DNOW
Dnow Inc.
DNOW lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
DNOW Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Weak | |
| Healthy | |
| Strong |
DNOW's revenue, cash flow and balance sheet are currently healthy, but its profitability is weak.
DNOW PE Valuation
DNOW has no meaningful PE right now: it lost money over the past year.
DNOW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for DNOW, with profitability improving. However, they disagree widely on these estimates.
DNOW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.67 | — |
| Q3 2026 | -$1.63 | -285% |
| Q2 2026 | -$1.54 | -300% |
| Q1 2026 | -$1.20 | -260% |
| Q4 2025 | -$0.76 | -203% |
| Q3 2025 | $0.88 | -52% |
| Q2 2025 | $0.77 | -62% |
| Q1 2025 | $0.75 | -65% |
| Q4 2024 | $0.74 | -67% |
DNOW has swung to a loss: it lost $1.63 per share over the past year, after a profit the year before.
DNOW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.3B | +111% |
| Q2 2026 | $1.3B | +108% |
| Q1 2026 | $1.2B | +97% |
| Q4 2025 | $959M | +68% |
| Q3 2025 | $634M | +4.6% |
| Q2 2025 | $628M | -0.8% |
| Q1 2025 | $599M | +6.4% |
| Q4 2024 | $571M | +2.9% |
DNOW's revenue has grown year over year for five quarters in a row: $1.3B last quarter, up 111% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.5% | -2.7 points |
| Q2 2026 | 0.1% | -5 points |
| Q1 2026 | -4.2% | -9.2 points |
| Q4 2025 | -20% | -25 points |
| Q3 2025 | 5.2% | +1.4 points |
| Q2 2025 | 5.1% | -0.1 points |
| Q1 2025 | 5% | 0 points |
| Q4 2024 | 5.1% | -0.7 points |
DNOW's operating margin was 2.5% last quarter, down 2.7 points from the same quarter a year ago.
DNOW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $106M | +172% |
| Q2 2026 | $124M | +202% |
| Q1 2026 | -$103M | -$81M |
| Q4 2025 | $76M | -36% |
| Q3 2025 | $39M | -46% |
| Q2 2025 | $41M | +128% |
| Q1 2025 | -$22M | -127% |
| Q4 2024 | $119M | +16% |
DNOW generated $203M in free cash flow over the past year, up 15% from the year before.
DNOW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -477K shares |
| 1 year | +72% | +76M shares |
| 3 years | +68% | +73.9M shares |
| 5 years | +65% | +71.6M shares |
| Available history | +67% | +73.2M shares |
DNOW has 182M diluted shares, up 72% from a year ago, despite $102M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $17M |
| Q2 2026 | $25M |
| Q1 2026 | $50M |
| Q4 2025 | $10M |
| Q3 2025 | — |
| Q2 2025 | $19M |
| Q1 2025 | $8M |
| Q4 2024 | $5M |
DNOW spent $102M buying back its own shares over the past year, about three times what it spent the year before.
DNOW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | -1.6x | Net Cash |
| Q2 2025 | -1.5x | Net Cash |
| Q1 2025 | -1.4x | Net Cash |
| Q4 2024 | -1.7x | Net Cash |
| Q3 2024 | -1.8x | Net Cash |
| Q2 2024 | -1.2x | Net Cash |
| Q1 2024 | -1.2x | Net Cash |
| Q4 2023 | -1.8x | Net Cash |
DNOW has more cash than debt.
DNOW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.7 | Neutral |
| Stochastic | 35.6 | Neutral |
DNOW's weekly RSI is 45 (neutral) and its Stochastic is 36 (neutral).
DNOW PE vs Energy Sector
| Metric | DNOW | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
DNOW has no meaningful PE right now: it lost money over the past year.
DNOW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $15.3 | 8.8% below |
| 20 week MA | $15.1 | 7.9% below |
| 50 week MA | $14.1 | 0.9% below |
| 100 week MA | $14.5 | 3.8% below |
| 200 week MA | $13.3 | 4.5% above |
DNOW has fallen below most of its moving averages, though it's still 4.5% above its 200-week average.
DNOW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.3 | $6.85 | -39% |
| 2021 | $6.85 | $8.56 | +25% |
| 2022 | $8.56 | $12.9 | +50% |
| 2023 | $12.9 | $11.3 | -12% |
| 2024 | $11.3 | $12.9 | +14% |
| 2025 | $12.9 | $13.8 | +6.5% |
| 2026 YTD | $13.8 | $13.9 | +1.2% |
DNOW has finished higher in four of the last six years. It's up 1.2% so far in 2026.