The Dow Jones Industrial Average , an American stock index composed of 30 large companies, has changed its components 59 times since its inception, on May 26, 1896.[ 1] 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.
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.[ 2]
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. ↑(formerly salesforce.com, 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 ↓
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.
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.
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.(formerly Wal-Mart Stores, Inc.)
Exxon Mobil Corporation
Nike, Inc.
The Walt Disney Company
Dropped from Average
General Electric Company ↓
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. † (formerly E.I. du Pont de Nemours & Company)
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.
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 Corporation
Microsoft Corporation
The Walt Disney Company
Dropped from Average
AT&T Inc. ↓
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 ↓
3M Company
E.I. du Pont de Nemours & Company
Merck & Co., Inc.
Alcoa Inc.
Exxon Mobil Corporation
Microsoft Corporation
American Express Company
General Electric Company
Pfizer Inc.
AT&T Inc.
Hewlett-Packard Company
The Procter & Gamble Company
Bank of America Corporation
The Home Depot, Inc.
The Travelers Companies, Inc.
The Boeing Company
Intel Corporation
UnitedHealth Group Incorporated ↑
Caterpillar Inc.
International Business Machines Corporation
United Technologies Corporation
Chevron Corporation
Johnson & Johnson
Verizon Communications Inc.
Cisco Systems, Inc.
JPMorgan Chase & Co.
Wal-Mart Stores, Inc.
The Coca-Cola Company
McDonald's Corporation
The Walt Disney Company
Dropped from Average
Kraft Foods Inc . ↓
3M Company
E.I. du Pont de Nemours & Company
McDonald's Corporation
Alcoa Inc.
Exxon Mobil Corporation
Merck & Co., Inc.
American Express Company
General Electric Company
Microsoft Corporation
AT&T Inc.
Hewlett-Packard Company
Pfizer Inc.
Bank of America Corporation
The Home Depot, Inc.
The Procter & Gamble Company
The Boeing Company
Intel Corporation
The Travelers Companies, Inc. ↑
Caterpillar Inc.
International Business Machines Corporation
United Technologies Corporation
Chevron Corporation
Johnson & Johnson
Verizon Communications Inc.
Cisco Systems, Inc. ↑
JPMorgan Chase & Co.
Wal-Mart Stores, Inc.
The Coca-Cola Company
Kraft Foods Inc.
The Walt Disney Company
Dropped from Average
Citigroup Inc. ↓
General Motors Corporation ↓
3M Company
E.I. du Pont de Nemours & Company
Kraft Foods Inc . ↑
Alcoa Inc.
Exxon Mobil Corporation
McDonald's Corporation
American Express Company
General Electric Company
Merck & Co., Inc.
AT&T Inc.
General Motors Corporation
Microsoft Corporation
Bank of America Corporation
Hewlett-Packard Company
Pfizer Inc.
The Boeing Company
The Home Depot, Inc.
The Procter & Gamble Company
Caterpillar Inc.
Intel Corporation
United Technologies Corporation
Chevron Corporation
International Business Machines Corporation
Verizon Communications Inc.
Citigroup Inc.
Johnson & Johnson
Wal-Mart Stores, Inc.
The Coca-Cola Company
JPMorgan Chase & Co.
The Walt Disney Company
Dropped from Average
American International Group, Inc. ↓
3M Company
The Coca-Cola Company
JPMorgan Chase & Co.
Alcoa Inc.
E.I. du Pont de Nemours & Company
McDonald's Corporation
American Express Company
Exxon Mobil Corporation
Merck & Co., Inc.
American International Group, Inc.
General Electric Company
Microsoft Corporation
AT&T Inc.
General Motors Corporation
Pfizer Inc.
Bank of America Corporation ↑
Hewlett-Packard Company
The Procter & Gamble Company
The Boeing Company
The Home Depot, Inc.
United Technologies Corporation
Caterpillar Inc.
Intel Corporation
Verizon Communications Inc.
Chevron Corporation ↑
International Business Machines Corporation
Wal-Mart Stores, Inc.
Citigroup Inc.
Johnson & Johnson
The Walt Disney Company
Dropped from Average
Altria Group, Inc. ↓
Honeywell International Inc. ↓
3M Company
E.I. du Pont de Nemours & Company
JPMorgan Chase & Co.
