NOW Inc. (DNOW)

NOW Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,300	2,321	2,136	1,632	1,619	2,951
Revenue Growth (YoY)	2.36%	8.66%	30.88%	0.80%	-45.14%	-5.63%
Cost of Revenue	1,773	1,786	1,630	1,275	1,327	2,365
Gross Profit	527	535	506	357	292	586
Selling, General & Admin	394	395	365	341	391	541
Other Operating Expenses	1	2	2	4	331	138
Operating Expenses	395	397	367	345	722	679
Operating Income	132	138	139	12	-430	-93
Other Expense / Income	-	1	1	-	-	-
Pretax Income	132	137	138	12	-430	-93
Income Tax	-105	-110	10	7	-3	4
Net Income	237	247	128	5	-427	-97
Net Income Growth	83.72%	92.97%	2460.00%	-	-	-
Shares Outstanding (Basic)	106	107	111	110	109	109
Shares Outstanding (Diluted)	107	108	111	110	109	109
Shares Change	-3.60%	-2.70%	0.91%	0.92%	-	-
EPS (Basic)	2.18	2.26	1.14	0.05	-3.91	-0.89
EPS (Diluted)	2.16	2.24	1.13	0.05	-3.91	-0.89
EPS Growth	89.47%	98.23%	2160.00%	-	-	-
Free Cash Flow	262	171	-9	25	181	212
Free Cash Flow Per Share	2.47	1.60	-0.08	0.23	1.66	1.95
Gross Margin	22.91%	23.05%	23.69%	21.88%	18.04%	19.86%
Operating Margin	5.74%	5.95%	6.51%	0.74%	-26.56%	-3.15%
Profit Margin	10.30%	10.64%	5.99%	0.31%	-26.37%	-3.29%
Free Cash Flow Margin	11.39%	7.37%	-0.42%	1.53%	11.18%	7.18%
Effective Tax Rate	-79.55%	-80.29%	7.25%	58.33%	-	-
EBITDA	159	163	157	35	-402	-52
EBITDA Margin	6.91%	7.02%	7.35%	2.14%	-24.83%	-1.76%
Depreciation & Amortization	27	26	19	23	28	41
EBIT	132	137	138	12	-430	-93
EBIT Margin	5.74%	5.90%	6.46%	0.74%	-26.56%	-3.15%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).