Dorian LPG Ltd.

Dorian LPG Ltd.

LPG
Dorian LPG Ltd.US flagNew York Stock Exchange
55.20
USD
+1.63
- -
2.36BMarket Cap
Dorian LPG Ltd.
LPG
(New York Stock Exchange)

Recent

price

55.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
0.52
1.85
5.11
3.48
2.97
2.88
6.56
6.35
6.82
9.74
13.92
8.39
11.31
13.76
Revenue per Share
0.05
0.45
2.29
-0.03
-0.38
-0.93
2.2
1.86
1.79
4.31
7.63
2.14
4.55
7.57
Basic EPS, GAAP
-2.9
-5.14
2.66
1.08
1.06
0.16
2.93
3.24
2.38
3.88
8.82
3.66
2.73
3.5
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
1.99
5.51
4.03
3.71
2.47
2.97
Dividend per Share
12.17
15.04
17.56
17.75
17.42
16.54
19.22
22.82
22.9
21.64
25.2
24.47
26.62
28.9
Book Value per Share
12.17
15.04
17.56
17.75
17.42
16.54
19.22
22.82
22.9
21.64
25.2
24.47
26.62
28.9
Tangible Book Value per Share
57
56
57
48
54
55
51
50
40
40
40
42
43
43
Basic Weighted Avg Shares
30
104
289
167
159
158
333
316
274
390
561
353
482
585
Sales/Revenue/Turnover
14.82
30.27
55.16
8.36
2.41
-5.04
48.31
36.75
31.05
50.89
58.64
31.88
44.01
53.07
Operating Margin (%)
7
14
43
65
65
65
68
78
66
63
69
70
72
71
Depreciation Expense
3
25
130
-1
-20
-51
112
93
72
172
307
90
194
322
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
9.56
24.26
44.84
-0.86
-12.8
-32.24
33.54
29.3
26.23
44.24
54.83
25.52
40.22
55
Profit Margin (%)
300
205
17
-22
53
3
55
71
213
142
267
274
281
498
Working Capital
119
185
746
684
694
632
600
548
591
739
711
623
562
443
LT Debt
692
873
986
976
959
913
977
947
920
874
1,024
1,046
1,139
1,237
Total Equity
- -
3.32
11.1
- -
- -
- -
9.92
7.27
5.41
12.09
18.73
6.29
11.75
17.21
Return on Invested Capital (%)
- -
2.58
9.69
- -
- -
- -
8.88
7.15
5.83
12.34
19.68
6.89
12.22
19.38
Return on Capital (%)
- -
3.23
13.95
-0.15
-2.11
-5.44
11.84
9.62
7.71
19.22
32.41
8.71
17.73
28.34
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
146
147
203
LT Borrowings
415
460
349
LT Finance Leases
113
102
94
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
43
43
43
Market Capitalization
1,040
1,463
1,488

Working Capital

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
392
450
719
Cash, Cash Equivalents & STI
294
327
342
Accounts Receivable, Net
2
2
4
Inventories
2
2
3
Total Current Liabilities
162
169
221
Payables & Accruals
16
13
16
ST Debt
146
147
203
Deferred Revenue
1
2
2

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.68%
4.07%
8.88%
Free Cash Flow
152.4%
13.94%
-24.51%
Net Income, GAAP
126.66%
47.97%
114.78%
Sales/Revenue/Turnover
13.01%
14.42%
36.27%
Total Cash Common Dividend
- -
- -
-32.86%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
114
82
81
76
353
2026
84
124
120
153
482
2027
188
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.25
0.22
0.5
0.19
2.14
2026
0.24
1.3
1.11
1.91
4.55
2027
3.25
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.99
1.03
1
0.7
3.71
2026
0.5
0.62
0.65
0.7
2.47
2027
1
- -
- -
- -
- -
Business
Dorian LPG Ltd. (NYSE: LPG) owns and operates a fleet of modern very large gas carriers (VLGCs) focused on the transportation of liquefied petroleum gas (LPG), primarily propane and butane, worldwide. The company provides maritime transportation services to major energy companies, commodity traders, and industrial users; its fleet includes 22 VLGCs, such as the Capricorn-class dual-fuel vessels and the eco-efficient ECO-design ships equipped with advanced propulsion systems for reduced emissions. Dorian LPG operates in key LPG shipping routes across the Atlantic, Pacific, and Indian Oceans, serving markets in North America, Europe, Asia, and the Middle East from its headquarters in New York City, where it was founded in 2013 following the conversion from a special purpose acquisition company. The company targets the growing global demand for LPG in petrochemical production, heating, and as a cleaner alternative fuel, with subsidiaries like Dorian LPG (UK) Ltd. managing technical operations in London. In recent developments, Dorian LPG completed a strategic fleet renewal by taking delivery of its final Capricorn-class dual-fuel VLGC in early 2025, enhancing its position in low-carbon shipping amid tightening environmental regulations; additionally, the company announced a multi-year charter extension with a leading Asian petrochemical firm in late 2024, bolstering revenue stability, and reported record time charter equivalent earnings in fiscal 2025 driven by elevated spot market rates.

Company News

  • Dorian LPG Ltd (LPG) Shares Surge 3.0% -- What GF Score of 83 Tells Investors

  • Dorian LPG Ltd. Announces VLGC Newbuilding Contracts, Forward Chartering Estimates, and New Credit Facility

  • BW LPG Successfully Places a USD 300 Million Offering of Senior Unsecured Convertible Bonds

  • BW LPG Launches Approximately USD 300 Million Senior Unsecured Convertible Bond Offering

  • Persian Gulf oil exports rebound to two-thirds of pre-war levels — could keep oil below $90 mark

  • BW LPG Q2 Earnings Call Highlights

  • BW LPG Limited – Financial Results for Q2 2026

  • Dorian LPG Ltd (LPG) Shares Fall 5.7% -- GF Value Says Still Overvalued

  • Strong Midstream 2Q26 Earnings Boost Full-Year Outlook

  • Fusion Fuel Announces Approximately $1.4 Million in New LPG Engineering Subcontracts Signed in Dubai, UAE, with Potential Annual Utility Revenue of Up to $1.0 Million

  • California State Teachers Retirement System Increases Stake in Dorian LPG Ltd. $LPG

  • Indian retailers' losses on domestic LPG sales narrow in August

  • Dorian LPG Q1 Earnings Call Highlights

  • Dorian LPG Ltd. (LPG) Q1 2027 Earnings Call Transcript

  • Dorian LPG Ltd. Announces First Quarter Fiscal Year 2027 Financial Results

  • Dorian LPG Ltd. Announces First Quarter 2027 Earnings and Conference Call Date and Completion of the Sale of Constellation

  • India's top refiner scouts stakes in gas carriers as it plans higher US imports

  • Dorian LPG: The 10% Yield Comes With Cycle Risk

  • Macro Tailwinds Power a Strong First Half for Midstream

  • Dorian LPG: It Still Has Plenty More To Give