Dnow (DNOW) Quick Ratio: 1.14 (As of Mar. 2026) — 24% Below Median


DNOW Dnow Inc DNOW
77 GF Score
Price $13.44
GF Value $15.27
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Dnow Quick Ratio?

Dnow DNOW +2.67% 77 Quick Ratio is 1.14 as of Mar. 2026, which is 24% below its 10-year median of 1.50. GuruFocus rates DNOW with a GF Score™ of 77/100 and a GF Value™ of $15.27 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 157 Industrial Distribution companies, Dnow ranks worse than 54.14% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Dnow's quick ratio for the quarter that ended in Mar. 2026 was 1.14.

Dnow has a quick ratio of 1.14. It generally indicates good short-term financial strength.

The historical rank and industry rank for Dnow's Quick Ratio or its related term are showing as below:

DNOW' s Quick Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.5   Max: 2.2
Current: 1.14

During the past 13 years, Dnow's highest Quick Ratio was 2.20. The lowest was 1.11. And the median was 1.50.

DNOW's Quick Ratio is ranked worse than
54.14% of 157 companies
in the Industrial Distribution industry
Industry Median: 1.2 vs DNOW: 1.14

Dnow  (NYSE:DNOW) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Dnow Quick Ratio Related Terms


Dnow Quick Ratio Historical Data

* Premium members only.

The historical data trend for Dnow's Quick Ratio 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 Quick Ratio Chart

Dnow Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.45 1.68 1.53 1.11

Dnow Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 1.48 1.53 1.65 1.11 1.14

DNOW vs DXPE, DSGR, GIC: Quick Ratio Comparison

For the Industrial Distribution subindustry, Dnow's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Dnow's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Dnow's Quick Ratio falls into.


DNOW
77GF Score
Dnow Inc DNOW
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dnow Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2278-1192)/974
=1.11

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

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2250-1193)/929
=1.14

* 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 Quick Ratio →
What does a Quick Ratio of 1.14 mean?
Dnow (DNOW) has a Quick Ratio of 1.14 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Dnow and its competitors. This is 24% below median its historical median of 1.50. Over the past decade, Dnow's Quick Ratio has ranged from 1.11 to 2.20. According to the industry distribution chart, Dnow ranks #85 out of 157 companies in the Industrial Distribution industry, placing it in the top 54.1%.
Is Dnow's Quick Ratio too high?
Dnow's current Quick Ratio of 1.14 is 24% below median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 2.20. The Industrial Distribution industry median Quick Ratio is 1.20. Dnow's value of 1.14 is 5% below this industry median. Based on the distribution chart, Dnow ranks #85 out of 157 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Dnow has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dnow's Quick Ratio compare to DXPE and DSGR?
According to the Industrial Distribution industry distribution chart, Dnow ranks #85 out of 157 companies for Quick Ratio. This places Dnow in the lower half of its industry. The industry median Quick Ratio is 1.20. Dnow's value of 1.14 is 5% below this benchmark. Historically, Dnow's own Quick Ratio has ranged from 1.11 to 2.20 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.20, 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 Quick Ratio for an Industrial Distribution company?
The median Quick Ratio among Industrial Distribution companies is 1.20, based on 157 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dnow's current Quick Ratio of 1.14 is 5% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Dnow and its competitors. For the Industrial Distribution industry, the median Quick Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dnow's current Quick Ratio is 1.14, which is 24% below median its own 10-year median of 1.50. 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?
Based on GuruFocus' analysis, Dnow (DNOW) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.27, compared to a current price of $13.44 — trading 12% below its estimated fair value. The current Quick Ratio is 1.14, which is 24% below median its 10-year median of 1.50 and 5% below the Industrial Distribution industry median of 1.20. Dnow's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Dnow (DNOW), the current Quick Ratio is 1.14 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 (DNOW) Overvalued in 2026?

Based on GuruFocus' analysis, Dnow stock appears to be undervalued. The current stock price of $13.44 is trading 12% below its estimated GF Value™ of $15.27. GuruFocus considers Dnow to be Modestly Undervalued.

Key valuation signals for DNOW:

  • Quick Ratio: 1.14 (24% below median its 10-year median of 1.50)
  • GF Value™: $15.27 vs. price of $13.44 (12% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 5% below the Industrial Distribution median (#85 of 157)

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


Dnow Business Description

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.
77GF Score

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

$13.44
Price
$15.27
GF Value