Historical components of the Dow Jones Industrial Average

The Dow Jones Industrial Average, an American stock index composed of 30 large companies, has changed its components 60 times since its inception, on May 26, 1896. General Electric had the longest presence on the index, beginning in the original index in 1896 and ending in 2018, but was dropped and re-added twice between 1898 and 1907. As this is a historical listing, the names here are the full legal name of the corporation on that date, with abbreviations and punctuation according to the corporation's own usage. An up arrow ( ↑ ) indicates the company is added. A down arrow ( ↓ ) indicates the company is removed. A dagger ( † ) indicates a change of corporate name.

Summary of changes since 1991 Changes to the index since 1991 are as follows: On May 6, 1991, Caterpillar Inc., J.P. Morgan & Co., and The Walt Disney Company replaced Navistar, Primerica, and U.S. Steel. On March 17, 1997, Travelers Inc., Hewlett-Packard, Johnson & Johnson, and Walmart replaced Westinghouse Electric, Texaco, Bethlehem Steel, and F. W. Woolworth Company. On November 1, 1999, Microsoft, Intel, SBC Communications, and Home Depot replaced Goodyear Tire, Sears Roebuck, Union Carbide, and Chevron Corporation. Intel and Microsoft became the first and second companies traded on the Nasdaq to be part of the Dow. On April 8, 2004, American International Group, Pfizer, and Verizon Communications replaced AT&T Corporation, Kodak, and International Paper. On February 19, 2008, Chevron Corporation and Bank of America replaced Altria Group and Honeywell. Chevron was previously a Dow component from July 18, 1930, to November 1, 1999. During Chevron's absence, its split-adjusted price per share went from $44 to $85, while the price of petroleum rose from $24 to $100 per barrel. On September 22, 2008, Kraft Foods Inc. replaced American International Group (AIG) in the index. On June 8, 2009, The Travelers Companies and Cisco Systems replaced Motors Liquidation Company (formerly General Motors) and Citigroup. Cisco became the third company traded on the NASDAQ to be part of the Dow. On September 24, 2012, UnitedHealth Group replaced Kraft Foods Inc. following Kraft's split into Mondelez International and Kraft Foods. On September 23, 2013, Goldman Sachs, Nike, Inc., and Visa Inc. replaced Alcoa, Bank of America, and Hewlett-Packard. On March 19, 2015, Apple Inc. replaced AT&T, which had been a component of the DJIA since November 1916. Apple became the fourth company traded on the NASDAQ to be part of the Dow. On September 1, 2017, DowDuPont replaced DuPont. DowDuPont was formed by the merger of Dow Chemical Company with DuPont. On June 26, 2018, Walgreens Boots Alliance replaced General Electric, which had been a component of the DJIA since November 1907, after being part of the inaugural index in May 1896 and much of the 1896 to 1907 period. On April 2, 2019, Dow Inc. replaced DowDuPont. Dow, Inc. is a spin-off of DowDuPont, itself a merger of Dow Chemical Company and DuPont. On April 6, 2020, Raytheon Technologies replaced United Technologies. Raytheon is the name of the combination of United Technologies and the Raytheon Company, which merged as of April 3, 2020. The newly combined conglomerate does not include previous subsidiaries Carrier Global or Otis Worldwide. On August 31, 2020, Amgen, Honeywell, and Salesforce.com replaced ExxonMobil, Pfizer, and Raytheon Technologies. On February 26, 2024, Amazon replaced Walgreens Boots Alliance. On November 8, 2024, Nvidia replaced Intel, and Sherwin-Williams replaced Dow Inc. On June 29, 2026, Alphabet replaced Verizon Communications.

