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Albemarle vs Dow: revenue, profit, margins and growth compared

Albemarle brought in $5.1B of revenue in fiscal 2025, Dow $40B in fiscal 2025. Revenue changed by -4.4% at Albemarle and -7.0% at Dow on the year before, so Albemarle grew faster. Albemarle kept -9.9% of its revenue as net profit, Dow -6.6%. Free cash flow was $692.5M at Albemarle and -$1.4B at Dow.

Side by side, latest fiscal year

ALBDOW
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$5.1B$40B
Revenue growth-4.4%-7.0%
Net income-$510.6M-$2.6B
Net margin-9.9%-6.6%
Free cash flow$692.5M-$1.4B
Free cash flow margin13.5%-3.6%
Earnings per share (diluted)-$5.76-$3.70
Cash$1.6B$3.8B
Debt$3.2B$18.1B
Price to earningsn/an/a
Market value$12.9B$20.2B
Dividend yield1.48%7.49%
Rank by revenue in sector#122 of 451 · Industrials#14 of 451 · Industrials

Over the years

Revenue
ALB FY2018: $3.4BALB FY2019: $3.6BALB FY2020: $3.1BALB FY2021: $3.3BALB FY2021: $7.3BALB FY2023: $9.6BALB FY2024: $5.4BALB FY2025: $5.1BDOW FY2019: $49.6BDOW FY2019: $43BDOW FY2020: $38.5BDOW FY2021: $55BDOW FY2022: $56.9BDOW FY2023: $44.6BDOW FY2024: $43BDOW FY2025: $40BFY18FY19FY20FY21FY22FY23FY24FY25
ALB $5.1BDOW $40B
Net income
ALB FY2018: $693.6MALB FY2019: $533.2MALB FY2020: $375.8MALB FY2021: $123.7MALB FY2021: $2.7BALB FY2023: $1.6BALB FY2024: -$1.2BALB FY2025: -$510.6MDOW FY2019: $4.6BDOW FY2019: -$1.4BDOW FY2020: $1.2BDOW FY2021: $6.3BDOW FY2022: $4.6BDOW FY2023: $589MDOW FY2024: $1.1BDOW FY2025: -$2.6BFY18FY19FY20FY21FY22FY23FY24FY25
ALB -$510.6MDOW -$2.6B
Net margin
ALB FY2018: 20.6%ALB FY2019: 14.9%ALB FY2020: 12.0%ALB FY2021: 3.7%ALB FY2021: 36.7%ALB FY2023: 16.4%ALB FY2024: -21.9%ALB FY2025: -9.9%DOW FY2019: 9.4%DOW FY2019: -3.2%DOW FY2020: 3.2%DOW FY2021: 11.5%DOW FY2022: 8.1%DOW FY2023: 1.3%DOW FY2024: 2.6%DOW FY2025: -6.6%FY18FY19FY20FY21FY22FY23FY24FY25
ALB -9.9%DOW -6.6%
Revenue growth
ALB FY2019: +6.4%ALB FY2020: -12.8%ALB FY2021: +6.4%ALB FY2021: +120.0%ALB FY2023: +31.4%ALB FY2024: -44.1%ALB FY2025: -4.4%DOW FY2019: -13.4%DOW FY2020: -10.3%DOW FY2021: +42.6%DOW FY2022: +3.5%DOW FY2023: -21.6%DOW FY2024: -3.7%DOW FY2025: -7.0%FY19FY20FY21FY22FY23FY24FY25
ALB -4.4%DOW -7.0%
Free cash flow
ALB FY2018: -$153.8MALB FY2019: -$132.4MALB FY2020: -$51.6MALB FY2021: -$609.4MALB FY2021: $646.2MALB FY2023: -$828MALB FY2024: -$992.7MALB FY2025: $692.5MDOW FY2019: $2.2BDOW FY2019: $4BDOW FY2020: $5BDOW FY2021: $5.5BDOW FY2022: $5.7BDOW FY2023: $2.8BDOW FY2024: -$26MDOW FY2025: -$1.4BFY18FY19FY20FY21FY22FY23FY24FY25
ALB $692.5MDOW -$1.4B

Fiscal years as each company reports them; the two may end in different months.

Questions about Albemarle and Dow

Which is bigger by revenue, Albemarle or Dow?

Dow is bigger by revenue: $40B in fiscal 2025, against $5.1B for Albemarle in fiscal 2025.

Which keeps more of its revenue as profit, Albemarle or Dow?

Albemarle had a net margin of -9.9% in fiscal 2025; Dow had -6.6% in fiscal 2025.

Which grew revenue faster, Albemarle or Dow?

In their latest fiscal years revenue changed by -4.4% at Albemarle and -7.0% at Dow.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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