Dow Inc.
Dow Inc.’s revenue for fiscal 2025 (year ended December 2025) was $40.0 billion, down 6.97% from fiscal 2024. In the quarter to June 2026, revenue grew 19.7%, EPS grew 183.9%, free cash flow grew 169.7% and total debt rose 7.57%, each against the same quarter a year earlier. Member of the S&P 500.
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Dow Inc. (DOW) Net margin
Dow Inc.'s net margin over the twelve months to 30 June 2026 was −3.13%, up 3.4 percentage points from fiscal 2025 (−6.56%). Over the past ten years it has ranged from −6.56% (fiscal 2025) to 11.4% (fiscal 2021) — the current reading is the lowest in ten years. That is in line with the Chemicals industry median of −3.05% and below the Basic Materials sector median of 0.66%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | −6.56% | (9.16) |
| FY2024 | 2.60% | 1.28 |
| FY2023 | 1.32% | (6.69) |
| FY2022 | 8.01% | (3.41) |
| FY2021 | 11.4% | 8.27 |
| FY2020 | 3.15% | 6.31 |
| FY2019 | −3.16% | (12.52) |
| FY2018 | 9.36% | 8.30 |
| FY2017 | 1.06% | (7.91) |
| FY2016 | 8.97% | — |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jun 2026 | 5.96% | 11.40 |
| Mar 2026 | −5.44% | 10.87 |
| Dec 2025 | −16.3% | (16.93) |
| Sep 2025 | 0.62% | 8.88 |
| 28 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| REX REX American Resources Corporation compare | 17.6% |
| GPRE Green Plains, Inc. compare | 6.78% |
| LXU Lsb Industries Inc. compare | 5.58% |
| WLKP Westlake Chemical Partners LP compare | 4.66% |
| OLN Olin Corporation compare | −2.94% |
| HUN Huntsman Corporation compare | −3.05% |
| DOW Dow Inc. | −3.13% |
| CE Celanese Corporation compare | −12.0% |
| TROX Tronox Holdings PLC compare | −18.0% |
| Chemicals industry median | −3.05% |
| Basic Materials sector median | 0.66% |
| Market median | 0.44% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on DOW
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement