Dow Inc. (DOW) Financial Statements
Historical financial data — 30 statements covering FY2019–FY2025
Dow is one of the largest plastics and chemicals producers in the world, ranking in the top five for upstream plastics production, such as polyethylene, or PE, and polypropylene, or PP. It has thre...
Dow Inc.'s revenue decreased 7.0% year over year, from $42.96B to $39.97B.
Net income decreased 335.0% over the same period, from $1.12B to $-2.62B.
Over the 6-year period from FY2019 to FY2025, revenue declined by 7% in total.
Total debt increased by 11.5% to $18.07B.
The debt-to-equity ratio stands at 1.13, indicating a elevated leverage profile.
Operating cash flow declined 64.6% to $1.03B.
Dow Inc. maintains a negative net profit margin of -6.6%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $10.88B-0.3% | $214.0M | $1.07B | $324.0M | $800.0M | $59.39B | $16.46B | $18.31B |
| Q4 FY2024 | $10.40B-4.4% | $-53.0M | $935.0M | $219.0M | $814.0M | $57.31B | $16.21B | $17.36B |
| Q1 FY2025 | $10.43B+0.2% | $-307.0M | $671.0M | $67.0M | $91.0M | $57.50B | $16.43B | $16.79B |
| Q2 FY2025 | $10.10B-3.1% | $-835.0M | $583.0M | $21.0M | $-470.0M | $58.99B | $16.65B | $17.23B |
| Q3 FY2025 | $9.97B-1.3% | $62.0M | $731.0M | $190.0M | $1.13B | $60.99B | $18.12B | $17.54B |
| Q4 FY2025 | $9.46B-5.1% | $-1.54B | $548.0M | $-339.0M | $284.0M | $58.54B | $18.07B | $16.01B |
| Q1 FY2026 | $9.79B+3.5% | $-533.0M | $640.0M | $1.0M | $1.12B | $59.78B | $19.64B | $16.76B |
| Q2 FY2026 | $12.09B+23.5% | $721.0M | $2.17B | $1.40B | $1.33B | $61.59B | $19.44B | $17.37B |
Balance Sheet Summary (Q2 FY2026)
Dow Inc. (DOW) Financial Statements & Revenue History
Dow Inc. (DOW) is a US-listed stock operating in the Basic Materials sector, specifically the Plastic Materials, Synth Resins & Nonvulcan Elastomers industry trading at $29.90 with a market capitalization of $22. This page provides 30 historical financial statements for Dow Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Dow Inc. reported revenue of $40.0 billion, a 7.0% decline from the prior year. The net profit margin of -6.6% indicates the company is currently unprofitable. The debt-to-equity ratio of 1.13 indicates elevated leverage.
DOW Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Dow Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether DOW is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track DOW's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Dow Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of DOW's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use DOW Financial Data
Investors use Dow Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare DOW's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how DOW's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View DOW's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Dow Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.DOW trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

