DLHC (DLH Holdings) ROE %: -9.12% (As of Mar. 2026)


DLHC DLH Holdings Corp DLHC
74 GF Score
Price $5.30
GF Value $5.48
Valuation Fairly Valued
! 7 Warning Signs
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What is DLH Holdings ROE %?

DLH Holdings DLHC 74 ROE % is -9.12% as of Mar. 2026. GuruFocus rates DLHC with a GF Score™ of 74/100 and a GF Value™ of $5.48 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,058 Business Services companies, DLH Holdings ranks worse than 79.68% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. DLH Holdings's annualized net income for the quarter that ended in Mar. 2026 was $-10.1 Mil. DLH Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $111.2 Mil. Therefore, DLH Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was -9.12%.

The historical rank and industry rank for DLH Holdings's ROE % or its related term are showing as below:

DLHC' s ROE % Range Over the Past 10 Years
Min: -3.99   Med: 11.06   Max: 29.54
Current: -3.99

During the past 13 years, DLH Holdings's highest ROE % was 29.54%. The lowest was -3.99%. And the median was 11.06%.

DLHC's ROE % is ranked worse than
79.68% of 1058 companies
in the Business Services industry
Industry Median: 8.095 vs DLHC: -3.99

DLH Holdings  (NAS:DLHC) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-10.14/111.229
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.14 / 237.06)*(237.06 / 280.11)*(280.11 / 111.229)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.28 %*0.8463*2.5183
=ROA %*Equity Multiplier
=-3.62 %*2.5183
=-9.12 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-10.14/111.229
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-10.14 / -12.776) * (-12.776 / -0.22) * (-0.22 / 237.06) * (237.06 / 280.11) * (280.11 / 111.229)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7937 * 58.0727 * -0.09 % * 0.8463 * 2.5183
=-9.12 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


DLH Holdings ROE % Related Terms


DLH Holdings ROE % Historical Data

* Premium members only.

The historical data trend for DLH Holdings's ROE % 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.

DLH Holdings ROE % Chart

DLH Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.04 29.54 1.50 6.96 1.22

DLH Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 3.13 1.02 -3.24 -4.70 -9.12

DLHC vs TISI, ANPA, WFCF: ROE % Comparison

For the Specialty Business Services subindustry, DLH Holdings's ROE %, along with its competitors' market caps and ROE % 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.


DLH Holdings ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, DLH Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where DLH Holdings's ROE % falls into.


DLHC
74GF Score
DLH Holdings Corp DLHC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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DLH Holdings ROE % Calculation

DLH Holdings's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=1.362/( (110.132+112.958)/ 2 )
=1.362/111.545
=1.22 %

DLH Holdings's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-10.14/( (112.188+110.27)/ 2 )
=-10.14/111.229
=-9.12 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -9.12% mean?
DLH Holdings (DLHC) has a ROE % of -9.12% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on DLH Holdings and its competitors. According to the industry distribution chart, DLH Holdings ranks #843 out of 1058 companies in the Business Services industry, placing it in the top 79.7%.
Is DLH Holdings' ROE % too high?
DLH Holdings' current ROE % is -9.12%. Based on the distribution chart, DLH Holdings ranks #843 out of 1058 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, DLH Holdings has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DLH Holdings' ROE % compare to TISI and ANPA?
According to the Business Services industry distribution chart, DLH Holdings ranks #843 out of 1058 companies for ROE %. This places DLH Holdings in the lower half of its industry. The industry median ROE % is 8.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,058 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on DLH Holdings and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DLH Holdings's current ROE % is -9.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DLH Holdings stock overvalued right now?
Based on GuruFocus' analysis, DLH Holdings (DLHC) is currently considered Fairly Valued. The stock's GF Value™ is $5.48, compared to a current price of $5.30 — trading 3.3% below its estimated fair value. The current ROE % is -9.12%. DLH Holdings' overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For DLH Holdings (DLHC), the current ROE % is -9.12% 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 DLH Holdings (DLHC) Overvalued in 2026?

Based on GuruFocus' analysis, DLH Holdings stock appears to be undervalued. The current stock price of $5.30 is trading 3.3% below its estimated GF Value™ of $5.48. GuruFocus considers DLH Holdings to be Fairly Valued.

Key valuation signals for DLHC:

  • ROE %: -9.12%
  • GF Value™: $5.48 vs. price of $5.30 (3.3% below fair value)
  • GF Score™: 74/100 with 7 warning signs

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


DLH Holdings Business Description

Other Exchanges TS8A:Germany
Address 3565 Piedmont Road, Building 3, Suite 700, Atlanta, GA, USA, 30305
DLH Holdings Corp delivers health and readiness solutions for federal government customers through digital transformation and cyber security, science research and development, and systems engineering and integration. It provides technology-enabled business process, program management, and digital transformation solutions to U.S. government agencies, focusing on large-scale, technology-powered health and defense initiatives for agencies including HHS, VA, DoD, and their sub-agencies. Its revenues come from technology-enabled business process outsourcing, program management solutions, and public health research and analytics under time-and-materials, cost-reimbursable, and firm-fixed-price contracts.
74GF Score

Get the complete analysis for DLHC

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

$5.30
Price
$5.48
GF Value