14 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $2.8B | -$89 | 17.0% | -3.3% | -0.0% | -0.0% | $134M | $411M | $164M |
| 2024 | $2.4B | $78 | 22.4% | 4.6% | 0.0% | 0.0% | $289M | $0 | $256M |
| 2023 | $2.3B | $250 | 23.2% | 6.2% | 0.0% | 0.0% | $171M | — | $299M |
| 2022 | $2.1B | $128 | 23.7% | 6.1% | 0.0% | 0.0% | -$9M | — | $212M |
| 2021 | $1.6B | $5 | 21.9% | 0.6% | 0.0% | 0.0% | $25M | — | $313M |
| 2020 | $1.6B | -$427M | 18.0% | -25.9% | -61.1% | -42.4% | $181M | — | $387M |
| 2019 | $3.0B | -$97M | 19.9% | -2.8% | -8.5% | -6.1% | $212M | — | $183M |
| 2018 | $3.1B | $52M | 20.1% | 2.3% | 4.3% | 2.9% | $62M | $132M | $116M |
| 2017 | $2.6B | -$52M | 18.9% | -1.5% | -4.4% | -3.0% | -$119M | $197M | $98M |
| 2016 | $2.1B | -$234M | 16.4% | -10.5% | -19.8% | -14.6% | $231M | $109M | $106M |
| 2015 | — | -$502M | — | — | -35.8% | -27.4% | — | $191M | $90M |
| 2014 | — | $116M | — | — | 5.9% | 4.5% | — | $0 | $195M |
| 2013 | — | $147M | — | — | 8.2% | 6.7% | — | — | $101M |
| 2012 | — | $108M | — | — | — | 4.6% | — | — | $138M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $1.3B | -$21M | 18.6% | 0.1% | -1.0% | -0.6% | $124M | $474M | $114M |
| Mar '26 | $1.2B | -$44M | 16.3% | -4.2% | -2.1% | -1.1% | -$103M | $571M | $116M |
| Dec '25 | $959M | -$161M | 5.2% | -19.6% | -7.2% | -4.1% | $76M | $411M | $164M |
| Sep '25 | $634M | $25M | 22.9% | 5.2% | 2.1% | 1.5% | $39M | — | $266M |
| Jun '25 | $628M | $14M | 20.5% | 2.7% | 1.2% | 0.8% | $41M | — | $232M |
| Mar '25 | $599M | $21M | 23.0% | 4.8% | 1.8% | 1.3% | -$22M | — | $219M |
| Dec '24 | $571M | $20M | 22.6% | 4.4% | 1.8% | 1.2% | $119M | $0 | $256M |
| Sep '24 | $606M | $13M | 22.3% | 3.8% | 1.2% | 0.8% | $72M | — | $261M |
| Jun '24 | $633M | $24M | 21.8% | 5.2% | 2.2% | 1.5% | $18M | — | $197M |
| Mar '24 | $563M | $21M | 22.9% | 5.0% | 2.0% | 1.3% | $80M | — | $188M |
| Dec '23 | $555M | $147M | 23.4% | 5.8% | 13.9% | 9.6% | $103M | — | $299M |
| Sep '23 | $588M | $35M | 22.8% | 6.3% | 3.9% | 2.5% | $0 | — | $194M |
| Jun '23 | $594M | $34M | 22.6% | 6.1% | 3.9% | 2.4% | $79M | — | $203M |
| Mar '23 | $584M | $31M | 23.5% | 6.0% | 3.7% | 2.3% | -$11M | — | $168M |
| Dec '22 | $547M | $32M | 24.1% | 6.4% | 3.8% | 2.4% | $4M | — | $212M |
| Sep '22 | $577M | $40M | 24.1% | 7.6% | 5.0% | 3.1% | $44M | — | $267M |
| Jun '22 | $539M | $26M | 23.7% | 5.4% | 3.3% | 2.2% | -$35M | — | $232M |
| Mar '22 | $473M | $30M | 22.6% | 4.9% | 4.0% | 2.6% | -$22M | — | $293M |
| Dec '21 | $432M | $12M | 23.4% | 1.6% | 1.7% | 1.1% | $1M | — | $313M |
| Sep '21 | $439M | $5M | 21.9% | 2.3% | 0.7% | 0.5% | $22M | — | $312M |
How the market has priced DNOW against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Dnow Inc.'s revenue has grown 11.7% per year. These are computed facts, not advice.
As of FY2025, Dnow Inc. reported $411M of total debt against $164M of cash.
In FY2025, gross margin was 17.0%, operating margin -3.3%, and net margin -0.0%.
As of Sep '26, Dnow Inc. traded at a price-to-earnings ratio of about 32332861.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.