Dnow (DNOW) Tax Rate (2013 - 2026)
Dnow (DNOW) reported Tax Rate of 26.67% for Q1 2026, up 253.0% on a YoY basis from 7.55% in Q1 2025, and down 35.35% quarter-over-quarter from 41.25% in Q4 2025.
Dnow (DNOW) Tax Rate (2013 - 2026) Analysis & Trends
Dnow has reported Tax Rate for 13 years, with the latest figure at 26.67% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 253.0% year-over-year to 26.67%; the trailing twelve-month figure through Mar 2026 stood at 46.05% (up 1379.0% YoY), and the FY2025 full-year result was 85.71%, down 11905.0% from the prior year.
- Tax Rate for Q1 2026 stood at 26.67%, down from 41.25% in the prior quarter.
- The five-year high for Tax Rate was 66.67% in Q4 2024, with the low at 297.14% in Q4 2023.
- Historically, Tax Rate has averaged 2.87% across 5 years, with a median of 21.88% in 2025.
- Annual changes were most pronounced in 2023 — Tax Rate tumbled 30795 bps — and 2024, when it surged 36381 bps.
- Dnow's Tax Rate stood at 10.81% in 2022, then slumped by 2849 bps to 297.14% in 2023, then jumped by 122 bps to 66.67% in 2024, then plunged by 38 bps to 41.25% in 2025, then tumbled by 35 bps to 26.67% in 2026.
- The last three Tax Rate figures came in at 26.67% (Q1 2026), 41.25% (Q4 2025), and 21.88% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 22.74% |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 24.22% |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 26.07% |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 21.86% |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 20.32% |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 18.98% |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 26.17% |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 22.34% |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 24.17% |
| 10 | Dnow | 2.51 Bn | 2.40 Bn | 193.00 Mn | 26.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.67% |
| Mar 31, 2026 | 26.67% |
| Dec 31, 2025 | 41.25% |
| Dec 31, 2025 | 41.25% |
| Sep 30, 2025 | 21.88% |
| Sep 30, 2025 | 21.88% |
| Jun 30, 2025 | 21.88% |
| Jun 30, 2025 | 21.88% |
| Mar 31, 2025 | 24.14% |
| Mar 31, 2025 | 24.14% |
| Dec 31, 2024 | 66.67% |
| Dec 31, 2024 | 66.67% |
| Sep 30, 2024 | 40.91% |
| Sep 30, 2024 | 40.91% |
| Jun 30, 2024 | 24.24% |
| Jun 30, 2024 | 24.24% |
| Mar 31, 2024 | 27.59% |
| Mar 31, 2024 | 27.59% |
| Dec 31, 2023 | -297.14% |
| Dec 31, 2023 | -297.14% |