DOW INC. (DOW) closed fiscal year 2025 with a gross margin of 6.3 % and a net margin of -6.6 %.
DOW INC. (DOW) closed fiscal year 2025 with a gross margin of 6.3 % and a net margin of -6.6 %. The same year shows an EBITDA margin of 2.8 % and an EBIT margin of -4.2 %. The free cash flow margin was -3.6 %. Across the period the gross margin ranges between 6.3 % in 2025 and 19.6 % in 2021. The series covers 9 fiscal years, from 2017 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 16.88 % | 17.20 % | 14.65 % | 13.48 % | 19.61 % | 15.05 % | 10.94 % | — | 6.34 % |
| EBITDA margin (%) | 7.75 % | 14.09 % | 5.07 % | 11.63 % | 19.51 % | 14.66 % | 9.37 % | 10.93 % | 2.84 % |
| EBIT margin (%) | 1.93 % | 8.22 % | -1.77 % | 4.17 % | 14.34 % | 9.81 % | 3.52 % | 4.19 % | -4.25 % |
| Net margin (%) | 1.06 % | 9.36 % | -3.16 % | 3.18 % | 11.48 % | 8.05 % | 1.32 % | 2.60 % | -6.56 % |
| FCF margin (%) | -17.69 % | 4.36 % | 9.24 % | 12.91 % | 10.02 % | 9.93 % | 6.36 % | -0.06 % | -3.62 % |
