Dow（1DOW）株式概要ダウ・インクはその子会社を通じて、米国、カナダ、欧州、中東、アフリカ、インド、アジア太平洋地域、中南米において、パッケージング、インフラストラクチャー、モビリティ、消費者向けアプリケーション向けの様々な材料科学ソリューションを提供している。 詳細1DOW ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長3/6過去の実績0/6財務の健全性2/6配当金1/6報酬当社が推定した公正価値より13.5%で取引されている 収益は年間45.1%増加すると予測されています 同業他社や業界と比較して、良好な取引価格 リスク分析負債は営業キャッシュフローで十分にカバーされていない 3.9%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない Italian市場と比較して、過去 3 か月間の株価の変動が非常に大きいすべてのリスクチェックを見る1DOW Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€31.4158.2% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-3b58b2016201920222025202620282031Revenue US$47.1bEarnings US$4.4bAdvancedSet Fair ValueView all narrativesDow Inc. 競合他社SOLSymbol: BIT:SOLMarket cap: €5.2bBuzziSymbol: BIT:BZUMarket cap: €7.8bSeri IndustrialSymbol: BIT:SERIMarket cap: €127.7mLyondellBasell IndustriesSymbol: NYSE:LYBMarket cap: US$23.0b価格と性能株価の高値、安値、推移の概要Dow過去の株価現在の株価US$31.4152週高値US$37.2052週安値US$18.10ベータ0.451ヶ月の変化-1.07%3ヶ月変化24.15%1年変化24.64%3年間の変化-32.74%5年間の変化-44.35%IPOからの変化-16.60%最新ニュースお知らせ • May 21Dow and X-Energy Receive Environmental Assessment Approval from Nuclear Regulatory Commission for Advanced Nuclear Project in TexasDow and X-energy, Inc. had the U.S. Nuclear Regulatory Commission complete its Environmental Assessment for Dow and X-energy's Construction Permit Application for a proposed advanced nuclear project in Seadrift, Texas. The NRC's review was completed ahead of schedule following a comprehensive independent analysis by the NRC, concluding with a Finding of No Significant Impact. Long Mott Generating Station is being developed through Dow's wholly owned subsidiary, Long Mott Energy, LLC under the U.S. Department of Energy's Advanced Reactor Demonstration Program. The proposed project would provide both electricity and high-temperature industrial steam to Dow's UCC Seadrift Operations, powering the production of more than 4 billion pounds of materials per year. Once complete, Long Mott Generating Station is expected to be the first grid-scale advanced nuclear reactor deployed to serve an industrial site in North America. The Finding of No Significant Impact conclusion on the Environmental Assessment follows an extensive independent analysis by NRC staff, evaluating potential impacts to air quality, water resources, and local species habitats under globally recognized safety and environmental standards. The NRC completed its environmental review in under one year, benefiting from X-energy's pre-licensing work on its XE-100 small modular reactor, and a comprehensive Construction Permit Application submittal that meets the federal requirements for the protection of public health, safety, and the environment. Dow and X-energy's Construction Permit Application included a 1,000+ page Environmental Report supported by year-long field surveys, groundwater monitoring wells with 12 months of water quality measurements, and engagement with multiple state agencies including the Texas Historical Commission, Texas Parks and Wildlife Department, and Texas General Land Office. Throughout the project, Dow and X-energy have taken a proactive approach to environmental mitigation by identifying sensitive habitats before finalizing the site layout, proposing facility siting to avoid impacts to protected resources, and designing around environmental constraints rather than mitigating for them after the fact. Since 2018, X-energy, and subsequently Dow, have worked with the NRC through extensive pre-application engagement to demonstrate the XE-100's safety profile. This technical foundation helps enable a predictable, well-defined regulatory process focused on site-specific factors rather than fundamental reactor safety questions, creating opportunities for enhanced efficiency throughout the licensing process. X-energy's XE-100 is an 80 MW high-temperature gas-cooled reactor designed to enable a minimal environmental footprint. The reactor's helium coolant does not become radioactive during operation, eliminating entire categories of radiological considerations and adverse environmental impacts. Minimal water requirements eliminate major aquatic ecosystem impacts, and the absence of cooling towers or water intake structures reduces both visual and environmental disruption, as well as site impact during construction. These design characteristics enable exceptional environmental protection while delivering reliable, clean energy for industrial applications.Reported Earnings • Apr 24First quarter 2026 earnings released: US$0.74 loss per share (vs US$0.44 loss in 1Q 2025)First quarter 2026 results: US$0.74 loss per share (further deteriorated from US$0.44 loss in 1Q 2025). Revenue: US$9.79b (down 6.1% from 1Q 2025). Net loss: US$533.0m (loss widened 72% from 1Q 2025). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Chemicals industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.お知らせ • Apr 16Dow Inc. Announces Chief Executive Officer Changes, Effective July 1, 2026Dow Inc. announced that Jim Fitterling, Chair and Chief Executive Officer, will become Executive Chair of the Board, effective July 1, 2026. The Dow Board of Directors has appointed Karen S. Carter, currently Chief Operating Officer, as Chief Executive Officer, effective July 1, 2026. Carter will also join Dow's Board of Directors at that time. Richard Davis will continue to serve as Dow's Independent Lead Director. In his new role, Fitterling will continue to chair the Board and focus on long-term strategy, governance, and key external relationships, while supporting continuity in leadership and execution. A Proven Leader to Lead Dow Forward Karen S. Carter brings more than three decades of experience at Dow, with deep operational expertise and a strong track record of delivering results across the enterprise. As Chief Operating Officer, she has overseen business and operational performance company-wide, with responsibility for Dow's operating segments and key functional organizations, while strengthening customer engagement and accelerating innovation. Previously, Carter served as President of Dow's Packaging & Specialty Plastics, the company's largest operating segment, where she led value growth through asset upgrades, capacity expansions and improved reliability, while advancing circular economy solutions in close partnership with customers and brand owners. She has also held senior leadership roles across business, commercial, and corporate functions, giving her a uniquely holistic perspective on Dow's operations.お知らせ • Apr 15Dow Inc. Announces Board Changes, Effective July 1, 2026Dow Inc. announced that Jim Fitterling, Chair and Chief Executive Officer, will become Executive Chair of the Board, effective July 1, 2026. The Dow Board of Directors has appointed Karen S. Carter, currently Chief Operating Officer, as Chief Executive Officer, effective July 1, 2026. Carter will also join Dow's Board of Directors at that time. Richard Davis will continue to serve as Dow's Independent Lead Director. In his new role, Fitterling will continue to chair the Board and focus on long-term strategy, governance, and key external relationships, while supporting continuity in leadership and execution. A Proven Leader to Lead Dow Forward Karen S. Carter brings more than three decades of experience at Dow, with deep operational expertise and a strong track record of delivering results across the enterprise. As Chief Operating Officer, she has overseen business and operational performance company-wide, with responsibility for Dow's operating segments and key functional organizations, while strengthening customer engagement and accelerating innovation. Previously, Carter served as President of Dow's Packaging &Specialty Plastics, the company's largest operating segment, where she led value growth through asset upgrades, capacity expansions and improved reliability, while advancing circular economy solutions in close partnership with customers and brand owners. She has also held senior leadership roles across business, commercial, and corporate functions, giving her a uniquely holistic perspective on Dow's operations.