# DOW · DOW Inc. Snapshot 2026-10-26 · CIK 0001751788 · NYSE · Plastic Materials, Synth Resins & Nonvulcan Elastomers Price 32.61 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 23.5 B Machine-readable: https://theclaudetrader.com/s/DOW.json · index: https://theclaudetrader.com/llms.txt ## Scores ### Graham Defensive: 45.6 (partial: 5) · complete: False · missing tests: 5 · current inputs as of 2025-12-31 · stale inputs: Revenue, current_assets, current_liabilities, lt_debt, equity, Shares outstanding · history 2016–2025 · price 2026-10-23 · verification {'verified': 8, 'mismatch': 3, 'unverified': 19, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham - 1 Adequate size: 39.97 revenue $B · threshold >= 1 · points 5.0/5 - 2a Current ratio: 1.85 · threshold >= 2.0 · points 12.7/15 - 2b Long-term debt vs working capital: 1.93 LTD / WC · threshold <= 1.0 · points 1.0/15 - 3 Positive earnings each of 10 years: 8 of 10 · threshold 10 of 10 · points 12.0/15 - 4 Dividends every year for 20 years: 7 of 20 · threshold 20 of 20 · points 5.25/15 - 5 EPS growth, 3-yr avg now vs 10 yrs ago: None · threshold >= +33% · points None/10 - 6 P/E on 3-year average EPS: None · threshold <= 15 · points 0.0/15 - 7 P/B <= 1.5, or P/E x P/B <= 22.5: P/B 1.54 · threshold <= 1.5 or <= 22.5 · points 9.7/10 Inputs: - Price (close, per traded unit): 32.61 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - Revenue: 39968000000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - current_assets: 19469000000.0 · 2026-03-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - current_liabilities: 10536000000.0 · 2026-03-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - lt_debt: 17254000000.0 · 2026-03-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - equity: 15249000000.0 · 2026-03-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - Net income FY2016: 4318000000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178819000025/ · unverified - Net income FY2017: 465000000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178819000025/ · unverified - Net income FY2018: 4641000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178819000025/ · unverified - Net income FY2019: -1272000000.0 · 2019-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178822000011/ · unverified - Net income FY2020: 1294000000.0 · 2020-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178823000014/ · unverified - Net income FY2021: 6405000000.0 · 2021-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178824000010/ · unverified - Net income FY2022: 4640000000.0 · 2022-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178825000012/ · unverified - Net income FY2023: 660000000.0 · 2023-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Net income FY2024: 1201000000.0 · 2024-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Net income FY2025: -2444000000.0 · 2025-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Dividend years (Yahoo): [2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] · · Yahoo Finance dividend history · https://finance.yahoo.com/quote/DOW/history?filter=div · mismatch - Dividends per share FY2016 (XBRL): 1.84 · 2016-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1751788/000175178819000025/ · mismatch - Dividends per share FY2017 (XBRL): 1.38 · 2017-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1751788/000175178820000007/ · mismatch - Dividends per share FY2018 (XBRL): 0.0 · 2018-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1751788/000175178821000010/ · verified - Dividends per share FY2019 (XBRL): 2.1 · 2019-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1751788/000175178822000011/ · verified - Dividends per share FY2020 (XBRL): 2.8 · 2020-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1751788/000175178823000014/ · verified - Dividends per share FY2021 (XBRL): 2.8 · 2021-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1751788/000175178824000010/ · verified - Dividends per share FY2022 (XBRL): 2.8 · 2022-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1751788/000175178825000012/ · verified - Dividends per share FY2023 (XBRL): 2.8 · 2023-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · verified - Dividends per share FY2024 (XBRL): 2.8 · 2024-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · verified - Dividends per share FY2025 (XBRL): 2.1 · 2025-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · verified - EPS diluted FY2016: 5.73 · 2016-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1751788/000175178819000025/ · unverified - EPS diluted FY2023: 0.82 · 2023-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - EPS diluted FY2024: 1.57 · 2024-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - EPS diluted FY2025: -3.7 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Shares outstanding: 720741438.0 · 2026-03-31 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ ### Magic Formula: — (insufficient data (no operating income in XBRL)) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula ### Momentum: 56.3 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum - 12-1 month return: 22.7 % · threshold · points 35.2/50 - 6 month return: -13.5 % · threshold · points 3.2/20 - Price / 52-week high: 0.796 · threshold · points 11.9/15 - Volatility penalty (60d annualised): 31.2 % · threshold · points 6.0/15 Inputs: - Adjusted close series (14 months): 32.61 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · ### Insider: 0.0 (no open-market transactions in window) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider - Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold · points 0.0/35 - Distinct buyers: 0 · threshold · points 0.0/25 - Buyer seniority: 0.0 · threshold · points 0.0/20 - Recency (half-life 30d): 0.0 · threshold · points 0.0/10 - Sales penalty (excludes 10b5-1 plan sales): 0.0 bp · threshold · points -0.0/0 ### Buffett Quality: 23.9 (partial: 5) · complete: False · missing tests: 5 · current inputs as of 2026-03-31 · stale inputs: Shares outstanding · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 36, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett - 1 Average return on equity (net income / year-end equity): 8.5% over 8 yrs · threshold >= 15% · points 1.9/25 - 2 Profitable every year: 8 of 10 · threshold all years · points 12.0/15 - 3 Net income growth, 3-yr average now vs start of window: base or latest average not positive · threshold >= +10% · points 0.0/10 - 4 Borrowings / 3-yr average earnings (years to repay): None · threshold <= 4 · points 0.0/15 - 5 Operating margin, 5-yr average: 0 years with operating income and revenue · threshold >= 20% · points None/10 - 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 1.20 · threshold >= 1.0 · points 10.0/10 - 7 Owner-earnings yield (3-yr avg free cash flow / market cap): 1.9% · threshold >= 7% · points 0.0/15 Inputs: - Price (close, per traded unit): 32.61 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - Net income FY2018: 4641000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178819000025/ · unverified - Equity at FY2018 end: 32483000000.0 · 2018-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1751788/000175178821000010/ · unverified - Net income FY2019: -1272000000.0 · 2019-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178822000011/ · unverified - Equity at FY2019 end: 13541000000.0 · 2019-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1751788/000175178822000011/ · unverified - Net income FY2020: 1294000000.0 · 2020-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178823000014/ · unverified - Equity at FY2020 end: 12435000000.0 · 2020-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1751788/000175178823000014/ · unverified - Net income FY2021: 6405000000.0 · 2021-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178824000010/ · unverified - Equity at FY2021 end: 18165000000.0 · 2021-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1751788/000175178824000010/ · unverified - Net income FY2022: 4640000000.0 · 2022-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178825000012/ · unverified - Equity at FY2022 end: 20718000000.0 · 2022-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1751788/000175178825000012/ · unverified - Net income FY2023: 660000000.0 · 2023-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Equity at FY2023 end: 18607000000.0 · 2023-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Net income FY2024: 1201000000.0 · 2024-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Equity at FY2024 end: 17355000000.0 · 2024-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Net income FY2025: -2444000000.0 · 2025-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Equity at FY2025 end: 16008000000.0 · 2025-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - Net income FY2016: 4318000000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178819000025/ · unverified - Net income FY2017: 465000000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178819000025/ · unverified - Net income FY2018: 4641000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178819000025/ · unverified - Net income FY2019: -1272000000.0 · 2019-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178822000011/ · unverified - Net income FY2020: 1294000000.0 · 2020-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178823000014/ · unverified - Net income FY2021: 6405000000.0 · 2021-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178824000010/ · unverified - Net income FY2022: 4640000000.0 · 2022-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178825000012/ · unverified - Net income FY2023: 660000000.0 · 2023-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Net income FY2024: 1201000000.0 · 2024-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Net income FY2025: -2444000000.0 · 2025-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Operating cash flow FY2021: 7009000000.0 · 2021-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1751788/000175178824000010/ · unverified - Capital expenditure FY2021: 1501000000.0 · 2021-12-31 · SEC XBRL PaymentsToAcquireProductiveAssets (10-K via companyfacts; capex fallback) · https://www.sec.gov/Archives/edgar/data/1751788/000175178824000010/ · unverified - Operating cash flow FY2022: 7475000000.0 · 2022-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1751788/000175178825000012/ · unverified - Capital expenditure FY2022: 1823000000.0 · 2022-12-31 · SEC XBRL PaymentsToAcquireProductiveAssets (10-K via companyfacts; capex fallback) · https://www.sec.gov/Archives/edgar/data/1751788/000175178825000012/ · unverified - Operating cash flow FY2023: 5196000000.0 · 2023-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Capital expenditure FY2023: 2356000000.0 · 2023-12-31 · SEC XBRL PaymentsToAcquireProductiveAssets (10-K via companyfacts; capex fallback) · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Operating cash flow FY2024: 2914000000.0 · 2024-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Capital expenditure FY2024: 2940000000.0 · 2024-12-31 · SEC XBRL PaymentsToAcquireProductiveAssets (10-K via companyfacts; capex fallback) · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Operating cash flow FY2025: 1032000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Capital expenditure FY2025: 2479000000.0 · 2025-12-31 · SEC XBRL PaymentsToAcquireProductiveAssets (10-K via companyfacts; capex fallback) · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Shares outstanding: 720741438.0 · 2026-03-31 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ ### Lynch