Dow (DOW) EV to CFO (2019 - 2026)
Dow's (DOW) EV to CFO came in at 3.76 for Q3 2026, down 55.1% from 8.37 a year earlier and down 15.3% from the prior quarter.
Dow (DOW) EV to CFO (2019 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EV to CFO at Dow was 1.17, down 74.2% year-over-year; for FY2025, it came in at 13.63, up 49.6% from FY2024.
- Annual EV to CFO has increased for three consecutive years.
- In prior years, Dow's EV to CFO was 9.11 in FY2024 (+31.4%), 6.93 in FY2023 (+61.4%), 4.30 in FY2022 (-22.8%) and 5.56 in FY2021 (-5.4%).
- The Q3 2026 figure stands as the lowest quarterly EV to CFO since Q3 2022.
- On a year-over-year basis, EV to CFO increased in five of the last eight quarters, with growth averaging 13.3%.
- The strongest year-over-year quarter for EV to CFO in the past five years was Q2 2025, with growth of 93.2%; the weakest was Q2 2026, with a decline of 69.1%.
- According to Business Quant data, EV to CFO for the three prior quarters was 4.44 (Q2 2026), 13.17 (Q1 2026) and 13.63 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 239.83 Bn | 221.97 Bn | 4.44 Bn |
| 2 | Corning | 99.72 Bn | 91.40 Bn | 1.81 Bn |
| 3 | Sherwin Williams | 86.17 Bn | 85.18 Bn | 3.28 Bn |
| 4 | Air Products & Chemicals | 69.05 Bn | 64.24 Bn | 1.04 Bn |
| 5 | LyondellBasell Industries | 38.34 Bn | 26.40 Bn | 1.50 Bn |
| 6 | Nutrien | 35.09 Bn | 31.62 Bn | 1.86 Bn |
| 7 | Ppg Industries | 27.86 Bn | 20.78 Bn | 1.76 Bn |
| 8 | Qnity Electronics | 26.20 Bn | 22.35 Bn | 743.00 Mn |
| 9 | Ati | 25.21 Bn | 23.17 Bn | 380.20 Mn |
| 10 | Dow | 22.43 Bn | 6.39 Bn | 1.38 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.76 |
| Jun 30, 2026 | 4.44 |
| Mar 31, 2026 | 13.17 |
| Dec 31, 2025 | 13.63 |
| Sep 30, 2025 | 8.37 |
| Jun 30, 2025 | 14.37 |
| Mar 31, 2025 | 9.29 |
| Dec 31, 2024 | 9.11 |
| Sep 30, 2024 | 9.56 |
| Jun 30, 2024 | 7.44 |
| Mar 31, 2024 | 7.32 |
| Dec 31, 2023 | 6.93 |
| Sep 30, 2023 | 5.98 |
| Jun 30, 2023 | 5.94 |
| Mar 31, 2023 | 5.62 |
| Dec 31, 2022 | 4.30 |
| Sep 30, 2022 | 3.67 |
| Jun 30, 2022 | 4.03 |
| Mar 31, 2022 | 4.88 |
| Dec 31, 2021 | 5.56 |
Dow EV to CFO 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=ev-to-cfo&ticker=DOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=DOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();