DOW INC (DOW) Stock Fundamental Analysis

NYSE:DOW • US2605571031

30.02 USD
-1.03 (-3.32%)
At close: Feb 25, 2026
30.05 USD
+0.03 (+0.1%)
After Hours: 2/25/2026, 10:20:29 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

2

Taking everything into account, DOW scores 2 out of 10 in our fundamental rating. DOW was compared to 83 industry peers in the Chemicals industry. DOW may be in some trouble as it scores bad on both profitability and health. DOW does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • In the past year DOW has reported negative net income.
  • In the past year DOW had a positive cash flow from operations.
  • DOW had positive earnings in 4 of the past 5 years.
  • Each year in the past 5 years DOW had a positive operating cash flow.
DOW Yearly Net Income VS EBIT VS OCF VS FCFDOW Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B -5B

1.2 Ratios

  • The Return On Assets of DOW (-4.50%) is worse than 71.08% of its industry peers.
  • Looking at the Return On Equity, with a value of -16.45%, DOW is doing worse than 69.88% of the companies in the same industry.
  • DOW has a Return On Invested Capital of 0.37%. This is in the lower half of the industry: DOW underperforms 75.90% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for DOW is below the industry average of 6.17%.
Industry RankSector Rank
ROA -4.5%
ROE -16.45%
ROIC 0.37%
ROA(3y)-0.53%
ROA(5y)3.18%
ROE(3y)-2.33%
ROE(5y)9.92%
ROIC(3y)2.23%
ROIC(5y)5.43%
DOW Yearly ROA, ROE, ROICDOW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 30

1.3 Margins

  • With a Operating Margin value of 0.61%, DOW is not doing good in the industry: 75.90% of the companies in the same industry are doing better.
  • In the last couple of years the Operating Margin of DOW has declined.
  • The Gross Margin of DOW (6.47%) is worse than 89.16% of its industry peers.
  • In the last couple of years the Gross Margin of DOW has declined.
Industry RankSector Rank
OM 0.61%
PM (TTM) N/A
GM 6.47%
OM growth 3Y-60.65%
OM growth 5Y-38.02%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-24.53%
GM growth 5Y-13.71%
DOW Yearly Profit, Operating, Gross MarginsDOW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10 15 20

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so DOW is destroying value.
  • DOW has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for DOW has been reduced compared to 5 years ago.
  • DOW has a worse debt/assets ratio than last year.
DOW Yearly Shares OutstandingDOW Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
DOW Yearly Total Debt VS Total AssetsDOW Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B

2.2 Solvency

  • Based on the Altman-Z score of 1.59, we must say that DOW is in the distress zone and has some risk of bankruptcy.
  • With a Altman-Z score value of 1.59, DOW is not doing good in the industry: 61.45% of the companies in the same industry are doing better.
  • A Debt/Equity ratio of 1.12 is on the high side and indicates that DOW has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.12, DOW is not doing good in the industry: 68.67% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.12
Debt/FCF N/A
Altman-Z 1.59
ROIC/WACC0.04
WACC10.52%
DOW Yearly LT Debt VS Equity VS FCFDOW Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B 30B

2.3 Liquidity

  • DOW has a Current Ratio of 1.97. This is a normal value and indicates that DOW is financially healthy and should not expect problems in meeting its short term obligations.
  • DOW has a Current ratio (1.97) which is in line with its industry peers.
  • DOW has a Quick Ratio of 1.25. This is a normal value and indicates that DOW is financially healthy and should not expect problems in meeting its short term obligations.
  • DOW's Quick ratio of 1.25 is in line compared to the rest of the industry. DOW outperforms 48.19% of its industry peers.
Industry RankSector Rank
Current Ratio 1.97
Quick Ratio 1.25
DOW Yearly Current Assets VS Current LiabilitesDOW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for DOW have decreased strongly by -154.39% in the last year.
  • The Revenue has decreased by -6.97% in the past year.
  • DOW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.73% yearly.
EPS 1Y (TTM)-154.39%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-2605.91%
Revenue 1Y (TTM)-6.97%
Revenue growth 3Y-11.11%
Revenue growth 5Y0.73%
Sales Q2Q%-9.08%

