Stocks · Basic Materials · Chemicals
Dow Inc. DOW
$27.97 +1.38% Close, Oct 2, 2026 · NYSE · Market cap $20.20B
Next earnings report: Oct 22, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 7.3× EBITDA, a high level of leverage.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
- Earnings beat analyst estimates in each of the last 4 quarters (average surprise over the last four: +33.1%).
PromtFinance scores
Each score is a percentile within the Basic Materials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 25%
- Revenue growth, 3-year CAGRBottom 12%
- Revenue growth accelerationTop 16%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 32%
- Gross marginBottom 16%
- Operating marginBottom 26%
- Accruals (lower is better)Top 27%
- Net debt / EBITDA (lower is better)Bottom 11%
- Interest coverBottom 28%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 25%
- Free-cash-flow yieldBottom 39%
- EBITDA / enterprise valueBottom 46%
- Sales / enterprise valueTop 23%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 28%
- 6-month returnBottom 16%
- 1-year return vs S&P 500Top 34%
- Distance from 52-week highBottom 42%
- Trend checklist (0–4)Bottom 26%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 16%
- Consecutive EPS beatsTop 17%
- Share of analysts rating BuyBottom 12%
- Upside to consensus price targetBottom 31%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 28%
- Maximum drawdown, 3 yearsBottom 28%
- Beta vs S&P 500 (lower is better)Top 14%
- Net debt / EBITDA (lower is better)Bottom 11%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -7.7% | -1.2% | ↑ |
| Gross margin | 7.4% | 9.8% | ↑ |
| Operating margin | 2.0% | -0.1% | ↓ |
| FCF margin | -4.2% | 1.1% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -1.2% | -7.7% | ↑ | Bottom 25% |
| Gross margin | 9.8% | 7.4% | ↑ | Bottom 16% |
| Operating margin | -0.1% | 2.0% | ↓ | Bottom 26% |
| Net margin | -2.9% | -2.3% | ↓ | — |
| Free-cash-flow margin | 1.1% | -4.2% | ↑ | — |
| Return on invested capital | -0.1% | — | Bottom 32% | |
| Revenue growth, 3-year CAGR | -11.1% | — | Bottom 12% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -9.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +12.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 7.35×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -0.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 11.11%
- Net buyback yield (TTM)
- -0.42%
- Shareholder yield
- 10.69%
- Share count change, 1 year
- +0.6%
- Share count change, 3-year CAGR
- -0.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 24, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 4
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +33.1%
- Average 2-day reaction, last 8
- -1.6%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $34.22
- Target vs current price
- +22.3%
- Analysts with a rating
- 36
- Share rating Buy or Strong Buy
- 31%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 23, 2026 | +15.2% | -1.1% | -2.6% | +1.6% | — |
| Apr 23, 2026 | +51.9% | -0.7% | +1.9% | -6.5% | -21.7% |
| Jan 29, 2026 | +26.7% | -2.2% | +16.6% | +7.6% | +39.2% |
| Oct 23, 2025 | +38.4% | +12.9% | +14.6% | -1.8% | +22.5% |
| Jul 24, 2025 | -142.1% | -17.5% | -21.2% | -20.7% | -27.9% |
| Apr 24, 2025 | +240.4% | +2.6% | +5.5% | -0.9% | -2.1% |
| Jan 30, 2025 | -121.5% | -6.1% | -7.6% | -6.4% | -26.9% |
