Dow (DOW) EV to EBITDA (2019 - 2026)
Dow's EV to EBITDA came in at 4.97 for Q3 2026, up 3.5% from 4.80 a year earlier but down 16.9% from the prior quarter.
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Analysis
Dow (DOW) EV to EBITDA (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Dow reported EV to EBITDA of 1.54, down 40.6% year-over-year; for FY2025, it came in at 10.59, up 99.6% from FY2024.
- Going back by year, EV to EBITDA was 5.30 in FY2024 (-33.6%), 7.99 in FY2023 (+115.7%), 3.71 in FY2022 (+4.7%) and 3.54 in FY2021 (-50.7%).
- The five-year range for quarterly EV to EBITDA is 2.93 (Q3 2022) to 18.40 (Q1 2026).
- Year-over-year, EV to EBITDA has increased for four consecutive quarters, with growth averaging 29.0% over the last eight quarters.
- The fastest year-over-year change in EV to EBITDA over five years came in Q1 2026 (growth of 234.4%), and the weakest in Q4 2021 (a decline of 68.6%).
- Business Quant data shows DOW's EV to EBITDA at 5.97 (Q2 2026), 18.40 (Q1 2026) and 10.59 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.97 |
| Jun 30, 2026 | 5.97 |
| Mar 31, 2026 | 18.40 |
| Dec 31, 2025 | 10.59 |
| Sep 30, 2025 | 4.80 |
| Jun 30, 2025 | 5.78 |
| Mar 31, 2025 | 5.50 |
| Dec 31, 2024 | 5.30 |
| Sep 30, 2024 | 7.27 |
| Jun 30, 2024 | 6.90 |
| Mar 31, 2024 | 7.32 |
| Dec 31, 2023 | 7.99 |
| Sep 30, 2023 | 7.01 |
| Jun 30, 2023 | 6.45 |
| Mar 31, 2023 | 5.41 |
| Dec 31, 2022 | 3.71 |
| Sep 30, 2022 | 2.93 |
| Jun 30, 2022 | 3.08 |
| Mar 31, 2022 | 3.70 |
| Dec 31, 2021 | 3.54 |
API Access
Dow EV to EBITDA 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-ebitda&ticker=DOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=DOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();