Dow Inc. Files 2024 10-K

Ticker: DOW · Form: 10-K · Filed: Feb 4, 2025 · CIK: 1751788

Sentiment: neutral

Topics: 10-K, annual-report, chemicals

TL;DR

Dow Inc. dropped its 2024 10-K, check it for the latest on plastics biz.

AI Summary

Dow Inc. filed its 2024 10-K on February 4, 2025, detailing its fiscal year ending December 31, 2024. The filing provides comprehensive information about the company's operations, financial performance, and risk factors. Dow Inc. is a major player in the plastics, materials, and synthetic resins industry, headquartered in Midland, Michigan.

Why It Matters

This 10-K filing provides investors and stakeholders with a detailed look into Dow Inc.'s financial health and strategic positioning for the fiscal year 2024, influencing investment decisions and market perception.

Risk Assessment

Risk Level: medium — The filing of a 10-K is a routine requirement for public companies, but the content within can reveal significant risks related to market conditions, competition, and operational challenges.

Key Numbers

Key Players & Entities

FAQ

What is Dow Inc.'s primary industry classification?

Dow Inc. is classified under 'PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS' with SIC code 2821.

When did Dow Inc. file its 10-K report?

Dow Inc. filed its 10-K report on February 4, 2025.

What is the fiscal year end date for this 10-K filing?

The fiscal year end date for this filing is December 31, 2024.

Where is Dow Inc. headquartered?

Dow Inc. is headquartered in Midland, Michigan.

What is the SEC file number for Dow Inc.'s 10-K?

The SEC file number for Dow Inc.'s 10-K is 001-38646.

Filing Stats: 4,322 words · 17 min read · ~14 pages · Grade level 13.5 · Accepted 2025-02-04 07:57:08

Key Financial Figures

Filing Documents

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations. 32 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk. 61 Item 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data. 62 Dow Inc. and Subsidiaries: Consolidated Statements of Income. 66 Consolidated Statements of Comprehensive Income. 67 Consolidated Balance Sheets. 68 Consolidated Statements of Cash Flows. 69 Consolidated Statements of Equity. 70 The Dow Chemical Company and Subsidiaries: Consolidated Statements of Income. 71 Consolidated Statements of Comprehensive Income. 72 Consolidated Balance Sheets. 73 Consolidated Statements of Cash Flows. 74 Consolidated Statements of Equity. 75 Dow Inc. and Subsidiaries and The Dow Chemical Company and Subsidiaries: Notes to the Consolidated Financial Statements. 76 Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure. 139 Item 9A.

Controls and Procedures

Controls and Procedures. 139 Item 9B. Other Information. 142 PART III Item 10. Directors, Executive Officers and Corporate Governance. 143 Item 11.

Executive Compensation

Executive Compensation. 143 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. 143 Item 13. Certain Relationships and Related Transactions, and Director Independence. 143 Item 14. Principal Accounting Fees and Services. 143 PART IV Item 15. Exhibits, Financial Statement Schedules. 144 Item 16. Form 10-K Summary. 147

SIGNATURES

SIGNATURES 149 3 Table of Contents Dow Inc. and Subsidiaries The Dow Chemical Company and Subsidiaries This Annual Report on Form 10-K is a combined report being filed by Dow Inc. and The Dow Chemical Company and its consolidated subsidiaries ("TDCC" and together with Dow Inc., "Dow" or the "Company"). This Annual Report on Form 10-K reflects the results of Dow and its consolidated subsidiaries. As a result of the parent/subsidiary relationship between Dow Inc. and TDCC, and considering that the financial statements and disclosures of each company are substantially similar, the companies are filing a combined report for this Annual Report on Form 10-K. The information reflected in this report is equally applicable to both Dow Inc. and TDCC, except where otherwise noted. Each of Dow Inc. and TDCC is filing information in this report on its own behalf and neither company makes any representation to the information relating to the other company. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Certain statements in this report are "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements often address expected future business and financial performance, financial condition, and other matters, and often contain words or phrases such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "opportunity," "outlook," "plan," "project," "seek," "should," "strategy," "target," "will," "will be," "will continue," "will likely result," "would," and similar expressions, and variations or negatives of these words or phrases. Forward-looking statements are based on current assumptions and expectations of future events that are subject to risks, uncertainties and other factors that are beyond Dow's control, which may cause actual results to differ materially from those pro

BUSINESS

ITEM 1. BUSINESS THE COMPANY Dow Inc. was incorporated on August 30, 2018, under Delaware law, to serve as a holding company for The Dow Chemical Company and its consolidated subsidiaries ("TDCC" and together with Dow Inc., "Dow" or the "Company"). Dow Inc. operates all of its businesses through TDCC, a wholly owned subsidiary, which was incorporated in 1947 under Delaware law and is the successor to a Michigan corporation, of the same name, organized in 1897. The Company's principal executive offices are located at 2211 H.H. Dow Way, Midland, Michigan 48674. Available Information The Company's Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, are available free of charge at www.dow.com/investors , as soon as reasonably practicable after the reports are electronically filed or furnished with the U.S. Securities and Exchange Commission ("SEC"). The SEC maintains a website that contains these reports as well as proxy statements and other information regarding issuers that file electronically. The SEC's website is www.sec.gov . Dow's website and its content are not deemed incorporated by reference into this report. Except as otherwise indicated by the context, the term "Union Carbide" means Union Carbide Corporation and the term "Dow Silicones" means Dow Silicones Corporation, both wholly owned subsidiaries of the Company. ABOUT DOW Dow is one of the world's leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. The Company's global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enables the Company to achieve profitable growth and help deliver a sustainable future. Dow operates manufacturing sites in 30 countries and employs appro

View Full Filing

View this 10-K filing on SEC EDGAR

View on Read The Filing