Dril-Quip, Inc.

Dril-Quip, Inc.verified

DRQ

Price:

$18.59

Market Cap:

$639.88M

Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. The company's principal products include subsea and surface wellheads, subsea and surface production trees, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, diverters, and safety valves, as well as downhole tools. It also provides technical advisory services, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrie...[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

1997-10-23

Stock Exchange

NYSE

Ticker

DRQ

The Current Ratio as of July 2024 (TTM) for Dril-Quip, Inc. (DRQ) is 5.35

According to Dril-Quip, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.35. This represents a change of -19.73% compared to the average of 6.67 of the last 4 quarters.

Dril-Quip, Inc. (DRQ) Historical Current Ratio (quarterly & annually)

How has DRQ Current Ratio performed in the past?

The mean historical Current Ratio of Dril-Quip, Inc. over the last ten years is 8.96. The current 5.35 Current Ratio has changed 5.88% with respect to the historical average. Over the past ten years (40 quarters), DRQ's Current Ratio was at its highest in in the September 2017 quarter at 14.33. The Current Ratio was at its lowest in in the March 2024 quarter at 5.35.

Quarterly (TTM)
Annual

Average

8.96

Median

9.59

Minimum

5.67

Maximum

11.15

Dril-Quip, Inc. (DRQ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Dril-Quip, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 96.54%

Maximum Annual Current Ratio = 11.15

Minimum Annual Increase = -28.86%

Minimum Annual Current Ratio = 5.67

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.11-28.86%
20228.607.99%
20217.96-21.15%
202010.0911.14%
20199.08-12.41%
201810.372.73%
201710.09-3.06%
201610.41-6.63%
201511.1596.54%
20145.67-24.90%

Dril-Quip, Inc. (DRQ) Average Current Ratio

How has DRQ Current Ratio performed in the past?

The current Current Ratio of Dril-Quip, Inc. (DRQ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

7.56

5-year avg

8.37

10-year avg

8.96

Dril-Quip, Inc. (DRQ) Current Ratio vs. Peers

How is DRQ’s Current Ratio compared to its peers?

Dril-Quip, Inc.’s Current Ratio is greater than MRC Global Inc. (1.48), greater than NOV Inc. (2.50), greater than Solaris Oilfield Infrastructure, Inc. (1.78), greater than Ranger Energy Services, Inc. (2.01), greater than Helix Energy Solutions Group, Inc. (1.68), greater than Oceaneering International, Inc. (1.76), greater than Newpark Resources, Inc. (2.79), greater than RPC, Inc. (4.75), greater than Oil States International, Inc. (3.31), greater than TechnipFMC plc (1.16), greater than Natural Gas Services Group, Inc. (3.23), greater than Enerflex Ltd. (1.16), greater than Forum Energy Technologies, Inc. (2.83), greater than CSI Compressco LP (1.71),

Build a custom stock screener for Dril-Quip, Inc. (DRQ) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Dril-Quip, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Dril-Quip, Inc. (DRQ) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Dril-Quip, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Dril-Quip, Inc.'s Current Ratio?

How is the Current Ratio calculated for Dril-Quip, Inc. (DRQ)?

What is the highest Current Ratio for Dril-Quip, Inc. (DRQ)?

What is the 3-year average Current Ratio for Dril-Quip, Inc. (DRQ)?

What is the 5-year average Current Ratio for Dril-Quip, Inc. (DRQ)?

How does the current Current Ratio for Dril-Quip, Inc. (DRQ) compare to its historical average?