Dow (DOW)

S&P 500
$28.16 -1.23% on the day Market cap $20.3B 52-week range $20.65 to $42.74 Prices as of Oct 7, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Dow's free cash flow was negative in fiscal 2025, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

F

Five factors scored 1 to 9 from DOW's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation9
Profitability1
Growth0
Financial health3
Cash efficiency0

Key numbers

P/E (trailing)—
P/E (forward)—
Price / free cash flow—
EV / EBITDA—
Price / sales0.52x
Price / book—
Revenue growth-6.1%
Operating margin—
Net margin-7.1%
Return on equity-18.2%
Dividend yield—
Debt / equity2.82x

Results from SEC filings

Fiscal years, from Dow's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20212022202320242025
Revenue$55.0B$56.9B$44.6B$43.0B$40.0B
Net income$6.3B$4.6B$589M$1.1B-$2.6B
Free cash flow$5.5B$5.7B$2.8B-$26M-$1.4B
EPS (diluted)$8.38$6.28$0.82$1.57-$3.70
Operating margin—————

Where the revenue comes from

Revenue by segments, fiscal 2025.

Packaging & Specialty Plastics$20.0B51%
Industrial Intermediates & Infrastructure$11.2B28%
Performance Materials & Coatings$8.1B21%

Superinvestors who own DOW

From each investor's latest 13F filing (what a 13F shows). 6 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Cliff Asness
AQR Capital Management
Added $430M0.15%Q2 2026
Richard Pzena
Pzena Investment Management
Trimmed $342M1.0%Q2 2026
PRIMECAP Management
PRIMECAP Management Co
Trimmed $62M0.04%Q2 2026
Joel Greenblatt
Gotham Asset Management
Trimmed $7M0.02%Q2 2026
Jean-Marie Eveillard
First Eagle Investment Management
New position $1M0.00%Q2 2026
Dodge & Cox
Dodge & Cox
Trimmed $249,3590.0%Q2 2026

Insider buying

Open-market purchases by Dow's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of DOW in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Dow insiders buying the stock?

No open-market insider purchases of DOW in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own Dow?

6 of the superinvestors Investingly tracks hold DOW in their latest 13F, including Cliff Asness, Richard Pzena, PRIMECAP Management.

Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.