Historical components of the Dow Jones Industrial Average
The Dow Jones Industrial Average's components have changed 55 times since its inception, on May 26, 1896. 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.
April 6, 2020
United Technologies merged with Raytheon Company and new corporation entered index as Raytheon Technologies.April 2, 2019
DowDuPont spun off DuPont and was replaced by Dow Chemical Company.June 26, 2018
General Electric was replaced by Walgreens Boot Alliance.February 1, 2018
Wal-Mart Stores, Inc. was renamed Walmart Inc.September 1, 2017
DuPont merged with the Dow Chemical Company under the name DowDuPont.March 19, 2015
AT&T was replaced by Apple.September 23, 2013
Alcoa, Bank of America, and Hewlett-Packard were replaced by Goldman Sachs, Nike, and Visa.September 24, 2012
Kraft Foods Inc. was replaced by UnitedHealth.June 8, 2009
Citigroup and General Motors were replaced by Cisco Systems and Travelers.September 22, 2008
American International was replaced by Kraft Foods Inc.February 19, 2008
Altria Group and Honeywell were replaced by Bank of America and Chevron.November 21, 2005
| 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. † | 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.
April 8, 2004
AT&T, Eastman Kodak, and International Paper were replaced by American International, Pfizer, and Verizon.January 27, 2003
| 3M Company † | Eastman Kodak Company | Johnson & Johnson |
| Alcoa Inc. | Exxon Mobil Corporation † | JPMorgan Chase & Co. † |
| Altria Group, Incorporated † | 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 † | 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.
November 1, 1999
Chevron, Goodyear, Sears Roebuck, and Union Carbide were replaced by Home Depot, Intel, Microsoft, and SBC Communications. Travelers and Citicorp merge under the name Citigroup.March 17, 1997
Bethlehem Steel, Texaco, Westinghouse, and Venator were replaced by Hewlett-Packard, Johnson & Johnson, Travelers Group, and Wal-Mart Stores.May 6, 1991
American Can, Navistar, and USX were replaced by Caterpillar, J.P. Morgan, and Walt Disney. American Telephone and Telegraph Company changed its name to AT&T Corporation.March 12, 1987
Inco and Owens-Illinois were replaced by Boeing and Coca-Cola. International Harvester changed its name to Navistar International Corporation and U.S. Steel changed its name to USX Corporation.October 30, 1985
American Tobacco and General Foods were replaced by McDonald's and Philip Morris. 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.August 30, 1982
Johns-Manville was replaced by American Express.June 29, 1979
Chrysler and Esmark were replaced by IBM and Merck.August 9, 1976
Anaconda Copper was replaced by Minnesota Mining & Manufacturing. International Nickel changed its name to Inco, Swift & Company changed its name to Esmark, Standard Oil changed its name to Exxon Corporation, United Aircraft changed its name to United Technologies Corporation.June 1, 1959
American Smelting, Corn Products, National Distillers, and National Steel were replaced by Aluminum Company of America, Anaconda Copper, Owens-Illinois, and Swift. Texas Company changed its name to Texaco Incorporated. Allied Chemical and Dye Corporation shortened its name to Allied Chemical Corporation.July 3, 1956
Loew's was replaced by International Paper.March 4, 1939
IBM and Nash Motors were replaced by AT&T and United Aircraft.November 20, 1935
Borden and Coca-Cola were replaced by DuPont and National Steel.August 13, 1934
United Aircraft was replaced by National Distillers.August 15, 1933
Drug Inc. and International Shoe were replaced by Corn Products Refining and United Aircraft.May 26, 1932
Hudson Motor, Liggett & Myers, Mack Truck, NCR, Paramount Publix, Radio Corp, Texas Gulf Sulphur and United Air Transportreplaced by
American Tobacco, Coca-Cola, Drug Inc., International Shoe, IBM, Loew's, Nash Motors, and Procter & Gamble.
