Dow (DOW) Free Cash Flow (2009 - 2026)
Dow (DOW) recorded Free Cash Flow of $1.13 billion in Q3 2026, up 95.5% from $579 million a year earlier and up 61.9% 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 $2.11 billion as of Sep 30, 2026; for FY2025, it came in at -$1.57 billion.
- Across earlier years, Free Cash Flow came in at -$229 million in FY2024, $2.62 billion in FY2023 (-52.1%), $5.47 billion in FY2022 (+14.3%) and $4.78 billion in FY2021 (-4.2%).
- The Q3 2026 figure is the highest quarterly Free Cash Flow since Q4 2022.
- 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 99.9% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $699 million (Q2 2026), $600 million (Q1 2026) and -$317 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 238.84 Bn | 220.98 Bn | 4.44 Bn | 1.78 Bn |
| 2 | Corning | 98.69 Bn | 90.37 Bn | 1.81 Bn | 516.00 Mn |
| 3 | Sherwin Williams | 85.12 Bn | 84.13 Bn | 3.28 Bn | 975.80 Mn |
| 4 | Air Products & Chemicals | 69.02 Bn | 64.21 Bn | 1.04 Bn | 309.50 Mn |
| 5 | LyondellBasell Industries | 38.36 Bn | 26.43 Bn | 1.50 Bn | 1.41 Bn |
| 6 | Nutrien | 34.35 Bn | 30.38 Bn | - | - |
| 7 | Ppg Industries | 27.44 Bn | 20.36 Bn | 1.76 Bn | 411.00 Mn |
| 8 | Qnity Electronics | 26.06 Bn | 22.20 Bn | 743.00 Mn | 193.00 Mn |
| 9 | Ati | 25.56 Bn | 23.51 Bn | 380.20 Mn | 61.80 Mn |
| 10 | Dow | 22.14 Bn | 6.10 Bn | 1.38 Bn | 1.13 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.13 Bn |
| 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 |
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();