Dow Inc
0A1S.L
€20.10 0.50%
Exchange: LSE | Sector: Basic Materials | Industry: Chemicals
Q4 2024
Published: Feb 4, 2025

Earnings Highlights

  • Revenue of $10.41B down 2% year-over-year
  • EPS of $-0.08 increased by 47% from previous year
  • Gross margin of 9.0%
  • Net income of -53.00M
  • ""We are focused on driving operational efficiencies in response to a rapidly changing market landscape, which we believe will position us favorably when market conditions improve."" - CEO

Dow Inc (0A1S.L) Q4 2024 Financial Results: An Analysis of Market Challenges and Strategic Focus

Executive Summary

In Q4 2024, Dow Inc (0A1S.L) reported significant financial challenges, culminating in a net loss of $53 million, marking a sharp decline from both the previous quarter and the same quarter last year. Revenue decreased 4.36% quarter-over-quarter (QoQ) to $10.4 billion, driven by reduced demand across key markets, exacerbated by macroeconomic headwinds. The company's gross profit margin contracted to approximately 8.99%, reflecting increased raw material costs and lower product pricing pressures. This critical downturn, alongside a YoY decline in gross profit, prompts a reevaluation of Dow’s operational strategies and market positioning going into 2025. Strategically, management underscored their commitment to preserving cash flow in a tightening economic environment, having concluded Q4 with cash reserves of $2.189 billion. They indicated a focus on optimizing cost structures and enhancing operational efficiencies to navigate potential volatility. This foresight positions the company to better adapt to evolving market demands.

Key Performance Indicators

Revenue

10.41B
QoQ: -4.36% | YoY:-2.03%

Gross Profit

935.00M
8.99% margin
QoQ: -12.62% | YoY:-4.10%

Operating Income

304.00M
QoQ: -22.05% | YoY:-64.86%

Net Income

-53.00M
QoQ: -124.77% | YoY:49.52%

EPS

-0.08
QoQ: -126.50% | YoY:47.00%

Revenue Trend

Margin Analysis

Key Insights

  • **Revenue:** $10.40 billion (down 4.36% QoQ, down 2.03% YoY)
  • **Net Income:** -$53 million (net income ratio: -0.51%)
  • **Operating Income:** $304 million (down 22.05% QoQ, down 64.86% YoY)
  • **EPS:** -$0.0795 (down 126.50% QoQ, up 47.00% YoY)
  • **Total Assets:** $57.31 billion

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 10,104.00 -1.18 -7.4% View
Q1 2025 10,431.00 -0.44 -3.1% View
Q4 2024 10,405.00 -0.08 -2.0% View
Q3 2024 10,879.00 0.30 +1.4% View
Q2 2024 10,915.00 0.62 -4.4% View