Dorian LPG
LPG NYSE· Oil & Gas Storage & Transportation
Last close · Oct 26, 2026
$55.18
KIRA · Stoqly’s AI analyst, in plain words
- Dorian LPG had $482M of revenue in fiscal 2026, up 36.3% on the year before. Over five years, revenue changed +8.8% a year on average.
- Its operating margin was 43.7%, up 11.8 pts: of every 100 in sales, about 44 is left after running the business.
- Dorian LPG made $194M of net profit in fiscal 2026.
- Dorian LPG returned $112M to shareholders in fiscal 2026. The diluted share count rose 0.9%.
- Dorian LPG owes $233M more than it holds in cash, about 0.8 years of operating profit.
Market cap
$2.4B
P/E
7.3x
Revenue
$482M
Net income
$194M
Free cash flow
—
Operating margin
43.7%
Dorian LPG in 30 seconds · fiscal 2026
Are sales growing?
+36.3%
Yes. Sales grew 36.3% last year.
Does it make a profit?
40.2%
Yes. It keeps 40.2% of every sale as profit.
Is debt under control?
0.8x
Yes. It could repay its debt with 0.8 years of operating profit.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
How is the share priced?
7.3x
One share costs 7.3 times its yearly profit per share. Typical for its sector: 17.4x.
What Dorian LPG does
No business description yet.
- Fiscal year ends
- March 31, 2026
- Latest annual report
- 10-K · May 27, 2026
- Legal name
- DORIAN LPG LTD.
- CIK
- 0001596993
Dorian LPG · LPG
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $274M | $390M | $561M | $353M | $482M |
| Revenue growth | −13.2% | 42.1% | 43.9% | −37.0% | 36.3% |
| Operating margin | 33.7% | 50.9% | 58.6% | 31.9% | 43.7% |
| Net income | $71.9M | $172M | $307M | $90.2M | $194M |
| Net margin | 26.2% | 44.2% | 54.8% | 25.5% | 40.2% |
| Diluted EPS | $1.78 | $4.29 | $7.60 | $2.14 | $4.54 |
| Cash | |||||
| Cash from operations | $119M | $224M | $388M | $173M | $210M |
| Capital expenditure | $23.2M | $68.8M | — | — | — |
| Free cash flow | $95.5M | $155M | — | — | — |
| FCF margin | 34.8% | 39.8% | — | — | — |
| Dividends paid | $80.1M | $221M | $162M | $156M | $105M |
| Share buybacks | $21.4M | $1.7M | $3.9M | $6.3M | $7.0M |
| Share count change | −19.0% | −0.4% | 0.6% | 4.4% | 0.9% |
| Debt and strength | |||||
| Cash and short-term investments | $237M | $149M | $294M | $317M | $327M |
| Debt incl. finance leases | $663M | $657M | $605M | $553M | $560M |
| Shareholders' equity | $920M | $874M | $1.0B | $1.0B | $1.1B |
| Net debt / EBITDA | 2.7x | 1.9x | 0.8x | 1.3x | 0.8x |
| Current ratio | 3.3x | 2.5x | 3.6x | 3.5x | 2.7x |
| Interest coverage | 4.6x | 6.3x | 8.1x | 3.2x | 7.2x |
| Returns and quality | |||||
| Return on capital | 5.2% | 11.5% | 19.1% | 6.8% | 12.5% |
| Return on equity | 7.7% | 19.2% | 32.4% | 8.7% | 17.7% |
| Piotroski F-score | 5 | 7 | 7 | 4 | 5 |
| Altman Z'' | 3.2 | 2.9 | 4.1 | 3.5 | 4.1 |
Insiders bought, 12 months
$0.4M
1 insider
Insiders sold, 12 months
$12.1M
8 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Dorian LPG · LPG
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Dorian LPG LPG | $2.4B | 36.3% | 43.7% | — | 12.5% | 7.3x | 5 |
| International Seaways INSW | $5.7B | −11.4% | 41.0% | 44.9% | — | 7.3x | 6 |
| Antero Midstream AM | $9.9B | 7.4% | 54.3% | — | 9.2% | 24.8x | 7 |
| DT Midstream DTM | $13.0B | 26.7% | 49.4% | 35.5% | 5.7% | 27.8x | 7 |
| Viper Energy VNOM | $9.1B | 62.0% | −10.0% | — | −1.3% | — | 3 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $55.18 a share, the company is worth $2.4B: 7.3 times its earnings of the last four quarters.
Dorian LPG grew sales faster than 3 of its 4 similar companies. Its P/E is higher than 1 of 3.
Source: SEC EDGAR XBRL filings (CIK 0001596993). Data updated October 21, 2026. For information only — not investment advice. Check the original filings before relying on any figure.