Dow Inc. is a leading materials science company that operates in high-growth markets such as packaging, infrastructure, mobility, and consumer applications . The company is organized into several business segments, including Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings . Dow primarily generates revenue through product sales to manufacturers and distributors, accounting for the vast majority of its income . Additionally, Dow engages in licensing arrangements for its patents and technology, contributing to its revenue through sales-based royalties . The company's focus on innovation and sustainability, including low-carbon emissions plastics and recycling efforts, supports its strong position in the global market .
- Packaging & Specialty Plastics - Produces polyethylene and functional polymers used in applications such as lightweighting in cars and extending the shelf life of food.
- Industrial Intermediates & Infrastructure - Focuses on products like polyurethanes and construction chemicals, serving various industrial and infrastructure needs.
- Performance Materials & Coatings - Includes coatings and performance monomers, catering to diverse performance and aesthetic requirements in multiple industries.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Jim Fitterling ExecutiveBoard | Chair and CEO | Board Member at 3M Company | Joined Dow in 1984; became CEO in 2018 and Chair in 2020; led Dow's transformation toward higher-growth markets and sustainability initiatives. | View Report → |
A. N. Sreeram Executive | SVP, Research & Development and CTO | None | Joined Dow in 2013; focuses on innovation, sustainability, and circular economy technologies. | |
Amy E. Wilson Executive | General Counsel and Corporate Secretary | None | Joined Dow in 2013; became General Counsel in 2019; oversees legal and corporate governance. | |
Jeffrey L. Tate Executive | Chief Financial Officer (CFO) | Board Member at Huntington Bancshares Incorporated | Joined Dow in 1992; became CFO in November 2023; key contributor to Dow's capital allocation and sustainability strategies. | |
John M. Sampson Executive | SVP, Operations, Manufacturing & Engineering | None | Joined Dow in October 2020; leads operations strategy, sustainability initiatives, and workplace inclusivity. | |
Karen S. Carter Executive | Chief Operating Officer (COO) | Board Member at Southwire; Chair of Catalyst Board of Advisors; Member of Michigan Black Leadership Advisory Council | Joined Dow in 1994; became COO in December 2024; previously led Packaging & Specialty Plastics and served as CHRO; advocate for sustainability and diversity. | |
Daniel W. Yohannes Board | Director | Director at Xcel Energy Inc. | Joined Dow's board in 2018; former U.S. Ambassador to OECD; expertise in finance, governance, and international trade. | |
Debra L. Dial Board | Director | Director at Hubbell Incorporated | Joined Dow's board in 2021; former Chief Accounting Officer at AT&T; expertise in financial reporting and governance. | |
Gaurdie E. Banister Jr. Board | Director | None | Joined Dow's board in 2020; former CEO of Aera Energy LLC; expertise in energy sector and diversity advocacy. | |
Jacqueline C. Hinman Board | Director | CEO of Atlas Technical Consultants; Director at International Paper and 3M Company | Joined Dow's board in 2021; former CEO of CH2M HILL Companies; expertise in infrastructure and environmental solutions. | |
Jerri DeVard Board | Director | Director at Cars.com, Root, Under Armour, Mastercard, and Wells Fargo; CEO of Black Executive CMO Alliance | Joined Dow's board in 2022; extensive marketing and governance experience; advocate for diversity and inclusion. | |
Jill S. Wyant Board | Director | None | Joined Dow's board in 2020; former CEO of Madison Air; expertise in industrial and healthcare sectors. | |
Luis Alberto Moreno Board | Director | Managing Director at Allen & Co LLC; Director at Nu Holdings Ltd. | Joined Dow's board in 2021; former President of the Inter-American Development Bank; expertise in economic development and public policy. | |
Richard K. Davis Board | Independent Lead Director | Director at Mastercard and Wells Fargo | Joined Dow's board in 2015; became Lead Director in 2021; brings expertise in corporate governance and financial services. | |
Samuel R. Allen Board | Director | Director at Whirlpool Corporation | Joined Dow's board in 2019; former CEO of Deere & Company; expertise in global operations and strategic planning. | |
Wesley G. Bush Board | Director | Director at Cisco Systems and General Motors; Board Member at Conservation International | Joined Dow's board in 2018; former CEO of Northrop Grumman; expertise in aerospace, defense, and cybersecurity. |
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Given the strategic review of select European assets representing about 20% of your EMEA sales in polyurethanes, what specific criteria are you using to decide between divestiture, closure, or other options, and how will these decisions impact your market presence and profitability in Europe?
