Dow's revenue 2005-2023

In 2023, Dow generated some 44.6 billion U.S. dollars of revenue, a decrease of about 22 percent in comparison to the previous year. This was the lowest figure recorded since 2020 – a year marked by the COVID-19 pandemic – when Dow's revenue had dropped to some 38.5 billion dollars. Dow is a U.S.-based chemical company, and one of the largest companies in the chemical industry worldwide. It is headquartered in Midland, Michigan.

Revenue distribution of Dow

Dow is composed of four different segments: Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, Performance Materials & Coatings, and Corporate. The Packaging & Specialty Plastics segment generated the most revenue in 2023, at over 23 billion U.S. dollars. Their Industrial Intermediates & Infrastructure segment followed, bringing in some 12.5 billion dollars. In regional terms, the U.S. alone accounted for over a one-third share of Dow’s revenue in 2023, with 15.3 billion dollars.

DowDuPont merger and spin-off

On September 1, 2017, Dow Chemical and DuPont successfully completed a merger of equals. From that date until April 1, 2019, the single company was known as DowDuPont. After that point in time, the conglomerate split into three entities: Dow, DuPont, and Corteva. Dow is primarily dedicated to commodity chemicals, whereas DuPont focuses on specialty chemicals, and Corteva in agricultural chemicals and seeds.