Dnow Inc. logo

Dnow Inc.

DNOW

NYSEIndustrialsIndustrial - Distribution

Regular session

$15.635

−$0.045 · -0.29%

Aug 24, 10:10 AM ET

DNOW company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

47

Fair Value

Momentum

35

Weakening

Sentiment

69

Bullish

Risk resilience

64

Moderate Risk

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Company profile

Company website

Dnow Inc. operates as a key supplier of industrial and downstream energy products for various sectors, including petroleum refining, chemical processing, liquefied natural gas (LNG) terminals, power generation utilities, and diverse industrial manufacturing operations. Its market presence spans the United States, Canada, and international territories. The firm markets its extensive product range under its proprietary brand names, DistributionNOW and DNOW. It furnishes a broad array of critical components and supplies, encompassing consumable maintenance, repair, and operational (MRO) items. This includes an extensive inventory of pipes, valves, fittings, flanges, gaskets, fasteners, electrical components, instrumentation, artificial lift systems, pumping solutions, valve actuation and modular process equipment, and measurement and control apparatus. Furthermore, Dnow provides mill supplies, various tools, and comprehensive safety and personal protective equipment (PPE), alongside specialized applied products like protective coatings and diverse expendable goods. Beyond these items, the company also deals in original equipment manufacturer (OEM) machinery, such as pumps, generator sets, air and gas compressors, dryers, blowers, mixers, and valves. Dnow delivers integrated modular oil and gas tank battery solutions, comprehensive application systems, streamlined work processes, efficient parts integration, optimization strategies, and robust after-sales support. Moreover, Dnow extends its expertise to supply chain and materials management, offering services like procurement, inventory planning and control, and warehouse administration. Its solutions further address logistics, point-of-issue technological implementation, project coordination, business process enhancement, and detailed performance metrics reporting. Operating from a vast network of approximately 180 sites, Dnow caters to clients across the entire energy value chain—upstream, midstream, and downstream. Its diverse clientele comprises drilling and well-servicing contractors, independent and national oil and gas enterprises, midstream infrastructure operators, and facilities such as refineries, petrochemical and chemical plants, and utilities. The company also supports a wide range of other downstream energy processors, alongside various industrial and manufacturing entities. Established in 1862, NOW Inc. (Dnow Inc.) maintains its corporate headquarters in Houston, Texas.

Industry
Industrial - Distribution
Sector
Industrials
Headquarters
US
CEO
David A. Cherechinsky
Listed since
May 20, 2014
Employees
5,100

Market position

Day range

Current $15.635

52-week range

Current $15.635

Open
$15.58
Previous close
$15.68
Volume
76.47K
0.03× average
Average volume
3.03M
Average daily volume
Market cap
2.85B USD
Beta
0.86
Market reference 1
50-day average
$14.19
+10.18% above average
200-day average
$13.5426
+15.45% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.98B USD
P/E (TTM)
-14.61×
P/B (TTM)
1.36×
P/S (TTM)
0.7×
EV / EBITDA
-41.34×
Earnings yield
-5.69%
Free cash flow yield
8.57%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
15.90%
Operating margin
-2.79%
Net margin
-4.58%
Return on equity
-3.98%
Return on assets
-2.27%
Return on invested capital
-0.50%

Financial health

Debt / equity
0.3×
Current ratio
2.34×
Altman Z-score
1.91
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends26%16%5%-6%Gross margin, FY2021: 21.88%Gross margin, FY2022: 23.69%Gross margin, FY2023: 23.05%Gross margin, FY2024: 22.55%Gross margin, FY2025: 16.95%Operating margin, FY2021: 0.55%Operating margin, FY2022: 6.13%Operating margin, FY2023: 6.03%Operating margin, FY2024: 4.76%Operating margin, FY2025: -0.60%Net margin, FY2021: 0.31%Net margin, FY2022: 5.99%Net margin, FY2023: 10.64%Net margin, FY2024: 3.41%Net margin, FY2025: -3.16%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 21.88%. Gross margin FY2022 23.69%. Gross margin FY2023 23.05%. Gross margin FY2024 22.55%. Gross margin FY2025 16.95%. Operating margin FY2021 0.55%. Operating margin FY2022 6.13%. Operating margin FY2023 6.03%. Operating margin FY2024 4.76%. Operating margin FY2025 -0.60%. Net margin FY2021 0.31%. Net margin FY2022 5.99%. Net margin FY2023 10.64%. Net margin FY2024 3.41%. Net margin FY2025 -3.16%.

