DOWNYSEPlastic Materials, Synth Resins & Nonvulcan ElastomersFiscal year ends December 31
DOW INC.
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 24, 2026
$30.08+0.15 (+0.50%)
Close on Oct 19, 2026
- Market cap
- $21.69B
- P/E (TTM)
- –
- Dividend yield
- 2.33%
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
6.3%−7.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -7.0% | -11.1% | +0.7% | – | |
| Gross profit | -45.0% | -33.4% | -13.4% | – | |
| Dividend per share | 0.0% | 0.0% | 0.0% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | – | 1.72 | 1.97 | |
| Debt to equity | – | 1.38 | 1.13 | |
| Inventory turnover | – | 5.6× | 5.7× | |
| Capex to revenue | – | 3.2% | 6.2% | |
| Diluted shares | – | 742M | 712M |
Where the cash went
Fiscal 2021 to 2025, five years combined
DOW generated $23.63B from operations and spent $25.05B on capital expenditure, dividends and share buybacks. 44% of that went back into the business.
Generated
$23.63B
Used
$25.05B
Capital expenditure$11.10B44%Dividends$9.51B38%Share buybacks$4.44B18%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$1.03B
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$1.03B vs –
- Less leverageLong-term debt to assets fell27.4% → 30.5%
- Better liquidityCurrent ratio rose1.61 → 1.97
- No dilutionShare count did not rise705M → 712M
- Gross margin improvedGross margin up on the prior year10.72% → 6.34%
- More efficientAsset turnover rose0.74 → 0.70