Dow DOW Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 30.7%-13.1pp | 43.8%-2.8pp | 46.6%-24.5pp | 71.1%+1.9pp | |
| Net margin | -9.9%-21.3pp | 11.4%-2.3pp | 13.8%-27.3pp | 41.1%+4.3pp | |
| EBITDA margin | 28.7%— | —— | —— | 76.3%-4.2pp | |
| Returns | |||||
| Return on equity | -23.4%-49.6pp | 26.2%-9.1pp | 35.3%-104pp | 138.9%+12.4pp | |
| Return on assets | -6.8%-15.3pp | 8.4%-2.9pp | 11.3%-27.9pp | 39.2%— | |
| Return on invested capital | -0.3%— | —— | —— | 83%— | |
| Efficiency | |||||
| Asset turnover | 2.8×-0.1× | 3×-0.3× | 3.2×-0.6× | 3.8×— | |
| Inventory turnover | 21.8×-0.8× | 22.6×-0.2× | 22.7×-2.1× | 24.8×— | |
| Liquidity | |||||
| Current ratio | 7.1×+0.3× | 6.8×-0.5× | 7.3×+0.6× | 6.7×+0.2× | |
| Quick ratio | 4.3×+0.2× | 4.2×-0.5× | 4.7×+0.6× | 4.1×-0.1× | |
| Cash ratio | 1.3×+0.1× | 1.2×-0.1× | 1.2×+0.3× | 1×-0.1× | |
| Leverage | |||||
| Debt-to-equity | 3.5×-0.5× | 3.9×+0.6× | 3.4×-0.1× | 3.5×-1.0× | |
| Debt-to-assets | 1×-0.2× | 1.2×+0.1× | 1.1×0.0× | 1.1×-0.1× | |
| Net debt / EBITDA | 23.4×— | —— | —— | 4.9×-1.3× | |
| Interest coverage | 0.6×— | —— | —— | 49.7×+13.5× | |
| Valuation | |||||
| Market capitalization | $76.98B-46.8% | $144.73B-4.2% | $151.14B+0.8% | $150B-16.2% | |
| Enterprise value | $123.1B-39.5% | $203.64B-0.5% | $204.77B+0.1% | $204.66B-13.6% | |
| Price / sales | 1.9×-1.5× | 3.4×+0.2× | 3.1×+0.6× | 2.6×-1.2× | |
| Price / book | 4.6×-3.4× | 8×+0.2× | 7.7×-0.1× | 7.8×-3.5× | |
| EV / EBITDA | 54.2×— | —— | —— | 18.4×-7.3× | |
| EV / sales | 3×-1.7× | 4.7×+0.5× | 4.3×+0.8× | 3.5×-1.5× | |
| Earnings yield | -24.2%-38.1pp | 13.9%-4.2pp | 18%-46.9pp | 65%+23.0pp | |
| Dividend yield | 37.7%+15.5pp | 22.2%+1.2pp | 21%-1.2pp | 22.1%-3.4pp |
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.
