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DRQ - Dril-Quip, Inc.

NYSE -> Energy -> Oil & Gas Equipment & Services
Houston, United States
Type: Equity

DRQ price evolution
DRQ
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jul 2023 31 Mar 2023
Current assets
Cash $191.4 $181.07 $236.49 $235.34
Short term investments $25.91 $8.91 $18.8 $18.92
Net receivables $284 $287.64 $274.62 $282.5
Inventory $194.59 $183.25 $164.52 $152.77
Total current assets $719.72 $709.04 $755.16 $752.11
Long term investments
Property, plant & equipment $233.97 $228.04 $191.84 $189.61
Goodwill & intangible assets $58.59 $58.74 $22.06 $22.69
Total noncurrent assets $308.46 $298.53 $224.51 $223.28
Total investments $25.91 $8.91 $18.8 $18.92
Total assets $1028.18 $1007.57 $979.67 $975.4
Current liabilities
Accounts payable $65.7 $50.45 $54.42 $47.21
Deferred revenue $7.58 $8.1 $6.01 $7.27
Short long term debt $2.12 $2.06 $1.12 $1.23
Total current liabilities $117.7 $106.73 $88.12 $83.36
Long term debt $14.55 $14.38 $4.92 $5.18
Total noncurrent liabilities $29.22 $30.37 $12.13 $11.66
Total debt $16.67 $16.44 $6.04 $6.41
Total liabilities $146.92 $137.11 $100.26 $95.02
Shareholders' equity
Retained earnings $950.72 $948.93 $955.96 $955.04
Other shareholder equity -$170.09 -$176.98 -$172.49 -$168.03
Total shareholder equity $881.26 $870.46 $879.41 $880.38
(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 $) 31 Dec 2023 30 Sep 2023 30 Jul 2023 31 Mar 2023
Revenue
Total revenue $126.34 $117.24 $90.86
Cost of revenue $91.69 $85.6 $65.5
Gross Profit $34.66 $31.64 $25.36
Operating activities
Research & development $2.99 $3.06 $3.4
Selling, general & administrative $29.82 $26.99 $22.59
Total operating expenses $32.3 $36.65 $21.05
Operating income $2.36 -$5.01 $4.31
Income from continuing operations
EBIT -$2.48 -$3.76 $6.01
Income tax expense $3.86 $3.27 $3.62
Interest expense -$8.19 $0.08
Net income
Net income $1.84 -$7.03 $2.31
Income (for common shares) $1.84 -$7.03 $2.31
(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 $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $1.84 -$7.03 $3.48 $2.31
Operating activities
Depreciation $8.49 $7.9 $7.05 $6.89
Business acquisitions & disposals -$82.29
Stock-based compensation $3.17 $2.58 $2.57 $2.58
Total cash flows from operations $26.13 $23.23 $11.28 -$52.92
Investing activities
Capital expenditures -$0.1 -$4.38 -$9.41 $10.04
Investments -$17 $9.88 $0.13 $13.31
Total cash flows from investing -$17.1 -$76.78 -$9.28 $23.35
Financing activities
Dividends paid
Sale and purchase of stock
Net borrowings
Total cash flows from financing -$0.08 -$0.02 -$0.01 -$0.01
Effect of exchange rate $1.38 -$1.85 -$0.84 $0.12
Change in cash and equivalents $10.33 -$55.42 $1.15 -$29.46
(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
Fundamentals
Market cap $774.73M
Enterprise value $600.00M
Shares outstanding 34.39M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q 30.50%
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio 0.74
Book/Share 30.57
Cash/Share 5.57
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 0.17
Net debt/EBITDA N/A
Current ratio 6.11
Quick ratio 4.46