Company Quick10K Filing
Dril-Quip
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 36 $1,585
10-Q 2019-10-25 Quarter: 2019-09-30
10-Q 2019-07-25 Quarter: 2019-06-30
10-Q 2019-04-25 Quarter: 2019-03-31
10-K 2019-02-27 Annual: 2018-12-31
10-Q 2018-10-25 Quarter: 2018-09-30
10-Q 2018-07-26 Quarter: 2018-06-30
10-Q 2018-04-26 Quarter: 2018-03-31
10-K 2018-02-27 Annual: 2017-12-31
10-Q 2017-10-27 Quarter: 2017-09-30
10-Q 2017-07-28 Quarter: 2017-06-30
10-Q 2017-04-27 Quarter: 2017-03-31
10-K 2017-02-28 Annual: 2016-12-31
10-Q 2016-10-27 Quarter: 2016-09-30
10-Q 2016-07-29 Quarter: 2016-06-30
10-Q 2016-04-26 Quarter: 2016-03-31
10-K 2016-02-25 Annual: 2015-12-31
10-Q 2015-10-29 Quarter: 2015-09-30
10-Q 2015-07-30 Quarter: 2015-06-30
10-Q 2015-04-30 Quarter: 2015-03-31
10-K 2015-02-27 Annual: 2014-12-31
10-Q 2014-10-31 Quarter: 2014-09-30
10-Q 2014-07-30 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-02-28 Annual: 2013-12-31
10-Q 2013-11-01 Quarter: 2013-09-30
10-Q 2013-08-02 Quarter: 2013-06-30
10-Q 2013-05-03 Quarter: 2013-03-31
10-K 2013-02-28 Annual: 2012-12-31
10-Q 2012-11-09 Quarter: 2012-09-30
10-Q 2012-05-07 Quarter: 2012-03-31
10-K 2012-02-27 Annual: 2011-12-31
10-Q 2011-11-04 Quarter: 2011-09-30
10-Q 2011-08-05 Quarter: 2011-06-30
10-Q 2011-05-09 Quarter: 2011-03-31
10-K 2011-02-28 Annual: 2010-12-31
10-Q 2010-11-04 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-02-26 Annual: 2009-12-31
8-K 2019-10-24 Earnings, Regulation FD, Exhibits
8-K 2019-09-24 Officers, Exhibits
8-K 2019-07-25 Earnings, Regulation FD, Exhibits
8-K 2019-05-14 Shareholder Vote
8-K 2019-04-25 Earnings, Regulation FD, Exhibits
8-K 2019-03-05 Officers, Exhibits
8-K 2019-02-26 Earnings, Regulation FD, Exhibits
8-K 2019-02-26 Officers, Exhibits
8-K 2018-10-25 Earnings, Regulation FD, Exhibits
8-K 2018-07-26 Earnings, Regulation FD, Exhibits
8-K 2018-05-11 Shareholder Vote
8-K 2018-04-26 Earnings, Regulation FD, Exhibits
8-K 2018-03-15 Officers, Exhibits
8-K 2018-02-27 Earnings, Regulation FD, Exhibits

Dril-Quip Financials

DRQ Metrics, Comps, Filings

Annual | Quarterly

Business

Dril-Quip, Inc., a Delaware corporation (the "Company" or "Dril-Quip"), designs, manufactures, sells and services highly engineered drilling and production equipment that is well suited primarily for use in deepwater, harsh environment and severe service applications. Dril-Quip's products are used by major integrated, large independent and foreign national oil and gas companies and drilling contractors throughout the world. The Company's principal products consist of subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipe, drilling and production riser systems, liner hangers, wellhead connectors, diverters and safety valves. Dril-Quip also provides technical advisory assistance on an as-requested basis during installation of its products, as well as rework and reconditioning services for customer-owned Dril-Quip products. In addition, Dril-Quip's customers may rent or purchase running tools from the Company for use in the installation and retrieval of the Company's products.

Dril-Quip has developed its broad line of subsea equipment, surface equipment and offshore rig equipment primarily through its internal product research and development efforts. The Company believes that it has achieved significant market share and brand name recognition with respect to its established products due to the technological capabilities, reliability, cost effectiveness and operational timesaving features of these products.

