What does deferred tax mean?

Total change in deferred tax assets and liabilities, representing the net deferred tax impact across all jurisdictions.

DNOW DNOW Deferred Tax

US And Non US$0—

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%

Cash & equivalents$116.0M-47.0%

Total debt$737.0M+1,698%

Total equity$2.1B+87.7%

Total assets$3.9B+138%

Operating cash flow-$95.0M-494%

CapEx$8.0M+33.3%

Free cash flow-$103.0M-368%

Market cap$2.45B+22.9%

Enterprise value$3.07B+74.6%

P/S0.7×-0.1×

Gross margin15.6%-6.8pp

Operating margin-5.1%-9.6pp

Net margin-4.6%-7.8pp

FCF margin1.6%-6.2pp

Return on equity-9.5%-16.5pp

Debt / equity0.3×+0.3×

Current ratio2.4×+0.1×

What does deferred tax mean?: Total change in deferred tax assets and liabilities, representing the net deferred tax impact across all jurisdictions.