Odfjell DrillingFRA:OD3 -0.41%78 Dividend Payout Ratio is 0.78 as of Mar. 2026, which is 3% above its 10-year median of 0.76. GuruFocus rates FRA:OD3 with a GF Score™ of 78/100 and a GF Value™ of €6.38 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 433 Oil & Gas companies, Odfjell Drilling ranks worse than 71.82% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Odfjell Drilling's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.78.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Odfjell Drilling Ltd is 0.87, which seems too high.
The historical rank and industry rank for Odfjell Drilling's Dividend Payout Ratio or its related term are showing as below:
FRA:OD3'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.76 Max: 0.96
Current: 0.87
During the past 13 years, the highest Dividend Payout Ratio of Odfjell Drilling was 0.96. The lowest was 0.13. And the median was 0.76.
FRA:OD3's Dividend Payout Ratio is ranked worse than 71.82% of 433
companies
in the Oil & Gas industry
Industry Median: 0.5
vs FRA:OD3: 0.87
During the past 12 months, Odfjell Drilling's average Dividends Per Share Growth Rate was 136.90% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Odfjell Drilling (FRA:OD3) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Odfjell Drilling Dividend Payout Ratio Related Terms
Odfjell Drilling Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Odfjell Drilling's Dividend Payout Ratio 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.
FRA:OD3 vs NE, RIG, VAL: Dividend Payout Ratio Comparison
For the Oil & Gas Drilling subindustry, Odfjell Drilling's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.
Odfjell Drilling Dividend Payout Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Odfjell Drilling's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Odfjell Drilling's Dividend Payout Ratio falls into.
Odfjell Drilling Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Odfjell Drilling's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Odfjell Drilling (FRA:OD3) has a Dividend Payout Ratio of 0.78 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Odfjell Drilling and its competitors. This is near median its historical median of 0.76. Over the past decade, Odfjell Drilling's Dividend Payout Ratio has ranged from 0.13 to 0.96. According to the industry distribution chart, Odfjell Drilling ranks #311 out of 433 companies in the Oil & Gas industry, placing it in the top 71.8%.
Is Odfjell Drilling's Dividend Payout Ratio too high?
Odfjell Drilling's current Dividend Payout Ratio of 0.78 is near median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.96. The Oil & Gas industry median Dividend Payout Ratio is 0.50. Odfjell Drilling's value of 0.78 is 56% above this industry median. Based on the distribution chart, Odfjell Drilling ranks #311 out of 433 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Odfjell Drilling has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odfjell Drilling's Dividend Payout Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Odfjell Drilling ranks #311 out of 433 companies for Dividend Payout Ratio. This places Odfjell Drilling in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. Odfjell Drilling's value of 0.78 is 56% above this benchmark. Historically, Odfjell Drilling's own Dividend Payout Ratio has ranged from 0.13 to 0.96 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.50, Odfjell Drilling 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 Dividend Payout Ratio for an Oil & Gas company?
The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 433 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Odfjell Drilling's current Dividend Payout Ratio of 0.78 is 56% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Odfjell Drilling and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odfjell Drilling's current Dividend Payout Ratio is 0.78, which is near median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odfjell Drilling stock overvalued right now?
Based on GuruFocus' analysis, Odfjell Drilling (FRA:OD3) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.38, compared to a current price of €7.35 — trading 15.2% above its estimated fair value. The current Dividend Payout Ratio is 0.78, which is near median its 10-year median of 0.76 and 56% above the Oil & Gas industry median of 0.50. Odfjell Drilling's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Odfjell Drilling (FRA:OD3), the current Dividend Payout Ratio is 0.78 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 Odfjell Drilling (FRA:OD3) Overvalued in 2026?
Based on GuruFocus' analysis, Odfjell Drilling stock appears to be overvalued.
The current stock price of €7.35 is trading 15.2% above its estimated GF Value™ of €6.38.
GuruFocus considers Odfjell Drilling to be Modestly Overvalued.
Key valuation signals for FRA:OD3:
Dividend Payout Ratio: 0.78 (near median its 10-year median of 0.76)
GF Value™: €6.38 vs. price of €7.35 (15.2% above fair value)
Industry Position: 56% above the Oil & Gas median (#311 of 433)
No single metric tells the full story. See the FRA:OD3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operate mobile offshore drilling units. It operates in the segments Own Fleet and External Fleet. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units, mainly operational management, management of regulatory requirements, marketing, contract negotiations, client relations, preparations for the operation, and mobilization. The majority of revenue is generated from the Own Fleet segment. Geographically, it generates the majority of its revenue from Norway.
78GF Score
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