Dow (DOW) reported D&A of $664M in Q2 2026.

How has Dow's D&A changed year-over-year?

Dow's D&A decreased by 8.3% year-over-year, from $724M to $664M.

What is the long-term trend for Dow's D&A?

Over 4 years (2021 to 2025), Dow's D&A has grown at a -0.1% compound annual growth rate (CAGR), from $2.84B to $2.83B.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

Dow DOW D&A

D&A at other companies

StepanSCL

$32.95M+12.6%

Eastman ChemicalEMN

$131M+4.0%

WestlakeWLK

$284M+0.4%

Celanese CorporationCE

$208M+8.9%

HuntsmanHUN

$73M+5.8%

Future FuelFF

$2.56M+9.8%

Segments

By segment

See full

Packaging & Specialty Plastics$361M-2.2%

Performance Materials & Coatings$158M-17.7%

Industrial Intermediates & Infrastructure$137M-10.5%

Corporate Segment$36M+50.0%

Other financials

Income statement

See full

Revenue$12.1B+19.7%

Gross profit$2.2B+272%

Net income$721.0M+186%

EPS (diluted)-$0.93-336%

Balance sheet

See full

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

See full

Operating cash flow$1.3B+383%

CapEx$632.0M-4.5%

Free cash flow$699.0M+162%

Valuation

See full

Market cap$20.84B+29.7%

Enterprise value$35.41B+13.7%

P/S0.5×+0.1×

Profitability

See full

Gross margin9.9%+2.1pp

Net margin-2.7%+0.9pp

FCF margin5.7%-2.6pp

Returns & leverage

See full

Return on equity-6.7%+3.4pp

Debt / equity1.2×+0.1×

Current ratio1.7×+0.1×

Where this comes from

Reported directly by Dow in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: Dow’s 10-Q, filed July 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dow's D&A?: Dow (DOW) reported D&A of $664M in Q2 2026.
How has Dow's D&A changed year-over-year?: Dow's D&A decreased by 8.3% year-over-year, from $724M to $664M.
What is the long-term trend for Dow's D&A?: Over 4 years (2021 to 2025), Dow's D&A has grown at a -0.1% compound annual growth rate (CAGR), from $2.84B to $2.83B.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.