Alcoa Inc.
Exxon Mobil Corporation
McDonald's Corporation
Altria Group Incorporated
General Electric Company
Merck & Co., Inc.
American Express Company
General Motors Corporation
Microsoft Corporation
American International Group, Inc.
Hewlett-Packard Company
Pfizer Inc.
AT&T Inc. † (formerly SBC Communications Inc.)
The Home Depot, Inc.
The Procter & Gamble Company
The Boeing Company
Honeywell International Inc.
United Technologies Corporation
Caterpillar Inc.
Intel Corporation
Verizon Communications Inc.
Citigroup Inc.
International Business Machines Corporation
Wal-Mart Stores, Inc.
The Coca-Cola Company
Johnson & Johnson
The Walt Disney Company
SBC Communications Inc. was renamed AT&T Inc. after it acquired the original AT&T .
3M Company
Exxon Mobil Corporation
McDonald's Corporation
Alcoa Inc.
General Electric Company
Merck & Co., Inc.
Altria Group Incorporated
General Motors Corporation
Microsoft Corporation
American Express Company
Hewlett-Packard Company
Pfizer Inc. ↑
American International Group, Inc. ↑
The Home Depot, Inc.
The Procter & Gamble Company
The Boeing Company
Honeywell International
SBC Communications Inc.
Caterpillar Inc.
Intel Corporation
United Technologies Corporation
Citigroup Inc.
International Business Machines Corporation
Verizon Communications Inc. ↑
The Coca-Cola Company
Johnson & Johnson
Wal-Mart Stores, Inc.
E.I. du Pont de Nemours & Company
JPMorgan Chase & Co.
The Walt Disney Company
Dropped from Average
AT&T Corporation ↓
Eastman Kodak Company ↓
International Paper Company ↓
3M Company † (formerly Minnesota Mining & Manufacturing Company)
Eastman Kodak Company
Johnson & Johnson
Alcoa Inc.
Exxon Mobil Corporation † (formerly Exxon Corporation)
JPMorgan Chase & Co. † (formerly J.P. Morgan & Co.)
Altria Group, Incorporated † (formerly Philip Morris Companies Inc.)
General Electric Company
McDonald's Corporation
American Express Company
General Motors Corporation
Merck & Co., Inc.
AT&T Corporation
Hewlett-Packard Company
Microsoft Corporation
The Boeing Company
The Home Depot, Inc.
The Procter & Gamble Company
Caterpillar Inc.
Honeywell International † (formerly AlliedSignal Incorporated )
SBC Communications Inc.
Citigroup Inc.
Intel Corporation
United Technologies Corporation
The Coca-Cola Company
International Business Machines Corporation
Wal-Mart Stores, Inc.
E.I. du Pont de Nemours & Company
International Paper Company
The Walt Disney Company
Only name changes occurred. AlliedSignal Incorporated merged with and changed its name to Honeywell International. Exxon Corporation changed its name to Exxon Mobil Corporation upon merging with Mobil , J.P. Morgan & Company changed its name to JPMorgan Chase & Co., Minnesota Mining & Manufacturing changed its name to 3M Company, and Philip Morris Companies Inc. changed its name to Altria Group, Incorporated.
Travelers and Citicorp merge under the name Citigroup.
AlliedSignal Incorporated
Exxon Corporation
Merck & Co., Inc.
Aluminum Company of America
General Electric Company
Minnesota Mining & Manufacturing Company
American Express Company
General Motors Corporation
Philip Morris Companies Inc.
AT&T Corporation
Goodyear Tire and Rubber Company
The Procter & Gamble Company
The Boeing Company
Hewlett-Packard Company ↑
Sears Roebuck & Company
Caterpillar Inc.
International Business Machines Corporation
Travelers Inc. ↑
Chevron Corporation
International Paper Company
Union Carbide Corporation
The Coca-Cola Company
Johnson & Johnson ↑
United Technologies Corporation
E.I. du Pont de Nemours & Company
J.P. Morgan & Company
Wal-Mart Stores, Inc. ↑
Eastman Kodak Company
McDonald's Corporation
The Walt Disney Company
Dropped from Average
Bethlehem Steel Corporation ↓
Westinghouse Electric Corporation ↓
Venator ↓
Texaco Incorporated ↓
Bethlehem Steel, Texaco, Westinghouse, and Venator (then known as Woolworth; name changed to Foot Locker in 2001) were replaced by Hewlett-Packard, Johnson & Johnson, Travelers Group, and Wal-Mart Stores.
