Dow Chemical (NYSE: DOW) reported Q4 EPS of $0.99, $0.11 better than the analyst estimate of $0.88. Revenue for the quarter came in at $13 billion versus the consensus estimate of $12.38 billion.

Andrew Liveris, Dow’s chairman and chief executive officer, stated:

“This was another strong quarter for our company, extending our streak of year-over-year earnings and volume growth – reaching 17 consecutive quarters of increases in operating EPS and 13 consecutive quarters of volume growth. We delivered record quarterly and full-year operating EBITDA and generated strong cash flow from operations of $1.9 billion in the quarter. And this year we returned nearly $3 billion to our owners through share repurchases and the highest annual dividend in our history.

“Operationally, we showcased the power and resilience of our consumer-driven business model throughout the year, no matter what economic volatility occurred. By capitalizing on our market focus and innovation launches, we delivered full-year operating EBITDA records in multiple downstream businesses, including Automotive Systems, Building & Construction, Electronic Materials and Dow AgroSciences.

“Strategically, we advanced our growth investments. Sadara completed construction of its world-scale site, celebrated startups of its largest units and began ramping production of its 26 operating units. On the U.S. Gulf Coast, we completed capacity expansions in Louisiana and Texas. And we accelerated the integration of Dow Corning silicones, surpassing all of our value and synergy capture targets and capitalizing on the business’s natural fit within Dow’s portfolio.

“Simply put, the Dow team continues to deliver a consistent track record of executing against our priorities, proving time and again the resilience and agility of our focused business model, which performs under all economic conditions.”

For earnings history and earnings-related data on Dow Chemical (DOW) click here.