← DOW INC.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net sales $43.7b $49.6b $43.0b $38.5b $55.0b $56.9b $44.6b $43.0b $40.0b
Total Revenue $43.7b $49.6b $43.0b $38.5b $55.0b $56.9b $44.6b $43.0b $40.0b
Revenue from Contract with Customer, Including Assessed Tax $43.7b $49.6b $43.0b $38.5b $55.0b $56.9b $44.6b $43.0b $40.0b
Cost of Revenue $36.4b $41.1b $36.7b $33.3b $44.2b $48.3b $39.7b $38.4b $37.4b
Cost of sales $36.4b $41.1b $36.7b $33.3b $44.2b $48.3b $39.7b $38.4b $37.4b
Gross Profit $7.4b $8.5b $6.3b $5.2b $10.8b $8.6b $4.9b $4.6b $2.5b
Additional Financial Items
Amortization of Intangible Assets $400.0m $469.0m $419.0m $401.0m $388.0m $336.0m $324.0m $310.0m $231.0m
Amortization of intangibles $400.0m $469.0m $419.0m $401.0m $388.0m $336.0m $324.0m $310.0m $231.0m
Earnings (loss) per common share - basic $1 $6 ($2) $2 $8 $6 $1 $2 ($4)
Earnings (loss) per common share - diluted $1 $6 ($2) $2 $8 $6 $1 $2 ($4)
Equity in losses of nonconsolidated affiliates $394.0m $555.0m ($94.0m) ($18.0m) $975.0m $268.0m ($119.0m) ($6.0m) ($240.0m)
Foreign Currency Transaction Gain (Loss), before Tax ($72.0m) ($119.0m) $91.0m ($62.0m) ($8.0m) ($117.0m) ($340.0m) ($45.0m) $39.0m
Gain (Loss) Related to Litigation Settlement ($137.0m) — $205.0m $544.0m $54.0m $381.0m ($71.0m) — $42.0m
Goodwill, Impairment Loss — — — — — — — — $690.0m
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($2.2b) $745.0m ($1.2b) ($681.0m) $1.5b $2.4b ($602.0m) $492.0m ($1.8b)
Income (Loss) from Continuing Operations, Per Basic Share ($2) $4 ($2) $2 $8 — — — —
Income (Loss) from Continuing Operations, Per Diluted Share ($2) $4 ($2) $2 $8 — — — —
Income (Loss) from Equity Method Investments $394.0m $555.0m ($94.0m) ($18.0m) $975.0m $268.0m ($119.0m) ($6.0m) ($240.0m)
Income (loss) before income taxes $237.0m $3.7b ($1.2b) $2.1b $8.1b $6.1b $656.0m $1.6b ($2.5b)
Interest Income, Other $66.0m $82.0m $81.0m $38.0m $55.0m $173.0m $229.0m $200.0m $152.0m
Interest income $66.0m $82.0m $81.0m $38.0m $55.0m $173.0m $229.0m $200.0m $152.0m
Preferred Stock Dividends, Income Statement Impact $0 $0 — — — — — — —
Provision (credit) for income taxes $1.5b $809.0m $470.0m $777.0m $1.7b $1.4b ($4.0m) $399.0m ($67.0m)
Restructuring, goodwill impairment and asset related charges - net $2.7b $221.0m $3.2b $708.0m $6.0m $118.0m $528.0m $103.0m $1.9b
Gain (Loss) on Derivative Instruments, Net, Pretax ($296.0m) ($1.0m) $85.0m $82.0m ($283.0m) $155.0m — — —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $237.0m $3.7b ($1.2b) $2.1b $8.1b $6.1b $656.0m $1.6b ($2.5b)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($1.3b) $2.9b ($1.7b) $1.3b $6.4b $4.6b $660.0m $1.2b ($2.4b)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $1.9b $1.8b $445.0m $0 $0 — — — —
