Dril-Quip

Dril-Quip, Inc. is one of the world's leading manufacturers of precision-engineered offshore drilling and production equipment that is well suited for use in deepwater, harsh environments and severe service applications. The Company designs and manufactures subsea, surface and offshore rig equipment for use by oil and gas companies in offshore areas throughout the world. Dril-Quip also provides installation and reconditioning services, as well as rental running tools for use with its products.
Type
Public
HQ
Houston, US
Founded
1981
Size (employees)
2,355 (est)+2%
Dril-Quip was founded in 1981 and is headquartered in Houston, US

Dril-Quip Office Locations

Dril-Quip has an office in Houston
Houston, US (HQ)
6401 N Eldridge Pkwy

Dril-Quip Metrics

Dril-Quip Financial Metrics

Revenue (2016)

$538.7 m

Revenue growth (2015-16), %

(36%)

Gross profit

$210.3 m

Gross profit margin (2016), %

39%

Net income (2016)

$93.2 m

Market capitalization (28-Apr-2017)

$2 b

Closing share price (28-Apr-2017)

$52.9

Cash (31-Dec-2016)

$423.5 m
Dril-Quip's current market capitalization is $2 b.
Dril-Quip's revenue was reported to be $538.7 m in FY, 2016 which is a 36% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$872.4 m$931 m$844.3 m$538.7 m

Revenue growth, %

7%(9%)(36%)

Cost of goods sold

$513.9 m$513.5 m$459.3 m$328.4 m

Gross profit

$358.5 m$417.4 m$385 m$210.3 m

Gross profit Margin, %

41%45%46%39%

Operating expense total

$134.9 m$138.7 m$136.2 m$425.9 m

EBIT

$223.5 m$278.7 m$248.8 m$112.9 m

EBIT margin, %

26%30%29%21%

Interest expense

($35 k)($35 k)($12 k)($28 k)

Interest income

$587 k$667 k$948 k$3 m

Pre tax profit

$224.1 m$279.4 m$249.8 m$115.9 m

Income tax expense

$54.3 m$70.7 m$57.8 m$22.6 m

Net Income

$169.8 m$208.7 m$192 m$93.2 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$384.4 m$298.7 m$381.3 m$423.5 m

Accounts Receivable

$279.3 m$374 m$319.8 m$213.5 m

Inventories

Current Assets

$1.1 b$1.1 b$1.1 b$1.1 b

PP&E

$304.8 m$309.5 m$294.3 m$323.1 m

Goodwill

$34.4 m

Total Assets

$1.4 b$1.4 b$1.4 b$1.5 b

Accounts Payable

$38.8 m$53.8 m$30.9 m$36.1 m

Current Liabilities

$142.8 m$198.6 m$100.8 m$101.5 m

Additional Paid-in Capital

$192 m$16.5 m$16.5 m$5.5 m

Retained Earnings

$1.1 b$1.3 b$1.4 b$1.5 b

Total Equity

$1.2 b$1.2 b$1.3 b$1.4 b

Financial Leverage

1.1 x1.2 x1.1 x1.1 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$169.8 m$208.7 m$192 m$93.2 m

Depreciation and Amortization

$29.3 m$31.2 m$30.5 m$31.9 m

Accounts Receivable

($17 m)($100 m)$36.7 m$107 m

Inventories

Accounts Payable

($8.6 m)$54.2 m($89.4 m)($11.4 m)

Cash From Operating Activities

$162.2 m$149.3 m$190.2 m$246.5 m

Cash From Investing Activities

($41.9 m)($41.6 m)($26.7 m)($157.8 m)

Cash From Financing Activities

$3.4 m($186.8 m)($73.6 m)($21.9 m)

Dril-Quip Market Value History

Dril-Quip Company Life

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