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Side-by-side financial comparison of DNOW Inc. (DNOW) and Fortune Brands Innovations, Inc. (FBIN). Click either name above to swap in a different company.

Fortune Brands Innovations, Inc. is the larger business by last-quarter revenue ($1.1B vs $959.0M, roughly 1.1× DNOW Inc.). Fortune Brands Innovations, Inc. runs the higher net margin — 7.1% vs -16.8%, a 23.9% gap on every dollar of revenue. On growth, DNOW Inc. posted the faster year-over-year revenue change (68.0% vs -2.4%). Fortune Brands Innovations, Inc. produced more free cash flow last quarter ($183.7M vs $76.0M). Over the past eight quarters, DNOW Inc.'s revenue compounded faster (30.5% CAGR vs -1.5%).

DNOW Inc., operating under the trade name DistributionNOW, is a global industrial and energy products distributor. It provides supply chain management, inventory optimization, and technical support services, offering parts, equipment, and consumables for oil and gas, renewable energy, manufacturing, and construction sectors, with operations spanning North America, Europe, and Asia-Pacific.

Fortune Brands Innovations, Inc. is an American manufacturer of home and security products, headquartered in Deerfield, Illinois. Its portfolio of businesses and brands includes Moen and the House of Rohl; outdoor living and security products from Therma-Tru, Larson, Fiberon, Master Lock and SentrySafe; and MasterBrand Cabinets. Fortune Brands is a Fortune 500 company and part of the S&P 400 Index. As of December 31, 2021, the company reported employing approximately 28,000 associates and pos...

DNOW vs FBIN — Head-to-Head

Bigger by revenue
FBIN
FBIN
1.1× larger
FBIN
$1.1B
$959.0M
DNOW
Growing faster (revenue YoY)
DNOW
DNOW
+70.4% gap
DNOW
68.0%
-2.4%
FBIN
Higher net margin
FBIN
FBIN
23.9% more per $
FBIN
7.1%
-16.8%
DNOW
More free cash flow
FBIN
FBIN
$107.7M more FCF
FBIN
$183.7M
$76.0M
DNOW
Faster 2-yr revenue CAGR
DNOW
DNOW
Annualised
DNOW
30.5%
-1.5%
FBIN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DNOW
DNOW
FBIN
FBIN
Revenue
$959.0M
$1.1B
Net Profit
$-161.0M
$76.3M
Gross Margin
5.2%
43.8%
Operating Margin
-19.6%
11.3%
Net Margin
-16.8%
7.1%
Revenue YoY
68.0%
-2.4%
Net Profit YoY
-905.0%
-27.3%
EPS (diluted)
$-1.42
$0.63

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DNOW
DNOW
FBIN
FBIN
Q4 25
$959.0M
$1.1B
Q3 25
$634.0M
$1.1B
Q2 25
$628.0M
$1.2B
Q1 25
$599.0M
$1.0B
Q4 24
$571.0M
$1.1B
Q3 24
$606.0M
$1.2B
Q2 24
$633.0M
$1.2B
Q1 24
$563.0M
$1.1B
Net Profit
DNOW
DNOW
FBIN
FBIN
Q4 25
$-161.0M
$76.3M
Q3 25
$25.0M
$70.8M
Q2 25
$25.0M
$100.3M
Q1 25
$22.0M
$51.4M
Q4 24
$20.0M
$105.0M
Q3 24
$13.0M
$136.6M
Q2 24
$24.0M
$133.9M
Q1 24
$21.0M
$96.4M
Gross Margin
DNOW
DNOW
FBIN
FBIN
Q4 25
5.2%
43.8%
Q3 25
22.9%
45.2%
Q2 25
22.9%
45.1%
Q1 25
23.2%
44.0%
Q4 24
22.6%
46.0%
Q3 24
22.3%
45.9%
Q2 24
21.8%
43.6%
Q1 24
22.9%
43.9%
Operating Margin
DNOW
DNOW
FBIN
FBIN
Q4 25
-19.6%
11.3%
Q3 25
5.2%
11.0%
Q2 25
5.1%
14.3%
Q1 25
5.0%
9.4%
Q4 24
4.4%
16.1%
Q3 24
3.8%
17.8%
Q2 24
5.2%
16.1%
Q1 24
5.0%
14.0%
Net Margin
DNOW
DNOW
FBIN
FBIN
Q4 25
-16.8%
7.1%
Q3 25
3.9%
6.2%
Q2 25
4.0%
8.3%
Q1 25
3.7%
5.0%
Q4 24
3.5%
9.5%
Q3 24
2.1%
11.8%
Q2 24
3.8%
10.8%
Q1 24
3.7%
8.7%
EPS (diluted)
DNOW
DNOW
FBIN
FBIN
Q4 25
$-1.42
$0.63
Q3 25
$0.23
$0.59
Q2 25
$0.23
$0.83
Q1 25
$0.20
$0.42
Q4 24
$0.19
$0.84
Q3 24
$0.12
$1.09
Q2 24
$0.21
$1.06
Q1 24
$0.19
$0.76

