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DOW

NYSE: DOW · USD

DOW financials

6 charts

Revenue

USD millions

$12,092M
DOW Revenue. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
PeriodRevenue
FY 2019 Q1$13,582M; Change unavailable vs FY 2018 Q4
FY 2019 Q2$11,014M; −18.9% vs FY 2019 Q1
FY 2019 Q3$10,764M; −2.3% vs FY 2019 Q2
FY 2019 Q4$10,204M; −5.2% vs FY 2019 Q3
FY 2020 Q1$9,770M; −4.3% vs FY 2019 Q4
FY 2020 Q2$8,354M; −14.5% vs FY 2020 Q1
FY 2020 Q3$9,712M; +16.3% vs FY 2020 Q2
FY 2020 Q4$10,706M; +10.2% vs FY 2020 Q3
FY 2021 Q1$11,882M; +11.0% vs FY 2020 Q4
FY 2021 Q2$13,885M; +16.9% vs FY 2021 Q1
FY 2021 Q3$14,837M; +6.9% vs FY 2021 Q2
FY 2021 Q4$14,364M; −3.2% vs FY 2021 Q3
FY 2022 Q1$15,264M; +6.3% vs FY 2021 Q4
FY 2022 Q2$15,664M; +2.6% vs FY 2022 Q1
FY 2022 Q3$14,115M; −9.9% vs FY 2022 Q2
FY 2022 Q4Unavailable; Change unavailable vs FY 2022 Q3
FY 2023 Q1$11,851M; Change unavailable vs FY 2022 Q4
FY 2023 Q2$11,420M; −3.6% vs FY 2023 Q1
FY 2023 Q3$10,730M; −6.0% vs FY 2023 Q2
FY 2023 Q4$10,621M; −1.0% vs FY 2023 Q3
FY 2024 Q1$10,765M; +1.4% vs FY 2023 Q4
FY 2024 Q2$10,915M; +1.4% vs FY 2024 Q1
FY 2024 Q3$10,879M; −0.3% vs FY 2024 Q2
FY 2024 Q4$10,405M; −4.4% vs FY 2024 Q3
FY 2025 Q1$10,431M; +0.2% vs FY 2024 Q4
FY 2025 Q2$10,104M; −3.1% vs FY 2025 Q1
FY 2025 Q3$9,973M; −1.3% vs FY 2025 Q2
FY 2025 Q4$9,460M; −5.1% vs FY 2025 Q3
FY 2026 Q1$9,794M; +3.5% vs FY 2025 Q4
FY 2026 Q2$12,092M; +23.5% vs FY 2026 Q1
Mar 31, 2019 through Sep 25, 2026

Free cash flow

USD millions

—
DOW Free cash flow. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
PeriodFree cash flow
FY 2019 Q1$912M; Change unavailable vs FY 2018 Q4
FY 2019 Q2$360M; −60.5% vs FY 2019 Q1
FY 2019 Q3$1,252M; +247.8% vs FY 2019 Q2
FY 2019 Q4$1,373M; +9.7% vs FY 2019 Q3
FY 2020 Q1$844M; −38.5% vs FY 2019 Q4
FY 2020 Q2$1,317M; +56.0% vs FY 2020 Q1
FY 2020 Q3$1,480M; +12.4% vs FY 2020 Q2
FY 2020 Q4$1,333M; −9.9% vs FY 2020 Q3
FY 2021 Q1$-580M; −143.5% vs FY 2020 Q4
FY 2021 Q2Unavailable; Change unavailable vs FY 2021 Q1
FY 2021 Q3Unavailable; Change unavailable vs FY 2021 Q2
FY 2021 Q4Unavailable; Change unavailable vs FY 2021 Q3
FY 2022 Q1Unavailable; Change unavailable vs FY 2021 Q4
FY 2022 Q2Unavailable; Change unavailable vs FY 2022 Q1
FY 2022 Q3Unavailable; Change unavailable vs FY 2022 Q2
FY 2022 Q4Unavailable; Change unavailable vs FY 2022 Q3
FY 2023 Q1Unavailable; Change unavailable vs FY 2022 Q4
FY 2023 Q2Unavailable; Change unavailable vs FY 2023 Q1
FY 2023 Q3Unavailable; Change unavailable vs FY 2023 Q2
FY 2023 Q4Unavailable; Change unavailable vs FY 2023 Q3
FY 2024 Q1$-250M; Change unavailable vs FY 2023 Q4
FY 2024 Q2$113M; +145.2% vs FY 2024 Q1
FY 2024 Q3$64M; −43.4% vs FY 2024 Q2
FY 2024 Q4$47M; −26.6% vs FY 2024 Q3
FY 2025 Q1$-594M; −1363.8% vs FY 2024 Q4
FY 2025 Q2$-1,132M; −90.6% vs FY 2025 Q1
FY 2025 Q3$563M; +149.7% vs FY 2025 Q2
FY 2025 Q4$-284M; −150.4% vs FY 2025 Q3
FY 2026 Q1$621M; +318.7% vs FY 2025 Q4
FY 2026 Q2Unavailable; Change unavailable vs FY 2026 Q1

