Dow Inc (DOW)
Return on total capital
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | -1,646,000 | 2,358,000 | 1,392,000 | 6,741,000 | 8,834,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 16,008,000 | 17,355,000 | 18,607,000 | 20,718,000 | 18,165,000 |
| Return on total capital | -10.28% | 13.59% | 7.48% | 32.54% | 48.63% |
December 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $-1,646,000K ÷ ($—K + $16,008,000K)
= -10.28%
Peer comparison
Dec 31, 2025