Dow Inc. (DOW)DOWDow Inc.

Balance Sheet

Assets, liabilities, and equity analysis

Quarterly Balance Sheet (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Total Current Assets	19.47B	19.47B	18.06B	19.65B	17.71B	16.33B	16.59B	17.98B	18.05B
Cash & Cash Equivalents	4.11B	4.11B	3.82B	4.61B	2.52B	1.47B	2.19B	2.88B	3.34B
Short-Term Investments	0.00	0.00	0.00	0.00	307.00M	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	4.11B	4.11B	3.82B	4.61B	2.82B	1.47B	2.19B	2.88B	3.34B
Accounts Receivable	7.41B	7.41B	6.64B	7.16B	7.65B	7.18B	6.86B	7.32B	7.08B
Inventory	6.78B	6.78B	6.59B	6.67B	6.70B	6.76B	6.54B	6.74B	6.46B
Total Assets	59.78B	59.78B	58.54B	60.99B	58.99B	57.50B	57.31B	59.39B	58.53B
Property, Plant & Equipment	22.11B	22.11B	23.61B	23.85B	23.72B	23.65B	23.27B	23.39B	22.91B
Goodwill	7.95B	7.95B	7.98B	8.69B	8.70B	8.62B	8.56B	8.68B	8.56B
Intangible Assets	1.43B	1.43B	1.49B	1.55B	1.61B	1.65B	1.72B	1.84B	1.88B
Long-Term Investments	4.59B	4.59B	3.02B	4.49B	4.50B	4.09B	4.30B	4.16B	4.08B
Total Current Liabilities	10.54B	10.54B	9.18B	10.10B	10.49B	10.59B	10.29B	10.83B	10.31B
Accounts Payable	4.77B	4.77B	4.15B	4.54B	4.94B	4.92B	4.85B	5.09B	4.98B
Short-Term Debt	881.00M	881.00M	312.00M	546.00M	550.00M	638.00M	632.00M	407.00M	352.00M
Total Liabilities	43.02B	43.02B	41.02B	41.93B	40.40B	40.20B	39.46B	40.55B	39.73B
Long-Term Debt	17.25B	17.25B	16.72B	16.63B	15.18B	14.95B	14.77B	16.16B	16.02B
Total Debt	19.63B	19.63B	19.60B	19.63B	18.10B	17.92B	17.64B	17.91B	17.72B
Net Debt (Cash)	15.52B	15.52B	15.78B	15.02B	15.59B	16.46B	15.46B	15.03B	14.38B
Total Shareholders' Equity	15.25B	15.25B	16.01B	17.54B	17.23B	16.79B	17.36B	18.31B	18.32B
Common Stock	8.00M	8.00M	8.00M	8.00M	8.00M	8.00M	8.00M	8.00M	8.00M
Retained Earnings	15.99B	15.99B	16.78B	18.58B	18.77B	20.10B	20.91B	21.46B	21.74B
Current Ratio	1.85	1.85	1.97	1.94	1.69	1.54	1.61	1.66	1.75
Debt to Equity Ratio	1.29	1.29	1.22	1.12	1.05	1.07	1.02	0.98	0.97

Annual Balance Sheet (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	18.06B	16.59B	17.61B	20.48B	20.85B	19.08B	16.82B	25.26B
Cash & Cash Equivalents	3.82B	2.19B	2.99B	3.89B	2.99B	5.10B	2.37B	2.72B
Short-Term Investments	0.00	383.00M	0.00	0.00	0.00	0.00	0.00	100.00M
Cash & Short-Term Investments	3.82B	2.57B	2.99B	3.89B	2.99B	5.10B	2.37B	2.82B
Accounts Receivable	6.64B	6.86B	6.61B	7.75B	9.55B	7.39B	7.55B	9.04B
Inventory	6.59B	6.54B	6.08B	6.99B	7.37B	5.70B	6.21B	9.26B
Total Assets	58.54B	57.31B	57.97B	60.60B	62.99B	61.47B	60.52B	77.38B
Property, Plant & Equipment	23.61B	23.27B	22.39B	21.67B	21.97B	22.09B	23.07B	23.66B
Goodwill	7.98B	8.56B	8.64B	8.64B	8.76B	8.91B	8.80B	13.85B
Intangible Assets	1.49B	1.72B	2.07B	2.44B	2.88B	3.35B	3.76B	4.91B
Long-Term Investments	3.02B	4.68B	4.01B	4.38B	5.24B	4.10B	3.99B	5.97B
Total Current Liabilities	9.18B	10.29B	9.96B	11.33B	13.23B	11.11B	10.68B	13.76B
Accounts Payable	4.15B	4.85B	4.53B	4.94B	5.58B	3.76B	3.89B	4.46B
Short-Term Debt	312.00M	632.00M	179.00M	724.00M	392.00M	616.00M	1.02B	636.00M
Total Liabilities	41.02B	39.46B	38.86B	39.36B	44.25B	48.47B	46.43B	49.41B
Long-Term Debt	16.72B	14.77B	14.03B	13.91B	13.41B	15.97B	15.97B	19.25B
Total Debt	19.60B	17.64B	16.45B	16.71B	16.14B	19.04B	19.16B	19.90B
Net Debt (Cash)	15.78B	15.46B	13.46B	12.82B	13.15B	13.94B	16.79B	17.16B
Total Shareholders' Equity	16.01B	17.36B	18.61B	20.72B	18.16B	12.44B	13.54B	26.83B
Common Stock	8.00M	8.00M	8.00M	8.00M	8.00M	8.00M	8.00M	0.00
Retained Earnings	16.78B	20.91B	21.77B	23.18B	20.62B	16.36B	17.05B	29.81B
Current Ratio	1.97	1.61	1.77	1.81	1.58	1.72	1.57	1.84
Debt to Equity Ratio	1.22	1.02	0.88	0.81	0.89	1.53	1.41	0.74

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Dow Inc.

Dow Inc. is a global leader in materials science, delivering diverse solutions for key industries such as packaging, infrastructure development, mobility, and consumer products. The company's reach extends across numerous regions, including the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. Its operations are structured into three main divisions: Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings. The Packaging & Specialty Plastics segment is responsible for producing foundational chemicals like ethylene, propylene, and aromatics, along with a range of polymers including polyethylene, polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubbers. The Industrial Intermediates & Infrastructure segment offers a broad spectrum of products, from ethylene and propylene oxides, propylene glycol, and polyether polyols to aromatic isocyanates and comprehensive polyurethane systems. This division also provides coatings, adhesives, sealants, elastomers, and composite materials, alongside essential chemicals such as caustic soda, ethylene dichloride, and vinyl chloride monomers. Additionally, it supplies specialized products like cellulose ethers, redispersible latex powders, and acrylic emulsions. The Performance Materials & Coatings division focuses on architectural and industrial paint and coating solutions, catering to diverse applications including maintenance, protective finishes, wood, metal packaging, traffic markings, thermal paper, and leather goods. This segment also develops high-performance silicones, specialty materials, and the necessary feedstocks and intermediates for silicone production. In addition to its core materials science endeavors, Dow Inc. also engages in the property and casualty insurance, and reinsurance businesses. The company was founded in 2018 and is headquartered in Midland, Michigan.

Midland, MI

34,600 employees

www.dow.com

Basic Materials / Chemicals

Sector: Basic Materials
Industry: Chemicals
CEO: Karen S. Carter

View full financials