DNOW INC.
At today's price, DNOW INC. (DNOW) is priced for today's economics sustained for ~13.2 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
DNOW just doubled in size by acquiring MRC Global, which closed in November 2025, so the trailing numbers describe a company mid-integration rather than its steady state. First-quarter revenue nearly doubled to $1.18 billion, but a GAAP loss reflected merger charges, not operating decline. The trailing operating loss of about $172 million is distorted by merger-related inventory step-up and integration costs; free cash flow is still positive at about $53 million and book value is about $11.51 a
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307 institutional managers reported holding DNOW in 13F filings for the quarter ended 2026-03-31. 63 opened new positions that quarter. Held by BlackRock, Vanguard Group, Wellington Management, among others. On the short side, 14.2M shares were sold short as of the 2026-06-15 count, about 8% of shares outstanding (5.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
DNOW's share count grew 68.2% over the past five years even with $168.00M spent on repurchases. It pays no dividend. Cash returned over the past three years: $117.00M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at DNOW over the trailing three years. Absence is a fact about the company, not a signal. 15 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
DNOW's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-03 | -10.1% | +10.0% |
| 2023-11-03 | -3.4% | -1.1% |
| 2024-02-16 | +23.8% | +20.7% |
| 2024-05-11 | -11.0% | +2.2% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
DNOW's latest 8-K filings: 2026-05-20 (items 5.07); 2026-05-07 (items 2.02, 9.01); 2026-02-27 (items 5.02); 2026-02-20 (items 2.02, 9.01); 2025-11-06 (items 1.01, 2.01, 2.03, 5.02, 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.