Overview
McDermott International is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Its customers trust its technology-driven approach to design and build infrastructure solutions to responsibly transport and transform oil and gas into the products the world needs. McDermott divides its operations in three areas: Asia Pacific, North, Central, and South America, and Europe, Middle East, and Africa. Customers
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Read More include major energy companies that operate in those areas.
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Read More include major energy companies that operate in those areas.
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Michael McKelvy
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Architectural, Engineering, and Related Services
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Utility System Construction
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Professional, Scientific, and Technical Services
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Energy conservation engineering
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Construction and civil engineering
See All Industries , Marine engineering Construction, repair, and dismantling services
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See All Industries , Marine engineering Construction, repair, and dismantling services
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Accounting, Tax Preparation, Bookkeeping, and Payroll Services
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Advertising, Public Relations, and Related Services
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Computer Systems Design and Related Services
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Legal Services
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Management, Scientific, and Technical Consulting Services
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Other Professional, Scientific, and Technical Services
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Scientific Research and Development Services
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Specialized Design Services
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Contacts
Get in Touch with 9 Principals* and 362 Contacts
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Michael McKelvyPresident and Chief Executive Officer
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Financial Data
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Financial data as of ? (12 month period) in USD
Annual Revenue
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USD
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All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2019 | 2018 | 2017 |
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Net Operating Cash | -$976 | -$71 | $136 |
Net Investing Cash | -$278 | -$2,648 | -$65 |
Net Financing Cash | $1,624 | $3,201 | -$275 |
Net Change in Cash | $370 | $482 | -$204 |
Cash at Beginning of Period | $845 | $408 | $612 |
Cash at End of Period | $1,193 | $845 | $408 |
Capital Expenditure | -$92 | -$86 | -$119 |
Assets (mil) | 2019 | 2018 | 2017 |
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Current Assets | |||
Cash and Cash Equivalents | $800 | $520 | $390 |
Accounts Receivable | $1,087 | $932 | $328 |
Inventories | $52 | $101 | $ |
Other Current Assets | $1,616 | $1,480 | $717 |
Asset Summary | |||
Total Current Assets | $3,555 | $3,033 | $1,435 |
Tangible Fixed Assets | $2,493 | $2,067 | $1,666 |
Intangible Assets | $751 | $1,009 | $ |
Total Assets | $8,737 | $9,440 | $3,223 |
Liabilities (mil) | 2019 | 2018 | 2017 |
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Current Liabilities | |||
Accounts Payable | $1,105 | $595 | $279 |
Short-Term Debt | $5,107 | $30 | $24 |
Other Current Liabilities | $3,232 | $3,592 | $404 |
Liability Summary | |||
Total Current Liabilities | $9,444 | $4,217 | $707 |
Long-Term Debt | $ | $3,393 | $512 |
Other Long-Term Liabilities | $285 | $174 | $32 |
Total Liabilities | $10,590 | $8,387 | $1,434 |
Stakeholder's Equity (mil) | 2019 | 2018 | 2017 |
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Equity | |||
Common Stock | $196 | $183 | $98 |
Retained Earnings | -$5,693 | -$2,719 | -$48 |
Equity Summary | |||
Total Equity | -$1,853 | $1,030 | $1,761 |
Shares Outstanding | 193,000,000 | 180,000,000 | 94,675,606 |