Dolphin Drilling AS

As of June 30, 2026, Dolphin Drilling AS carries a market capitalization of 988.42M, placing it among publicly traded companies globally. Its enterprise value stands at 1.35B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Dolphin Drilling AS's next confirmed earnings release is scheduled for November 27, 2026.

As of June 30, 2026, Dolphin Drilling AS has 406.76M shares outstanding.

These figures are as of June 30, 2026. The price-to-sales ratio is 0.29, and the price-to-book ratio stands at 1.30.

As of June 30, 2026, Dolphin Drilling AS trades at an EV/EBITDA multiple of 8.34 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.78 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 1.35B versus a market cap of 988.42M, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Dolphin Drilling AS maintains a current ratio of 1.92, meaning it holds 1.9x the short-term assets needed to cover near-term liabilities.

Over the twelve months ended June 30, 2026, Dolphin Drilling AS posted a negative return on equity (ROE) of -63.38, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -14.78, reflecting losses generated across the asset base. The company generates approximately 7.61M in revenue per employee across its workforce of 226.50, a quick read on workforce productivity versus industry peers. Inventory turnover of 6.59 indicates how many times Dolphin Drilling AS sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, Dolphin Drilling AS recorded 18.79M in income tax expense. The company reported a pretax loss of -262.11M and -279.92M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

As of the close on October 22, 2026, Dolphin Drilling AS's stock has declined approximately 49.26% over the past 52 weeks. The 50-day moving average sits at 2.01, while the 200-day moving average is 2.47.

Over the twelve months ended June 30, 2026, Dolphin Drilling AS generated 1.72B in revenue and converted that into -279.92M in net income, yielding earnings per share of -1.35. EBITDA reached 161.35M, while operating income came in at -27.69M.

As of June 30, 2026, Dolphin Drilling AS holds 503.45M in cash and equivalents against 860.52M in total debt, resulting in a net debt position of 357.07M. Total book value stands at 760.62M, with working capital of 509.39M providing operational flexibility.

Dolphin Drilling AS produced -347.13M in operating cash flow over the twelve months ended June 30, 2026.

Over the twelve months ended June 30, 2026, Dolphin Drilling AS posted a gross margin of 45.15, reflecting its pricing power and cost economics. The operating margin of -1.61 and net profit margin of -16.24 provide insight into operational efficiency.

These figures cover the twelve months ended June 30, 2026. Free cash flow yield is negative at -68.51: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -92.98, meaning Dolphin Drilling AS raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Dolphin Drilling AS's most recent stock split took place on January 16, 2026 with a 300:1 split ratio.