Dnow Inc. - Understand $dnow stock

$DNOW Market Cap: $1.606 Billion

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Financial Snapshot

Revenue

$2.357B

TTM

Gross Margin

22.6%

TTM

Net Earnings

$203.0M

TTM

Current Assets

$1.058B

Q3 2024

Current Liabilities

$417.0M

Q3 2024

Current Ratio

253.72%

Q3 2024

Total Assets

$1.587B

Q3 2024

Total Liabilities

$469.0M

Q3 2024

Book Value

$1.118B

Q3 2024

Cash

$261.0M

Q3 2024

P/E

7.910

Nov 29, 2024 EST

Free Cash Flow

$273.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$2.321B	$2.136B	$1.632B	$1.619B	$2.951B	$3.127B	$2.648B	$2.107B	$3.010B	$4.105B	$4.296B	$3.414B	$1.641B
YoY Change	8.66%	30.88%	0.8%	-45.14%	-5.63%	18.09%	25.68%	-30.0%	-26.67%	-4.45%	25.83%	108.04%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$2.321B	$2.136B	$1.632B	$1.619B	$2.951B	$3.127B	$2.648B	$2.107B	$3.010B	$4.105B	$4.296B	$3.414B	$1.641B
Cost Of Revenue	$1.786B	$1.630B	$1.275B	$1.327B	$2.365B	$2.497B	$2.147B	$1.762B	$2.508B	$3.286B	$3.499B	$2.803B	$1.440B
Gross Profit	$535.0M	$506.0M	$357.0M	$292.0M	$586.0M	$630.0M	$501.0M	$345.0M	$502.0M	$819.0M	$797.0M	$611.0M	$201.0M
Gross Profit Margin	23.05%	23.69%	21.88%	18.04%	19.86%	20.15%	18.92%	16.37%	16.68%	19.95%	18.55%	17.9%	12.25%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$389.0M	$361.0M	$336.0M	$385.0M	$536.0M	$557.0M	$542.0M	$567.0M	$619.0M	$213.0M	$161.0M	$128.0M	$73.00M
YoY Change	7.76%	7.44%	-12.73%	-28.17%	-3.77%	2.77%	-4.41%	-8.4%	190.61%	32.3%	25.78%	75.34%
% of Gross Profit	72.71%	71.34%	94.12%	131.85%	91.47%	88.41%	108.18%	164.35%	123.31%	26.01%	20.2%	20.95%	36.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$26.00M	$19.00M	$23.00M	$28.00M	$41.00M	$41.00M	$50.00M	$53.00M	$38.00M	$21.00M	$17.00M	$12.00M	$6.000M
YoY Change	36.84%	-17.39%	-17.86%	-31.71%	0.0%	-18.0%	-5.66%	39.47%	80.95%	23.53%	41.67%	100.0%
% of Gross Profit	4.86%	3.75%	6.44%	9.59%	7.0%	6.51%	9.98%	15.36%	7.57%	2.56%	2.13%	1.96%	2.99%
Operating Expenses	$395.0M	$365.0M	$341.0M	$391.0M	$541.0M	$557.0M	$542.0M	$567.0M	$619.0M	$638.0M	$161.0M	$128.0M	$73.00M
YoY Change	8.22%	7.04%	-12.79%	-27.73%	-2.87%	2.77%	-4.41%	-8.4%	-2.98%	296.27%	25.78%	75.34%
Operating Profit	$140.0M	$131.0M	$9.000M	-$420.0M	-$83.00M	$73.00M	-$41.00M	-$222.0M	-$117.0M	$181.0M	$224.0M	$168.0M	$128.0M
YoY Change	6.87%	1355.56%	-102.14%	406.02%	-213.7%	-278.05%	-81.53%	89.74%	-164.64%	-19.2%	33.33%	31.25%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense		$8.000M	$1.000M	-$10.00M	-$10.00M	-$15.00M	-$5.000M	-$8.000M	-$8.000M	-$3.000M	-$2.000M	-$3.000M	$0.00
YoY Change		700.0%	-110.0%	0.0%	-33.33%	200.0%	-37.5%	0.0%	166.67%	50.0%	-33.33%
% of Operating Profit		6.11%	11.11%			-20.55%				-1.66%	-0.89%	-1.79%	0.0%
Other Income/Expense, Net	-$2.000M	$8.000M	$3.000M	-$10.00M	-$10.00M		-$6.000M
YoY Change	-125.0%	166.67%	-130.0%	0.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	$138.0M	$139.0M	$12.00M	-$430.0M	-$93.00M	$58.00M	-$52.00M	-$206.0M	-$524.0M	$178.0M	$222.0M	$165.0M	$128.0M
YoY Change	-0.72%	1058.33%	-102.79%	362.37%	-260.34%	-211.54%	-74.76%	-60.69%	-394.38%	-19.82%	34.55%	28.91%
Income Tax	-$110.0M	$10.00M	$7.000M	-$3.000M	$4.000M	$6.000M	-$33.00M	$4.000M	-$16.00M	$62.00M	$75.00M	$57.00M	$43.00M
% Of Pretax Income	-79.71%	7.19%	58.33%			10.34%				34.83%	33.78%	34.55%	33.59%
Net Earnings	$247.0M	$128.0M	$5.000M	-$427.0M	-$97.00M	$52.00M	-$52.00M	-$234.0M	-$502.0M	$116.0M	$147.0M	$108.0M	$85.00M
YoY Change	92.97%	2460.0%	-101.17%	340.21%	-286.54%	-200.0%	-77.78%	-53.39%	-532.76%	-21.09%	36.11%	27.06%
Net Earnings / Revenue	10.64%	5.99%	0.31%	-26.37%	-3.29%	1.66%	-1.96%	-11.11%	-16.68%	2.83%	3.42%	3.16%	5.18%
Basic Earnings Per Share	$2.26	$1.14	$0.05	-$3.91	-$0.89	$0.47	-$0.48		-$4.68	$1.07	$1.37	$1.01
Diluted Earnings Per Share	$2.24	$1.13	$0.05	-$3.91	-$0.89	$0.47	-$0.48	-$2.179M	-$4.68	$1.06	$1.37	$1.00	$794.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$299.0M	$212.0M	$313.0M	$387.0M	$183.0M	$116.0M	$98.00M	$106.0M	$90.00M	$195.0M	$101.0M	$138.0M
YoY Change	41.04%	-32.27%	-19.12%	111.48%	57.76%	18.37%	-7.55%	17.78%	-53.85%	93.07%	-26.81%
Cash & Equivalents	$299.0M	$212.0M	$313.0M	$387.0M	$183.0M	$116.0M	$98.00M	$106.0M	$90.00M	$195.0M	$101.0M	$138.0M
Short-Term Investments
Other Short-Term Assets	$19.00M	$26.00M	$16.00M	$14.00M	$49.00M	$19.00M	$18.00M	$16.00M	$24.00M	$52.00M	$50.00M	$37.00M
YoY Change	-26.92%	62.5%	14.29%	-71.43%	157.89%	5.56%	12.5%	-33.33%	-53.85%	4.0%	35.14%
Inventory	$366.0M	$381.0M	$250.0M	$262.0M	$465.0M	$602.0M	$590.0M	$483.0M	$693.0M	$949.0M	$850.0M	$1.015B
Prepaid Expenses
Receivables	$384.0M	$398.0M	$304.0M	$198.0M	$370.0M	$482.0M	$423.0M	$354.0M	$485.0M	$851.0M	$661.0M	$692.0M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.068B	$1.017B	$883.0M	$861.0M	$1.067B	$1.219B	$1.129B	$959.0M	$1.292B	$2.047B	$1.662B	$1.882B
YoY Change	5.01%	15.18%	2.56%	-19.31%	-12.47%	7.97%	17.73%	-25.77%	-36.88%	23.16%	-11.69%
Property, Plant & Equipment	$171.0M	$155.0M	$138.0M	$139.0M	$176.0M	$106.0M	$119.0M	$143.0M	$165.0M	$124.0M	$102.0M	$61.00M
YoY Change	10.32%	12.32%	-0.72%	-21.02%	66.04%	-10.92%	-16.78%	-13.33%	33.06%	21.57%	67.21%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$123.0M	$7.000M	$7.000M	$8.000M	$13.00M	$12.00M	$7.000M	$6.000M	$9.000M	$6.000M	$18.00M	$13.00M
YoY Change	1657.14%	0.0%	-12.5%	-38.46%	8.33%	71.43%	16.67%	-33.33%	50.0%	-66.67%	38.46%
Total Long-Term Assets	$461.0M	$303.0M	$221.0M	$147.0M	$524.0M	$576.0M	$620.0M	$644.0M	$540.0M	$549.0M	$521.0M	$491.0M
YoY Change	52.15%	37.1%	50.34%	-71.95%	-9.03%	-7.1%	-3.73%	19.26%	-1.64%	5.37%	6.11%
Total Assets	$1.529B	$1.320B	$1.104B	$1.008B	$1.591B	$1.795B	$1.749B	$1.603B	$1.832B	$2.596B	$2.183B	$2.373B
YoY Change
Accounts Payable	$288.0M	$304.0M	$235.0M	$172.0M	$255.0M	$329.0M	$290.0M	$246.0M	$211.0M	$490.0M	$264.0M	$272.0M
YoY Change	-5.26%	29.36%	36.63%	-32.55%	-22.49%	13.45%	17.89%	16.59%	-56.94%	85.61%	-2.94%
Accrued Expenses	$92.00M	$93.00M	$85.00M	$76.00M	$93.00M	$81.00M	$84.00M	$73.00M	$73.00M	$125.0M	$81.00M	$72.00M
YoY Change	-1.08%	9.41%	11.84%	-18.28%	14.81%	-3.57%	15.07%	0.0%	-41.6%	54.32%	12.5%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$7.000M	$4.000M	$4.000M	$5.000M	$7.000M
YoY Change	75.0%	0.0%	-20.0%	-28.57%
Total Short-Term Liabilities	$418.0M	$439.0M	$369.0M	$272.0M	$396.0M	$441.0M	$394.0M	$347.0M	$307.0M	$620.0M	$363.0M	$391.0M
YoY Change	-4.78%	18.97%	35.66%	-31.31%	-10.2%	11.93%	13.54%	13.03%	-50.48%	70.8%	-7.16%
Long-Term Debt	$15.00M	$7.000M	$3.000M	$6.000M	$10.00M	$132.0M	$162.0M	$65.00M	$108.0M	$0.00	$0.00	$0.00
YoY Change	114.29%	133.33%	-50.0%	-40.0%	-92.42%	-18.52%	149.23%	-39.81%
Other Long-Term Liabilities	$33.00M	$29.00M	$20.00M	$31.00M	$37.00M	$2.000M	$1.000M	$1.000M	$3.000M	$0.00	$2.000M	$2.000M
YoY Change	13.79%	45.0%	-35.48%	-16.22%	1750.0%	100.0%	0.0%	-66.67%		-100.0%	0.0%
Total Long-Term Liabilities	$48.00M	$36.00M	$23.00M	$37.00M	$47.00M	$134.0M	$163.0M	$66.00M	$111.0M	$0.00	$2.000M	$2.000M
YoY Change	33.33%	56.52%	-37.84%	-21.28%	-64.93%	-17.79%	146.97%	-40.54%		-100.0%	0.0%
Total Liabilities	$469.0M	$478.0M	$392.0M	$309.0M	$447.0M	$581.0M	$564.0M	$420.0M	$429.0M	$630.0M	$381.0M	$402.0M
YoY Change	-1.88%	21.94%	26.86%	-30.87%	-23.06%	3.01%	34.29%	-2.1%	-31.9%	65.35%	-5.22%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2015	2014	2013	2012
Basic Shares Outstanding	107.4M	110.7M	110.4M	109.4M	108.8M	108.3M	107.7M	107.2M	107.1M	107.1M	107.1M shares
Diluted Shares Outstanding	108.4M	111.2M	110.5M	109.4M	108.8M	108.6M	107.7M	107.2M	107.6M	107.5M	107.5M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.6057 Billion

About DNOW Inc.

DNOW, Inc. is a holding company, which engages in the distribution of energy products for industrial applications. The company is headquartered in Houston, Texas and currently employs 2,550 full-time employees. The company went IPO on 2014-05-20. The company offers a set of supply chain solutions combined with a suite of digital solutions branded as DigitalNOW that provides technology for digital commerce, data, and information management. Its product and service offerings are consumed throughout all sectors of the energy industry, from upstream drilling and completion, exploration and production, midstream transmission, gas and crude oil processing infrastructure development to downstream petroleum refining and petrochemicals. Its global product offering includes consumable maintenance, repair and operating (MRO) supplies, pipe, manual and automated valves, fittings, flanges, gaskets, fasteners, electrical, instrumentation, artificial lift, pumping solutions and modular process, production, measurement, and control equipment. The company also offers sourcing, procurement, warehouse, and inventory management solutions.

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