Dnow (DNOW) Shares Outstanding (Diluted) (2012 - 2026)
Dnow's Shares Outstanding (Diluted) came in at 182.48 million for Q2 2026, up 72.1% from 106 million a year earlier but down 1.9% from the prior quarter.
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Analysis
Dnow (DNOW) Shares Outstanding (Diluted) (2012 - 2026) Analysis & Trends
For FY2025, Dnow's Shares Outstanding (Diluted) was 118 million, up 10.1% from FY2024.
- Shares Outstanding (Diluted) carries a five-year compound annual growth rate of 1.5% (FY2020 to FY2025).
- Going back by year, Shares Outstanding (Diluted) was 107.15 million in FY2024 (-1.2%), 108.42 million in FY2023 (-2.5%), 111.22 million in FY2022 (+0.7%) and 110.49 million in FY2021 (+1.0%).
- The five-year range for quarterly Shares Outstanding (Diluted) is 106 million (Q3 2025) to 186 million (Q1 2026).
- Year-over-year, Shares Outstanding (Diluted) has increased for three consecutive quarters, with growth averaging 18.8% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in Q1 2026 (growth of 73.8%), and the weakest in Q1 2024 (a decline of 3.5%).
- Business Quant data shows DNOW's Shares Outstanding (Diluted) at 186 million (Q1 2026), 118 million (Q4 2025) and 106 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.68 Bn | 56.66 Bn | 1.98 Bn | 47.20 Mn |
| 2 | Fastenal | 56.84 Bn | 55.76 Bn | 1.06 Bn | 1.15 Bn |
| 3 | Ferguson Enterprises | 43.23 Bn | 40.45 Bn | 2.32 Bn | 194.80 Mn |
| 4 | Sunbelt Rentals Holdings | 30.01 Bn | 29.89 Bn | 1.25 Bn | 411.31 Mn |
| 5 | Reliance | 19.64 Bn | 18.69 Bn | 1.30 Bn | 51.38 Mn |
| 6 | Wesco International | 17.52 Bn | 14.83 Bn | 1.46 Bn | 49.40 Mn |
| 7 | Applied Industrial Technologies | 12.22 Bn | 12.09 Bn | 411.22 Mn | 37.86 Mn |
| 8 | Watsco | 10.77 Bn | 8.93 Bn | 578.93 Mn | 38.19 Mn |
| 9 | Avantor | 10.19 Bn | 8.98 Bn | 537.00 Mn | 677.20 Mn |
| 10 | Dnow | 2.80 Bn | 2.15 Bn | 243.00 Mn | 182.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 182.48 Mn |
| Mar 31, 2026 | 186.00 Mn |
| Dec 31, 2025 | 118.00 Mn |
| Sep 30, 2025 | 106.00 Mn |
| Jun 30, 2025 | 106.00 Mn |
| Mar 31, 2025 | 107.00 Mn |
| Dec 31, 2024 | 107.15 Mn |
| Sep 30, 2024 | 107.01 Mn |
| Jun 30, 2024 | 108.00 Mn |
| Mar 31, 2024 | 107.35 Mn |
| Dec 31, 2023 | 108.42 Mn |
| Sep 30, 2023 | 108.12 Mn |
| Jun 30, 2023 | 108.13 Mn |
| Mar 31, 2023 | 111.22 Mn |
| Dec 31, 2022 | 111.22 Mn |
| Sep 30, 2022 | 111.43 Mn |
| Jun 30, 2022 | 111.07 Mn |
| Mar 31, 2022 | 111.00 Mn |
| Dec 31, 2021 | 110.49 Mn |
| Sep 30, 2021 | 111.00 Mn |
API Access
Dnow Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=DNOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "DNOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=DNOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();