DOW INC.
Ticker: DOWMaterialsChemicalsS&P 500The business
Dow Inc. (NYSE: DOW) operates as one of the world's leading materials science companies, serving customers across high-growth markets including packaging, infrastructure, mobility, and consumer applications. The company's website is www.dow.com. With approximately 34,600 employees and manufacturing sites in 29 countries, Dow delivered sales of approximately $40 billion in 2025.
The company operates through six global businesses organized into three reportable segments. The Packaging & Specialty Plastics segment consists of Hydrocarbons & Energy and Packaging and Specialty Plastics businesses, providing the industry's broadest polyolefin product portfolio supported by proprietary catalyst and manufacturing technologies. This segment serves food and specialty packaging, industrial and consumer packaging, health and hygiene, caps and closures, and infrastructure applications. The Industrial Intermediates & Infrastructure segment comprises Industrial Solutions and Polyurethanes & Construction Chemicals, producing ethylene oxide and propylene oxide derivatives for appliances, coatings, furniture, building and construction, mobility, and electronics. The Performance Materials & Coatings segment includes Coatings & Performance Monomers and Consumer Solutions, utilizing acrylics, cellulosics, and silicone-based technology platforms for architectural and industrial coatings, home and personal care, and consumer electronics.
Dow's competitive advantages include extensive low-cost feedstock positions globally, unparalleled scale and market reach, world-class manufacturing facilities across all geographic regions, deep customer understanding, and a portfolio of higher-value functional polymers. The company maintains significant intellectual property with approximately 3,900 active U.S. patents and 25,800 active foreign patents. Dow holds ownership interests in major joint ventures including EQUATE, The Kuwait Olefins Company, Map Ta Phut Olefins, Sadara Chemical Company, and The SCGC-Dow Group.
The company traces its heritage to 1897 and was incorporated as Dow Inc. in 2018 to serve as a holding company for The Dow Chemical Company, its wholly owned subsidiary. Dow's strategy emphasizes advancing a circular economy, reducing greenhouse gas emissions, developing safer materials, and fostering sustainable growth through innovation and operational excellence across its integrated manufacturing environment.
- Sector
- Materials
- Industry
- Chemicals
- HQ
- MIDLAND, MI
- FY end
- 12-31
- CIK
- 1751788
- SIC
- 2821
Ownership
Who holds DOW INC. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30
Top fund holders
| Fund | % of fund | Value |
|---|---|---|
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI · VANGUARD INDEX FUNDS | 0.03% | $626.09M |
| VANGUARD 500 INDEX FUND VOO · VANGUARD INDEX FUNDS | 0.03% | $510.85M |
| Growth Fund of America AGTHX | 0.11% | $413.81M |
| Fidelity 500 Index Fund FXAIX · Fidelity Concord Street Trust | 0.04% | $309.90M |
| iShares Core S&P 500 ETF IVV · iShares Trust | 0.03% | $270.92M |
Bonds held by funds
Funds report holding 21 issues of DOW INC.'s debt, $1.66B at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 5.16%, maturing 2028–2055.
| Issue | Coupon | Matures | Funds | Fund-held |
|---|---|---|---|---|
| DOW CHEMICAL CO SR UNSEC 5.65% 03-15-36 | 5.650% | 2036-03-15 | 74 | $148.25M |
| Dow Chemical Co/The | 4.800% | 2031-01-15 | 61 | $146.64M |
| Dow Chemical Co/The | 4.375% | 2042-11-15 | 77 | $129.63M |
| Dow Chemical Co/The | 6.300% | 2033-03-15 | 43 | $120.32M |
| Dow Chemical Co/The | 2.100% | 2030-11-15 | 57 | $107.62M |
| DOW CHEMICAL CO SR UNSEC 5.35% 03-15-35 | 5.350% | 2035-03-15 | 47 | $106.74M |
| DOW CHEMICAL CO SR UNSEC 5.6% 02-15-54 | 5.600% | 2054-02-15 | 52 | $97.31M |
| Dow Chemical Co/The | 3.600% | 2050-11-15 | 63 | $95.97M |
| DOW CHEMICAL CO SR UNSEC 5.55% 11-30-48 | 5.550% | 2048-11-30 | 50 | $84.30M |
| DOW 5.25 11/15/41 | 5.250% | 2041-11-15 | 50 | $73.49M |
The 10 largest by fund-held value, of 21.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
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