Allied-Signal Incorporated
Eastman Kodak Company
Minnesota Mining & Manufacturing Company
Aluminum Company of America
Exxon Corporation
Philip Morris Companies Inc.
American Express Company
General Electric Company
The Procter & Gamble Company
AT&T Corporation † (formerly American Telephone and Telegraph Company)
General Motors Corporation
Sears Roebuck & Company
Bethlehem Steel Corporation
Goodyear Tire and Rubber Company
Texaco Incorporated
The Boeing Company
International Business Machines Corporation
Union Carbide Corporation
Caterpillar Inc. ↑
International Paper Company
United Technologies Corporation
Chevron Corporation
J.P. Morgan & Company ↑
The Walt Disney Company ↑
The Coca-Cola Company
McDonald's Corporation
Westinghouse Electric Corporation
E.I. du Pont de Nemours & Company
Merck & Co., Inc.
F. W. Woolworth Company
Dropped from Average
American Can Company ↓
Navistar International Corporation ↓
USX Corporation ↓
American Telephone and Telegraph Company changed its name to AT&T Corporation.
Allied-Signal Incorporated
Eastman Kodak Company
Navistar International Corporation † (formerly International Harvester Company)
Aluminum Company of America
Exxon Corporation
Philip Morris Companies Inc.
American Can Company
General Electric Company
The Procter & Gamble Company
American Express Company
General Motors Corporation
Sears Roebuck & Company
American Telephone and Telegraph Company
Goodyear Tire and Rubber Company
Texaco Incorporated
Bethlehem Steel Corporation
International Business Machines Corporation
Union Carbide Corporation
The Boeing Company ↑
International Paper Company
United Technologies Corporation
Chevron Corporation
McDonald's Corporation
USX Corporation † (formerly United States Steel Corporation )
The Coca-Cola Company ↑
Merck & Co., Inc.
Westinghouse Electric Corporation
E.I. du Pont de Nemours & Company
Minnesota Mining & Manufacturing Company
F. W. Woolworth Company
Dropped from Average
Inco Limited ↓
Owens-Illinois, Inc. ↓
International Harvester changed its name to Navistar International Corporation and U.S. Steel changed its name to USX Corporation.
Allied-Signal Incorporated † (formerly Allied Chemical Corporation)
General Electric Company
Owens-Illinois, Inc.
Aluminum Company of America
General Motors Corporation
Philip Morris Companies Inc. ↑
American Can Company
Goodyear Tire and Rubber Company
The Procter & Gamble Company
American Express Company
Inco Limited
Sears Roebuck & Company
American Telephone and Telegraph Company
International Business Machines Corporation
Texaco Incorporated
Bethlehem Steel Corporation
International Harvester Company
Union Carbide Corporation
Chevron Corporation † (formerly Standard Oil Co. of California )
International Paper Company
United States Steel Corporation
E.I. du Pont de Nemours & Company
McDonald's Corporation ↑
United Technologies Corporation
Eastman Kodak Company
Merck & Co., Inc.
Westinghouse Electric Corporation
Exxon Corporation
Minnesota Mining & Manufacturing Company
F. W. Woolworth Company
Dropped from Average
American Tobacco Company (B shares [ 3] ) ↓
General Foods Corporation ↓
After merging with Signal Corp., Allied Chemical changed its name to Allied-Signal Incorporated and Standard Oil of California changed its name to Chevron Corporation.
Allied Chemical Corporation
General Electric Company
Owens-Illinois, Inc.
Aluminum Company of America
General Foods Corporation
The Procter & Gamble Company
American Can Company
General Motors Corporation
Sears Roebuck & Company
American Express Company ↑
Goodyear Tire and Rubber Company
Standard Oil Co. of California
American Telephone and Telegraph Company
Inco Limited
Texaco Incorporated
American Tobacco Company (B shares)
International Business Machines Corporation
Union Carbide Corporation
Bethlehem Steel Corporation
International Harvester Company
United States Steel Corporation
E.I. du Pont de Nemours & Company
International Paper Company
United Technologies Corporation
Eastman Kodak Company
Merck & Co., Inc.
