Dril-Quip Revenue, Profits - DRQ Annual Income Statement
DRQ stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Dril-Quip stock price. The key financial statements of a company are the income statement, the balance sheet and the cash flow statement. The income statement for DRQ which shows a YOY revenue decline of -15.46% is specific to a period of time. Investors typically check YoY or QoQ revenue growth. One also needs to look at Dril-Quip assets, operating expenses and Dril-Quip free cash flow. The Dril-Quip profit and loss statement shows revenue of $455.46M for 2017. Revenue has decreased by -15.46% YOY for DRQ stock.
View revenue and profit details for latest and last 10 financial years.| Fiscal year is Jan - Dec | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
Dril-Quip Revenues or Net Sales | 455.46M | 538.73M | 844.31M | 930.95M | 872.37M | 733.03M | 601.34M | 566.25M | 540.2M | 542.77M |
| Cost Of Goods Sold (COGS) | 305.39M | 328.4M | 459.28M | 513.52M | 513.9M | 451.66M | 361.84M | 322.6M | 310.29M | 312.29M |
Dril-Quip Gross Profit | 150.07M | 210.32M | 385.02M | 417.43M | 358.46M | 281.36M | 239.49M | 243.64M | 229.91M | 230.47M |
| Research & Development Expense | 42.16M | 44.32M | 48.14M | 45.92M | 40.11M | 37.45M | 34.62M | 29.2M | 27.17M | 26.36M |
| Selling General & Admin Expense | 177.05M | 53.14M | 88.04M | 92.76M | 94.8M | 82.21M | 75.22M | 75.72M | 60.69M | 62.39M |
| Income Before Depreciation Depletion Amortization | -69.13M | 112.85M | 248.83M | 278.74M | 223.54M | 161.69M | 129.63M | 138.71M | 142.04M | 141.71M |
| Depreciation Depletion Amortization | - | - | - | - | - | - | - | - | - | - |
| Non Operating Income | 3.56M | 3.03M | - | - | - | - | - | - | - | 3.45M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
Dril-Quip Pretax Income | -65.64M | 115.86M | 249.77M | 279.38M | 224.09M | 162.12M | 130M | 138.9M | 142.39M | 144.98M |
| Provision for Income Taxes | 34.99M | 22.64M | 57.76M | 70.66M | 54.27M | 42.91M | 34.73M | 36.67M | 37.25M | 39.39M |
| MinorityInterest | - | - | - | - | - | - | - | - | - | - |
| Investment Gains Losses | - | - | - | - | - | - | - | - | - | - |
| Other Income | - | - | - | - | - | - | - | - | - | - |
| Income Before Extraordinaries & Disc Operations | -100.63M | 93.22M | 192M | 208.71M | 169.82M | 119.2M | 95.26M | 102.22M | 105.14M | 105.58M |
| Extraordinary Items & Discontinued Operations | - | - | - | - | - | - | - | - | - | - |
Dril-Quip Profit/ Loss (Net Income) | -100.63M | 93.22M | 192M | 208.71M | 169.82M | 119.2M | 95.26M | 102.22M | 105.14M | 105.58M |
| Average Shares used to compute Diluted EPS | 37.41M | 37.67M | 38.53M | 40.19M | 40.87M | 40.52M | 40.32M | 40.06M | 39.54M | 40.29M |
| Average Shares used to compute Basic EPS | 37.41M | 37.67M | 38.53M | 40.19M | 40.87M | 40.52M | 40.32M | 40.06M | 39.54M | 40.29M |
| Income Before Nonrecurring Items | 9.82M | 79.02M | 188.11M | 205.31M | 169.83M | 119.21M | 98.32M | 112.24M | 105.14M | 105.59M |
| Income from Nonrecurring Items | -110.46M | 14.2M | 3.9M | 3.4M | - | - | -3.06M | -10.02M | - | - |
Dril-Quip Earnings Per Share Basic Net | -2.69 | 2.47 | 4.98 | 5.19 | 4.16 | 2.94 | 2.36 | 2.55 | 2.66 | 2.62 |
Dril-Quip Earnings Per Share Diluted Net | -2.69 | 2.47 | 4.98 | 5.19 | 4.16 | 2.94 | 2.36 | 2.55 | 2.66 | 2.62 |
| EPS Diluted Before Nonrecurring Items | 0.26 | 2.09 | 4.88 | 5.11 | 4.16 | 2.94 | 2.44 | 2.80 | 2.66 | 2.62 |
| Preferred Dividends Acc Pd | - | - | - | - | - | - | - | - | - | - |
| Dividends Common | - | - | - | - | - | - | - | - | - | - |
| Dividend Per Share Common | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dril-Quip stock analysis involves checking at least a few of the important things like:
- Revenue: The money received by selling of goods or services comes under this line item. A YoY growth - See: Dril-Quip revenue chart implies that the company is growing. It has not been the case with Dril-Quip. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
- Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $-100.63M for Dril-Quip for 2017. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
The income statement is also called the profit and loss statement. Apart from the DRQ income statement, one can check the Dril-Quip historical stock prices to check how the price has moved with time.