Dril-Quip is a manufacturer 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)
Dril-Quip was founded in 1981 and is headquartered in Houston, US
Report incorrect company information

Dril-Quip Office Locations

Dril-Quip has an office in Houston
Houston, US (HQ)
6401 N Eldridge Pkwy
Show all (1)
Report incorrect company information

Dril-Quip Financials and Metrics

Dril-Quip Financials

Dril-Quip's revenue was reported to be $455.47 m in FY, 2017
USD

Revenue (Q1, 2018)

99.2 m

Gross profit (Q1, 2018)

31.4 m

Gross profit margin (Q1, 2018), %

31.7%

Net income (Q1, 2018)

(7.4 m)

EBIT (Q1, 2018)

(6.3 m)

Market capitalization (23-May-2018)

1.8 b

Closing share price (23-May-2018)

47.4

Cash (31-Mar-2018)

495.6 m
Dril-Quip's current market capitalization is $1.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

872.4 m931 m844.3 m538.7 m455.5 m

Revenue growth, %

7%(9%)(36%)

Cost of goods sold

513.9 m513.5 m459.3 m328.4 m305.4 m

Gross profit

358.5 m417.4 m385 m210.3 m150.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

224.7 m204.1 m230.3 m241.8 m226 m215.3 m201.4 m166.6 m142.4 m123.6 m119.2 m127.9 m100.3 m99.2 m

Cost of goods sold

132.1 m110.8 m125 m135.3 m125.1 m117.7 m108.1 m93.1 m79.9 m77.6 m82.4 m87.5 m63.1 m67.8 m

Gross profit

92.6 m93.3 m105.3 m106.5 m100.9 m97.6 m93.3 m73.5 m62.6 m46 m36.8 m40.4 m37.3 m31.4 m

Gross profit Margin, %

41%46%46%44%45%45%46%44%44%37%31%32%37%32%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

384.4 m298.7 m381.3 m423.5 m493.2 m

Accounts Receivable

279.3 m374 m319.8 m213.5 m191.6 m

Inventories

355.4 m291.1 m

Current Assets

1.1 b1.1 b1.1 b1.1 b1 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

380.9 m420.9 m342.6 m315 m374.1 m382.7 m397 m423.4 m491.7 m542.6 m414.2 m437 m473 m495.6 m

Accounts Receivable

243.3 m266.1 m316.9 m331.6 m299.3 m299.4 m298.4 m328.1 m251.1 m221.6 m208.5 m221.6 m197.1 m193.9 m

Inventories

369.7 m397.4 m408.1 m407.9 m386.6 m383.8 m365.7 m343.1 m339.9 m351.1 m346.7 m330.5 m297.2 m276 m

Current Assets

1 b1.1 b1.1 b1.1 b1.1 b1.1 b1.1 b1.2 b1.1 b1.2 b1 b1 b992.5 m1 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

169.8 m208.7 m192 m93.2 m(100.6 m)

Depreciation and Amortization

29.3 m31.2 m30.5 m31.9 m41 m

Inventories

37.6 m

Accounts Payable

(8.6 m)54.2 m(89.4 m)(11.4 m)1.8 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

40 m42.6 m51.3 m55.7 m53.7 m39.2 m50.8 m36.8 m36.1 m19 m94 k(7.4 m)

Depreciation and Amortization

8.2 m

Inventories

17.2 m

Accounts Payable

55 m48.1 m59.7 m39.5 m44.7 m33.5 m20.3 m23.7 m25.7 m(7.4 m)
USDY, 2018

Financial Leverage

1.1 x
Show all financial metrics
Report incorrect company information

Dril-Quip News and Updates

Subsea Production System Market 2018 Global Analysis, Opportunities and Forecast To 2023

Subsea Production System -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday
Report incorrect company information