Overview
Jan 1, 2019Founded1
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- TickerDOW on NYSE1
- Industrychemical industry1
- HeadquartersMidland1
- Websitewww.dow.com
- Legal formDelaware corporation1
- Incorporated inDE5
- Business address2211 H.H. Dow Way, Midland, Mi 486745
- Filer categoryLarge accelerated filer5
- LEI5493003S21INSLK2IP733
- StatusActive3
- LEI statusIssued and current3
- Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States3
- Registered withDivision of Corporations, Department of State, 70205503
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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 48674.7 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Packaging & Specialty Plastics brought in 50% of the revenue Dow Inc. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Packaging & Specialty Plastics | $23.1B | $21.8B | $20.0B |
| Industrial Intermediates & Infrastructure | $12.5B | $11.9B | $11.2B |
| Performance Materials & Coatings | $8.5B | $8.6B | $8.1B |
| Corporate | $438.0M | $745.0M | $701.0M |
Regions
U.S.& Canada brought in 20% of the revenue Dow Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| U.S.& Canada | $16.6B | $16.4B | $15.8B |
| United States | $15.3B | $15.3B | $14.7B |
| Rest of World | $14.8B | $13.7B | $12.7B |
| Europe, Middle East, Africa And India | $14.5B | $14.0B | $12.6B |
| Europe middle east africaand india | $14.5B | $14.0B | $12.6B |
| Asia Pacific | $8.3B | $7.7B | $7.2B |
| Latin America | $5.2B | $4.9B | $4.4B |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue94¢$37.4B
- Selling, general and admin3¢$1.4B
- Other costs3¢$1.1B
- Income tax0¢$67.0M
Out of $40.0B in revenue.8 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Dividends paid100¢$1.5B
Out of $1.0B of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.8
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net sales | $40.0B | $43.0B | $44.6B |
| Cost of sales | $37.4B | $38.4B | $39.7B |
| Research and development expenses | $752.0M | $810.0M | $829.0M |
| Selling, general and administrative expenses | $1.4B | $1.6B | $1.6B |
| Amortization of intangibles | $231.0M | $310.0M | $324.0M |
| Restructuring, goodwill impairment and asset related charges - net | $1.9B | $103.0M | $528.0M |
| Equity in losses of nonconsolidated affiliates | -$240.0M | -$6.0M | -$119.0M |
| Sundry income (expense) - net | $140.0M | $415.0M | -$280.0M |
| Interest income | $152.0M | $200.0M | $229.0M |
| Interest expense and amortization of debt discount | $865.0M | $811.0M | $746.0M |
| Income (loss) before income taxes | -$2.5B | $1.6B | $656.0M |
| Provision (credit) for income taxes | -$67.0M | $399.0M | -$4.0M |
| Net income (loss) | -$2.4B | $1.2B | $660.0M |
| Net income attributable to noncontrolling interests | $179.0M | $85.0M | $71.0M |
| Net income (loss) available for The Dow Chemical Company common stockholder | -$2.6B | $1.1B | $589.0M |
| Earnings (loss) per common share - basic | -$3.70 | $1.57 | $0.82 |
| Earnings (loss) per common share - diluted | -$3.70 | $1.57 | $0.82 |
| Weighted-average common shares outstanding - basic | 711.6M shares | 703.8M shares | 705.7M shares |
| Weighted-average common shares outstanding - diluted | 711.6M shares | 705.1M shares | 709.0M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $3.8B | $2.2B | $3.0B |
| Trade (net of allowance for doubtful receivables - 2025: $59; 2024: $95) | $4.8B | $4.8B | |
| Other Receivables | $1.9B | $2.1B | |
| Inventories | $6.6B | $6.5B | |
| Other current assets | $1.0B | $993.0M | |
| Investment in nonconsolidated affiliates | $1.3B | $1.3B | $1.3B |
| Other investments (investments carried at fair value - 2025: $2,212; 2024: $2,047) | $3.0B | $3.0B | |
| Noncurrent receivables | $309.0M | $380.0M | |
| Total investments | $4.6B | $4.7B | |
| Property | $65.9B | $62.1B | |
| Less: Accumulated depreciation | $43.6B | $40.1B | |
| Net property | $22.2B | $22.0B | $21.1B |
| Goodwill | $8.0B | $8.6B | $8.6B |
| Other intangible assets (net of accumulated amortization - 2025: $5,727; 2024: $5,394) | $1.5B | $1.7B | |
| Operating lease right-of-use assets | $1.4B | $1.3B | |
| Deferred income tax assets | $1.5B | $1.3B | |
| Deferred charges and other assets | $1.3B | $1.2B | |
| Total Assets | $58.5B | $57.3B | $58.0B |
| Notes payable | $90.0M | $135.0M | |
| Long-term debt due within one year | $222.0M | $497.0M | |
| Accounts Payable, Trade | $4.2B | $4.8B | |
| Accounts Payable, Other | $1.4B | $1.7B | |
| Operating lease liabilities - current | $340.0M | $318.0M | |
| Income taxes payable | $337.0M | $276.0M | |
| Accrued and other current liabilities | $2.6B | $2.5B | |
| Total current liabilities (variable interest entities restricted - 2025: $438; 2024: $24) | $9.2B | $10.3B | |
| Long-Term Debt (variable interest entities restricted - 2025: $190; 2024: $) | $17.8B | $15.7B | |
| Deferred income tax liabilities | $364.0M | $392.0M | |
| Pension and other postretirement benefits - noncurrent | $4.7B | $4.7B | |
| Asbestos-related liabilities - noncurrent | $628.0M | $713.0M | |
| Operating lease liabilities - noncurrent | $1.1B | $984.0M | |
| Other noncurrent obligations | $7.2B | $6.6B | |
| Total other noncurrent liabilities (variable interest entities restricted - 2025: $364; 2024: $13) | $14.0B | $13.5B | |
| Common stock (authorized and issued 100 shares of $0.01 par value each) | $8.0M | $8.0M | |
| Additional paid-in capital | $11.1B | $9.2B | |
| Retained earnings | $16.8B | $20.9B | |
| Accumulated other comprehensive loss | -$7.7B | -$8.1B | |
| Treasury stock at cost (2025: 73,065,152 shares; 2024: 80,859,145 shares) | -$4.2B | -$4.7B | |
| Dow Inc.s stockholders equity | $16.0B | $17.4B | $18.6B |
| Noncontrolling interests | $1.5B | $496.0M | $501.0M |
| Total equity | $17.5B | $17.9B | $19.1B |
| Total Liabilities and Equity | $58.5B | $57.3B | |
| Allowance for doubtful receivables | $59.0M | $95.0M | |
| Investments carried at fair value | $2.2B | $2.0B | |
| Other intangible assets, accumulated amortization | $5.7B | $5.4B | |
| Common stock authorized (in shares) | 5.0B shares | 5.0B shares | |
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | |
| Common stock issued (in shares) | 790.3M shares | 784.5M shares | |
| Treasury Stock, Common, Shares | 73.1M shares | 80.9M shares | |
| Total current assets (variable interest entities restricted - 2025: $228; 2024: $55) | $18.1B | $16.6B | |
| Total other assets (variable interest entities restricted - 2025: $226; 2024: $15) | $13.6B | $14.0B |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $3.8B | $2.2B | $3.0B |
| Trade (net of allowance for doubtful receivables - 2025: $59; 2024: $95) | $4.8B | $4.8B | |
| Other Receivables | $1.9B | $2.1B | |
| Inventories | $6.6B | $6.5B | |
| Other current assets | $1.0B | $993.0M | |
| Investment in nonconsolidated affiliates | $1.3B | $1.3B | $1.3B |
| Other investments (investments carried at fair value - 2025: $2,212; 2024: $2,047) | $3.0B | $3.0B | |
| Noncurrent receivables | $309.0M | $380.0M | |
| Total investments | $4.6B | $4.7B | |
| Property | $65.9B | $62.1B | |
| Less: Accumulated depreciation | $43.6B | $40.1B | |
| Net property | $22.2B | $22.0B | $21.1B |
| Goodwill | $8.0B | $8.6B | $8.6B |
| Other intangible assets (net of accumulated amortization - 2025: $5,727; 2024: $5,394) | $1.5B | $1.7B | |
| Operating lease right-of-use assets | $1.4B | $1.3B | |
| Deferred income tax assets | $1.5B | $1.3B | |
| Deferred charges and other assets | $1.3B | $1.2B | |
| Total Assets | $58.5B | $57.3B | $58.0B |
| Notes payable | $90.0M | $135.0M | |
| Long-term debt due within one year | $222.0M | $497.0M | |
| Accounts Payable, Trade | $4.2B | $4.8B | |
| Accounts Payable, Other | $1.4B | $1.7B | |
| Operating lease liabilities - current | $340.0M | $318.0M | |
| Income taxes payable | $337.0M | $276.0M | |
| Accrued and other current liabilities | $2.6B | $2.5B | |
| Total current liabilities (variable interest entities restricted - 2025: $438; 2024: $24) | $9.2B | $10.3B | |
| Long-Term Debt (variable interest entities restricted - 2025: $190; 2024: $) | $17.8B | $15.7B | |
| Deferred income tax liabilities | $364.0M | $392.0M | |
| Pension and other postretirement benefits - noncurrent | $4.7B | $4.7B | |
| Asbestos-related liabilities - noncurrent | $628.0M | $713.0M | |
| Operating lease liabilities - noncurrent | $1.1B | $984.0M | |
| Other noncurrent obligations | $7.2B | $6.6B | |
| Total other noncurrent liabilities (variable interest entities restricted - 2025: $364; 2024: $13) | $14.0B | $13.5B | |
| Common stock (authorized and issued 100 shares of $0.01 par value each) | $8.0M | $8.0M | |
| Additional paid-in capital | $11.1B | $9.2B | |
| Retained earnings | $16.8B | $20.9B | |
| Accumulated other comprehensive loss | -$7.7B | -$8.1B | |
| Treasury stock at cost (2025: 73,065,152 shares; 2024: 80,859,145 shares) | -$4.2B | -$4.7B | |
| Dow Inc.s stockholders equity | $16.0B | $17.4B | $18.6B |
| Noncontrolling interests | $1.5B | $496.0M | $501.0M |
| Total equity | $17.5B | $17.9B | $19.1B |
| Total Liabilities and Equity | $58.5B | $57.3B | |
| Allowance for doubtful receivables | $59.0M | $95.0M | |
| Investments carried at fair value | $2.2B | $2.0B | |
| Other intangible assets, accumulated amortization | $5.7B | $5.4B | |
| Common stock authorized (in shares) | 5.0B shares | 5.0B shares | |
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | |
| Common stock issued (in shares) | 790.3M shares | 784.5M shares | |
| Treasury Stock, Common, Shares | 73.1M shares | 80.9M shares | |
| Total current assets (variable interest entities restricted - 2025: $228; 2024: $55) | $18.1B | $16.6B | |
| Total other assets (variable interest entities restricted - 2025: $226; 2024: $15) | $13.6B | $14.0B |
Every line of the cash flow as filed: the last 3 fiscal years, latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | -$2.4B | $1.2B | $660.0M |
| Depreciation and amortization | $2.8B | $2.9B | $2.6B |
| Provision (Credit) for deferred income tax | -$341.0M | $135.0M | -$1.2B |
| Earnings of nonconsolidated affiliates less than (in excess of) dividends received | $439.0M | $348.0M | $387.0M |
| Net periodic pension benefit cost | -$95.0M | -$210.0M | $548.0M |
| Pension contributions | -$209.0M | -$121.0M | -$142.0M |
| Net gain on sales of assets, businesses and investments | -$220.0M | -$65.0M | -$70.0M |
| Restructuring, goodwill impairment and asset related charges - net | $1.9B | $103.0M | $528.0M |
| Other net loss | $440.0M | $239.0M | $796.0M |
| Accounts and notes receivable | $73.0M | -$224.0M | $1.2B |
| Inventories | -$52.0M | -$529.0M | $844.0M |
| Accounts payable | -$999.0M | $278.0M | -$734.0M |
| Other assets and liabilities, net | -$220.0M | -$1.1B | -$203.0M |
| Cash provided by operating activities - continuing operations | $1.1B | $2.9B | $5.2B |
| Cash provided by (used for) operating activities - discontinued operations | -$30.0M | $11.0M | $32.0M |
| Cash provided by (used for) operating activities | $1.0B | $2.9B | $5.2B |
| Capital expenditures | -$2.5B | -$2.9B | -$2.4B |
| Proceeds from incentives related to capital expenditures | $145.0M | $0 | $0 |
| Cash flow hedging related to capital expenditures | -$40.0M | $0 | $0 |
| Investment in gas field developments | -$157.0M | -$203.0M | -$215.0M |
| Purchases of previously leased assets | $0 | $0 | -$7.0M |
| Proceeds from sales of property and businesses, net of cash divested | $139.0M | $234.0M | $95.0M |
| Acquisitions of property and businesses, net of cash acquired | $0 | -$125.0M | -$114.0M |
| Investments in and loans to nonconsolidated affiliates | -$32.0M | -$28.0M | -$5.0M |
| Distributions and loan repayments from nonconsolidated affiliates | $0 | $0 | $2.0M |
| Proceeds from Sale of Equity Method Investments | $125.0M | $0 | $63.0M |
| Purchases of investments | -$881.0M | -$1.8B | -$2.3B |
| Proceeds from sales and maturities of investments | $1.0B | $2.5B | $2.0B |
| Other investing activities, net | $32.0M | -$33.0M | -$61.0M |
| Cash provided by (used for) investing activities | -$2.1B | -$2.4B | -$2.9B |
| Changes in short-term notes payable | -$5.0M | -$61.0M | -$249.0M |
| Proceeds from Short-term Debt, Maturing in More than Three Months | $64.0M | $143.0M | $0 |
| Repayments of Short-term Debt, Maturing in More than Three Months | -$63.0M | -$17.0M | $0 |
| Proceeds from issuance of long-term debt | $2.8B | $1.5B | $104.0M |
| Payments on long-term debt | -$1.5B | -$267.0M | -$446.0M |
| Proceeds from (Repayments of) Accounts Receivable Securitization | -$9.0M | -$9.0M | $18.0M |
| Purchases of treasury stock | $0 | -$494.0M | -$625.0M |
| Proceeds from issuance of parent company stock | $85.0M | $166.0M | $188.0M |
| Transaction financing, debt issuance and other costs | -$137.0M | -$14.0M | -$2.0M |
| Employee taxes paid for share-based payment arrangements | -$18.0M | -$39.0M | -$42.0M |
| Distributions to noncontrolling interests | -$173.0M | -$77.0M | -$89.0M |
| Proceeds from Noncontrolling Interests | $2.9B | $0 | $0 |
| Dividends paid to stockholders | -$1.5B | -$2.0B | -$2.0B |
| Other financing activities, net | -$6.0M | $0 | $0 |
| Cash used for financing activities | $2.5B | -$1.2B | -$3.1B |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | $275.0M | -$163.0M | -$45.0M |
| Increase (decrease) in cash, cash equivalents and restricted cash | $1.7B | -$785.0M | -$892.0M |
No quarter-by-quarter statement was filed.
Corporate structure
Dow Inc. sits at the top of its group. 313 entities, 57 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Dow Inc.
- State Street Corporation Filed SCHEDULE 13G on Dow Inc., latest Aug 7, 2026 (5 filings since Feb 10, 2022)
- VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Dow Inc., latest Apr 29, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Dow Inc., latest Mar 26, 2026 (7 filings since Feb 9, 2022)
- BlackRock Filed SC 13G/A on Dow Inc., latest Jan 26, 2024 (3 filings since Feb 3, 2022)
- Capital World Investors Filed SC 13G/A on Dow Inc., latest Feb 11, 2022
- Dow Inc. New York, New York, United States
- Dow Benelux Rotterdam, Netherlands
- Dow Chemical Company Midland, Michigan, United States
- Dow (Brasil) Subsidiary · São Paulo, Brazil
- Dow Chemical (India) Subsidiary · Mumbai, India
- Dow Wolff Cellulosics(United States) Subsidiary · Midland, United States
- Agrigenetics, Inc. Subsidiary · Indianapolis, Indiana, United States
- COÖPERATIEVE DC PRISMA HOLDING U.A. Subsidiary · Terneuzen, Netherlands
- DC GALAXY HOLDING C.V. Subsidiary · Terneuzen, Netherlands
- DC JAPAN HOLDINGS B.V. Subsidiary · Amsterdam, Netherlands
- DC MIT HOLDINGS B.V. Subsidiary · Amsterdam, Netherlands
- DC SPECTRUM HOLDING C.V. Subsidiary · Terneuzen, Netherlands
- DONEDPA B.V. Subsidiary · Terneuzen, Netherlands
- DOW AGROSCIENCES B.V. Subsidiary · Terneuzen, Netherlands
- DOW AGROSCIENCES DISTRIBUTION Subsidiary · Montigny Le Bretonneux, France
- DOW AGROSCIENCES GMBH Subsidiary · Stade, Germany
- DOW AGROSCIENCES HUNGARY NÖVÉNYVÉDŐSZER KERESKEDELMI KORLÁTOLT FELELŐSSÉGŰ TÁRSASÁG Subsidiary · Budapest, Hungary
- DOW AGROSCIENCES IBERICA SA Subsidiary · Madrid, Spain
- DOW AGROSCIENCES ITALIA S.R.L. Subsidiary · Milan, Italy
- DOW AGROSCIENCES LIMITED Subsidiary · Hitchin, United Kingdom
- DOW AGROSCIENCES POLSKA SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ Subsidiary · Warsaw, Poland
- DOW AGROSCIENCES S.A.S. Subsidiary · Montigny Le Bretonneux, France
- DOW AGROSCIENCES S.R.O. Subsidiary · Prague, Czechia
- DOW AGROSCIENCES VERTRIEBSGESELLSCHAFT M.B.H. Subsidiary · Vienna, Austria
- DOW BELGIUM Subsidiary · Antwerp, Belgium
- DOW BENELUX INTEGRATED CENTER B.V, Subsidiary · Terneuzen, Netherlands
- Dow Chemical Canada ULC Subsidiary · Calgary, Alberta, Canada
- Dow Chemical Company (South Korea) Subsidiary · South Korea
- and 34 more
- Dow Chemical Ibérica SL Madrid, Spain
- AgroFresh Solutions, Inc. Stake · Philadelphia, Pennsylvania, United States
- 3308597 Nova Scotia Company Subsidiary · Canada
- American Mortell Corporation Subsidiary · Texas, United States
- BASF DOW HPPO B.V. Subsidiary · Netherlands
- BASF DOW HPPO Technology B.V. Subsidiary · Netherlands
- Battleground Water Company Subsidiary · Texas, United States
- Beijing Eastern Rohm and Haas Company Limited Subsidiary · China
- Calidria Corporation Subsidiary · Delaware, United States
- Carbide Chemical (Thailand) Limited Subsidiary · Thailand
- Cayuse Pipeline, LLC Subsidiary · Texas, United States
- Chemars III LLC Subsidiary · Delaware, United States
- Circulus Holdings, LLC Subsidiary · Delaware, United States
- Corteva Agriscience Denmark A/S Subsidiary · København, Denmark
- DC Alabama, Inc. Subsidiary · Delaware, United States
- DCC Litigation Facility, Inc. Subsidiary · Delaware, United States
- DCOMCO, Inc. Subsidiary · Delaware, United States
- Devonshire Underwriters Ltd. Subsidiary · the District of Columbia, United States
- Diamond Reinsurance Company Inc. Subsidiary · Vermont, United States
- DORINCO REINSURANCE COMPANY Subsidiary · Midland, Michigan, United States
- DORINTAL REINSURANCE LIMITED Subsidiary · Burlington, Vermont, United States
- Dow (Shanghai) Holding Co., Ltd. Subsidiary · China
- Dow (Zhangjiagang) Holding Co., Ltd. Subsidiary · China
- and 221 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G; stakes of 5% or more it reported on Schedules 13D and 13G (1 companies). Each entity in the chart links to its source.
What it owns
What Dow Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $65.9B8 Dec 31, 2025 | $62.1B8 Dec 31, 2024 | +6.0% |
| Accumulated depreciation | $43.6B8 Dec 31, 2025 | $40.1B8 Dec 31, 2024 | +8.7% |
| Property and equipment, net | $22.2B8 Dec 31, 2025 | $22.0B8 Dec 31, 2024 | +1.1% |
| Operating-lease assets (leased space) | $1.4B8 Dec 31, 2025 | $1.3B8 Dec 31, 2024 | +6.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $3.8B8 Dec 31, 2025 | $2.2B8 Dec 31, 2024 | +74.3% |
| Debt securities available for sale | $2.2B8 Dec 31, 2025 | $2.0B11 Dec 31, 2024 | +8.4% |
| Stakes in other companies (equity method) | $1.3B8 Dec 31, 2025 | $1.3B8 Dec 31, 2024 | −0.2% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $8.0B8 Dec 31, 2025 | $8.6B8 Dec 31, 2024 | −6.9% |
| Intangible assets, net (excluding goodwill) | $1.5B8 Dec 31, 2025 | $1.7B8 Dec 31, 2024 | −13.7% |
| Accumulated amortization | $5.7B8 Dec 31, 2025 | $5.4B8 Dec 31, 2024 | +6.2% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $6.6B8 Dec 31, 2025 | $6.5B8 Dec 31, 2024 | +0.8% |
| Raw materials | $826.0M8 Dec 31, 2025 | $822.0M8 Dec 31, 2024 | +0.5% |
| Work in process | $1.2B8 Dec 31, 2025 | $1.3B8 Dec 31, 2024 | −6.3% |
| Finished goods | $3.7B8 Dec 31, 2025 | $3.8B8 Dec 31, 2024 | −1.0% |
| Supplies | $1.2B8 Dec 31, 2025 | $1.0B8 Dec 31, 2024 | +13.7% |
Properties, in its own words
The Company's corporate headquarters are located in Midland, Michigan. The Company's manufacturing, processing, marketing and research and development facilities, as well as regional purchasing offices and distribution centers are located throughout the world. The Company has investments in property, plant and equipment related to global manufacturing operations. Collectively, the Company operates 91 manufacturing sites in 29 countries. The following table includes the major manufacturing sites by operating segment, including consolidated variable interest entities:
Major Manufacturing Sites by Segment · Packaging & Specialty Plastics · Industrial Intermediates & Infrastructure · Performance Materials & Coatings
The rest of Item 2
Location
Bahia Blanca, Argentina · X
Candeias, Brazil · X · X
Canada:
Fort Saskatchewan, Alberta · X
Prentiss, Alberta · X
Joffre, Alberta · X
Zhangjiagang, China · X · X · X
Germany:
Boehlen · X · X
Leuna · X
Schkopau · X · X
Stade · X
Terneuzen, The Netherlands · X · X
Tarragona, Spain · X · X
Map Ta Phut, Thailand · X · X
Barry, United Kingdom · X
United States:
Carrollton, Kentucky · X
Hahnville, Louisiana · X · X · X
Plaquemine, Louisiana · X · X
Deer Park, Texas · X · X
Freeport, Texas · X · X · X
Orange, Texas · X
Seadrift, Texas · X · X
Texas City, Texas · X · X
Including the major manufacturing sites, the Company has manufacturing sites and holdings in all geographic regions as follows:
Manufacturing Sites by Region
Asia Pacific · 15 manufacturing sites in 10 countries
EMEAI 1 · 31 manufacturing sites in 13 countries
Latin America · 13 manufacturing sites in 4 countries
U.S. & Canada · 32 manufacturing sites in 2 countries
1.Europe, Middle East, Africa and India.
Properties of the Company include facilities which, in the opinion of management, are suitable and adequate for their use and will have sufficient capacity for the Company’s current needs and expected near-term growth. All of the Company’s plants are owned or leased, subject to certain easements of other persons which, in the opinion of management, do not substantially interfere with the continued use of such properties or materially affect their value. No title examination of the properties has been made for the purpose of this report. Additional information with respect to the Company's property, plant and equipment and leases is contained in Notes 10, 14 and 16 to the Consolidated Financial Statements.
Item 2 of the 10-K filed Feb 3, 2026.7
Leadership
Who has led Dow Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
20202025
- Chief executive officerKaren S. Carter Jul 6, 2026 to now19
- Chief executive officerJim Fitterling Mar 12, 2019 to Jul 6, 202620
- ChairJim Fitterling Sep 17, 2020 to now21
- PresidentMattos Cunha Neto Nestor De Aug 14, 2026 to now22
- PresidentPhilo Brendy Lange Apr 9, 2024 to Dec 12, 202423
- PresidentBruggencate Marco Ten Dec 12, 2024 to Aug 14, 202624
- PresidentKeith Cleason Dec 12, 2024 to Aug 14, 202625
- PresidentKaren S. Carter Feb 13, 2023 to Feb 20, 202426
- PresidentDiego Donoso Apr 20, 2020 to Dec 6, 202227
- PresidentJack Broodo Apr 20, 2020 to Feb 28, 202228
- PresidentJane Palmieri Apr 20, 2020 to Dec 3, 202429
- PresidentMauro Gregorio Apr 20, 2020 to Feb 20, 202430
- PresidentHoward I. Ungerleider Mar 12, 2019 to Mar 15, 202331
- Chief financial officerJeffrey L. Tate Nov 7, 2023 to now32
- Chief financial officerHoward I. Ungerleider Mar 12, 2019 to Mar 15, 202331
- Chief operating officerKaren S. Carter Feb 12, 2025 to now33
Board members and other officers (23)
- Chief Tech & SustainabilityAndre Argenton Jan 9, 2026 to now34
- Controller and Vice PresidentAndrea L. Dominowski Feb 2, 2024 to now35
- Chief Human Resources OfficerLisa Bryant Dec 20, 2022 to now36
- Senior Vice PresidentJohn Maurice Sampson Jan 8, 2021 to now37
- OfficerAmy E. Wilson Apr 3, 2019 to Apr 4, 201938
- Senior Vice PresidentAttiganal N. Sreeram Apr 3, 2019 to now39
- Chief Human Resources OfficerKaren S. Carter Apr 3, 2019 to Nov 4, 202240
- Senior Vice PresidentPeter Holicki Apr 3, 2019 to Nov 25, 202041
- Controller and Vice PresidentRonald C. Edmonds Apr 3, 2019 to Dec 4, 202342
- Board memberKaren S. Carter Jul 6, 2026 to now19
- Board memberRebecca B. Liebert Apr 14, 2025 to now43
- Board memberDebra L. Dial Apr 19, 2021 to now44
- Board memberMejia Luis Alberto Moreno Apr 19, 2021 to now45
- Board memberHoward I. Ungerleider Mar 12, 2019 to Mar 12, 201931
- Board memberJim Fitterling Mar 12, 2019 to Mar 16, 202020
- Board memberJames A. Bell Mar 20, 2019 to Apr 13, 202046
- Board memberJacqueline C. Rast Apr 3, 2019 to now47
- Board memberJacqueline K. Barton Apr 3, 2019 to Apr 13, 202048
- Board memberRichard K. Davis Apr 3, 2019 to now49
- Board memberRuth G. Shaw Apr 3, 2019 to Apr 15, 201950
- Board memberWesley Bush Apr 3, 2019 to now51
- Board memberSamuel R. Allen Aug 12, 2019 to now52
- General counselAmy E. Wilson Feb 12, 2020 to now53
Subsidiaries and ownership
Subsidiaries
Subsidiaries (Exhibit 21)
- 3308597 Nova Scotia Company Canada6
- American Mortell Corporation Texas6
- BASF DOW HPPO B.V. Netherlands6
- BASF DOW HPPO Technology B.V. Netherlands6
- Battleground Water Company Texas6
- Beijing Eastern Rohm and Haas Company Limited China6
- Calidria Corporation Delaware6
- Carbide Chemical (Thailand) Limited Thailand6
- Cayuse Pipeline, LLC Texas6
- Chemars III LLC Delaware6
- Circulus Holdings, LLC Delaware6
- DC Alabama, Inc. Delaware6
- DCC Litigation Facility, Inc. Delaware6
- DCOMCO, Inc. Delaware6
- Devonshire Underwriters Ltd. District of Columbia6
- Diamond Reinsurance Company Inc. Vermont6
- Dorinco Reinsurance Company Michigan6
- Dorintal Reinsurance Limited Vermont6
- Dow (Shanghai) Holding Co., Ltd. China6
- Dow (Zhangjiagang) Holding Co., Ltd. China6
- Dow Asia Holding, LLC Delaware6
- Dow Asia Pacific Limited Delaware6
- Dow Austria Gesellschaft m.b.H. Austria6
- Dow Belgium B.V. Belgium6
All 226 listed subsidiaries
- Dow Benelux B.V. Netherlands6
- Dow Brasil Industria e Comercio de Produtos Quimicos Ltda. Brazil6
- Dow Brasil Sudeste Industrial Ltda. Brazil6
- Dow Canada Holding ULC Canada6
- Dow Canada Material Sciences ULC Canada6
- Dow Chemical (Australia) Pty Ltd Australia6
- Dow Chemical (China) Investment Company Limited China6
- Dow Chemical (Guangzhou) Company Limited China6
- Dow Chemical (Malaysia) Sdn. Bhd. Malaysia6
- Dow Chemical (Myanmar) Limited Myanmar6
- Dow Chemical (NZ) Limited New Zealand6
- Dow Chemical (Shanghai) Company Limited China6
- Dow Chemical (Sichuan) Co., Ltd. China6
- Dow Chemical (Zhangjiagang) Company Limited China6
- Dow Chemical Bangladesh Private Limited Bangladesh6
- Dow Chemical Canada ULC Canada6
- Dow Chemical Company Limited United Kingdom6
- Dow Chemical Costa Rica S.A. Costa Rica6
- Dow Chemical Delaware Corp. Delaware6
- Dow Chemical East Africa Limited Kenya6
- Dow Chemical IMEA GmbH Switzerland6
- Dow Chemical Iberica S.L. Spain6
- Dow Chemical International Ltd. Delaware6
- Dow Chemical International Private Limited India6
- Dow Chemical Japan Limited Japan6
- Dow Chemical Kuwait B.V. Netherlands6
- Dow Chemical OOO Russia6
- Dow Chemical Pacific (Singapore) Private Limited Singapore6
- Dow Chemical Pacific Limited Hong Kong6
- Dow Chemical Philippines, Inc. Philippines6
- Dow Chemical Romania S.R.L. Romania6
- Dow Chemical Services UK Limited United Kingdom6
- Dow Chemical Singapore Holdings Pte. Ltd. Singapore6
- Dow Chemical Taiwan Limited Taiwan6
- Dow Chemical Thailand Ltd. Thailand6
- Dow Chemical Vietnam Limited Liability Company Vietnam6
- Dow Danmark A/S Denmark6
- Dow Deutschland Anlagengesellschaft mbH Germany6
- Dow Deutschland Inc. Delaware6
- Dow Deutschland Verwaltungs Vertriebs GmbH Germany6
- Dow Egypt Services Limited Egypt6
- Dow Engineering Company Delaware6
- Dow Engineering, Inc. Michigan6
- Dow Europe GmbH Switzerland6
- Dow Europe Holding B.V. Netherlands6
- Dow Financial Services Inc. Delaware6
- Dow France S.A.S. France6
- Dow Global Financial Management, Inc. Delaware6
- Dow Global Holdings Netherlands B.V. Netherlands6
- Dow Global Holdings, Inc. Delaware6
- Dow Global Technologies LLC Delaware6
- Dow Hellas Single-Member AVEE Greece6
- Dow Hungary Kft. Hungary6
- Dow Hydrocarbons and Resources LLC Delaware6
- Dow Inc. Delaware6
- Dow Industrial Chemical Products Nigeria Limited Nigeria6
- Dow Infra Fund LLC Delaware6
- Dow Infra OpCo, LLC Delaware6
- Dow InfraCo, LLC Delaware6
- Dow InterBranch B.V. Netherlands6
- Dow International Finance Sàrl Switzerland6
- Dow International Holdings Company Delaware6
- Dow International Technology Corporation Delaware6
- Dow Intrastate Gas, LLC Louisiana6
- Dow Investment Argentina S.R.L. Argentina6
- Dow Italia Divisione Commerciale s.r.l. Italy6
- Dow Italia s.r.l. Italy6
- Dow Izolan OOO Russia6
- Dow MF Verwaltungs GmbH Germany6
- Dow Material Sciences Ltd. Israel6
- Dow Materials Science Saudi Arabia Limited Saudi Arabia6
- Dow Mideast Systems S.A.E. (JSC) Egypt6
- Dow Morocco SARL Morocco6
- Dow Multinational Holding 2 LLC Delaware6
- Dow Multinational Holding Inc. Delaware6
- Dow Netherlands Delta Holding C.V. Netherlands6
- Dow Netherlands Tulip Holding B.V. Netherlands6
- Dow Norge A/S Norway6
- Dow Olefinverbund GmbH Germany6
- Dow Performance Materials (Australia) Pty Ltd Australia6
- Dow Performance Materials (Shanghai) Co., Ltd. China6
- Dow Peru S.A. Peru6
- Dow Pipeline Gesellschaft mbH & Co. KG Germany6
- Dow Pipeline Verwaltungsgesellschaft mbH Germany6
- Dow Pipeline, LLC Texas6
- Dow Polska Sp.z.o.o. Poland6
- Dow Portugal - Produtos Quimicos, Sociedade Unipessoal, Lda Portugal6
- Dow Produktions und Vertriebs GmbH & Co. OHG Germany6
- Dow Quimica Mexicana S.A. de C.V. Mexico6
- Dow Quimica de Colombia S.A. Colombia6
- Dow Roofing Systems LLC Delaware6
- Dow Saudi Arabia Holding B.V. Netherlands6
- Dow Saudi Arabia Investment B.V. Netherlands6
- Dow Saudi Arabia Product Marketing B.V. Netherlands6
- Dow Services Trustees UK Limited United Kingdom6
- Dow Silicones (Shanghai) Co., Ltd. China6
- Dow Silicones (Zhangjiagang) Co., Ltd. China6
- Dow Silicones Belgium SRL Belgium6
- Dow Silicones Corporation Michigan6
- Dow Silicones Deutschland GmbH Germany6
- Dow Silicones UK Limited United Kingdom6
- Dow Siloxane (Zhangjiagang) Holding Co. Private Ltd. Singapore6
- Dow Siloxanes (Zhangjiagang) Co., Ltd. China6
- Dow Southern Africa (Pty) Ltd South Africa6
- Dow Stade Produktions GmbH & Co. OHG Germany6
- Dow Suomi OY Finland6
- Dow Sverige AB Sweden6
- Dow Switzerland Holding GmbH Switzerland6
- Dow Technology Investments LLC Delaware6
- Dow Toray Co., Ltd. Japan6
- Dow Transnational Holding LLC Delaware6
- Dow Turkiye Kimya Sanayi ve Ticaret Limited Sirketi Turkey6
- Dow Worldwide Holding Inc. Delaware6
- Dow Zeeland Holding B.V. Netherlands6
- Dow-Mitsui Polychemicals Company, Ltd Japan6
- EQUATE Marketing Company E.C. Bahrain6
- Essex Chemical Corporation New Jersey6
- Fort Saskatchewan Ethylene Storage Corporation Canada6
- Fort Saskatchewan Ethylene Storage Limited Partnership Canada6
- GWN Holding, LLC Delaware6
- General Latex and Chemical Corporation Massachusetts6
- H Hotel Holding LLC Delaware6
- HPPO Holding & Finance C.V. Netherlands6
- Hampshire Chemical Corp. Delaware6
- Hyperlast Limited United Kingdom6
- InduServ SB Anlagenverwaltung GmbH Germany6
- InduServ SB GmbH & Co. KG Germany6
- InduServ ST Anlagenverwaltung GmbH Germany6
- InduServ ST GmbH & Co. KG Germany6
- Industrienetzgesellschaft Schkopau mbH Germany6
- Japan Acrylic Chemical Co., Ltd. Japan6
- K/D/S Promix, LLC Texas6
- Liana Limited Delaware6
- Limited Liability Company "Dow Ukraine" Ukraine6
- Long Mott Energy LLC Delaware6
- MTP HPJV C.V. Netherlands6
- MTP HPJV Management B.V. Netherlands6
- MVCC Limited Partnership Delaware6
- Mortell Company Delaware6
- Morton International, LLC Indiana6
- PBBPolisur S.R.L. Argentina6
- POLY-CARB, Inc. Ohio6
- PT Dow Indonesia Indonesia6
- PT Rohm and Haas Indonesia Indonesia6
- Palmyra do Brasil Indústria e Comércio de Silício Metálico e Recursos Naturais Ltda. Brazil6
- Performance Materials Rus LLC Russia6
- Petroquimica-Dow S.A. (Petrodow) Chile6
- Peñuelas Technology Park LLC Delaware6
- Polyol Belgium B.V. Belgium6
- Predate Properties (Pty) Ltd. South Africa6
- Pétromont Inc. Canada6
- Pétromont and Company, Limited Partnership Canada6
- RBC Brazoria West Holding Company, LLC Ohio6
- RH DK Vietnam Holdings ApS Denmark6
- ROH Holdings 1, LLC Delaware6
- RUS Polyurethanes Holding B.V. Netherlands6
- Rohm and Haas (Foshan) Specialty Materials Co., Ltd. China6
- Rohm and Haas Chemical (Thailand) Limited Thailand6
- Rohm and Haas Chemicals LLC Delaware6
- Rohm and Haas Chemicals Singapore Pte. Ltd. Singapore6
- Rohm and Haas China, Inc. Delaware6
- Rohm and Haas Company Delaware6
- Rohm and Haas Denmark Finance A/S Denmark6
- Rohm and Haas Equity Corporation Delaware6
- Rohm and Haas Espana, S.L. Spain6
- Rohm and Haas International Trading (Shanghai) Co. Ltd. China6
- Rohm and Haas Italia S.r.l. Italy6
- Rohm and Haas Kimyasal Urunler Uretim Dagitim ve Ticaret A.S. Turkey6
- Rohm and Haas Mexico, S. de R.L. de C.V. Mexico6
- Rohm and Haas Quimica Ltda. Brazil6
- Rohm and Haas Taiwan, Inc. Taiwan6
- Rohm and Haas Texas Incorporated Texas6
- Rohm and Haas Vietnam Co., Ltd. Vietnam6
- Seadrift Pipeline, LLC Delaware6
- Sentrachem Limited South Africa6
- Shanghai Eastern Rohm and Haas Co., Ltd. China6
- Siam Polyethylene Company Limited Thailand6
- Siam Polystyrene Company Limited Thailand6
- Siam Styrene Monomer Company Limited Thailand6
- Siam Synthetic Latex Company Limited Thailand6
- Site Services Japan, Co., Ltd. Japan6
- South Charleston Sewage Treatment Company West Virginia6
- Terminal de Atraque de Productos Petroquimicos, A.I.E. Spain6
- Terneuzen Investments Holding B.V. Netherlands6
- Transformadora de Etileno A.I.E. Spain6
- UCAR Emulsion Systems FZE United Arab Emirates6
- UCAR Louisiana Pipeline, LLC Delaware6
- UCAR Pipeline, LLC Delaware6
- Umetco Minerals Corporation Delaware6
- Union Carbide Asia Pacific, Inc. Delaware6
- Union Carbide Corporation New York6
- Union Carbide Philippines (Far East), Inc. Philippines6
- Union Carbide South Africa (Proprietary) Limited South Africa6
- Univation (Zhangjiagang) Chemical Company Limited China6
- Univation Technologies (Hong Kong) Limited Hong Kong6
- Univation Technologies International, LLC Delaware6
- Univation Technologies, LLC Delaware6
- Valley Asset Leasing, LLC Delaware6
- Valuepark Terneuzen Beheer B.V. Netherlands6
- Valuepark Terneuzen C.V. Netherlands6
- Warbler I LLC Delaware6
- Westbridge Insurance Ltd. Vermont6
From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Dow Holdings Inc.Sep 7, 2018 to Feb 12, 20195
Timeline
- Jul 23, 20268-K Results of operations54
- Jul 10, 20268-K Other events55
- Jul 6, 2026New chief executive Karen S. Carter becomes CEO19
- Jul 6, 20268-K Executive or director change56
- Apr 23, 20268-K Results of operations57
- Apr 14, 20268-K Executive or director change; Shareholder vote; Regulation FD disclosure58
- Feb 2, 20268-K Other events59
- Jan 29, 20268-K Exit or restructuring costs; Other events60
- Jan 29, 20268-K Results of operations61
- Jan 5, 20268-K Executive or director change62
- Oct 23, 20258-K Results of operations63
- Sep 8, 20258-K Other events64
- Sep 2, 20258-K Regulation FD disclosure65
- Mar 12, 2019New chief executive Jim Fitterling becomes CEO20
- Jan 1, 2019Founded Founded1
Calendar
Coming up
- Oct 22, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported ($0.19) a share, on Oct 23, 2025.66
When it reported results
- Jul 23, 2026Reported quarterly or annual results54
- Apr 23, 2026Reported quarterly or annual results57
- Jan 29, 2026Reported quarterly or annual results61
- Oct 23, 2025Reported quarterly or annual results63
- Jul 24, 2025Reported quarterly or annual results67
- Apr 24, 2025Reported quarterly or annual results68
- Jan 30, 2025Reported quarterly or annual results69
- Oct 24, 2024Reported quarterly or annual results70
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
395 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 55 major events, 251 insider forms, 17 large holders, 52 other. The latest 20:
- Sep 10, 2026144 EDGAR
- Aug 14, 20263 EDGAR
- Aug 7, 2026SCHEDULE 13G EDGAR
- Jul 24, 202610-Q EDGAR
- Jul 23, 20268-K EDGAR
- Jul 10, 20268-K EDGAR
- Jul 10, 2026424B5 EDGAR
- Jul 6, 20264 EDGAR
- Jul 6, 20268-K/A EDGAR
- Jun 16, 202611-K EDGAR
- May 20, 2026SD EDGAR
- May 1, 20264/A EDGAR
- Apr 29, 2026SCHEDULE 13G EDGAR
- Apr 24, 202610-Q EDGAR
- Apr 24, 2026S-8 EDGAR
- Apr 23, 20268-K EDGAR
- Apr 14, 20268-K EDGAR
- Apr 13, 20264 EDGAR
- Apr 13, 20264 EDGAR
- Apr 13, 20264 EDGAR
The 395 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
14 open-market trades by officers, directors and large owners since October 2021: 13 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Feb 7, 2025 | Dial Debra L.Director | Buy | 675 | $38.81 | $26.2K | Form 4 |
| Dec 13, 2024 | Banister Gaurdie E. JR.Director | Buy | 7,339 | $40.87 | $299.9K | Form 4 |
| Dec 12, 2024 | Fitterling James RChair and CEO | Buy | 25,600 | $41.49 | $1.1M | Form 4 |
| Dec 12, 2024 | DAVIS RICHARD KDirector | Buy | 6,025 | $41.45 | $249.7K | Form 4 |
| Nov 16, 2023 | DAVIS RICHARD KDirector | Buy | 5,000 | $51.09 | $255.4K | Form 4 |
| Apr 28, 2023 | Dial Debra L.Director | Buy | 400 | $54.17 | $21.7K | Form 4 |
| Oct 26, 2022 | Dial Debra L.Director | Buy | 450 | $48.09 | $21.6K | Form 4 |
| Aug 1, 2022 | Dial Debra L.Director | Buy | 400 | $52.41 | $21.0K | Form 4 |
| May 4, 2022 | Ungerleider Howard IPresident and CFO | Sale | 104,101 | $68.70 | $7.2M | Form 4 |
| Apr 26, 2022 | Dial Debra L.Director | Buy | 400 | $67.69 | $27.1K | Form 4 |
| Mar 7, 2022 | Dial Debra L.Director | Buy | 375 | $57.84 | $21.7K | Form 4 |
| Mar 4, 2022 | Hinman Jacqueline C.Director | Buy | 3,000 | $58.37 | $175.1K | Form 4 |
| Oct 29, 2021 | DAVIS RICHARD KDirector | Buy | 1,200 | $56.26 | $67.5K | Form 4 |
| Oct 29, 2021 | Fitterling James RChair and CEO | Buy | 5,000 | $56.03 | $280.1K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- State Street CorporationSCHEDULE 13G, 5 filings Feb 10, 2022 to Aug 7, 202671
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202672
- VANGUARD GROUP INCSCHEDULE 13G/A, 7 filings Feb 9, 2022 to Mar 26, 202673
- BlackRockSC 13G/A, 3 filings Feb 3, 2022 to Jan 26, 202474
- Capital World InvestorsSC 13G/A, 1 filing Feb 11, 202275
Stakes it holds
Dow Inc. has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).
