Dow (DOW) Capital Expenditures (2009 - 2026)
Dow's Capital Expenditures came in at $706 million for Q3 2026, up 25.2% from $564 million a year earlier and up 11.7% from the prior quarter.
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Analysis
Dow (DOW) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Dow reported Capital Expenditures of $2.48 billion, down 10.1% year-over-year; for FY2025, it was $2.64 billion, down 16.1% from FY2024.
- Capital Expenditures carries a five-year compound annual growth rate of 15.9% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $3.14 billion in FY2024 (+21.9%), $2.58 billion in FY2023 (+27.6%), $2.02 billion in FY2022 (-11.7%) and $2.29 billion in FY2021 (+81.2%).
- The Q3 2026 figure represents the highest quarterly Capital Expenditures since Q1 2025.
- Year-over-year, Capital Expenditures increased in two of the last eight quarters, with an average decline of 8.4%.
- The fastest year-over-year change in Capital Expenditures over five years came in Q4 2021 (growth of 303.7%), and the weakest in Q4 2022 (a decline of 45.4%).
- Business Quant data shows DOW's Capital Expenditures at $632 million (Q2 2026), $524 million (Q1 2026) and $615 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 238.84 Bn | 220.98 Bn | 4.44 Bn | 1.39 Bn |
| 2 | Corning | 98.69 Bn | 90.37 Bn | 1.81 Bn | 545.00 Mn |
| 3 | Sherwin Williams | 85.12 Bn | 84.13 Bn | 3.28 Bn | 128.70 Mn |
| 4 | Air Products & Chemicals | 69.02 Bn | 64.21 Bn | 1.04 Bn | 995.70 Mn |
| 5 | LyondellBasell Industries | 38.36 Bn | 26.43 Bn | 1.50 Bn | 303.00 Mn |
| 6 | Nutrien | 34.35 Bn | 30.38 Bn | - | - |
| 7 | Ppg Industries | 27.44 Bn | 20.36 Bn | 1.76 Bn | 155.00 Mn |
| 8 | Qnity Electronics | 26.06 Bn | 22.20 Bn | 743.00 Mn | 78.00 Mn |
| 9 | Ati | 25.56 Bn | 23.51 Bn | 380.20 Mn | 92.80 Mn |
| 10 | Dow | 22.14 Bn | 6.10 Bn | 1.38 Bn | 706.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 706.00 Mn |
| 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 |
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();