Dnow (DNOW) Net Margin (2013 - 2026)
Dnow (DNOW) reported Net Margin of -1.61% for Q2 2026, down 3.84 percentage points from 2.23% a year earlier but up 2.11 percentage points from the prior quarter.
Dnow (DNOW) Net Margin (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Dnow's Net Margin came in at -4.92%, down 7.75 percentage points year-over-year; for FY2025, it came in at -3.16%, down 6.44 percentage points from FY2024.
- Net Margin has a five-year change of +23.22 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 3.29% in FY2024 (-7.48 pp), 10.77% in FY2023 (+4.78 pp), 5.99% in FY2022 (+5.69 pp) and 0.31% in FY2021 (+26.68 pp).
- Five-year quarterly Net Margin spans a low of -16.79% in Q4 2025 and a high of 27.03% in Q4 2023.
- Year over year, Net Margin has now declined in each of the last three quarters, with an average year-over-year change of -7.33 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q4 2023 (a gain of 21.18 percentage points); the low point was Q4 2024 (a drop of 23.52 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -3.72% (Q1 2026), -16.79% (Q4 2025) and 3.94% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 11.35% |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 16.04% |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 5.54% |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | 14.06% |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 6.97% |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 3.14% |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 8.77% |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | 7.25% |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 2.25% |
| 10 | Dnow | 2.92 Bn | 2.27 Bn | 243.00 Mn | -1.61% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.61% |
| Mar 31, 2026 | -3.72% |
| Dec 31, 2025 | -16.79% |
| Sep 30, 2025 | 3.94% |
| Jun 30, 2025 | 2.23% |
| Mar 31, 2025 | 3.51% |
| Dec 31, 2024 | 3.50% |
| Sep 30, 2024 | 2.15% |
| Jun 30, 2024 | 3.79% |
| Mar 31, 2024 | 3.73% |
| Dec 31, 2023 | 27.03% |
| Sep 30, 2023 | 5.95% |
| Jun 30, 2023 | 5.72% |
| Mar 31, 2023 | 5.31% |
| Dec 31, 2022 | 5.85% |
| Sep 30, 2022 | 6.93% |
| Jun 30, 2022 | 4.82% |
| Mar 31, 2022 | 6.34% |
| Dec 31, 2021 | 2.78% |
| Sep 30, 2021 | 1.14% |
Dnow Net 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=net-margin&ticker=DNOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=DNOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();