---
schema_version: "secwatch.filing_event.v1"
accession: "0001751788-22-000120"
form_type: "8-K"
ticker: "DOW"
cik: "0001751788"
company_name: "DOW INC."
filed_at: "2022-07-21T23:59:59+00:00"
generated_at: "2026-06-24T10:10:27.338549+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Dow Q2 2022: GAAP EPS $2.26, Operating EPS $2.31; Net sales $15.7B (+13% YoY)

## Summary
- GAAP EPS $2.26, Operating EPS $2.31 vs $2.72 YoY; Net Income $1.7B.
- Net sales $15.7B (+13% YoY); local price +16%, volume flat; currency -3%.
- Operating EBIT $2.4B, down $453M YoY; EBITDA $3.1B; cash from ops $1.9B, free cash flow $1.4B.
- Shareholder returns $1.3B ($800M buybacks, $505M dividends); no debt maturities until 2027.
- Segment: Packaging & Specialty Plastics EBIT $1.4B (margin 17.4%), Performance Materials & Coatings EBIT $561M (margin 18.7%, +960bps YoY).

## SEC filing metadata
- accession: 0001751788-22-000120
- form_type: 8-K
- ticker: DOW
- cik: 0001751788
- company_name: DOW INC.
- filed_at: 2022-07-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1751788/000175178822000120/0001751788-22-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1751788/000175178822000120/dow-20220721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001751788-22-000120
- JSON: https://secwatch.observer/filing/0001751788-22-000120.json
- Plain text: https://secwatch.observer/filing/0001751788-22-000120.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.