Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Dow Inc.

DOW · NYSE · Materials

Fundamental quality

WEAK

23

out of 100

Dow Inc. is going through a tough financial stretch: it hasn't been profitable over the last twelve months. On fundamental quality it scores 23 out of 100, profiling it as a company with demanding fundamentals. Its weakest area is its profitability (net margin -6.8%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Dow is one of the world's largest basic-chemicals makers: plastics, silicones and intermediates ending up in packaging, construction, cars and mattresses. A pure commodity business: when the world economy sneezes, its margins catch the flu.

What will shape its future

  • The global chemical cycle: Chinese overcapacity and European demand set its prices.
  • Gas and feedstock costs, its American advantage over Europe and Asia.
  • The dividend, proudly sustained through cycles that don't always justify it.

Breakdown by area

I.Growth
29

Revenue growth: 0.4%

II.Profitability
19

Net margin: -6.8% · ROE: -17.5%

III.Financial health
22

Net debt/EBITDA: 11.14x · FCF: -0.6%

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.

Versus its sector

Percentile against the other 27 Materials companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 7%
ROEbeats 7%
Growthbeats 7%
Cash generationbeats 20%
Less debtbeats 11%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Dow Inc. strengths

  • No clearly standout strengths by the system's thresholds.

Dow Inc. risks and weaknesses

  • Very high leverage (net debt of 11.14× EBITDA): more exposed to rates and to a rough patch.
  • No profits over the last twelve months (negative EPS).
  • Losses over the last twelve months (net margin of -6.8%).
  • It has slipped into losses after years of profit.

Dow Inc. historical evolution

YearRevenueNet incomeFree cash flowNet debt
202038,5421,2944,97412,003
202154,9686,4055,50811,684
202256,9024,6405,65211,536
202344,6226602,84011,982
202442,9641,201-2614,019
202539,968-2,444-1,44714,033

Between 2020 and 2025, revenue went from $38,542M to $39,968M (+4%) and net income went from $1,294M to -$2,444M (-289%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue-6.1%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$2.1

per share, yearly

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Dow Inc. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Dow Inc. a good company to invest in?

In terms of business quality, Dow Inc. scores 23 out of 100 in our analysis, placing it as a company with demanding fundamentals. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Dow Inc. a profitable company?

Over the last twelve months, no: Dow Inc. posts a negative net margin (-6.8%).

Does Dow Inc. have a lot of debt?

Yes, its leverage is high: net debt is 11.14 times its EBITDA.

Is Dow Inc. growing?

Its revenue has grown 0.4% annualized in recent years.

Does Dow Inc. generate cash?

Over the last twelve months its free cash flow was negative.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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