Dow Inc. (DOW) stock
DOWNYSEPlastic Materials, Synth Resins & Nonvulcan ElastomersFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 23, 2026Score 8/3012% below fair value
$33.04−0.11 (-0.33%)
Close on Nov 13, 2026Market cap $23.92BP/E –Yield 2.12%
Dow gross margin
Gross margin is gross profit as a percentage of revenue.
Dow's gross margin for the twelve months ending Sep 30, 2026 was 11.1%. For fiscal 2025 it was 6.3%, against 10.7% the year before. The highest annual figure on record is 19.6% in fiscal 2021.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 6.3% | −4.4 |
| FY2024 | Dec 31, 2024 | 10.7% | −0.2 |
| FY2023 | Dec 31, 2023 | 10.9% | −4.1 |
| FY2022 | Dec 31, 2022 | 15.1% | −4.6 |
| FY2021 | Dec 31, 2021 | 19.6% | +6.1 |
| FY2020 | Dec 31, 2020 | 13.5% | −1.2 |
| FY2019 | Dec 31, 2019 | 14.7% | −2.5 |
| FY2018 | Dec 31, 2018 | 17.2% | +0.3 |
| FY2017 | Dec 31, 2017 | 16.9% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 12.2% | +4.9 |
| Q2 FY2026 | Jun 30, 2026 | 17.9% | +12.2 |
| Q1 FY2026 | Mar 31, 2026 | 6.5% | +0.1 |
| Q4 FY2025 | Dec 31, 2025 | 5.8% | −3.2 |
| Q3 FY2025 | Sep 30, 2025 | 7.3% | −2.5 |
| Q2 FY2025 | Jun 30, 2025 | 5.8% | −6.4 |
| Q1 FY2025 | Mar 31, 2025 | 6.4% | −5.4 |
| Q4 FY2024 | Dec 31, 2024 | 9.0% | −0.2 |
| Q3 FY2024 | Sep 30, 2024 | 9.8% | −0.8 |
| Q2 FY2024 | Jun 30, 2024 | 12.1% | −1.4 |
| Q1 FY2024 | Mar 31, 2024 | 11.9% | +1.6 |
| Q4 FY2023 | Dec 31, 2023 | 9.2% | −1.0 |
| Q3 FY2023 | Sep 30, 2023 | 10.6% | −1.7 |
| Q2 FY2023 | Jun 30, 2023 | 13.5% | −4.1 |
| Q1 FY2023 | Mar 31, 2023 | 10.3% | −8.4 |
| Q4 FY2022 | Dec 31, 2022 | 10.1% | −7.9 |
| Q3 FY2022 | Sep 30, 2022 | 12.3% | −9.5 |
| Q2 FY2022 | Jun 30, 2022 | 17.7% | −5.0 |
| Q1 FY2022 | Mar 31, 2022 | 18.8% | +3.4 |
| Q4 FY2021 | Dec 31, 2021 | 18.0% | +3.3 |
| Q3 FY2021 | Sep 30, 2021 | 21.7% | +7.9 |
| Q2 FY2021 | Jun 30, 2021 | 22.7% | +13.7 |
| Q1 FY2021 | Mar 31, 2021 | 15.3% | −0.4 |
| Q4 FY2020 | Dec 31, 2020 | 14.7% | +0.1 |
| Q3 FY2020 | Sep 30, 2020 | 13.8% | +0.9 |
| Q2 FY2020 | Jun 30, 2020 | 8.9% | −5.6 |
| Q1 FY2020 | Mar 31, 2020 | 15.8% | −0.9 |
| Q4 FY2019 | Dec 31, 2019 | 14.6% | −0.9 |
| Q3 FY2019 | Sep 30, 2019 | 12.9% | −4.4 |
| Q2 FY2019 | Jun 30, 2019 | 14.5% | −3.1 |
| Q1 FY2019 | Mar 31, 2019 | 16.7% | −1.8 |
| Q4 FY2018 | Dec 31, 2018 | 15.5% | – |
| Q3 FY2018 | Sep 30, 2018 | 17.2% | – |
| Q2 FY2018 | Jun 30, 2018 | 17.6% | – |
| Q1 FY2018 | Mar 31, 2018 | 18.4% | – |
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