Dow (DOW) Net Margin (2009 - 2026)
Dow (DOW) posted Net Margin of 5.96% for Q2 2026, up 14.23 percentage points from -8.26% a year earlier and up 11.40 percentage points from the prior quarter.
Dow (DOW) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Dow was -3.13%, down 0.81 percentage points year-over-year; for FY2025, it was -6.56%, down 9.16 percentage points from FY2024.
- Annual Net Margin shows a five-year change of -9.74 percentage points (FY2020 to FY2025).
- In prior years, Dow's Net Margin was 2.60% in FY2024 (+1.28 pp), 1.32% in FY2023 (-6.73 pp), 8.05% in FY2022 (-3.43 pp) and 11.48% in FY2021 (+8.30 pp).
- The Q2 2026 figure stands as the highest quarterly Net Margin since Q2 2022.
- On a year-over-year basis, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -3.23 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2026, with a gain of 14.23 percentage points; the weakest was Q4 2025, with a drop of 15.91 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was -5.44% (Q1 2026), -16.31% (Q4 2025) and 0.62% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.08 Bn | 213.65 Bn | 4.43 Bn | 20.76% |
| 2 | Corning | 113.97 Bn | 106.54 Bn | 1.63 Bn | 12.41% |
| 3 | Sherwin Williams | 81.98 Bn | 81.03 Bn | 3.34 Bn | 12.43% |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | -45.58% |
| 5 | LyondellBasell Industries | 41.35 Bn | 30.86 Bn | 2.04 Bn | 6.08% |
| 6 | Nutrien | 33.62 Bn | 30.45 Bn | 3.25 Bn | 11.30% |
| 7 | Ati | 24.94 Bn | 22.97 Bn | 309.80 Mn | 11.97% |
| 8 | Qnity Electronics | 24.80 Bn | 21.94 Bn | 666.00 Mn | 8.68% |
| 9 | Ppg Industries | 24.22 Bn | 16.88 Bn | 1.81 Bn | 9.72% |
| 10 | Dow | 22.21 Bn | 5.70 Bn | 2.17 Bn | 5.96% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.96% |
| Mar 31, 2026 | -5.44% |
| Dec 31, 2025 | -16.31% |
| Sep 30, 2025 | 0.62% |
| Jun 30, 2025 | -8.26% |
| Mar 31, 2025 | -2.94% |
| Dec 31, 2024 | -0.40% |
| Sep 30, 2024 | 1.97% |
| Jun 30, 2024 | 4.02% |
| Mar 31, 2024 | 4.79% |
| Dec 31, 2023 | -0.99% |
| Sep 30, 2023 | 2.81% |
| Jun 30, 2023 | 4.25% |
| Mar 31, 2023 | -0.78% |
| Dec 31, 2022 | 5.46% |
| Sep 30, 2022 | 5.24% |
| Jun 30, 2022 | 10.60% |
| Mar 31, 2022 | 10.28% |
| Dec 31, 2021 | 12.26% |
| Sep 30, 2021 | 11.34% |
Dow Net 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=net-margin&ticker=DOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=DOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();