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Drilling Tools InternationalDTI -0.77%63 Altman Z2-Score is 2.18 as of Sep. 09, 2026, which is 3% below its 10-year median of 2.24. GuruFocus rates DTI with a GF Score™ of 63/100 and a GF Value™ of $2.69 (Fairly Valued). The stock has 7 warning signs investors should review. Among 983 Oil & Gas companies, Drilling Tools International ranks better than 52.09% on this metric.
Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.
Drilling Tools International has a Altman Z2-Score of 2.18, indicating it is in Grey Zones. This implies that Drilling Tools International is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.
The zones of discrimination were as such:
When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.
The historical rank and industry rank for Drilling Tools International's Altman Z2-Score or its related term are showing as below:
DTI'
s Altman Z2-Score Range Over the Past 10 Years
Min: 1.69 Med: 2.24 Max: 4.22
Current: 2.18
During the past 5 years, Drilling Tools International's highest Altman Z2-Score was 4.22. The lowest was 1.69. And the median was 2.24.
Drilling Tools International (NAS:DTI) Altman Z2-Score Explanation
The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
* 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.
Drilling Tools International Altman Z2-Score Chart
DTI vs LSE, DWSN, GEOS: Altman Z2-Score Comparison
For the Oil & Gas Equipment & Services subindustry, Drilling Tools International's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score 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.
Drilling Tools International Altman Z2-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Drilling Tools International's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Drilling Tools International's Altman Z2-Score falls into.
Drilling Tools International Altman Z2-Score Calculation
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.
* 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. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.
Drilling Tools International (DTI) has a Altman Z2-Score of 2.18 as of Sep. 09, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Drilling Tools International and its competitors. This is near median its historical median of 2.24. Over the past decade, Drilling Tools International's Altman Z2-Score has ranged from 1.69 to 4.22. According to the industry distribution chart, Drilling Tools International ranks #471 out of 983 companies in the Oil & Gas industry, placing it in the top 47.9%.
Is Drilling Tools International's Altman Z2-Score too high?
Drilling Tools International's current Altman Z2-Score of 2.18 is near median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 4.22. The Oil & Gas industry median Altman Z2-Score is 2.05. Drilling Tools International's value of 2.18 is 6.3% above this industry median. Based on the distribution chart, Drilling Tools International ranks #471 out of 983 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Drilling Tools International has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Drilling Tools International's Altman Z2-Score compare to LSE and DWSN?
According to the Oil & Gas industry distribution chart, Drilling Tools International ranks #471 out of 983 companies for Altman Z2-Score. This puts Drilling Tools International in the upper half of its industry. The industry median Altman Z2-Score is 2.05. Drilling Tools International's value of 2.18 is 6.3% above this benchmark. Historically, Drilling Tools International's own Altman Z2-Score has ranged from 1.69 to 4.22 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 2.05, Drilling Tools International 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 Altman Z2-Score for an Oil & Gas company?
The median Altman Z2-Score among Oil & Gas companies is 2.05, based on 983 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Drilling Tools International's current Altman Z2-Score of 2.18 is 6.3% 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 Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Drilling Tools International and its competitors. For the Oil & Gas industry, the median Altman Z2-Score is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Drilling Tools International's current Altman Z2-Score is 2.18, which is near median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Drilling Tools International stock overvalued right now?
Based on GuruFocus' analysis, Drilling Tools International (DTI) is currently considered Fairly Valued. The stock's GF Value™ is $2.69, compared to a current price of $2.58 — trading 4.3% below its estimated fair value. The current Altman Z2-Score is 2.18, which is near median its 10-year median of 2.24 and 6.3% above the Oil & Gas industry median of 2.05. Drilling Tools International's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Drilling Tools International (DTI), the current Altman Z2-Score is 2.18 as of Sep. 09, 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 Drilling Tools International (DTI) Overvalued in 2026?
Based on GuruFocus' analysis, Drilling Tools International stock appears to be undervalued.
The current stock price of $2.58 is trading 4.3% below its estimated GF Value™ of $2.69.
GuruFocus considers Drilling Tools International to be Fairly Valued.
Key valuation signals for DTI:
Altman Z2-Score: 2.18 (near median its 10-year median of 2.24)
GF Value™: $2.69 vs. price of $2.58 (4.3% below fair value)
Industry Position: 6.3% above the Oil & Gas median (#471 of 983)
No single metric tells the full story. See the DTI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Drilling Tools International Corp is an oilfield services company that designs, engineers, and manufactures rental-focused tools used in onshore and offshore horizontal and directional drilling operations, as well as solutions across the well life cycle. It operates through two geographic segments: Western Hemisphere and Eastern Hemisphere. The Western Hemisphere, which generates the majority of revenue, provides downhole drilling tools and rental services for onshore and offshore operations across North America and Latin America, supported by service centers in the U.S. and Canada. The Eastern Hemisphere covers Europe, the Middle East, and Asia-Pacific, where the company offers drilling and well lifecycle solutions through international service centers across the EMEA and APAC regions.
63GF Score
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