Dow DOW Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 6.4%0.0pp | 6.3%-0.8pp | 7.1%-0.7pp | 7.8%-1.6pp | 9.4%-1.3pp | |
| Net margin | -6.8%-0.7pp | -6.1%-3.6pp | -2.6%-0.4pp | -2.1%-3.0pp | 0.9%-1.9pp | |
| EBITDA margin | 3%0.0pp | 3%-4.3pp | 7.3%-0.5pp | 7.8%-2.7pp | 10.5%-1.8pp | |
| Returns | ||||||
| Return on equity | -16.7%-2.0pp | -14.7%-8.8pp | -5.8%-0.8pp | -5%-7.2pp | 2.1%-4.5pp | |
| Return on assets | -4.6%-0.3pp | -4.2%-2.5pp | -1.7%-0.2pp | -1.5%-2.2pp | 0.7%-1.4pp | |
| Return on invested capital | -7.1%-2.2pp | -5%-5.3pp | 0.4%-0.7pp | 1.1%-2.2pp | 3.3%-2.2pp | |
| Efficiency | ||||||
| Asset turnover | 0.7×0.0× | 0.7×0.0× | 0.7×0.0× | 0.7×0.0× | 0.7×0.0× | |
| Inventory turnover | 5.1×-0.3× | 5.4×0.0× | 5.4×-0.2× | 5.5×0.0× | 5.5×-0.3× | |
| Liquidity | ||||||
| Current ratio | 1.8×-0.1× | 2×0.0× | 1.9×+0.3× | 1.7×+0.1× | 1.5×-0.1× | |
| Quick ratio | 1.2×0.0× | 1.2×0.0× | 1.2×+0.2× | 1×+0.2× | 0.9×-0.1× | |
| Cash ratio | 0.4×0.0× | 0.4×0.0× | 0.5×+0.2× | 0.2×+0.1× | 0.1×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 1.2×0.0× | 1.3×+0.2× | 1.1×+0.1× | 1×+0.9× | 0.1×-1.0× | |
| Debt-to-assets | 0.3×0.0× | 0.4×0.0× | 0.3×0.0× | 0.3×+0.3× | 0×-0.3× | |
| Net debt / EBITDA | 12.4×-1.6× | 13.9×+9.1× | 4.8×+0.2× | 4.6×+4.6× | -0×-3.1× | |
| Interest coverage | -1.9×0.0× | -1.9×-2.0× | 0.1×-0.3× | 0.4×-1.5× | 1.9×-1.0× | |
| Valuation | ||||||
| Market capitalization | $29.97B+80.4% | $16.62B+2.2% | $16.25B-16.5% | $19.46B-21.0% | $24.65B-12.3% | |
| Enterprise value | $44.57B+34.4% | $33.17B+8.0% | $30.71B-11.4% | $34.65B+41.0% | $24.58B-44.7% | |
| Price / sales | 0.8×+0.3× | 0.4×0.0× | 0.4×-0.1× | 0.5×-0.1× | 0.6×-0.1× | |
| Price / book | 2×+0.9× | 1×+0.1× | 0.9×-0.2× | 1.1×-0.3× | 1.5×-0.2× | |
| EV / EBITDA | 37.8×+9.9× | 27.9×+17.7× | 10.3×-0.3× | 10.6×+5.1× | 5.5×-2.9× | |
| EV / sales | 1.1×+0.3× | 0.8×+0.1× | 0.8×-0.1× | 0.8×+0.3× | 0.6×-0.5× | |
| Earnings yield | -8.9%+5.8pp | -14.7%-8.3pp | -6.4%-1.8pp | -4.6%-6.1pp | 1.5%-2.7pp | |
| Dividend yield | 4.2%-4.8pp | 9%-1.7pp | 10.6%+0.5pp | 10.1%+2.2pp | 8%+1.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Dow's ratios come from?
- Every ratio is computed from Dow's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
