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Screener / SEC EDGAR /CIK 0001751788 /10-K filed Feb 3, 2026, compared with Feb 4, 2025 /Numbers from the XBRL of the 10-Ks
Materials peers:
SWDOWNUECRHLINLYB
NYSE Materials · Plastics & Resins

Dow Inc. DOW

DOW quote by TradingView

Dow Inc. was incorporated on August 30, 2018, under Delaware law, to serve as a holding company for The Dow Chemical Company and its consolidated subsidiaries ("TDCC" and together with Dow Inc., "Dow" or the "Company"). 10-K, Item 1

Employees
34,600
Headquarters
Midland, MI
CEO
Karen S. Carter
Next results
around Jan 28, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2024

Revenue of $43.0B through the costs to a net profit of $1.1B · income statement of the 10-K

3% net margin
Revenue to Gross profit: $4.6BRevenue to Cost of revenue: $38.4BGross profit to Net profit: $1.1BGross profit to Costs, tax, other: $3.5B Revenue: $43.0B REVENUE $43.0B −4% Y/Y Gross profit: $4.6B · 11% margin GROSS PROFIT $4.6B 11% margin Cost of revenue: $38.4B · 89% of revenue COST OF REVENUE $38.4B 89% of revenue Net profit: $1.1B · 3% margin NET PROFIT $1.1B 3% margin · +89% Y/Y Costs, tax, other: $3.5B · 8% of revenue COSTS, TAX, OTHER $3.5B 8% of revenue
Gross profit $4.6B 11% margin
Net profit $1.1B 3% margin · +89% Y/Y
The full income statement, year by year

DOW among Materials peers

Six ratios from the latest 10-K. Each corner is the share of 23 peers the company is above, not a score.

Compare
Revenue growth: -7.0%, above 4% of 23 peers (their median 5.3%) REVENUE GROWTH -7.0% · above 4% Gross margin: 11.1%, above 5% of 19 peers (their median 27.5%) GROSS MARGIN 11.1% · above 5% Net margin: -2.1%, above 9% of 23 peers (their median 9.2%) NET MARGIN -2.1% · above 9% FCF margin: 4.9%, above 30% of 23 peers (their median 7.0%) FCF MARGIN 4.9% · above 30%
DOW Peer median Below the median

What changed

4 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Feb 3, 2026 against Feb 4, 2025.

Risk factors
4 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Material impairment (8-K item 2.06)
8-K item 2.06 (material impairments) filed Jul 7, 2025
10-K · XBRL
Accounting checks
10 other checks clear, 1 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Material impairment (8-K item 2.06)
    8-K item 2.06 (material impairments) filed Jul 7, 2025
  • Receivables +0.1% vs revenue -7.0% (+7.1 pts)
9 more checks with nothing to note
  • Cash from operations $1.0B vs net income −$2.4B (FY ending Dec 31, 2025)
  • Inventory +0.8% vs revenue -7.0% (+7.8 pts)
  • Same auditor in both 10-Ks: DELOITTE & TOUCHE LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Uncertain Tax Positions
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 1.03 in the last 2 years

In their words

4 paragraphs in Risk Factors that were not in the 10-K filed Feb 4, 2025. Quoted as filed.

All 4 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 4, 2025 10-K, ITEM 1A
    The Company utilizes cash from operations and its ability to access capital markets to meet the Company's cash requirements for working capital, capital projects, debt maturities and other needs. Adverse economic conditions, a contraction in the availability of credit in the marketplace, or changes in the Company's credit ratings,…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 4, 2025 10-K, ITEM 1A
    During 2025, the United States changed its long-standing trade policies and announced significant new tariffs, with certain exceptions, on virtually all imported goods. These actions triggered the negotiation of new trade agreements with certain U.S. trading partners. While these negotiations resulted in the reduction of certain…
  3. Item 1A · new paragraph · not in the 10-K filed Feb 4, 2025 10-K, ITEM 1A
    The Company is subject to extensive federal, state, local and foreign laws, regulations, rules and ordinances relating to pollution, protection of the environment, climate change, greenhouse gas emissions, and the generation, storage, handling, transportation, treatment, disposal and remediation of hazardous substances and waste

New risk paragraphs, against peers

Latest 10-K of each, Materials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$56.9B$44.6B$43.0B$40.0B
Net income$4.6B$589.0M$1.1B−$2.6B
Operating cash flow$7.5B$5.2B$2.9B$1.0B
Free cash flow$5.7B$2.8B−$26.0M−$1.4B

Revenue, FY2017 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$40.0B ▼ 7.0% in FY2025

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Dow Inc., Midland, MI · from the 10-K filed Feb 3, 2026

Dow Inc. was incorporated on August 30, 2018, under Delaware law, to serve as a holding company for The Dow Chemical Company and its consolidated subsidiaries ("TDCC" and together with Dow Inc., "Dow" or the "Company"). Dow Inc. operates all of its businesses through TDCC, a wholly owned subsidiary, which was incorporated in 1947 under Delaware law and is the successor to a Michigan corporation, of the same name, organized in 1897. The Company's principal executive offices are located at 2211 H.H. Dow Way, Midland, Michigan 48674.

Headquarters
Midland, MI
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 22, 2026
Incorporated in
DE

Employees, at the top of the page: "Dow operates manufacturing sites in 29 countries and employs approximately 34,600 people" (10-K). Address and exchange: SEC's company file.

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Sources

The 10-K filed Feb 3, 2026 (open at SEC), compared with the 10-K filed Feb 4, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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