- AgroFresh Solutions, Inc.SC 13D/A Apr 4, 202376
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Jim Fitterling | $1.7M | $17.6M77 | |
| 2025 | Karen S. Carter | $975.0K | $6.7M77 | |
| 2025 | Jeffrey L. Tate | $950.3K | $5.9M77 | |
| 2025 | A. N. Sreeram | $974.2K | $4.4M77 | |
| 2025 | Amy E. Wilson | $876.7K | $4.4M77 | |
| 2024 | Chair and Chief | $1.7M | $18.8M77 | |
| 2024 | Chief Financial Officer | $925.3K | $5.5M77 | |
| 2024 | Senior VicePresident, | $953.1K | $4.7M77 | |
| 2024 | General Counsel | $857.6K | $4.6M77 | |
| 2023 | Executive Officer | $1.7M | $19.8M77 | |
| 2023 | Research & Development | $916.4K | $5.1M77 | |
| 2023 | and Corporate Secretary | $785.4K | $5.0M77 | |
| 2023 | Chief Financial Officer | $151.5K | $3.8M77 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 61,742,580 | $1.7B | 0.0% | +8,405,052 |
| Vanguard Capital Management LLC | 47,031,008 | $1.3B | 0.0% | +837,193 |
| State Street Corp | 37,869,410 | $1.0B | 0.0% | +2,756,021 |
| Vanguard Portfolio Management LLC | 34,887,097 | $954.5M | 0.0% | +2,051,568 |
| Geode Capital Management, LLC | 19,281,367 | $525.4M | 0.0% | +503,058 |
| Two Sigma Investments, LP | 17,873,366 | $489.0M | 0.4% | +13,367,989 |
| Capital World Investors | 15,744,500 | $430.8M | 0.1% | +8,641,482 |
| Aqr Capital Management LLC | 15,698,239 | $429.5M | 0.1% | +5,381,487 |
| Morgan Stanley | 15,099,766 | $413.1M | 0.0% | +1,123,029 |
| Pzena Investment Management LLC | 12,507,011 | $342.2M | 1.0% | −6,440,591 |
| Invesco Ltd. | 9,669,204 | $264.5M | 0.0% | +37,074 |
| Fmr LLC | 9,383,872 | $256.7M | 0.0% | +1,199,188 |
| Norges Bank | 9,303,665 | $254.5M | 0.0% | New |
| Goldman Sachs Group Inc | 8,825,633 | $241.5M | 0.0% | +2,591,081 |
| Charles Schwab Investment Management Inc | 7,851,245 | $214.8M | 0.0% | +42,024 |
| D. E. Shaw & Co., Inc. | 7,313,258 | $200.1M | 0.1% | +4,179,797 |
| Qube Research & Technologies Ltd | 6,879,031 | $188.2M | 0.2% | New |
| Northern Trust Corp | 6,612,409 | $180.9M | 0.0% | −95,132 |
| Voloridge Investment Management, LLC | 6,442,341 | $176.3M | 0.7% | +4,464,192 |
| Bank Of America Corp /de/ | 6,147,792 | $168.2M | 0.0% | +543,203 |
| UBS Group AG | 5,873,170 | $160.7M | 0.0% | +906,426 |
| Marshall Wace, Llp | 5,821,255 | $159.3M | 0.1% | +89,018 |
| Neuberger Berman Group LLC | 5,255,328 | $144.0M | 0.1% | −780,091 |
| Dimensional Fund Advisors LP | 5,040,407 | $137.9M | 0.0% | +957,425 |
| State Farm Mutual Automobile Insurance Co | 4,816,352 | $131.8M | 0.1% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
27 trades disclosed by members of Congress, the latest 25. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Mar 27, 2026 | Alan ArmstrongRepublican, Senate | Buy | $1,001 - $15,000 | −48.4% | Report |
| Nov 18, 2025 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | +20.1% | Report |
| Jun 24, 2025 | Lisa C. McClainRepublican, House | Buy | $1,001 - $15,000 | −18.5% | Report |
| May 15, 2025 | Robert P. Bresnahan, Jr.Republican, House | Buy | $1,001 - $15,000 | −30.6% | Report |
| Apr 29, 2025 | Gilbert Ray Cisneros, Jr.Democratic, House | Sale | $1,001 - $15,000 | +41.6% | Report |
| Jan 15, 2025 | Julie JohnsonDemocratic, House | Buy | $1,001 - $15,000 | −56.1% | Report |
| May 3, 2024 | Tommy TubervilleRepublican, Senate | Sale | $1,001 - $15,000 | +98.5% | Report |
| Mar 23, 2022 | John H. RutherfordRepublican, House | Sale | $1,001 - $15,000 | +126.6% | Report |
| Feb 17, 2022 | John H. RutherfordRepublican, House | Buy | $1,001 - $15,000 | −127.7% | Report |
| Jan 12, 2022 | Tommy TubervilleRepublican, Senate | Buy | $1,001 - $15,000 | −113.3% | Report |
| Jan 7, 2022 | Thomas R. SuozziDemocratic, House | Sale | $15,001 - $50,000 | +114.9% | Report |
| Nov 4, 2021 | Thomas R. SuozziDemocratic, House | Buy | $15,001 - $50,000 | −112.9% | Report |
| Oct 18, 2021 | Tommy TubervilleRepublican, Senate | Sale | $1,001 - $15,000 | +121.8% | Report |
| Feb 12, 2021 | Mary Gay ScanlonDemocratic, House | Sale | $1,001 - $15,000 | +145.1% | Report |
| Dec 30, 2020 | Thomas R Carper, Senate | Partial sale | $1,001 - $15,000 | +153.5% | Report |
| Nov 20, 2020 | Thomas R Carper, Senate | Sale | $1,001 - $15,000 | +162.5% | Report |
| Nov 20, 2020 | Thomas R Carper, Senate | Partial sale | $1,001 - $15,000 | +162.5% | Report |
| Nov 5, 2020 | Bill CassidyRepublican, Senate | Sale | $1,001 - $15,000 | +159.2% | Report |
| Apr 16, 2020 | David A Perdue , Jr, Senate | Sale | $1,001 - $15,000 | +181.9% | Report |
| Apr 14, 2020 | David A Perdue , Jr, Senate | Sale | $15,001 - $50,000 | +187.3% | Report |
| Apr 14, 2020 | Kelly Loeffler, Senate | Sale | $15,001 - $50,000 | +187.3% | Report |
| Apr 2, 2020 | Dean Phillips, House | Buy | $1,001 - $15,000 | −199.7% | Report |
| Mar 26, 2020 | David A Perdue , Jr, Senate | Buy | $1,001 - $15,000 | −194.6% | Report |
| Mar 9, 2020 | Bill CassidyRepublican, Senate | Buy | $1,001 - $15,000 | −183.4% | Report |
| Dec 31, 2019 | David A Perdue , Jr, Senate | Partial sale | $1,001 - $15,000 | +185.1% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How Dow Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARDOW INC.2
- CIK0001751788
- Employer ID (EIN)30-11281467
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company7
- Incorporated inDelaware7
- Fiscal year endsDecember 312
- Industry code (SIC)2821 Plastic Materials, Synth Resins & Nonvulcan Elastomers2
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance2
- Business address2211 H.H. Dow Way, Midland, MI 486742
- Phone98963610002
- Shares outstanding717,534,072 shares; 100 The Dow Chemical Company shares as of Jan 15, 20267
- Public float$18.7B as of Jun 30, 20257
- AuditorDELOITTE & TOUCHE LLP, Midland, Michigan PCAOB ID 34; it also attests to the company’s internal control over financial reporting7
- On EDGAR sinceSep 7, 20182
- Filings662 in all: 4 (379), 8-K (91), 3 (37), 10-Q (23), DEFA14A (23), SC 13G/A (18), 11-K (8), 10-K (7)2
All 33 form types
144 (7), DEF 14A (7), SD (7), 4/A (5), S-8 (5), SC 13G (5), 10-12B/A (4), ARS (4), CORRESP (4), S-3ASR (4), SC 13D/A (4), UPLOAD (4), 8-K/A (2), PX14A6G (2), SCHEDULE 13G (2), 10-12B (1), 144/A (1), 3/A (1), 424B2 (1), 424B5 (1), ARS/A (1), CERT (1), S-8 POS (1), SCHEDULE 13G/A (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (10-K) Feb 3, 2026
Quarterly report (10-Q) Jul 24, 2026
Proxy statement (DEF 14A) Feb 27, 2026
Latest 8-K (8-K) Jul 23, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.01 per share | DOW | New York Stock Exchange |
| 0.500% Notes due March 15, 2027 | DOW/27 | |
| 1.125% Notes due March 15, 2032 | DOW/32 | |
| 1.875% Notes due March 15, 2040 | DOW/40 | |
| 4.625% Notes due October 1, 2044 | DOW/44 |
From the cover page of the 10-K filed Feb 3, 2026 (Section 12(b) of the Exchange Act).7
Risk factors and legal proceedings
The risks Dow Inc. names in Item 1A of its 10-K filed Feb 3, 2026: 15 risks under these headings, as written.7
- CLIMATE CHANGE - RELATED RISKS
- Climate Change: Climate change-related risks and uncertainties, legal or regulatory responses to climate change and failure to meet the Company’s climate change commitments could negatively impact the Company’s results of operations, financial condition and/or reputation.