Income trends

Revenue

2.82B USD+18.84%

Operating income

−17M USD−130M USD

Net income

−89M USD−170M USD
Income trends across reported periods3.11B USD1.95B USD783.7M USD−379.9M USDRevenue, FY2021: 1.63B USDRevenue, FY2022: 2.14B USDRevenue, FY2023: 2.32B USDRevenue, FY2024: 2.37B USDRevenue, FY2025: 2.82B USDOperating income, FY2021: 9M USDOperating income, FY2022: 131M USDOperating income, FY2023: 140M USDOperating income, FY2024: 113M USDOperating income, FY2025: −17M USDNet income, FY2021: 5M USDNet income, FY2022: 128M USDNet income, FY2023: 247M USDNet income, FY2024: 81M USDNet income, FY2025: −89M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.63B USD. Revenue FY2022 2.14B USD. Revenue FY2023 2.32B USD. Revenue FY2024 2.37B USD. Revenue FY2025 2.82B USD. Operating income FY2021 9M USD. Operating income FY2022 131M USD. Operating income FY2023 140M USD. Operating income FY2024 113M USD. Operating income FY2025 −17M USD. Net income FY2021 5M USD. Net income FY2022 128M USD. Net income FY2023 247M USD. Net income FY2024 81M USD. Net income FY2025 −89M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.82B USD2.37B USD2.32B USD2.14B USD1.63B USD
Cost of goods sold2.34B USD1.84B USD1.79B USD1.63B USD1.28B USD
Gross profit478M USD535M USD535M USD506M USD357M USD
Selling, general, and administrative495M USD416M USD395M USD365M USD341M USD
Operating expenses495M USD422M USD395M USD375M USD348M USD
Depreciation and amortization52M USD34M USD26M USD19M USD23M USD
Operating income−17M USD113M USD140M USD131M USD9M USD
Net income−89M USD81M USD247M USD128M USD5M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 2 misses, 1 met estimate
Average EPS surprise
+11.43%
11 comparable reports
Latest EPS result
0.12
Estimate 0.09 · Beat by 27.66%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.310.210.110.01Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MetQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 0.25, estimate 0.14, surprise +78.57%, Beat. Q2 2025, reported May 7, 2025: actual 0.22, estimate 0.19, surprise +15.79%, Beat. Q3 2025, reported Aug 6, 2025: actual 0.27, estimate 0.22, surprise +22.73%, Beat. Q4 2025, reported Nov 5, 2025: actual 0.26, estimate 0.24, surprise +8.33%, Beat. Q1 2026, reported Feb 20, 2026: actual 0.15, estimate 0.15, surprise 0.00%, Met estimate. Q2 2026, reported May 7, 2026: actual 0.01, estimate 0.05, surprise -80.00%, Miss. Q3 2026, reported Aug 6, 2026: actual 0.12, estimate 0.094, surprise +27.66%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.15, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.41B1.11B809.08M508.89MQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 571M USD, estimate 572M USD, surprise -0.17%, Miss. Q2 2025, reported May 7, 2025: actual 599M USD, estimate 608M USD, surprise -1.48%, Miss. Q3 2025, reported Aug 6, 2025: actual 628M USD, estimate 625.5M USD, surprise +0.40%, Beat. Q4 2025, reported Nov 5, 2025: actual 634M USD, estimate 969.5M USD, surprise -34.61%, Miss. Q1 2026, reported Feb 20, 2026: actual 959M USD, estimate 969.5M USD, surprise -1.08%, Miss. Q2 2026, reported May 7, 2026: actual 1.18B USD, estimate 1.08B USD, surprise +9.99%, Beat. Q3 2026, reported Aug 6, 2026: actual 1.31B USD, estimate 1.27B USD, surprise +3.26%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 1.35B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$19.00

21.52% upside
Past 12 months12-month forecastHigh $19.00Average $19.00Low $19.00

Rating distribution

17 ratings
Strong buy00%
Buy953%
Hold741%
Sell16%
Strong sell00%

Recent analyst actions

3 institutions
DA DavidsonmaintainBuy

DNOW peers

ETFs holding DNOW

Funds reporting this stock among their holdings, ordered by reported position size.

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