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Considering the persistent lack of competitive regulatory policy and soft demand in Europe, how do you plan to mitigate the potential negative effects on your revenue and market share during the strategic asset review period extending to mid-2025?
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You mentioned that higher inventories to support sales growth and labor-related supply chain disruptions led to decreased cash flow from continuing operations; can you elaborate on these disruptions and the steps you're taking to improve inventory management and cash flow?
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With the planned shutdown of your propylene oxide unit in Freeport, Texas in 2025 to reduce lower-value merchant exposure, how will this affect your supply chain and ability to meet customer demand, and what strategies are in place to offset this loss of production capacity?
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Despite higher planned maintenance activities and lower integrated margins impacting operating EBIT in certain segments, what concrete actions are you taking to enhance operational efficiency and margins, and how confident are you in achieving significant cost savings through these measures?
Research analysts who have asked questions during DOW earnings calls.
Hassan Ahmed
Alembic Global Advisors
6 questions for DOW
Kevin McCarthy
Vertical Research Partners
6 questions for DOW
Vincent Andrews
Morgan Stanley
6 questions for DOW
Matthew Blair
Tudor, Pickering, Holt & Co.
5 questions for DOW
Michael Sison
Wells Fargo
5 questions for DOW
Patrick Cunningham
Citigroup
5 questions for DOW
David Begleiter
Deutsche Bank
4 questions for DOW
Frank Mitsch
Fermium Research
4 questions for DOW
Jeffrey Zekauskas
JPMorgan Chase & Co.
4 questions for DOW
Christopher Parkinson
Wolfe Research
3 questions for DOW
Duffy Fischer
Goldman Sachs
3 questions for DOW
John Ezekiel Roberts
Mizuho Securities
3 questions for DOW
Josh Spector
UBS Group
3 questions for DOW
Aleksey Yefremov
KeyBanc Capital Markets
2 questions for DOW
Chris Parkinson
Wolfe Research, LLC
2 questions for DOW
Jeff Stokvis
Morgan Stanley
2 questions for DOW
Joshua Spector
UBS
2 questions for DOW
Matthew Deo
Bank of America
2 questions for DOW
Michael Leithead
Barclays
2 questions for DOW
Steve Byrne
Bank of America
2 questions for DOW
Arun Viswanathan
RBC Capital Markets
1 question for DOW
Bhavesh Lodaya
BMO Capital Markets
1 question for DOW
Christopher Perrella
UBS Group AG
1 question for DOW
Duffy Fisher
Goldman Sachs
1 question for DOW
Laurence Alexander
Jefferies
1 question for DOW
Patrick Fischer
Goldman Sachs
1 question for DOW
Richard Garchitorena
Wells Fargo
1 question for DOW
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
BASF | Mentioned as a key competitor in the Industrial Solutions and Polyurethanes & Construction Chemicals segments. |
Listed as a key competitor in the Industrial Solutions and Polyurethanes & Construction Chemicals segments. | |
Hexion | Identified as a key competitor in the Industrial Solutions segment. |
Recognized as a key competitor in the Industrial Solutions and Polyurethanes & Construction Chemicals segments. | |
INEOS | Listed as a key competitor in the Industrial Solutions, Hydrocarbons & Energy, and Packaging and Specialty Plastics segments. |
Mentioned as a key competitor in the Industrial Solutions, Hydrocarbons & Energy, and Packaging and Specialty Plastics segments. | |
SABIC | Identified as a key competitor in the Industrial Solutions, Hydrocarbons & Energy, and Packaging and Specialty Plastics segments. |
Listed as a key competitor in the Industrial Solutions segment. | |
Recognized as a key competitor in the Industrial Solutions and Hydrocarbons & Energy segments. | |
Arkema | Mentioned as a key competitor in the Polyurethanes & Construction Chemicals and Coatings & Performance Monomers segments. |
Listed as a key competitor in the Polyurethanes & Construction Chemicals segment. | |
Covestro | Identified as a key competitor in the Polyurethanes & Construction Chemicals segment. |