June 29, 2026 3M Company The Coca-Cola Company Nike, Inc. Alphabet Inc. ↑ The Goldman Sachs Group, Inc. Nvidia Corporation Amazon.com, Inc. The Home Depot, Inc. The Procter & Gamble Company American Express Company Honeywell Technologies Inc. † Salesforce, Inc. Amgen Inc. International Business Machines Corporation The Sherwin-Williams Company Apple Inc. Johnson & Johnson The Travelers Companies, Inc. The Boeing Company JPMorgan Chase & Co. UnitedHealth Group Incorporated Caterpillar Inc. McDonald's Corporation Visa Inc. Chevron Corporation Merck & Co., Inc. Walmart Inc. Cisco Systems, Inc. Microsoft Corporation The Walt Disney Company Dropped from Average Verizon Communications Inc. ↓ Honeywell International Inc. spun off Honeywell Aerospace Inc. Post spin-off, the Honeywell parent will remain in the DJIA under the new name Honeywell Technologies Inc. Honeywell Aerospace will not be included in the DJIA. Verizon represents only one-half of one percentage point of the DJIA due to its lower share price. November 8, 2024 3M Company The Goldman Sachs Group, Inc. Nvidia Corporation ↑ Amazon.com, Inc. The Home Depot, Inc. The Procter & Gamble Company American Express Company Honeywell International Inc. Salesforce, Inc. Amgen Inc. International Business Machines Corporation The Sherwin-Williams Company ↑ Apple Inc. Johnson & Johnson The Travelers Companies, Inc. The Boeing Company JPMorgan Chase & Co. UnitedHealth Group Incorporated Caterpillar Inc. McDonald's Corporation Verizon Communications Inc. Chevron Corporation Merck & Co., Inc. Visa Inc. Cisco Systems, Inc. Microsoft Corporation Walmart Inc. The Coca-Cola Company Nike, Inc. The Walt Disney Company Dropped from Average Dow Inc. ↓ Intel Corporation ↓

February 26, 2024 3M Company Dow Inc. Microsoft Corporation Amazon.com, Inc. ↑ The Goldman Sachs Group, Inc. Nike, Inc. American Express Company The Home Depot, Inc. The Procter & Gamble Company Amgen Inc. Honeywell International Inc. Salesforce, Inc. Apple Inc. Intel Corporation The Travelers Companies, Inc. The Boeing Company International Business Machines Corporation UnitedHealth Group Incorporated Caterpillar Inc. Johnson & Johnson Verizon Communications Inc. Chevron Corporation JPMorgan Chase & Co. Visa Inc. Cisco Systems, Inc. McDonald's Corporation Walmart Inc. The Coca-Cola Company Merck & Co., Inc. The Walt Disney Company Dropped from Average Walgreens Boots Alliance, Inc. ↓ The index change was prompted by DJIA constituent Walmart Inc.’s decision to split its stock 3:1 thereby reducing Walmart’s index weight due to the price weighted construction of the index. Walmart will remain in the DJIA.

August 31, 2020 3M Company The Goldman Sachs Group, Inc. Nike, Inc. American Express Company The Home Depot, Inc. The Procter & Gamble Company Amgen Inc. ↑ Honeywell International Inc. ↑ Salesforce, Inc. ↑ Apple Inc. Intel Corporation The Travelers Companies, Inc. The Boeing Company International Business Machines Corporation UnitedHealth Group Incorporated Caterpillar Inc. Johnson & Johnson Verizon Communications Inc. Chevron Corporation JPMorgan Chase & Co. Visa Inc. Cisco Systems, Inc. McDonald's Corporation Walgreens Boots Alliance, Inc. The Coca-Cola Company Merck & Co., Inc. Walmart Inc. Dow Inc. Microsoft Corporation The Walt Disney Company Dropped from Average Exxon Mobil Corporation ↓ Pfizer Inc. ↓ Raytheon Technologies Corporation ↓

April 6, 2020 3M Company The Goldman Sachs Group, Inc. Pfizer Inc. American Express Company The Home Depot, Inc. The Procter & Gamble Company Apple Inc. Intel Corporation Raytheon Technologies Corporation ↑ The Boeing Company International Business Machines Corporation The Travelers Companies, Inc. Caterpillar Inc. Johnson & Johnson UnitedHealth Group Incorporated Chevron Corporation JPMorgan Chase & Co. Verizon Communications Inc. Cisco Systems, Inc. McDonald's Corporation Visa Inc. The Coca-Cola Company Merck & Co., Inc. Walgreens Boots Alliance, Inc. Dow Inc. Microsoft Corporation Walmart Inc. Exxon Mobil Corporation Nike, Inc. The Walt Disney Company Dropped from Average United Technologies Corporation ↓ United Technologies Corporation merged with Raytheon Company and new corporation entered index as Raytheon Technologies Corporation.

