Dril-Quip Inc (DRQ) Files 10-K for the Fiscal Year Ended on December 31, 2018

Dril-Quip Inc (DRQ, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Dril-Quip Inc is in the oil and gas industry. It manufactures offshore drilling and production equipment for use in deepwater. Dril-Quip Inc has a market cap of $1.55 billion; its shares were traded at around $43.35 with and P/S ratio of 4.11.

For the last quarter Dril-Quip Inc reported a revenue of $93.3 million, compared with the revenue of $100.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $384.6 million, a decrease of 15.6% from the previous year. For the last five years Dril-Quip Inc had an average revenue decline of 17.4% a year.

The reported loss per diluted share was $2.58 for the year, an increase of -4.1% from previous year. The Dril-Quip Inc had an operating margin of -7.89%, compared with the operating margin of -1.79% a year before. The 10-year historical median operating margin of Dril-Quip Inc is 25.87%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Dril-Quip Inc has the cash and cash equivalents of $418.1 million, compared with $493.2 million in the previous year. The company had no long term debt. Dril-Quip Inc has a financial strength rank of 8 (out of 10).

At the current stock price of $43.35, Dril-Quip Inc is traded at close to its historical median P/S valuation band of $42.35. The P/S ratio of the stock is 4.11, while the historical median P/S ratio is 4.01. The stock lost 6.07% during the past 12 months.

For the complete 20-year historical financial data of DRQ, click here.