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) Return on invested capital

Alert me on Return on invested capital

Dow Inc.'s return on invested capital over the twelve months to 30 September 2026 was 1.10%, up 4.4 percentage points from fiscal 2025 (−3.34%). Over the past ten years it has ranged from −3.34% (fiscal 2025) to 16.3% (fiscal 2021) — the current reading is the lowest in ten years. That is in line with the Chemicals industry median of −0.12% and below the Basic Materials sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 −3.34% (6.87)
FY2024 3.53% 0.38
FY2023 3.15% (7.61)
FY2022 10.8% (5.52)
FY2021 16.3% 12.23
FY2020 4.05% 5.74
FY2019 −1.69% (6.75)
FY2018 5.06% 3.78
FY2017 1.28% 1.28
FY2016 0.00% —

Against its own ten years

Low −3.34% High 16.3%
Ten-year median 3.34%
Current reading's percentile 10

Return on invested capital against peers

Company Return on invested capital
WLKP Westlake Chemical Partners LP compare 19.9%
REX REX American Resources Corporation compare 16.1%
GPRE Green Plains, Inc. compare 7.48%
LXU Lsb Industries Inc. compare 5.12%
DOW Dow Inc. −0.12%
HUN Huntsman Corporation compare −0.43%
OLN Olin Corporation compare −1.44%
CE Celanese Corporation compare −2.84%
TROX Tronox Holdings PLC compare −3.25%
Chemicals industry median −0.12%
Basic Materials sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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