Strong Free Cash Flow Generation
NOW Inc. generated $289 million in free cash flow for the full year 2024, marking one of the best years since 2015, with a conversion rate of 165%.
Successful Acquisition Strategy
Completed the acquisition of Trojan, enhancing water management solutions and providing significant synergies with existing offerings.
Increased Share Repurchase Program
The board authorized a new $160 million share repurchase program, double the size of the previous one, reflecting confidence in the company's cash generation capabilities.
Revenue Growth in Energy Evolution Space
Revenues in the energy evolution space grew by more than 60%, from $30 million in 2023 to over $50 million in 2024.
Strong Digital Integration
Completed various digital customer integrations, improving efficiencies, reducing errors, and enhancing transaction speed.