Dnow (MEX:DNOW) Debt-to-Equity: 0.35 (As of Mar. 2026) — 483% Above Median

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Director of Data and Quant Analytics at GuruFocus
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MEX:DNOW Dnow Inc MEX:DNOW
75 GF Score
Price MXN221.70
GF Value MXN242.90
! 3 Warning Signs
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What is Dnow Debt-to-Equity?

Dnow MEX:DNOW 75 Debt-to-Equity is 0.35 as of Mar. 2026, which is 483% above its 10-year median of 0.06. GuruFocus rates MEX:DNOW with a GF Score™ of 75/100 and a GF Value™ of MXN242.90. The stock has 3 warning signs investors should review. Among 148 Industrial Distribution companies, Dnow ranks better than 61.49% on this metric.

Dnow's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN866 Mil. Dnow's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN12,425 Mil. Dnow's Total Stockholders Equity for the quarter that ended in Mar. 2026 was MXN38,554 Mil. Dnow's debt to equity for the quarter that ended in Mar. 2026 was 0.34.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Dnow's Debt-to-Equity or its related term are showing as below:

MEX:DNOW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.06   Max: 0.35
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of Dnow was 0.35. The lowest was 0.03. And the median was 0.06.

MEX:DNOW's Debt-to-Equity is ranked better than
61.49% of 148 companies
in the Industrial Distribution industry
Industry Median: 0.49 vs MEX:DNOW: 0.35

Dnow  (MEX:DNOW) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Dnow Debt-to-Equity Related Terms


Dnow Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Dnow's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dnow Debt-to-Equity Chart

Dnow Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.04 0.04 0.26

Dnow Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.03 0.26 0.35

MEX:DNOW vs DXPE, DSGR, GIC: Debt-to-Equity Comparison

For the Industrial Distribution subindustry, Dnow's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dnow Debt-to-Equity vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Dnow's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dnow's Debt-to-Equity falls into.


MEX:DNOW
75GF Score
Dnow Inc MEX:DNOW
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dnow Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dnow's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dnow's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.35 mean?
Dnow (MEX:DNOW) has a Debt-to-Equity of 0.35 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dnow and its competitors. This is 483% above median its historical median of 0.06. Over the past decade, Dnow's Debt-to-Equity has ranged from 0.03 to 0.35. According to the industry distribution chart, Dnow ranks #57 out of 148 companies in the Industrial Distribution industry, placing it in the top 38.5%.
Is Dnow's Debt-to-Equity too high?
Dnow's current Debt-to-Equity of 0.35 is 483% above median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.35. The Industrial Distribution industry median Debt-to-Equity is 0.49. Dnow's value of 0.35 is 28.6% below this industry median. Based on the distribution chart, Dnow ranks #57 out of 148 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Dnow has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Dnow's Debt-to-Equity compare to DXPE and DSGR?
According to the Industrial Distribution industry distribution chart, Dnow ranks #57 out of 148 companies for Debt-to-Equity. This puts Dnow in the upper half of its industry. The industry median Debt-to-Equity is 0.49. Dnow's value of 0.35 is 28.6% below this benchmark. Historically, Dnow's own Debt-to-Equity has ranged from 0.03 to 0.35 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.49, Dnow has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Distribution company?
The median Debt-to-Equity among Industrial Distribution companies is 0.49, based on 148 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dnow's current Debt-to-Equity of 0.35 is 28.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dnow and its competitors. For the Industrial Distribution industry, the median Debt-to-Equity is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dnow's current Debt-to-Equity is 0.35, which is 483% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dnow stock overvalued right now?
Dnow (MEX:DNOW) has a current Debt-to-Equity of 0.35. The stock's GF Value™ is MXN242.90, compared to a current price of MXN221.70 — trading 8.7% below its estimated fair value. The current Debt-to-Equity is 0.35, which is 483% above median its 10-year median of 0.06 and 28.6% below the Industrial Distribution industry median of 0.49. Dnow's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Dnow (MEX:DNOW), the current Debt-to-Equity is 0.35 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dnow (MEX:DNOW) Overvalued in 2026?

Based on GuruFocus' analysis, Dnow stock appears to be undervalued. The current stock price of MXN221.70 is trading 8.7% below its estimated GF Value™ of MXN242.90.

Key valuation signals for MEX:DNOW:

  • Debt-to-Equity: 0.35 (483% above median its 10-year median of 0.06)
  • GF Value™: MXN242.90 vs. price of MXN221.70 (8.7% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 28.6% below the Industrial Distribution median (#57 of 148)

No single metric tells the full story. See the MEX:DNOW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dnow Business Description

Other Exchanges DNOW:USA0K9J:UK11N:Germany
Address 7402 North Eldridge Parkway, Houston, TX, USA, 77041
Dnow Inc is a provider of energy and industrial solutions and a distributor of pipe, valves, and fittings (PVF) and pumps, as well as fabrication, assembly, and testing of process and production equipment. It provides a broad mix of products required to build and maintain essential infrastructure and operating equipment across upstream, midstream, gas utilities, downstream, energy transition, and industrial markets, along with value-added supply chain solutions and technical product expertise supported by digital offerings through its DigitalNOW and MRCGO e-commerce platforms. The company operates mainly under the DNOW and MRC brands and has three reportable segments: the United States, which generates the majority of revenue, Canada, and International.
75GF Score

Get the complete analysis for MEX:DNOW

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN221.70
Price
MXN242.90
GF Value