Dril-Quip, Inc. (DRQ)

Dril-Quip Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	443.49	424.06	361.92	322.45	364.97	414.81
Revenue Growth (YoY)	19.98%	17.17%	12.24%	-11.65%	-12.01%	7.85%
Cost of Revenue	321.42	308.5	265.94	309.27	269.7	295.01
Gross Profit	122.07	115.56	95.99	13.18	95.28	119.8
Selling, General & Admin	110.06	101.52	94.21	115.04	95.06	98.41
Research & Development	12.99	12.65	11.74	15.1	18.92	17.33
Other Operating Expenses	23.58	0.94	-6.66	7.54	42.51	1.26
Operating Expenses	146.63	115.11	99.29	137.68	156.49	117
Operating Income	-24.56	0.45	-3.3	-124.5	-61.21	2.8
Interest Expense / Income	-8.17	-8.19	-4.25	0.21	0.62	0.31
Other Expense / Income	-7.31	-4.83	-3.76	0.84	0.21	-7.94
Pretax Income	-9.07	13.47	4.7	-125.55	-62.05	10.43
Income Tax	12.62	12.86	6.33	2.95	-31.28	8.71
Net Income	-21.69	0.6	-1.62	-128.49	-30.77	1.72
Shares Outstanding (Basic)	34	34	34	35	35	36
Shares Outstanding (Diluted)	34	34	34	35	35	36
Shares Change	-0.21%	0.69%	-3.10%	0.20%	-2.47%	-2.49%
EPS (Basic)	-0.63	0.02	-0.05	-3.63	-0.87	0.05
EPS (Diluted)	-0.63	0.02	-0.05	-3.63	-0.87	0.05
Free Cash Flow	38.28	3.88	-34.64	35.22	-26.72	6.21
Free Cash Flow Per Share	1.11	0.11	-1.01	1.00	-0.76	0.17
Gross Margin	27.53%	27.25%	26.52%	4.09%	26.10%	28.88%
Operating Margin	-5.54%	0.11%	-0.91%	-38.61%	-16.77%	0.68%
Profit Margin	-4.89%	0.14%	-0.45%	-39.85%	-8.43%	0.41%
Free Cash Flow Margin	8.63%	0.91%	-9.57%	10.92%	-7.32%	1.50%
Effective Tax Rate	-	95.52%	134.53%	-	-	83.51%
EBITDA	14.63	35.6	29.88	-94.95	-29.04	44.76
EBITDA Margin	3.30%	8.40%	8.25%	-29.45%	-7.96%	10.79%
Depreciation & Amortization	31.87	30.32	29.42	30.38	32.39	34.02
EBIT	-17.24	5.28	0.45	-125.34	-61.43	10.74
EBIT Margin	-3.89%	1.25%	0.13%	-38.87%	-16.83%	2.59%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).