Dow (DOW) Operating Income (2009 - 2026)
Dow (DOW) recorded Operating Income of $922 million in Q2 2026, compared with -$543 million a year earlier.
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Analysis
Dow (DOW) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Dow's Operating Income came in at $116 million as of Jun 30, 2026, down 18.3% year-over-year; for FY2025, it came in at -$1.47 billion.
- Across earlier years, Operating Income came in at $2.11 billion in FY2024 (+11.4%), $1.9 billion in FY2023 (-68.0%), $5.92 billion in FY2022 (-28.4%) and $8.27 billion in FY2021 (+267.7%).
- The Q2 2026 figure is the highest quarterly Operating Income since Q2 2023.
- Peak year-over-year performance for Operating Income in the last five years was growth of 102.2% in Q4 2021, against a decline of 98.0% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $15 million (Q1 2026), -$998 million (Q4 2025) and $177 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.08 Bn | 213.65 Bn | 4.43 Bn | 2.55 Bn |
| 2 | Corning | 113.97 Bn | 106.54 Bn | 1.63 Bn | 698.00 Mn |
| 3 | Sherwin Williams | 81.98 Bn | 81.03 Bn | 3.34 Bn | 1.23 Bn |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | -2.10 Bn |
| 5 | LyondellBasell Industries | 41.35 Bn | 30.86 Bn | 2.04 Bn | 1.54 Bn |
| 6 | Nutrien | 33.62 Bn | 30.45 Bn | 3.25 Bn | 1.78 Bn |
| 7 | Ati | 24.94 Bn | 22.97 Bn | 309.80 Mn | 220.00 Mn |
| 8 | Qnity Electronics | 24.80 Bn | 21.94 Bn | 666.00 Mn | 368.00 Mn |
| 9 | Ppg Industries | 24.22 Bn | 16.88 Bn | 1.81 Bn | 662.00 Mn |
| 10 | Dow | 22.21 Bn | 5.70 Bn | 2.17 Bn | 922.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 922.00 Mn |
| Mar 31, 2026 | 15.00 Mn |
| Dec 31, 2025 | -998.00 Mn |
| Sep 30, 2025 | 177.00 Mn |
| Jun 30, 2025 | -543.00 Mn |
| Mar 31, 2025 | -103.00 Mn |
| Dec 31, 2024 | 346.00 Mn |
| Sep 30, 2024 | 442.00 Mn |
| Jun 30, 2024 | 738.00 Mn |
| Mar 31, 2024 | 586.00 Mn |
| Dec 31, 2023 | 372.00 Mn |
| Sep 30, 2023 | 561.00 Mn |
| Jun 30, 2023 | 924.00 Mn |
| Mar 31, 2023 | 39.00 Mn |
| Dec 31, 2022 | 660.00 Mn |
| Sep 30, 2022 | 1.19 Bn |
| Jun 30, 2022 | 2.11 Bn |
| Mar 31, 2022 | 1.96 Bn |
| Dec 31, 2021 | 1.94 Bn |
| Sep 30, 2021 | 2.61 Bn |
API Access
Dow Operating Income 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=operating-income&ticker=DOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=DOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();