Growth Metrics

Dnow (DNOW) Operating Margin (2016 - 2025)

Dnow (DNOW) has disclosed Operating Margin for 13 consecutive years, with 12.1% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Margin fell 1647.0% year-over-year to 12.1%, compared with a TTM value of 0.74% through Dec 2025, down 534.0%, and an annual FY2025 reading of 0.74%, down 534.0% over the prior year.
  • Operating Margin was 12.1% for Q4 2025 at Dnow, down from 5.21% in the prior quarter.
  • Across five years, Operating Margin topped out at 7.63% in Q3 2022 and bottomed at 12.1% in Q4 2025.
  • Average Operating Margin over 5 years is 3.81%, with a median of 5.1% recorded in 2025.
  • The sharpest move saw Operating Margin skyrocketed 5292bps in 2021, then tumbled -1647bps in 2025.
  • Year by year, Operating Margin stood at 1.62% in 2021, then surged by 295bps to 6.4% in 2022, then rose by 1bps to 6.49% in 2023, then crashed by -33bps to 4.38% in 2024, then plummeted by -376bps to 12.1% in 2025.
  • Business Quant data shows Operating Margin for DNOW at 12.1% in Q4 2025, 5.21% in Q3 2025, and 5.1% in Q2 2025.