April 2, 2019 3M Company The Goldman Sachs Group, Inc. Pfizer Inc. American Express Company The Home Depot, Inc. The Procter & Gamble Company Apple Inc. Intel Corporation The Travelers Companies, Inc. The Boeing Company International Business Machines Corporation UnitedHealth Group Incorporated Caterpillar Inc. Johnson & Johnson United Technologies Corporation Chevron Corporation JPMorgan Chase & Co. Verizon Communications Inc. Cisco Systems, Inc. McDonald's Corporation Visa Inc. The Coca-Cola Company Merck & Co., Inc. Walgreens Boots Alliance, Inc. Dow Inc. ↑ Microsoft Corporation Walmart Inc. Exxon Mobil Corporation Nike, Inc. The Walt Disney Company Dropped from Average DowDuPont Inc. ↓ DowDuPont spun off DuPont and was replaced by Dow Inc.

June 26, 2018 3M Company The Goldman Sachs Group, Inc. Pfizer Inc. American Express Company The Home Depot, Inc. The Procter & Gamble Company Apple Inc. Intel Corporation The Travelers Companies, Inc. The Boeing Company International Business Machines Corporation UnitedHealth Group Incorporated Caterpillar Inc. Johnson & Johnson United Technologies Corporation Chevron Corporation JPMorgan Chase & Co. Verizon Communications Inc. Cisco Systems, Inc. McDonald's Corporation Visa Inc. The Coca-Cola Company Merck & Co., Inc. Walgreens Boots Alliance, Inc. ↑ DowDuPont Inc. Microsoft Corporation Walmart Inc. Exxon Mobil Corporation Nike, Inc. The Walt Disney Company Dropped from Average General Electric Company ↓

September 1, 2017 3M Company General Electric Company Nike, Inc. American Express Company The Goldman Sachs Group, Inc. Pfizer Inc. Apple Inc. The Home Depot, Inc. The Procter & Gamble Company The Boeing Company Intel Corporation The Travelers Companies, Inc. Caterpillar Inc. International Business Machines Corporation UnitedHealth Group Inc. Chevron Corporation Johnson & Johnson United Technologies Corporation Cisco Systems, Inc. JPMorgan Chase & Co. Verizon Communications Inc. The Coca-Cola Company McDonald's Corporation Visa Inc. DowDuPont Inc. † Merck & Co., Inc. Wal-Mart Stores, Inc. Exxon Mobil Corporation Microsoft Corporation The Walt Disney Company DuPont merged with the Dow Chemical Company under the name DowDuPont.

March 19, 2015 3M Company General Electric Company Nike, Inc. American Express Company The Goldman Sachs Group, Inc. Pfizer Inc. Apple Inc. ↑ The Home Depot, Inc. The Procter & Gamble Company The Boeing Company Intel Corporation The Travelers Companies, Inc. Caterpillar Inc. International Business Machines Corporation UnitedHealth Group Inc. Chevron Corporation Johnson & Johnson United Technologies Corporation Cisco Systems, Inc. JPMorgan Chase & Co. Verizon Communications Inc. The Coca-Cola Company McDonald's Corporation Visa Inc. E.I. du Pont de Nemours & Company Merck & Co., Inc. Wal-Mart Stores, Inc. Exxon Mobil CorporationMicrosoft Corporation The Walt Disney Company Dropped from Average AT&T Inc. ↓

September 23, 2013 3M Company General Electric Company Nike, Inc. ↑ American Express Company The Goldman Sachs Group, Inc. ↑ Pfizer Inc. AT&T Inc. The Home Depot, Inc. The Procter & Gamble Company The Boeing Company Intel Corporation The Travelers Companies, Inc. Caterpillar Inc. International Business Machines Corporation UnitedHealth Group Inc. Chevron Corporation Johnson & Johnson United Technologies Corporation Cisco Systems, Inc. JPMorgan Chase & Co. Verizon Communications Inc. The Coca-Cola Company McDonald's Corporation Visa Inc. ↑ E.I. du Pont de Nemours & Company Merck & Co., Inc. Wal-Mart Stores, Inc. Exxon Mobil Corporation Microsoft Corporation The Walt Disney Company Dropped from Average Alcoa Inc. ↓ Bank of America Corporation ↓ Hewlett-Packard Company ↓

The above changes "were prompted by the low stock price of the three companies slated for removal and the Index Committee's desire to diversify the sector and industry group representation of the index."

September 24, 2012