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Mar 31, 2024
Dow Q1 2024 Earnings Report
Dow's financial performance reflected improved demand, maintained pricing, and benefits from lower feedstock and energy costs.
Key Takeaways
Dow reported a GAAP earnings per share of $0.73 and an operating earnings per share of $0.56. Net sales were $10.8 billion, a 9% decrease year-over-year, but up 1% sequentially. Volume increased 1% year-over-year, with gains in all regions except EMEAI.
GAAP earnings per share was $0.73; operating earnings per share (EPS) was $0.56.
Net sales were $10.8 billion, down 9% versus the year-ago period.
Volume increased 1% versus the year-ago period.
Returns to shareholders totaled $693 million in the quarter.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Demand in key end-markets from packaging and mobility to energy applications are trending sequentially higher and in-line with our expectations at the start of the year.
Positive Outlook
- Demand in key end-markets from packaging and mobility to energy applications are trending sequentially higher.
- High-value organic growth investments are positioning Dow well.
- Advantaged portfolio position Dow well to deliver earnings growth.
- Financial flexibility to advance our long-term Decarbonize & Grow and Transform the Waste strategies.
- Capture more than $3 billion in underlying earnings improvement annually by 2030.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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