Westinghouse Electric Corporation
Exxon Corporation
Minnesota Mining & Manufacturing Company
F. W. Woolworth Company
Dropped from Average
Johns-Manville Corporation ↓
Allied Chemical Corporation
General Foods Corporation
Owens-Illinois, Inc.
Aluminum Company of America
General Motors Corporation
The Procter & Gamble Company
American Can Company
Goodyear Tire and Rubber Company
Sears Roebuck & Company
American Telephone and Telegraph Company
Inco Limited
Standard Oil Co. of California
American Tobacco Company (B shares)
International Business Machines Corporation ↑
Texaco Incorporated
Bethlehem Steel Corporation
International Harvester Company
Union Carbide Corporation
E.I. du Pont de Nemours & Company
International Paper Company
United States Steel Corporation
Eastman Kodak Company
Johns-Manville Corporation
United Technologies Corporation
Exxon Corporation
Merck & Co., Inc. ↑
Westinghouse Electric Corporation
General Electric Company
Minnesota Mining & Manufacturing Company
F. W. Woolworth Company
Dropped from Average
Chrysler Corporation ↓
Esmark Corporation ↓
Allied Chemical Corporation
Exxon Corporation † (formerly Standard Oil Co. of New Jersey)
Owens-Illinois, Inc.
Aluminum Company of America
General Electric Company
The Procter & Gamble Company
American Can Company
General Foods Corporation
Sears Roebuck & Company
American Telephone and Telegraph Company
General Motors Corporation
Standard Oil Co. of California
American Tobacco Company (B shares)
Goodyear Tire and Rubber Company
Texaco Incorporated
Bethlehem Steel Corporation
Inco Limited † (formerly International Nickel Company, Ltd. )
Union Carbide Corporation
Chrysler Corporation
International Harvester Company
United States Steel Corporation
E.I. du Pont de Nemours & Company
International Paper Company
United Technologies Corporation † (formerly United Aircraft Corporation )
Eastman Kodak Company
Johns-Manville Corporation
Westinghouse Electric Corporation
Esmark Corporation † (formerly Swift & Company)
Minnesota Mining & Manufacturing Company ↑
F. W. Woolworth Company
Dropped from Average
Anaconda Copper Mining Company ↓
International Nickel changed its name to Inco, Swift & Company changed its name to Esmark, Standard Oil (NJ) changed its name to Exxon Corporation, United Aircraft changed its name to United Technologies Corporation.
Texas Company changed its name to Texaco Incorporated. Allied Chemical and Dye Corporation shortened its name to Allied Chemical Corporation.
Allied Chemical and Dye Corporation
General Electric Company
The Procter & Gamble Company
American Can Company
General Foods Corporation
Sears Roebuck & Company
American Smelting & Refining Company
General Motors Corporation
Standard Oil Co. of California
American Telephone and Telegraph Company
Goodyear Tire and Rubber Company
Standard Oil Co. of New Jersey
American Tobacco Company (B shares)
International Harvester Company
The Texas Company
Bethlehem Steel Corporation
International Nickel Company, Ltd.
Union Carbide Corporation
Chrysler Corporation
International Paper Company ↑
United Aircraft Corporation
Corn Products Refining Company
Johns-Manville Corporation
United States Steel Corporation
E.I. du Pont de Nemours & Company
National Distillers Products Corporation
Westinghouse Electric Corporation
Eastman Kodak Company
National Steel Corporation
F. W. Woolworth Company
Dropped from Average
Loew's Theatres Incorporated ↓
Allied Chemical and Dye Corporation
General Electric Company
The Procter & Gamble Company
American Can Company
General Foods Corporation
Sears Roebuck & Company
American Smelting & Refining Company
General Motors Corporation
Standard Oil Co. of California
American Telephone and Telegraph Company ↑
Goodyear Tire and Rubber Company
Standard Oil Co. of New Jersey
American Tobacco Company (B shares)
International Harvester Company
The Texas Company
Bethlehem Steel Corporation
International Nickel Company, Ltd.
