Dolphin Drilling AS (OSL:DDRIL) EBIT: kr-66 Mil (TTM As of Mar. 2026)


OSL:DDRIL Dolphin Drilling AS OSL:DDRIL
64 GF Score
Price kr2.49
GF Value kr4.08
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Dolphin Drilling AS EBIT?

Dolphin Drilling AS OSL:DDRIL -0.80% 64 EBIT is kr-66 Mil as of Mar. 2026. GuruFocus rates OSL:DDRIL with a GF Score™ of 64/100 and a GF Value™ of kr4.08 (Possible Value Trap). The stock has 2 warning signs investors should review.

Dolphin Drilling AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was kr18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was kr-66 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dolphin Drilling AS's annualized ROC % for the quarter that ended in Mar. 2026 was 4.96%. Dolphin Drilling AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dolphin Drilling AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -3.91%.


Dolphin Drilling AS  (OSL:DDRIL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Dolphin Drilling AS's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=73.404 * ( 1 - 0% )/( (1618.439 + 1340.614)/ 2 )
=73.404/1479.5265
=4.96 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1823.881 - 376.502 - ( 266.984 - max(0, 949.867 - 778.807+266.984))
=1618.439

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1778.148 - 238.567 - ( 216.353 - max(0, 661.614 - 860.581+216.353))
=1340.614

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Dolphin Drilling AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=73.404/( ( (919.374 + max(-303.955, 0)) + (809.391 + max(131.356, 0)) )/ 2 )
=73.404/( ( 919.374 + 940.747 )/ 2 )
=73.404/930.0605
=7.89 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(236.188 + 31.554 + 114.43) - (376.502 + 0 + 309.625)
=-303.955

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(265.611 + 244.363 + 134.254) - (238.567 + 0 + 274.305)
=131.356

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Dolphin Drilling AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-65.92/1685.042
=-3.91 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dolphin Drilling AS EBIT Related Terms


Dolphin Drilling AS EBIT Historical Data

* Premium members only.

The historical data trend for Dolphin Drilling AS's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dolphin Drilling AS EBIT Chart

Dolphin Drilling AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -640.43 -644.99 -412.77 -991.67 -440.58

Dolphin Drilling AS Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.41 -3.02 -98.44 17.18 18.35

OSL:DDRIL vs NE, RIG, VAL: EBIT Comparison

For the Oil & Gas Drilling subindustry, Dolphin Drilling AS's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dolphin Drilling AS EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dolphin Drilling AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dolphin Drilling AS's EV-to-EBIT falls into.


OSL:DDRIL
64GF Score
Dolphin Drilling AS OSL:DDRIL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dolphin Drilling AS EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-66 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of kr-66 Mil mean?
Dolphin Drilling AS (OSL:DDRIL) has a EBIT of kr-66 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Dolphin Drilling AS.
Is Dolphin Drilling AS's EBIT too high?
Dolphin Drilling AS's current EBIT is kr-66 Mil. Overall, Dolphin Drilling AS has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dolphin Drilling AS's EBIT compare to NE and RIG?
Dolphin Drilling AS's EBIT of kr-66 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Dolphin Drilling AS. Dolphin Drilling AS's current EBIT is kr-66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Drilling AS stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Drilling AS (OSL:DDRIL) is currently considered Possible Value Trap. The stock's GF Value™ is kr4.08, compared to a current price of kr2.49 — trading 39% below its estimated fair value. The current EBIT is kr-66 Mil. Dolphin Drilling AS's overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Dolphin Drilling AS (OSL:DDRIL), the current EBIT is kr-66 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dolphin Drilling AS (OSL:DDRIL) Overvalued in 2026?

Based on GuruFocus' analysis, Dolphin Drilling AS stock appears to be undervalued. The current stock price of kr2.49 is trading 39% below its estimated GF Value™ of kr4.08. GuruFocus considers Dolphin Drilling AS to be Possible Value Trap.

Key valuation signals for OSL:DDRIL:

  • EBIT: kr-66 Mil
  • GF Value™: kr4.08 vs. price of kr2.49 (39% below fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the OSL:DDRIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dolphin Drilling AS Business Description

Industry EnergyOil & Gas
Other Exchanges 5DP:Germany
Address Vestre Svanholmen 12, Sandnes, NOR, 4313
Dolphin Drilling AS is organised into one segment; drilling services to the offshore oil and gas offshore industry. The company has presence in United Kingdom, India, Nigeria, Norway, and Others. The company generates majority of revenue from India.
64GF Score

Get the complete analysis for OSL:DDRIL

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr2.49
Price
kr4.08
GF Value