Dow Inc. R&D Expense History
DOW / Materials|9 years of SEC 10-K data (FY2017-FY2025)
$752M in FY2025 with a 5-year CAGR of -0.4%. Ranks 2nd among 51 companies in Materials.
Declined from $829M to $752M over the past 2 years.
Among 51 Materials companies, Dow Inc. is in the top 4% for r&d expense. R&D Expense has declined for 4 consecutive years, from $857M in FY2021 to $752M in FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 1.19 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- -4.0%
- 5-Year CAGR
- -0.4%
- 10-Year CAGR
- -
R&D Expense Trend
Top 4% in MaterialsTop 4% of 51This company $752.0M Sector average $135.2M
▼
+456.3% above sector average
Key Insights
- Dow Inc.'s r&d expense has declined for 4 consecutive years.
- 5-year CAGR of -0.4%, indicating a declining trend.
- In FY2025, r&d expense decreased 7.2% year-over-year.
- Ranks #2 out of 51 companies in the Materials sector.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2025 | $752.0M | -7.2% |
| FY2024 | $810.0M | -2.3% |
| FY2023 | $829.0M | -2.6% |
| FY2022 | $851.0M | -0.7% |
| FY2021 | $857.0M | +11.6% |
| FY2020 | $768.0M | +0.4% |
| FY2019 | $765.0M | -4.4% |
| FY2018 | $800.0M | -0.4% |
| FY2017 | $803.0M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026