Dnow (DNOW) Tax Rate (2013 - 2026)
Dnow's (DNOW) quarterly Tax Rate came in at 26.67% in Q1 2026, up 253.0% YoY from 7.55% in Q1 2025, and up 269.78% on a QoQ basis from 7.21% in Q4 2025.
Analysis
Dnow (DNOW) Tax Rate (2013 - 2026) Analysis & Trends
Dnow (DNOW) has 14 years of Tax Rate data on file, last reported at 26.67% in Q1 2026.
- Quarterly Tax Rate rose 253.0% year-over-year to 26.67% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.33% (down 1532.0% YoY) and the FY2025 annual result came in at 5.26%, down 2999.0% from the prior year.
- Tax Rate grew to 26.67% in Q1 2026, from 7.21% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 40.91% in Q3 2024 to a low of 57.14% in Q4 2023.
- A 5-year average of 8.96% and a median of 8.57% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate soared 10714 bps — and 2023, when it plunged 5444 bps.
- Tracing DNOW's Tax Rate over 5 years: stood at 2.7% in 2022, then slumped by 2014 bps to 57.14% in 2023, then surged by 61 bps to 22.22% in 2024, then jumped by 132 bps to 7.21% in 2025, then soared by 270 bps to 26.67% in 2026.
- The last three Tax Rate figures came in at 26.67% (Q1 2026), 7.21% (Q4 2025), and 21.88% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 61.85 Bn | 61.26 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 56.51 Bn | 56.31 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 43.47 Bn | 42.65 Bn | 2.32 Bn | 26.07% |
| 4 | Wesco International | 16.51 Bn | 15.70 Bn | 1.46 Bn | 22.94% |
| 5 | Applied Industrial Technologies | 12.04 Bn | 11.91 Bn | 411.22 Mn | 24.84% |
| 6 | Watsco | 12.04 Bn | 11.57 Bn | 578.93 Mn | 20.91% |
| 7 | Core & Main | 8.28 Bn | 8.13 Bn | 520.00 Mn | 24.67% |
| 8 | Pool | 6.64 Bn | 6.60 Bn | 540.76 Mn | 25.79% |
| 9 | Msc Industrial Direct | 6.58 Bn | 6.50 Bn | 430.41 Mn | 24.50% |
| 10 | Dnow | 2.88 Bn | 2.76 Bn | 243.00 Mn | -133.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -133.33% |
| Mar 31, 2026 | 26.67% |
| Dec 31, 2025 | 20.19% |
| 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% |
| Dec 31, 2023 | -328.57% |
| Sep 30, 2023 | 5.41% |
| Jun 30, 2023 | 2.86% |
| Mar 31, 2023 | 8.57% |
| Dec 31, 2022 | 61.76% |
| Sep 30, 2022 | 6.82% |
| Jun 30, 2022 | 7.14% |
| Mar 31, 2022 | 9.09% |
| Dec 31, 2021 | 16.67% |
| Sep 30, 2021 | 28.57% |