DNOW Inc. (DNOW)
DNOW Inc. distributes pipe, valves, fittings, and pumps in the United States, Canada, and internationally. The company offers flanges, gaskets, fasteners, electrical, instrumentation, artificial lift, and pumping systems, process and production equipment, production measurement technology, maintenance, repair and operating consumables (MRO), and general and specialty products; personal protective equipment; and mill, tools, safety supplies, as well as vapor recovery systems under EcoVapo brand. It also offers original equipment manufacturer equipment, including pumps, generator sets, air compressors, dryers, blowers, mixers, and valves; modular oil and gas wellsite facility solutions; and application systems, work processes, parts integration, optimization solutions, and after-sales support services. In addition, the company provides supply chain and materials management; inventory planning; integrated supply; integrated supply; product quality programs; manufacturer assessments; multiple daily deliveries; volume purchasing; truck stocking; technical support; training; just-in-time delivery; and on-site commissioning; after-market field repair and rental mobile pumping units; inventory and zone store management; order consolidation; product tagging and system interfaces tailored; supplier specifications; engineering of control packages; valve inspection and repair; product expediting, tracking and tracing; documentation services; and pressure testing services. It serves customers in the upstream, midstream, and Gas Utilities sectors, as well as downstream and industrial including crude oil refining, petrochemical and chemical processing, general industrials, pharmaceutical, mining, water/wastewater treatment, data centers, liquefied natural gas, and terminals and renewable natural gas facilities. The company was formerly known as NOW Inc. and changed its name to DNOW Inc. in January 2024. DNOW Inc. was founded in 1862 and is headquartered in Houston, Texas.
- Symbol
- DNOW
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Industrial Distribution
- Market cap
- $2.84B
- 52 week range
- 10.94 - 17.26
Valuation
- Share price
- $15.71 (close of 2026-09-23)
- P/E (TTM)
- -10.99x
- Price to book
- 1.35x
- Price to free cash flow
- 20.90x
- Enterprise value
- $3.36B
- Book value per share
- $11.60
Price performance
| Period | Change |
|---|
| 1 day | +0.90% |
| 5 days | -2.42% |
| 1 month | +0.19% |
| 3 months | +17.15% |
| 6 months | +33.70% |
| Year to date | +18.57% |
| 1 year | +1.55% |
| 3 years | +37.09% |
| 5 years | +110.59% |
| 10 years | -21.29% |
| All time | -48.32% |
Profitability and growth
- Return on equity
- -3.98%
- Return on invested capital
- -3.05%
- Return on assets
- -2.27%
- Return on capital employed
- -3.15%
- Gross margin
- 16.95%
- Net margin
- -3.16%
- EBITDA margin
- -1.45%
- Revenue growth
- 18.84%
- Net income growth
- -214.10%
- Free cash flow growth
- -53.63%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 4.79%
- Current ratio
- 2.14x
- Net debt to EBITDA
- -4.66x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $2.82B
- Cost of revenue
- $2.34B
- Gross profit
- $478.00M
- EBITDA
- $-41.00M
- Net income
- $-89.00M
- Earnings per share
- $-0.76
- Shares outstanding
- 117.88M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $2.82B | $478.00M | $-89.00M | $-0.76 |
| 2024-12-31 | $2.37B | $531.00M | $78.00M | $0.72 |
| 2023-12-31 | $2.32B | $539.00M | $250.00M | $2.29 |
| 2022-12-31 | $2.14B | $506.00M | $128.00M | $1.14 |
| 2021-12-31 | $1.63B | $357.00M | $5.00M | $0.05 |
| 2020-12-31 | $1.62B | $292.00M | $-427.00M | $-3.91 |
| 2019-12-31 | $2.95B | $586.00M | $-97.00M | $-0.89 |
| 2018-12-31 | $3.13B | $630.00M | $52.00M | $0.47 |
| 2017-12-31 | $2.65B | $501.00M | $-52.00M | $-0.48 |
| 2016-12-31 | $2.11B | $345.00M | $-234.00M | $-2.18 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 16.95% | -3.16% | -3.98% | -3.05% |
| 2024-12-31 | 22.38% | 3.29% | 6.91% | 8.53% |
| 2023-12-31 | 23.22% | 10.77% | 23.45% | 17.82% |
| 2022-12-31 | 23.69% | 5.99% | 15.17% | 18.06% |
| 2021-12-31 | 21.88% | 0.31% | 0.70% | 1.03% |
| 2020-12-31 | 18.04% | -26.37% | -61.09% | -114.25% |
| 2019-12-31 | 19.86% | -3.29% | -8.48% | -8.03% |
| 2018-12-31 | 20.15% | 1.66% | 4.28% | 5.45% |
| 2017-12-31 | 18.92% | -1.96% | -4.39% | -3.19% |
| 2016-12-31 | 16.37% | -11.11% | -19.78% | -18.72% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $164.00M | $411.00M |
| 2024-12-31 | $256.00M | - |
| 2023-12-31 | $299.00M | - |
| 2022-12-31 | $212.00M | - |
| 2021-12-31 | $313.00M | - |
| 2020-12-31 | $387.00M | - |
| 2019-12-31 | $183.00M | - |
| 2018-12-31 | $116.00M | $132.00M |
| 2017-12-31 | $98.00M | $162.00M |
| 2016-12-31 | $106.00M | $65.00M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $134.00M | $29.00M |
| 2024-12-31 | $289.00M | $13.00M |
| 2023-12-31 | $171.00M | $15.00M |
| 2022-12-31 | $-9.00M | $11.00M |
| 2021-12-31 | $25.00M | $8.00M |
| 2020-12-31 | $181.00M | $6.00M |
| 2019-12-31 | $212.00M | $13.00M |
| 2018-12-31 | $62.00M | $16.00M |
| 2017-12-31 | $-119.00M | $20.00M |
| 2016-12-31 | $231.00M | $23.00M |
Investor relations
Next earnings report
- Next confirmed report
- 2026-11-04
- Consensus EPS estimate
- $0.15
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-06 | Jun/2026 | $0.08 |
| 2026-05-07 | - | - |
| 2026-02-20 | - | - |
| 2026-02-12 | - | - |
| 2025-11-05 | - | - |
| 2025-08-06 | - | - |
| 2025-05-08 | - | - |
| 2025-05-07 | - | - |
Filings and sources
- Company website
- dnow.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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