Dow (DOW) Free Cash Flow (2009 - 2026)
Dow (DOW) recorded Free Cash Flow of $699 million in Q2 2026, compared with -$1.15 billion a year earlier and up 12.6% from the prior quarter.
Dow (DOW) Free Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, Dow's Free Cash Flow came in at $1.63 billion as of Jun 30, 2026; for FY2025, it came in at -$1.42 billion.
- Across earlier years, Free Cash Flow came in at -$26 million in FY2024, $2.84 billion in FY2023 (-49.8%), $5.66 billion in FY2022 (+1.7%) and $5.57 billion in FY2021 (+11.4%).
- The Q2 2026 figure is the highest quarterly Free Cash Flow since Q4 2023.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 804.7% in Q3 2025, against a decline of 94.8% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $621 million (Q1 2026), -$270 million (Q4 2025) and $579 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 231.45 Bn | 213.03 Bn | 4.43 Bn | 833.00 Mn |
| 2 | Corning | 116.59 Bn | 109.15 Bn | 1.63 Bn | 1.30 Bn |
| 3 | Sherwin Williams | 82.19 Bn | 81.23 Bn | 3.34 Bn | 1.24 Bn |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | 309.50 Mn |
| 5 | LyondellBasell Industries | 40.93 Bn | 30.44 Bn | 2.04 Bn | 482.00 Mn |
| 6 | Nutrien | 33.12 Bn | 29.95 Bn | 3.25 Bn | 2.98 Bn |
| 7 | Qnity Electronics | 25.20 Bn | 22.33 Bn | 666.00 Mn | 151.00 Mn |
| 8 | Ppg Industries | 24.54 Bn | 17.20 Bn | 1.81 Bn | 448.00 Mn |
| 9 | Ati | 24.54 Bn | 22.56 Bn | 309.80 Mn | 63.20 Mn |
| 10 | Dow | 22.01 Bn | 5.50 Bn | 2.17 Bn | 699.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 699.00 Mn |
| Mar 31, 2026 | 600.00 Mn |
| Dec 31, 2025 | -317.00 Mn |
| Sep 30, 2025 | 579.00 Mn |
| Jun 30, 2025 | -1.15 Bn |
| Mar 31, 2025 | -611.00 Mn |
| Dec 31, 2024 | 1.00 Mn |
| Sep 30, 2024 | 64.00 Mn |
| Jun 30, 2024 | 113.00 Mn |
| Mar 31, 2024 | -302.00 Mn |
| Dec 31, 2023 | 856.00 Mn |
| Sep 30, 2023 | 1.06 Bn |
| Jun 30, 2023 | 786.00 Mn |
| Mar 31, 2023 | 38.00 Mn |
| Dec 31, 2022 | 1.42 Bn |
| Sep 30, 2022 | 1.49 Bn |
| Jun 30, 2022 | 1.40 Bn |
| Mar 31, 2022 | 1.26 Bn |
| Dec 31, 2021 | 1.35 Bn |
| Sep 30, 2021 | 2.31 Bn |
Dow Free Cash Flow 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=free-cash-flow&ticker=DOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=DOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();