earnings
confidence high
sentiment positive
materiality 0.75
DNOW Q4 rev $571M, EPS $0.21; doubles buyback to $160M; acquires Trojan for $114M
DNOW Inc.
2024-FY EPS reported
$0.74
revenue$2,373,000,000
- Q4 revenue $571M, net income $23M ($0.21 diluted); full-year revenue $2,373M, net income $81M ($0.74).
- Non-GAAP diluted EPS $0.25 for Q4 and $0.91 for full-year; EBITDA excluding costs $45M (7.9%) Q4, $176M (7.4%) full-year.
- Announced new $160M share repurchase authorization, double the prior program completed in 2024.
- Completed acquisition of Trojan Rentals for $114M cash in Q4, enhancing pump rental and industrial automation.
- Operating cash flow $122M Q4, $298M full-year; total liquidity ~$556M including $256M cash and zero debt.