お知らせ • Apr 11Dow Inc. Declares Quarterly Dividend, Payable on June 12, 2026The Board of Directors of Dow Inc. declared a quarterly dividend of 35 cents per share, payable June 12, 2026, to shareholders of record on May 29, 2026.New Risk • Apr 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.1% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.2% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.最新情報をもっと見るRecent updatesお知らせ • May 21Dow and X-Energy Receive Environmental Assessment Approval from Nuclear Regulatory Commission for Advanced Nuclear Project in TexasDow and X-energy, Inc. had the U.S. Nuclear Regulatory Commission complete its Environmental Assessment for Dow and X-energy's Construction Permit Application for a proposed advanced nuclear project in Seadrift, Texas. The NRC's review was completed ahead of schedule following a comprehensive independent analysis by the NRC, concluding with a Finding of No Significant Impact. Long Mott Generating Station is being developed through Dow's wholly owned subsidiary, Long Mott Energy, LLC under the U.S. Department of Energy's Advanced Reactor Demonstration Program. The proposed project would provide both electricity and high-temperature industrial steam to Dow's UCC Seadrift Operations, powering the production of more than 4 billion pounds of materials per year. Once complete, Long Mott Generating Station is expected to be the first grid-scale advanced nuclear reactor deployed to serve an industrial site in North America. The Finding of No Significant Impact conclusion on the Environmental Assessment follows an extensive independent analysis by NRC staff, evaluating potential impacts to air quality, water resources, and local species habitats under globally recognized safety and environmental standards. The NRC completed its environmental review in under one year, benefiting from X-energy's pre-licensing work on its XE-100 small modular reactor, and a comprehensive Construction Permit Application submittal that meets the federal requirements for the protection of public health, safety, and the environment. Dow and X-energy's Construction Permit Application included a 1,000+ page Environmental Report supported by year-long field surveys, groundwater monitoring wells with 12 months of water quality measurements, and engagement with multiple state agencies including the Texas Historical Commission, Texas Parks and Wildlife Department, and Texas General Land Office. Throughout the project, Dow and X-energy have taken a proactive approach to environmental mitigation by identifying sensitive habitats before finalizing the site layout, proposing facility siting to avoid impacts to protected resources, and designing around environmental constraints rather than mitigating for them after the fact. Since 2018, X-energy, and subsequently Dow, have worked with the NRC through extensive pre-application engagement to demonstrate the XE-100's safety profile. This technical foundation helps enable a predictable, well-defined regulatory process focused on site-specific factors rather than fundamental reactor safety questions, creating opportunities for enhanced efficiency throughout the licensing process. X-energy's XE-100 is an 80 MW high-temperature gas-cooled reactor designed to enable a minimal environmental footprint. The reactor's helium coolant does not become radioactive during operation, eliminating entire categories of radiological considerations and adverse environmental impacts. Minimal water requirements eliminate major aquatic ecosystem impacts, and the absence of cooling towers or water intake structures reduces both visual and environmental disruption, as well as site impact during construction. These design characteristics enable exceptional environmental protection while delivering reliable, clean energy for industrial applications.Reported Earnings • Apr 24First quarter 2026 earnings released: US$0.74 loss per share (vs US$0.44 loss in 1Q 2025)First quarter 2026 results: US$0.74 loss per share (further deteriorated from US$0.44 loss in 1Q 2025). Revenue: US$9.79b (down 6.1% from 1Q 2025). Net loss: US$533.0m (loss widened 72% from 1Q 2025). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Chemicals industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.お知らせ • Apr 16Dow Inc. Announces Chief Executive Officer Changes, Effective July 1, 2026Dow Inc. announced that Jim Fitterling, Chair and Chief Executive Officer, will become Executive Chair of the Board, effective July 1, 2026. The Dow Board of Directors has appointed Karen S. Carter, currently Chief Operating Officer, as Chief Executive Officer, effective July 1, 2026. Carter will also join Dow's Board of Directors at that time. Richard Davis will continue to serve as Dow's Independent Lead Director. In his new role, Fitterling will continue to chair the Board and focus on long-term strategy, governance, and key external relationships, while supporting continuity in leadership and execution. A Proven Leader to Lead Dow Forward Karen S. Carter brings more than three decades of experience at Dow, with deep operational expertise and a strong track record of delivering results across the enterprise. As Chief Operating Officer, she has overseen business and operational performance company-wide, with responsibility for Dow's operating segments and key functional organizations, while strengthening customer engagement and accelerating innovation. Previously, Carter served as President of Dow's Packaging & Specialty Plastics, the company's largest operating segment, where she led value growth through asset upgrades, capacity expansions and improved reliability, while advancing circular economy solutions in close partnership with customers and brand owners. She has also held senior leadership roles across business, commercial, and corporate functions, giving her a uniquely holistic perspective on Dow's operations.