Wanhua | Recognized as a key competitor in the Polyurethanes & Construction Chemicals segment. |
Mentioned as a key competitor in the Coatings & Performance Monomers segment. | |
Evonik | Listed as a key competitor in the Coatings & Performance Monomers segment. |
Wacker Chemie | Identified as a key competitor in the Coatings & Performance Monomers and Consumer Solutions segments. |
Elkem | Recognized as a key competitor in the Consumer Solutions segment. |
Momentive | Mentioned as a key competitor in the Consumer Solutions segment. |
Listed as a key competitor in the Consumer Solutions segment. | |
Chevron Phillips Chemical | Identified as a key competitor in the Hydrocarbons & Energy segment. |
Recognized as a key competitor in the Hydrocarbons & Energy and Packaging and Specialty Plastics segments. | |
Mentioned as a key competitor in the Hydrocarbons & Energy segment. | |
Borealis | Listed as a key competitor in the Packaging and Specialty Plastics segment. |
Lanxess | Identified as a key competitor in the Packaging and Specialty Plastics segment. |
Nova | Recognized as a key competitor in the Packaging and Specialty Plastics segment. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Circulus Holdings, PBLLC | 2024 | Dow acquired Circulus Holdings, PBLLC for approximately $130 million in cash, with the transaction announced on June 20, 2024 and closed on August 1, 2024. The acquisition, which includes two recycling facilities in Ardmore, Oklahoma and Arab, Alabama (with a combined capacity of 50,000 metric tons per year), supports Dow's 2030 Transform the Waste goal by enhancing its portfolio of high-performance circular products and is expected to contribute $500 million in incremental EBITDA by 2030, with assets including property valued at $74 million, intangible technology and know-how valued at $22 million, and $36 million allocated to goodwill. |
Recent press releases and 8-K filings for DOW.
- Investors who lost >$100,000 purchasing Dow securities between January 30, 2025 and July 23, 2025 have until October 28, 2025 to apply as lead plaintiff in a securities class action.
- The lawsuit Sarti v. Dow Inc. alleges the company and certain executives failed to disclose material information, violating federal securities laws during the Class Period.
- On July 24, 2025, Dow reported a 2Q 2025 non-GAAP loss per share of $0.42 (analysts expected a $0.17–0.18 loss) and net sales of $10.1 billion, a 7.3% YoY decline that missed consensus by $130 million, and cut its dividend from $0.70 to $0.35 per share.
- Shares fell $5.30 (17.45%) to $25.07 on the earnings and dividend news.
- Pomerantz LLP filed a class action against Dow Inc. (NYSE: DOW) and certain officers, claiming violations of Sections 10(b) and 20(a) for misrepresenting its ability to withstand macroeconomic and tariff-related headwinds and support its dividend during January 30–July 23, 2025.
- The complaint alleges Dow overstated its financial flexibility, understated pricing pressure and market oversupply, and misled investors about risks to its industry-leading dividend.
- Following a BMO Capital downgrade on June 23, 2025, Dow’s stock fell 3.21% to $26.87 , and on July 24, Dow reported Q2 net sales of $10.1 billion (down 7.3% y/y), cut its dividend in half to $0.35, and saw its share price drop 17.45%.
- Pomerantz LLP filed a securities class action against Dow Inc. and certain officers, alleging misstatements about Dow’s ability to manage macroeconomic and tariff headwinds while supporting its industry-leading dividend during the Class Period Jan 30–July 23, 2025.
- Plaintiffs contend Dow overstated its financial flexibility and understated negative impacts from competitive pricing pressures, soft demand, and market oversupply.
- On June 23, 2025, BMO Capital downgraded Dow to “Underperform,” cutting its price target from $29.00 to $22.00 and triggering a 3.21% stock decline to $26.87.
- On July 24, 2025, Dow reported Q2 results with a non-GAAP loss per share of $0.42 (versus $0.17–0.18 expected), net sales of $10.1 billion (down 7.3% YOY), and slashed its quarterly dividend from $0.70 to $0.35.
