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DNOW vs Weatherford International: revenue, profit, margins and growth compared

DNOW brought in $2.8B of revenue in fiscal 2025, Weatherford International $4.9B in fiscal 2025. Revenue changed by +18.8% at DNOW and -10.8% at Weatherford International on the year before, so DNOW grew faster. DNOW kept -3.2% of its revenue as net profit, Weatherford International 8.8%. Free cash flow was $134M at DNOW and $450M at Weatherford International.

Side by side, latest fiscal year

DNOWWFRD
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.8B$4.9B
Revenue growth+18.8%-10.8%
Net income-$89M$431M
Net margin-3.2%8.8%
Free cash flow$134M$450M
Free cash flow margin4.8%9.2%
Earnings per share (diluted)-$0.76$5.93
Cash$164M$987M
Debt$411M$1.4B
Price to earningsn/a14.3
Market value$2.9B$6.1B
Dividend yieldn/a1.18%
Rank by revenue in sector#300 of 778 · Consumer discretionary#206 of 778 · Consumer discretionary

Over the years

Revenue
DNOW FY2018: $3.1BDNOW FY2019: $3BDNOW FY2020: $1.6BDNOW FY2021: $1.6BDNOW FY2022: $2.1BDNOW FY2023: $2.3BDNOW FY2024: $2.4BDNOW FY2025: $2.8BWFRD FY2019: $5BWFRD FY2019: $5BWFRD FY2020: $3.7BWFRD FY2021: $3.6BWFRD FY2022: $4.3BWFRD FY2023: $5.1BWFRD FY2024: $5.5BWFRD FY2025: $4.9BFY18FY19FY20FY21FY22FY23FY24FY25
DNOW $2.8BWFRD $4.9B
Net income
DNOW FY2018: $52MDNOW FY2019: -$97MDNOW FY2020: -$427MDNOW FY2021: $5MDNOW FY2022: $128MDNOW FY2023: $250MDNOW FY2024: $78MDNOW FY2025: -$89MWFRD FY2019: $3.7BWFRD FY2019: $3.7BWFRD FY2020: -$1.9BWFRD FY2021: -$450MWFRD FY2022: $26MWFRD FY2023: $417MWFRD FY2024: $506MWFRD FY2025: $431MFY18FY19FY20FY21FY22FY23FY24FY25
DNOW -$89MWFRD $431M
Net margin
DNOW FY2018: 1.7%DNOW FY2019: -3.3%DNOW FY2020: -26.4%DNOW FY2021: 0.3%DNOW FY2022: 6.0%DNOW FY2023: 10.8%DNOW FY2024: 3.3%DNOW FY2025: -3.2%WFRD FY2019: 73.9%WFRD FY2019: 73.9%WFRD FY2020: -52.1%WFRD FY2021: -12.3%WFRD FY2022: 0.6%WFRD FY2023: 8.1%WFRD FY2024: 9.2%WFRD FY2025: 8.8%FY18FY19FY20FY21FY22FY23FY24FY25
DNOW -3.2%WFRD 8.8%
Revenue growth
DNOW FY2019: -5.6%DNOW FY2020: -45.1%DNOW FY2021: +0.8%DNOW FY2022: +30.9%DNOW FY2023: +8.7%DNOW FY2024: +2.2%DNOW FY2025: +18.8%WFRD FY2019: 0.0%WFRD FY2020: -25.6%WFRD FY2021: -1.1%WFRD FY2022: +18.8%WFRD FY2023: +18.6%WFRD FY2024: +7.4%WFRD FY2025: -10.8%FY19FY20FY21FY22FY23FY24FY25
DNOW +18.8%WFRD -10.8%
Free cash flow
DNOW FY2018: $62MDNOW FY2019: $212MDNOW FY2020: $181MDNOW FY2021: $25MDNOW FY2022: -$9MDNOW FY2023: $171MDNOW FY2024: $289MDNOW FY2025: $134MWFRD FY2019: -$997MWFRD FY2020: $56MWFRD FY2021: $237MWFRD FY2022: $217MWFRD FY2023: $623MWFRD FY2024: $493MWFRD FY2025: $450MFY18FY19FY20FY21FY22FY23FY24FY25
DNOW $134MWFRD $450M

Fiscal years as each company reports them; the two may end in different months.

Questions about DNOW and Weatherford International

Which is bigger by revenue, DNOW or Weatherford International?

Weatherford International is bigger by revenue: $4.9B in fiscal 2025, against $2.8B for DNOW in fiscal 2025.

Which keeps more of its revenue as profit, DNOW or Weatherford International?

DNOW had a net margin of -3.2% in fiscal 2025; Weatherford International had 8.8% in fiscal 2025.

Which grew revenue faster, DNOW or Weatherford International?

In their latest fiscal years revenue changed by +18.8% at DNOW and -10.8% at Weatherford International.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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