お知らせ • Apr 15Dow Inc. Announces Board Changes, Effective July 1, 2026Dow Inc. announced that Jim Fitterling, Chair and Chief Executive Officer, will become Executive Chair of the Board, effective July 1, 2026. The Dow Board of Directors has appointed Karen S. Carter, currently Chief Operating Officer, as Chief Executive Officer, effective July 1, 2026. Carter will also join Dow's Board of Directors at that time. Richard Davis will continue to serve as Dow's Independent Lead Director. In his new role, Fitterling will continue to chair the Board and focus on long-term strategy, governance, and key external relationships, while supporting continuity in leadership and execution. A Proven Leader to Lead Dow Forward Karen S. Carter brings more than three decades of experience at Dow, with deep operational expertise and a strong track record of delivering results across the enterprise. As Chief Operating Officer, she has overseen business and operational performance company-wide, with responsibility for Dow's operating segments and key functional organizations, while strengthening customer engagement and accelerating innovation. Previously, Carter served as President of Dow's Packaging &Specialty Plastics, the company's largest operating segment, where she led value growth through asset upgrades, capacity expansions and improved reliability, while advancing circular economy solutions in close partnership with customers and brand owners. She has also held senior leadership roles across business, commercial, and corporate functions, giving her a uniquely holistic perspective on Dow's operations.お知らせ • Apr 11Dow Inc. Declares Quarterly Dividend, Payable on June 12, 2026The Board of Directors of Dow Inc. declared a quarterly dividend of 35 cents per share, payable June 12, 2026, to shareholders of record on May 29, 2026.New Risk • Apr 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.1% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.2% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.Buy Or Sell Opportunity • Apr 07Now 20% undervaluedOver the last 90 days, the stock has risen 58% to €34.00. The fair value is estimated to be €42.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 2.7% in a year. Earnings are forecast to grow by 90% in the next year.お知らせ • Mar 02Dow Inc., Annual General Meeting, Apr 09, 2026Dow Inc., Annual General Meeting, Apr 09, 2026.お知らせ • Feb 13Dow Inc. Declares Quarterly Dividend, Payable on March 13, 2026Dow Inc. has declared a quarterly dividend of 35 cents per share, payable March 13, 2026, to shareholders of record on February 27, 2026.Reported Earnings • Jan 30Full year 2025 earnings released: US$3.69 loss per share (vs US$1.57 profit in FY 2024)Full year 2025 results: US$3.69 loss per share (down from US$1.57 profit in FY 2024). Revenue: US$40.0b (down 7.0% from FY 2024). Net loss: US$2.62b (down 338% from profit in FY 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Chemicals industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.お知らせ • Jan 06Dow Inc. Announces Management ChangesOn December 29, 2025, A.N. Sreeram, Senior Vice President and Chief Technology Officer of Dow Inc. (“Dow” or the “Company”), provided notice of his retirement from the Company effective June 30, 2026. Dr. Sreeram will be succeeded by Andre Argenton, who has been appointed Chief Technology and Sustainability Officer effective January 1, 2026. Dr. Argenton has most recently served as Dow’s Chief Sustainability Officer and Vice President of Environment, Health & Safety. He brings over 25 years of experience at Dow, including senior leadership roles in Research & Development. In his new role, Dr. Argenton will lead Dow’s global research and development organization while continuing to lead Dow’s environment, health, safety and sustainability organization. On January 2, 2026, Rebecca B. Liebert tendered her resignation from the Board of Directors of the Company effective immediately. Ms. Liebert’s decision to resign is due to her recent appointment as Chair of the Board of Directors of Occidental Chemical Corporation (“OxyChem”), which produces basic and specialty chemicals, following the recent acquisition of OxyChem by Berkshire Hathaway Inc. and is not a result of any disagreement with the Company or any matter relating to the Company’s operations, policies or practices.お知らせ • Dec 20+ 3 more updatesDow Inc. to Report Q2, 2026 Results on Jul 23, 2026Dow Inc. announced that they will report Q2, 2026 results at 8:00 AM, US Eastern Standard Time on Jul 23, 2026Upcoming Dividend • Nov 20Upcoming dividend of US$0.35 per shareEligible shareholders must have bought the stock before 27 November 2025. Payment date: 12 December 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 6.6%. Within top quartile of Italian dividend payers (5.0%). Higher than average of industry peers (3.0%).Reported Earnings • Oct 24Third quarter 2025 earnings released: EPS: US$0.087 (vs US$0.30 in 3Q 2024)Third quarter 2025 results: EPS: US$0.087 (down from US$0.30 in 3Q 2024). Revenue: US$9.97b (down 8.3% from 3Q 2024). Net income: US$62.0m (down 71% from 3Q 2024). Profit margin: 0.6% (down from 1.9% in 3Q 2024). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Chemicals industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.Declared Dividend • Oct 13Second quarter dividend of US$0.35 announcedShareholders will receive a dividend of US$0.35. Ex-date: 27th November 2025 Payment date: 12th December 2025 Dividend yield will be 11%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments.お知らせ • Oct 10Dow Declares Quarterly Dividend, Payable on December 12, 2025Dow declared a dividend of 35 cents per share, payable December 12, 2025, to shareholders of record on November 28, 2025.お知らせ • Sep 04Dow Launches DrowsIL EG-4175 Silicone Gel to Enable Higher Voltage Power Electronics in Electric Vehicles and Renewable Energy TechnologiesDow launched DOWSIL™? EG-4175 Silicone Gel, a highly reliable protective solution for next-generation insulated gate bipolar transistor (IGBT) modules that operate at higher voltages. This new advanced material resists the higher temperatures associated with these IGBTs and supports greater reliability, lower power losses and higher power efficiencies in electric vehicle (EV) batteries and inverters for photovoltaic (PV) panels and wind turbines. Dow's new DOWSIL™?EG-4175 Silicone Gel withstands temperatures up to 180degC and expands Dow's growing portfolio of solutions for power electronics. The material also absorbs vibrations and has self-healing properties that repair small cracks without external intervention. It features self-priming adhesion for enhanced module protection and cures at room temperatures for excellent energy efficiency. Heat-accelerated curing may also be used to reduce cycle times. The launch of DOWSIL™? EG the4175 Silicone Gel supports key trends in EVs and renewable energy. In EVs, batteryvoltages are increasing from 400V to 800V to enable more efficient main inverter and faster battery charging. In PV panels and wind turbines, the power densities of inverters are increasing. This improves power efficiency and supports the handling of greater electrical loads. With higher junction temperature associated with higher voltage and greater electrical loads of the 7th generation IGBT technology, a silicone gel needs to have strong dielectric properties and enhanced thermal resistance. Dow's portfolio of silicone-based dielectric gel products provides thermal resistance, electrical insulation, encapsulation, stress relief, and mechanical and environmental protection. The company's advanced DOWSIL™? EG -4175 Silicone Gel builds on these properties to provide several other advantages, including high-temperature resistance, low levels of silicone oil bleed and adhesion without a primer. Gels are a special class of encapsulant that can cure to an extremely soft material while providing the dimensional stability of an appliance.