Latest period
$4.21B
YoY change
-19.1%
5Y CAGR
+12.3%
Peak year (2016)
$3.99B
Cumulative CapEx
$29.09B
CapEx history chart for Dow (DOW) from 2015 to 2025
Latest: $2.48B
CapEx growth chart for Dow (DOW) from 2015 to 2025
Latest: -19.1%
CapEx history table for Dow (DOW) from 2015 to 2025
| 2025 | $2.48B | -19.1% | −$586.00M | ||
| 2024 | $3.06B | +23.7% | +$588.00M | ||
| 2023 | $2.48B | +20.4% | +$419.00M | ||
| 2022 | $2.06B | -11.4% | −$266.00M | ||
| 2021 | $2.32B | +67.6% | +$937.00M | ||
| 2020 | $1.39B | -29.6% | −$583.00M | ||
| 2019 | $1.97B | -7.8% | −$167.00M | ||
| 2018 | $2.14B | -28.6% | −$857.00M | ||
| 2017 | $2.99B | -25.0% | −$997.00M | ||
| 2016 | $3.99B | +7.8% | +$288.00M | ||
| 2015 | $3.70B | — | — |
- 2025$2.48B-19.1%
- 2024$3.06B+23.7%
- 2023$2.48B+20.4%
- 2022$2.06B-11.4%
- 2021$2.32B+67.6%
- 2020$1.39B-29.6%
- 2019$1.97B-7.8%
- 2018$2.14B-28.6%
- 2017$2.99B-25.0%
- 2016$3.99B+7.8%
- 2015$3.70B—
CapEx values are taken from Dow's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Dow (DOW)
According to Dow's latest reported financial statements, the company's current CapEx (TTM) is $4.21B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Dow (DOW) CapEx is $2.48B – declined 19.1% year-over-year.
Across 2020–2025 (5 years), Dow CapEx produced a CAGR of +12.3% – with mixed annual results across the window.
Between 2016 and 2025, Dow CapEx plunged 37.9%, falling from $3.99B to $2.48B.
The record annual CapEx stands at $3.99B, reached in 2016; the historical low of $1.39B was recorded in 2020.
Dow Capital Expenditures by Year
Dow Capital Expenditures 2025: $2.48B
Dow posted CapEx of $2.48B in 2025, declined 19.1% below 2024.
Dow Capital Expenditures 2024: $3.06B
In 2024, Dow reported CapEx of $3.06B, grew 23.7% from 2023.
Dow Capital Expenditures 2023: $2.48B
Dow CapEx in 2023 was $2.48B, grew 20.4% from 2022.
Dow Capital Expenditures 2022: $2.06B
2022's CapEx for Dow came in at $2.06B, declined 11.4% below 2021.
Dow Capital Expenditures 2021: $2.32B
Dow CapEx in 2021 was $2.32B.
See more financial history for Dow (DOW).
Sector peers by CapEx
Basic Materials peers of Dow (DOW), ranked by their latest CapEx
| $5.26B | |
| $4.49B | |
| $3.04B | |
| $2.71B | |
| $2.56B | |
| $1.33B | |
| $1.05B | |
| $797.60M |
- $5.26B
- $4.49B
- $3.04B
- $2.71B
- $2.56B
- $1.33B
- $1.05B
- $797.60M
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