McDermott International

McDermott is a leading provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments worldwide. The Company delivers fixed and floating production facilities, pipelines and subsea systems from concept to commissioning for complex Offshore and Subsea oil and gas projects to help oil companies safely produce and transport hydrocarbons. Our clients include national and major energy companies. Operating in more than 20 countries across the world, our locally focused and globally integrated resources include approximately 11,700 employees, a diversified fleet of specialty marine construction vessels, fabrication facilities and engineering offices. We are renowned for our extensive knowledge and experience, technological advancements, performance records, superior safety and commitment to deliver. McDermott has served the energy industry since 1923 and is listed on the New York Stock Exchange.
Company Growth (employees)
Type
Public
HQ
Houston, US
Founded
1923
Size (employees)
12,400 (est)
McDermott International was founded in 1923 and is headquartered in Houston, US

McDermott International Office Locations

McDermott International has offices in Houston, Boston, Chicago, Dallas and in 16 other locations
Houston, US (HQ)
757 N Eldridge Pkwy
Boston, US
28 State St
Chicago, US
At&T Center 227 W Monroe St
Dallas, US
1900 2501 N Harwood St
Los Angeles, US
Century Plaza Towers 2049 Century Park E
Miami, US
4500 333 SE 2nd Ave
Show all (20)

McDermott International Financials and Metrics

McDermott International Financials

McDermott International's revenue was reported to be $2.6 b in FY, 2016
USD

Revenue (Q3, 2017)

958.5 m

Gross profit (Q3, 2017)

184.6 m

Gross profit margin (Q3, 2017), %

19%

Net income (Q3, 2017)

92.9 m

EBIT (Q3, 2017)

127.1 m

Market capitalization (11-Dec-2017)

2.1 b

Cash (30-Sep-2017)

416.4 m

EV

2.2 b
McDermott International's current market capitalization is $2.1 b.
USDFY, 2013Y, 2014Y, 2015FY, 2016

Revenue

2.7 b2.3 b3.1 b2.6 b

Revenue growth, %

(13%)33%(14%)

Cost of goods sold

2.8 b2.1 b2.7 b2.2 b

Gross profit

(142.5 m)187.9 m379 m386.4 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

686.9 m603.8 m476.1 m414.6 m550.5 m1 b805.9 m729 m706.6 m558.5 m519.4 m788.7 m958.5 m

Cost of goods sold

686.4 m591.5 m432.3 m370.3 m475.5 m925.5 m721 m616 m595.4 m455.5 m428.6 m650.4 m773.9 m

Gross profit

441 k12.3 m43.8 m44.3 m75 m121 m84.9 m113 m111.2 m103 m90.8 m138.2 m184.6 m

Gross profit Margin, %

0%2%9%11%14%12%11%15%16%18%17%18%19%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

118.7 m665.3 m664.8 m595.9 m

Accounts Receivable

26.5 m

Current Assets

1.1 b1.5 b1.5 b1.3 b

PP&E

1.7 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

282.4 m268.1 m764 m644 m576.6 m631.4 m696.1 m470 m500.5 m623.5 m393.7 m416.4 m

Current Assets

1.4 b1.3 b1.7 b1.6 b1.6 b1.5 b1.5 b1.3 b1.3 b1.4 b1.4 b1.6 b

PP&E

1.7 b1.7 b1.7 b1.7 b

Goodwill

41.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(498 m)(65.4 m)(8.8 m)36.3 m

Depreciation and Amortization

84.6 m93.2 m100.3 m89.9 m

Accounts Receivable

30.2 m166 m(83 m)(89.8 m)

Accounts Payable

(17.5 m)(154.4 m)78.6 m(101.8 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

(59 m)(49.4 m)(9.1 m)(29.4 m)(12 m)1.6 m9.2 m(2.4 m)19.4 m35.8 m24.2 m60.7 m153.6 m

Depreciation and Amortization

25.3 m51.4 m76 m20.6 m42 m66.9 m21.4 m49.7 m78 m

Accounts Receivable

(69.2 m)(147.3 m)11.3 m(61.2 m)(30.8 m)(29.7 m)161.3 m37.5 m119.6 m

Accounts Payable

110.8 m120.6 m98.6 m16.8 m(65.2 m)(110.2 m)95.3 m260.1 m338.9 m
USDY, 2017

EV/EBIT

17.4 x

Revenue/Employee

77.3 k

Financial Leverage

2 x
Show all financial metrics

McDermott International Market Value History

McDermott International's Web-traffic and Trends

McDermott International Online and Social Media Presence

McDermott International Company Life and Culture

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