GARP: 11.5 (ok) · complete: True · missing tests: none · current inputs as of 2026-03-31 · stale inputs: debt_incl_current, equity, cash · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 5, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch - 1 PEG: P/E divided by 5-yr EPS growth (in % points): None · threshold <= 1.0 · points 0.0/30 - 2 EPS growth, 5-yr compound rate: None · threshold 12% to 35% a year · points 0.0/20 - 3 P/E on latest annual EPS: None · threshold <= 25 · points 0.0/10 - 4 Borrowings / equity: 1.13 · threshold <= 0.5 · points 5.5/15 - 5 Years of the last 5 in which EPS rose: 2 of 5 · threshold 5 of 5 · points 6.0/15 - 6 Net cash (cash minus borrowings) / market cap: -55.9% · threshold >= +10% · points 0.0/10 Inputs: - Price (close, per traded unit): 32.61 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - EPS diluted FY2025: -3.7 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - EPS diluted FY2020: 1.64 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1751788/000175178823000014/ · unverified - debt_incl_current: 17254000000.0 · 2026-03-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - equity: 15249000000.0 · 2026-03-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - cash: 4110000000.0 · 2026-03-31 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified ### Graham Enterprising: 55.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-03-31 · stale inputs: current_assets, current_liabilities, debt_incl_current, equity, Shares outstanding · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 11, 'not_cross_checked': 3} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising - 1 Current ratio: 1.85 · threshold >= 1.5 · points 15.0/15 - 2 Borrowings vs working capital: 1.93 x · threshold <= 1.1x · points 3.7/15 - 3 No earnings deficit in the last 5 years: 4 of 5 profitable · threshold 5 of 5 · points 12.0/15 - 4 Pays a current dividend: yes · threshold yes · points 10.0/10 - 5 EPS higher than five years earlier: 1.64 -> -3.70 · threshold higher · points 0.0/10 - 6 Price / book value per share: 1.54 · threshold <= 1.2 · points 14.3/20 - 7 Price / net current asset value per share (current assets minus all liabilities): None · threshold <= 0.67 · points 0.0/15 Inputs: - Price (close, per traded unit): 32.61 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - current_assets: 19469000000.0 · 2026-03-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - current_liabilities: 10536000000.0 · 2026-03-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - debt_incl_current: 17254000000.0 · 2026-03-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - Net income FY2021: 6405000000.0 · 2021-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178824000010/ · unverified - Net income FY2022: 4640000000.0 · 2022-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178825000012/ · unverified - Net income FY2023: 660000000.0 · 2023-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Net income FY2024: 1201000000.0 · 2024-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Net income FY2025: -2444000000.0 · 2025-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - Dividend years (Yahoo): [2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] · · Yahoo Finance dividend history · https://finance.yahoo.com/quote/DOW/history?filter=div - EPS diluted FY2025: -3.7 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - EPS diluted FY2020: 1.64 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1751788/000175178823000014/ · unverified - equity: 15249000000.0 · 2026-03-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - Shares outstanding: 720741438.0 · 2026-03-31 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ ### Piotroski F-Score: 33.3 (partial: 8) · complete: False · missing tests: 8 · current inputs as of None · stale inputs: none · history 2024–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 23, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski - 1 Return on assets is positive: -4.2% · threshold pass = 1 · points 0.0/11.11111111111111 - 2 Operating cash flow is positive: 1,032M · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 3 Return on assets improved on the prior year: 2.1% -> -4.2% · threshold pass = 1 · points 0.0/11.11111111111111 - 4 Operating cash flow exceeds net income (accruals): 1,032M vs -2,444M · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 5 Long-term debt / assets fell: 27.4% -> 30.5% · threshold pass = 1 · points 0.0/11.11111111111111 - 6 Current ratio improved: 1.61 -> 1.97 · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 7 No new shares issued (share count did not rise): 707M -> 721M · threshold pass = 1 · points 0.0/11.11111111111111 - 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): None · threshold pass = 1 · points None/11.11111111111111 - 9 Asset turnover (revenue / assets) improved: 0.75 -> 0.68 · threshold pass = 1 · points 0.0/11.11111111111111 Inputs: - net_income 2025-12-31: -2444000000.0 · 2025-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - total_assets 2025-12-31: 58538000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - cfo 2025-12-31: 1032000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - net_income 2025-12-31: -2444000000.0 · 2025-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - net_income 2024-12-31: 1201000000.0 · 2024-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - total_assets 2025-12-31: 58538000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - total_assets 2024-12-31: 57312000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - cfo 2025-12-31: 1032000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - net_income 2025-12-31: -2444000000.0 · 2025-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - lt_debt 2025-12-31: 17849000000.0 · 