3.2 Future

  • Based on estimates for the next years, DOW will show a very strong growth in Earnings Per Share. The EPS will grow by 59.45% on average per year.
  • Based on estimates for the next years, DOW will show a small growth in Revenue. The Revenue will grow by 2.02% on average per year.
EPS Next Y70.71%
EPS Next 2Y62.56%
EPS Next 3Y50.56%
EPS Next 5Y59.45%
Revenue Next Year-1.17%
Revenue Next 2Y1.38%
Revenue Next 3Y2.03%
Revenue Next 5Y2.02%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
DOW Yearly Revenue VS EstimatesDOW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 10B 20B 30B 40B 50B
DOW Yearly EPS VS EstimatesDOW Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 2 4 6 8

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Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for DOW. In the last year negative earnings were reported.
  • Also next year DOW is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
DOW Price Earnings VS Forward Price EarningsDOW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 -40 -60 -80 -100

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as DOW.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 11.87
DOW Per share dataDOW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40 50

4.3 Compensation for Growth

  • DOW's earnings are expected to grow with 50.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y62.56%
EPS Next 3Y50.56%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 4.46%, DOW is a good candidate for dividend investing.
  • DOW's Dividend Yield is rather good when compared to the industry average which is at 2.22. DOW pays more dividend than 89.16% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, DOW pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.46%

5.2 History

  • DOW has been paying a dividend for at least 10 years, so it has a reliable track record.
  • As DOW did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years5
DOW Yearly Dividends per shareDOW Yearly Dividends per shareYearly Dividends per share 2016 2017 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

5.3 Sustainability

  • The earnings of DOW are negative and hence is the payout ratio. DOW will probably not be able to sustain this dividend level.
DP-56.57%
EPS Next 2Y62.56%
EPS Next 3Y50.56%
DOW Yearly Income VS Free CF VS DividendDOW Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B -5B

More info and screens

Find the best dividend stocksShow peers with best dividend

DOW INC

NYSE:DOW (2/25/2026, 10:20:29 PM)

After market: 30.05 +0.03 (+0.1%)

