DRQ - Dril-Quip, Inc.
NYSE
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Energy
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Oil & Gas Equipment & Services
Houston,
United States
Type: Equity
DRQ price evolution
DRQ
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $189.22 | $202.3 | $191.4 | $181.07 |
| Short term investments | $4.02 | $25.91 | $8.91 | |
| Net receivables | $287.16 | $276.75 | $284 | $287.64 |
| Inventory | $204.73 | $209.16 | $194.59 | $183.25 |
| Total current assets | $707.55 | $715.14 | $719.72 | $709.04 |
| Long term investments | ||||
| Property, plant & equipment | $227.9 | $231.62 | $233.97 | $228.04 |
| Goodwill & intangible assets | $54.97 | $56.53 | $58.59 | $58.74 |
| Total noncurrent assets | $300.61 | $305.88 | $308.46 | $298.53 |
| Total investments | $4.02 | $25.91 | $8.91 | |
| Total assets | $1008.16 | $1021.03 | $1028.18 | $1007.57 |
| Current liabilities | ||||
| Accounts payable | $60.83 | $62.91 | $65.7 | $50.45 |
| Deferred revenue | $7.96 | $6.84 | $7.58 | $8.1 |
| Short long term debt | $2.45 | $2.3 | $2.12 | $2.06 |
| Total current liabilities | $126.43 | $133.56 | $117.7 | $106.73 |
| Long term debt | $14.94 | $14.54 | $14.55 | $14.38 |
| Total noncurrent liabilities | $29.2 | $30.11 | $29.22 | $30.37 |
| Total debt | $17.4 | $16.84 | $16.67 | $16.44 |
| Total liabilities | $155.63 | $163.66 | $146.92 | $137.11 |
| Shareholders' equity | ||||
| Retained earnings | $928.98 | $930.79 | $950.72 | $948.93 |
| Other shareholder equity | -$183.2 | -$176.79 | -$170.09 | -$176.98 |
| Total shareholder equity | $852.52 | $857.36 | $881.26 | $870.46 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $191.4 | $264.8 | $355.45 | $345.95 |
| Short term investments | $25.91 | $32.23 | ||
| Net receivables | $284 | $235.93 | $203.58 | $256.52 |
| Inventory | $194.59 | $146 | $145.72 | $212.54 |
| Total current assets | $719.72 | $752.59 | $745.55 | $863.19 |
| Long term investments | ||||
| Property, plant & equipment | $233.97 | $186.27 | $221.46 | $241.78 |
| Goodwill & intangible assets | $58.59 | $23.35 | $26.45 | $29.43 |
| Total noncurrent assets | $308.46 | $219.93 | $264.88 | $287.98 |
| Total investments | $25.91 | $32.23 | ||
| Total assets | $1028.18 | $972.51 | $1010.43 | $1151.17 |
| Current liabilities | ||||
| Accounts payable | $65.7 | $43.02 | $35.23 | $37.42 |
| Deferred revenue | $7.58 | $8.02 | $9.75 | $11.34 |
| Short long term debt | $2.12 | $1.05 | $1.05 | $1.11 |
| Total current liabilities | $117.7 | $87.56 | $93.66 | $85.51 |
| Long term debt | $14.55 | $0.1 | $4.17 | $5.84 |
| Total noncurrent liabilities | $29.22 | $10.04 | $19.66 | $24.13 |
| Total debt | $16.67 | $4.86 | $5.22 | $6.96 |
| Total liabilities | $146.92 | $97.6 | $113.32 | $109.64 |
| Shareholders' equity | ||||
| Retained earnings | $950.72 | $952.73 | $973.09 | $1125.26 |
| Other shareholder equity | -$170.09 | -$168.61 | -$156.59 | -$149.71 |
| Total shareholder equity | $881.26 | $874.92 | $897.11 | $1041.53 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $120.34 | $110.3 | $126.34 | $117.24 |
| Cost of revenue | $83.23 | $78.42 | $91.69 | $85.6 |
| Gross Profit | $37.11 | $31.88 | $34.66 | $31.64 |
| Operating activities | ||||
| Research & development | $3.59 | $3.74 | $2.99 | $3.06 |
| Selling, general & administrative | $29.77 | $29.99 | $29.82 | $26.99 |
| Total operating expenses | $35.11 | $52.58 | $32.3 | $36.65 |
| Operating income | $2 | -$20.7 | $2.36 | -$5.01 |
