Dow (DOW) FCF Margin (2009 - 2026)
Dow (DOW) recorded FCF Margin of 5.78% in Q2 2026, up 17.11 percentage points from -11.33% a year earlier but down 0.56 percentage points from the prior quarter.
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Analysis
Dow (DOW) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Dow's FCF Margin came in at 3.94% as of Jun 30, 2026, up 7.80 percentage points year-over-year; for FY2025, it was -3.55%, down 3.48 percentage points from FY2024.
- Annual FCF Margin has declined for five straight years, with a five-year change of -16.52 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at -0.06% in FY2024 (-6.43 pp), 6.36% in FY2023 (-3.59 pp), 9.95% in FY2022 (-0.18 pp) and 10.13% in FY2021 (-2.84 pp).
- Quarterly FCF Margin has ranged from -11.33% in Q2 2025 to 15.54% in Q3 2021 over the past five years.
- On a year-over-year basis, FCF Margin rose in three of the last eight quarters, with an average year-over-year change of -0.25 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 17.11 percentage points in Q2 2026, against a drop of 12.37 percentage points in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 6.34% (Q1 2026), -2.85% (Q4 2025) and 5.81% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.90 Bn | 212.48 Bn | 4.43 Bn | 8.97% |
| 2 | Corning | 114.36 Bn | 106.93 Bn | 1.63 Bn | 28.75% |
| 3 | Sherwin Williams | 81.95 Bn | 80.99 Bn | 3.34 Bn | 18.25% |
| 4 | Air Products & Chemicals | 66.72 Bn | 61.91 Bn | 1.04 Bn | 9.79% |
| 5 | LyondellBasell Industries | 40.99 Bn | 30.49 Bn | 2.04 Bn | 5.25% |
| 6 | Nutrien | 33.61 Bn | 30.44 Bn | 3.25 Bn | 27.52% |
| 7 | Qnity Electronics | 24.90 Bn | 22.03 Bn | 666.00 Mn | 10.57% |
| 8 | Ati | 24.85 Bn | 22.88 Bn | 309.80 Mn | 5.01% |
| 9 | Ppg Industries | 24.23 Bn | 16.89 Bn | 1.81 Bn | 9.97% |
| 10 | Dow | 21.95 Bn | 5.44 Bn | 2.17 Bn | 5.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.78% |
| Mar 31, 2026 | 6.13% |
| Dec 31, 2025 | -3.35% |
| Sep 30, 2025 | 5.81% |
| Jun 30, 2025 | -11.33% |
| Mar 31, 2025 | -5.86% |
| Dec 31, 2024 | 0.01% |
| Sep 30, 2024 | 0.59% |
| Jun 30, 2024 | 1.04% |
| Mar 31, 2024 | -2.81% |
| Dec 31, 2023 | 8.06% |
| Sep 30, 2023 | 9.89% |
| Jun 30, 2023 | 6.88% |
| Mar 31, 2023 | 0.32% |
| Dec 31, 2022 | 11.98% |
| Sep 30, 2022 | 10.54% |
| Jun 30, 2022 | 8.93% |
| Mar 31, 2022 | 8.24% |
| Dec 31, 2021 | 9.43% |
| Sep 30, 2021 | 15.54% |
API Access
Dow FCF 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=fcf-margin&ticker=DOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=DOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();