What are DNOW's profit margins?

DNOW (DNOW) runs a 15.6% gross margin and a -5.1% operating margin, with a -4.6% net margin.

Where do DNOW's ratios come from?

Every ratio is computed from DNOW's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

DNOW DNOW Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	15.6%-6.8pp	16.9%-5.5pp	22.9%+0.1pp	22.7%-0.2pp	22.4%-0.7pp
Operating margin	-5.1%-9.6pp	-3.3%-7.9pp	4.9%-0.2pp	4.5%-1.2pp	4.6%-1.4pp
Net margin	-4.6%-7.8pp	-3.2%-6.5pp	3.7%-5.1pp	3.3%-6.5pp	3.2%-7.2pp
EBITDA margin	-3.2%-9.3pp	-1.5%-7.5pp	6.6%+0.2pp	6.2%-0.9pp	6.1%-1.0pp
Free cash flow margin	1.6%-6.2pp	4.8%-7.4pp	7.3%-4.3pp	8.7%—	7.8%—
Returns
Return on equity	-9.5%-16.5pp	-5.4%-12.5pp	7.9%-12.7pp	7%-16.3pp	7%-18.0pp
Return on assets	-5.6%-10.4pp	-3.2%-8.2pp	5.6%-8.4pp	4.9%-10.5pp	4.8%-11.6pp
Return on invested capital	-9.3%-17.7pp	-5.2%-14.1pp	9.9%-4.6pp	8.4%-7.8pp	8.4%-8.2pp
Efficiency
Asset turnover	1.2×-0.3×	1×-0.5×	1.5×-0.1×	1.5×-0.1×	1.5×-0.1×
Inventory turnover	3.6×-1.0×	3×-2.1×	5.1×+0.4×	4.8×+0.4×	4.6×+0.4×
Liquidity
Current ratio	2.4×+0.1×	2.3×0.0×	2.5×0.0×	2.4×-0.1×	2.3×+0.1×
Quick ratio	1.1×-0.3×	1.1×-0.4×	1.7×0.0×	1.5×0.0×	1.5×+0.1×
Cash ratio	0.1×-0.4×	0.2×-0.4×	0.6×0.0×	0.5×0.0×	0.5×+0.1×
Leverage
Debt-to-equity	0.3×+0.3×	0.3×+0.2×	0×0.0×	0×0.0×	0×0.0×
Debt-to-assets	0.2×+0.2×	0.2×+0.1×	0×0.0×	0×0.0×	0×0.0×
Per Share
Book value per share	$11.51+7.9%	$18.94+80.6%	$11.19+7.5%	$10.91+7.2%	$10.67+6.5%
Valuation
Market capitalization	$2.22B+22.9%	$2.46B+78.6%	$1.6B+15.9%	$1.6B+9.5%	$1.81B+12.0%
Enterprise value	$2.84B+74.6%	$2.91B+145%	$1.37B+17.9%	$1.41B+7.7%	$1.63B+10.8%
Price / sales	0.7×-0.1×	0.9×+0.3×	0.7×+0.1×	0.7×0.0×	0.7×0.0×
Price / book	1×-0.5×	1.1×-0.1×	1.4×+0.1×	1.4×+0.1×	1.6×+0.1×
EV / sales	0.8×+0.2×	1×+0.5×	0.6×+0.1×	0.6×0.0×	0.7×0.0×
Free cash flow yield	2.4%-8.0pp	5.4%-15.5pp	11.1%-8.7pp	13.1%—	10.4%—
Earnings yield	-7%-11.3pp	-3.7%-9.3pp	5.7%-9.4pp	4.9%-10.8pp	4.3%-10.6pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about DNOW.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are DNOW's profit margins?: DNOW (DNOW) runs a 15.6% gross margin and a -5.1% operating margin, with a -4.6% net margin.
Where do DNOW's ratios come from?: Every ratio is computed from DNOW's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.