Dow (DOW) Debt Ratio (2009 - 2026)
Dow's (DOW) Debt Ratio was 0.29 for Q2 2026, up 2.6% from 0.28 a year earlier but down 3.7% from the prior quarter.
Analysis
Dow (DOW) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Dow was 0.31, up 8.8% from FY2024.
- Debt Ratio has increased for four consecutive years.
- By year, Debt Ratio came in at 0.29 in FY2024 (+9.6%), 0.26 in FY2023 (+2.3%), 0.25 in FY2022 (+9.3%) and 0.23 in FY2021 (-16.3%).
- Five-year quarterly Debt Ratio spans a low of 0.22 in Q2 2022 and a high of 0.31 in Q4 2025.
- Year over year, Debt Ratio has now increased in each of the last 15 quarters, with growth averaging 6.0% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was Q2 2023 (growth of 16.1%); the low point was Q3 2021 (a decline of 18.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.30 (Q1 2026), 0.31 (Q4 2025) and 0.30 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 231.10 Bn | 212.68 Bn | 4.43 Bn | 0.32 |
| 2 | Corning | 115.84 Bn | 108.41 Bn | 1.63 Bn | 0.26 |
| 3 | Sherwin Williams | 81.67 Bn | 80.71 Bn | 3.34 Bn | 0.45 |
| 4 | Air Products & Chemicals | 67.09 Bn | 62.27 Bn | 1.04 Bn | 0.43 |
| 5 | LyondellBasell Industries | 40.66 Bn | 30.17 Bn | 2.04 Bn | 0.37 |
| 6 | Nutrien | 33.10 Bn | 29.93 Bn | 3.25 Bn | 0.21 |
| 7 | Qnity Electronics | 25.10 Bn | 22.24 Bn | 666.00 Mn | 0.28 |
| 8 | Ati | 24.75 Bn | 22.78 Bn | 309.80 Mn | 0.38 |
| 9 | Ppg Industries | 24.29 Bn | 16.95 Bn | 1.81 Bn | 0.31 |
| 10 | Dow | 21.80 Bn | 5.29 Bn | 2.17 Bn | 0.29 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| Mar 31, 2026 | 0.30 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.28 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | 0.28 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 0.26 |
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | 0.22 |
| Mar 31, 2022 | 0.23 |
| Dec 31, 2021 | 0.23 |
| Sep 30, 2021 | 0.24 |
API Access
Dow Debt Ratio 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=debt-ratio&ticker=DOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=DOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();