Dril-Quip Past Earnings Performance
Past criteria checks 3/6
Dril-Quip has been growing earnings at an average annual rate of 24.4%, while the Energy Services industry saw earnings growing at 34.5% annually. Revenues have been declining at an average rate of 1.6% per year. Dril-Quip's return on equity is 0.07%, and it has net margins of 0.1%.
Key information
24.4%
Earnings growth rate
23.4%
EPS growth rate
| Energy Services Industry Growth | 23.7% |
| Revenue growth rate | -1.6% |
| Return on equity | 0.07% |
| Net Margin | 0.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Dril-Quip Makes Fantastic Move By Merging With Innovex Downhole Solutions
Mar 20Dril-Quip (NYSE:DRQ) Will Be Hoping To Turn Its Returns On Capital Around
Dec 15
Dril-Quip: Ready For Liftoff
Nov 24Dril-Quip (NYSE:DRQ) Is In A Strong Position To Grow Its Business
Oct 28Dril-Quip: New Outlook And Re-Segmentation Could Push The Price Up
Aug 23Calculating The Intrinsic Value Of Dril-Quip, Inc. (NYSE:DRQ)
Jul 08We're Interested To See How Dril-Quip (NYSE:DRQ) Uses Its Cash Hoard To Grow
Feb 22Is Dril-Quip, Inc. (NYSE:DRQ) Trading At A 46% Discount?
Nov 25We're Not Worried About Dril-Quip's (NYSE:DRQ) Cash Burn
Sep 29A Look At The Fair Value Of Dril-Quip, Inc. (NYSE:DRQ)
Jun 13Calculating The Fair Value Of Dril-Quip, Inc. (NYSE:DRQ)
Mar 15Dril-Quip, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 04Dril-Quip (NYSE:DRQ) Is In A Strong Position To Grow Its Business
Mar 18If You Had Bought Dril-Quip's (NYSE:DRQ) Shares Five Years Ago You Would Be Down 44%
Jan 25Dril-Quip's Valuation Remains Robust
Dec 09What Did Dril-Quip's (NYSE:DRQ) CEO Take Home Last Year?
Dec 03
Dril-Quip, Inc. 2020 Q3 - Results - Earnings Call Presentation
Oct 30Revenue & Expenses BreakdownBeta
How Dril-Quip makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 424 | 1 | 102 | 13 |
| 30 Sep 23 | 395 | 0 | 99 | 12 |
| 30 Jun 23 | 365 | 21 | 95 | 12 |
| 31 Mar 23 | 370 | 12 | 94 | 11 |
| 31 Dec 22 | 362 | -2 | 94 | 12 |
| 30 Sep 22 | 343 | -65 | 98 | 13 |
| 30 Jun 22 | 338 | -89 | 101 | 14 |
| 31 Mar 22 | 325 | -103 | 108 | 15 |
| 31 Dec 21 | 322 | -128 | 115 | 15 |
| 30 Sep 21 | 332 | -76 | 111 | 15 |
| 30 Jun 21 | 341 | -50 | 106 | 16 |
| 31 Mar 21 | 350 | -45 | 100 | 17 |
| 31 Dec 20 | 365 | -31 | 95 | 19 |
| 30 Sep 20 | 386 | -12 | 90 | 20 |
| 30 Jun 20 | 403 | -28 | 96 | 19 |
| 31 Mar 20 | 416 | -12 | 96 | 19 |
| 31 Dec 19 | 415 | 2 | 98 | 17 |
| 30 Sep 19 | 404 | -81 | 98 | 18 |
| 30 Jun 19 | 389 | -90 | 97 | 19 |
| 31 Mar 19 | 380 | -94 | 97 | 19 |
| 31 Dec 18 | 385 | -96 | 102 | 20 |
| 30 Sep 18 | 395 | -92 | 105 | 25 |
| 30 Jun 18 | 402 | -111 | 106 | 30 |
| 31 Mar 18 | 435 | -108 | 114 | 35 |
| 31 Dec 17 | 455 | -101 | 114 | 20 |
| 30 Sep 17 | 454 | -28 | 102 | 44 |
| 30 Jun 17 | 477 | 20 | 85 | 44 |
| 31 Mar 17 | 491 | 57 | 59 | 45 |
| 31 Dec 16 | 539 | 93 | 49 | 44 |
| 30 Sep 16 | 634 | 140 | 50 | 46 |
| 30 Jun 16 | 712 | 172 | 59 | 47 |
| 31 Mar 16 | 785 | 175 | 87 | 47 |
| 31 Dec 15 | 844 | 192 | 90 | 48 |
| 30 Sep 15 | 897 | 203 | 93 | 47 |
| 30 Jun 15 | 938 | 208 | 94 | 48 |
| 31 Mar 15 | 953 | 220 | 86 | 47 |
| 31 Dec 14 | 931 | 209 | 93 | 46 |
| 30 Sep 14 | 909 | 197 | 96 | 45 |
| 30 Jun 14 | 892 | 181 | 105 | 43 |
| 31 Mar 14 | 883 | 173 | 103 | 42 |
| 31 Dec 13 | 872 | 170 | 95 | 40 |
| 30 Sep 13 | 828 | 154 | 92 | 38 |
| 30 Jun 13 | 795 | 143 | 83 | 37 |
Quality Earnings: DRQ has high quality earnings.
Growing Profit Margin: DRQ became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DRQ has become profitable over the past 5 years, growing earnings by 24.4% per year.
Accelerating Growth: DRQ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: DRQ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (81.1%).
Return on Equity
High ROE: DRQ's Return on Equity (0.07%) is considered low.