Drilling Revenue from 2010 to 2024

DTI Stock   3.57  0.05  1.42%   
Drilling Tools' Total Revenue is increasing with slightly volatile movements from year to year. Total Revenue is predicted to flatten to about 131.6 M.

Projected quarterly revenue analysis

Projected quarterly revenue analysis of Drilling Tools Inter provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Drilling Tools match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Drilling Tools' stock price.
Check Drilling Tools financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Drilling Tools' main balance sheet or income statement drivers, such as Tax Provision of 3.1 M, Depreciation And Amortization of 16.5 M or Interest Expense of 749.1 K, as well as many indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.0 or PTB Ratio of 0.73. Drilling financial statements analysis is a perfect complement when working with Drilling Tools Valuation or Volatility modules.
  
Check out the analysis of Drilling Tools Correlation against competitors.

Latest Drilling Tools' Revenue Growth Pattern

Below is the plot of the Total Revenue of Drilling Tools International over the last few years. Total revenue comprises all receipts Drilling Tools Inter generated from the sale of its products or services. It is the total amount of income generated by the sale of goods or services related to the company's primary operations. Drilling Tools' Total Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Drilling Tools' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 152.03 M10 Years Trend
Slightly volatile
   Total Revenue   
       Timeline  

Drilling Revenue Regression Statistics

Arithmetic Mean89,450,664
Geometric Mean86,792,114
Coefficient Of Variation28.43
Mean Deviation19,314,663
Median77,379,000
Standard Deviation25,428,094
Sample Variance646.6T
Range74.7M
R-Value0.68
Mean Square Error370.8T
R-Squared0.47
Significance0
Slope3,887,556
Total Sum of Squares9052.2T

Drilling Revenue History

2024131.6 M
2023152 M
2022129.6 M

Other Fundumenentals of Drilling Tools Inter

Drilling Tools Revenue component correlations

About Drilling Tools Financial Statements

Investors use fundamental indicators, such as Drilling Tools' Revenue, to determine how well the company is positioned to perform in the future. Although Drilling Tools' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Deferred RevenueM1.1 M
Total Revenue152 M131.6 M
Cost Of Revenue55.9 M41.3 M
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.46  0.50 
Capex To Revenue 0.29  0.17 
Revenue Per Share 7.10  3.94 
Ebit Per Revenue 0.18  0.19 

Currently Active Assets on Macroaxis

When determining whether Drilling Tools Inter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Drilling Tools' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Drilling Tools International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Drilling Tools International Stock:
Check out the analysis of Drilling Tools Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Drilling Tools. If investors know Drilling will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Drilling Tools listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Earnings Share
0.24
Revenue Per Share
4.889
Quarterly Revenue Growth
0.051
Return On Assets
0.0576
The market value of Drilling Tools Inter is measured differently than its book value, which is the value of Drilling that is recorded on the company's balance sheet. Investors also form their own opinion of Drilling Tools' value that differs from its market value or its book value, called intrinsic value, which is Drilling Tools' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Drilling Tools' market value can be influenced by many factors that don't directly affect Drilling Tools' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Drilling Tools' value and its price as these two are different measures arrived at by different means. Investors typically determine if Drilling Tools is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Drilling Tools' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.