Dow Inc

Dow Inc

DOW

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Market Cap$21.56B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Dow IncDow Inc-7.54.68%-18%0.61.3

Earnings Call Q2 2026

July 23, 2026 - AI Summary

Q2 headline performance & cash/earnings drivers (good): Dow reported Q2 net sales of $12.1B (+20% YoY) and operating EBITDA of $2.3B. Results were supported by pricing leadership, improved integrated margins, stronger cash generation, and self-help actions delivering $300M+ benefits in the quarter (including completing the $1B cost savings program and taking structural actions like the Barry, UK siloxanes shutdown).
Segment results: strong pricing/mitigation but mixed profitability (good + bad): - Packaging & Specialty Plastics (P&SP): $6.4B sales (+27% YoY); Operating EBIT ~$1.3B driven by polyethylene price lift (>40% local price) that more than offset volume declines (notably Europe/MEA/India/Asia Pacific). - Industrial Intermediates & Infrastructure (II&I): Sales +14% YoY (local price +~15%); Operating EBIT $246M (up YoY) helped by self-help, lower maintenance, and incremental earnings from a noncore land sale in Taiwan. - Performance Materials & Coatings (PM&C): Operating EBIT $133M, down YoY—largely due to planned maintenance and the Barry siloxanes shutdown, which offset price/volume gains and self-help.
Full-company self-help and competitiveness actions (surprising/positive): Dow emphasized that self-help is over-delivering versus earlier expectations. For 2026, Dow now expects >$1.3B total benefits from self-help (+ $200M vs prior target). Transform to Outperform is expected to deliver ~$700M in 2026 (upsized; confidence in $2B total opportunity by end of 2027). Reported execution milestones include ~55% of planned role reductions implemented and completion of site transformation playbooks at 6 largest sites.

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Target Price by Analysts

29.4% upsideDow Target Price DetailsTarget Price
$29.30

Current Fair Value

5.2% downside

Overvalued by 5.2% based on the discounted cash flow analysis.

Share Statistics

Market cap$21.56 Billion
Enterprise Value$37.43 Billion
Dividend Yield$1.40 (4.68%)
Earnings per Share$-3.69
Beta0.44
Outstanding Shares721,200,000

Return

Return on Equity-17.88%ROE
Return on Assets-4.56%
Return on Invested Capital-1.81%

Valuation & Multiples

P/E Ratio-7.51P/E Ratio
PEG-17.24PEG
Price to Sales0.57Price to Sales
Price to Book Ratio1.34Price to Book Ratio
Enterprise Value to Revenue0.95
Enterprise Value to EBIT-42.1
Enterprise Value to Net Income-14
Total Debt to Enterprise0.53
Debt to Equity1.31Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 23, 2026
EPS Estimate
$1.25
Average shareholder expectation
Revenue Estimate
$12.03 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 22, 2026
EPS Estimate
$0.95
Average shareholder expectation
Revenue Estimate
$11.38 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000 95.74%
Total Calls500 100.00%
Total Puts- 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %1.45% 69.75%
Total Invested$286.55M 98.66%
Investors Holding232 1142.00%

ESG Score

No data

About Dow Inc

CEO: James Fitterling

The Dow Jones Industrial Average , Dow Jones, or simply the Dow , is a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States. Although it is one of the most commonly f...

Relevant Senate Committees

Joint Committee on Taxation

This committee's expertise and official 'scoring' are central to all tax legislation, directly influencing corporate tax structures, incentives for capital investment, and Dow's overall tax burden.

Finance

As a multinational corporation, Dow is profoundly impacted by this committee's control over taxation (corporate tax rates, international tax policy) and trade policy (tariffs, customs duties, free trade agreements).

Appropriations

This committee's allocation of federal spending directly influences funding for infrastructure projects, scientific research, and agencies (EPA, DOE, DoD) whose activities or contracts affect Dow's markets and regulatory environment.

Agriculture, Nutrition, and Forestry

As a major producer of fertilizers and agricultural chemicals, Dow is directly impacted by the Farm Bill, agricultural policies, and commodity market regulations overseen by this committee.

Judiciary

This committee's oversight of antitrust laws directly impacts potential mergers and acquisitions for a large company like Dow, while intellectual property protection is crucial for chemical innovation and patents.

Energy and Natural Resources

Energy is a major input cost and feedstock for chemical production. This committee's policies on national energy, public lands, and oil/gas extraction directly affect Dow's operational costs and access to vital resources.

Environment and Public Works

This committee directly regulates the EPA, which has significant oversight over the chemical industry's manufacturing processes, emissions, and waste disposal. Infrastructure projects also drive demand for Dow's construction materials.

Foreign Relations

As a multinational chemical company, Dow's global operations, supply chains for raw materials (e.g., oil and gas), and access to international markets are directly impacted by U.S. foreign policy, trade agreements, and sanctions legislation.