Dow Inc.
DOW- Exchange
- NYSE
- Industry
- Plastic Materials, Synth Resins & Nonvulcan Elastomers
- SEC CIK
- 0001751788
No open-market purchases or sales by Dow Inc. insiders were filed in the last 90 days; 1,212 institutions reported holding it in 13F filings for Q2 2026, worth $15.4B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 24, 2026, 1:07 AM ET
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 29, 2026 | Jan 30, 2025 | Jan 25, 2024 | Jan 26, 2023 | Jan 27, 2022 |
| Revenue | $40.0B | $43.0B | $44.6B | $56.9B | $55.0B |
| Cost of revenue | $37.4B | $38.4B | $39.7B | $48.3B | $44.2B |
| Research and development | $752.0M | $810.0M | $829.0M | $851.0M | $857.0M |
| Selling, general and administrative | $1.39B | $1.58B | $1.63B | $1.68B | $1.65B |
| Interest expense | $865.0M | $811.0M | $746.0M | $662.0M | $731.0M |
| Income tax | -$67.0M | $399.0M | -$4.00M | $1.45B | $1.74B |
| Net income | -$2.44B | $1.20B | $660.0M | $4.64B | $6.41B |
| EPS, basic | $-3.70 | $1.57 | $0.82 | $6.32 | $8.44 |
| EPS, diluted | $-3.70 | $1.57 | $0.82 | $6.28 | $8.38 |
| Weighted shares, basic | 711.6M | 703.8M | 705.7M | 721.0M | 743.6M |
| Weighted shares, diluted | 711.6M | 705.1M | 709.0M | 725.6M | 749.0M |
| Margins and growth | |||||
| Net margin | -6.1% | 2.8% | 1.5% | 8.2% | 11.7% |
| Revenue growth, year over year | −7.0% | −3.7% | −21.6% | +3.5% | +42.6% |
| Net income growth, year over year | −303.5% | +82.0% | −85.8% | −27.6% | +395.0% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 29, 2026 | Jan 30, 2025 | Jan 25, 2024 | Jan 26, 2023 | Jan 27, 2022 |
| Cash and equivalents | $3.82B | $2.19B | $2.99B | $3.89B | $2.99B |
| Accounts receivable | $4.76B | $4.76B | $4.72B | $5.61B | $6.84B |
| Inventory | $6.59B | $6.54B | $6.08B | $6.99B | $7.37B |
| Total current assets | $18.1B | $16.6B | $17.6B | $20.5B | $20.8B |
| Property, plant and equipment | $22.3B | $22.0B | $21.1B | $20.4B | $20.6B |
| Goodwill | $7.98B | $8.56B | $8.64B | $8.64B | $8.76B |
| Intangible assets | $1.49B | $1.72B | $2.07B | $2.44B | $2.88B |
| Total assets | $58.5B | $57.3B | $58.0B | $60.6B | $63.0B |
| Short-term debt | – | – | $62.0M | $362.0M | – |
| Total current liabilities | $9.18B | $10.3B | $9.96B | $11.3B | $13.2B |
| Long-term debt | – | – | – | $15.1B | $14.5B |
| Shareholders' equity | $17.5B | $17.9B | $19.1B | $21.2B | $18.7B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 29, 2026 | Jan 30, 2025 | Jan 25, 2024 | Jan 26, 2023 | Jan 27, 2022 |
| Operating cash flow | $1.03B | $2.91B | $5.20B | $7.47B | $7.01B |
| Capital expenditures | $2.48B | $2.94B | $2.36B | $1.82B | $1.50B |
| Free cash flow | -$1.45B | -$26.0M | $2.84B | $5.65B | $5.51B |
| Depreciation and amortization | $2.83B | $2.89B | $2.61B | $2.76B | $2.84B |
| Stock-based compensation | $154.0M | $159.0M | $212.0M | $211.0M | $276.0M |
| Dividends paid | $1.49B | $1.97B | $1.97B | $2.01B | $2.07B |
| Share buybacks | $0 | $494.0M | $625.0M | $2.33B | $1.00B |
| Investing cash flow | -$2.13B | -$2.37B | -$2.93B | -$2.97B | -$2.91B |
| Financing cash flow | $2.51B | -$1.17B | -$3.12B | -$3.36B | -$6.07B |
| Net change in cash | $1.69B | -$785.0M | -$892.0M | $907.0M | -$2.08B |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.4% | 0.4% | 0.5% | 0.4% | 0.5% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Sep 30, 2026 | 723.9M | +1.8% | SEC |
| Mar 31, 2026 | 720.7M | +2.0% | SEC |
| Jan 15, 2026 | 717.5M | +1.9% | SEC |
| Sep 30, 2025 | 710.8M | +1.5% | SEC |
| Jun 30, 2025 | 708.8M | +1.1% | SEC |
| Mar 31, 2025 | 706.9M | +0.5% | SEC |
| Jan 15, 2025 | 703.8M | +0.2% | SEC |
| Sep 30, 2024 | 700.1M | −0.2% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.