Last 48 quarters of trend data · Energy · Oil & Gas Midstream
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
DHT Holdings, Inc.'s quarterly P/E stands at 4.5x, down 53.9% year-over-year — suggesting improving earnings relative to price.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 14.42 | 4.48 | 7.45 | 10.74 | 7.72 | 9.72 | 6.83 | 12.53 | 10.71 | 9.91 | 11.15 | 13.55 | 6.09 |
| — | -53.9% | +9.0% | -14.3% | -27.9% | -1.9% | -38.7% | -7.5% | +75.8% | -15.6% | +90.8% | -69.1% | -76.8% | |
| P/S Ratio | 6.12 | 3.95 | 3.41 | 4.50 | 3.39 | 3.55 | 2.85 | 3.13 | 3.09 | 3.16 | 2.78 | 3.17 | 2.27 |
| — | +11.1% | +19.7% | +43.6% | +9.6% | +12.6% | +2.6% | -1.1% | +35.8% | -5.2% | +29.2% | +13.0% | -11.1% | |
| P/B Ratio | 2.68 | 2.39 | 1.73 | 1.76 | 1.60 | 1.59 | 1.44 | 1.72 | 1.79 | 1.78 | 1.53 | 1.62 | 1.31 |
| — | +50.4% | +20.6% | +2.6% | -11.0% | -10.7% | -6.2% | +5.9% | +36.7% | +5.8% | +13.9% | +34.0% | +31.4% | |
| P/FCF | — | — | — | 21.66 | 9.94 | 12.62 | 7.10 | 8.53 | 15.27 | 7.03 | 9.87 | — | 5.06 |
| — | — | — | +154.1% | -34.9% | +79.4% | -28.1% | — | +202.1% | -17.8% | +144.3% | — | -56.9% | |
| EV / EBITDA | 12.28 | 6.24 | 6.08 | 7.22 | 5.66 | 6.46 | 5.18 | 7.51 | 6.91 | 6.52 | 6.74 | 7.53 | 4.59 |
| — | -3.5% | +17.4% | -3.8% | -18.1% | -0.8% | -23.1% | -0.2% | +50.4% | -8.2% | +50.0% | -19.4% | -40.6% | |
| EV / EBIT | 19.97 | 4.92 | 8.44 | 11.17 | 8.12 | 10.00 | 7.48 | 12.42 | 10.52 | 9.73 | 10.90 | 12.98 | 6.51 |
| — | -50.8% | +12.8% | -10.1% | -22.8% | +2.8% | -31.4% | -4.3% | +61.6% | -12.0% | +73.9% | -52.1% | -68.9% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
DHT Holdings, Inc.'s operating margin was 57.7% in Q1 2026, up 10.4 pp QoQ and up 16.5 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 49.1% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 106.7% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 38.2% | 60.4% | 51.2% | 32.5% | 37.0% | 29.2% | 50.4% | 32.7% | 37.4% | 40.9% | 33.3% | 33.0% | 44.4% |
| — | +106.7% | +1.7% | -0.5% | -1.2% | -28.5% | +51.4% | -0.9% | -15.6% | +6.5% | -20.8% | +290.8% | +910.8% | |
| Operating Margin | 34.2% | 57.7% | 47.3% | 44.2% | 47.0% | 41.2% | 46.3% | 29.7% | 34.4% | 37.7% | 30.5% | 29.7% | 41.4% |
| — | +40.0% | +2.1% | +48.5% | +36.5% | +9.4% | +52.1% | +0.1% | -16.9% | +8.1% | -24.5% | +166.8% | +221.1% | |
| Net Margin | 42.5% | 88.2% | 45.9% | 41.7% | 43.7% | 37.2% | 41.8% | 24.8% | 29.3% | 31.9% | 24.9% | 23.4% | 37.3% |
| — | +137.1% | +9.8% | +68.5% | +49.1% | +16.7% | +68.2% | +6.0% | -21.3% | +10.7% | -32.7% | +265.6% | +283.2% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 19.4% | 13.9% | 5.9% | 4.1% | 5.2% | 4.2% | 5.3% | 3.4% | 4.3% | 4.5% | 3.4% | 2.9% | 5.4% |
| — | +231.6% | +12.1% | +21.1% | +22.8% | -7.2% | +53.9% | +15.0% | -21.3% | +25.7% | -42.1% | +327.8% | +470.7% | |
| ROA | 13.7% | 9.7% | 4.4% | 3.2% | 3.9% | 3.0% | 3.7% | 2.4% | 3.0% | 3.2% | 2.4% | 2.1% | 3.8% |
| — | +224.1% | +18.7% | +33.3% | +29.7% | -5.3% | +56.9% | +15.4% | -22.1% | +23.7% | -43.3% | +340.6% | +517.4% | |
| ROIC | 8.9% | 5.2% | 3.7% | 2.7% | 3.4% | 2.7% | 3.3% | 2.3% | 2.8% | 3.0% | 2.3% | 2.2% | 3.6% |
| — | +93.7% | +11.1% | +19.2% | +20.2% | -10.7% | +41.9% | +6.3% | -21.0% | +16.3% | -37.4% | +226.8% | +437.1% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
DHT Holdings, Inc.'s Debt/EBITDA ratio is 3.8x, down from 4.5x last quarter — at a moderate level that warrants monitoring. The current ratio has improved 14.7% YoY to 1.83x, strengthening the short-term liquidity position. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.38 | 0.41 | 0.38 | 0.25 | 0.28 | 0.34 | 0.40 | 0.39 | 0.40 | 0.38 | 0.42 | 0.43 | 0.37 |
| — | +19.7% | -4.6% | -37.7% | -30.1% | -10.0% | -4.9% | -7.5% | +8.7% | +1.1% | +12.8% | +3.3% | -22.3% | |
| Debt / EBITDA | 1.55 | 3.80 | 4.51 | 3.66 | 3.50 | 4.78 | 4.67 | 5.79 | 5.19 | 4.75 | 5.99 | 6.48 | 4.33 |
| — | -20.6% | -3.5% | -36.8% | -32.5% | +0.5% | -22.0% | -10.6% | +19.9% | -13.6% | +44.1% | -34.4% | -59.4% | |
| Current Ratio | 2.80 | 1.83 | 2.80 | 2.41 | 2.33 | 1.59 | 1.84 | 2.41 | 2.87 | 3.30 | 3.54 | 2.28 | 3.12 |
| — | +14.7% | +51.8% | -0.0% | -19.0% | -51.6% | -48.0% | +6.0% | -7.9% | -5.3% | -3.2% | -9.3% | +4.1% | |
| Quick Ratio | 2.47 | 1.62 | 2.47 | 2.02 | 1.96 | 1.29 | 1.50 | 1.97 | 2.33 | 2.69 | 2.94 | 1.80 | 2.66 |
| — | +25.9% | +64.6% | +2.8% | -16.0% | -52.1% | -49.1% | +9.6% | -12.4% | -11.3% | -6.4% | -9.0% | +14.5% | |
| Interest Coverage | 15.92 | 38.22 | 29.94 | 18.36 | 14.39 | 9.64 | 9.60 | 5.82 | 6.63 | 6.39 | 4.83 | 4.45 | 8.46 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying DHT stock.
DHT Holdings, Inc.'s current P/E is 14.4x. The average P/E over the last 4 quarters is 7.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
DHT Holdings, Inc.'s current operating margin is 34.2%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking DHT Holdings, Inc.'s business trajectory between earnings reports.