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

Dow Inc. (DOW) Net margin

Alert me on Net margin

Dow Inc.'s net margin over the twelve months to 30 September 2026 was −2.10%, up 4.5 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 −3.00% and below the Basic Materials sector median of 0.88%.

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)
Sep 2026 4.06% (1.90)
Jun 2026 5.96% 11.40
Mar 2026 −5.44% 10.87
Dec 2025 −16.3% (16.93)
29 more quarters

Against its own ten years

Low −6.56% High 11.4%
Ten-year median 2.87%
Current reading's percentile 24

Net margin against peers

Company Net margin
REX REX American Resources Corporation compare 18.1%
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 −3.00%
Basic Materials sector median 0.88%
Market median 1.22%

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

The full definition of Net margin →

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