profit from every $100 of sales.
$0$100
Dnow
$13.92-2.32% today
+7.4% in 1 year
1-year low $11.121-year high $16.87
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Dnow sold, what it kept, and what it did with the cash.
Sales went from $2.14 billion in 2022 to $2.82 billion in 2025, with -$89.0 million of profit last year.
SalesProfit
Dnow handed back 28% of the cash it generated last year.
Buybacks $37M
Free cash flow 2025$134M
Bought back its own shares$37M
Paid as dividends–
Cash vs. debt$164M vs. $585M
Dnow vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Dnow | No profit yet | ||
 SLB | 22.3× · Fair price | ||
 Baker Hughes | 18.7× · Fair price | ||
 Tenaris | 15.9× · Fair price | ||
 Halliburton | 21.1× · Fair price |
AI analysis
An AI analyst reads Dnow's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,136 | 2,321 | 2,373 | 2,820 | |
| 506 | 539 | 531 | 478 | |
| 141 | 144 | 115 | -81 | |
| 160 | 170 | 149 | -29 | |
| 128 | 250 | 78 | -89 | |
| 1.13 | 2.24 | 0.74 | -0.76 | |
| 23.7% | 23.2% | 22.4% | 17.0% | |
| 6.6% | 6.2% | 4.8% | -2.9% | |
| 6.0% | 10.8% | 3.3% | -3.2% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,320 | 1,529 | 1,621 | 3,924 |
| Cash | 212 | 299 | 256 | 164 |
| Total debt | 38 | 41 | 42 | 585 |
| Total liabilities | 476 | 466 | 493 | 1,686 |
| 842 | 1,060 | 1,124 | 2,233 | |
| 111 | 108 | 107 | 118 | |
| 12.7% | 10.3% | 7.8% | -2.3% | |
| 15.2% | 23.6% | 6.9% | -4.0% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 188 | 298 | 155 | |
| 9 | 17 | 9 | 21 | |
| -9 | 171 | 289 | 134 | |
| Dividends paid | – | – | – | – |
| 7 | 50 | 23 | 37 | |
| 11 | 15 | 13 | 29 |
Valuation
- –
- 22.0×
- –
- 1.1×
- 0.9×
- 18.7×
- –
- 5.3%
- -3.5%
- 0.0%
Profitability
- 17.0%
- -2.9%
- -3.2%
- -0.4%
- -2.1%
- 8.3%
- -8.4%
- -3.6%
- -2.5%
- –
Growth
- +9.7%
- –
- −53.6%
- –
- +1.7%
Financial health
- –
- 0.32
- 17.5%
- –
- 2.42
- 1.14
- 0.87
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 7%of 467
Bottom 5%of 466
Top 29%of 461
Top 49%of 460
What analysts expect
- Average price target
- $17.00
- Range
- $16.00 – $19.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | 0.01 | 0.05 | −80.0% |
| Feb 20, 2026 | 0.15 | 0.15 | +0.0% |
| Nov 5, 2025 | 0.26 | 0.24 | +8.3% |
| Aug 6, 2025 | 0.27 | 0.22 | +22.7% |
| May 7, 2025 | 0.22 | 0.19 | +15.8% |
| Feb 13, 2025 | 0.25 | 0.14 | +78.6% |
| Nov 7, 2024 | 0.21 | 0.19 | +10.5% |
| Aug 7, 2024 | 0.25 | 0.24 | +4.2% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
22No pass
Benjamin Graham
58No pass
Philip Fisher
23No pass
Peter Lynch
44No pass
Joel Greenblatt
0No pass
Charlie Munger
22No pass
Terry Smith
21No pass
Questions about Dnow
Is Dnow a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Dnow AI analysis
What does Dnow do?
Dnow Inc. distributes downstream energy and industrial products for petroleum refining, chemical processing, LNG terminals, power generation utilities, and industrial manufacturing operations in the United States, Canada, and internationally. It is in Oil & Gas Equipment & Services, based in Houston, TX, United States, with 5,200 employees.
Does Dnow pay a dividend?
No. Dnow does not pay a dividend at the moment; in 2025 it returned $37.0 million to shareholders by buying back its own shares.
Is Dnow stock halal?
Yes. Dnow passes our halal screen: its business is permitted and its debt is 23% of its market value, under the 30% limit. How we check
How has Dnow stock done over the past year?
Up 7.4% over the past twelve months, to $13.92. It traded between $11.12 and $16.87 and is 17.5% below its high.
Who are Dnow's competitors?
The largest listed companies in the same industry are SLB, Baker Hughes, Tenaris and Halliburton. The peers table on this page compares their profit, growth and price with Dnow's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.