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Dow DOW Gross margin

Gross margin at other companies

LyondellBasell Industries N.V. logo
LyondellBasell Industries N.V.LYB
9.2%-3.3pp
DuPont de Nemours, Inc. logo
DuPont de Nemours, Inc.DD
35%+1.4pp
PPG Industries logo
PPG IndustriesPPG
41.4%0.0pp
Nordson logo
NordsonNDSN
55.1%+0.3pp
International Paper logo
International PaperIP
28%+2.5pp
Sherwin-Williams logo
Sherwin-WilliamsSHW
49%+0.3pp

Other financials

Income statement

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Revenue$9.8B-6.1%
Gross profit$640.0M-4.6%
Net income-$533.0M-73.6%

Balance sheet

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Cash & equivalents$4.2B+172%
Total debt$18.8B+1,167%
Total equity$15.2B-9.2%
Total assets$59.8B+4.0%

Cash flow

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Operating cash flow$1.1B+1,135%
CapEx$503.0M-26.6%
Free cash flow$621.0M+205%

Valuation

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Market cap$23.42B+21.6%
Enterprise value$38.03B+81.4%
P/S0.6×+0.1×

Profitability

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Net margin-6.8%-7.7pp

Returns & leverage

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Return on equity-16.7%-18.8pp
Debt / equity1.2×+1.1×
Current ratio1.8×+0.3×

Where this comes from

Calculated from Dow’s reported figures.

Based on trailing twelve months.

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

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Questions, answered.

What is Dow's gross margin?
Dow (DOW) reported gross margin of 6.4% in Q1 2026.
How has Dow's gross margin changed year-over-year?
Dow's gross margin decreased by 32.2% year-over-year, from 9.4% to 6.4%.
What is the long-term trend for Dow's gross margin?
Over 4 years (2021 to 2025), Dow's gross margin has grown at a -18.4% compound annual growth rate (CAGR), from 69.2% to 30.7%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.