DNOW Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-89.0M | $78.0M | $250.0M | $128.0M | $5.0M | $-427.0M | $-97.0M | $52.0M |
| Depreciation & Amortization | $52.0M | $34.0M | $26.0M | $19.0M | $23.0M | $28.0M | $41.0M | $41.0M |
| Depreciation | $41.0M | $27.0M | $21.0M | $17.0M | $21.0M | $24.0M | $22.0M | $21.0M |
| Amortization | $11.0M | $7.0M | $5.0M | $2.0M | $2.0M | $4.0M | $19.0M | $20.0M |
| Stock-Based Compensation | $29.0M | $13.0M | $15.0M | $11.0M | $8.0M | — | $13.0M | $16.0M |
| Net Cash from Operating Activities | $155.0M | $298.0M | $188.0M | $0 | $30.0M | $189.0M | $224.0M | $73.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $21.0M | $9.0M | $17.0M | $9.0M | $5.0M | $8.0M | $12.0M | $11.0M |
| Business Acquisitions | $574.0M | $299.0M | $32.0M | $80.0M | $96.0M | $0 | $8.0M | — |
| Net Cash from Investing Activities | $-590.0M | $-304.0M | $-48.0M | $-87.0M | $-96.0M | $22.0M | $-22.0M | $-9.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $37.0M | $23.0M | $50.0M | $7.0M | $0 | $0 | — | — |
| Net Cash from Financing Activities | $339.0M | $-33.0M | $-55.0M | $-10.0M | $-6.0M | $-8.0M | $-138.0M | $-37.0M |
| Net Change in Cash | $-92.0M | $-43.0M | $87.0M | $-101.0M | $-74.0M | $204.0M | $67.0M | $18.0M |
| Free Cash Flow | $134.0M | $289.0M | $171.0M | $-9.0M | $25.0M | $181.0M | $212.0M | $62.0M |