Dow Inc risk profile
66 Stretched several inputs deteriorating together
Measured 21 October 2026 from DOW's filed statements. Recomputed nightly.
66 (Stretched), driven by Cash conversion at 88, over 6 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 47 | Elevated | Stable | One-year price volatility — 43.3% |
| Operating pressure | 72 | Stretched | Worsening | Costs outgrowing revenue — +4.2 percentage points |
| Cash conversion | 88 | Acute | Worsening | Capital spending against operating cash — 2.40x |
| Leverage and coverage | 81 | Acute | Worsening | Net debt to EBITDA — 13.28x |
| Competitive position | 74 | Stretched | Stable | Operating-margin gap against peers — -14.0 percentage points |
| Concentration | 37 | Normal | Stable | Geographic concentration — 3,001 HHI |
These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.