DRQ · Dril-Quip Inc - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$978.25M	$660.80M	$424.06M	$362.07M	$322.94M	$364.97M
Cost of Revenue	$674.97M	$428.17M	$308.50M	$265.94M	$242.36M	$269.70M
Gross Profit	$303.28M	$232.63M	$115.56M	$96.14M	$80.59M	$95.28M
R&D	$6.70M	$3.70M	-	-	-	-
SG&A	$128.79M	$116.18M	$101.52M	$94.21M	$115.04M	$95.06M
Total Operating Expenses	-	-	$418.78M	$359.55M	$447.78M	$428.53M
D&A	$60.74M	$31.21M	$30.32M	$29.42M	$30.38M	$32.39M
Operating Income	$132.63M	$49.08M	$5.28M	$2.52M	($124.84M)	($63.56M)
Interest Expense	$2.58M	$2.43M	$5.51M◇	$216.0K	$787.0K	$621.0K
Income Tax	$45.23M	$2.49M	$12.86M	$6.33M	$2.95M	($31.28M)
Net Income	$83.30M	$140.32M	$604.0K	$443.0K	($128.00M)	($30.77M)
EPS - Basic	$1.21	$2.82	$0.02	$0.01	($3.62)	($0.87)
EPS - Diluted	$1.20	$2.77	$0.02	$0.01	($3.62)	($0.87)

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$203.41M	$73.28M	$187.32M	$264.80M	$355.45M	$345.95M
Accounts Receivable	$237.77M	$239.51M	$135.57M	$91.50M	$100.99M	$116.20M
Inventory	$248.43M	$271.17M	$194.59M	$146.00M	$145.72M	$212.54M
Accounts Payable	$60.71M	$65.20M	$65.70M	$43.02M	$35.23M	$37.42M
Current Assets	$728.05M	$641.39M	$719.72M	$752.59M	$745.55M	$863.19M
Total Assets	$1.27B	$1.20B	$1.03B	$972.51M	$1.01B	$1.15B
Current Liabilities	$148.16M	$162.66M	$117.70M	$87.56M	$93.66M	$85.51M
Long-term Debt	-	$25.43M	-	-	-	-
Total Liabilities	$210.61M	$239.33M	$146.92M	$97.60M	$113.32M	$109.64M
Stockholders' Equity	$1.06B	$958.16M	$881.26M	$874.92M	$897.11M	$1.04B
Retained Earnings	$285.27M	$211.25M	$950.72M	$952.73M	$973.09M	$1.13B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$190.91M	$93.44M	$7.73M	($36.77M)	$38.43M	($21.09M)
Investing Cash Flow	($18.74M)	$78.44M	($79.81M)	($30.11M)	($3.21M)	($5.63M)
Financing Cash Flow	($44.92M)	($103.07M)	($124.0K)	($20.89M)	($24.30M)	($25.18M)
CapEx	-	-	$32.63M	$18.87M	$9.99M	$11.94M
Free Cash Flow	-	-	($24.90M)	($55.64M)	$28.44M	($33.03M)