- After the Q2 report and dividend cut, Dow’s stock fell 17.45% to $25.07; motions for Lead Plaintiff are due by October 28, 2025.
- Pomerantz LLP filed a class action in the U.S. District Court for the Eastern District of Michigan on behalf of investors who purchased Dow securities between January 30 and July 23, 2025.
- Plaintiffs allege Dow and certain officers made materially false and misleading statements overstating the Company’s ability to mitigate macroeconomic and tariff-related headwinds and support its dividend.
- Investors have until October 28, 2025 to ask the court to appoint them as Lead Plaintiff.
- The lawsuit asserts violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5.
- Pomerantz LLP filed a class action against Dow and certain officers alleging misrepresentations about macro resilience and dividend support covering Jan 30–Jul 23, 2025 under Sections 10(b), 20(a) and Rule 10b-5
- Plaintiffs contend Dow overstated its ability to mitigate tariff-related headwinds and maintain financial flexibility to support its “industry-leading dividend,” while understating negative impacts from competitive pressures, softening demand, and market oversupply
- Stock dropped on key corrective disclosures: June 23 downgrade by BMO Capital (–3.21% to $26.87) and July 24 Q2 results (net sales $10.1 billion, non-GAAP loss per share $0.42 vs. $0.17–$0.18 est.) plus dividend cut to $0.35 (–17.45% to $25.07)
- Pomerantz LLP filed a class action in the Eastern District of Michigan (No. 25-cv-12744) accusing Dow Inc. and certain officers of violating Sections 10(b) and 20(a) of the Securities Exchange Act.
- The proposed class covers investors who purchased Dow securities between January 30, 2025 and July 23, 2025, inclusive.
- Plaintiffs allege Dow overstated its ability to withstand macroeconomic and tariff-related headwinds and to maintain dividend flexibility by touting its “differentiated portfolio,” “cost-advantaged footprint,” and global trade flexibility.
- Deadline to seek Lead Plaintiff status is October 28, 2025.
- Pomerantz LLP filed a class action (No. 25-cv-12744) against Dow Inc. and certain officers in the U.S. District Court for the Eastern District of Michigan, alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act over misleading statements about Dow’s financial flexibility and dividend policy.
- The Class Period covers January 30 to July 23, 2025; investors must move by October 28, 2025 to seek appointment as Lead Plaintiff.
- Plaintiffs contend Dow overstated its ability to navigate macroeconomic and tariff headwinds and to sustain its industry-leading dividend, while understating competitive pressures, softening demand, and product oversupply.
- Pomerantz LLP filed a class action against Dow Inc. (NYSE: DOW) and certain officers in the U.S. District Court for the Eastern District of Michigan, Northern Division (docket 25-cv-12744), on behalf of investors who purchased Dow securities between January 30 and July 23, 2025.
- The complaint alleges Dow made false and misleading statements about its ability to mitigate macroeconomic and tariff-related headwinds and to maintain the financial flexibility needed to support its dividend, understating the severity of negative impacts on its business and financial condition.
- The action seeks to recover damages under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b-5.
- Investors have until October 28, 2025 to ask the court to be appointed Lead Plaintiff for the class.
- Pomerantz LLP filed a class action lawsuit against Dow Inc. (NYSE: DOW) and certain officers under Sections 10(b) and 20(a) of the Securities Exchange Act, covering trades from January 30 to July 23, 2025.
- The complaint alleges Dow overstated its ability to withstand macroeconomic and tariff-related headwinds and maintain its industry-leading dividend, rendering its public statements materially misleading.
- The proposed class includes all persons or entities who acquired Dow securities during the Class Period and seeks damages for alleged securities law violations.
- Interested investors must seek appointment as lead plaintiff by October 28, 2025.
- Pomerantz LLP filed a class action against Dow Inc. and certain officers in the U.S. District Court for the Eastern District of Michigan (docket 25-cv-12744), targeting securities purchases from January 30 to July 23, 2025, for alleged securities law violations.
- The complaint claims defendants overstated Dow’s ability to weather macroeconomic and tariff headwinds and maintain its “industry-leading dividend,” rendering public statements false or misleading.
- Investors have until October 28, 2025 to move for appointment as Lead Plaintiff in the class action.