All three tenses have at least two readings, so the archetype blend applies as printed.
All nine metrics read as filed from the record.
What did they actually do?
Has it survived what it has been through?
1 warning event since 2017; the latest 2025-05-23.
From the record
DNOW Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2025-05-23) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+3.3% a year over 10 filed years; profitable in 5 of 10.
From the record
DNOW Inc.'s 10 filed years say what it did: revenue went from $2.1 billion in fiscal 2016 to $2.8 billion in fiscal 2025, up 3.3% a year; it rose in 7 of 9 years; the deepest fall was 48% from fiscal 2018 to fiscal 2020; net income was positive in 5 of 10 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
Share count grew 2.0% a year. 17% of cash flow returned. Insiders: 7 sales, 0 purchases.
From the record
Over the 3 fiscal years to 2025-12-31, DNOW Inc.'s diluted share count grew about 2.0% a year, and dividends and buybacks returned about 17% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 7 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they doing right now?
Is it financially healthy right now?
ROE -4%: lost 4¢ per shareholder dollar. Leverage 43%: owes 43¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, DNOW Inc. lost about 4 cents for every dollar of shareholders' money, and gross profitability: its products earned about 12 cents per dollar of everything the company owns. Leverage: it owed about 43 cents per dollar of assets, and net share issuance: its share count grew 10.0% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 47% of 16 in its family; net margin -3.2%.
From the record
DNOW Inc.'s standing among 16 graded names in its industry family: revenue of $2.8 billion in fiscal 2025 ranks in the top 28% by size; a net margin of -3.2% ranks in the bottom 16%; revenue growth of 9.7% a year over the last 3 filed years ranks in the top 47% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
top 30% of 10 in its family for leadership; chief executive since 2020.
From the record
DNOW Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Cherechinsky, David A (President and CEO, as filed), filing under that title since 2020-11-30, 6 years (top 35% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 8.7 years (top 45%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (top 11%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
bottom 22% of 16 in its family for room to expand.
From the record
DNOW Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $164 million against debt of $411 million leaves -6.3% of its assets as net cash, bottom 28% of its family; cash from operations less capital spending is 4.8% of revenue (bottom 34%); a gross margin of 17% (bottom 5%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
top 24% of 15 in its family for growth drivers.
From the record
DNOW Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 9.7% a year over the last three filed years against 3.3% over all 10, speeding up (top 23% of its family); the newest year grew 18.9% (top 23%); capital spending grew 32.6% a year (top 25%) (its annual reports). DNOW Inc. reported 4 lines of business in fiscal 2025: Upstream at $1.8 billion (62%), Midstream at $590 million (21%), Downstream and Industrial at $288 million (10%), and 1 more; 4 of 4 grew against the year before (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
bottom 39% of 14 in its family for expectations against reality.
From the record
DNOW Inc.'s newest year against its own record: revenue of $2.8 billion in fiscal 2025 came in 12.8% above the $2.5 billion its prior three years' pace pointed to (top 18% of its family); net income of $89 million against a prior three-year average of $152 million (bottom 11%); a net margin of -3.2% against 6.7% before (bottom 25%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made