LPG
Dorian LPG Ltd
NYSE: LPG · ENERGY · OIL & GAS MIDSTREAM
$38.76
+0.78% today
Updated 2026-04-29
Market cap
$1.66B
P/E ratio
13.70
P/S ratio
4.17x
EPS (TTM)
$2.83
Dividend yield
6.37%
52W range
$19 – $39
Volume
0.5M
Dorian LPG Ltd (LPG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.57M | $38.66M | $29.63M | $104.13M | $289.21M | $167.45M | $159.33M | $158.03M | $333.43M | $315.94M | $274.22M | $389.75M | $560.72M | $353.34M |
| Revenue growth (YoY) | — | +11.8% | -23.4% | +251.4% | +177.7% | -42.1% | -4.8% | -0.8% | +111.0% | -5.2% | -13.2% | +42.1% | +43.9% | -37.0% |
| Cost of revenue | $16.93M | $21.30M | $21.69M | $57.43M | $101.78M | $134.13M | $131.86M | $134.02M | $150.85M | $168.23M | $161.23M | $161.70M | $195.48M | $200.65M |
| Gross profit | $17.64M | $17.37M | $7.95M | $46.70M | $187.43M | $33.32M | $27.48M | $24.02M | $182.58M | $147.71M | $112.99M | $228.05M | $365.24M | $152.69M |
| Gross margin | 51.0% | 44.9% | 26.8% | 44.8% | 64.8% | 19.9% | 17.2% | 15.2% | 54.8% | 46.8% | 41.2% | 58.5% | 65.1% | 43.2% |
| R&D | — | — | — | $0.00 | — | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $1.91M | $1.98M | $3.56M | $15.27M | $29.84M | $21.73M | $26.19M | $34.46M | $23.36M | $33.89M | $30.23M | $32.09M | $39.00M | $42.63M |
| Operating income | $3.88M | $3.36M | $4.39M | $30.09M | $158.42M | $13.99M | $3.84M | $-7.96M | $161.07M | $116.10M | $92.40M | $198.36M | $328.83M | $112.64M |
| Operating margin | 11.2% | 8.7% | 14.8% | 28.9% | 54.8% | 8.4% | 2.4% | -5.0% | 48.3% | 36.7% | 33.7% | 50.9% | 58.6% | 31.9% |
| EBITDA | — | $9.74M | $11.03M | $45.61M | $202.13M | $79.05M | $69.17M | $50.89M | $212.34M | $191.91M | $158.19M | $265.87M | $414.12M | $192.98M |
| EBITDA margin | 0.0% | 25.2% | 37.2% | 43.8% | 69.9% | 47.2% | 43.4% | 32.2% | 63.7% | 60.7% | 57.7% | 68.2% | 73.9% | 54.6% |
| EBIT | — | $-1.93M | $4.41M | $31.52M | $159.54M | $13.99M | $3.84M | $-14.31M | $144.20M | $114.23M | $91.76M | $202.48M | $345.46M | $123.38M |
| Interest expense | $0.00 | $0.00 | $1.58M | $289090.00 | $12.76M | $28.97M | $35.66M | $40.65M | $36.11M | $27.60M | $27.07M | $37.80M | $40.48M | $35.81M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | — | $-4.85M | $2.83M | $25.26M | $129.69M | $-1.44M | $-20.40M | $-50.95M | $111.84M | $92.56M | $71.94M | $172.44M | $307.45M | $90.17M |
| Net income growth (YoY) | — | — | +158.4% | +791.4% | +413.4% | -101.1% | -1314.9% | -149.7% | +319.5% | -17.2% | -22.3% | +139.7% | +78.3% | -70.7% |
| Profit margin | 0.0% | -12.5% | 9.6% | 24.3% | 44.8% | -0.9% | -12.8% | -32.2% | 33.5% | 29.3% | 26.2% | 44.2% | 54.8% | 25.5% |