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DNOW
DNOW
FBIN
FBIN
Cash + ST InvestmentsLiquidity on hand
$164.0M
$264.0M
Total DebtLower is stronger
$411.0M
$2.5B
Stockholders' EquityBook value
$2.2B
$2.4B
Total Assets
$3.9B
$6.5B
Debt / EquityLower = less leverage
0.18×
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNOW
DNOW
FBIN
FBIN
Q4 25
$164.0M
$264.0M
Q3 25
$266.0M
$223.9M
Q2 25
$232.0M
$234.7M
Q1 25
$219.0M
$340.0M
Q4 24
$256.0M
$381.1M
Q3 24
$261.0M
$344.8M
Q2 24
$197.0M
$352.6M
Q1 24
$188.0M
$359.7M
Total Debt
DNOW
DNOW
FBIN
FBIN
Q4 25
$411.0M
$2.5B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.7B
Q4 24
$0
$2.7B
Q3 24
$2.7B
Q2 24
$2.7B
Q1 24
$2.7B
Stockholders' Equity
DNOW
DNOW
FBIN
FBIN
Q4 25
$2.2B
$2.4B
Q3 25
$1.2B
$2.4B
Q2 25
$1.2B
$2.3B
Q1 25
$1.1B
$2.3B
Q4 24
$1.1B
$2.4B
Q3 24
$1.1B
$2.4B
Q2 24
$1.1B
$2.3B
Q1 24
$1.1B
$2.3B
Total Assets
DNOW
DNOW
FBIN
FBIN
Q4 25
$3.9B
$6.5B
Q3 25
$1.7B
$6.5B
Q2 25
$1.7B
$6.6B
Q1 25
$1.7B
$6.6B
Q4 24
$1.6B
$6.6B
Q3 24
$1.6B
$6.6B
Q2 24
$1.6B
$6.7B
Q1 24
$1.6B
$6.8B
Debt / Equity
DNOW
DNOW
FBIN
FBIN
Q4 25
0.18×
1.07×
Q3 25
0.91×
Q2 25
0.93×
Q1 25
1.16×
Q4 24
0.00×
1.10×
Q3 24
1.12×
Q2 24
1.15×
Q1 24
1.17×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DNOW
DNOW
FBIN
FBIN
Operating Cash FlowLast quarter
$83.0M
$208.2M
Free Cash FlowOCF − Capex
$76.0M
$183.7M
FCF MarginFCF / Revenue
7.9%
17.0%
Capex IntensityCapex / Revenue
0.7%
2.3%
Cash ConversionOCF / Net Profit
2.73×
TTM Free Cash FlowTrailing 4 quarters
$134.0M
$366.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNOW
DNOW
FBIN
FBIN
Q4 25
$83.0M
$208.2M
Q3 25
$43.0M
$204.4M
Q2 25
$45.0M
$149.4M
Q1 25
$-16.0M
$-83.4M
Q4 24
$122.0M
$272.3M
Q3 24
$74.0M
$205.3M
Q2 24
$21.0M
$261.5M
Q1 24
$81.0M
$-71.3M
Free Cash Flow
DNOW
DNOW
FBIN
FBIN
Q4 25
$76.0M
$183.7M
Q3 25
$39.0M
$177.0M
Q2 25
$41.0M
$118.7M
Q1 25
$-22.0M
$-112.6M
Q4 24
$119.0M
$212.1M
Q3 24
$72.0M
$175.6M
Q2 24
$18.0M
$222.7M
Q1 24
$80.0M
$-135.9M
FCF Margin
DNOW
DNOW
FBIN
FBIN
Q4 25
7.9%
17.0%
Q3 25
6.2%
15.4%
Q2 25
6.5%
9.9%
Q1 25
-3.7%
-10.9%
Q4 24
20.8%
19.2%
Q3 24
11.9%
15.2%
Q2 24
2.8%
18.0%
Q1 24
14.2%
-12.2%
Capex Intensity
DNOW
DNOW
FBIN
FBIN
Q4 25
0.7%
2.3%
Q3 25
0.6%
2.4%
Q2 25
0.6%
2.6%
Q1 25
1.0%
2.8%
Q4 24
0.5%
5.5%
Q3 24
0.3%
2.6%
Q2 24
0.5%
3.1%
Q1 24
0.2%
5.8%
Cash Conversion
DNOW
DNOW
FBIN
FBIN
Q4 25
2.73×
Q3 25
1.72×
2.89×
Q2 25
1.80×
1.49×
Q1 25
-0.73×
-1.62×
Q4 24
6.10×
2.59×
Q3 24
5.69×
1.50×
Q2 24
0.88×
1.95×
Q1 24
3.86×
-0.74×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DNOW
DNOW

Pipelines$455.0M47%
Downstream And Industrial$196.0M20%
Gas Utilities$183.0M19%
Oil And Gas Properties$105.0M11%
Other$20.0M2%

FBIN
FBIN

Wholesale Retail Trade$526.7M49%
Home Center Retailer$257.1M24%
Security Segment$165.8M15%
Other Retailer$118.2M11%

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