| Income from continuing operations | ||||
| EBIT | -$2.61 | -$16.61 | -$2.48 | -$3.76 |
| Income tax expense | -$0.8 | $3.38 | $3.86 | $3.27 |
| Interest expense | -$8.19 | |||
| Net income | ||||
| Net income | -$1.81 | -$19.98 | $1.84 | -$7.03 |
| Income (for common shares) | -$1.81 | -$19.98 | $1.84 | -$7.03 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $424.06 | $362.07 | $322.94 | $364.97 |
| Cost of revenue | $308.5 | $265.94 | $242.36 | $269.7 |
| Gross Profit | $115.56 | $96.14 | $80.59 | $95.28 |
| Operating activities | ||||
| Research & development | $12.65 | $11.74 | $15.1 | $18.92 |
| Selling, general & administrative | $101.52 | $94.21 | $115.04 | $95.06 |
| Total operating expenses | $115.11 | $97.37 | $205.43 | $158.83 |
| Operating income | $0.45 | -$1.24 | -$124.84 | -$63.56 |
| Income from continuing operations | ||||
| EBIT | $5.28 | $6.99 | -$124.26 | -$61.43 |
| Income tax expense | $12.86 | $6.33 | $2.95 | -$31.28 |
| Interest expense | -$8.19 | $0.22 | $0.79 | $0.62 |
| Net income | ||||
| Net income | $0.6 | $0.44 | -$128 | -$30.77 |
| Income (for common shares) | $0.6 | $0.44 | -$128 | -$30.77 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Net income | -$1.81 | -$19.98 | $1.84 | -$7.03 |
| Operating activities | ||||
| Depreciation | $8.01 | $8.43 | $8.49 | $7.9 |
| Business acquisitions & disposals | -$82.29 | |||
| Stock-based compensation | $3.38 | $2.79 | $3.17 | $2.58 |
| Total cash flows from operations | -$9.3 | -$4.1 | $26.13 | $23.23 |
| Investing activities | ||||
| Capital expenditures | -$6.02 | -$4.38 | -$0.1 | -$4.38 |
| Investments | $4.02 | $21.89 | -$17 | $9.88 |
| Total cash flows from investing | -$2.01 | $17.51 | -$17.1 | -$76.78 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | ||||
| Total cash flows from financing | -$0.18 | -$0.3 | -$0.08 | -$0.02 |
| Effect of exchange rate | -$1.59 | -$2.21 | $1.38 | -$1.85 |
| Change in cash and equivalents | -$13.08 | $10.9 | $10.33 | -$55.42 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $0.6 | $0.44 | -$128 | -$30.77 |
| Operating activities | ||||
| Depreciation | $30.32 | $29.42 | $30.38 | $32.39 |
| Business acquisitions & disposals | -$82.29 | |||
| Stock-based compensation | $10.89 | $10.36 | $14.89 | $12.91 |
| Total cash flows from operations | $7.73 | -$36.77 | $38.43 | -$21.09 |
| Investing activities | ||||
| Capital expenditures | -$3.85 | $2.13 | -$3.21 | -$5.63 |
| Investments | $6.32 | -$32.23 | ||
| Total cash flows from investing | -$79.81 | -$30.11 | -$3.21 | -$5.63 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$20.81 | -$24.19 | -$25 | |
| Net borrowings | ||||
| Total cash flows from financing | -$0.12 | -$20.89 | -$24.3 | -$25.18 |
| Effect of exchange rate | -$1.19 | -$2.88 | -$1.43 | -$1.09 |
| Change in cash and equivalents | -$73.4 | -$90.65 | $9.5 | -$52.99 |
News
Fundamentals
| Market cap | $530.91M |
|---|---|
| Enterprise value | $359.09M |
| Shares outstanding | 34.45M |
| Revenue | $474.23M |
|---|---|
| EBITDA | $7.37M |
| EBIT | -$25.46M |
| Net Income | -$26.99M |
| Revenue Q/Q | N/A |
| Revenue Y/Y | N/A |
| P/E ratio | -19.67 |
|---|---|
| EV/Sales | 0.76 |
| EV/EBITDA | 48.75 |
| EV/EBIT | -14.10 |
| P/S ratio | 1.12 |
| P/B ratio | 0.51 |
| Book/Share | 30.06 |
| Cash/Share | 5.49 |
| EPS | -$0.78 |
|---|---|
| ROA | -2.66% |
| ROE | -3.12% |
| Debt/Equity | 0.17 |
|---|---|
| Net debt/EBITDA | -4.56 |
| Current ratio | 5.60 |
| Quick ratio | 3.98 |