Dow Inc. (DOW)
NYSE: DOW · Plastic Materials, Synth Resins & Nonvulcan Elastomers · Midland, MI · filing with the SEC since 2018
Grade3.8
◀ Past 4.4● Present 3.9▶ Future 3.2
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 |
| Report filed | Feb 3, 2026 | Feb 4, 2025 | Jan 31, 2024 | Feb 1, 2023 | Feb 4, 2022 | Feb 5, 2021 | Feb 7, 2020 | · | · |
| Revenue | 39,968 | 42,964 | 44,622 | 56,902 | 54,968 | 38,542 | 42,951 | 49,604 | 43,730 |
| Cost of revenue | 37,435 | 38,358 | 39,742 | 48,338 | 44,191 | 33,346 | 36,657 | 41,074 | 36,350 |
| Gross profit | · | · | · | · | · | 5,196 | 6,294 | 8,530 | · |
| Research and development | 752 | 810 | 829 | 851 | 857 | 768 | 765 | 800 | 803 |
| Selling, general and administrative | 1,392 | 1,581 | 1,627 | 1,675 | 1,645 | 1,471 | 1,590 | 1,782 | 1,795 |
| Interest expense | 865 | 811 | 746 | 662 | 731 | 827 | 933 | 1,063 | 914 |
| Interest and investment income | 152 | 200 | 229 | 173 | 55 | 38 | 81 | 82 | 66 |
| Share of profit of equity-method investments | -240 | -6 | -119 | 268 | 975 | -18 | -94 | 555 | 394 |
| Other income (expense), net | 120 | 100 | 125 | 31 | 10 | 84 | 113r | 128r | 65 |
| Total non-operating income (expense) | 140 | 415 | -280 | 727 | -35 | 1,269 | 461 | 96 | -154 |
| Income before income taxes | -2,511 | 1,600 | 656 | 6,090 | 8,145 | 2,071 | -1,247 | 3,749 | 237 |
| Income tax expense | -67 | 399 | -4 | 1,450 | 1,740 | 777 | 470 | 809 | 1,524 |
| Income from continuing operations | -2,444 | 1,201 | 660 | 4,640 | 6,405 | 1,294 | -1,717 | 2,940 | -1,287 |
| Income from discontinued operations | · | · | · | · | 0 | 0 | 445 | 1,835 | 1,882 |
| Net income including non-controlling interests | -2,444 | 1,201 | 660 | 4,640 | 6,405 | 1,294 | -1,272 | 4,775 | 595 |
| Net income to non-controlling interests | 179 | 85 | 71 | 58 | 94 | 69 | 87 | 134 | 130 |
| Net income to common shareholders | -2,623 | 1,116 | 589 | 4,582 | 6,311 | 1,225 | -1,359 | 4,641 | 465 |
| Earnings per share, basic | -3.70 | 1.57 | 0.82 | 6.32 | 8.44 | 1.64 | -1.84 | 6.21 | 0.60 |
| Earnings per share, diluted | -3.70 | 1.57 | 0.82 | 6.28 | 8.38 | 1.64 | -1.84 | 6.21 | 0.60 |
| Weighted average shares, basic | 711.6 | 703.8 | 705.7 | 721.0 | 743.6 | 740.5 | 742.5 | 747.2 | 744.8 |
| Weighted average shares, diluted | 711.6 | 705.1 | 709.0 | 725.6 | 749.0 | 742.3 | 742.5 | 747.2 | 744.8 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:RevenuesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCostSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseInterest expense what its borrowing cost
us-gaap:InterestExpenseDebtInterest and investment income what its cash and investments earned
us-gaap:InterestIncomeOtherShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntityNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding