DOW Dow Inc.
$29.86
▲ 0.7%Updated Oct 16, 2:25 PM ET
Report Card
DOW at a glance — five pillars scored 0–100 from real filed financials.
How the 0–100 rating is calculatedOverall: Weak · 22/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
Price — Past Year
▲ Up 11.3% in the year to Jul 6, 2026
Key Metrics
Market Cap
$19.97B
P/E
—
Forward P/E (est.)
—
ROE
-17.3%
Revenue Growth
-7.7%
EPS Growth
—
Profit Margin
-7.2%
FCF Yield
17.1%
Debt / Equity
1.13x
ROIC
—
Interest Coverage
—
Current Ratio
1.85x
Dividend Yield
4.2%
Implied Growth (rev. DCF)
—
Rating Score
22/100
Business Overview
Dow Inc. (DOW) is a large-cap company in the Commodity Chemicals industry, part of the Materials sector of the S&P 500, with a market value around $19.97B.
In its latest reported year it generated about $39.97B in revenue.
Our model rates DOW Weak (22/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Technical Analysis (Educational)
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what DOW's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. DOW trades near $29.86, around its 50-day average ($35.12) and 200-day average ($29.84). Price tangled in its moving averages means there is no clear trend — the stock is ranging.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 12 it is oversold — selling has been heavy and a bounce is possible.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. DOW's is $1.23 (~4.1% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. In the month to Jul 6, 2026, DOW found buyers near $26.80 (support) and sellers near $36.04 (resistance); its 52-week range then was $20.40–$42.74. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.9× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. The indicators were last computed on Jul 6, 2026; the price is current.
Revenue Growth
4Y CAGR
-7.7%
Revenue moved from $43.73B in 2017 to $39.97B in 2025, a -1.1% compound annual growth rate. The most recent year declined 7.7% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?
Profitability
Gross Margin
6.3%
Operating Margin
-4.2%
Net Margin
-7.2%
ROE
-17.3%
Dow Inc. keeps about -7.2% of each sales dollar as net profit, with a 6.3% gross margin and -4.2% operating margin. Return on equity is -17.3%. The company is currently unprofitable on a net basis.
Debt Analysis
Total Debt
$16.21B
Net Debt
$12.10B
Net Debt / EBITDA
—
Debt / Equity
1.13x
Leverage: debt-to-equity is 1.1x, with a current ratio of 1.9x. That is a moderate, manageable debt load for most businesses. It carries roughly $16.21B of total debt against $4.11B of cash.
Cash Flow Analysis
Operating CF
$1.03B
Free Cash Flow
-$1.45B
FCF Margin
-3.6%
In the latest year Dow Inc. produced about $1.03B of operating cash flow but negative free cash flow as it invested heavily. That is a free-cash-flow yield of about 17.1% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Dividend Safety
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
What to look for in a dividend stockCoverage is weak, the payout was cut recently, or it's being financed rather than earned — treat the current yield as fragile.
Dividend yield
4.2%
Per share (latest FY)
$2.10
Total paid (latest FY)
$1.49B
History on record
7 years
free cash flow was negative in the latest year — the dividend is being financed
no current raise streak
payout was cut at least once in the last 7 years
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
Valuation Analysis
P/E
—
P/S
0.6x
P/B
0.94x
EV / EBITDA
—
DOW trades at n/a trailing earnings, 0.6x sales, and 0.9x book value. With no positive trailing earnings, value it on sales, cash flow, or growth rather than P/E.
Metrics vs. Sector Range
Where DOW sits versus the Materials companies we cover.
Bands show the middle half (25th–75th percentile) of the 54 Materials companies in our coverage that have fundamentals data — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
Sector Peer Comparison
How DOW stacks up against its Materials peers — valuation, profitability, and growth versus the sector median.
Among the 54 rated Materials companies we cover, DOW ranks #52 by our overall rating.
P/E vs sector
—
median 20.1x
ROE vs sector
-17.3%
median 16.1%
Growth vs sector
-7.7%
median 7.9%
Sector rank
#52
of 54 rated
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Materials companies by sub-industry and size, preferring ones with full data. Sector medians and rank use the 54 rated companies among the 78 Materials stocks we cover. Educational, not a recommendation.
5-Year Projection Model
Project revenue → earnings → price. Edit the assumptions to build your own case.
What drives this projection, and its limits2030 scenario price range (Base Case)
$24.94 – $41.56
vs. $29.86 today · implied CAGR -4% – 7%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $41.17B | $42.40B | $43.67B | $44.98B | $46.33B |
| Net income | $1.24B | $1.27B | $1.31B | $1.35B | $1.39B |
| EPS | $1.85 | $1.90 | $1.96 | $2.02 | $2.08 |
| Share price (low) | $22.16 | $22.82 | $23.51 | $24.21 | $24.94 |
| Share price (high) | $36.93 | $38.04 | $39.18 | $40.35 | $41.56 |
| CAGR (low–high) | -26% / 24% | -13% / 13% | -8% / 9% | -5% / 8% | -4% / 7% |
Educational scenario model, not a forecast or investment advice. It starts from the latest annual revenue in SEC filings. By default, growth is trailing revenue growth (held between 3% and 45% a year), the net margin is the latest one (held between 3% and 50%, so a loss-making company is modeled with a small profit), and the Base case P/E runs from 60% to 100% of today's. Carrying recent growth forward five years can miss badly in either direction. Outputs are only as good as the assumptions. Growth, margin or P/E data is missing for this stock, so some starting values above are placeholders rather than measurements.
Bull Case
The case for DOW:
- Healthy free-cash-flow yield (~17.1%) funds buybacks and dividends.
- Pays a 4.2% dividend on top of any price gains.
Bear Case
The case against DOW:
- Revenue growth is slow/negative (-7.7%), limiting the upside engine.
- Thin net margins (-7.2%) leave little room for error.
- Our model's overall read is Weak (22/100).
Key Risks
Balance-sheet risk — debt/equity of 1.1x magnifies the impact of higher rates or weaker earnings.
Growth risk — sluggish revenue (-7.7%) leaves little margin for execution missteps.
Margin risk — thin profitability (-7.2%) is vulnerable to cost or pricing pressure.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
Investment Thesis
On balance, the fundamentals screen weakly: Dow Inc. is a large-cap materials business with shrinking revenue, with modest profitability, and a heavier debt load to watch. It trades at n/a earnings, which our model scores Weak (22/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 24 Wall Street analysts covering DOW recommend (September 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more cautious over the last three months (-4 pts of buy ratings).
Latest SEC Filings
DOW's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen. How to read a 10-K
DOW — frequently asked questions
Is DOW a good stock to buy?
We don't give buy or sell advice. Our model rates Dow Inc. Weak (22/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is DOW's rating on The Stocks School?
Dow Inc. currently scores 22/100 (Weak) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does DOW's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Dow Inc.'s SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for DOW calculated?
It's a scenario model. It starts from the latest annual revenue and net margin in SEC filings, grows revenue at an assumed rate (trailing revenue growth by default), and applies a P/E range built around today's multiple to show the resulting share-price range. When a stock has no growth or P/E data, the starting values are placeholders. It's a tool for thinking, not a prediction.
Is this DOW analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell DOW. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.