Dow Inc (DOW)

Net profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income US$ in thousands 589,000 4,582,000 6,311,000 1,225,000 -1,359,000
Revenue US$ in thousands 44,622,000 56,902,000 54,968,000 38,542,000 42,951,000
Net profit margin 1.32% 8.05% 11.48% 3.18% -3.16%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $589,000K ÷ $44,622,000K
= 1.32%

The net profit margin of Dow Inc has fluctuated over the past five years. In 2023, the net profit margin decreased to 1.32%, down from 8.05% in 2022 and 11.48% in 2021. This decline may indicate a decrease in profitability and efficient cost management. The net profit margin was substantially lower at 3.18% in 2020 and even negative at -3.16% in 2019, suggesting financial challenges during those years. The decreasing trend from 2021 to 2023 raises concerns about the company's ability to generate profits from its revenues. It is essential for Dow Inc to closely evaluate its cost structure and operational efficiency to improve its profitability in the future.


Peer comparison

Dec 31, 2023