ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Tax Rate %: 9.12% (As of Mar. 2026)

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ADX:ADNOCDRILL ADNOC Drilling Company PJSC ADX:ADNOCDRILL
90 GF Score
Price د.إ6.04
GF Value د.إ6.49
Valuation Fairly Valued
! 5 Warning Signs
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What is ADNOC Drilling Company PJSC Tax Rate %?

ADNOC Drilling Company PJSC ADX:ADNOCDRILL -0.33% 90 Tax Rate % is 9.12% as of Mar. 2026. GuruFocus rates ADX:ADNOCDRILL with a GF Score™ of 90/100 and a GF Value™ of د.إ6.49 (Fairly Valued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ADNOC Drilling Company PJSC's Tax Expense for the three months ended in Mar. 2026 was د.إ128 Mil. ADNOC Drilling Company PJSC's Pre-Tax Income for the three months ended in Mar. 2026 was د.إ1,401 Mil. Therefore, ADNOC Drilling Company PJSC's Tax Rate % for the quarter that ended in Mar. 2026 was 9.12%.

ADNOC Drilling Company PJSC Tax Rate % Related Terms

ADNOC Drilling Company PJSC Tax Rate % Historical Data

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The historical data trend for ADNOC Drilling Company PJSC's Tax Rate % 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.

ADNOC Drilling Company PJSC Tax Rate % Chart

ADNOC Drilling Company PJSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial 0.00 0.00 0.00 8.97 8.76

ADNOC Drilling Company PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 8.75 8.78 8.48 9.01 9.12
ADX:ADNOCDRILL
90GF Score
ADNOC Drilling Company PJSC ADX:ADNOCDRILL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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ADNOC Drilling Company PJSC Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

ADNOC Drilling Company PJSC's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=510.841/5831.488
=8.76 %

ADNOC Drilling Company PJSC's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=127.763/1400.911
=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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 9.12% mean?
ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) has a Tax Rate % of 9.12% as of Mar. 2026.
Is ADNOC Drilling Company PJSC's Tax Rate % too high?
ADNOC Drilling Company PJSC's current Tax Rate % is 9.12%. Overall, ADNOC Drilling Company PJSC has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ADNOC Drilling Company PJSC's Tax Rate % compare to NE and RIG?
ADNOC Drilling Company PJSC's Tax Rate % of 9.12% 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 Tax Rate % for an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. ADNOC Drilling Company PJSC's current Tax Rate % 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 ADNOC Drilling Company PJSC stock overvalued right now?
Based on GuruFocus' analysis, ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) is currently considered Fairly Valued. The stock's GF Value™ is د.إ6.49, compared to a current price of د.إ6.04 — trading 6.9% below its estimated fair value. The current Tax Rate % is 9.12%. ADNOC Drilling Company PJSC's overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For ADNOC Drilling Company PJSC (ADX:ADNOCDRILL), the current Tax Rate % 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 ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Overvalued in 2026?

Based on GuruFocus' analysis, ADNOC Drilling Company PJSC stock appears to be undervalued. The current stock price of د.إ6.04 is trading 6.9% below its estimated GF Value™ of د.إ6.49. GuruFocus considers ADNOC Drilling Company PJSC to be Fairly Valued.

Key valuation signals for ADX:ADNOCDRILL:

  • Tax Rate %: 9.12%
  • GF Value™: د.إ6.49 vs. price of د.إ6.04 (6.9% below fair value)
  • GF Score™: 90/100 with 5 warning signs

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

ADNOC Drilling Company PJSC Business Description

Industry EnergyOil & Gas
Address SKEC 2, Zone 1 - E-17, P.O. Box 4017, Abu Dhabi, ARE
ADNOC Drilling Company PJSC is engaged in providing drilling services and supporting marine equipment, and the hiring out of onshore and offshore drilling rigs on behalf of related parties involved in onshore and offshore oil and gas exploration. The operating business segments are Onshore, Offshore, and OilField Services, with maximum revenue from the Onshore segment.
90GF Score

Get the complete analysis for ADX:ADNOCDRILL

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

د.إ6.04
Price
د.إ6.49
GF Value