Net margin

%

5.96%
DOW Net margin. Reported fiscal history.
Fiscal period%
FY 2019 Q13.98%
FY 2019 Q20.68%
FY 2019 Q33.09%
FY 2019 Q4-22.64%
FY 2020 Q12.45%
FY 2020 Q2-2.69%
FY 2020 Q3-0.26%
FY 2020 Q411.71%
FY 2021 Q18.34%
FY 2021 Q213.69%
FY 2021 Q311.34%
FY 2021 Q4—
FY 2022 Q110.28%
FY 2022 Q210.6%
FY 2022 Q35.24%
FY 2022 Q4—
FY 2023 Q1-0.78%
FY 2023 Q24.25%
FY 2023 Q32.81%
FY 2023 Q4—
FY 2024 Q14.79%
FY 2024 Q24.02%
FY 2024 Q31.97%
FY 2024 Q4—
FY 2025 Q1-2.94%
FY 2025 Q2-8.26%
FY 2025 Q30.62%
FY 2025 Q4—
FY 2026 Q1-5.44%
FY 2026 Q25.96%

P/E

× · TTM · Daily

—
DOW P/E. Monthly closing observations; inspect daily values with the chart arrow keys.
Close date× · TTM · DailyFinancials through
2020-02-28—2019-12-31
2020-03-31—2019-12-31
2020-04-30—2019-12-31
2020-05-29—2019-12-31
2020-06-30—2019-12-31
2020-07-31—2020-06-30
2020-08-31—2020-06-30
2020-09-30—2020-06-30
2020-10-30—2020-09-30
2020-11-30—2020-09-30
2020-12-31—2020-09-30
2021-01-29—2020-09-30
2021-02-2636.27×2020-12-31
2021-03-3139.1×2020-12-31
2021-04-3023.76×2021-03-31
2021-05-2826.01×2021-03-31
2021-06-3024.06×2021-03-31
2021-07-3011.45×2021-06-30
2021-08-3111.58×2021-06-30
2021-09-3010.6×2021-06-30
2021-10-297.25×2021-09-30
2021-11-307.12×2021-09-30
2021-12-317.35×2021-09-30
2022-01-317.74×2021-09-30
2022-02-287.64×2021-09-30
2022-03-318.26×2021-09-30
2022-04-297.14×2022-03-31
2022-05-317.3×2022-03-31
2022-06-305.54×2022-03-31
2022-07-295.86×2022-06-30
2022-08-315.61×2022-06-30
2022-09-304.83×2022-06-30
2022-10-315.88×2022-09-30
2022-11-306.41×2022-09-30
2022-12-306.34×2022-09-30
2023-01-317.47×2022-09-30
2023-02-288.9×2022-12-31
2023-03-318.53×2022-12-31
2023-04-2813.17×2023-03-31
2023-05-3111.81×2023-03-31
2023-06-3012.9×2023-03-31
2023-07-3122.84×2023-06-30
2023-08-3122.07×2023-06-30
2023-09-2920.86×2023-06-30
2023-10-3125.91×2023-09-30
2023-11-3027.74×2023-09-30
2023-12-2929.39×2023-09-30
2024-01-3128.73×2023-09-30
2024-02-2967.07×2023-12-31
2024-03-2869.53×2023-12-31
2024-04-3068.29×2023-12-31
2024-05-3169.17×2023-12-31
2024-06-2863.67×2023-12-31
2024-07-3165.38×2023-12-31
2024-08-3064.31×2023-12-31
2024-09-3065.57×2023-12-31
2024-10-3159.27×2023-12-31
2024-11-2953.06×2023-12-31
2024-12-3148.16×2023-12-31
2025-01-3146.87×2023-12-31
2025-02-2845.74×2023-12-31
2025-03-3141.91×2023-12-31
2025-04-3019.34×2024-12-31
2025-05-3017.54×2024-12-31
2025-06-3016.74×2024-12-31
2025-07-3114.73×2024-12-31
2025-08-2915.57×2024-12-31
2025-09-3014.5×2024-12-31
2025-10-31—2025-09-30
2025-11-28—2025-09-30
2025-12-31—2025-09-30
2026-01-30—2025-09-30
2026-02-27—2025-12-31
2026-03-31—2025-12-31
2026-04-30—2026-03-31
2026-05-29—2026-03-31
2026-06-30—2026-03-31
2026-07-31—2026-06-30
2026-08-31—2026-06-30
2026-09-25—2026-06-30

ROIC

% · Annual / TTM

—
DOW ROIC. Reported fiscal history.
Fiscal period% · Annual / TTM
FY 2019 Q1—
FY 2019 Q2—
FY 2019 Q3—
FY 2019 Q4—
FY 2020 Q1—
FY 2020 Q2—
FY 2020 Q3—
FY 2020 Q41.87%
FY 2021 Q13.76%
FY 2021 Q211.36%
FY 2021 Q319.3%
FY 2021 Q423.21%
FY 2022 Q124.06%
FY 2022 Q222.52%
FY 2022 Q318.44%
FY 2022 Q412.93%
FY 2023 Q17.95%
FY 2023 Q24.35%
FY 2023 Q33%
FY 2023 Q4—
FY 2024 Q1—
FY 2024 Q2—
FY 2024 Q3—
FY 2024 Q42.82%
FY 2025 Q10.62%
FY 2025 Q2—
FY 2025 Q3—
FY 2025 Q4—
FY 2026 Q1—
FY 2026 Q2—