2025-12-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - lt_debt 2024-12-31: 15711000000.0 · 2024-12-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - total_assets 2025-12-31: 58538000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - total_assets 2024-12-31: 57312000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - current_assets 2025-12-31: 18062000000.0 · 2025-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - current_assets 2024-12-31: 16590000000.0 · 2024-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - current_liabilities 2025-12-31: 9183000000.0 · 2025-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - current_liabilities 2024-12-31: 10288000000.0 · 2024-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - shares_out 2026-03-31: 720741438.0 · 2026-03-31 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - shares_out 2025-03-31: 706861738.0 · 2025-03-31 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1751788/000175178825000129/ · unverified - revenue 2025-12-31: 39968000000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - revenue 2024-12-31: 42964000000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified - total_assets 2025-12-31: 58538000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ · unverified - total_assets 2024-12-31: 57312000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ · unverified ## Market value, source trail - Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used - Traded price: 32.61 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1 - SEC shares outstanding: 720,741,438 underlying shares, period 2026-03-31, SEC XBRL EntityCommonStockSharesOutstanding, accession 0001751788-26-000134 · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000134/ - Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None - Market value (price date x latest reported shares): 23,503,378,293 USD; 32.61 (price 2026-10-23) / 1 x 720,741,438 (shares at 2026-03-31) = 23,503,378,293 WARNING share count is 206 days older than the price; buybacks or issuance since 2026-03-31 are not reflected ## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends) - FY2018 (ended 2018-12-31): 49604000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178821000010/ - FY2019 (ended 2019-12-31): 42951000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178822000011/ - FY2020 (ended 2020-12-31): 38542000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178822000011/ - FY2021 (ended 2021-12-31): 54968000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178824000010/ - FY2022 (ended 2022-12-31): 56902000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178825000012/ - FY2023 (ended 2023-12-31): 44622000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ - FY2024 (ended 2024-12-31): 42964000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ - FY2025 (ended 2025-12-31): 39968000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ ## Net income by fiscal year (SEC XBRL) - FY2016 (ended 2016-12-31): 4318000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178819000025/ - FY2017 (ended 2017-12-31): 465000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178819000025/ - FY2018 (ended 2018-12-31): 4641000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178819000025/ - FY2019 (ended 2019-12-31): -1272000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178822000011/ - FY2020 (ended 2020-12-31): 1294000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178823000014/ - FY2021 (ended 2021-12-31): 6405000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178824000010/ - FY2022 (ended 2022-12-31): 4640000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178825000012/ - FY2023 (ended 2023-12-31): 660000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ - FY2024 (ended 2024-12-31): 1201000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ - FY2025 (ended 2025-12-31): -2444000000.0 · https://www.sec.gov/Archives/edgar/data/1751788/000175178826000018/ ## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets) - FY2016 (ended 2016-12-31): 5.73 [filed 5.73, split factor 1.0] - FY2017 (ended 2017-12-31): 0.6 [filed 0.6, split factor 1.0] - FY2018 (ended 2018-12-31): 6.21 [filed 6.21, split factor 1.0] - FY2019 (ended 2019-12-31): -1.84 [filed -1.84, split factor 1.0] - FY2020 (ended 2020-12-31): 1.64 [filed 1.64, split factor 1.0] - FY2021 (ended 2021-12-31): 8.38 [filed 8.38, split factor 1.0] - FY2022 (ended 2022-12-31): 6.28 [filed 6.28, split factor 1.0] - FY2023 (ended 2023-12-31): 0.82 [filed 0.82, split factor 1.0] - FY2024 (ended 2024-12-31): 1.57 [filed 1.57, split factor 1.0] - FY2025 (ended 2025-12-31): -3.7 [filed -3.7, split factor 1.0] ## Dividend years (Yahoo history) 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026 ## Insider transactions (SEC Form 4 data set, latest 40) ## Links - sec_filings: https://www.sec.gov/edgar/browse/?CIK=0001751788 - sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001751788.json - sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001751788&type=4 - sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001751788&type=8-K - yahoo: https://finance.yahoo.com/quote/DOW - stooq: https://stooq.com/q/d/?s=dow.us - morningstar (link only, nothing stored): https://www.morningstar.com/search?query=DOW - finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=DOW - stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/dow/ - seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/DOW - openinsider (link only, nothing stored): http://openinsider.com/search?q=DOW - google_news (link only, nothing stored): https://news.google.com/rss/search?q=DOW+stock Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/DOW; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23. Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.