DOW

MKT CAP:$28B

Dow Inc.

Market Cap

$28B

Basic Materials·Chemicals·🇺🇸 United States·NYSE

Materials·Chemicals·🇺🇸·NYSE

Stock Price

$38.59+$14.32 (+58.98%)

Apr 24, 2026

Company Details

Dow Inc. provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. It operates ...

CEO

James R. Fitterling

IPO Date

Mar 20, 2019

Website

www.dow.com

Key Metrics TTM

Revenue

$9.8B

— YoY

Net Income

-$445M

EPS (Diluted)

-$0.74

Free Cash Flow

$563M

Revenue / Share

$13.58

Gross Margin

6.5%

Operating Margin

-0.3%

Net Margin

-4.5%

FCF Margin

5.7%

P/S

2.8x

P/E

—

Earnings Reports

Q1 2026

Apr 23, 2026

NEW

$9.8BEPS -$0.74

FY 2025

Feb 3, 2026

$40.0BEPS -$3.69

Q3 2025

Oct 24, 2025

$10.0BEPS $0.08

Q4 2019

Feb 7, 2020

$10.2BEPS -$3.14

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 19	$10.2B	$1.4B	$882M
Q3 25	$10.0B	$689M	$159M
Q1 26	$9.8B	$640M	-$31M

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 19	$1.9B	$1.4B
Q3 25	$1.1B	$563M

Capital Expenditures

Quarter	CapEx
Q4 19	$577M
Q3 25	$564M

CapEx

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 19	$0	0.0%
Q3 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q4 19	$173M	$332M
Q3 25	$191M	$339M
Q1 26	$181M	$417M

Revenue Segments

Quarter	Industrial Intermediates & Infrastructure	Packaging & Specialty Plastics	Performance Materials & Coatings
Q3 25	$2.8B	$4.9B	$2.1B

Revenue by Geography

Quarter	Asia Pacific	Europe, Middle East, Africa and India [Domain]	Latin America	U.S.& Canada
Q3 25	$1.8B	$3.1B	$1.1B	$3.9B

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$2.4B	$0	$2.4B
Q3 22	$2.2B	$0	$2.2B
Q4 22	$3.9B	$0	$3.9B
Q1 23	$3.3B	$0	$3.3B
Q2 23	$2.9B	$0	$2.9B
Q3 23	$3.1B	$0	$3.1B
Q4 23	$3.0B	$0	$3.0B
Q1 24	$3.7B	$0	$3.7B
Q2 24	$3.3B	$0	$3.3B
Q3 24	$2.9B	$0	$2.9B
Q4 24	$2.2B	$0	$2.2B
Q1 25	$1.5B	$0	$1.5B
Q2 25	$2.5B	$307M	$2.8B
Q3 25	$4.6B	$0	$4.6B
Q4 25	$3.8B	$0	$3.8B
Q1 26	$4.1B	$0	$4.1B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 19	740M	—	—
Q3 25	713M	-3.6%	—
Q1 26	721M	+1.1%	—

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 19	$279.6K	37K
Q3 25	$277.0K	36K
Q1 26	$283.1K	35K

Revenue / Employee