Dow (DOW) EV to EBITDA (2019 - 2026)
Dow's EV to EBITDA came in at 5.97 for Q2 2026, up 3.5% from 5.77 a year earlier but down 67.5% from the prior quarter.
Dow (DOW) EV to EBITDA (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Dow reported EV to EBITDA of 1.64, down 54.9% 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 three consecutive quarters, with growth averaging 29.1% 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 Q3 2021 (a decline of 90.8%).
- Business Quant data shows DOW's EV to EBITDA at 18.40 (Q1 2026), 10.59 (Q4 2025) and 4.80 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 232.08 Bn | 213.65 Bn | 4.43 Bn |
| 2 | Corning | 113.97 Bn | 106.54 Bn | 1.63 Bn |
| 3 | Sherwin Williams | 81.98 Bn | 81.03 Bn | 3.34 Bn |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn |
| 5 | LyondellBasell Industries | 41.35 Bn | 30.86 Bn | 2.04 Bn |
| 6 | Nutrien | 33.62 Bn | 30.45 Bn | 3.25 Bn |
| 7 | Ati | 24.94 Bn | 22.97 Bn | 309.80 Mn |
| 8 | Qnity Electronics | 24.80 Bn | 21.94 Bn | 666.00 Mn |
| 9 | Ppg Industries | 24.22 Bn | 16.88 Bn | 1.81 Bn |
| 10 | Dow | 22.21 Bn | 5.70 Bn | 2.17 Bn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 3.95 |
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_KEY
import 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();