The historical rank and industry rank for Dolphin Drilling AS's ROE % or its related term are showing as below:
OSL:DDRIL'
s ROE % Range Over the Past 10 Years
Min: -207.54 Med: -90.78 Max: 9.32
Current: -194.7
During the past 13 years, Dolphin Drilling AS's highest ROE % was 9.32%. The lowest was -207.54%. And the median was -90.78%.
OSL:DDRIL's ROE % is ranked worse than 96.66% of 957
companies
in the Oil & Gas industry
Industry Median: 5.71
vs OSL:DDRIL: -194.70
Dolphin Drilling AS (OSL:DDRIL) 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:
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.
Dolphin Drilling AS ROE % Related Terms
Dolphin Drilling AS ROE % Historical Data
* Premium members only.
The historical data trend for Dolphin Drilling AS'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.
For the Oil & Gas Drilling subindustry, Dolphin Drilling AS'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.
Dolphin Drilling AS ROE % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dolphin Drilling AS's ROE % distribution charts can be found below:
* The bar in red indicates where Dolphin Drilling AS's ROE % falls into.
* 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.
Dolphin Drilling AS (OSL:DDRIL) has a ROE % of -84.47% 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 Dolphin Drilling AS and its competitors. According to the industry distribution chart, Dolphin Drilling AS ranks #925 out of 957 companies in the Oil & Gas industry, placing it in the top 96.7%.
Is Dolphin Drilling AS's ROE % too high?
Dolphin Drilling AS's current ROE % is -84.47%. Based on the distribution chart, Dolphin Drilling AS ranks #925 out of 957 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. 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 ROE % compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Dolphin Drilling AS ranks #925 out of 957 companies for ROE %. This places Dolphin Drilling AS in the lower half of its industry. The industry median ROE % is 5.71. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.71, based on 957 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 Dolphin Drilling AS and its competitors. For the Oil & Gas industry, the median ROE % is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dolphin Drilling AS's current ROE % is -84.47%. 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 kr4.07, compared to a current price of kr2.50 — trading 38.6% below its estimated fair value. The current ROE % is -84.47%. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Dolphin Drilling AS (OSL:DDRIL), the current ROE % is -84.47% 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 kr2.50 is trading 38.6% below its estimated GF Value™ of kr4.07.
GuruFocus considers Dolphin Drilling AS to be Possible Value Trap.
Key valuation signals for OSL:DDRIL:
ROE %: -84.47%
GF Value™: kr4.07 vs. price of kr2.50 (38.6% below fair value)
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 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
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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