What is the Return on Assets (ROA) of DNOW this year?
The Return on Assets (ROA) of DNOW is 0.16 undefined this year.
DNOW ROA 2024
DNOW ROA
0.16
Ticker
DNOW
ISIN
US67011P1003
WKN
A113R6
In 2024, DNOW's return on assets (ROA) was 0.16, a 63.89% increase from the 0.1 ROA in the previous year.
DNOW Aktienanalyse
What does DNOW do?
NOW Inc is an internationally active company operating in the energy supply and oil and gas industry. It was founded in 2014 through the spin-off of the sales subsidiary of National Oilwell Varco Inc., which was established in 2008 and specialized in the energy and oil industry. NOW Inc has established itself as an independent company with over 6500 employees worldwide and has its headquarters in Houston, Texas. NOW Inc's business model is centered on the supply of equipment, components, spare parts, and services to improve the productivity and efficiency of customers in the oil and gas industry. The company serves as both a procurement center and a distributor, supplying products and services from over 400 manufacturers and suppliers categorized into the upstream, midstream, and downstream sectors. The upstream segment is the core segment of NOW Inc, specializing in the exploration, development, and production of oil and gas reserves. NOW Inc is a leading supplier in this field in North America, with Revolution Energy Services making a significant contribution. The company offers a wide range of equipment, ranging from drilling pipes, pumping systems, tools, and machinery to safety devices, testing systems, and lifting pumps. The midstream segment specializes in the transportation, processing, and distribution of oil and gas. NOW Inc offers innovative products and technologies to make the transportation of hydrocarbons more efficient and increase safety and environmental standards. The company provides a variety of products, such as pipes, pumps, valves, filters, fittings, and monitoring systems, to ensure the smooth operation of pipelines, refineries, and terminals. The downstream segment specializes in the processing of crude oil and natural gas. NOW Inc offers materials and solutions that improve productivity and efficiency in refineries, petrochemical plants, and fuel storage facilities. The company offers a wide range of products, such as plant and machinery components, heat exchangers, chemicals and catalysts, equipment, and processing software. NOW Inc works closely with manufacturers and OEMs to offer their customers a wide range of customized solutions. They ensure quick and effective access to essential products, spare parts, as well as maintenance and repair services. In conclusion, NOW Inc is one of the industry-leading companies in the oil and gas industry. With its extensive range of products and services covering all aspects of energy production and distribution, the company sets high standards and offers its customers a wide range of opportunities to enhance their competitiveness. DNOW ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding DNOW's Return on Assets (ROA)
DNOW's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing DNOW's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider DNOW's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in DNOW’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about DNOW stock
What was the ROA of DNOW compared to the previous year?
The ROA of DNOW has increased by 63.89% compared to the previous year.
What consequences do high ROA have for investors of DNOW?
A high ROA is advantageous for investors of DNOW, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in DNOW?
A low ROA can be unfavorable for investors of DNOW as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of DNOW affect the company?
An increase in ROA of DNOW can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of DNOW impact the company?
A reduction in the ROA of DNOW can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of DNOW?
Some factors that can influence the ROA of DNOW include revenue, operating costs, asset structure, and industry average.
Why is the ROA of DNOW important for investors?
The ROA of DNOW is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can DNOW take to improve ROA?
To improve ROA, DNOW can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does DNOW pay?
Over the past 12 months, DNOW paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, DNOW is expected to pay a dividend of 0 USD.
What is the dividend yield of DNOW?
The current dividend yield of DNOW is .
When does DNOW pay dividends?
DNOW pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of DNOW?
DNOW paid dividends every year for the past 0 years.
What is the dividend of DNOW?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is DNOW located?
DNOW is assigned to the 'Industry' sector.
Wann musste ich die Aktien von DNOW kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of DNOW from 8/1/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/1/2024.
When did DNOW pay the last dividend?
The last dividend was paid out on 8/1/2024.
What was the dividend of DNOW in the year 2023?
In the year 2023, DNOW distributed 0 USD as dividends.
In which currency does DNOW pay out the dividend?
The dividends of DNOW are distributed in USD.
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Andere Kennzahlen von DNOW
Our stock analysis for DNOW Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of DNOW Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
