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) Return on invested capital
Dow Inc.'s return on invested capital over the twelve months to 30 June 2026 was −0.12%, up 3.2 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 above the Chemicals industry median of −0.75% 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
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 | −0.75% |
| 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)
More on DOW
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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
- 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