LPG Financials Dorian Lpg Ltd.

12 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has grown 8.8% per year over the past 5 years.
Net income has grown faster than revenue (28.1% vs 8.8% per year).
Operating margin has expanded, at 43.6% in the latest year.
Free cash flow has grown 22.2% per year over the past 5 years.

Financial health

Total debt ($560M) exceeds cash ($327M); net debt is $233M.
Total debt has grown slower than revenue (-1.1% vs 8.8% per year).
Operating income covered interest expense 7.2× in the latest year.
Total debt is 2.0× EBITDA.

Shareholder returns

Dividends have been paid for 5 consecutive years, consuming 54.2% of earnings.
The dividend has grown 7.0% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2026	$482M	$194M	0.0%	43.6%	—	$560M	$327M
2025	$353M	$90M	0.0%	31.9%	—	$553M	$317M
2024	$561M	$307M	0.0%	58.6%	—	$605M	$283M
2023	$390M	$172M	0.0%	50.9%	$155M	$657M	$149M
2022	$274M	$72M	0.0%	33.7%	$96M	$663M	$237M
2021	$316M	—	0.0%	36.7%	$161M	$591M	$79M
2020	$333M	—	0.0%	48.3%	$149M	$635M	$48M
2019	$158M	—	0.0%	-5.0%	$5M	$696M	$31M
2018	$159M	—	0.0%	2.4%	$57M	$759M	$104M
2017	$167M	—	0.0%	8.4%	$50M	$750M	$17M
2016	$289M	—	0.0%	54.8%	-$744M	$813M	$46M
2015	$104M	—	0.0%	28.9%	—	$200M	$205M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$153M	$81M	0.0%	54.8%	—	$560M	$327M
Dec '25	$120M	$47M	0.0%	42.8%	—	$513M	$294M
Sep '25	$124M	$55M	0.0%	47.8%	—	$526M	$268M
Jun '25	$84M	$10M	0.0%	18.5%	—	$540M	$278M
Mar '25	$76M	$8M	0.0%	19.4%	—	$553M	$317M
Dec '24	$81M	$21M	0.0%	29.0%	—	$566M	$315M
Sep '24	$82M	$9M	0.0%	23.2%	—	$579M	$349M
Jun '24	$114M	$51M	0.0%	48.5%	—	$592M	$353M
Mar '24	$141M	$79M	0.0%	58.3%	—	$605M	$283M
Dec '23	$163M	$100M	0.0%	67.7%	—	$618M	$208M
Sep '23	$145M	$77M	0.0%	55.6%	—	$631M	$192M
Jun '23	$112M	$52M	0.0%	49.9%	—	$644M	$156M
Mar '23	$134M	$76M	0.0%	62.7%	—	$657M	$149M
Dec '22	$103M	$51M	0.0%	55.6%	—	$629M	$130M
Sep '22	$76M	$20M	0.0%	37.0%	—	$642M	$141M
Jun '22	$77M	$25M	0.0%	37.7%	—	$657M	$156M
Mar '22	$80M	—	0.0%	47.1%	—	$663M	$237M
Dec '21	$69M	—	0.0%	32.9%	—	$576M	$116M
Sep '21	$63M	—	0.0%	30.3%	—	$567M	$98M
Jun '21	$63M	—	0.0%	21.1%	—	$579M	$78M

Valuation over time

How the market has priced LPG against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 4.9× (Mar '23) to 8.1× (Jun '26).
The price-to-sales ratio has risen from 2.2× (Mar '23) to 3.3× (Jun '26).
The dividend yield has fallen from 26.0% (Mar '23) to 6.7% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is LPG growing its revenue and profit?

Over the past 5 years, Dorian Lpg Ltd.'s revenue has grown 8.8% per year, and net income grown 28.1% per year. These are computed facts, not advice.

How much debt does LPG have?

As of FY2026, Dorian Lpg Ltd. reported $560M of total debt against $327M of cash; operating income covered interest expense 7.2×.

What is LPG's profit margin?

In FY2026, gross margin was —, operating margin 43.6%, and net margin 40.2%.

What is LPG's P/E ratio?

As of Jun '26, Dorian Lpg Ltd. traded at a price-to-earnings ratio of about 8.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.