Dril-Quip (DRQ) stock price, revenue, and financials

Dril-Quip market cap is $1 b, and annual revenue was $364.97 m in FY 2020

$1 B

DRQ Mkt cap, 13-May-2022

$80.8 M

Dril-Quip Revenue Q2, 2021
Dril-Quip Gross profit (Q2, 2021)19.3 M
Dril-Quip Gross profit margin (Q2, 2021), %23.8%
Dril-Quip Net income (Q2, 2021)-19.1 M
Dril-Quip EBIT (Q2, 2021)-14.7 M
Dril-Quip Cash, 30-Jun-2021370.5 M
Dril-Quip EV650 M
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Dril-Quip Revenue

Dril-Quip revenue was $364.97 m in FY, 2020 which is a 12% year over year decrease from the previous period.

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Dril-Quip Revenue Breakdown

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Dril-Quip revenue breakdown by business segment: 70.9% from Products, 20.7% from Services and 8.4% from Leasing

Dril-Quip revenue breakdown by geographic segment: 21.4% from Eastern Hemisphere, 19.6% from Asia Pacific Hemisphere and 59.0% from Western Hemisphere

Dril-Quip Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

384.6m414.8m365.0m

Revenue growth, %

8%(12%)

Cost of goods sold

271.5m295.0m269.7m

Gross profit

113.1m119.8m95.3m

Gross profit Margin, %

29%29%26%

R&D expense

39.4m17.3m18.9m

General and administrative expense

104.0m96.8m95.1m

Operating expense total

143.6m118.5m149.4m

EBIT

(122.7m)2.8m(63.6m)

EBIT margin, %

(32%)1%(17%)

Interest expense

291.0k314.0k621.0k

Interest income

8.0m7.9m2.1m

Pre tax profit

(115.0m)10.4m(62.0m)

Income tax expense

(19.3m)8.7m(31.3m)

Net Income

(95.7m)1.7m(30.8m)

EPS

(2.6)0.1(0.9)

Dril-Quip Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

418.1m398.9m346.0m

Accounts Receivable

202.2m107.6m116.2m

Inventories

191.2m205.1m212.5m

Current Assets

853.0m880.5m863.2m

PP&E

274.1m258.5m234.8m

Goodwill

7.7m7.9m

Total Assets

1.2b1.2b1.2b

Accounts Payable

26.7m46.3m37.4m

Short-term debt

1.3m1.1m

Current Liabilities

82.3m96.9m85.5m

Long-term debt

3.8m5.8m

Total Debt

5.1m7.0m

Total Liabilities

96.3m115.9m109.6m

Common Stock

376.0k371.0k363.0k

Additional Paid-in Capital

35.0m52.9m65.6m

Retained Earnings

1.2b1.2b1.1b

Total Equity

1.1b1.1b1.0b

Debt to Equity Ratio

0 x0 x

Debt to Assets Ratio

0 x0 x

Financial Leverage

1.1 x1.1 x1.1 x

Dril-Quip Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

(95.7m)1.7m(30.8m)

Depreciation and Amortization

35.3m34.0m32.4m

Accounts Receivable

(11.9m)10.8m(9.5m)

Inventories

49.9m(14.1m)(28.3m)

Accounts Payable

(18.8m)15.3m(20.4m)

Cash From Operating Activities

45.5m14.7m(21.1m)

Purchases of PP&E

(32.1m)(11.5m)(11.9m)

Cash From Investing Activities

(15.2m)(8.5m)(5.6m)

Cash From Financing Activities

(99.2m)(24.6m)(25.2m)

Net Change in Cash

(75.1m)(19.2m)(53.0m)

Dril-Quip Ratios

USDFY, 2018

Revenue/Employee

209.7k

Financial Leverage

1.1 x

Dril-Quip Operating Metrics

Dril-Quip's Backlog was reported to be $191.2k in Q2, 2021.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

Average Selling Price per Barrel

$71.34$67.93$69.04$61.95$64.28$50.27$41.64$42.91$41.96$61.04$68.98

Backlog

$269.97 k$303.7 k$322.2 k$250.67 k$272.54 k$261.13 k$237.87 k$221.57 k$195.65 k$196.66 k$191.19 k

Floating Rig Count

146153159158156152138132126126125

Jack-up Rig Count

341351367380384384359347335349354

Dril-Quip Employee Rating

3.7191 votes
Culture & Values
2.8
Work/Life Balance
3
Senior Management
2.7
Salary & Benefits
3.2
Career Opportunities
2.8
Source