30.02

-1.03 (-3.32%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)01-29
Earnings (Next)04-23
Inst Owners68.25%
Inst Owner Change5.81%
Ins Owners0.14%
Ins Owner Change12.18%
Market Cap21.54B
Revenue(TTM)39.97B
Net Income(TTM)-2.63B
Analysts64.8
Price Target29.42 (-2%)
Short Float %3.59%
Short Ratio2.06
Dividend
Industry RankSector Rank
Dividend Yield 4.46%
Yearly Dividend2.1
Dividend Growth(5Y)N/A
DP-56.57%
Div Incr Years0
Div Non Decr Years5
Ex-Date02-27
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)31.59%
Min EPS beat(2)27.48%
Max EPS beat(2)35.71%
EPS beat(4)3
Avg EPS beat(4)56.68%
Min EPS beat(4)-138.3%
Max EPS beat(4)301.86%
EPS beat(8)5
Avg EPS beat(8)18.16%
EPS beat(12)9
Avg EPS beat(12)18.45%
EPS beat(16)12
Avg EPS beat(16)13.88%
Revenue beat(2)0
Avg Revenue beat(2)-2.23%
Min Revenue beat(2)-3.44%
Max Revenue beat(2)-1.01%
Revenue beat(4)1
Avg Revenue beat(4)-1.46%
Min Revenue beat(4)-3.44%
Max Revenue beat(4)0.85%
Revenue beat(8)2
Avg Revenue beat(8)-1.16%
Revenue beat(12)6
Avg Revenue beat(12)-0.14%
Revenue beat(16)8
Avg Revenue beat(16)0.41%
PT rev (1m)8.36%
PT rev (3m)4.15%
EPS NQ rev (1m)-69.95%
EPS NQ rev (3m)-107.02%
EPS NY rev (1m)-12.99%
EPS NY rev (3m)-102.99%
Revenue NQ rev (1m)-8.4%
Revenue NQ rev (3m)-9.07%
Revenue NY rev (1m)-3.16%
Revenue NY rev (3m)-3.7%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.54
P/FCF N/A
P/OCF 20.87
P/B 1.35
P/tB 3.29
EV/EBITDA 11.87
EPS(TTM)-0.93
EYN/A
EPS(NY)-0.27
Fwd EYN/A
FCF(TTM)-2.07
FCFYN/A
OCF(TTM)1.44
OCFY4.79%
SpS55.7
BVpS22.31
TBVpS9.12
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -4.5%
ROE -16.45%
ROCE 0.49%
ROIC 0.37%
ROICexc 0.4%
ROICexgc 0.51%
OM 0.61%
PM (TTM) N/A
GM 6.47%
FCFM N/A
ROA(3y)-0.53%
ROA(5y)3.18%
ROE(3y)-2.33%
ROE(5y)9.92%
ROIC(3y)2.23%
ROIC(5y)5.43%
ROICexc(3y)2.36%
ROICexc(5y)5.81%
ROICexgc(3y)3.07%
ROICexgc(5y)7.67%
ROCE(3y)2.97%
ROCE(5y)7.27%
ROICexgc growth 3Y-65.51%
ROICexgc growth 5Y-38.65%
ROICexc growth 3Y-64.99%
ROICexc growth 5Y-37.63%
OM growth 3Y-60.65%
OM growth 5Y-38.02%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-24.53%
GM growth 5Y-13.71%
F-Score3
Asset Turnover0.68
Health
Industry RankSector Rank
Debt/Equity 1.12
Debt/FCF N/A
Debt/EBITDA 5.83
Cap/Depr 88.89%
Cap/Sales 6.3%
Interest Coverage 0.26
Cash Conversion 33.53%
Profit Quality N/A
Current Ratio 1.97
Quick Ratio 1.25
Altman-Z 1.59
F-Score3
WACC10.52%
ROIC/WACC0.04
Cap/Depr(3y)93.66%
Cap/Depr(5y)84.91%
Cap/Sales(3y)6.15%
Cap/Sales(5y)5.13%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-154.39%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-2605.91%
EPS Next Y70.71%
EPS Next 2Y62.56%
EPS Next 3Y50.56%
EPS Next 5Y59.45%
Revenue 1Y (TTM)-6.97%
Revenue growth 3Y-11.11%
Revenue growth 5Y0.73%
Sales Q2Q%-9.08%
Revenue Next Year-1.17%
Revenue Next 2Y1.38%
Revenue Next 3Y2.03%
Revenue Next 5Y2.02%
EBIT growth 1Y-87.19%
EBIT growth 3Y-65.02%
EBIT growth 5Y-37.57%
EBIT Next Year893.2%
EBIT Next 3Y154.67%
EBIT Next 5Y111.15%
FCF growth 1Y-5619.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-64.58%
OCF growth 3Y-48.32%
OCF growth 5Y-30.19%

DOW INC / DOW FAQ

What is the ChartMill fundamental rating of DOW INC (DOW) stock?

ChartMill assigns a fundamental rating of 2 / 10 to DOW.


What is the valuation status of DOW INC (DOW) stock?

ChartMill assigns a valuation rating of 1 / 10 to DOW INC (DOW). This can be considered as Overvalued.


How profitable is DOW INC (DOW) stock?

DOW INC (DOW) has a profitability rating of 2 / 10.


What is the financial health of DOW INC (DOW) stock?

The financial health rating of DOW INC (DOW) is 2 / 10.


Is the dividend of DOW INC sustainable?

The dividend rating of DOW INC (DOW) is 6 / 10 and the dividend payout ratio is -56.57%.