Dow Inc., through its subsidiaries, provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. The company operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments. The Packaging & Specialty Plastics segment provides ethylene, propylene, polyethylene, and aromatics products; and other ethylene derivatives, such as polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubber. The Industrial Intermediates & Infrastructure segment offers polyurethanes, including propylene oxide, propylene glycol, and polyether polyols; aromatic isocyanates and fully formulated polyurethane systems; and chlor-alkali and vinyl comprising chlorine and caustic soda, ethylene dichloride, and vinyl chloride monomer; and construction chemicals consisting of cellulose ethers, redispersible latex powders, and acrylic emulsions, as well as coatings, adhesives, sealants, elastomers, and composites. The Performance Materials & Coatings segment provides architectural paints and coatings, and industrial coatings; and acrylics-based building blocks, silicon metals, siloxanes, and intermediates. The company also engages in the property and casualty insurance, as well as reinsurance business. The company was founded in 1897 and is headquartered in Midland, Michigan.
Opportunity Catalysts | Leverage to rising oil prices could improve chemical pricing, while record volumes in Performance Plastics Segment demonstrate operational capabilities despite broader industry pressures. |
Delayed Strategies | Delve into Dow's decision to place its Alberta net zero project on hold, exploring alternative approaches including potential joint ventures amid challenging market conditions. |
Financial Outlook | Analysts project negative EPS for both 2025 and 2026, with price targets ranging from $20 (BMO Capital - Underperform) to $35 (Wells Fargo - Overweight). |
Market Headwinds | Dow Holdings navigates polyethylene market challenges, tariff uncertainties, and rising input costs despite posting better-than-expected third-quarter results with EBITDA of $868 million. |

Metrics to compare | DOW | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipDOWPeersSector | |
|---|---|---|---|---|
P/E Ratio | −10.6x | 6.0x | 3.4x | |
PEG Ratio | 0.03 | 0.01 | 0.00 | |
Price / Book | 1.7x | 1.2x | 1.6x | |
Price / LTM Sales | 0.7x | 0.4x | 1.4x | |
Upside (Analyst Target) | 1.2% | 8.3% | 24.3% | |
Fair Value Upside | Unlock | 16.0% | −1.3% | Unlock |