Dow DOW Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 27.6%-3.0pp | 30.7%-4.4pp | 35%-3.6pp | 38.7%-3.2pp | 41.8%-2.0pp | |
| Net margin | -17.6%-7.7pp | -9.9%-8.9pp | -1%-5.3pp | 4.2%-5.1pp | 9.3%-2.1pp | |
| Returns | ||||||
| Return on equity | -42.2%-18.8pp | -23.4%-21.3pp | -2.1%-12.0pp | 10%-11.6pp | 21.6%-4.6pp | |
| Return on invested capital | -10.7%-10.4pp | -0.3%-10.4pp | 10.2%— | —— | —— | |
| Efficiency | ||||||
| Asset turnover | 2.8×-0.1× | 2.8×-0.1× | 2.9×-0.1× | 2.9×0.0× | 2.9×0.0× | |
| Liquidity | ||||||
| Current ratio | 7.4×+0.3× | 7.1×+0.4× | 6.8×+0.3× | 6.5×-0.1× | 6.6×-0.3× | |
| Leverage | ||||||
| Debt-to-equity | 4.6×+1.1× | 3.5×+0.2× | 3.3×+0.1× | 3.1×+0.1× | 3.1×-0.9× | |
| Net debt / EBITDA | 35.8×+12.4× | 23.4×+10.9× | 12.5×— | —— | —— | |
| Valuation | ||||||
| Market capitalization | $82.3B+6.9% | $76.98B-13.0% | $88.45B-20.1% | $110.65B-13.9% | $128.56B-11.2% | |
| Price / sales | 2×+0.2× | 1.9×-0.2× | 2.1×-0.5× | 2.6×-0.4× | 3×-0.4× | |
| Price / book | 5.1×+0.5× | 4.6×-0.6× | 5.1×-1.2× | 6.3×-0.9× | 7.2×-0.7× | |
| EV / EBITDA | 86.5×+32.3× | 54.2×+19.5× | 34.7×— | —— | —— | |
| Dividend yield | 33.9%-3.8pp | 37.7%+2.0pp | 35.8%+5.5pp | 30.2%+4.9pp | 25.4%+3.2pp |
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.
