---
schema_version: "secwatch.filing_event.v1"
accession: "0001751788-23-000137"
form_type: "8-K"
ticker: "DOW"
cik: "0001751788"
company_name: "DOW INC."
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T14:24:18.354031+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Dow Inc. reports Q3 2023 GAAP EPS of $0.42, operating EPS of $0.48; net sales down 24% YoY

## Summary
- GAAP earnings per share was $0.42; operating EPS was $0.48, down from $1.11 a year ago.
- Net sales of $10.7 billion, down 24% year-over-year, with declines in all segments due to slower global macroeconomic activity.
- Operating EBIT was $626 million, down from $1.2 billion in the year-ago period.
- Cash provided by operating activities was $1.7 billion, with cash flow conversion of 103% on a trailing 12-month basis.
- Returns to shareholders totaled $617 million, including $492 million in dividends and $125 million in share repurchases.

## SEC filing metadata
- accession: 0001751788-23-000137
- form_type: 8-K
- ticker: DOW
- cik: 0001751788
- company_name: DOW INC.
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1751788/000175178823000137/0001751788-23-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1751788/000175178823000137/dow-20231024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001751788-23-000137
- JSON: https://secwatch.observer/filing/0001751788-23-000137.json
- Plain text: https://secwatch.observer/filing/0001751788-23-000137.txt

## Key facts
- Earnings Releases
  DOW INC. reported third quarter of 2023 results: revenue $10,730 million, net income $327 million, EPS $0.42.
  - Period: third quarter of 2023
  - Revenue: $10,730 million
  - Net income: $327 million
  - EPS: $0.42
  - Result: reported results
  source text: EPS excludes significant items in the quarter, totaling $0.06 per share, primarily related to costs associated with the Company’s 2023 Restructuring Program. • Net sales were $10.7 billion, down 24% versus the year-ago period, reflecting declines in all operating segments due to slower global macroeconomic activity. Sales were down 6% sequentially, as volume gains
  evidence_url: https://www.sec.gov/Archives/edgar/data/1751788/000175178823000137/0001751788-23-000137-index.htm

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