The Company's operations are organized into three geographic segments-Western Hemisphere (including North and South America; headquartered in Houston, Texas), Eastern Hemisphere (including Europe and Africa; headquartered in Aberdeen, Scotland) and Asia Pacific (including the Pacific Rim, Southeast Asia, Australia, India and the Middle East; headquartered in Singapore). Each of these segments sells similar products and services, and the Company has major manufacturing facilities in all three of its regional headquarter locations as well as in Macae, Brazil. The Company maintains additional facilities for fabrication and/or reconditioning and rework in Australia, Norway, Denmark, Nigeria, Indonesia, China, Ecuador, Egypt, Ghana, Hungary, Mexico, Qatar and Venezuela. The Company's major operating subsidiaries are Dril-Quip (Europe) Limited, located in Aberdeen with branches in Denmark, Norway and Holland; Dril-Quip Asia Pacific PTE Ltd., located in Singapore; and Dril-Quip do Brasil LTDA, located in Macae, Brazil. Other operating subsidiaries include TIW Corporation (TIW) and Honing, Inc., both located in Houston, Texas; DQ Holdings Pty. Ltd., located in Perth, Australia; Dril-Quip Cross Ghana Ltd., located in Takoradi, Ghana; PT DQ Oilfield Services Indonesia, located in Jakarta, Indonesia; Dril-Quip (Nigeria) Ltd., located in Port Harcourt, Nigeria; Dril-Quip Egypt for Petroleum Services S.A.E., located in Alexandria, Egypt; Dril-Quip Oilfield Services (Tianjin) Co. Ltd., located in Tianjin, China with branches in Shenzhen and Beijing, China; Dril-Quip Qatar LLC, located in Doha, Qatar; Dril-Quip TIW Mexico S.A. de C.V., located in Villahermosa, Mexico; TIW de Venezuela S.A., located in Anaco, Venezuela and with a registered branch located in Shushufindi, Ecuador; TIW (UK) Limited, located in Aberdeen, Scotland; TIW Hungary LLC, located in Szolnok, Hungary; and TIW International LLC, with a registered branch located in Singapore.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Harsco (HSC) 2,223 0% 11.9 4% 2,535 2,186 1,681 0 114 291 3,457
Franklin Electric (FELE) 2,134 33% 14.1 8% 1,270 510 1,305 426 96 165 2,316
McDermott (MDR) 1,651 6% -1.2 -29% 9,998 9,204 8,710 512 -2,925 -2,492 3,101
Mueller Industries (MLI) 1,632 15% 10.4 7% 1,417 813 2,483 367 94 195 2,017
Dril-Quip (DRQ) 1,585 29% -15.9 -7% 1,202 105 389 111 -90 -73 1,162
NOW (DNOW) 1,583 20% 13.8 4% 1,849 585 3,147 636 68 113 1,565
Kaiser Aluminum (KALU) 1,570 19% 9.6 7% 1,422 676 1,555 296 99 188 1,804
Mueller Water Products (MWA) 1,527 33% 15.9 4% 1,293 726 955 318 49 116 1,839
Sun Hydraulics (SNHY) 1,431 38% 13.4 6% 1,060 502 565 217 62 131 1,764
Enpro Industries (NPO) 1,353 31% 10.9 2% 1,725 849 1,517 476 39 153 1,669
Mobile Mini (MINI) 1,338 0% 11.6 3% 2,093 1,274 610 0 64 191 2,228
Encore Wire (WIRE) 1,197 15% 8.4 9% 854 102 1,312 195 80 121 1,012
Matthews International (MATW) 1,083 35% 10.2 3% 2,345 1,497 1,552 549 63 199 2,029
Oil States International (OIS) 1,081 18% 13.5 -2% 1,998 578 1,064 192 -43 101 1,367
Constellium (CSTM) 930 0% 3,901 4,015 0 0 0 0 766
Circor (CIR) 910 29% 16.2 -3% 1,713 1,218 1,139 329 -51 96 1,561
NCI Building Systems (NCS) 758 22% 13.4 0% 5,654 4,746 3,482 757 21 299 4,008
Global Brass & Copper Holdings (BRSS) 750 11% 8.0 8% 721 516 1,724 190 61 119 952
Weatherford (WFT) 703 6% -7.0 -35% 6,381 10,770 5,528 308 -2,211 -1,070 7,451
Newpark Resources (NR) 666 13% 9.1 2% 934 368 911 116 20 86 783

Balance Sheet ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash246299257384299381423493418
Accounts Receivable159180263279374320214192202
Inventory243278362368393344355291191
PP&E247275296533310294323284274
Assets9491,0861,2311,3951,4491,4281,4611,4001,193
Accounts Payable313628395431363327
Long-Term Debt000
Liabilities12116116515320410410510596
Stockholders' Equity8289251,0661,2421,2451,3241,3561,2941,096
Income Statement ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue8090123141773159106104385
Cost of Revenue505867788545932859271
Gross Profit30325663688-300-22345113
R&D
SG&A61718295938853116104
Tax3735434170622335-19
Net Income1029511917020919293-101-96
Cash Flow ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating107102-816214919024710846
Cash Investing-73-54-49-42-42-27-158-45-15
Cash Financing155123-187-74-221-99