DHT Holdings (MEX:DHTN) Operating Margin %: 57.74% (As of Mar. 2026) — 99% Above Median


MEX:DHTN DHT Holdings Inc MEX:DHTN
61 GF Score
Price MXN311.00
GF Value MXN191.99
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is DHT Holdings Operating Margin %?

DHT Holdings MEX:DHTN 61 Operating Margin % is 57.74% as of Mar. 2026, which is 99% above its 10-year median of 28.96. GuruFocus rates MEX:DHTN with a GF Score™ of 61/100 and a GF Value™ of MXN191.99 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 916 Oil & Gas companies, DHT Holdings ranks better than 93.56% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. DHT Holdings's Operating Income for the three months ended in Mar. 2026 was MXN1,941 Mil. DHT Holdings's Revenue for the three months ended in Mar. 2026 was MXN3,363 Mil. Therefore, DHT Holdings's Operating Margin % for the quarter that ended in Mar. 2026 was 57.74%.

The historical rank and industry rank for DHT Holdings's Operating Margin % or its related term are showing as below:

MEX:DHTN' s Operating Margin % Range Over the Past 10 Years
Min: -5.05   Med: 28.96   Max: 47.2
Current: 44.25


MEX:DHTN's Operating Margin % is ranked better than
93.56% of 916 companies
in the Oil & Gas industry
Industry Median: 6.86 vs MEX:DHTN: 44.25

DHT Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

DHT Holdings's Operating Income for the three months ended in Mar. 2026 was MXN1,941 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was MXN4,561 Mil.


DHT Holdings  (MEX:DHTN) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


DHT Holdings Operating Margin % Related Terms


DHT Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for DHT Holdings's Operating Margin % 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.

DHT Holdings Operating Margin % Chart

DHT Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.05 12.04 34.45 31.96 34.52

DHT Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % 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 24.54 33.40 29.56 47.41 57.74

MEX:DHTN vs TNK, NGL, SUNC: Operating Margin % Comparison

For the Oil & Gas Midstream subindustry, DHT Holdings's Operating Margin %, along with its competitors' market caps and Operating Margin % 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.


DHT Holdings Operating Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DHT Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where DHT Holdings's Operating Margin % falls into.


MEX:DHTN
61GF Score
DHT Holdings Inc MEX:DHTN
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DHT Holdings Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

DHT Holdings's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=3097.485 / 8974.041
=34.52 %

DHT Holdings's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1941.455 / 3362.666
=57.74 %

* 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 Operating Margin % →
What does a Operating Margin % of 57.74% mean?
DHT Holdings (MEX:DHTN) has a Operating Margin % of 57.74% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on DHT Holdings and its competitors. This is 99% above median its historical median of 28.96. According to the industry distribution chart, DHT Holdings ranks #59 out of 916 companies in the Oil & Gas industry, placing it in the top 6.4%.
Is DHT Holdings' Operating Margin % too high?
DHT Holdings' current Operating Margin % of 57.74% is 99% above median its 10-year median of 28.96. The Oil & Gas industry median Operating Margin % is 6.86. DHT Holdings' value of 57.74% is 741.7% above this industry median. Based on the distribution chart, DHT Holdings ranks #59 out of 916 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, DHT Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHT Holdings' Operating Margin % compare to TNK and NGL?
According to the Oil & Gas industry distribution chart, DHT Holdings ranks #59 out of 916 companies for Operating Margin %. This places DHT Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.86. DHT Holdings' value of 57.74% is 741.7% above this benchmark. While the company's 10-year median is 28.96 vs. the industry median of 6.86, DHT Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for an Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.86, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DHT Holdings's current Operating Margin % of 57.74% is 741.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on DHT Holdings and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHT Holdings's current Operating Margin % is 57.74%, which is 99% above median its own 10-year median of 28.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHT Holdings stock overvalued right now?
Based on GuruFocus' analysis, DHT Holdings (MEX:DHTN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN191.99, compared to a current price of MXN311.00 — trading 62% above its estimated fair value. The current Operating Margin % is 57.74%, which is 99% above median its 10-year median of 28.96 and 741.7% above the Oil & Gas industry median of 6.86. DHT Holdings' overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For DHT Holdings (MEX:DHTN), the current Operating Margin % is 57.74% 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 DHT Holdings (MEX:DHTN) Overvalued in 2026?

Based on GuruFocus' analysis, DHT Holdings stock appears to be overvalued. The current stock price of MXN311.00 is trading 62% above its estimated GF Value™ of MXN191.99. GuruFocus considers DHT Holdings to be Significantly Overvalued.

Key valuation signals for MEX:DHTN:

  • Operating Margin %: 57.74% (99% above median its 10-year median of 28.96)
  • GF Value™: MXN191.99 vs. price of MXN311.00 (62% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 741.7% above the Oil & Gas median (#59 of 916)

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


DHT Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges DHT:USAD8EN:Germany
Address 2 Church Street, Clarendon House, Hamilton, BMU, HM 11
DHT Holdings Inc is a crude oil tanker company. The company's primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. Its fleet trades internationally and consists of VLCC crude oil tankers. The group generates revenues from time charter and spot market operations. It operates vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. The company generates the majority of its revenue from Voyage charter revenues.
61GF Score

Get the complete analysis for MEX:DHTN

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

MXN311.00
Price
MXN191.99
GF Value