Union Carbide Corporation
Chrysler Corporation
Johns-Manville Corporation
United Aircraft Corporation ↑
Corn Products Refining Company
Loew's Theatres Incorporated
United States Steel Corporation
E.I. du Pont de Nemours & Company
National Distillers Products Corporation
Westinghouse Electric Corporation
Eastman Kodak Company
National Steel Corporation
F. W. Woolworth Company
Dropped from Average
International Business Machines Corporation ↓
Nash Motors Company ↓
Allied Chemical and Dye Corporation
General Foods Corporation
National Steel Corporation ↑
American Can Company
General Motors Corporation
The Procter & Gamble Company
American Smelting & Refining Company
Goodyear Tire and Rubber Company
Sears Roebuck & Company
American Tobacco Company (B shares)
International Business Machines Corporation
Standard Oil Co. of California
Bethlehem Steel Corporation
International Harvester Company
Standard Oil Co. of New Jersey
Chrysler Corporation
International Nickel Company, Ltd.
The Texas Company
Corn Products Refining Company
Johns-Manville Corporation
Union Carbide Corporation
E.I. du Pont de Nemours & Company ↑
Loew's Theatres Incorporated
United States Steel Corporation
Eastman Kodak Company
Nash Motors Company
Westinghouse Electric Corporation
General Electric Company
National Distillers Products Corporation
F. W. Woolworth Company
Dropped from Average
Borden, Inc. ↓
The Coca-Cola Company ↓
Allied Chemical and Dye Corporation
General Electric Company
National Distillers Products Corporation [ 4] ↑
American Can Company
General Foods Corporation
The Procter & Gamble Company
American Smelting & Refining Company
General Motors Corporation
Sears Roebuck & Company
American Tobacco Company (B shares)
Goodyear Tire and Rubber Company
Standard Oil Co. of California
Bethlehem Steel Corporation
International Business Machines Corporation
Standard Oil Co. of New Jersey
Borden, Inc.
International Harvester Company
The Texas Company
Chrysler Corporation
International Nickel Company, Ltd.
Union Carbide Corporation
The Coca-Cola Company
Johns-Manville Corporation
United States Steel Corporation
Corn Products Refining Company
Loew's Theatres Incorporated
Westinghouse Electric Corporation
Eastman Kodak Company
Nash Motors Company
F. W. Woolworth Company
Dropped from Average
United Aircraft and Transport Corporation ↓
Allied Chemical and Dye Corporation
General Electric Company
The Procter & Gamble Company
American Can Company
General Foods Corporation
Sears Roebuck & Company
American Smelting & Refining Company
General Motors Corporation
Standard Oil Co. of California
American Tobacco Company (B shares)
Goodyear Tire and Rubber Company
Standard Oil Co. of New Jersey
Bethlehem Steel Corporation
International Business Machines Corporation
The Texas Company
Borden, Inc.
International Harvester Company
Union Carbide Corporation
Chrysler Corporation
International Nickel Company, Ltd.
United Aircraft and Transport Corporation ↑
The Coca-Cola Company
Johns-Manville Corporation
United States Steel Corporation
Corn Products Refining Company ↑
Loew's Theatres Incorporated
Westinghouse Electric Corporation
Eastman Kodak Company
Nash Motors Company
F. W. Woolworth Company
Dropped from Average
Drug Incorporated ↓
International Shoe Company ↓
Allied Chemical and Dye Corporation
General Foods Corporation
Paramount Publix Corporation
American Can Company
General Motors Corporation
Radio Corporation of America
American Smelting & Refining Company
General Railway Signal Company
Sears Roebuck & Company
The American Sugar Refining Company
B.F. Goodrich Corporation
Standard Oil Co. of New Jersey
American Tobacco Company (B shares)
International Harvester Company
The Texas Company
Atlantic Refining Company
International Nickel Company, Ltd.
Texas Gulf Sulphur Company
Bethlehem Steel Corporation
Johns-Manville Corporation ↑
Union Carbide Corporation
Chrysler Corporation
Mack Trucks, Inc.
