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Dow DOW Debt-to-equity

Debt-to-equity at other companies

Stepan logo
StepanSCL
0.5×-0.1×
Eastman Chemical logo
Eastman ChemicalEMN
0.9×0.0×
Westlake logo
WestlakeWLK
0.7×+0.2×
Celanese Corporation logo
Celanese CorporationCE
3.6×+1.1×
Huntsman logo
HuntsmanHUN
0.9×+0.1×
Future Fuel logo
Future FuelFF

Other financials

Income statement

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Revenue$12.1B+19.7%
Gross profit$2.2B+272%
Net income$721.0M+186%
EPS (diluted)-$0.93-336%

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

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Market cap$21.88B+43.0%
Enterprise value$36.45B+19.5%
P/S0.5×+0.2×

Profitability

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Gross margin9.9%+2.1pp
Net margin-2.7%+0.9pp
FCF margin5.7%-2.6pp

Returns & leverage

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Return on equity-6.7%+3.4pp
Current ratio1.7×+0.1×

Where this comes from

Calculated from Dow’s reported figures.

Based on the most recent quarter.

The source filing: Dow’s 10-Q, filed July 24, 2026. Open the filing →

Filed
Jul 24, 2026, 7:41 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001751788-26-000147

FAQ

What is Dow's debt-to-equity?
Dow (DOW) reported debt-to-equity of 1.2× in Q2 2026.
How has Dow's debt-to-equity changed year-over-year?
Dow's debt-to-equity increased by 14.6% year-over-year, from 1× to 1.2×.
What is the long-term trend for Dow's debt-to-equity?
Over 5 years (2020 to 2025), Dow's debt-to-equity has grown at a -4.2% compound annual growth rate (CAGR), from 1.6× to 1.3×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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