arBtrage CAPITALIZING MARKETS — checking… Sign in Sign up

Dow Inc.

DOW Industrials Major Chemicals
$31.81
▲ +3.6% Today
as of Oct 22, 16:48 ET
Last 30 days +10.07% Sep 14 → Oct 22
$27.20 $28.44 $29.68 $30.91 $32.15 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$31.00
High
$31.82
Low
$29.83
Volume
$11M
Avg Vol
$12M
Mkt Cap
$20.1B
P/E (TTM)
—
Beta
—
52w High
$42.74
52w Low
$20.93
Div Yield
—
Shares Out
—

Recent Press Releases & News last 60 days · 25 items

▸ Show all 25 press releases & news Free account →

DOW earnings at a glance

The options market is pricing a move of about ±7.7% after the report, a range of roughly $29.37 to $34.25 from today's $31.81. Over its last 6 reports the stock rose the next day 2 times and fell 4, moving ±6.2% on average; after the most recent report on Jul 23, 2026 it moved -1.1%. That means options currently expect more movement than DOW has typically delivered. DOW beat the consensus EPS estimate in 5 of its last 6 reported quarters. Implied volatility is currently 47%. The share price of $31.81 sits in the middle of its 52-week range.

More Industrials stocks · All stocks · Earnings calendar

Overview

52-week range
$21
$43
50% of range
Avg surprise (last 6)
+10.4%
Avg reaction (last 6)
-1.0%
33% positive
Latest IV / EM
47%
EM ±7.7% · $29 · Oct 23

Earnings trends

EPS — actual vs estimate Actual Estimate
$-0.46$0.01$0.49$0.96$1.44 Actual $-0.13Actual $0.68Actual $0.42Actual $0.73Actual $0.62Actual $0.30Actual $0.02Est $-0.02Actual $-0.42Est $-0.11Actual $-0.19Est $-0.31Actual $-0.34Est $-0.46Actual $-0.14Est $-0.39Actual $1.44Est $1.25 MarJunSepMarJunSepMar/2025Jun/2025Sep/20258K8KJun/2026
Revenue vs Net Income Revenue Net income
$-835M$2.2B$5.3B$8.4B$11.5B Jun 24Sep 24Mar 25Jun 25Sep 25Mar 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Thu Jul 23, 2026Jun/2026 $1.44 $1.25 +15.2% +397.6% -1.1% earnings
Thu Apr 23, 20268K 2026-04-23 $-0.14 $-0.39 +64.1% — -0.7% earnings
Thu Jan 29, 20268K 2026-01-29 $-0.34 $-0.46 +26.1% — -2.2% earnings
Thu Oct 23, 2025Sep/2025 $-0.19 $-0.31 +38.7% — +12.9% earnings
Thu Jul 24, 2025Jun/2025 $-0.42 $-0.11 -281.8% — -17.5% earnings
Thu Apr 24, 2025Mar/2025 $0.02 $-0.02 +200.0% — +2.6% earnings
Mon Sep 30, 2024Sep 2024 $0.30 — — — — financials
Sun Jun 30, 2024Jun 2024 $0.62 — — — — financials
Sun Mar 31, 2024Mar 2024 $0.73 — — — — financials
Sat Sep 30, 2023Sep 2023 $0.42 — — — — financials
Fri Jun 30, 2023Jun 2023 $0.68 — — — — financials
Fri Mar 31, 2023Mar 2023 $-0.13 — — — — financials
Fri Sep 30, 2022Sep 2022 $1.02 — — — — financials

Financials

Income statement (quarterly)

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue$9.79B—$9.97B$10.10B$10.43B—$10.88B$10.91B
Cost of revenue$9.15B—$9.24B$9.52B$9.76B—$9.81B$9.59B
Gross profit————————
Operating income————————
Net income$-533M—$62M$-835M$-307M—$214M$439M
EPS (diluted)$-0.74—$0.08$-1.18$-0.44—$0.30$0.62

Balance sheet (quarterly)

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Cash & equivalents$4.11B$3.82B$4.61B$2.40B$1.47B$2.19B$2.88B$3.34B
Inventory$6.78B$6.59B$6.67B$6.70B$6.76B$6.54B$6.74B$6.46B
Total current assets$19.47B$18.06B$19.65B$17.71B$16.33B$16.59B$17.98B$18.05B
Total assets$59.78B$58.54B$60.99B$58.99B$57.50B$57.31B$59.39B$58.53B
Long-term debt—————$16.21B——
Total liabilities————————
Total equity$15.25B$16.01B$17.54B$17.23B$16.79B$17.36B$18.31B$18.32B

