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Ontology learning (OL) is the process of automatically generating an ontological knowledge base from a plain text document. In this paper, we propose a new ontology learning approach and tool, called DLOL, which generates a knowledge base in the description logic (DL) SHOQ(D) from a collection of factual non-negative IS-A sentences in English. We provide extensive experimental results on the accuracy of DLOL, giving experimental comparisons to three state-of-the-art existing OL tools, namely Text2Onto, FRED, and LExO. Here, we use the standard OL accuracy measure, called lexical accuracy, and a novel OL accuracy measure, called instance-based inference model. In our experimental results, DLOL turns out to be about 21% and 46%, respectively, better than the best of the other three approaches.