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Dorian LPG Ltd (LPG) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

ENERGY · OIL & GAS MIDSTREAM · DATA UPDATED 2026-09-06

Dorian LPG Ltd (LPG) operates in the OIL & GAS MIDSTREAM industry and is headquartered in Stamford, United States with about 602 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2026-03-31, LPG reported $482M in revenue and $194M in net income.

Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas through its LPG tankers worldwide. It owns and operates twenty-eight very large gas carriers. Dorian LPG Ltd. was incorporated in 2013 and is headquartered in Stamford, Connecticut.

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LPG Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302026-03-312025-03-312024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-31
Total Revenue$582M$482M$353M$561M$390M$274M$316M$333M$158M$159M$167M$289M$104M$30M$39M$35M
Gross Profit$369M$261M$153M$365M$228M$113M$148M$183M$24M$27M$33M$187M$47M$8M$17M$18M
Gross Margin %63.3%54.1%43.2%65.1%58.5%41.2%46.8%54.8%15.2%17.2%19.9%64.8%44.9%26.8%44.9%51.0%
Operating Income (EBIT)$336M$207M$113M$329M$198M$92M$116M$161M($8M)$4M$14M$158M$30M$4M$3M$4M
Operating Margin %57.7%43.1%31.9%58.6%50.9%33.7%36.8%48.3%-5.0%2.4%8.4%54.8%28.9%14.8%8.7%11.2%
Net Income$322M$194M$90M$307M$172M$72M$93M$112M($51M)($20M)($1M)$130M$25M$3M($5M)
Net Margin %55.3%40.2%25.5%54.8%44.2%26.2%29.3%33.5%-32.2%-12.8%-0.9%44.8%24.3%9.6%-12.6%
EBITDA$425M$295M$193M$414M$266M$158M$192M$212M$51M$69M$79M$202M$46M$11M$10M
Earnings Per Share (EPS)$7.54$4.55$2.14$7.60$4.29$1.78$1.86$2.07$-0.93$-0.38$-0.03$2.29$0.45$0.05$-0.09
Shares Outstanding (M)43M43M42M40M40M40M50M54M55M54M48M57M56M57M57M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LPG Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$188M$153M$120M$121M$84M$76M$81M$82M
Gross Profit$125M$97M$61M$85M$32M$22M$30M$35M
Gross Margin %66.7%63.0%51.2%70.6%37.8%29.4%37.4%42.4%
Operating Income (EBIT)$143M$83M$51M$59M$16M$15M$23M$19M
Operating Margin %75.9%54.3%42.2%49.2%18.5%19.4%29.0%23.2%
Net Income$138M$81M$47M$55M$10M$8M$21M$9M
Net Margin %73.6%52.9%39.3%45.9%12.0%10.7%26.5%11.4%
EBITDA$168M$105M$72M$79M$36M$31M$48M$36M
Earnings Per Share (EPS)$3.24$1.90$1.11$1.30$0.24$0.19$0.50$0.22
Shares Outstanding (M)43M43M43M43M43M43M43M43M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LPG Free Cash Flow History

Cash flowTTM → 2026-06-302026-03-312025-03-312024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-31
Cash from Operations (CFO)$240M$210M$173M$388M$119M$171M$171M$169M$9M$57M$52M$151M$26M$7M$8M$10M
Capital Expenditures (CapEx)$49M$94M$19M$33M$23M$10M$10M$20M$4M$0M$2M$896M$315M$172M$0M$0M
Free Cash Flow (FCF)$191M$116M$154M$356M$96M$161M$161M$149M$5M$57M$50M($744M)($289M)($165M)$8M$10M
FCF Margin %32.8%24.1%43.6%63.4%24.5%58.7%51.0%44.7%3.1%35.7%30.0%-257.4%-277.5%-556.9%20.1%29.0%
Dividends Paid$126M$105M$156M$162M$80M$80M$80M$80M$80M$0M$0M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LPG Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$30M$82M$81M$46M$1M$50M$24M$57M
Capital Expenditures (CapEx)$0M$19M$16M$13M$3M$13M$3M$2M
Free Cash Flow (FCF)$30M$63M$64M$33M($2M)$37M$21M$56M
FCF Margin %16.1%41.0%53.7%27.5%-2.7%48.6%26.6%67.6%
Dividends Paid$43M$30M$28M$26M$21M$30M$43M$44M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LPG Balance Sheet History

Balance sheet2026-06-302026-03-312025-03-312024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-31
Total Assets$1.9B$1.9B$1.8B$1.8B$1.6B$1.6B$1.6B$1.7B$1.6B$1.7B$1.7B$1.8B$1.1B$840M$194M$204M
Cash & Cash Equivalents$342M$327M$317M$283M$237M$79M$79M$48M$31M$104M$17M$46M$205M$279M$1M$2M
Total Liabilities$665M$733M$733M$814M$687M$635M$635M$695M$713M$777M$770M$857M$226M$148M$182M$186M
Total Debt (Short + Long-Term)$552M$608M$589M$638M$684M$652M$601M$644M$696M$762M$747M$838M$197M$129M$141M$139M
Total Shareholders' Equity$1.2B$1.1B$1.0B$1.0B$920M$947M$947M$977M$913M$959M$976M$986M$873M$692M$13M$18M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive LPG viewer.

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