お知らせ • Sep 03Macquarie Infrastructure Partners Vi Scsp a fund managed by Macquarie Infrastructure Partners Inc. acquired an additional 9% stake in Diamond Infrastructure Solutions LLC from Dow Inc. (NYSE:DOW) for $540 million.Macquarie Infrastructure Partners Vi Scsp a fund managed by Macquarie Infrastructure Partners Inc. acquired an additional 9% stake in Diamond Infrastructure Solutions LLC from Dow Inc. (NYSE:DOW) for $540 million on September 2, 2025. A cash consideration of $540 million will be paid by Macquarie Infrastructure Partners Vi Scsp and Macquarie Infrastructure Partners Inc. Dow and Macquarie Asset Management will drive the growth of Diamond Infrastructure Solutions through a wide range of services across sectors - including energy, environment, infrastructure and pipelines - to more than 70 existing and new customers, while Dow continues to maintain operational control as the majority owner of Diamond. Citi and Goldman Sachs acted as financial advisors to Dow, and Linklaters provided legal support. BMO Capital Markets acted as exclusive financial advisor to Macquarie Asset Management and Sidley Austin LLP acted as legal counsel. Macquarie Infrastructure Partners Vi Scsp a fund managed by Macquarie Infrastructure Partners Inc. acquired an additional 9% stake in Diamond Infrastructure Solutions LLC from Dow Inc. (NYSE:DOW) on September 2, 2025.お知らせ • Sep 01Robbins LLP Announces Filing of Class Action Lawsuit Against Dow IncRobbins LLP informed stockholders that a class action was filed on behalf of persons and entities that purchased or otherwise acquired Dow Inc. securities between January 30, 2025 and July 23, 2025. Dow is an American materials science company, serving customers in the packaging, infrastructure, mobility, and consumer applications industries. The Allegations: Robbins LLP is Investigating Allegations that Dow Inc. (DOW) Failed to Disclose the Truth about its Business Prospects According to the complaint, during the class period, defendants failed to disclose that (i) Dow's ability to mitigate macroeconomic and tariff-related headwinds, as well as to maintain the financial flexibility needed to support its lucrative dividend, was overstated, and (ii) the true scope and severity of the foregoing headwinds' negative impacts on Dow's business and financial condition was understated, particularly with respect to competitive and pricing pressures, softening global sales and demand for the Company's products, and an oversupply of products in the Company's global markets. Plaintiff alleges that on June 23, 2025, BMO downgraded Dow from "Market Perform" to "Underperform" while cutting its PT on the Company's stock to $22.00 per share from $29.00 per share. On this news, Dow's stock price fell $0.89 per share, or 3.21%, to close at $26.87 per share on June 23, 2025.Then, on July 24, 2025, Dow announced disappointing financial results for Second Quarter 2025. Specifically, Dow reported a non-GAAP loss per share of $0.42, significantly larger than the approximate $0.17to $0.18per share loss expected by analysts, and net sales of $10.1 billion, representing a 7.3% year over year decline and missing consensus estimates by $130 million. In a separate press release the same day, Dow revealed that it was cutting its dividend in half. On this news, the Company's stock price fell $5.30 per share, or 17.45%, to close at $25.07 per share on July 24, 2025.お知らせ • Jul 24Dow Declares Quarterly Dividend, Payable on September 12, 2025Dow announced that its Board of Directors has declared a dividend of 35 cents per share. The dividend is payable on September 12, 2025, to shareholders of record on August 29, 2025.お知らせ • Jul 07Dow Inc. Approves the Shutdown of Three Upstream European Assets in Response to Structural Challenges in the RegionDow Inc. announced that, as a follow-up to the European asset actions first announced in April 2025, its Board of Directors has approved the shutdown of three upstream assets in Europe, in addition to certain corporate assets across the Company’s global asset footprint: Packaging & Specialty Plastics: Ethylene cracker in Böhlen, Germany; shutdown expected in fourth quarter 2027; Industrial Intermediates & Infrastructure: Chlor-alkali & vinyl (CAV) assets in Schkopau, Germany; shutdown expected in fourth quarter 2027; Performance Materials & Coatings: Basics siloxanes plant in Barry, U.K.; shutdown expected mid-year 2026. The shutdown of upstream assets in Europe will right-size regional capacity, reduce merchant sale exposure, and remove higher-cost, energy-intensive portions of Dow’s portfolio in the region. This will improve the Company’s ability to supply profitable derivative demand and optimize margins. In April 2025, the Company announced it had identified three assets in Europe for action across all of its operating segments. On June 30, 2025, Dow’s Board of Directors approved restructuring actions to rationalize the Company’s global asset footprint, including these three assets as part of its European review, and certain corporate and other assets. As a result of these actions, the Company will record charges ranging from $630 million to $790 million, for both non-cash items—such as asset write-downs and write-offs—and cash items, such as exit and disposal of assets, as well as severance and related benefit costs. The shutdown of the assets is expected to begin in mid-2026 and is estimated to be complete by the end of 2027, with potential decommissioning and demolition to continue into 2029 as needed. Approximately 800 Dow roles will be impacted as a result of these actions. These roles are in addition to the $1 billion cost savings actions announced in January that included a workforce reduction of approximately 1,500 Dow roles globally.Buy Or Sell Opportunity • Jun 13Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to €26.00. The fair value is estimated to be €33.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 80%. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are also forecast to grow by 46% per annum over the same time period.New Risk • May 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 7x earnings per share. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).Reported Earnings • Apr 25First quarter 2025 earnings released: US$0.43 loss per share (vs US$0.73 profit in 1Q 2024)First quarter 2025 results: US$0.43 loss per share (down from US$0.73 profit in 1Q 2024). Revenue: US$10.4b (down 3.1% from 1Q 2024). Net loss: US$307.0m (down 160% from profit in 1Q 2024). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Chemicals industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.お知らせ • Apr 11Dow Inc. Approves Quarterly Dividend, Payable on June 13, 2025Dow Inc. at its AGM held on April 10, 2025, declared a quarterly dividend of 70 cents per share, payable June 13, 2025, to shareholders of record on May 30, 2025.Board Change • Apr 07Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. Independent Director Jerri DeVard was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Feb 20Dow Inc., Annual General Meeting, Apr 10, 2025Dow Inc., Annual General Meeting, Apr 10, 2025.お知らせ • Nov 05Dow Inc. to Report Fiscal Year 2025 Results on Jan 29, 2026Dow Inc. announced that they will report fiscal year 2025 results at 8:00 AM, US Eastern Standard Time on Jan 29, 2026株主還元1DOWIT ChemicalsIT 市場7D-5.7%-3.5%-1.1%1Y24.6%26.7%17.6%株主還元を見る業界別リターン: 1DOW過去 1 年間で28.9 % の収益を上げたItalian Chemicals業界を下回りました。