Dow (DOW) Capital Expenditures (2009 - 2026)
Dow's Capital Expenditures came in at $632 million for Q2 2026, down 4.5% from $662 million a year earlier but up 25.6% from the prior quarter.
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Analysis
Dow (DOW) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Dow reported Capital Expenditures of $2.27 billion, down 20.5% year-over-year; for FY2025, it was $2.48 billion, down 15.7% from FY2024.
- Capital Expenditures carries a five-year compound annual growth rate of 14.6% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $2.94 billion in FY2024 (+24.8%), $2.36 billion in FY2023 (+29.2%), $1.82 billion in FY2022 (+21.5%) and $1.5 billion in FY2021 (+19.9%).
- The five-year range for quarterly Capital Expenditures is $315 million (Q1 2022) to $767 million (Q4 2024).
- Year-over-year, Capital Expenditures has declined for six consecutive quarters, with an average decline of 8.6% over the last eight quarters.
- The fastest year-over-year change in Capital Expenditures over five years came in Q1 2024 (growth of 62.3%), and the weakest in Q1 2026 (a decline of 26.6%).
- Business Quant data shows DOW's Capital Expenditures at $503 million (Q1 2026), $568 million (Q4 2025) and $564 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.08 Bn | 213.65 Bn | 4.43 Bn | 1.44 Bn |
| 2 | Corning | 113.97 Bn | 106.54 Bn | 1.63 Bn | 422.00 Mn |
| 3 | Sherwin Williams | 81.98 Bn | 81.03 Bn | 3.34 Bn | 108.40 Mn |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | 995.70 Mn |
| 5 | LyondellBasell Industries | 41.35 Bn | 30.86 Bn | 2.04 Bn | 270.00 Mn |
| 6 | Nutrien | 33.62 Bn | 30.45 Bn | 3.25 Bn | -491.00 Mn |
| 7 | Ati | 24.94 Bn | 22.97 Bn | 309.80 Mn | 68.60 Mn |
| 8 | Qnity Electronics | 24.80 Bn | 21.94 Bn | 666.00 Mn | 90.00 Mn |
| 9 | Ppg Industries | 24.22 Bn | 16.88 Bn | 1.81 Bn | 113.00 Mn |
| 10 | Dow | 22.21 Bn | 5.70 Bn | 2.17 Bn | 632.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 632.00 Mn |
| Mar 31, 2026 | 524.00 Mn |
| Dec 31, 2025 | 615.00 Mn |
| Sep 30, 2025 | 564.00 Mn |
| Jun 30, 2025 | 662.00 Mn |
| Mar 31, 2025 | 715.00 Mn |
| Dec 31, 2024 | 813.00 Mn |
| Sep 30, 2024 | 736.00 Mn |
| Jun 30, 2024 | 723.00 Mn |
| Mar 31, 2024 | 766.00 Mn |
| Dec 31, 2023 | 800.00 Mn |
| Sep 30, 2023 | 597.00 Mn |
| Jun 30, 2023 | 561.00 Mn |
| Mar 31, 2023 | 497.00 Mn |
| Dec 31, 2022 | 657.00 Mn |
| Sep 30, 2022 | 452.00 Mn |
| Jun 30, 2022 | 457.00 Mn |
| Mar 31, 2022 | 354.00 Mn |
| Dec 31, 2021 | 1.20 Bn |
| Sep 30, 2021 | 413.00 Mn |
API Access
Dow Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=DOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "DOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=DOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();