The multinational chemical manufacturer weathered supply-chain constraints and inflated raw-materials prices to deliver a very strong 2021. The company announced revenue of $55 billion in 2021, a 42.6% increase over 2020. Most of Dow’s growth came from its packaging and specialty plastics sales, as the company was able to take advantage of supply bottlenecks and maintain high prices for its products. In 2022, however, Dow is expected to face even higher raw-material and energy costs, as well as the ramifications of suspending its purchases of feedstocks and energy from Russia.
Axel Heimken—AFP/Getty Images
Company Information
As of 4/4/23
Country
U.S.
Headquarters
Midland, Mich.
Industry
Chemicals
CEO
James R. Fitterling
Website
Company Type
Public
Ticker
DOW
Revenues ($M)
$56,902
Profits ($M)
$4,582
Market Value ($M)
$35,414
Employees
37,800
Figures are for fiscal year ended Dec. 31, 2022. Market value as of March 17, 2023. Sources: S&P Global; Bloomberg.
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$54,968
42.6%
Profits ($M)
$6,311
415.2%
Assets ($M)
$62,990
-
Total Stockholder Equity ($M)
$18,165
-
Profit Ratios
Profit as % of Revenues
11.5%
Profits as % of Assets
10%
Profits as % of Stockholder Equity
34.7%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
838
EPS % Change (from 2020)
411%
EPS % Change (5 year annual rate)
-
EPS % Change (10 year annual rate)
-
Total Return
Total Return to Investors (2021)
6.9%
Total Return to Investors (5 year, annualized)
-
Total Return to Investors (10 year, annualized)
-
Dow Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2021 | $38,542-10.3% | $1,225 | $61,470 | $12,435 |
| 2020 | $42,951 | $-1,359 | $60,524 | $13,541 |
