DNOW Inc.DNOW
What DNOW Inc. does.
DNOW Inc., (“DNOW” or the “Company”), headquartered in Houston, Texas, was incorporated in Delaware on November 22, 2013. On June 2, 2014, DNOW stock began regular trading on the New York Stock Exchange under the ticker symbol “DNOW”. We are a premier provider of energy and industrial solutions, serving as a global leader in the distribution of pipe, valves and fittings (“PVF”), and pumps, as well as in the fabrication, assembly and testing of process and production equipment. We provide a broad mix of quality products customers require to build and maintain essential infrastructure and operating equipment across the upstream, midstream, gas utilities, downstream, energy transition and industrial markets. We deliver a comprehensive range of value-added supply chain solutions and technical product expertise, supported by advanced digital offerings to customers globally.
On June 26, 2025, DNOW entered into an Agreement and Plan of Merger (the “Merger Agreement”) with MRC Global Inc. (“MRC Global”) in an all-stock transaction, inclusive of MRC Global’s debt. On November 6, 2025 (the “Closing Date”), DNOW completed its acquisition of MRC Global. See Note 20 “Acquisitions” of the Notes to Consolidated Financial Statements (Part IV, Item 15 of this Form 10-K) for additional information.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $2.1B | $2.3B | $2.4B | $2.8B |
| Net income | -$427.0M | $5.0M | $128.0M | $250.0M | $78.0M | -$89.0M |
| Free cash flow | $181.0M | $25.0M | -$9.0M | $171.0M | $289.0M | $134.0M |
More on DNOW.
- DNOW Inc. summary
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- DNOW Inc. health scores and style box
- DNOW Inc. earnings
- DNOW Inc. dividends
- DNOW Inc. valuation
- DNOW Inc. ownership and insiders
- DNOW Inc. peers
Figures from DNOW Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.