DNOW Inc.

DNOW Industrials Industrial Distribution

DNOW Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 18.8% from fiscal 2024.

Revenue
+110.9%
EPS
−39.1%
Free cash flow
+171.8%

Quarter to September 2026, against a year earlier

13.69 1.68 −10.93%
Market cap
$2.5B
P/E
0.0×
Fwd P/E
−112×
Dividend yield
—
F-score
3/9
Altman Z
1.30
Beneish M
−1.60
Dividend safety
n/a

DNOW Inc. (DNOW) Operating margin

Alert me on Operating margin

DNOW Inc.'s operating margin over the twelve months to 30 September 2026 was 0.00%, up 3.3 percentage points from fiscal 2025 (−3.30%). Over the past ten years it has ranged from −25.9% (fiscal 2020) to 6.20% (fiscal 2023); the current reading is higher than 36% of that period. That is below the Industrial Distribution industry median of 7.44% and below the Industrials sector median of 5.21%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −3.30% (7.89)
FY2024 4.59% (1.61)
FY2023 6.20% 0.07
FY2022 6.13% 5.58
FY2021 0.55% 26.49
FY2020 −25.9% (23.13)
FY2019 −2.81% (5.14)
FY2018 2.33% 3.88
FY2017 −1.55% 8.99
FY2016 −10.5% 6.40

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 0.00% (0.08)
Jun 2026 0.08% 4.31
Mar 2026 −4.23% 13.71
Dec 2025 −17.9% (23.15)
43 more quarters

Against its own ten years

Low −25.9% High 6.20%
Ten-year median −1.55%
Current reading's percentile 36

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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