- MACROECONOMIC RISKS
- Financial Commitments and Credit Markets: Market conditions, availability of credit and changes in the Company's credit ratings could reduce the Company's flexibility to respond to changing economic and business conditions or fund capital needs and could increase borrowing costs.
- Global Economic Considerations: The Company operates in a global, competitive environment which gives rise to operating and market risk exposure.
- Pension and Other Postretirement Benefits: Increased obligations and expenses related to the Company's defined benefit pension plans and other postretirement benefit plans could negatively impact its financial condition and results of operations.
- Supply/Demand Balance: Earnings generated by the Company's products vary based in part on the balance of supply relative to demand within the industry.
- LEGAL AND REGULATORY RISKS
- Environmental Compliance: The costs of complying with evolving regulatory requirements could negatively impact the Company's financial results. Actual or alleged violations of environmental laws or permit requirements could result in restrictions or prohibitions on plant operations, substantial civil or criminal sanctions, as well as the assessment of strict liability and/or joint and several liability.
- Health and Safety: Increased concerns regarding the safe use of chemicals and plastics in commerce and their potential impact on the environment have resulted in more restrictive regulations and could lead to new regulations.
- Litigation: The Company is party to a number of claims and lawsuits arising out of the normal course of business with respect to product liability, patent infringement, employment matters, governmental tax and regulation disputes, contract and commercial litigation, and other actions.
- Plastic Waste: Increased concerns regarding plastic waste in the environment, resulting in the demand for substitute materials; brand owners selectively reducing their use of plastic products; a lack of plastic waste collection and recycling infrastructure and a failure to develop circular plastic materials or a circular economy for plastics; and/or the development of new or more restrictive regulations and rules related to plastic waste and related emissions could reduce demand for the Company’s plastic products and could negatively impact the Company’s financial results.
The other 6 risks
- OPERATIONAL AND STRATEGIC RISKS
- Company Strategy: Implementing certain elements of the Company's strategy could negatively impact its financial results.
- Cybersecurity Threat: Disruption of the Company's information technology, data security, and other operating or third-party systems, including disruption of the ability to safely and reliably operate the Company's facilities; the risk of loss of the Company’s proprietary information including trade secrets, know-how or other sensitive business information; and the risk of loss or security of the private data of the Company, its customers and its employees could negatively impact the Company’s business strategy, results of operations, financial condition and reputation.
- Goodwill: An impairment of goodwill could negatively impact the Company’s financial results.
- Operational Event: A significant operational event could negatively impact the Company's results of operations.
- Raw Materials and Energy: Availability of purchased feedstock and energy, and the volatility of these costs, impact Dow’s operating costs and add variability to earnings.
- Public Health Crisis: A public health crisis or global outbreak of disease could have a negative effect on the Company's manufacturing operations, supply chain and workforce, creating business disruptions that could have a substantial negative impact on the Company’s results of operations, financial condition and cash flows.
Legal proceedings
Union Carbide Corporation (“Union Carbide”), a wholly owned subsidiary of the Company, is and has been involved in a large number of asbestos-related suits filed primarily in state courts during the past several decades. These suits principally allege personal injury resulting from exposure to asbestos-containing products and frequently seek both actual and punitive damages. The alleged claims primarily relate to products that Union Carbide sold in the past, alleged exposure to asbestos-containing products located on Union Carbide’s premises, and Union Carbide’s responsibility for asbestos suits filed against a former Union Carbide subsidiary, Amchem Products, Inc.
For additional information, see Part II, Item 7. Other Matters, Asbestos-Related Matters of Union Carbide Corporation in Management’s Discussion and Analysis of Financial Condition and Results of Operations, and Notes 1 and 15 to the Consolidated Financial Statements.
Securities Litigation
On August 29, 2025, a putative securities class action was filed in the U.S. District Court for the Eastern District of Michigan alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 against the Company, its Chief Executive Officer, its Chief Financial Officer, and its Chief Operating Officer due to alleged false and misleading statements regarding the Company’s ability to navigate macroeconomic and tariff-related pressures, competitive and pricing pressures and softening demand, and the Company’s ability to sustain its dividend, which allegedly caused the Company’s securities to trade at artificially inflated prices. The action seeks unspecified compensatory damages.
The opening of Item 3, Legal Proceedings.7
Links
- Websitewww.dow.com1
- Instagramwww.instagram.com/dow_official1
- WikidataQ62739842
- SEC EDGARCIK 1751788
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataDow Inc. on Wikidata
- 2SEC EDGARDow Inc. filings on SEC EDGAR
- 3
- 4Yahoo FinanceDOW quote
- 5SEC EDGARDow Inc. filings on SEC EDGAR
- 6
- 7
- 8SEC EDGARDow Inc. 10-K for fiscal 2025
- 9SEC EDGARDow Inc. 10-K for fiscal 2019
- 10SEC EDGARDow Inc. 10-K for fiscal 2021
- 11SEC EDGARDow Inc. 10-K for fiscal 2022
- 12SEC EDGARDow Inc. 10-K for fiscal 2019
- 13SEC EDGARDow Inc. 10-K for fiscal 2020
- 14SEC EDGARDow Inc. 10-Q for fiscal 2025
- 15SEC EDGARDow Inc. 10-Q for fiscal 2025
- 16SEC EDGARDow Inc. 10-Q for fiscal 2025
- 17SEC EDGARDow Inc. 10-Q for fiscal 2024
- 18SEC EDGARDow Inc. 10-K for fiscal 2019
- 19
- 20
- 21SEC EDGARJim Fitterling, Chair
- 22
- 23SEC EDGARPhilo Brendy Lange, President
- 24SEC EDGARBruggencate Marco Ten, President
- 25SEC EDGARKeith Cleason, President
- 26SEC EDGARKaren S. Carter, President
- 27SEC EDGARDiego Donoso, President
- 28SEC EDGARJack Broodo, President
- 29SEC EDGARJane Palmieri, President
- 30SEC EDGARMauro Gregorio, President
- 31SEC EDGARHoward I. Ungerleider, President
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- 38SEC EDGARAmy E. Wilson, Officer
- 39
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- 41SEC EDGARPeter Holicki, Senior Vice President
- 42
- 43SEC EDGARRebecca B. Liebert, Board member
- 44SEC EDGARDebra L. Dial, Board member
- 45
- 46SEC EDGARJames A. Bell, Board member
- 47SEC EDGARJacqueline C. Rast, Board member
- 48SEC EDGARJacqueline K. Barton, Board member
- 49SEC EDGARRichard K. Davis, Board member
- 50SEC EDGARRuth G. Shaw, Board member
- 51SEC EDGARWesley Bush, Board member
- 52SEC EDGARSamuel R. Allen, Board member
- 53SEC EDGARAmy E. Wilson, General counsel
- 54SEC EDGARResults of operations
- 55SEC EDGAROther events
- 56SEC EDGARExecutive or director change
- 57SEC EDGARResults of operations
- 58
- 59SEC EDGAROther events
- 60
- 61SEC EDGARResults of operations
- 62SEC EDGARExecutive or director change
- 63SEC EDGARResults of operations
- 64SEC EDGAROther events
- 65SEC EDGARRegulation FD disclosure
- 66NasdaqNasdaq calendar
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- 74SEC EDGARBlackRock SC 13G/A on Dow Inc.
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