DOW
Dow Inc.Previous close
34.70
Change
+1.08 / +3.21%
P/E (TTM) ?
—
Market Cap
$25.0B
1M
+26.00%
S&P 500 −0.91% over same period
Volume / Avg Volume
11.1M / 9.3M
1.18× average
Latest earnings analysisFY2026 Q3Reported 2026-10-22
Dow Q3 2026: sales up 13.0%, gross margin jumps to 12.2%
Dow's third quarter of 2026 was a price story that worked: sales rose 13.0% to $11.27 billion and gross margin nearly doubled to 12.2%, turning a year-ago operating loss into $0.71 of operating EPS. Read this as a margin-recovery quarter, not a volume quarter, because volume fell 1.0%. The balance sheet still carries $16.78 billion of long-term debt against $4.14 billion of cash.
Read the full analysis →Revenue$11.27BYoY +13.00%
EPS (non-GAAP)$0.71Beatest. $0.64
Next-day move+4.71%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q3 Quarter ended 2026-09 | 2026-10-22 | $11.3B | Read analysis → |
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-23 | $12.1B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-23 | $9.8B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-01-29 | $40.0B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-23 | $10.0B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-24 | $10.1B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-24 | $10.4B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
A 5-year P/E range needs a longer earnings record; not yet comparable
Last 4 quarters: $0 in buybacks + $752M in dividends, 3.01% of market cap combined
P/E (TTM)
—
P/B
1.5
P/S
0.6
Dividend Yield
5.42%
Earnings Reaction
Over the last 7 reports, the stock moved ±2.0% on average on the first trading day after, rising 6 times
Most recent +4.71%
Volatility & Correlation
1-year beta -0.38 · Correlation with S&P 500 -0.12Low beta
Annualized volatility 42% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
No open-market buys or sells by officers or directors in the last 90 days.
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 11.27 | +13.0% | 12.2% | 0.46 | 0.62 |
| FY2026 Q1 | 9.79 | −6.1% | 6.5% | -0.53 | -0.74 |
| FY2025 Q4 | 9.46 | −9.1% | 5.8% | — | -2.16 |
| FY2025 Q3 | 9.97 | −8.3% | 7.3% | 0.06 | 0.08 |
| FY2025 Q2 | 10.10 | −7.4% | 5.8% | -0.84 | -1.18 |
| FY2025 Q1 | 10.43 | −3.1% | 6.4% | -0.31 | -0.44 |
| FY2024 Q4 | 10.41 | −2.0% | 9.0% | — | -0.08 |
| FY2024 Q3 | 10.88 | +1.4% | 9.8% | 0.21 | 0.30 |
| FY2024 Q2 | 10.92 | −4.4% | 12.1% | 0.44 | 0.62 |
| FY2024 Q1 | 10.77 | −9.2% | 11.9% | 0.52 | 0.73 |
| FY2023 Q4 | 10.62 | −10.4% | 9.2% | — | -0.15 |
| FY2023 Q3 | 10.73 | −24.0% | 10.6% | 0.30 | 0.42 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| DOW | — | +13.0% | 12.2% | +26.00% | Bullish |
| LIN | 32.0 | +9.2% | — | +8.34% | Bullish |
| NEM | 12.5 | +15.2% | — | −7.57% | Bullish |
| FCX | 30.5 | −8.1% | 30.0% | −10.76% | Bullish |
| ECL | 41.0 | +12.7% | 44.1% | +10.34% | Bullish |
| SHW | 29.9 | +7.9% | 47.8% | +2.89% | Bullish |
| APD | — | +4.6% | 32.8% | +13.73% | Neutral |
| NUE | 17.1 | +23.0% | 19.6% | +17.16% | Bullish |
| CRH | 15.6 | +3.0% | 38.8% | +9.67% | Bullish |