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	31.0%	35.2%	27.3%	26.6%	25.0%	26.1%
Operating margin	13.6%	7.4%	1.2%	0.7%	-38.7%	-17.4%
EBITDA margin	19.8%	12.1%	8.4%	8.8%	-29.2%	-8.5%
Net margin	8.5%	21.2%	0.1%	0.1%	-39.6%	-8.4%
Free cash flow margin	-	-	-5.9%	-15.4%	8.8%	-9.1%
FCF / Net income	-	-	-41.22	-125.59	-0.22	1.07
R&D / Revenue	0.7%	0.6%	-	-	-	-
SG&A / Revenue	13.2%	17.6%	23.9%	26.0%	35.6%	26.0%
Effective tax rate	35.2%	1.7%	95.5%	93.5%	-	-
Return on assets	6.6%	11.7%	0.1%	0.0%	-12.7%	-2.7%
Return on equity	7.9%	14.6%	0.1%	0.1%	-14.3%	-3.0%
Return on invested capital	-	4.9%	-	-	-	-
Liquidity
Current ratio	4.91	3.94	6.11	8.60	7.96	10.09
Quick ratio	3.24	2.28	4.46	6.93	6.40	7.61
Cash ratio	1.37	0.45	1.59	3.02	3.79	4.05
Leverage
Debt / Equity	-	0.03	-	-	-	-
Debt / Assets	-	0.02	-	-	-	-
Debt / EBITDA	-	0.32	-	-	-	-
Interest coverage	51.4x	20.2x	1.0x	11.7x	-158.6x	-102.3x
Equity multiplier	1.20	1.25	1.17	1.11	1.13	1.11
Liabilities / Assets	0.17	0.20	0.14	0.10	0.11	0.10
Efficiency
Asset turnover	0.77	0.55	0.41	0.37	0.32	0.32
Inventory turnover	2.72	1.58	1.59	1.82	1.66	1.27
Days sales outstanding	89d	132d	117d	92d	114d	116d
Days inventory outstanding	134d	231d	230d	200d	219d	288d
Days payable outstanding	33d	56d	78d	59d	53d	51d
Cash conversion cycle	190d	308d	269d	234d	281d	353d
Valuation
P / E	-	-	-	-	-	-
P / B	-	-	-	-	-	-
P / S	-	-	-	-	-	-
EV / EBITDA	-	-	-	-	-	-
Growth
Revenue growth (YoY)	48.0%	55.8%	17.1%	12.1%	-11.5%	-12.0%
Revenue CAGR (3y)	39.3%	27.0%	5.1%	-4.4%	-5.7%	-7.1%
Revenue CAGR (5y)	21.8%	9.8%	2.0%	-4.5%	-9.7%	-15.4%
Gross profit growth (YoY)	30.4%	101.3%	20.2%	19.3%	-15.4%	-20.5%
Operating income growth (YoY)	170.2%	829.5%	109.4%	-	-96.4%	-
Net income growth (YoY)	-40.6%	23132.6%	36.3%	-	-316.0%	-
EPS growth (YoY)	-56.7%	13750.0%	100.0%	-	-316.1%	-
EPS CAGR (3y)	393.2%	-	-	-41.5%	-	-
EPS CAGR (5y)	-	123.2%	-	-	-	-
FCF growth (YoY)	-	-	55.2%	-	-	-
FCF CAGR (5y)	-	-	-	-	-33.6%	-
Book value growth (YoY)	10.4%	8.7%	0.7%	-2.5%	-13.9%	-4.5%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Product / service

$978.25M total

Product$685.29M · 70.1%

Leasing$166.69M · 17.0%

Service$126.26M · 12.9%

Geographic

$1.96B total

USAnd Canadian Markets NAM$511.16M · 26.1%

International And Offshore$467.10M · 23.9%

US$428.38M · 21.9%

United States Offshore$112.30M · 5.7%

Other MEAP$102.73M · 5.3%

CA$86.99M · 4.4%

East And Central Africa$81.58M · 4.2%

SA$69.57M · 3.6%

BR$39.74M · 2.0%

MX$38.03M · 1.9%

AR$9.52M · 0.5%

Latin America$9.42M · 0.5%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

3.72

Safe

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

5/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
✓Current ratio improved
✗No share dilution
✗Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Oil & Gas Field Machinery & Equipment

Company	Revenue (last FY)	Net margin	ROE
BKR	$27.73B	9.3%	13.7%
WHD	$1.08B	15.4%	13.5%
FTI	$9.93B	9.7%	28.7%
NOV	$8.74B	1.7%	2.3%
WFRD	-	-	25.4%

Comparing DRIL-QUIP INC against the 5 most active filers in the same SIC group.

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.