DNOW Inc
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
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FY2023 · Filed Feb 15, 2024
DNOW$13.94+5.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In millions, except per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue | $2,321 | $2,136 | $1,632 |
| Operating expenses: | |||
| Cost of products | 1,786 | 1,630 | 1,275 |
| Warehousing, selling and administrative | 395 | 365 | 341 |
| Impairment and other charges | — | 10 | 7 |
| Operating profit | 140 | 131 | 9 |
| Other income (expense) | (2) | 8 | 3 |
| Income before income taxes | 138 | 139 | 12 |
| Income tax provision (benefit) | (110) | 10 | 7 |
| Net income | 248 | 129 | 5 |
| Net income attributable to noncontrolling interest | 1 | 1 | — |
| Net income attributable to DNOW Inc. | $247 | $128 | $5 |
| Earnings per share attributable to DNOW Inc. stockholders: | |||
| Basic | $2.26 | $1.14 | $0.05 |
| Diluted | $2.24 | $1.13 | $0.05 |
| Weighted-average common shares outstanding, basic | 107 | 111 | 110 |
| Weighted-average common shares outstanding, diluted | 108 | 111 | 110 |
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