Dow's Q4 2020 results showed a GAAP earnings per share of $1.65 and an Operating EPS of $0.81. Net sales were $10.7 billion, a 5% increase compared to the previous year. The company's performance reflected a continued global economic recovery and strategic cash management.
GAAP earnings per share was $1.65; Operating EPS was $0.81, excluding significant items.
Net sales were $10.7 billion, up 5% versus the year-ago period.
Equity earnings were $106 million, up $127 million compared to the year-ago period, primarily driven by continued improvement in financial results at the Sadara joint venture.
Cash provided by operating activities was $1.7 billion and free cash flow was $1.4 billion.
Dow anticipates continued profitable growth in the ongoing economic recovery and improving industry cycle, focusing on capital allocation, cost structure, and innovation.
Visualization of income flow from segment revenue to net income