| Oct 24, 2024 | +2.8% | -1.0% | -4.2% | -14.7% | -20.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 23, 2026 | $1.44 | $1.25 | +15.2% | $12.09B |
| Apr 23, 2026 | -$0.14 | -$0.29 | +51.9% | $9.79B |
| Jan 29, 2026 | -$0.34 | -$0.46 | +26.7% | $9.46B |
| Oct 23, 2025 | -$0.19 | -$0.31 | +38.4% | $9.97B |
| Jul 24, 2025 | -$0.42 | -$0.17 | -142.1% | $10.10B |
| Apr 24, 2025 | $0.02 | -$0.01 | +240.4% | $10.43B |
| Jan 30, 2025 | -$0.08 | $0.35 | -121.5% | $10.40B |
| Oct 24, 2024 | $0.47 | $0.46 | +2.8% | $10.88B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (forward) | 11.8× | — | — | — |
| EV / EBITDA | 16.1× | — | — | Bottom 46% |
| EV / Sales | 0.90× | — | — | Top 23% |
| Free-cash-flow yield | 2.16% | — | — | Bottom 39% |
| Earnings yield | -6.49% | — | — | Bottom 25% |
P/E over the past five years
Range 5.7× – 75.0× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -0.6%
- 200-day average slope (20 days)
- +1.8%
- Distance from 50-day average
- -6.2%
- Distance from 200-day average
- -12.6%
- RSI (14)
- 39.9
- Relative volume
- 0.80×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 33.9%
- Volatility vs own 5-year history
- 69th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.59
- Correlation with S&P 500
- 0.21
- Current drawdown from 1-year high
- -33.2%
- Maximum drawdown, 3 years
- -65.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 17, 2021 | Oct 10, 2025 | -70.9% | 1106 days | Not yet recovered |
| Jan 12, 2021 | Jan 29, 2021 | -15.0% | 12 days | 15 days (Feb 22, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $20.20B
- EPS, diluted (TTM)
- -$1.82
- Revenue (TTM)
- $41.32B
- Dividend yield
- 5.01%
- 52-week range
- $20.65 – $42.74
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $54.97B | $56.90B | $44.62B | $42.96B | $39.97B |
| Gross profit | $10.39B | $7.86B | $4.97B | $4.46B | $2.40B |
| Operating income | $7.89B | $5.33B | $2.52B | $2.06B | $260.0M |
| Net income | $6.31B | $4.58B | $589.0M | $1.12B | -$2.62B |
| EPS (diluted) | $8.38 | $6.28 | $0.82 | $1.57 | -$3.69 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.88B | $10.40B | $10.43B | $10.10B | $9.97B | $9.46B | $9.79B | $12.09B |
| Net income | $214.0M | -$53.0M | -$307.0M | -$835.0M | $62.0M | -$1.54B | -$445.0M | $721.0M |
| EPS (diluted) | $0.30 | -$0.08 | -$0.44 | -$1.18 | $0.08 | -$2.15 | -$0.74 | $0.99 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $7.01B | $7.47B | $5.20B | $2.91B | $1.03B |
| Capital expenditure | -$1.50B | -$2.06B | -$2.48B | -$3.06B | -$2.48B |
| Free cash flow | $5.51B | $5.42B | $2.72B | -$151.0M | -$1.45B |
| Dividends paid | -$2.07B | -$2.01B | -$1.97B | -$1.97B | -$1.49B |
| Net share buybacks | -$680.0M | -$2.11B | -$437.0M | -$328.0M | $85.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $3.97B
- Total assets
- $61.59B
- Total liabilities
- $35.56B
- Total debt
- $20.86B
- Net debt
- $16.89B
- Shareholders’ equity
- $24.42B
As of Jun 30, 2026 (filed Jul 24, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 31, 2026 | $0.35 | Sep 11, 2026 |
| May 29, 2026 | $0.35 | Jun 12, 2026 |
| Feb 27, 2026 | $0.35 | Mar 13, 2026 |
| Nov 28, 2025 | $0.35 | Dec 12, 2025 |
| Aug 29, 2025 | $0.35 | Sep 12, 2025 |
| May 30, 2025 | $0.70 | Jun 13, 2025 |
| Feb 28, 2025 | $0.70 | Mar 14, 2025 |
| Nov 29, 2024 | $0.70 | Dec 13, 2024 |
Short interest
- Shares sold short
- 35,427,189
- Days to cover
- 4.16
- Change vs previous report
- -4.3%
FINRA short interest, settlement date Sep 15, 2026.