Dnow (DNOW) Tax Rate (2013 - 2025)
Dnow's Tax Rate came in at -133.33% for Q2 2026, down 150.98 percentage points from 17.65% a year earlier and down 160.00 percentage points from the prior quarter.
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Analysis
Dnow (DNOW) Tax Rate (2013 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Dnow reported Tax Rate of 12.99%, down 13.61 percentage points year-over-year; for FY2025, it was 12.00%, down 16.18 percentage points from FY2024.
- Tax Rate carries a five-year change of +11.30 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 28.18% in FY2024 (+104.94 pp), -76.76% in FY2023 (-83.95 pp), 7.19% in FY2022 (-51.14 pp) and 58.33% in FY2021 (+57.64 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q4 2023.
- Year-over-year, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of +25.44 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2024 (a gain of 351.65 percentage points), and the weakest in Q4 2023 (a drop of 334.45 percentage points).
- Business Quant data shows DNOW's Tax Rate at 26.67% (Q1 2026), 17.01% (Q4 2025) and 21.88% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.83 Bn | 56.81 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 57.33 Bn | 56.25 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 43.46 Bn | 40.68 Bn | 2.32 Bn | 26.07% |
| 4 | Sunbelt Rentals Holdings | 30.25 Bn | 30.13 Bn | 1.25 Bn | 25.89% |
| 5 | Reliance | 19.78 Bn | 18.82 Bn | 1.30 Bn | 24.71% |
| 6 | Wesco International | 17.79 Bn | 15.10 Bn | 1.46 Bn | 22.94% |
| 7 | Applied Industrial Technologies | 12.37 Bn | 12.24 Bn | 411.22 Mn | 24.84% |
| 8 | Watsco | 10.71 Bn | 8.87 Bn | 578.93 Mn | 20.91% |
| 9 | Avantor | 10.31 Bn | 9.11 Bn | 537.00 Mn | 53.08% |
| 10 | Dnow | 2.84 Bn | 2.19 Bn | 243.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 21.88% |
| Jun 30, 2025 | 17.65% |
| Mar 31, 2025 | 24.14% |
| Dec 31, 2024 | 23.08% |
| Sep 30, 2024 | 40.91% |
| Jun 30, 2024 | 24.24% |
| Mar 31, 2024 | 27.59% |
| Sep 30, 2023 | 5.41% |
| Jun 30, 2023 | 2.86% |
| Mar 31, 2023 | 8.57% |
| Dec 31, 2022 | 5.88% |
| Sep 30, 2022 | 6.82% |
| Jun 30, 2022 | 7.14% |
| Mar 31, 2022 | 9.09% |
| Dec 31, 2021 | 20.00% |
| Sep 30, 2021 | 28.57% |
| Sep 30, 2019 | 16.67% |
| Jun 30, 2019 | 6.67% |
| Mar 31, 2019 | 5.26% |
| Dec 31, 2018 | 11.11% |
API Access
Dnow Tax Rate 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=tax-rate&ticker=DNOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=DNOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();