July 18, 1930
American Sugar, American Tobacco, Atlantic Refining, Curtiss-Wright, General Railway Signal, Goodrich, and Nash Motorsreplaced by
Borden, Eastman Kodak, Goodyear, Hudson Motor, Liggett & Myers, Standard Oil of California, and United Air Transport.
January 29, 1930
North American was replaced by Johns-Manville.September 14, 1929
| 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 | 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 † | 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.
January 8, 1929
Victor Talking Machine was replaced by NCR.October 1, 1928
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, 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.
March 16, 1927
Remington was replaced by United Drug.December 31, 1925
Kennecott was replaced by Remington.Mack Trucks was replaced by Mack Trucks.
December 7, 1925
U.S. Realty and Westinghouse Electric were replaced by Allied Chemical and Paramount.August 31, 1925
Anaconda Copper, Baldwin Locomotive, DuPont, Standard Oil of California, and Studebaker were replaced by General Motors, International Harvester, Kennecott, Texas Co., and U.S. Realty.May 12, 1924
Republic Iron was replaced by Woolworth.February 6, 1924
Utah Copper was replaced by Standard Oil, California.January 22, 1924
Central Leather, Corn Products, Goodrich, and Texas Co. were replaced by American Tobacco, DuPont, Mack Trucks, and Sears Roebuck.March 1, 1920
American Beet Sugar was replaced by Corn Products.October 4, 1916
The index was expanded to twenty companies.General Motors, National Lead, Peoples Gas and U.S. Steel 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.
July 29, 1915
Amalgamated Copper reorganized under the name Anaconda Copper.March 16, 1915
U.S. Rubber was replaced by General Motors.May 12, 1912
Colorado Fuel was replaced by Central Leather.November 7, 1907
Tennessee Coal was replaced by General Electric.April 1, 1905
U.S. Leather was replaced by U.S. Rubber.July 1, 1901
Continental Tobacco and International Paperreplaced by
American Car and Colorado Fuel
April 1, 1901
American Cotton Oil, American Steel & Wire, Federal Steel, General Electric, and Pacific Mail Steamshipreplaced by
Amalgamated Copper, American Smelting, International Paper, U.S. Steel, and U.S. Steel.
April 21, 1899
American Spirits, American Tobacco, Laclede Gas, and Standard Ropereplaced by
American Steel & Wire, Continental Tobacco, Federal Steel, and General Electric.
September 1898
General Electric was replaced by U.S. RubberMarch 24, 1898
| 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 |
Peoples Gas absorbs Chicago Gas.
December 23, 1896
U.S. Cordage was replaced by Standard Rope.November 10, 1896
U.S. Rubber was replaced by Pacific Mail Steamship.August 26, 1896
North American was replaced by U.S. Cordage. Distilling & Cattle Feeding changed its name to American Spirits Manufacturing.May 26, 1896
The First Dow Jones Industrial Average| The American Cotton Oil Company ↑ | Distilling & Cattle Feeding Co. ↑ | North American Company ↑ |
| The American Sugar Refining Company ↑ | General Electric Company ↑ | Tennessee Coal, Iron and Railroad Company ↑ |
| American Tobacco Company ↑ | The Laclede Gas Company ↑ | The United States Leather Company ↑ |
| Chicago Gas Light and Coke Company ↑ | National Lead Company ↑ | United States Rubber Company ↑ |
Only American Sugar carried over from the precursors.
Precursors to the DJIA
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, the Dow Jones Transportation Average consisted of eleven transportation-related companies: nine railroads and two non-rail companies.April 9, 1894
January 2, 1886
February 16, 1885
| Central Pacific Railroad | Delaware, Lackawanna & Western Railroad | Northern Pacific Railway |
| 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 | - |
July 3, 1884
| 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 | The Western Union Telegraph Company |
| Louisville & Nashville Railroad Company | Pacific Mail Steamship Company | - |