Dow Inc.
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
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Dow Inc. (DOW) Operating margin
Dow Inc.'s operating margin over the twelve months to 30 September 2026 was 1.29%, up 5.5 percentage points from fiscal 2025 (−4.25%). Over the past ten years it has ranged from −4.25% (fiscal 2025) to 14.3% (fiscal 2021) — the current reading is the lowest in ten years. That is above the Chemicals industry median of −0.68% and below the Basic Materials sector median of 2.53%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | −4.25% | (8.44) |
| FY2024 | 4.19% | 0.67 |
| FY2023 | 3.52% | (6.29) |
| FY2022 | 9.81% | (4.53) |
| FY2021 | 14.3% | 10.17 |
| FY2020 | 4.17% | 5.94 |
| FY2019 | −1.77% | (9.99) |
| FY2018 | 8.22% | 6.29 |
| FY2017 | 1.93% | (7.32) |
| FY2016 | 9.25% | — |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 6.58% | (0.71) |
| Jun 2026 | 7.29% | 7.61 |
| Mar 2026 | −0.32% | 10.72 |
| Dec 2025 | −11.0% | (12.35) |
| 29 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| WLKP Westlake Chemical Partners LP compare | 28.8% |
| REX REX American Resources Corporation compare | 15.3% |
| LXU Lsb Industries Inc. compare | 9.53% |
| GPRE Green Plains, Inc. compare | 7.44% |
| DOW Dow Inc. | −0.15% |
| HUN Huntsman Corporation compare | −0.54% |
| OLN Olin Corporation compare | −1.57% |
| CE Celanese Corporation compare | −7.13% |
| TROX Tronox Holdings PLC compare | −7.16% |
| Chemicals industry median | −0.68% |
| Basic Materials sector median | 2.53% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on DOW
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net 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