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Dow DOW Shares (Diluted)

Discontinued — last reported Q4 '25

Shares (Diluted) at other companies

Stepan logo
StepanSCL
22.9M+0.2%
Westlake logo
WestlakeWLK
128M-0.2%
Celanese Corporation logo
Celanese CorporationCE
110M+0.5%
DuPont de Nemours, Inc. logo
DuPont de Nemours, Inc.DD
412.8M-1.7%
Ashland logo
AshlandASH
46M0.0%
PureCycle Technologies, Inc. logo
PureCycle Technologies, Inc.PCT
180.5M+1.1%

Other financials

Income statement

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Revenue$12.1B+19.7%
Gross profit$2.2B+272%
Net income$721.0M+186%
EPS (diluted)-$0.93-336%

Balance sheet

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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

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Operating cash flow$1.3B+383%
CapEx$632.0M-4.5%
Free cash flow$699.0M+162%

Valuation

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Market cap$21.88B+43.0%
Enterprise value$36.45B+19.5%
P/S0.5×+0.2×

Profitability

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Gross margin9.9%+2.1pp
Net margin-2.7%+0.9pp
FCF margin5.7%-2.6pp

Returns & leverage

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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:WeightedAverageNumberOfDilutedSharesOutstanding.

The source filing: Dow’s 10-K, filed February 3, 2026.

Filed
Feb 3, 2026, 7:53 AM EST
Fiscal year
FY2025
Accession
0001751788-26-000018
(In millions, except per share amounts) For the years ended Dec 31,202520242023
Net income (loss)(2,444)1,201660
Net income attributable to noncontrolling interests1798571
Net income (loss) available for Dow Inc. common stockholders$(2,623)$1,116$589
Per common share data:
Earnings (loss) per common share - basic$(3.70)$1.57$0.82
Earnings (loss) per common share - diluted$(3.70)$1.57$0.82
Weighted-average common shares outstanding - basic711.6703.8705.7
Weighted-average common shares outstanding - diluted711.6705.1709.0

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Dow's shares (diluted)?
Dow (DOW) reported shares (diluted) of 711.6M in Q4 2025.
How has Dow's shares (diluted) changed year-over-year?
Dow's shares (diluted) increased by 0.9% year-over-year, from 705.1M to 711.6M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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