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic ($1.4b) $2.8b ($1.8b) $1.2b $6.3b $4.6b $578.0m $1.1b ($2.6b)
Net income (loss) $595.0m $4.8b ($1.3b) $1.3b $6.4b $4.6b $660.0m $1.2b ($2.4b)
Net income (loss) available for The Dow Chemical Company common stockholder $465.0m $4.6b ($1.4b) $1.2b $6.3b $4.6b $589.0m $1.1b ($2.6b)
Net Income (Loss) Attributable to Parent $465.0m $4.6b ($1.4b) $1.2b $6.3b $4.6b $589.0m $1.1b ($2.6b)
Net Income (Loss) Available to Common Stockholders, Basic $465.0m $4.6b ($1.4b) $1.2b $6.3b $4.6b $589.0m $1.1b ($2.6b)
Net Income (Loss) Attributable to Noncontrolling Interest $130.0m $134.0m $87.0m $69.0m $94.0m $58.0m $71.0m $85.0m $179.0m
Net income attributable to noncontrolling interests $130.0m $134.0m $87.0m $69.0m $94.0m $58.0m $71.0m $85.0m $179.0m
Common Stock, Dividends, Per Share, Declared $1.38 $6.21 $2.10 $2.80 $2.80 $2.80 $2.80 $2.80 $2.10
Earnings Per Share, Basic $0.60 $6.21 ($1.84) $1.64 $8.44 $6.32 $0.82 $1.57 ($3.70)
Earnings Per Share, Diluted $0.60 $6.21 ($1.84) $1.64 $8.38 $6.28 $0.82 $1.57 ($3.70)
Weighted Average Number of Shares Outstanding, Basic 744.8m 747.2m 742.5m 740.5m 743.6m 721.0m 705.7m 703.8m 711.6m
Weighted-average common shares outstanding - basic 744.8m 747.2m 742.5m 740.5m 743.6m 721.0m 705.7m 703.8m 711.6m
Weighted-average common shares outstanding - diluted 744.8m 747.2m 742.5m 742.3m 749.0m 725.6m 709.0m 705.1m 711.6m
Weighted Average Number of Shares Outstanding, Diluted 744.8m 747.2m 742.5m 742.3m 749.0m 725.6m 709.0m 705.1m 711.6m
Current Income Tax Expense (Benefit) $111.0m $1.2b $698.0m $519.0m $1.5b $1.4b $1.2b $264.0m $274.0m
Environmental Remediation Expense $163.0m $176.0m $588.0m $234.0m $158.0m — $203.0m $197.0m $63.0m
Interest Expense, Debt $914.0m $1.1b $933.0m $827.0m $731.0m $662.0m $746.0m $811.0m $865.0m
Interest expense and amortization of debt discount $914.0m $1.1b $933.0m $827.0m $731.0m $662.0m $746.0m $811.0m $865.0m
Nonoperating Income (Expense) ($154.0m) $96.0m $461.0m $1.3b ($35.0m) $727.0m ($280.0m) $415.0m $140.0m
Other Nonoperating Income (Expense) $98.0m $124.0m $103.0m $84.0m $10.0m $31.0m $125.0m $100.0m $120.0m
Research and development expenses $803.0m $800.0m $765.0m $768.0m $857.0m $851.0m $829.0m $810.0m $752.0m
Selling, General and Administrative Expense $1.8b $1.8b $1.6b $1.5b $1.6b $1.7b $1.6b $1.6b $1.4b
Selling, general and administrative expenses $1.8b $1.8b $1.6b $1.5b $1.6b $1.7b $1.6b $1.6b $1.4b
Sundry income (expense) - net ($154.0m) $96.0m $461.0m $1.3b ($35.0m) $727.0m ($280.0m) $415.0m $140.0m
Income Tax Expense (Benefit) $1.5b $809.0m $470.0m $777.0m $1.7b $1.4b ($4.0m) $399.0m ($67.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.