リターン対市場: 1DOW過去 1 年間で16.8 % の収益を上げたItalian市場を上回りました。価格変動Is 1DOW's price volatile compared to industry and market?1DOW volatility1DOW Average Weekly Movement8.5%Chemicals Industry Average Movement5.2%Market Average Movement5.1%10% most volatile stocks in IT Market8.4%10% least volatile stocks in IT Market3.2%安定した株価: 1DOWの株価は、 Italian市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 1DOWの weekly volatility ( 9% ) は過去 1 年間安定していますが、依然としてItalianの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト189734,600Jim Fitterlingwww.dow.comダウ・インクは子会社を通じて、米国、カナダ、欧州、中東、アフリカ、インド、アジア太平洋地域、中南米において、パッケージング、インフラストラクチャー、モビリティ、消費者用途向けの様々な材料科学ソリューションを提供している。同社はパッケージング＆スペシャリティプラスチックス、工業中間体＆インフラストラクチャー、パフォーマンスマテリアルズ＆コーティングの各セグメントを通じて事業を展開している。包装・機能性プラスチック部門は、エチレン、プロピレン、ポリエチレン、芳香族製品、およびポリオレフィンエラストマー、エチレン酢酸ビニル、エチレンプロピレンジエンモノマーゴムなどのその他のエチレン誘導品を提供している。工業用中間体・インフラストラクチャー事業では、酸化プロピレン、プロピレングリコール、ポリエーテルポリオールなどのポリウレタン、芳香族イソシアネート、完全配合ポリウレタンシステム、塩素・苛性ソーダ、二塩化エチレン、塩化ビニルモノマーからなるクロール・アルカリ・ビニル、セルロースエーテル、再分散性ラテックスパウダー、アクリルエマルションからなる建築用化学品、コーティング剤、接着剤、シーリング剤、エラストマー、複合材料を提供している。パフォーマンスマテリアルズ＆コーティングス部門は、建築用塗料、工業用塗料、アクリル系ビルディングブロック、シリコンメタル、シロキサン、中間体などを提供している。また、損害保険や再保険事業も行っている。ダウは1897年に設立され、ミシガン州ミッドランドに本社を置く。もっと見るDow Inc. 基礎のまとめDow の収益と売上を時価総額と比較するとどうか。1DOW 基礎統計学時価総額€22.50b収益（TTM）-€2.46b売上高(TTM)€33.86b0.7xP/Sレシオ-9.1xPER（株価収益率1DOW は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計1DOW 損益計算書（TTM）収益US$39.33b売上原価US$36.87b売上総利益US$2.46bその他の費用US$5.32b収益-US$2.86b直近の収益報告Mar 31, 2026次回決算日Jul 23, 2026一株当たり利益（EPS）-3.97グロス・マージン6.25%純利益率-7.27%有利子負債／自己資本比率108.2%1DOW の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.9%現在の配当利回り-44%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 02:01終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Dow Inc. 14 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。36 アナリスト機関William SeleskyArgus Research Companynull nullArgus Research CompanyMichael LeitheadBarclays33 その他のアナリストを表示
お知らせ • May 21Dow and X-Energy Receive Environmental Assessment Approval from Nuclear Regulatory Commission for Advanced Nuclear Project in TexasDow and X-energy, Inc. had the U.S. Nuclear Regulatory Commission complete its Environmental Assessment for Dow and X-energy's Construction Permit Application for a proposed advanced nuclear project in Seadrift, Texas. The NRC's review was completed ahead of schedule following a comprehensive independent analysis by the NRC, concluding with a Finding of No Significant Impact. Long Mott Generating Station is being developed through Dow's wholly owned subsidiary, Long Mott Energy, LLC under the U.S. Department of Energy's Advanced Reactor Demonstration Program. The proposed project would provide both electricity and high-temperature industrial steam to Dow's UCC Seadrift Operations, powering the production of more than 4 billion pounds of materials per year. Once complete, Long Mott Generating Station is expected to be the first grid-scale advanced nuclear reactor deployed to serve an industrial site in North America. The Finding of No Significant Impact conclusion on the Environmental Assessment follows an extensive independent analysis by NRC staff, evaluating potential impacts to air quality, water resources, and local species habitats under globally recognized safety and environmental standards. The NRC completed its environmental review in under one year, benefiting from X-energy's pre-licensing work on its XE-100 small modular reactor, and a comprehensive Construction Permit Application submittal that meets the federal requirements for the protection of public health, safety, and the environment. Dow and X-energy's Construction Permit Application included a 1,000+ page Environmental Report supported by year-long field surveys, groundwater monitoring wells with 12 months of water quality measurements, and engagement with multiple state agencies including the Texas Historical Commission, Texas Parks and Wildlife Department, and Texas General Land Office. Throughout the project, Dow and X-energy have taken a proactive approach to environmental mitigation by identifying sensitive habitats before finalizing the site layout, proposing facility siting to avoid impacts to protected resources, and designing around environmental constraints rather than mitigating for them after the fact. Since 2018, X-energy, and subsequently Dow, have worked with the NRC through extensive pre-application engagement to demonstrate the XE-100's safety profile. This technical foundation helps enable a predictable, well-defined regulatory process focused on site-specific factors rather than fundamental reactor safety questions, creating opportunities for enhanced efficiency throughout the licensing process. X-energy's XE-100 is an 80 MW high-temperature gas-cooled reactor designed to enable a minimal environmental footprint. The reactor's helium coolant does not become radioactive during operation, eliminating entire categories of radiological considerations and adverse environmental impacts. Minimal water requirements eliminate major aquatic ecosystem impacts, and the absence of cooling towers or water intake structures reduces both visual and environmental disruption, as well as site impact during construction. These design characteristics enable exceptional environmental protection while delivering reliable, clean energy for industrial applications.
Reported Earnings • Apr 24First quarter 2026 earnings released: US$0.74 loss per share (vs US$0.44 loss in 1Q 2025)First quarter 2026 results: US$0.74 loss per share (further deteriorated from US$0.44 loss in 1Q 2025). Revenue: US$9.79b (down 6.1% from 1Q 2025). Net loss: US$533.0m (loss widened 72% from 1Q 2025). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Chemicals industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 16Dow Inc. Announces Chief Executive Officer Changes, Effective July 1, 2026Dow Inc. announced that Jim Fitterling, Chair and Chief Executive Officer, will become Executive Chair of the Board, effective July 1, 2026. The Dow Board of Directors has appointed Karen S. Carter, currently Chief Operating Officer, as Chief Executive Officer, effective July 1, 2026. Carter will also join Dow's Board of Directors at that time. Richard Davis will continue to serve as Dow's Independent Lead Director. In his new role, Fitterling will continue to chair the Board and focus on long-term strategy, governance, and key external relationships, while supporting continuity in leadership and execution. A Proven Leader to Lead Dow Forward Karen S. Carter brings more than three decades of experience at Dow, with deep operational expertise and a strong track record of delivering results across the enterprise. As Chief Operating Officer, she has overseen business and operational performance company-wide, with responsibility for Dow's operating segments and key functional organizations, while strengthening customer engagement and accelerating innovation. Previously, Carter served as President of Dow's Packaging & Specialty Plastics, the company's largest operating segment, where she led value growth through asset upgrades, capacity expansions and improved reliability, while advancing circular economy solutions in close partnership with customers and brand owners. She has also held senior leadership roles across business, commercial, and corporate functions, giving her a uniquely holistic perspective on Dow's operations.
