Dril-Quip, Inc.
DRQ

$530.91 M
Marketcap
$15.41
Share price
Country
$-0.56
Change (1 day)
$29.51
Year High
$14.07
Year Low

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 retrieval of its products; and downhole tools comprise of liner hangers, production packers, safety valves, and specialty downhole tools that are used to hang-off and seal casing into a previously installed casing string in the well bore. The company's products are used to explore for oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs; and for drilling and production of oil and gas wells on offshore platforms, tension leg platforms, and Spars, as well as moored vessels, such as floating production, storage, and offloading monohull moored vessels. It sells its products directly through its sales personnel, independent sales agents, and representatives to integrated, independent, and foreign national oil and gas companies, as well as drilling contractors, and engineering and construction companies. The company was founded in 1981 and is headquartered in Houston, Texas.

marketcap

P/E ratio for Dril-Quip, Inc. (DRQ)

P/E ratio as of 2023: 1316.60

According to Dril-Quip, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1316.60. At the end of 2022 the company had a P/E ratio of 2099.82.

P/E ratio history for Dril-Quip, Inc. from 1996 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 1316.60
2022 2099.82
2021 -5.43
2020 -33.94
2019 977.45
2018 -11.63
2017 -17.73
2016 24.18
2015 11.83
2014 14.69
2013 26.31
2012 24.72
2011 27.69
2010 30.28
2009 21.04
2008 7.75
2007 20.86
2006 17.73
2005 25.56
2004 33.64
2003 31.49
2002 33.50
2001 34.15
2000 53.54
1999 44.39
1998 17.59
1997 40.37
1996 58.73