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.
Houston, US
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 office in Houston
Houston, US

Dril-Quip Metrics

Dril-Quip Summary

Market capitalization

$2 b

Closing share price

Dril-Quip's current market capitalization is $2 b.

Dril-Quip Financials

Dril-Quip's revenue is $872.4 m in FY, 2013 which is a 6.3% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016


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

Revenue growth, %


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

Operating expense total

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


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

Interest expense

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

Interest income

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

Income tax expense

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

Pre tax profit

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

Net Income

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

Operating cash flow

$127.2 m($85.7 m)$82.6 m

Dril-Quip Market Value History

Dril-Quip Company Life

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