Fundamental Analysis
DOW
Dow Inc.
Bearish
Summary
The company shows weakening top-line traction while earnings dynamics are distorted: annual revenue is declining (latest annual revenue YoY -7.0%) even as multi-year net income behavior has been irregular and the latest annual net income read is Not Meaningful (swung to loss). The most recent quarter posted a $445,000,000 net loss and a very sharp QoQ drop in profitability, which confirms the recent annual decline in revenue and contradicts earlier recovery signs in net income. Balance-sheet metrics are mixed: assets exceed liabilities (assets/liabilities multiple 1.34) but the Altman Z-score sits in the distress zone and the Piotroski score is a middling 3, so the financial-strength signals do not offset operating deterioration. The overall rating is qualified by extreme outlier observations and divergent revenue versus earnings signals.
Revenue — Annual Comparison
Net Income — Annual Comparison
Quarterly Detail Charts
Quarterly Revenue
Quarterly Net Income
Piotroski F-Score Breakdown
3/7 · Neutral
Profitability — Net income positive this fiscal year
Fail
Return on Assets — Return on Assets improved year-over-year
Fail
Leverage down — Long-term debt / total assets improved
N/A
Liquidity up — Current ratio improved year-over-year
Pass
No share dilution — Share count did not increase year-over-year
Fail
Margin up — Gross margin expanded year-over-year
N/A
Asset efficiency — Asset turnover improved year-over-year
Fail
Data Source
Fundamental filing data sourced from the SEC’s EDGAR database. Company filings are used for the charts and summary figures on this page.
Recent Filings
Formula & Methodology
Revenue inputAnnual revenue trend contributes 40% of the score.
Net income inputAnnual net income trend contributes 60% of the score.
Rating ruleFormula: revenue trend carries 40% of the rating and net income trend carries 60%. Bullish starts at 0.60 or higher, Bearish starts at -0.60 or lower, and anything in between is Neutral.