Company / R&D Expense
Dow Inc. R&D Expense History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$752.0M
FY2025
5-year range
$752.0M / $857.0M
FY2021-FY2025
Trend
-7.2%
vs FY2024
Sector context
#2 of 53
Materials
What the data says
Among 53 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.
$752M in FY2025 with a 5-year CAGR of -0.4%. Ranks 2nd among 53 companies in Materials.
Declined from $829M to $752M over the past 2 years.
Materials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -4.0%
- 5-Year CAGR
- -0.4%
- 10-Year CAGR
- -
Sector benchmark
Top 4% in MaterialsTop 4% of 53This company $752.0M Sector average $131.8M
▼
+470.5% above sector average
Key checks
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 53 companies in the Materials sector.
Company context
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.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| 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 | -4.4% |
| FY2019 | $803.0M | +0.4% |
| FY2018 | $800.0M | -0.4% |
| FY2017 | $803.0M | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026