Dow (DOW) EBITDA Margin (2009 - 2026)
Dow's EBITDA Margin was 13.12% in Q2 2026, up 11.32 percentage points from 1.79% a year earlier and up 5.62 percentage points from the prior quarter.
Dow (DOW) EBITDA Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Dow's EBITDA Margin was 7.01% through Jun 30, 2026, down 0.34 percentage points year-over-year; for FY2025, it was 3.42%, down 8.23 percentage points from FY2024.
- EBITDA Margin shows a five-year change of -9.87 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 11.65% in FY2024 (+1.55 pp), 10.10% in FY2023 (-5.15 pp), 15.25% in FY2022 (-4.96 pp) and 20.21% in FY2021 (+6.92 pp).
- The Q2 2026 figure marks the highest quarterly EBITDA Margin since Q2 2023.
- Compared with a year earlier, EBITDA Margin was higher in three of the last eight quarters, with an average year-over-year change of -2.50 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was Q3 2021 (a gain of 18.82 percentage points); the worst was Q4 2025 (a drop of 13.61 percentage points).
- Per Business Quant data, DOW's EBITDA Margin in the three quarters before Q2 2026 was 7.49% (Q1 2026), -3.07% (Q4 2025) and 8.67% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 231.14 Bn | 212.72 Bn | 4.43 Bn | 37.86% |
| 2 | Corning | 114.52 Bn | 107.08 Bn | 1.63 Bn | 24.17% |
| 3 | Sherwin Williams | 81.99 Bn | 81.03 Bn | 3.34 Bn | 20.93% |
| 4 | Air Products & Chemicals | 66.86 Bn | 62.05 Bn | 1.04 Bn | -54.15% |
| 5 | LyondellBasell Industries | 41.04 Bn | 30.55 Bn | 2.04 Bn | 20.63% |
| 6 | Nutrien | 33.60 Bn | 30.43 Bn | 3.25 Bn | 22.02% |
| 7 | Ati | 24.96 Bn | 22.98 Bn | 309.80 Mn | 20.93% |
| 8 | Qnity Electronics | 24.84 Bn | 21.98 Bn | 666.00 Mn | 32.54% |
| 9 | Ppg Industries | 24.21 Bn | 16.87 Bn | 1.81 Bn | 17.71% |
| 10 | Dow | 21.96 Bn | 5.45 Bn | 2.17 Bn | 13.12% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.12% |
| Mar 31, 2026 | 7.49% |
| Dec 31, 2025 | -3.07% |
| Sep 30, 2025 | 8.67% |
| Jun 30, 2025 | 1.79% |
| Mar 31, 2025 | 5.86% |
| Dec 31, 2024 | 10.54% |
| Sep 30, 2024 | 10.87% |
| Jun 30, 2024 | 13.01% |
| Mar 31, 2024 | 12.13% |
| Dec 31, 2023 | 9.69% |
| Sep 30, 2023 | 11.35% |
| Jun 30, 2023 | 13.77% |
| Mar 31, 2023 | 5.80% |
| Dec 31, 2022 | 11.08% |
| Sep 30, 2022 | 13.14% |
| Jun 30, 2022 | 17.86% |
| Mar 31, 2022 | 17.77% |
| Dec 31, 2021 | 18.07% |
| Sep 30, 2021 | 22.50% |
Dow EBITDA Margin 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=ebitda-margin&ticker=DOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=DOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();