お知らせ • Apr 15Dow Inc. Announces Board Changes, Effective July 1, 2026Dow Inc. announced that Jim Fitterling, Chair and Chief Executive Officer, will become Executive Chair of the Board, effective July 1, 2026. The Dow Board of Directors has appointed Karen S. Carter, currently Chief Operating Officer, as Chief Executive Officer, effective July 1, 2026. Carter will also join Dow's Board of Directors at that time. Richard Davis will continue to serve as Dow's Independent Lead Director. In his new role, Fitterling will continue to chair the Board and focus on long-term strategy, governance, and key external relationships, while supporting continuity in leadership and execution. A Proven Leader to Lead Dow Forward Karen S. Carter brings more than three decades of experience at Dow, with deep operational expertise and a strong track record of delivering results across the enterprise. As Chief Operating Officer, she has overseen business and operational performance company-wide, with responsibility for Dow's operating segments and key functional organizations, while strengthening customer engagement and accelerating innovation. Previously, Carter served as President of Dow's Packaging &Specialty Plastics, the company's largest operating segment, where she led value growth through asset upgrades, capacity expansions and improved reliability, while advancing circular economy solutions in close partnership with customers and brand owners. She has also held senior leadership roles across business, commercial, and corporate functions, giving her a uniquely holistic perspective on Dow's operations.
お知らせ • Apr 11Dow Inc. Declares Quarterly Dividend, Payable on June 12, 2026The Board of Directors of Dow Inc. declared a quarterly dividend of 35 cents per share, payable June 12, 2026, to shareholders of record on May 29, 2026.
New Risk • Apr 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.1% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.2% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.
お知らせ • May 21Dow and X-Energy Receive Environmental Assessment Approval from Nuclear Regulatory Commission for Advanced Nuclear Project in TexasDow and X-energy, Inc. had the U.S. Nuclear Regulatory Commission complete its Environmental Assessment for Dow and X-energy's Construction Permit Application for a proposed advanced nuclear project in Seadrift, Texas. The NRC's review was completed ahead of schedule following a comprehensive independent analysis by the NRC, concluding with a Finding of No Significant Impact. Long Mott Generating Station is being developed through Dow's wholly owned subsidiary, Long Mott Energy, LLC under the U.S. Department of Energy's Advanced Reactor Demonstration Program. The proposed project would provide both electricity and high-temperature industrial steam to Dow's UCC Seadrift Operations, powering the production of more than 4 billion pounds of materials per year. Once complete, Long Mott Generating Station is expected to be the first grid-scale advanced nuclear reactor deployed to serve an industrial site in North America. The Finding of No Significant Impact conclusion on the Environmental Assessment follows an extensive independent analysis by NRC staff, evaluating potential impacts to air quality, water resources, and local species habitats under globally recognized safety and environmental standards. The NRC completed its environmental review in under one year, benefiting from X-energy's pre-licensing work on its XE-100 small modular reactor, and a comprehensive Construction Permit Application submittal that meets the federal requirements for the protection of public health, safety, and the environment. Dow and X-energy's Construction Permit Application included a 1,000+ page Environmental Report supported by year-long field surveys, groundwater monitoring wells with 12 months of water quality measurements, and engagement with multiple state agencies including the Texas Historical Commission, Texas Parks and Wildlife Department, and Texas General Land Office. Throughout the project, Dow and X-energy have taken a proactive approach to environmental mitigation by identifying sensitive habitats before finalizing the site layout, proposing facility siting to avoid impacts to protected resources, and designing around environmental constraints rather than mitigating for them after the fact. Since 2018, X-energy, and subsequently Dow, have worked with the NRC through extensive pre-application engagement to demonstrate the XE-100's safety profile. This technical foundation helps enable a predictable, well-defined regulatory process focused on site-specific factors rather than fundamental reactor safety questions, creating opportunities for enhanced efficiency throughout the licensing process. X-energy's XE-100 is an 80 MW high-temperature gas-cooled reactor designed to enable a minimal environmental footprint. The reactor's helium coolant does not become radioactive during operation, eliminating entire categories of radiological considerations and adverse environmental impacts. Minimal water requirements eliminate major aquatic ecosystem impacts, and the absence of cooling towers or water intake structures reduces both visual and environmental disruption, as well as site impact during construction. These design characteristics enable exceptional environmental protection while delivering reliable, clean energy for industrial applications.
Reported Earnings • Apr 24First quarter 2026 earnings released: US$0.74 loss per share (vs US$0.44 loss in 1Q 2025)First quarter 2026 results: US$0.74 loss per share (further deteriorated from US$0.44 loss in 1Q 2025). Revenue: US$9.79b (down 6.1% from 1Q 2025). Net loss: US$533.0m (loss widened 72% from 1Q 2025). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Chemicals industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 16Dow Inc. Announces Chief Executive Officer Changes, Effective July 1, 2026Dow Inc. announced that Jim Fitterling, Chair and Chief Executive Officer, will become Executive Chair of the Board, effective July 1, 2026. The Dow Board of Directors has appointed Karen S. Carter, currently Chief Operating Officer, as Chief Executive Officer, effective July 1, 2026. Carter will also join Dow's Board of Directors at that time. Richard Davis will continue to serve as Dow's Independent Lead Director. In his new role, Fitterling will continue to chair the Board and focus on long-term strategy, governance, and key external relationships, while supporting continuity in leadership and execution. A Proven Leader to Lead Dow Forward Karen S. Carter brings more than three decades of experience at Dow, with deep operational expertise and a strong track record of delivering results across the enterprise. As Chief Operating Officer, she has overseen business and operational performance company-wide, with responsibility for Dow's operating segments and key functional organizations, while strengthening customer engagement and accelerating innovation. Previously, Carter served as President of Dow's Packaging & Specialty Plastics, the company's largest operating segment, where she led value growth through asset upgrades, capacity expansions and improved reliability, while advancing circular economy solutions in close partnership with customers and brand owners. She has also held senior leadership roles across business, commercial, and corporate functions, giving her a uniquely holistic perspective on Dow's operations.
