DNOW Past Earnings Performance
Past criteria checks 4/6
DNOW has been growing earnings at an average annual rate of 65.4%, while the Trade Distributors industry saw earnings growing at 23% annually. Revenues have been declining at an average rate of 1% per year. DNOW's return on equity is 18.4%, and it has net margins of 8.6%.
Key information
65.4%
Earnings growth rate
65.7%
EPS growth rate
| Trade Distributors Industry Growth | 23.4% |
| Revenue growth rate | -1.0% |
| Return on equity | 18.4% |
| Net Margin | 8.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
DNOW Inc: Not Really Attractive At This Stage As Growth Is Slowing Down.
Nov 16DNOW Inc.: A Diversified Approach Will Offset The Near-Term Sluggishness
Aug 21DNOW: Good Long Term Driven By Energy Transition Projects
May 23DNOW: An Attractive Valuation With Strong Financials And Outlook
Feb 21NOW Inc.: Steady Drivers But Lacks A Punch In The Short Term
Nov 08NOW Inc.: Project Additions Offset The Industry Slackness (Rating Downgrade)
Aug 07NOW Q4 2022 Earnings Preview
Feb 15NOW Inc.: A Combination Of Pipeline And Clear Energy Projects Will Fuel Its Low Relative Valuation
Nov 09NOW Q3 2022 Earnings Preview
Nov 01NOW Inc.: Strong Margins, Improved Fundamentals, And Low Relative Valuation
Aug 12NOW Non-GAAP EPS of $0.26 beats by $0.09, revenue of $539M beats by $49.94M
Aug 03The Return Trends At NOW (NYSE:DNOW) Look Promising
May 18
Are Investors Undervaluing NOW Inc. (NYSE:DNOW) By 47%?
Apr 20PVF Sales And Renewable Energy Projects Offset NOW's Cash Flow Problem
Apr 14The Return Trends At NOW (NYSE:DNOW) Look Promising
Feb 16Industry Recovery And PVF Sales Can Outweigh NOW Inc.'s Cash Flow Woes
Jan 10Investors Will Want NOW's (NYSE:DNOW) Growth In ROCE To Persist
Nov 06NOW's Medium-Term Prospect Can Outweigh Cash Flow Concerns
Sep 12NOW Q1 2021 Earnings Preview
May 04Is There An Opportunity With NOW Inc.'s (NYSE:DNOW) 46% Undervaluation?
Apr 17A Look At NOW's (NYSE:DNOW) Share Price Returns
Feb 20Revenue & Expenses Breakdown
How DNOW makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 2,357 | 202 | 398 | 0 |
| 30 Jun 24 | 2,339 | 223 | 394 | 0 |
| 31 Mar 24 | 2,300 | 233 | 384 | 0 |
| 31 Dec 23 | 2,321 | 243 | 388 | 0 |
| 30 Sep 23 | 2,313 | 129 | 384 | 0 |
| 30 Jun 23 | 2,302 | 135 | 382 | 0 |
| 31 Mar 23 | 2,247 | 127 | 373 | 0 |
| 31 Dec 22 | 2,136 | 126 | 355 | 0 |
| 30 Sep 22 | 2,021 | 107 | 359 | 0 |
| 30 Jun 22 | 1,883 | 72 | 350 | 0 |
| 31 Mar 22 | 1,744 | 45 | 346 | 0 |
| 31 Dec 21 | 1,632 | 5 | 341 | 0 |
| 30 Sep 21 | 1,519 | -51 | 334 | 0 |
| 30 Jun 21 | 1,406 | -78 | 331 | 0 |
| 31 Mar 21 | 1,376 | -106 | 343 | 0 |
| 31 Dec 20 | 1,619 | -427 | 397 | 0 |
| 30 Sep 20 | 1,939 | -522 | 444 | 0 |
| 30 Jun 20 | 2,364 | -490 | 497 | 0 |
| 31 Mar 20 | 2,770 | -446 | 536 | 0 |
| 31 Dec 19 | 2,951 | -97 | 541 | 0 |
| 30 Sep 19 | 3,076 | 58 | 542 | 0 |
| 30 Jun 19 | 3,147 | 67 | 548 | 0 |
| 31 Mar 19 | 3,148 | 67 | 551 | 0 |
| 31 Dec 18 | 3,127 | 51 | 557 | 0 |
| 30 Sep 18 | 3,032 | 32 | 550 | 0 |
| 30 Jun 18 | 2,907 | 4 | 549 | 0 |
| 31 Mar 18 | 2,781 | -27 | 548 | 0 |
| 31 Dec 17 | 2,648 | -52 | 542 | 0 |
| 30 Sep 17 | 2,517 | -120 | 549 | 0 |
| 30 Jun 17 | 2,340 | -167 | 548 | 0 |
| 31 Mar 17 | 2,190 | -194 | 550 | 0 |
| 31 Dec 16 | 2,107 | -234 | 567 | 0 |
| 30 Sep 16 | 2,213 | -412 | 584 | 0 |
| 30 Jun 16 | 2,446 | -581 | 597 | 0 |
| 31 Mar 16 | 2,695 | -555 | 608 | 0 |
| 31 Dec 15 | 3,010 | -502 | 619 | 0 |
| 30 Sep 15 | 3,372 | -238 | 646 | 0 |
| 30 Jun 15 | 3,689 | 19 | 656 | 0 |
| 31 Mar 15 | 3,891 | 64 | 655 | 0 |
| 31 Dec 14 | 4,105 | 115 | 638 | 0 |
| 30 Sep 14 | 4,140 | 134 | 606 | 0 |
| 30 Jun 14 | 4,183 | 141 | 586 | 0 |
| 31 Mar 14 | 4,301 | 147 | 579 | 0 |
| 31 Dec 13 | 4,296 | 147 | 573 | 0 |
Quality Earnings: DNOW has high quality earnings.
Growing Profit Margin: DNOW's current net profit margins (8.6%) are higher than last year (5.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DNOW has become profitable over the past 5 years, growing earnings by 65.4% per year.
Accelerating Growth: DNOW's earnings growth over the past year (56.6%) is below its 5-year average (65.4% per year).
Earnings vs Industry: DNOW earnings growth over the past year (56.6%) exceeded the Trade Distributors industry -5.4%.
Return on Equity
High ROE: DNOW's Return on Equity (18.4%) is considered low.