United States Steel Corporation
Curtiss-Wright Corporation
Nash Motors Company
Westinghouse Electric Corporation
General Electric Company
National Cash Register Company
F. W. Woolworth Company
Dropped from Average
North American Company ↓
Allied Chemical and Dye Corporation
General Foods Corporation † (formerly Postum Incorporated )
Paramount Publix Corporation
American Can Company
General Motors Corporation
Radio Corporation of America
American Smelting & Refining Company
General Railway Signal Company
Sears Roebuck & Company
The American Sugar Refining Company
B.F. Goodrich Corporation
Standard Oil Co. of New Jersey
American Tobacco Company (B shares)
International Harvester Company
The Texas Company
Atlantic Refining Company
International Nickel Company, Ltd.
Texas Gulf Sulphur Company
Bethlehem Steel Corporation
Mack Trucks, Inc.
Union Carbide Corporation
Chrysler Corporation
Nash Motors Company
United States Steel Corporation
Curtiss-Wright Corporation † (formerly Wright Aeronautical )
National Cash Register Company
Westinghouse Electric Corporation
General Electric Company
North American Company
F. W. Woolworth Company
Wright Aeronautical merged with the Curtiss Aeroplane and Motor Company to become Curtiss-Wright. Postum Inc. changed its name to General Foods.
Allied Chemical and Dye Corporation
General Railway Signal Company
Radio Corporation of America
American Can Company
B.F. Goodrich Corporation
Sears Roebuck & Company
American Smelting & Refining Company
International Harvester Company
Standard Oil Co. of New Jersey
The American Sugar Refining Company
International Nickel Company, Ltd.
The Texas Company
American Tobacco Company (B shares)
Mack Trucks, Inc.
Texas Gulf Sulphur Company
Atlantic Refining Company
Nash Motors Company
Union Carbide Corporation
Bethlehem Steel Corporation
National Cash Register Company ↑
United States Steel Corporation
Chrysler Corporation
North American Company
Westinghouse Electric Corporation
General Electric Company
Paramount Publix Corporation
F. W. Woolworth Company
General Motors Corporation
Postum Incorporated
Wright Aeronautical
Dropped from Average
Victor Talking Machine Company ↓
The index was expanded to thirty companies.
American Car and Foundry, American Locomotive, AT&T, United Drug, U.S. Rubber, and Western Union were replaced.
Atlantic Refining, Bethlehem Steel, Chrysler, General Railway Signal, Goodrich, International Nickel, Nash Motors, North American, Postum Incorporated, Radio Corporation of America, Standard Oil (NJ), Texas Gulf Sulphur, Union Carbide, Victor Talking Machine, Westinghouse Electric, and Wright Aeronautical were added.
Paramount Famous Lasky Corporation changed its name to Paramount Publix.
Allied Chemical and Dye Corporation
American Tobacco Company (B shares)
The Texas Company
American Can Company
General Electric Company
United Drug Stores ↑
American Car and Foundry Company
General Motors Corporation
United States Rubber Company
American Locomotive Company
International Harvester Company
United States Steel Corporation
American Smelting & Refining Company
Mack Trucks, Inc.
Western Union Company
The American Sugar Refining Company
Paramount Famous Lasky Corporation
F. W. Woolworth Company
American Telephone and Telegraph Company
Sears Roebuck & Company
Dropped from Average
Remington Typewriter Company ↓
Allied Chemical and Dye Corporation
American Tobacco Company (B shares)
Sears Roebuck & Company
American Can Company
General Electric Company
The Texas Company
American Car and Foundry Company
General Motors Corporation
United States Rubber Company
American Locomotive Company
International Harvester Company
United States Steel Corporation
American Smelting & Refining Company
Mack Trucks, Inc. (ex-stock dividend)
Western Union Company
The American Sugar Refining Company
Paramount Famous Lasky Corporation
F. W. Woolworth Company
American Telephone and Telegraph Company
Remington Typewriter Company ↑
Dropped from Average
Kennecott Mines Company ↓
Mack Trucks (stock dividend) ↓
American Can Company
Anaconda Copper Mining Company
Studebaker Corporation
American Car and Foundry Company
The Baldwin Locomotive Works
United States Rubber Company
American Locomotive Company
E.I. du Pont de Nemours & Company
United States Steel Corporation
American Smelting & Refining Company
General Electric Company
Western Union Company
The American Sugar Refining Company
Mack Trucks, Inc.