お知らせ • Apr 15Dow Inc. Announces Board Changes, Effective July 1, 2026Dow Inc. announced that Jim Fitterling, Chair and Chief Executive Officer, will become Executive Chair of the Board, effective July 1, 2026. The Dow Board of Directors has appointed Karen S. Carter, currently Chief Operating Officer, as Chief Executive Officer, effective July 1, 2026. Carter will also join Dow's Board of Directors at that time. Richard Davis will continue to serve as Dow's Independent Lead Director. In his new role, Fitterling will continue to chair the Board and focus on long-term strategy, governance, and key external relationships, while supporting continuity in leadership and execution. A Proven Leader to Lead Dow Forward Karen S. Carter brings more than three decades of experience at Dow, with deep operational expertise and a strong track record of delivering results across the enterprise. As Chief Operating Officer, she has overseen business and operational performance company-wide, with responsibility for Dow's operating segments and key functional organizations, while strengthening customer engagement and accelerating innovation. Previously, Carter served as President of Dow's Packaging &Specialty Plastics, the company's largest operating segment, where she led value growth through asset upgrades, capacity expansions and improved reliability, while advancing circular economy solutions in close partnership with customers and brand owners. She has also held senior leadership roles across business, commercial, and corporate functions, giving her a uniquely holistic perspective on Dow's operations.
お知らせ • Apr 11Dow Inc. Declares Quarterly Dividend, Payable on June 12, 2026The Board of Directors of Dow Inc. declared a quarterly dividend of 35 cents per share, payable June 12, 2026, to shareholders of record on May 29, 2026.
New Risk • Apr 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.1% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.2% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.
Buy Or Sell Opportunity • Apr 07Now 20% undervaluedOver the last 90 days, the stock has risen 58% to €34.00. The fair value is estimated to be €42.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 2.7% in a year. Earnings are forecast to grow by 90% in the next year.
お知らせ • Mar 02Dow Inc., Annual General Meeting, Apr 09, 2026Dow Inc., Annual General Meeting, Apr 09, 2026.
お知らせ • Feb 13Dow Inc. Declares Quarterly Dividend, Payable on March 13, 2026Dow Inc. has declared a quarterly dividend of 35 cents per share, payable March 13, 2026, to shareholders of record on February 27, 2026.
Reported Earnings • Jan 30Full year 2025 earnings released: US$3.69 loss per share (vs US$1.57 profit in FY 2024)Full year 2025 results: US$3.69 loss per share (down from US$1.57 profit in FY 2024). Revenue: US$40.0b (down 7.0% from FY 2024). Net loss: US$2.62b (down 338% from profit in FY 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Chemicals industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 06Dow Inc. Announces Management ChangesOn December 29, 2025, A.N. Sreeram, Senior Vice President and Chief Technology Officer of Dow Inc. (“Dow” or the “Company”), provided notice of his retirement from the Company effective June 30, 2026. Dr. Sreeram will be succeeded by Andre Argenton, who has been appointed Chief Technology and Sustainability Officer effective January 1, 2026. Dr. Argenton has most recently served as Dow’s Chief Sustainability Officer and Vice President of Environment, Health & Safety. He brings over 25 years of experience at Dow, including senior leadership roles in Research & Development. In his new role, Dr. Argenton will lead Dow’s global research and development organization while continuing to lead Dow’s environment, health, safety and sustainability organization. On January 2, 2026, Rebecca B. Liebert tendered her resignation from the Board of Directors of the Company effective immediately. Ms. Liebert’s decision to resign is due to her recent appointment as Chair of the Board of Directors of Occidental Chemical Corporation (“OxyChem”), which produces basic and specialty chemicals, following the recent acquisition of OxyChem by Berkshire Hathaway Inc. and is not a result of any disagreement with the Company or any matter relating to the Company’s operations, policies or practices.
お知らせ • Dec 20+ 3 more updatesDow Inc. to Report Q2, 2026 Results on Jul 23, 2026Dow Inc. announced that they will report Q2, 2026 results at 8:00 AM, US Eastern Standard Time on Jul 23, 2026
Upcoming Dividend • Nov 20Upcoming dividend of US$0.35 per shareEligible shareholders must have bought the stock before 27 November 2025. Payment date: 12 December 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 6.6%. Within top quartile of Italian dividend payers (5.0%). Higher than average of industry peers (3.0%).
Reported Earnings • Oct 24Third quarter 2025 earnings released: EPS: US$0.087 (vs US$0.30 in 3Q 2024)Third quarter 2025 results: EPS: US$0.087 (down from US$0.30 in 3Q 2024). Revenue: US$9.97b (down 8.3% from 3Q 2024). Net income: US$62.0m (down 71% from 3Q 2024). Profit margin: 0.6% (down from 1.9% in 3Q 2024). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Chemicals industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
Declared Dividend • Oct 13Second quarter dividend of US$0.35 announcedShareholders will receive a dividend of US$0.35. Ex-date: 27th November 2025 Payment date: 12th December 2025 Dividend yield will be 11%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments.
お知らせ • Oct 10Dow Declares Quarterly Dividend, Payable on December 12, 2025Dow declared a dividend of 35 cents per share, payable December 12, 2025, to shareholders of record on November 28, 2025.
お知らせ • Sep 04Dow Launches DrowsIL EG-4175 Silicone Gel to Enable Higher Voltage Power Electronics in Electric Vehicles and Renewable Energy TechnologiesDow launched DOWSIL™? EG-4175 Silicone Gel, a highly reliable protective solution for next-generation insulated gate bipolar transistor (IGBT) modules that operate at higher voltages. This new advanced material resists the higher temperatures associated with these IGBTs and supports greater reliability, lower power losses and higher power efficiencies in electric vehicle (EV) batteries and inverters for photovoltaic (PV) panels and wind turbines. Dow's new DOWSIL™?EG-4175 Silicone Gel withstands temperatures up to 180degC and expands Dow's growing portfolio of solutions for power electronics. The material also absorbs vibrations and has self-healing properties that repair small cracks without external intervention. It features self-priming adhesion for enhanced module protection and cures at room temperatures for excellent energy efficiency. Heat-accelerated curing may also be used to reduce cycle times. The launch of DOWSIL™? EG the4175 Silicone Gel supports key trends in EVs and renewable energy. In EVs, batteryvoltages are increasing from 400V to 800V to enable more efficient main inverter and faster battery charging. In PV panels and wind turbines, the power densities of inverters are increasing. This improves power efficiency and supports the handling of greater electrical loads. With higher junction temperature associated with higher voltage and greater electrical loads of the 7th generation IGBT technology, a silicone gel needs to have strong dielectric properties and enhanced thermal resistance. Dow's portfolio of silicone-based dielectric gel products provides thermal resistance, electrical insulation, encapsulation, stress relief, and mechanical and environmental protection. The company's advanced DOWSIL™? EG -4175 Silicone Gel builds on these properties to provide several other advantages, including high-temperature resistance, low levels of silicone oil bleed and adhesion without a primer. Gels are a special class of encapsulant that can cure to an extremely soft material while providing the dimensional stability of an appliance.