Implied volatility — last 90 days

36%50%65%79%93% Jun 07 — IV 57% · EM ±5.3%Jun 08 — IV 51% · EM ±4.3%Jun 09 — IV 53% · EM ±3.8%Jun 10 — IV 57% · EM ±3.4%Jun 11 — IV 73% · EM ±3.0%Jun 15 — IV 53% · EM ±3.8%Jun 16 — IV 53% · EM ±3.1%Jun 17 — IV 83% · EM ±3.5%Jun 19 — IV 45% · EM ±5.0%Jun 22 — IV 52% · EM ±4.4%Jun 23 — IV 47% · EM ±3.4%Jun 24 — IV 53% · EM ±3.1%Jun 25 — IV 66% · EM ±2.8%Jun 29 — IV 49% · EM ±10.2%Jun 30 — IV 50% · EM ±10.3%Jul 01 — IV 49% · EM ±9.9%Jul 02 — IV 49% · EM ±9.6%Jul 03 — IV 51% · EM ±9.7%Jul 06 — IV 53% · EM ±9.4%Jul 07 — IV 59% · EM ±10.1%Jul 08 — IV 55% · EM ±9.1%Jul 09 — IV 52% · EM ±8.5%Jul 10 — IV 50% · EM ±7.8%Jul 13 — IV 59% · EM ±8.1%Jul 14 — IV 57% · EM ±7.6%Jul 15 — IV 57% · EM ±7.1%Jul 16 — IV 60% · EM ±7.0%Jul 17 — IV 61% · EM ±6.8%Jul 20 — IV 72% · EM ±6.0%Jul 21 — IV 81% · EM ±5.8%Jul 22 — IV 94% · EM ±5.5%Jul 23 — IV 71% · EM ±3.0%Jul 27 — IV 55% · EM ±4.6%Jul 28 — IV 50% · EM ±3.6%Jul 29 — IV 60% · EM ±3.5%Jul 30 — IV 85% · EM ±3.6%Aug 03 — IV 52% · EM ±4.3%Aug 04 — IV 58% · EM ±4.2%Aug 05 — IV 55% · EM ±3.2%Aug 06 — IV 63% · EM ±2.6%Aug 10 — IV 49% · EM ±4.1%Aug 11 — IV 39% · EM ±2.8%Aug 12 — IV 41% · EM ±2.4%Aug 13 — IV 47% · EM ±2.0%Aug 17 — IV 44% · EM ±3.7%Aug 18 — IV 42% · EM ±3.1%Aug 19 — IV 48% · EM ±2.8%Aug 20 — IV 51% · EM ±2.1%Aug 24 — IV 45% · EM ±3.8%Aug 25 — IV 45% · EM ±3.3%Aug 26 — IV 42% · EM ±2.5%Aug 27 — IV 39% · EM ±1.6%Aug 31 — IV 36% · EM ±3.0%Sep 01 — IV 80% · EM ±5.8%Sep 02 — IV 42% · EM ±2.5%Sep 03 — IV 44% · EM ±1.9%Sep 07 — IV 46% · EM ±3.9%Sep 08 — IV 47% · EM ±3.4%Sep 09 — IV 44% · EM ±2.6%Sep 10 — IV 54% · EM ±2.2%Sep 14 — IV 52% · EM ±4.3%Sep 15 — IV 57% · EM ±4.1%Sep 16 — IV 55% · EM ±3.2%Sep 17 — IV 52% · EM ±2.2%Sep 21 — IV 42% · EM ±3.5%Sep 22 — IV 44% · EM ±3.2%Sep 23 — IV 48% · EM ±2.8%Sep 24 — IV 51% · EM ±2.1%Sep 28 — IV 43% · EM ±8.9%Sep 29 — IV 44% · EM ±9.0%Sep 30 — IV 47% · EM ±9.5%Oct 01 — IV 46% · EM ±9.1%Oct 02 — IV 46% · EM ±8.7%Oct 06 — IV 47% · EM ±8.2%Oct 07 — IV 46% · EM ±7.6%Oct 08 — IV 47% · EM ±7.7%

Sector peers

DOW earnings FAQ

What is DOW's expected move for earnings?

Options currently price a move of about ±7.7%, or $2.44 per share either way from $31.81.

How does DOW stock usually react to earnings?

Across the last 6 reports the average next-day move was ±6.2%, up 2 times and down 4 times.

What is DOW's implied volatility?

DOW's at-the-money implied volatility is about 47% based on the latest options snapshot.

🔒 Preview mode. Create a free account to unlock the full earnings calendar, all panels, heatmaps, options flow, and screener.