Dnow (DNOW) Invested Capital (2012 - 2026)

Dnow (DNOW) reported Invested Capital of $2.7 billion for Q1 2026, up 137.01% on a YoY basis from $1.1 billion in Q1 2025, and up 2.27% quarter-over-quarter from $2.6 billion in Q4 2025.

Dnow (DNOW) Invested Capital (2012 - 2026) Analysis & Trends

Dnow has reported Invested Capital for 15 years, with the latest figure at $2.7 billion in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital rose 137.01% year-over-year to $2.7 billion; the trailing twelve-month figure through Mar 2026 stood at $2.7 billion (up 137.01% YoY), and the FY2025 full-year result was $2.6 billion, up 134.84% from the prior year.
  • Invested Capital for Q1 2026 stood at $2.7 billion, up from $2.6 billion in the prior quarter.
  • The five-year high for Invested Capital was $2.7 billion in Q1 2026, with the low at $746.0 million in Q1 2022.
  • Historically, Invested Capital has averaged $1.2 billion across 5 years, with a median of $1.1 billion in 2024.
  • Annual changes were most pronounced in 2025 — Invested Capital increased 5.64% — and 2026, when it surged 137.01%.
  • Dnow's Invested Capital stood at $844.0 million in 2022, then gained by 26.3% to $1.1 billion in 2023, then advanced by 5.82% to $1.1 billion in 2024, then surged by 134.84% to $2.6 billion in 2025, then climbed by 2.27% to $2.7 billion in 2026.
  • The last three Invested Capital figures came in at $2.7 billion (Q1 2026), $2.6 billion (Q4 2025), and $1.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 W.W. Grainger 63.64 Bn 63.46 Bn 1.75 Bn 6.63 Bn
2 Fastenal 53.18 Bn 52.87 Bn 982.90 Mn 4.11 Bn
3 Ferguson Enterprises 45.51 Bn 44.69 Bn 2.32 Bn 6.17 Bn
4 Wesco International 17.33 Bn 16.62 Bn 1.29 Bn 5.35 Bn
5 Watsco 14.65 Bn 14.51 Bn 427.56 Mn 2.88 Bn
6 Qxo 12.24 Bn 9.19 Bn 409.30 Mn 13.22 Bn
7 Applied Industrial Technologies 11.99 Bn 11.82 Bn 380.80 Mn 1.88 Bn
8 Core & Main 9.98 Bn 9.84 Bn 428.00 Mn 2.10 Bn
9 Pool 7.00 Bn 6.92 Bn 329.87 Mn 1.15 Bn
10 Dnow 2.51 Bn 2.40 Bn 193.00 Mn 2.71 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.71 Bn
Dec 31, 2025 2.65 Bn
Sep 30, 2025 1.18 Bn
Jun 30, 2025 1.16 Bn
Mar 31, 2025 1.14 Bn
Dec 31, 2024 1.13 Bn
Sep 30, 2024 1.12 Bn
Jun 30, 2024 1.10 Bn
Mar 31, 2024 1.08 Bn
Dec 31, 2023 1.07 Bn
Sep 30, 2023 907.00 Mn
Jun 30, 2023 877.00 Mn
Mar 31, 2023 844.00 Mn
Dec 31, 2022 844.00 Mn
Sep 30, 2022 806.00 Mn
Jun 30, 2022 777.00 Mn
Mar 31, 2022 746.00 Mn
Dec 31, 2021 712.00 Mn
Sep 30, 2021 699.00 Mn
Jun 30, 2021 696.00 Mn