Dow Historical Income Statement
| DOW Stock | USD 56.83 0.40 0.70% |
Historical analysis of Dow income statement accounts such as Total Revenue of 40.4 B or Gross Profit of 6.7 B can show how well Dow Inc performed in making a profits. Evaluating Dow income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Dow's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Dow Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Dow Inc is a good buy for the upcoming year.
Dow |
About Dow Income Statement Analysis
Dow Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Dow shareholders. The income statement also shows Dow investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Dow Income Statement Chart
Dow Inc Income Statement is one of the three primary financial statements used for reporting Dow's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dow Inc revenue and expense. Dow Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Dow's Selling General Administrative is fairly stable compared to the past year. Gross Profit is likely to climb to about 6.7 B in 2024, whereas Total Revenue is likely to drop slightly above 40.4 B in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Dow Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Dow Inc minus its cost of goods sold. It is profit before Dow operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Dow Inc. It is also known as Dow overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most accounts from Dow's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Dow Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dow Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. At this time, Dow's Selling General Administrative is fairly stable compared to the past year. Gross Profit is likely to climb to about 6.7 B in 2024, whereas Total Revenue is likely to drop slightly above 40.4 B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.8B | 8.6B | 4.9B | 6.7B | Total Revenue | 55.0B | 56.9B | 44.6B | 40.4B |
Dow income statement Correlations
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Dow Account Relationship Matchups
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Dow income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 933M | 827M | 731M | 662M | 746M | 497.9M | |
| Selling General Administrative | 1.6B | 1.5B | 1.6B | 1.7B | 1.6B | 1.9B | |
| Total Revenue | 43.0B | 38.5B | 55.0B | 56.9B | 44.6B | 40.4B | |
| Gross Profit | 6.3B | 5.2B | 10.8B | 8.6B | 4.9B | 6.7B | |
| Other Operating Expenses | 39.4B | 36.0B | 47.1B | 51.2B | 42.5B | 28.5B | |
| Operating Income | 4.0B | 3.8B | 8.9B | 6.9B | 2.2B | 2.1B | |
| Net Income From Continuing Ops | (1.7B) | 1.3B | 6.4B | 4.6B | 660M | 627M | |
| Ebit | 4.0B | 3.8B | 8.9B | 6.9B | 2.2B | 2.1B | |
| Research Development | 765M | 768M | 857M | 851M | 829M | 993.7M | |
| Cost Of Revenue | 36.7B | 33.3B | 44.2B | 48.3B | 39.7B | 33.7B | |
| Total Operating Expenses | 2.8B | 2.6B | 2.9B | 2.9B | 2.8B | 3.2B | |
| Income Before Tax | (1.2B) | 2.1B | 8.1B | 6.1B | 656M | 623.2M | |
| Net Income Applicable To Common Shares | (1.4B) | 1.2B | 6.3B | 4.6B | 5.2B | 3.2B | |
| Net Income | (1.7B) | 1.2B | 6.3B | 4.6B | 589M | 559.6M | |
| Income Tax Expense | 470M | 777M | 1.7B | 1.5B | (4M) | (3.8M) | |
| Minority Interest | 553M | 570M | (94M) | (58M) | (71M) | (67.5M) | |
| Total Other Income Expense Net | (5.2B) | (1.8B) | (737M) | (780M) | (927M) | (973.4M) | |
| Depreciation And Amortization | 2.9B | 2.9B | 2.8B | 2.8B | 2.6B | 2.8B | |
| Ebitda | 6.9B | 6.7B | 11.7B | 9.6B | 4.8B | 8.8B | |
| Tax Provision | 470M | 777M | 1.7B | 1.5B | (4M) | (3.8M) | |
| Net Interest Income | (852M) | (789M) | (676M) | (489M) | (517M) | (542.9M) | |
| Interest Income | 946M | 38M | 55M | 173M | 229M | 204M | |
| Reconciled Depreciation | 2.9B | 2.9B | 2.8B | 2.8B | 2.6B | 2.3B |
Pair Trading with Dow
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dow position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dow will appreciate offsetting losses from the drop in the long position's value.Moving together with Dow Stock
| 0.71 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.76 | AG | First Majestic Silver Sell-off Trend | PairCorr |
| 0.85 | AU | AngloGold Ashanti plc Financial Report 28th of June 2024 | PairCorr |
| 0.85 | CE | Celanese Earnings Call This Week | PairCorr |
Moving against Dow Stock
| 0.54 | X | United States Steel | PairCorr |
The ability to find closely correlated positions to Dow could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dow when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dow - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dow Inc to buy it.
The correlation of Dow is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dow moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dow Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dow can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dow Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Dow Stock analysis
When running Dow's price analysis, check to measure Dow's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dow is operating at the current time. Most of Dow's value examination focuses on studying past and present price action to predict the probability of Dow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dow's price. Additionally, you may evaluate how the addition of Dow to your portfolios can decrease your overall portfolio volatility.
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Is Dow's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dow. If investors know Dow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dow listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Dividend Share 2.8 | Earnings Share 1.68 | Revenue Per Share 61.773 | Quarterly Revenue Growth (0.09) |
The market value of Dow Inc is measured differently than its book value, which is the value of Dow that is recorded on the company's balance sheet. Investors also form their own opinion of Dow's value that differs from its market value or its book value, called intrinsic value, which is Dow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dow's market value can be influenced by many factors that don't directly affect Dow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.