DOW INC. DL-01
Dow Inc., through its subsidiaries, provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. The company operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings seg… Read more
DOW INC. DL-01 (2OY) - Net Assets
Latest net assets as of December 2025: €17.52 Billion EUR
Based on the latest financial reports, DOW INC. DL-01 (2OY) has net assets worth €17.52 Billion EUR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€58.54 Billion) and total liabilities (€41.02 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €17.52 Billion |
| % of Total Assets | 29.93% |
| Annual Growth Rate | -5.26% |
| 5-Year Change | -6.49% |
| 10-Year Change | N/A |
| Growth Volatility | 24.44 |
DOW INC. DL-01 - Net Assets Trend (2017–2025)
This chart illustrates how DOW INC. DL-01's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DOW INC. DL-01 (2017–2025)
The table below shows the annual net assets of DOW INC. DL-01 from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €17.52 Billion | -1.84% |
| 2024-12-31 | €17.85 Billion | -6.58% |
| 2023-12-31 | €19.11 Billion | -10.07% |
| 2022-12-31 | €21.25 Billion | +13.38% |
| 2021-12-31 | €18.74 Billion | +44.09% |
| 2020-12-31 | €13.01 Billion | -7.73% |
| 2019-12-31 | €14.09 Billion | -49.61% |
| 2018-12-31 | €27.97 Billion | +3.55% |
| 2017-12-31 | €27.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DOW INC. DL-01's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 40.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €16.78 Billion | 104.83% |
| Common Stock | €8.00 Million | 0.05% |
| Other Comprehensive Income | €-7.66 Billion | -47.85% |
| Other Components | €6.88 Billion | 42.97% |
| Total Equity | €16.01 Billion | 100.00% |
DOW INC. DL-01 Competitors by Market Cap
The table below lists competitors of DOW INC. DL-01 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
International Paper
NYSE:IP
|
$19.63 Billion |
|
Partners Group Holding AG
SW:PGHN
|
$19.65 Billion |
|
Inner Mongolia Yili Industrial Group Co Ltd
SHG:600887
|
$19.67 Billion |
|
Ke Holdings Inc
NYSE:BEKE
|
$19.68 Billion |
|
EXACT Sciences Corporation
NASDAQ:EXAS
|
$19.59 Billion |
|
Albemarle Corp
NYSE:ALB
|
$19.53 Billion |
|
Vonovia SE
PINK:VNNVF
|
$19.51 Billion |
|
Kraft Heinz Co
NASDAQ:KHC
|
$19.51 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DOW INC. DL-01's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,355,000,000 to 16,009,090,000, a change of -1,345,910,000 (-7.8%).
- Net loss of 2,623,178,661 reduced equity.
- Dividend payments of 1,490,101,488 reduced retained earnings.
- New share issuances of 85,000,000 increased equity.
- Other comprehensive income increased equity by 449,478,000.
- Other factors increased equity by 2,232,892,149.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.62 Billion | -16.39% |
| Dividends Paid | €1.49 Billion | -9.31% |
| Share Issuances | €85.00 Million | +0.53% |
| Other Comprehensive Income | €449.48 Million | +2.81% |
| Other Changes | €2.23 Billion | +13.95% |
| Total Change | €- | -7.76% |
Book Value vs Market Value Analysis
This analysis compares DOW INC. DL-01's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.41x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.92x to 1.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €34.43 | €31.80 | x |
| 2018-12-31 | €35.77 | €31.80 | x |
| 2019-12-31 | €18.24 | €31.80 | x |
| 2020-12-31 | €16.75 | €31.80 | x |
| 2021-12-31 | €24.25 | €31.80 | x |
| 2022-12-31 | €28.55 | €31.80 | x |
| 2023-12-31 | €26.24 | €31.80 | x |
| 2024-12-31 | €24.67 | €31.80 | x |
| 2025-12-31 | €22.50 | €31.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DOW INC. DL-01 utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -16.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.56%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 3.66x
- Recent ROE (-16.39%) is below the historical average (7.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 1.80% | 1.06% | 0.55x | 3.10x | €-2.12 Billion |
| 2018 | 16.77% | 7.46% | 0.78x | 2.88x | €1.82 Billion |
| 2019 | -12.68% | -4.00% | 0.71x | 4.47x | €-3.07 Billion |
| 2020 | 9.85% | 3.18% | 0.63x | 4.94x | €-18.50 Million |
| 2021 | 34.74% | 11.48% | 0.87x | 3.47x | €4.49 Billion |
| 2022 | 22.12% | 8.05% | 0.94x | 2.93x | €2.51 Billion |
| 2023 | 3.17% | 1.32% | 0.77x | 3.12x | €-1.27 Billion |
| 2024 | 6.43% | 2.60% | 0.75x | 3.30x | €-619.50 Million |
| 2025 | -16.39% | -6.56% | 0.68x | 3.66x | €-4.22 Billion |
Industry Comparison
This section compares DOW INC. DL-01's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $70,705,351,597
- Average return on equity (ROE) among peers: 9.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DOW INC. DL-01 (2OY) | €17.52 Billion | 1.80% | 2.34x | $19.59 Billion |
| PT Surya Esa Perkasa Tbk (71S) | $525.36 Million | 26.43% | 0.58x | $9.61 Million |
| Green Oleo S.p.A. (77M) | $15.82 Million | 35.22% | 2.19x | $15.50 Million |
| BASF SE (BASA) | $36.65 Billion | 0.61% | 1.11x | $10.81 Billion |
| Advance NanoTek Limited (BBJ) | $35.28 Million | 4.71% | 0.11x | $6.28 Million |
| Denka Company Limited (DIK) | $254.01 Billion | 8.94% | 0.97x | $1.24 Billion |
| Indorama Ventures Public Company Limited (I93) | $138.17 Billion | 3.80% | 1.75x | $1.08 Billion |
| IBU tec advanced materials AG (IBU) | $51.41 Million | -9.32% | 0.34x | $47.16 Million |
| Linde PLC (LIN) | $1.03 Billion | 10.37% | 2.34x | $187.60 Billion |
| Nippon Kayaku Co. Ltd (NP7) | $205.86 Billion | 7.59% | 0.33x | $1.35 Billion |