TTM
-2.3%
YoY change
−4.15pp
Trough year (2025)
0.7%
Peak year (2017)
15.3%
Latest annual
0.7%
Operating Margin history chart for Dow (DOW) from 2015 to 2025
Latest: 0.7%
Operating Margin change chart for Dow (DOW) from 2015 to 2025
Latest: −4.15pp
Operating Margin history table for Dow (DOW) from 2015 to 2025
| 2025 | 0.7% | -4.15pp | ||
| 2024 | 4.8% | -0.83pp | ||
| 2023 | 5.6% | -3.73pp | ||
| 2022 | 9.4% | -4.98pp | ||
| 2021 | 14.3% | +7.67pp | ||
| 2020 | 6.7% | -1.71pp | ||
| 2019 | 8.4% | -0.87pp | ||
| 2018 | 9.3% | -6.08pp | ||
| 2017 | 15.3% | +4.12pp | ||
| 2016 | 11.2% | -1.45pp | ||
| 2015 | 12.7% | — |
- 20250.7%-4.15pp
- 20244.8%-0.83pp
- 20235.6%-3.73pp
- 20229.4%-4.98pp
- 202114.3%+7.67pp
- 20206.7%-1.71pp
- 20198.4%-0.87pp
- 20189.3%-6.08pp
- 201715.3%+4.12pp
- 201611.2%-1.45pp
- 201512.7%—
Operating Margin values are taken from Dow's reported income 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 Operating Margin at Dow (DOW)
According to Dow's latest reported financial statements, the company's latest reported operating margin is -2.3%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Dow (DOW) most recent annual operating margin stands at 0.65% (2025) – contracted 4.2 percentage points year-over-year.
The highest annual operating margin of 15.33% was reported in 2017. The lowest in the available history was 0.65% in 2025.
Dow Operating Margin by Year
Dow Operating Margin 2025: 0.7%
2025's operating margin for Dow came in at 0.65%, contracted 4.2 percentage points from 2024. This figure represents the lowest annual value in the available history.
Dow Operating Margin 2024: 4.8%
Dow posted operating margin of 4.80% in 2024, contracted 0.8 percentage points from 2023.
Dow Operating Margin 2023: 5.6%
In 2023, Dow reported operating margin of 5.64%, contracted 3.7 percentage points from 2022.
Dow Operating Margin 2022: 9.4%
Dow operating margin in 2022 was 9.37%, contracted 5.0 percentage points from 2021.
Dow Operating Margin 2021: 14.3%
Dow operating margin in 2021 was 14.35%.
See more financial history for Dow (DOW).
Sector peers by Operating Margin
Basic Materials peers of Dow (DOW), ranked by their latest operating margin
| 56.9% | |
| 54.6% | |
| 52.6% | |
| 28.8% | |
| 27.8% | |
| 17.5% | |
| 16.1% | |
| 13.2% |
- 52.6%
- 28.8%
- 17.5%
- 13.2%
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