Dow Inc. (DOW)

From the record

Dow Inc.'s filings since 2018 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Dow Inc.'s 9 filed years say what it did: revenue went from $44 billion in fiscal 2017 to $40 billion in fiscal 2025, down 1.1% a year; it rose in 3 of 8 years; the deepest fall was 30% from fiscal 2022 to fiscal 2025; net income was positive in 7 of 9 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Dow Inc.'s diluted share count shrank about 0.6% a year, and dividends and buybacks returned about 72% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-10-28 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Dow Inc. lost about 15 cents for every dollar of shareholders' money, and gross profitability: its products earned about 4 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 73 cents per dollar of assets, and net share issuance: its share count grew 0.9% over the year (the filed statements).

From the record

Dow Inc.'s standing among 9 graded names in its industry family: revenue of $40 billion in fiscal 2025 ranks in the top 6% by size; a net margin of -6.1% ranks in the top 50%; revenue growth of -11.1% a year over the last 3 filed years ranks in the bottom 19% (its annual reports).

From the record

Dow Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Carter, Karen S (Chief Executive Officer, as filed), filing under that title since 2026-07-06, 4 months (bottom 17% of its family); the 24 officers and directors filing in the last fifteen months have been on the record a median of 6 years (top 28%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 24 people in charge now (top 6%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Dow Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $4.0 billion against debt of $18 billion leaves -23.7% of its assets as net cash, bottom 28% of its family; cash from operations less capital spending is -3.6% of revenue (bottom 17%); a gross margin of 6.3% (bottom 6%); research spending of 1.9% of revenue (bottom 28%) (its annual report).

From the record

Dow Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -11.1% a year over the last three filed years against -1.1% over all 9, slowing (bottom 31% of its family); the newest year grew -7% (bottom 6%); research spending grew -4% a year (top 50%); capital spending grew 10.8% a year (top 6%) (its annual reports). Dow Inc. reported 3 lines of business in fiscal 2025: Packaging Specialty Plastics at $20 billion, Industrial Intermediates Infrastructure at $11 billion, Performance Materials Coatings at $8.1 billion. 0 of 3 grew in the latest filed year, and the largest line is 51% of revenue (its annual report).

From the record

Dow Inc.'s newest year against its own record: revenue of $40 billion in fiscal 2025 came in 7% above the $37 billion its prior three years' pace pointed to (top 44% of its family); net income of $2.4 billion against a prior three-year average of $2.2 billion (bottom 6%); a net margin of -6.1% against 4.1% before (bottom 44%) (its annual reports).