Financials in USD. Standardized financial statements.
A compact view of how Dow Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $39.97B | $42.96B | $44.62B | $56.90B | $54.97B | $38.54B | $42.95B | $60.28B | $43.73B | $48.16B |
| Revenue Growth? | -7.0% | -3.7% | -21.6% | +3.5% | +42.6% | -10.3% | -28.7% | +37.8% | -9.2% | 0.0% |
| Cost of Revenue? | $37.57B | $38.51B | $39.65B | $49.05B | $44.58B | $33.73B | $36.99B | $41.44B | $44.24B | $38.21B |
| Gross Profit? | $2.40B | $4.46B | $4.97B | $7.86B | $10.39B | $4.81B | $5.96B | $8.16B | $11.27B | $9.95B |
| Gross Margin? | +6.0% | +10.4% | +11.1% | +13.8% | +18.9% | +12.5% | +13.9% | +13.5% | +25.8% | +20.7% |
| Operating Expenses? | $2.13B | $2.39B | $2.46B | $2.53B | $2.50B | $2.24B | $2.35B | $2.58B | $4.57B | $4.55B |
| Operating Income? | $260.00M | $2.06B | $2.52B | $5.33B | $7.89B | $2.57B | $3.60B | $5.58B | $6.70B | $5.40B |
| EBITDA? | $1.19B | $5.25B | $4.00B | $9.50B | $11.68B | $5.54B | $2.37B | $7.54B | $4.40B | $5.82B |
| Income Before Tax | -$2.51B | $1.60B | $656.00M | $6.09B | $8.14B | $2.07B | -$1.25B | $5.92B | $237.00M | $4.41B |
| Income Tax Expense | -$67.00M | $399.00M | -$4.00M | $1.45B | $1.74B | $777.00M | $470.00M | $1.28B | $1.52B | $9.00M |
| Net Income? | -$2.62B | $1.12B | $589.00M | $4.58B | $6.31B | $1.23B | -$1.36B | $4.50B | $465.00M | $4.32B |
| EPS? | $-3.69 | $1.57 | $0.82 | $6.32 | $8.44 | $1.64 | $-2.31 | $6.02 | $0.62 | $5.30 |
| Diluted EPS? | $-3.69 | $1.57 | $0.82 | $6.28 | $8.38 | $1.64 | $-2.31 | $6.00 | $0.62 | $5.30 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality