Dnow (DNOW) FCF Margin (2013 - 2026)
Dnow (DNOW) reported FCF Margin of 9.49% for Q2 2026, up 2.96 percentage points from 6.53% a year earlier and up 18.19 percentage points from the prior quarter.
Dnow (DNOW) FCF Margin (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Dnow's FCF Margin came in at 3.33%, down 5.40 percentage points year-over-year; for FY2025, it came in at 4.75%, down 7.43 percentage points from FY2024.
- FCF Margin has a five-year change of -6.43 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 12.18% in FY2024 (+4.81 pp), 7.37% in FY2023 (+7.79 pp), -0.42% in FY2022 (-1.95 pp) and 1.53% in FY2021 (-9.65 pp).
- The Q2 2026 figure ranks as the highest quarterly FCF Margin since Q4 2024.
- Year over year, FCF Margin gained in three of the last seven quarters, with an average year-over-year change of -4.66 percentage points.
- The high point for year-over-year FCF Margin in five years was Q2 2023 (a gain of 19.79 percentage points); the low point was Q1 2025 (a drop of 17.88 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -8.71% (Q1 2026), 7.92% (Q4 2025) and 6.15% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 6.63% |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 8.45% |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 9.10% |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | -0.48% |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 1.49% |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 0.38% |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 11.81% |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | -0.55% |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 8.31% |
| 10 | Dnow | 2.92 Bn | 2.27 Bn | 243.00 Mn | 9.49% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.49% |
| Mar 31, 2026 | -8.71% |
| Dec 31, 2025 | 7.92% |
| Sep 30, 2025 | 6.15% |
| Jun 30, 2025 | 6.53% |
| Mar 31, 2025 | -3.67% |
| Dec 31, 2024 | 20.84% |
| Sep 30, 2024 | 11.88% |
| Jun 30, 2024 | 2.84% |
| Mar 31, 2024 | 14.21% |
| Dec 31, 2023 | 18.56% |
| Jun 30, 2023 | 13.30% |
| Mar 31, 2023 | -1.88% |
| Dec 31, 2022 | 0.73% |
| Sep 30, 2022 | 7.63% |
| Jun 30, 2022 | -6.49% |
| Mar 31, 2022 | -4.65% |
| Dec 31, 2021 | 0.23% |
| Sep 30, 2021 | 5.01% |
| Jun 30, 2021 | 1.75% |
Dnow FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=DNOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "DNOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=DNOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();