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DNOW DNOW Debt-to-equity

Debt-to-equity at other companies

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NOVA, Inc.NOV
0.3×0.0×
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Core & MainCNM
1.2×-0.3×
Weatherford International logo
Weatherford InternationalWFRD
-0.4×
NGL Energy Partners logo
NGL Energy PartnersNGL
25.6×+5.9×
Schlumberger
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Schlumberger SLB
0.4×-0.2×
ITT logo
ITTITT
0.7×+0.4×

Other financials

Income statement

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Revenue$1.2B+97.5%
Gross profit$193.0M+39.9%
Operating income-$50.0M-272%
Net income-$44.0M-310%
EPS (diluted)-$0.24-226%

Balance sheet

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Cash & equivalents$116.0M-47.0%
Total debt$737.0M+1,698%
Total equity$2.1B+87.7%
Total assets$3.9B+138%

Cash flow

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Operating cash flow-$95.0M-494%
CapEx$8.0M+33.3%
Free cash flow-$103.0M-368%

Valuation

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Market cap$2.45B+22.9%
Enterprise value$3.07B+74.6%
P/S0.7×-0.1×

Profitability

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Gross margin15.6%-6.8pp
Operating margin-5.1%-9.6pp
Net margin-4.6%-7.8pp
FCF margin1.6%-6.2pp

Returns & leverage

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Return on equity-9.5%-16.5pp
Current ratio2.4×+0.1×

Where this comes from

Calculated from DNOW’s reported figures.

Based on the most recent quarter.

The official record: DNOW’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DNOW's debt-to-equity?
DNOW (DNOW) reported debt-to-equity of 0.3× in Q1 2026.
How has DNOW's debt-to-equity changed year-over-year?
DNOW's debt-to-equity increased by 857.5% year-over-year, from 0× to 0.3×.
What is the long-term trend for DNOW's debt-to-equity?
Over 5 years (2020 to 2025), DNOW's debt-to-equity has grown at a 29.4% compound annual growth rate (CAGR), from 0.1× to 0.3×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.