A deep dive into DOW shares

Company Overview - Downer EDI Ltd (ASX: DOW) is a leading provider of integrated infrastructure services in Australia and New Zealand, responsible for building, maintaining, and operating transit systems, utilities services, and public infrastructure [2][3] - The company segments its business into three main areas: Transport (over 50% of revenue), Utilities (around 20%), and Facilities (around 30%) [3] Share Price Performance - DOW share price has increased by 37.7% since the start of 2025, attracting investor interest [1][2] Revenue Stability - A significant portion of DOW's revenue comes from large, multi-year government contracts, providing predictable future revenue despite economic downturns [5] - The company has experienced a compound annual growth rate (CAGR) of -1.6% in revenue over the last three years [6] Dividend Information - DOW currently offers a dividend yield of 2.33%, with an average yield of 3.7% over the past five years, indicating a potential income source for investors [7][10] - The current dividend yield is below its historical average, suggesting that dividends may have fallen or that the share price has increased [10][11] Economic Outlook - Investment in industrial companies like DOW is often viewed as a bet on economic growth, as revenue growth is closely tied to government infrastructure investment and population growth [8]