お知らせ • Sep 03Macquarie Infrastructure Partners Vi Scsp a fund managed by Macquarie Infrastructure Partners Inc. acquired an additional 9% stake in Diamond Infrastructure Solutions LLC from Dow Inc. (NYSE:DOW) for $540 million.Macquarie Infrastructure Partners Vi Scsp a fund managed by Macquarie Infrastructure Partners Inc. acquired an additional 9% stake in Diamond Infrastructure Solutions LLC from Dow Inc. (NYSE:DOW) for $540 million on September 2, 2025. A cash consideration of $540 million will be paid by Macquarie Infrastructure Partners Vi Scsp and Macquarie Infrastructure Partners Inc. Dow and Macquarie Asset Management will drive the growth of Diamond Infrastructure Solutions through a wide range of services across sectors - including energy, environment, infrastructure and pipelines - to more than 70 existing and new customers, while Dow continues to maintain operational control as the majority owner of Diamond. Citi and Goldman Sachs acted as financial advisors to Dow, and Linklaters provided legal support. BMO Capital Markets acted as exclusive financial advisor to Macquarie Asset Management and Sidley Austin LLP acted as legal counsel. Macquarie Infrastructure Partners Vi Scsp a fund managed by Macquarie Infrastructure Partners Inc. acquired an additional 9% stake in Diamond Infrastructure Solutions LLC from Dow Inc. (NYSE:DOW) on September 2, 2025.
お知らせ • Sep 01Robbins LLP Announces Filing of Class Action Lawsuit Against Dow IncRobbins LLP informed stockholders that a class action was filed on behalf of persons and entities that purchased or otherwise acquired Dow Inc. securities between January 30, 2025 and July 23, 2025. Dow is an American materials science company, serving customers in the packaging, infrastructure, mobility, and consumer applications industries. The Allegations: Robbins LLP is Investigating Allegations that Dow Inc. (DOW) Failed to Disclose the Truth about its Business Prospects According to the complaint, during the class period, defendants failed to disclose that (i) Dow's ability to mitigate macroeconomic and tariff-related headwinds, as well as to maintain the financial flexibility needed to support its lucrative dividend, was overstated, and (ii) the true scope and severity of the foregoing headwinds' negative impacts on Dow's business and financial condition was understated, particularly with respect to competitive and pricing pressures, softening global sales and demand for the Company's products, and an oversupply of products in the Company's global markets. Plaintiff alleges that on June 23, 2025, BMO downgraded Dow from "Market Perform" to "Underperform" while cutting its PT on the Company's stock to $22.00 per share from $29.00 per share. On this news, Dow's stock price fell $0.89 per share, or 3.21%, to close at $26.87 per share on June 23, 2025.Then, on July 24, 2025, Dow announced disappointing financial results for Second Quarter 2025. Specifically, Dow reported a non-GAAP loss per share of $0.42, significantly larger than the approximate $0.17to $0.18per share loss expected by analysts, and net sales of $10.1 billion, representing a 7.3% year over year decline and missing consensus estimates by $130 million. In a separate press release the same day, Dow revealed that it was cutting its dividend in half. On this news, the Company's stock price fell $5.30 per share, or 17.45%, to close at $25.07 per share on July 24, 2025.
お知らせ • Jul 24Dow Declares Quarterly Dividend, Payable on September 12, 2025Dow announced that its Board of Directors has declared a dividend of 35 cents per share. The dividend is payable on September 12, 2025, to shareholders of record on August 29, 2025.
お知らせ • Jul 07Dow Inc. Approves the Shutdown of Three Upstream European Assets in Response to Structural Challenges in the RegionDow Inc. announced that, as a follow-up to the European asset actions first announced in April 2025, its Board of Directors has approved the shutdown of three upstream assets in Europe, in addition to certain corporate assets across the Company’s global asset footprint: Packaging & Specialty Plastics: Ethylene cracker in Böhlen, Germany; shutdown expected in fourth quarter 2027; Industrial Intermediates & Infrastructure: Chlor-alkali & vinyl (CAV) assets in Schkopau, Germany; shutdown expected in fourth quarter 2027; Performance Materials & Coatings: Basics siloxanes plant in Barry, U.K.; shutdown expected mid-year 2026. The shutdown of upstream assets in Europe will right-size regional capacity, reduce merchant sale exposure, and remove higher-cost, energy-intensive portions of Dow’s portfolio in the region. This will improve the Company’s ability to supply profitable derivative demand and optimize margins. In April 2025, the Company announced it had identified three assets in Europe for action across all of its operating segments. On June 30, 2025, Dow’s Board of Directors approved restructuring actions to rationalize the Company’s global asset footprint, including these three assets as part of its European review, and certain corporate and other assets. As a result of these actions, the Company will record charges ranging from $630 million to $790 million, for both non-cash items—such as asset write-downs and write-offs—and cash items, such as exit and disposal of assets, as well as severance and related benefit costs. The shutdown of the assets is expected to begin in mid-2026 and is estimated to be complete by the end of 2027, with potential decommissioning and demolition to continue into 2029 as needed. Approximately 800 Dow roles will be impacted as a result of these actions. These roles are in addition to the $1 billion cost savings actions announced in January that included a workforce reduction of approximately 1,500 Dow roles globally.
Buy Or Sell Opportunity • Jun 13Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to €26.00. The fair value is estimated to be €33.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 80%. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are also forecast to grow by 46% per annum over the same time period.
New Risk • May 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 7x earnings per share. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).
Reported Earnings • Apr 25First quarter 2025 earnings released: US$0.43 loss per share (vs US$0.73 profit in 1Q 2024)First quarter 2025 results: US$0.43 loss per share (down from US$0.73 profit in 1Q 2024). Revenue: US$10.4b (down 3.1% from 1Q 2024). Net loss: US$307.0m (down 160% from profit in 1Q 2024). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Chemicals industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 11Dow Inc. Approves Quarterly Dividend, Payable on June 13, 2025Dow Inc. at its AGM held on April 10, 2025, declared a quarterly dividend of 70 cents per share, payable June 13, 2025, to shareholders of record on May 30, 2025.
Board Change • Apr 07Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. Independent Director Jerri DeVard was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Feb 20Dow Inc., Annual General Meeting, Apr 10, 2025Dow Inc., Annual General Meeting, Apr 10, 2025.
お知らせ • Nov 05Dow Inc. to Report Fiscal Year 2025 Results on Jan 29, 2026Dow Inc. announced that they will report fiscal year 2025 results at 8:00 AM, US Eastern Standard Time on Jan 29, 2026