Westinghouse Electric
American Telephone and Telegraph Company
Sears Roebuck & Company
F. W. Woolworth Company ↑
American Tobacco Company (B shares)
Standard Oil Co. (California)
Dropped from Average
Republic Iron and Steel Company ↓
American Can Company
Anaconda Copper Mining Company
Standard Oil Co. (California) [ 5] ↑
American Car and Foundry Company
The Baldwin Locomotive Works
Studebaker Corporation
American Locomotive Company
E.I. du Pont de Nemours & Company
United States Rubber Company
American Smelting & Refining Company
General Electric Company
United States Steel Corporation
The American Sugar Refining Company
Mack Trucks, Inc.
Western Union Company
American Telephone and Telegraph Company
Republic Iron and Steel Company
Westinghouse Electric Corporation
American Tobacco Company (B shares)
Sears Roebuck & Company
Dropped from Average
Utah Copper Company ↓
American Can Company
The Baldwin Locomotive Works
The Texas Company
American Car and Foundry Company
Central Leather Company
United States Rubber Company
American Locomotive Company
Corn Products Refining Company ↑
United States Steel Corporation
American Smelting & Refining Company
General Electric Company
Utah Copper Company
The American Sugar Refining Company
B.F. Goodrich Corporation
Western Union Company
American Telephone and Telegraph Company
Republic Iron and Steel Company
Westinghouse Electric Corporation
Anaconda Copper Mining Company
Studebaker Corporation
Dropped from Average
The American Beet Sugar ↓
The index was expanded to twenty companies.
General Motors, National Lead, Peoples Gas and U.S. Steel (Preferred) were removed.
American Beet Sugar, American Can, American Locomotive, AT&T, Baldwin Locomotive, Goodrich, Republic Iron, Studebaker, Texas Company, Utah Copper, Western Union, Westinghouse Electric were added.
American Car and Foundry Company
Central Leather Company
The Peoples Gas Light and Coke Company
American Smelting & Refining Company
General Electric Company
United States Rubber Company
The American Sugar Refining Company
General Motors Corporation
United States Steel Corporation
Anaconda Copper Mining Company (formerly Amalgamated Copper Mining Company)
National Lead Company
United States Steel Corporation (Preferred)
Dropped from Average
Amalgamated Copper Mining Company
Amalgamated Copper reorganized under the name Anaconda Copper .
Amalgamated Copper Mining Company
Central Leather Company
The Peoples Gas Light and Coke Company
American Car and Foundry Company
General Electric Company
United States Rubber Company
American Smelting & Refining Company
General Motors Corporation ↑
United States Steel Corporation
The American Sugar Refining Company
National Lead Company
United States Steel Corporation (Preferred)
Dropped from Average
United States Rubber Company (First Preferred) ↓
Amalgamated Copper Mining Company
Central Leather Company ↑
United States Rubber Company
American Car and Foundry Company
General Electric Company
United States Rubber Company (First Preferred)
American Smelting & Refining Company
National Lead Company
United States Steel Corporation
The American Sugar Refining Company
The Peoples Gas Light and Coke Company
United States Steel Corporation (Preferred)
Dropped from Average
Colorado Fuel and Iron Company ↓
Amalgamated Copper Mining Company
Colorado Fuel and Iron Company
United States Rubber Company
American Car and Foundry Company
General Electric Company ↑
United States Rubber Company (First Preferred)
American Smelting & Refining Company
National Lead Company
United States Steel Corporation
The American Sugar Refining Company
The Peoples Gas Light and Coke Company
United States Steel Corporation (Preferred)
Dropped from Average
Tennessee Coal, Iron and Railroad Company ↓
Amalgamated Copper Mining Company
Colorado Fuel and Iron Company
United States Rubber Company
American Car and Foundry Company
National Lead Company
United States Rubber Company (First Preferred) ↑
American Smelting & Refining Company
The Peoples Gas Light and Coke Company
United States Steel Corporation
The American Sugar Refining Company
Tennessee Coal, Iron and Railroad Company
United States Steel Corporation (Preferred)
Dropped from Average
The United States Leather Company (Preferred) ↓
The American Cotton Oil Company
The Laclede Gas Company
Standard Rope & Twine Co.
American Spirits Manufacturing Co.
