Rowan Companies

Rowan Companies is a major provider of global offshore drilling services. Our mission is focused on being the most efficient and capable provider of demanding contract drilling services. We are a market leader with one of the youngest fleets in our industry, including four ultra-deepwater drillships, three of which are currently under construction, and 30 jack-up rigs, 19 of which are rated high-specification. Rowan was founded in 1923 on the principle that people are more important than machines and tools. Today, we back our state-of-the-art equipment with an experienced leadership team and one of the most skilled and loyal workforces in the industry. Our dedicated employees are the power behind the Rowan legacy of operational excellence.

Type
Public
HQ
Houston, US
Size (employees)
2,917 (est)-16%
Website
rowan.com
Rowan Companies is headquartered in Houston, US

Rowan Companies Office Locations

Rowan Companies has offices in Houston, Aberdeen
Houston, US (HQ)
5450 Williams Tower 2800 Post Oak Blvd

Rowan Companies Metrics

Rowan Companies Financial Metrics

Revenue (2016)

$1.8 b

Revenue growth (2015-16), %

(14%)

Net income (2016)

$320.6 m

Market capitalization (21-Mar-2017)

$1.8 b

Closing share price (21-Mar-2017)

$14.6

Cash (31-Dec-2016)

$1.3 b
Rowan Companies's current market capitalization is $1.8 b.
Rowan Companies's revenue was reported to be $1.8 b in FY, 2016 which is a 13.7% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$1.6 b$1.8 b$2.1 b$1.8 b

Revenue growth, %

16%17%(14%)

Operating expense total

$1.8 b$1.3 b

EBIT

$331.7 m($166.7 m)$307.1 m$518.4 m

EBIT margin, %

21%(9%)14%28%

Interest income

$1.1 m$3.8 m

Pre tax profit

$325.6 m

Income tax expense

$64.4 m$5 m

Net Income

$252.6 m($114.9 m)$93.3 m$320.6 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$1.1 b$339.2 m$484.2 m$1.3 b

Accounts Receivable

Inventories

$45.5 m$29.3 m$26.5 m$23.5 m

Current Assets

$1.5 b$941.1 m$921.3 m$1.6 b

PP&E

$6.4 b$7.4 b$7.4 b

Total Assets

$8 b$8.4 b$8.3 b$8.7 b

Accounts Payable

Current Liabilities

$354.6 m$333.2 m$328.7 m$483.8 m

Additional Paid-in Capital

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

Retained Earnings

$3.6 b$3.5 b$3.5 b$3.8 b

Total Equity

$4.9 b$4.7 b$4.8 b$5.1 b

Financial Leverage

1.6 x1.8 x1.7 x1.7 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$252.6 m($114.9 m)$93.3 m$320.6 m

Depreciation and Amortization

$271 m$322.6 m$392.7 m$402.9 m

Accounts Receivable

Inventories

$16.3 m$568 k$9.2 m

Accounts Payable

$32.4 m($20.6 m)$23.2 m($4 m)

Cash From Operating Activities

$623.2 m$423 m$997 m

Capital Expenditures

($607.3 m)($2 b)($722.9 m)($117.6 m)

Cash From Investing Activities

($562.8 m)($1.9 b)($703.5 m)($111.4 m)

Dividends Paid

($37.7 m)($50.5 m)

Free Cash Flow

$1.2 b$2.4 b$1.7 b

Rowan Companies Market Value History

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