DNOW Q4 revenue rises to $571 million; GAAP EPS falls to $0.21 on prior-year tax benefit
DNOW reported fourth-quarter and full-year 2024 results, with revenue up from a year earlier but GAAP diluted EPS down sharply because the prior-year quarter included a $126 million tax benefit. The company also announced a new $160 million share repurchase authorization, double its previous program, and completed the $114 million cash acquisition of Trojan Rentals, LLC.
Key points
- Q4 2024 revenue was $571 million versus $555 million in Q4 2023; full-year revenue was $2,373 million versus $2,321 million.
- Q4 2024 GAAP diluted EPS was $0.21 versus $1.35 in Q4 2023; non-GAAP diluted EPS excluding other costs was $0.25 versus $0.22.
- Full-year 2024 free cash flow was $289 million; cash and equivalents were $256 million and long-term debt was zero at December 31, 2024.
- A new $160 million share repurchase authorization was announced, double the size of the program completed in 2024.
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 13, 2025.
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