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DNOW DNOW US — Goodwill Acquired

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Other financials

Income statement

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Revenue$1.3B+108%
Gross profit$243.0M+88.4%
Operating income$1.0M-94.1%
Net income-$21.0M-250%
EPS (diluted)-$0.11-185%

Balance sheet

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Cash & equivalents$114.0M-50.9%
Total debt$631.0M+1,439%
Total equity$2.1B+81.1%
Total assets$3.8B+130%

Cash flow

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Operating cash flow$133.0M+196%
CapEx$9.0M+125%
Free cash flow$124.0M+202%

Valuation

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Market cap$2.81B+86.0%
Enterprise value$3.33B+152%
P/S0.7×+0.1×

Profitability

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Gross margin15.5%-6.6pp
Operating margin-5%-8.9pp
Net margin-4.9%-7.8pp
FCF margin3.3%-5.4pp

Returns & leverage

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Return on equity-12.4%-18.4pp
Debt / equity0.3×+0.3×
Current ratio2.1×-0.2×

Where this comes from

Reported directly by DNOW in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.

The source filing: DNOW’s 10-K, filed February 26, 2026.

Filed
Feb 25, 2026, 9:26 PM EST
Fiscal year
FY2025
Accession
0001193125-26-072828
Line itemUnited StatesCanadaInternationalTotal
Balance at December 31, 2023(1)$139$139
Additions9191
Balance at December 31, 2024$230$230
Additions29097387
Balance at December 31, 2025$520$97$617

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

FAQ

What is DNOW's US — goodwill acquired?
DNOW (DNOW) reported US — goodwill acquired of $72.5M in Q4 2025.
How has DNOW's US — goodwill acquired changed year-over-year?
DNOW's US — goodwill acquired increased by 218.7% year-over-year, from $22.75M to $72.5M.
What is the long-term trend for DNOW's US — goodwill acquired?
Over 4 years (2021 to 2025), DNOW's US — goodwill acquired has grown at a 44.2% compound annual growth rate (CAGR), from $67M to $290M.
What does US — goodwill acquired mean?
Represents the total value of goodwill recognized during the reporting period resulting from business acquisitions within the US segment. This metric reflects the premium paid over the fair value of net identifiable assets, signaling the company's investment in inorganic growth and market expansion.

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