Dnow Inc. (DNOW) Stock

Dnow Inc. (DNOW) is a Industrials stock trading at $14.42 (as of 2026-07-24), with a market capitalization of $2.63B and a trailing P/E of 90.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

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. The company offers its products under the DistributionNOW and DNOW brand names. It provides consumable maintenance, repair, and operating supplies; pipes, valves, fittings, flanges, gaskets, fasteners, electrical products, instrumentations, artificial lift, pumping solutions, valve actuation and modular process, and measurement and control equipment; and mill supplies, tools, safety supplies, and personal protective equipment, as well as applied products and applications, such as artificial lift systems, coatings, and miscellaneous expendable items. The company also offers original equipment manufacturer equipment, including pumps, generator sets, air and gas compressors, dryers, blowers, mixers, and valves; modular oil and gas tank battery solutions; and application systems, work processes, parts integration, optimization solutions, and after-sales support services. In addition, it provides supply chain and materials management solutions that include procurement, inventory planning and management, and warehouse management, as well as solutions for logistics, point-of-issue technology, project management, business process, and performance metrics reporting services. The company serves customers through a network of approximately 180 locations in the upstream, midstream, and downstream sectors of the energy industry, including drilling contractors, well-servicing companies, independent and national oil and gas companies, midstream operators, and refineries, as well as petrochemical, chemical, utilities, and other downstream energy processors; and industrial and manufacturing companies. NOW Inc. was founded in 1862 and is headquartered in Houston, Texas.

Understand Dnow Inc.: how it makes money

Dnow Inc. distributes downstream energy and industrial products, maintenance and repair supplies, and related measurement and control equipment, selling through its DistributionNOW and DNOW brands to customers across petroleum refining, chemical processing, LNG terminals, power generation utilities, and industrial manufacturing.

Because Dnow is a distributor of many categories of consumables and equipment for energy and industrial customers, its profitability is structurally tied to how efficiently it converts product sales volume and mix (not recurring contracts) into operating profit.

Revenue by segment (latest quarter)
U.S.$1.0B
Intl.$0.1B

Business quality (Weak): Fact set is clear on what the company sells and provides reported revenue and margins, but it offers no operational efficiency KPIs beyond revenue by geography.

Bull case

  • Broad product and customer coverage: The company distributes products and supplies used in petroleum refining, chemical processing, LNG terminals, power generation utilities, and industrial manufacturing.
  • Scale with a dominant U.S. base: U.S. revenue is the largest portion of total revenue in the provided figures.

Bear case

  • Operating losses despite positive gross margin: Reported gross margin is 16.3%, but operating margin is -4.2% for the latest period shown, indicating higher operating costs relative to gross profit.
  • Lower diversification beyond the U.S: International revenue is much smaller than U.S. revenue in the provided figures, which can increase sensitivity to U.S. demand and cost pressures.
Valuation — source: SEC EDGAR (first-party)
Price$14.42
Market Cap$2.63B
P/E Ratio90.8
EV / EBITDA30.9
Price / Book1.23
Price / Sales0.86
FCF Yield-1.8%
DCF Value (model)$104.38
DCF Upside vs Price623.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$2.82B
Net Margin-3.2%
Revenue Growth (YoY)18.8%
EPS Growth (YoY)-201.3%
FCF Growth (YoY)-53.6%
Financial Health — source: SEC EDGAR
Altman Z-Score1.70 (distress)
Piotroski F-Score3/9 (weak)
Valuation vs Sector & Industry
Stock P/E90.8
Sector P/E (Industrials)28.3
Industry P/E (Machinery)33.7
vs Sector221.1%
vs Industry169.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($353.63M)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryMachinery
CEODavid A. Cherechinsky
Employees2,575
CountryUS
IPO Date2014-05-20

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DNOW earnings history · DNOW institutional & insider holders · DNOW KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.