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Dow

DOW

Dow Inc. is a global materials science leader that provides high-performance chemical, plastic, and coating solutions.

Market cap
$21.91B+24.9%
Revenue$41.3B-1.2%
Net income-$1.1B-24.3%
Free cash flow-$96.0M-109%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 22, 2026 (in 2 months)
Revenue estimate$11.3B
EPS estimate$0.74

Financials

Q2 2026

Income statement

See full
Revenue$12.1B+19.7%
Gross profit$2.2B+272%
Net income$721.0M+186%

Balance sheet

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Cash & equivalents$4.1B+63.1%
Total debt$18.7B+5.5%
Total equity$15.9B-8.0%
Total assets$61.6B+4.4%

Cash flow

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Operating cash flow$1.3B+383%
CapEx$632.0M-4.5%
Free cash flow$699.0M+162%

Valuation & ratios

Valuation

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Market cap$21.91B+24.9%
Enterprise value$36.47B+11.5%
P/S0.5×+0.1×

Profitability

See full
Gross margin9.9%+2.1pp
Net margin-2.7%+0.9pp

Returns & leverage

See full
Return on equity-6.7%+3.4pp
Debt / equity1.2×+0.1×
Current ratio1.7×+0.1×

Segments

By segment

See full
Packaging & Specialty Plastics$6.4B+27.1%
Industrial Intermediates & Infrastructure$3.2B+13.6%
Performance Materials & Coatings$2.4B+10.9%
Corporate Segment$180.0M+9.8%

By geography

See full
U.S.Canada$4.8B
UNITED STATES$4.5B
Europe, Middle East, Africa and India$3.9B
Rest of World$3.7B

Competitors

Profile

Dow Inc. is a global materials science leader that provides high-performance chemical, plastic, and coating solutions. The company leverages integrated manufacturing and scale to serve high-growth end markets including packaging, infrastructure, mobility, and consumer applications. Its value proposition is centered on innovation and sustainability across a diverse portfolio of science-based products.

Competitive position

A global leader in materials science with significant asset integration and manufacturing scale across 30 countries.

GeographiesUnited States, Canada, Europe, Middle East, Africa, India, Asia Pacific, Latin America
Customer segmentsPackaging, Infrastructure, Mobility, Consumer Applications
Business modelManufacturing, B2B, R&D-driven
SuppliersHydrocarbon feedstocks, Energy suppliers, Raw material extractors
CustomersConsumer packaged goods companies, Automotive manufacturers, Construction contractors, Electronics assemblers
Listed2019
Employees35.9K
CEOKaren S. Carter
IndustryChemicals
Websitedow.com
FilingsSEC EDGAR

FAQ

What is Dow's market cap?
Dow (DOW) has a market capitalization of $21.9B and trades on NYSE.
What is Dow's revenue and profitability?
Dow generated $41.3B in trailing twelve-month revenue with a net loss of $1.1B, representing a net margin of -2.7%. Gross margin stands at 9.9%, with free cash flow of -$96.0M. These figures are based on the Q2 2026 filing.
Who are Dow's competitors?
Dow's key competitors include DuPont de Nemours, Inc., Future Fuel Corporation, LyondellBasell Industries N.V., and others. These companies compete in similar markets and product categories.
Who does Dow partner with?
Dow's notable partners include Macquarie Asset Management, Sadara Chemical Company.
What subsidiaries does Dow have?
Dow's subsidiaries include The Dow Chemical Company, Circulus Holdings, LLC, Union Carbide Corporation.
Where is Dow headquartered?
Dow is headquartered in United States of America and employs approximately 35,900 people. It has been publicly traded since 2019.