profit from every $100 of sales.

Dow
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What Dow sold, what it kept, and what it did with the cash.
Sales went from $56.9 billion in 2022 to $40.0 billion in 2025, with -$2.62 billion of profit last year.
Dow vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Dow | No profit yet | ||
Shin-Etsu Chemical | 19.7× · Fair price | ||
BASF | 29.7× · Fair price | ||
Saudi Basic Industries | No profit yet | ||
Rongsheng Petrochemical | 133.9× · Very expensive |
Compare Dow with Albemarle · DuPont de Nemours
AI analysis
An AI analyst reads Dow's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 38,542 | 54,968 | 56,902 | 44,622 | 42,964 | 39,968 | |
| 5,196 | 10,777 | 8,564 | 4,880 | 4,606 | 2,533 | |
| – | – | 5,702 | 2,100 | 1,905 | 158 | |
| 5,772 | 11,718 | 9,510 | 4,013 | 5,305 | 1,188 | |
| 1,225 | 6,311 | 4,582 | 589 | 1,116 | -2,623 | |
| 1.64 | 8.38 | 6.28 | 0.82 | 1.57 | -3.70 | |
| 13.5% | 19.6% | 15.1% | 10.9% | 10.7% | 6.3% | |
| – | – | 10.0% | 4.7% | 4.4% | 0.4% | |
| 3.2% | 11.5% | 8.1% | 1.3% | 2.6% | -6.6% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 61,470 | 62,990 | 60,603 | 57,967 | 57,312 | 58,538 |
| Cash | 5,104 | 2,988 | 3,886 | 2,987 | 2,189 | 3,816 |
| Total debt | 19,044 | 16,135 | 16,706 | 16,447 | 17,645 | 19,598 |
| Total liabilities | – | – | 39,356 | 38,859 | 39,461 | 41,016 |
| 12,435 | 18,165 | 20,718 | 18,607 | 17,355 | 16,008 | |
| 742 | 749 | 726 | 709 | 705 | 712 | |
| 7.3% | 20.4% | 14.3% | 3.2% | 5.4% | -3.7% | |
| 9.9% | 34.7% | 22.1% | 3.2% | 6.4% | -16.4% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 6,226 | 7,009 | 7,475 | 5,196 | 2,914 | 1,032 | |
| 1,252 | 1,501 | 2,058 | 2,477 | 3,065 | 2,479 | |
| 4,974 | 5,508 | 5,417 | 2,719 | -151 | -1,447 | |
| Dividends paid | 2,071 | 2,073 | 2,006 | 1,972 | 1,966 | 1,490 |
| 125 | 1,000 | 2,325 | 625 | 494 | 0 | |
| 171 | 276 | 211 | 212 | 159 | 154 |
Valuation
- –
- 11.2×
- –
- 1.8×
- 0.6×
- –
- 33.5×
- -6.0%
- -10.9%
- 4.5%
Profitability
- 6.3%
- 0.4%
- -6.6%
- 2.1%
- -1.8%
- 5.6%
- -16.7%
- -4.6%
- -1.8%
- 1.9%
Growth
- +0.7%
- –
- −858.3%
- −5.6%
- −1.1%
Financial health
- 18.5×
- 1.29
- 32.8%
- -1.0×
- 1.85
- 1.20
- 0.66
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $39.55
- Range
- $27.00 – $51.00
- 12 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 23, 2026 | -0.14 | -0.39 | +64.1% |
| Jan 29, 2026 | -0.34 | -0.46 | +26.7% |
| Oct 23, 2025 | -0.19 | -0.31 | +38.4% |
| Jul 24, 2025 | -0.42 | -0.17 | −142.1% |
| Apr 24, 2025 | 0.02 | -0.01 | +240.4% |
| Jan 30, 2025 | -0.08 | 0.35 | −121.5% |
| Oct 24, 2024 | 0.47 | 0.46 | +2.8% |
| Jul 25, 2024 | 0.68 | 0.72 | −5.6% |
Paid per share, each year
$2.10 in 2019 → $2.10 in 2025
How safe it looks
-90.1% of its profit
Room to growStretchedMore than it earns: -103.0%
News
Stock Market Today: Dow Rises On Surprise Inflation Data; Nvidia Struggles (Live Coverage)Yahoo Finance · Nov 13, 2026Dow Jones Futures Rise After Market Weathers Nvidia CEO Huang's Exit, Surging YieldsYahoo Finance · Nov 13, 2026Stock Market Today: Dow Wavers On Trump Remarks; Nvidia Plunges As Jensen Huang Resigns (Live Coverage)Yahoo Finance · Nov 12, 2026Dow Jones Futures: Techs Fall As Nvidia Board Mulls Ousting CEO Jensen HuangYahoo Finance · Nov 12, 2026Dow Jones Futures Rise, Techs Fall As Nvidia May Oust CEO Huang After CoreWave Leads RallyYahoo Finance · Nov 12, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Dow
Is Dow a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Dow AI analysis
What does Dow do?
Dow Inc. provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. It is in Chemicals, based in Midland, MI, United States, with 34,600 employees.
Does Dow pay a dividend?
Yes. At today's price the dividend is 4.5% a year. In 2025 it paid out $1.49 billion in dividends.
Is Dow stock halal?
No. Dow does not pass our halal screen: its debt is 82% of its market value, at or above the 33% limit. How we check
How has Dow stock done over the past year?
Up 49.5% over the past twelve months, to $33.15. It traded between $20.95 and $41.87 and is 20.8% below its high.
Who are Dow's competitors?
The largest listed companies in the same industry are Shin-Etsu Chemical, BASF, Saudi Basic Industries and Rongsheng Petrochemical. The peers table on this page compares their profit, growth and price with Dow's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.



