Now Inc (DNOW) - Net Assets
Based on the latest financial reports, Now Inc (DNOW) has net assets worth $2.24 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.92 Billion) and total liabilities ($1.69 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check DNOW financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.24 Billion |
| % of Total Assets | 57.03% |
| Annual Growth Rate | 0.94% |
| 5-Year Change | 214.33% |
| 10-Year Change | 89.18% |
| Growth Volatility | 31.87 |
Now Inc - Net Assets Trend (2012–2025)
This chart illustrates how Now Inc's net assets have evolved over time, based on quarterly financial data. Also explore DNOW total asset value for the complete picture of this company's asset base.
Annual Net Assets for Now Inc (2012–2025)
The table below shows the annual net assets of Now Inc from 2012 to 2025. For live valuation and market cap data, see Now Inc (DNOW) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.24 Billion | +98.40% |
| 2024-12-31 | $1.13 Billion | +6.11% |
| 2023-12-31 | $1.06 Billion | +25.95% |
| 2022-12-31 | $844.00 Million | +18.54% |
| 2021-12-31 | $712.00 Million | +1.86% |
| 2020-12-31 | $699.00 Million | -38.90% |
| 2019-12-31 | $1.14 Billion | -5.77% |
| 2018-12-31 | $1.21 Billion | +2.45% |
| 2017-12-31 | $1.19 Billion | +0.17% |
| 2016-12-31 | $1.18 Billion | -15.68% |
| 2015-12-31 | $1.40 Billion | -28.64% |
| 2014-12-31 | $1.97 Billion | +9.10% |
| 2013-12-31 | $1.80 Billion | -9.08% |
| 2012-12-31 | $1.98 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Now Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 83600000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00 Million | 0.09% |
| Other Comprehensive Income | $-126.00 Million | -5.63% |
| Other Components | $3.20 Billion | 142.90% |
| Total Equity | $2.24 Billion | 100.00% |
Now Inc Competitors by Market Cap
The table below lists competitors of Now Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ISC Co. Ltd
KQ:095340
|
$2.28 Billion |
|
Beijing TRS Information Tech
SHE:300229
|
$2.28 Billion |
|
Guangdong Advertising Co Ltd
SHE:002400
|
$2.29 Billion |
|
Guangdong Zhongsheng Pharmaceutical Co Ltd
SHE:002317
|
$2.29 Billion |
|
China Enterprise Co Ltd
SHG:600675
|
$2.28 Billion |
|
China Tianying Inc
SHE:000035
|
$2.28 Billion |
|
Xianhe Co Ltd
SHG:603733
|
$2.28 Billion |
|
Kumho Petro Chemical
KO:011780
|
$2.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Now Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,124,000,000 to 2,238,000,000, a change of 1,114,000,000 (99.1%).
- Net loss of 89,000,000 reduced equity.
- Share repurchases of 37,000,000 reduced equity.
- Other comprehensive income increased equity by 27,000,000.
- Other factors increased equity by 1,213,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-89.00 Million | -3.98% |
| Share Repurchases | $37.00 Million | -1.65% |
| Other Comprehensive Income | $27.00 Million | +1.21% |
| Other Changes | $1.21 Billion | +54.2% |
| Total Change | $- | 99.11% |
Book Value vs Market Value Analysis
This analysis compares Now Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.71x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $18.41 | $13.41 | x |
| 2013-12-31 | $16.83 | $13.41 | x |
| 2014-12-31 | $18.20 | $13.41 | x |
| 2015-12-31 | $13.11 | $13.41 | x |
| 2016-12-31 | $11.06 | $13.41 | x |
| 2017-12-31 | $11.00 | $13.41 | x |
| 2018-12-31 | $11.14 | $13.41 | x |
| 2019-12-31 | $10.52 | $13.41 | x |
| 2020-12-31 | $6.39 | $13.41 | x |
| 2021-12-31 | $6.43 | $13.41 | x |
| 2022-12-31 | $7.57 | $13.41 | x |
| 2023-12-31 | $9.78 | $13.41 | x |
| 2024-12-31 | $10.49 | $13.41 | x |
| 2025-12-31 | $18.97 | $13.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Now Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.16%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.75x
- Recent ROE (-3.98%) is above the historical average (-4.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 5.48% | 3.16% | 1.44x | 1.20x | $-89.10 Million |
| 2013 | 8.16% | 3.42% | 1.97x | 1.21x | $-33.20 Million |
| 2014 | 5.90% | 2.83% | 1.58x | 1.32x | $-80.60 Million |
| 2015 | -35.78% | -16.68% | 1.64x | 1.31x | $-642.30 Million |
| 2016 | -19.78% | -11.11% | 1.31x | 1.36x | $-352.30 Million |
| 2017 | -4.39% | -1.96% | 1.51x | 1.48x | $-170.50 Million |
| 2018 | 4.28% | 1.66% | 1.74x | 1.48x | $-69.40 Million |
| 2019 | -8.48% | -3.29% | 1.85x | 1.39x | $-211.40 Million |
| 2020 | -61.09% | -26.37% | 1.61x | 1.44x | $-496.90 Million |
| 2021 | 0.70% | 0.31% | 1.48x | 1.55x | $-66.10 Million |
| 2022 | 15.20% | 5.99% | 1.62x | 1.57x | $43.80 Million |
| 2023 | 23.30% | 10.64% | 1.52x | 1.44x | $141.00 Million |
| 2024 | 7.21% | 3.41% | 1.46x | 1.44x | $-31.40 Million |
| 2025 | -3.98% | -3.16% | 0.72x | 1.75x | $-312.80 Million |
Industry Comparison
This section compares Now Inc's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $1,040,069,556
- Average return on equity (ROE) among peers: -0.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Now Inc (DNOW) | $2.24 Billion | 5.48% | 0.75x | $2.28 Billion |
| Applied Industrial Technologies (AIT) | $932.55 Million | 15.52% | 1.44x | $10.80 Billion |
| Beacon Roofing Supply Inc (BECN) | $1.82 Billion | 23.86% | 2.40x | $7.72 Billion |
| BlueLinx Holdings Inc (BXC) | $50.82 Million | -120.94% | 9.76x | $409.77 Million |
| Core & Main Inc (CNM) | $641.50 Million | 5.61% | 3.99x | $9.26 Billion |
| Distribution Solutions Group Inc (DSGR) | $99.17 Million | 6.27% | 0.99x | $1.27 Billion |
| DXP Enterprises Inc (DXPE) | $156.68 Million | 20.07% | 1.59x | $2.23 Billion |
| EVI Industries Inc (EVI) | $2.90 Million | 3.45% | 0.14x | $234.41 Million |
| Fastenal Company (FAST) | $1.28 Billion | 20.69% | 0.14x | $51.57 Billion |
| Ferguson Plc (FERG) | $4.37 Billion | 21.99% | 2.08x | $52.48 Billion |
About Now Inc
DNOW Inc. distributes pipe, valves, fittings, and pumps in the United States, Canada, and internationally. The company offers flanges, gaskets, fasteners, electrical, instrumentation, artificial lift, and pumping systems, process and production equipment, production measurement technology, maintenance, repair and operating consumables (MRO), and general and specialty products; personal protective… Read more