National Lead Company
Tennessee Coal, Iron and Railroad Company
The American Sugar Refining Company
Pacific Mail Steamship Company
The United States Leather Company (Preferred)
American Tobacco Company
The Peoples Gas Light and Coke Company
United States Rubber Company ↑
Dropped from Average
General Electric Company ↓
The American Cotton Oil Company
General Electric Company
Peoples Gas
American Spirits Manufacturing Co.
The Laclede Gas Company
Standard Rope & Twine Co.
The American Sugar Refining Company
National Lead Company
Tennessee Coal, Iron and Railroad Company
American Tobacco Company
Pacific Mail Steamship Company
The United States Leather Company (Preferred)
Peoples Gas absorbs Chicago Gas.[ 7]
The American Cotton Oil Company
Chicago Gas Light and Coke Company
Pacific Mail Steamship Company
American Spirits Manufacturing Co.
General Electric Company
Standard Rope & Twine Co. ↑
The American Sugar Refining Company
The Laclede Gas Company
Tennessee Coal, Iron and Railroad Company
American Tobacco Company
National Lead Company
The United States Leather Company (Preferred)
Dropped from Average
United States Cordage Company (Preferred) ↓
The American Cotton Oil Company
Chicago Gas Light and Coke Company
Pacific Mail Steamship Company ↑
American Spirits Manufacturing Co.
General Electric Company
Tennessee Coal, Iron and Railroad Company
The American Sugar Refining Company
The Laclede Gas Company
United States Cordage Company (Preferred)
American Tobacco Company
National Lead Company
The United States Leather Company (Preferred)
Dropped from Average
United States Rubber Company ↓
The American Cotton Oil Company
Chicago Gas Light and Coke Company
Tennessee Coal, Iron and Railroad Company
American Spirits Manufacturing Co. † (formerly Distilling & Cattle Feeding Co.)
General Electric Company
United States Cordage Company (Preferred) ↑
The American Sugar Refining Company
The Laclede Gas Company
The United States Leather Company (Preferred)
American Tobacco Company
National Lead Company
United States Rubber Company
Dropped from Average
North American Company ↓
Distilling & Cattle Feeding changed its name to American Spirits Manufacturing.
The First Dow Jones Industrial Average [ 8]
Only American Sugar carried over from the precursors.
Precursors to the DJIA [ edit ]
Prior to the May 26, 1896, inception of the Dow Jones Industrial Average, Charles Dow's stock average consisted of the Dow Jones Transportation Average . The average was created on July 3, 1884 by Charles Dow , co-founder of Dow Jones & Company, as part of the Customer's Afternoon Letter . From its inception (until May 26, 1896), the Dow Jones Transportation Average consisted of eleven transportation -related companies: nine railroads and two non-rail companies (Western Union and Pacific Mail).
Chicago, Milwaukee & St. Paul Railroad
Lake Shore Railway
Northern Pacific (Preferred)
Chicago & North Western Railway
Louisville & Nashville Railroad
Pacific Mail Steamship Company
Delaware & Hudson Canal
Missouri Pacific Railroad
Union Pacific Railroad
Delaware, Lackawanna & Western Railroad
New York Central Railroad
The Western Union Telegraph Company
Dropped from Average
Central Pacific Railroad
Central Railroad of New Jersey
Central Pacific Railroad
Delaware, Lackawanna & Western Railroad
Northern Pacific Railway (Preferred)
Central Railroad of New Jersey
Lake Shore Railway
Pacific Mail Steamship Company
Chicago, Milwaukee & St. Paul Railroad
Louisville & Nashville Railroad
Union Pacific Railroad
Chicago & North Western Railway
Missouri Pacific Railroad
The Western Union Telegraph Company
Delaware & Hudson Canal
New York Central Railroad
Sources:[ 9] [ 10]
Chicago & North Western Railway Company
Missouri Pacific Railroad Company
Chicago, Milwaukee & St. Paul Rail Road Company
Delaware, Lackawanna & Western Railroad Company
New York Central Railroad Company
Union Pacific Railroad Company
Lake Shore Railway Company
Northern Pacific Railway Company (Preferred)
The Western Union Telegraph Company
Louisville & Nashville Railroad Company
Pacific Mail Steamship Company
Dow Jones Industrial Average Historical Components through 2015
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