 636 1,236
Deferred Revenue 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0 0 0 4,488 0
Total Current Liabilities 9,183 10,288 9,957 11,331 13,226 11,108 10,679 13,755 14,377
Non-Current Liabilities
Long-Term Debt 16,723 14,772 14,034 13,908 13,411 15,973 15,975 19,253 19,765
Deferred Tax Liabilities 364 392 399 1,110 506 405 347 664 764
Other Non-Current Liabilities 12,523 12,086 12,564 11,220 15,090 18,940 17,690 14,777 18,025
Total Non-Current Liabilities 31,833 29,173 28,902 28,025 31,025 37,357 35,751 35,654 38,554
Total Liabilities 41,016 39,461 38,859 39,356 44,251 48,465 46,430 49,409 52,931
Stockholders' Equity
Common Stock 8 8 8 8 8 8 8 0 0
Retained Earnings 16,781 20,909 21,774 23,180 20,623 16,361 17,045 29,808 28,050
Accumulated Other Comprehensive Income (7,660) (8,110) (7,681) (7,139) (8,977) (10,855) (10,246) (9,885) (8,591)
Total Stockholders' Equity 16,008 17,355 18,607 20,718 18,165 12,435 13,541 26,831 25,823
Total Liabilities & Equity 58,538 57,312 57,967 60,603 62,990 61,470 60,524 77,378 79,940
Debt Metrics
Total Debt 19,598 17,645 16,447 16,706 16,135 19,044 19,156 19,899 21,001
Net Debt 15,782 15,456 13,460 12,820 13,147 13,940 16,789 17,165 14,813
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income (2,623) 1,201 660 4,640 6,405 1,294 (1,272) 4,633 595 4,404
Depreciation & Amortization 2,834 2,894 2,611 2,758 2,842 2,874 2,938 3,329 2,546 2,862
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (1,198) (1,621) 1,068 (786) (1,447) 1,192 387 (3,246) (11,499) (8,377)
Other Non-Cash Items 2,360 305 2,079 784 (1,069) 608 4,105 (1,343) 2,016 (587)
Operating Cash Flow 1,032 2,914 5,196 7,475 7,009 6,226 5,930 4,254 (4,929) (2,957)
Investing Activities
Capital Expenditure (2,479) (3,065) (2,477) (2,058) (2,324) (1,387) (1,970) (2,137) (2,994) (3,991)
Acquisitions 3,227 (28) 58 (137) 0 (333) (638) (18) (749) 72
Purchases of Investments (1,070) (2,012) (2,503) (1,556) (1,458) (1,208) (975) (1,644) (763) (690)
Sales/Maturities of Investments 1,147 2,536 1,958 747 759 1,122 1,252 1,216 1,165 733
Other Investing Activities (8) (2,739) (2,320) (1,789) (1,392) (287) (1,822) (1,701) 8,052 5,164
Investing Cash Flow 817 (2,368) (2,928) (2,970) (2,914) (841) (2,192) (2,195) 7,518 5,092
Financing Activities
Net Debt Issuance 1,176 1,265 (591) 900 (2,696) (412) (2,967) (1,233) (349) (589)
Stock Repurchased 0 (494) (625) (2,325) (1,000) (125) (500) 0 0 (916)
Dividends Paid (1,490) (1,966) (1,972) (2,006) (2,073) (2,071) (2,085) (3,711) (3,235) (2,462)
Other Financing Activities (206) (139) (115) (142) (622) (264) 1,364 (572) (230) (445)
Financing Cash Flow (435) (1,168) (3,115) (3,361) (6,071) (2,764) (4,095) (5,404) (3,325) (4,014)
Cash Position
Net Change in Cash 1,689 (785) (892) 907 (2,075) 2,728 (384) 2,764 0 0
Cash at Beginning 2,263 3,048 3,940 3,033 5,108 2,380 2,764 0 0 0
Cash at End 3,952 2,263 3,048 3,940 3,033 5,108 2,380 2,764 0 0
Free Cash Flow (1,447) (151) 2,719 5,417 4,685 4,839 3,960 2,117 (7,923) (6,948)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Income Statement
Revenue 39,968 42,964 44,622 56,902 54,968 38,542 42,951 60,278 43,730 48,158 37,101
Gross Profit 2,395 4,455 4,972 7,857 10,388 4,812 5,956 8,160 11,272 9,946 7,446
Operating Income 260 2,064 2,516 5,331 7,886 2,573 3,601 5,578 6,704 5,400 4,699
Net Income (2,623) 1,116 589 4,582 6,311 1,225 (1,365) 4,499 465 4,318 6,087
EPS (Diluted) -3.69 1.57 0.82 6.28 8.38 1.64 -2.31 6.00 0.62 5.30 8.12
Balance Sheet
Cash & Equivalents 3,816 2,189 2,987 3,886 2,988 5,104 2,367 2,724 6,188
Total Assets 58,538 57,312 57,967 60,603 62,990 61,470 60,524 77,378 79,940
Total Debt 19,598 17,645 16,447 16,706 16,135 19,044 19,156 19,899 21,001
Stockholders' Equity 16,008 17,355 18,607 20,718 18,165 12,435 13,541 26,831 25,823
Cash Flow
Operating Cash Flow 1,032 2,914 5,196 7,475 7,009 6,226 5,930 4,254 (4,929) (2,957)
Capital Expenditure (2,479) (3,065) (2,477) (2,058) (2,324) (1,387) (1,970) (2,137) (2,994) (3,991)
Free Cash Flow (1,447) (151) 2,719 5,417 4,685 4,839 3,960 2,117 (7,923) (6,948)