Dorian LPG (LPG) | Financial Analysis & Statements

Dorian LPG Ltd. | Small-cap | Energy

$26.49

2.04%

Dorian LPG vs Enbridge Dorian LPG vs Williams Companies Dorian LPG vs International Dorian LPG vs DHT Holdings Dorian LPG vs CMB Tech N.V Dorian LPG vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2025

Income Metrics

Revenue 353.3M

Gross Profit 152.7M 43.21%

Operating Income 112.6M 31.88%

Net Income 90.2M 25.52%

Balance Sheet Metrics

Total Assets 1.8B

Total Liabilities 732.6M

Shareholders Equity 1.0B

Debt to Equity 0.70

Cash Flow Metrics

Operating Cash Flow 165.8M

Free Cash Flow 154.1M

Revenue & Profitability Trend

Dorian LPG Income Statement From 2021 to 2025

Metric	2025	2024	2023	2022	2021
Revenue	353.3M	560.7M	389.7M	274.2M	315.9M
Cost of Goods Sold	200.7M	195.5M	161.7M	161.2M	168.2M
Gross Profit	152.7M	365.2M	228.0M	113.0M	147.7M
Operating Expenses	40.0M	36.4M	29.7M	27.9M	31.6M
Operating Income	112.6M	328.8M	198.4M	85.1M	116.1M
Pre-tax Income	90.2M	307.4M	172.4M	71.9M	92.6M
Income Tax	-	-	-	-	-
Net Income	90.2M	307.4M	172.4M	71.9M	92.6M
EPS (Diluted)	-	$7.60	$4.29	$1.78	$1.86

Income Statement Trend

Dorian LPG Balance Sheet From 2021 to 2025

Metric	2025	2024	2023	2022	2021
Assets
Current Assets	382.4M	368.9M	236.3M	307.9M	153.3M
Non-Current Assets	1.4B	1.5B	1.5B	1.3B	1.4B
Total Assets	1.8B	1.8B	1.7B	1.6B	1.6B
Liabilities
Current Liabilities	107.9M	101.8M	94.6M	94.8M	82.1M
Non-Current Liabilities	624.7M	712.3M	740.5M	592.4M	552.7M
Total Liabilities	732.6M	814.1M	835.1M	687.2M	634.8M
Equity
Total Shareholders Equity	1.0B	1.0B	873.8M	920.2M	946.8M

Balance Sheet Composition

Dorian LPG Cash Flow Statement From 2021 to 2025

Metric	2025	2024	2023	2022	2021
Operating Activities
Net Income	90.2M	307.4M	172.4M	71.9M	92.6M
Operating Cash Flow	165.8M	389.7M	223.1M	141.0M	175.2M
Investing Activities
Capital Expenditures	-18.9M	-32.9M	-68.8M	67.3M	-9.5M
Investing Cash Flow	-7.4M	-34.8M	-76.3M	159.2M	1.0M
Financing Activities
Dividends Paid	-156.4M	-162.3M	-220.6M	-80.1M	0
Financing Cash Flow	-131.3M	-219.7M	-235.2M	-35.2M	-174.5M
Free Cash Flow	154.1M	355.6M	155.3M	95.5M	161.1M

Cash Flow Trend

Dorian LPG Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 11.66

Forward P/E 6.38

Price to Book 1.02

Price to Sales 3.04

PEG Ratio 6.38

Profitability Ratios

Profit Margin 25.79%

Operating Margin 19.83%

Return on Equity 8.71%

Return on Assets 3.89%

Financial Health

Current Ratio 3.54

Debt to Equity 68.11

Beta 0.89

Per Share Data

EPS (TTM) $2.14

Book Value per Share $24.47

Revenue per Share $8.30

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
lpg	1.1B	11.66	1.02	8.71%	25.79%	68.11
Enbridge	98.3B	22.81	1.59	9.46%	10.33%	144.81
Williams Companies	73.9B	32.52	5.93	16.20%	20.61%	184.40
International	1.9B	6.05	1.03	17.57%	37.39%	32.85
DHT Holdings	1.9B	10.59	1.77	16.95%	31.72%	34.74
CMB Tech N.V	1.7B	4.00	1.34	18.23%	44.88%	205.74

Financial data is updated regularly. All figures are in the company's reporting currency.