Capital allocation

% of tracked cash uses

$253M
DOW capital allocation. Quarterly values. Missing values are unavailable.
PeriodCapexAcquisitionsBuybacksDividendsDebt repaymentsTracked uses
FY 2019 Q149% · $514MUnavailable0% · $0M51% · $535MUnavailable100% · $1,049M
FY 2019 Q260.65% · $470MUnavailable39.35% · $305M0% · $0MUnavailable100% · $775M
FY 2019 Q382.37% · $472MUnavailable17.63% · $101M0% · $0MUnavailable100% · $573M
FY 2019 Q485.99% · $577M0% · $0M14.01% · $94M0% · $0MUnavailable100% · $671M
FY 2020 Q175.96% · $395MUnavailable24.04% · $125M0% · $0MUnavailable100% · $520M
FY 2020 Q2100% · $273MUnavailable0% · $0M0% · $0MUnavailable100% · $273M
FY 2020 Q361.46% · $287M27.84% · $130M0% · $0M0% · $0M10.71% · $50M100% · $467M
FY 2020 Q433.98% · $297M0% · $0M0% · $0M59.38% · $519M6.64% · $58M100% · $874M
FY 2021 Q135.68% · $289MUnavailable0% · $0M64.32% · $521MUnavailable100% · $810M
FY 2021 Q2UnavailableUnavailable27.7% · $200M72.3% · $522MUnavailable100% · $722M
FY 2021 Q3Unavailable0% · $0M40.04% · $400M51.85% · $518M8.11% · $81M100% · $999M
FY 2021 Q4Unavailable2.16% · $22M39.22% · $400M50.2% · $512M8.43% · $86M100% · $1,020M
FY 2022 Q1Unavailable0% · $0M53.91% · $600M46.09% · $513MUnavailable100% · $1,113M
FY 2022 Q2Unavailable0% · $0M61.3% · $800M38.7% · $505MUnavailable100% · $1,305M
FY 2022 Q3Unavailable4.01% · $54M59.39% · $800M36.6% · $493M0% · $0M100% · $1,347M
FY 2022 Q4Unavailable21.91% · $174M15.74% · $125M62.34% · $495M0% · $0M100% · $794M
FY 2023 Q1Unavailable3.57% · $23M19.41% · $125M77.02% · $496MUnavailable100% · $644M
FY 2023 Q2Unavailable4.01% · $31M32.3% · $250M63.7% · $493MUnavailable100% · $774M
FY 2023 Q3Unavailable7.36% · $49M18.77% · $125M73.87% · $492MUnavailable100% · $666M
FY 2023 Q4Unavailable1.75% · $11M19.94% · $125M78.31% · $491MUnavailable100% · $627M
FY 2024 Q148.57% · $714M0% · $0M13.61% · $200M33.54% · $493M4.29% · $63M100% · $1,470M
FY 2024 Q250.92% · $723M0% · $0M14.08% · $200M34.58% · $491M0.42% · $6M100% · $1,420M
FY 2024 Q350.79% · $736M8.35% · $121M6.49% · $94M33.82% · $490M0.55% · $8M100% · $1,449M
FY 2024 Q460.44% · $767M0.32% · $4M0% · $0M38.77% · $492M0.47% · $6M100% · $1,269M
FY 2025 Q158.1% · $685MUnavailable0% · $0M41.9% · $494MUnavailable100% · $1,179M
FY 2025 Q257.17% · $662MUnavailable0% · $0M42.83% · $496MUnavailable100% · $1,158M
FY 2025 Q369.37% · $564MUnavailable0% · $0M30.63% · $249M0% · $0M100% · $813M
FY 2025 Q455.25% · $568M0% · $0M0% · $0M24.42% · $251M20.33% · $209M100% · $1,028M
FY 2026 Q166.62% · $503MUnavailableUnavailable33.38% · $252MUnavailable100% · $755M
FY 2026 Q2UnavailableUnavailableUnavailable100% · $253MUnavailable100% · $253M

Sources and calculations

Company filings · USD · Last checked 2026-10-18. Missing inputs remain unavailable. Your chart selection and layout are saved in this browser for DOW.

All charts share the selected dates. Quarterly/Yearly changes fiscal charts; valuation keeps completed daily closes on a published TTM basis. Later restatements can delay that basis. Historical mean, median and pricing labels use the selected range and do not estimate intrinsic fair value.

SBC deduction is an optional economic-cost scenario for FCF-based metrics. Missing SBC never becomes zero.

Revenue
Reported revenue from company filings.
Free cash flow
Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Net margin
Reported net income / revenue × 100.
P/E
Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
ROIC
NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
Capital allocation
Reported cash uses as a percentage of tracked uses. Missing categories remain unavailable; SBC is noncash and excluded.
Reported revenue and sources