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Dril-Quip (Dril-Quip) Enterprise Value : $476.2 Mil (As of May. 09, 2024)


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What is Dril-Quip Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Dril-Quip's Enterprise Value is $476.2 Mil. Dril-Quip's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $7.2 Mil. Therefore, Dril-Quip's EV-to-EBIT ratio for today is 66.28.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Dril-Quip's Enterprise Value is $476.2 Mil. Dril-Quip's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $39.1 Mil. Therefore, Dril-Quip's EV-to-EBITDA ratio for today is 12.19.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Dril-Quip's Enterprise Value is $476.2 Mil. Dril-Quip's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $443.5 Mil. Therefore, Dril-Quip's EV-to-Revenue ratio for today is 1.07.


Dril-Quip Enterprise Value Historical Data

The historical data trend for Dril-Quip's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dril-Quip Enterprise Value Chart

Dril-Quip Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,288.34 710.07 334.12 641.27 603.62

Dril-Quip Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 732.54 546.01 789.24 603.62 590.11

Competitive Comparison of Dril-Quip's Enterprise Value

For the Oil & Gas Equipment & Services subindustry, Dril-Quip's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dril-Quip's Enterprise Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dril-Quip's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Dril-Quip's Enterprise Value falls into.



Dril-Quip Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Dril-Quip's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Dril-Quip's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dril-Quip  (NYSE:DRQ) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Dril-Quip's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=476.188/7.185
=66.28

Dril-Quip's current Enterprise Value is $476.2 Mil.
Dril-Quip's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.2 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Dril-Quip's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=476.188/39.052
=12.19

Dril-Quip's current Enterprise Value is $476.2 Mil.
Dril-Quip's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $39.1 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Dril-Quip's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=476.188/443.492
=1.07

Dril-Quip's current Enterprise Value is $476.2 Mil.
Dril-Quip's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $443.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dril-Quip Enterprise Value Related Terms

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Dril-Quip (Dril-Quip) Business Description

Traded in Other Exchanges
Address
2050 West Sam Houston Parkway S., Suite 1100, Houston, TX, USA, 77042
Dril-Quip Inc. designs, manufactures, sells and services engineered drilling and production equipment for both offshore and onshore applications. The Company's revenues are generated from three sources, Product revenues are derived from the sale of drilling and production equipment. Service revenues are earned when the Company provides technical advisory assistance and rework and reconditioning services. Leasing revenues are derived from rental tools used during the installation and retrieval of the Company's products. The Company's operations are organized into three geographic segments, Western Hemisphere (including North and South America), Eastern Hemisphere (including Europe and Africa) and Asia-Pacific (including the Pacific Rim, Southeast Asia, Australia, India and the Middle East).
Executives
Terence Bartlett Jupp director 6401 N. ELDRIDGE PARKWAY, HOUSTON TX 77041
James C. Webster officer: VP - Gen Counsel & Secretary 13550 HEMPSTEAD HIGHWAY, HOUSTON TX 77040
Jeffrey J. Bird officer: Vice President and CFO 10260 WESTHEIMER RD., HOUSTON TX 77042
Kyle Mcclure officer: Vice President and CFO 10260 WESTHEIMER RD, SUITE 700, HOUSTON TX 77042
Donald M Underwood officer: VP - Subsea Products 6401 NORTH ELDRIDGE PKWY, HOUSTON TX 77041
Carri A. Lockhart director 6401 NORTH ELDRIDGE PKWY, HOUSTON TX 77041
A P Shukis director C/O CORPORATE STRATEGIES INC, 1170 ST JAMES PLACE SUITE 115, HOUSTON TX 77056
Blake T. Deberry director, officer: President and CEO 13550 HEMPSTEAD HIGHWAY, HOUSTON TX 77040
Raj Kumar officer: VP-Finance & Chief Acct. Off. 6401 N. ELDRIDGE PARKWAY, HOUSTON TX 77041
Darryl Keith Willis director 2001 KIRBY DRIVE, SUITE 200, HOUSTON TX 77019
John Lovoi director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Amy B Schwetz director 701 MARKET STREET, ST. LOUIS MO 63101
James A. Gariepy officer: SR V.P. and COO 13550 HEMPSTEAD HIGHWAY, HOUSTON TX 77040
Jerry M Brooks officer: Chief Financial Officer
Robertson L H Dick director 39 LAKESIDE DRIVE, STAR HARBOR, MALAKOFF TX 75148