Dow revenue and financials
$28.37Change from previous close: −0.51%Absolute change: −$0.15
In the fiscal year ended December 2025, Dow reported revenue of $39.97B (−6.97% year over year). The net loss was $2.44B.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −6.97%
- 2025 vs 2024
- Net margin
- -6.1%
- 2024: 2.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,032 | 2,914 | 5,196 | 7,475 | 7,009 | 6,226 | 5,930 | 4,254 | -4,929 |
| Depreciation and amortization | 2,834 | 2,894 | 2,611 | 2,758 | 2,842 | 2,874 | 2,938 | 2,909 | 2,546 |
| Capital expenditure | -2,479 | -2,940 | -2,356 | -1,823 | -1,501 | -1,252 | -1,961 | -2,091 | -2,807 |
| Investing cash flow | -2,126 | -2,368 | -2,928 | -2,970 | -2,914 | — | — | — | — |
| Financing cash flow | 2,508 | -1,168 | -3,115 | -3,361 | -6,071 | — | — | — | — |
| Dividends paid | -1,490 | -1,966 | -1,972 | -2,006 | -2,073 | -2,071 | -535 | -3,711 | -1,056 |
| Share repurchases | 0.0 | -494 | -625 | -2,325 | -1,000 | -125 | -500 | 0.0 | 0.0 |
| Debt issued | 2,842 | 1,610 | 104 | 1,920 | 253 | — | — | — | — |
| Debt repaid | -1,529 | -345 | -695 | -1,020 | -2,949 | — | — | — | — |
| Effect of exchange rates | 275 | -163 | -45.0 | -237 | -99.0 | — | — | — | — |
| Net change in cash | 1,553 | -859 | -953 | 853 | -2,120 | — | — | — | — |
| Free cash flow | -1,604 | -229 | 2,504 | 5,227 | 4,593 | — | — | — | — |
| Levered free cash flow | -785 | -2.4 | 2,241 | 4,058 | 4,108 | — | — | — | — |