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Monday 2 November 2026 Export DOW’s income statement to Excel — free account

Dow Inc.

DOW Basic Materials Chemicals

Dow Inc.’s revenue for fiscal 2025 (year ended December 2025) was $40.0 billion, down 6.97% from fiscal 2024.

Revenue
+13.0%
EPS
+687.5%
Free cash flow
+169.7%
Total debt
−3.31%

Quarter to September 2026, against a year earlier

34.12 0.58 −1.67%
Market cap
$25.1B
P/E
0.0×
Fwd P/E
17.7×
Dividend yield
4.10%
F-score
3/9
Altman Z
1.41
Beneish M
−2.43
Dividend safety
0/100
Overview Business Profile
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Filings

Dow Inc. (DOW) Debt to equity

Alert me on Debt to equity

Dow Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 1.0×, down 0.0× from fiscal 2025 (1.0×). Over the past ten years it has ranged from 0.0× (fiscal 2016) to 1.3× (fiscal 2020); the current reading is higher than 80% of that period. That is above the Chemicals industry median of 0.7× and above the Basic Materials sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 1.0× 13.58%
FY2024 0.9× 15.48%
FY2023 0.8× 10.93%
FY2022 0.7× (8.47%)
FY2021 0.8× (40.59%)
FY2020 1.3× 11.95%
FY2019 1.2× 99.81%
FY2018 0.6× (23.29%)
FY2017 0.8× —
FY2016 0.0× —

Quarterly newest first

Period Debt to equity Change
Sep 2026 1.0× (3.63%)
Jun 2026 1.0× (4.22%)
Mar 2026 1.1× 4.39%
Dec 2025 1.0× 8.49%
32 more quarters

Against its own ten years

Low 0.0× High 1.3×
Ten-year median 0.8×
Current reading's percentile 80

Debt to equity against peers

Company Debt to equity
REX REX American Resources Corporation compare 0.0×
WLKP Westlake Chemical Partners LP compare 0.5×
GPRE Green Plains, Inc. compare 0.6×
HUN Huntsman Corporation compare 0.7×
LXU Lsb Industries Inc. compare 0.8×
DOW Dow Inc. 1.0×
OLN Olin Corporation compare 1.8×
CE Celanese Corporation compare 2.6×
TROX Tronox Holdings PLC compare 2.7×
Chemicals industry median 0.7×
Basic Materials sector median 0.2×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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