Financials · LPG

Dorian LPG Ltd. (LPG) financials

For the twelve months ended Sep 30, 2026, Dorian LPG Ltd. reported $682.47M of revenue and $480.34M of net income.

Revenue, TTM
$682.47M
Revenue growth, YoY
+87.1%
Net income, TTM
$480.34M
Net income growth, YoY
+406.1%
Net margin
70.4%
EPS, diluted, TTM
$11.23
EPS growth, YoY
+403.6%
Cash
$578.77M
Total debt
$477.35M
P/E
4.15
P/S
2.92
Market cap
$2.00B
Annual revenue$481.51M
FY2017FY2026
Annual net income$193.67M
FY2017FY2026
Annual free cash flow$155.28M
FY2017FY2023

LPG revenue and earnings growth

LPG revenueQ2 2027$221.35M

Quarter YoY
+78.4%
QoQ
+17.8%
FY YoY
+36.3%
5Y CAGR
+8.8%
10Y CAGR
+5.2%

LPG revenue was $221.35M in fiscal Q2 2027 (ended Sep 30, 2026), up 78.4% from a year earlier and up 17.8% from the prior quarter. For the full fiscal 2026 it was $481.51M, up 36.3% from fiscal 2025. Compound annual growth was +8.8% over 5 years and +5.2% over 10 years. It rose in 4 of the last 10 fiscal years.

LPG net incomeQ2 2027$213.86M

Quarter YoY
+286.1%
QoQ
+54.6%
FY YoY
+114.8%
5Y CAGR
+15.9%
10Y CAGR
+4.1%

LPG net income was $213.86M in fiscal Q2 2027 (ended Sep 30, 2026), up 286.1% from a year earlier and up 54.6% from the prior quarter. For the full fiscal 2026 it was $193.67M, up 114.8% from fiscal 2025. Compound annual growth was +15.9% over 5 years and +4.1% over 10 years. It rose in 3 of the last 6 fiscal years.

LPG EPSQ2 2027$4.98

Quarter YoY
+283.1%
QoQ
+53.7%
FY YoY
+112.1%
5Y CAGR
+19.5%
10Y CAGR
+7.1%

LPG diluted EPS was $4.98 in fiscal Q2 2027 (ended Sep 30, 2026), up 283.1% from a year earlier and up 53.7% from the prior quarter. For the full fiscal 2026 it was $4.54, up 112.1% from fiscal 2025. Compound annual growth was +19.5% over 5 years and +7.1% over 10 years.

Export CSV

Income statement

Income statement
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Revenue$481.51M$353.34M$560.72M$389.75M$274.22M$315.94M$333.43M$158.03M$159.33M$167.45M
Selling, general and admin$53.02M$42.63M$39.00M$32.09M$30.23M$33.89M$23.36M$24.43M$26.19M$21.73M
Operating income$210.18M$112.64M$328.83M$198.36M$92.40M$116.10M$161.07M-$7.96M$3.84M$13.99M
Net income$193.67M$90.17M$307.45M$172.44M$71.94M$92.56M$111.84M-$50.95M-$20.40M-$1.44M
EPS, basic$4.55$2.14$7.63$4.31$1.79$1.86$2.08-$0.93-$0.38-$0.03
EPS, diluted$4.54$2.14$7.60$4.29$1.78$1.86$2.07-$0.93-$0.38-$0.03
Diluted shares42.6M42.2M40.5M40.2M40.4M49.8M54.1M54.5M54.0M54.1M

Balance sheet

Balance sheet
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Cash and equivalents$327.41M$316.95M$282.51M$148.87M$236.84M$84.73M$87.39M$66.47M$129.37M$67.89M
Short-term investments------$14.92M$599.9K--
Receivables$2.04M$1.36M$659.6K$3.28M$853.1K$202.2K$820.8K$1.38M$336.2K$11.0K
Inventory$2.44M$2.51M$2.39M$2.64M$2.27M$2.01M$2.00M$2.11M$2.01M$2.58M
Current assets$450.25M$382.36M$368.88M$236.30M$307.89M$153.34M$139.61M$82.59M$135.21M$63.97M
Total assets$1.87B$1.78B$1.84B$1.71B$1.61B$1.58B$1.67B$1.63B$1.74B$1.75B
Current liabilities$168.83M$107.88M$101.81M$94.60M$94.84M$82.08M$85.01M$79.37M$82.01M$85.77M
Short-term debt$100.16M$54.50M$53.54M$53.11M$72.08M$51.82M$53.06M$63.97M$65.07M$65.98M
Long-term debt$460.23M$498.77M$551.55M$604.26M$590.69M$539.65M$581.92M$632.12M$694.04M$683.99M
Total debt$560.39M$553.28M$605.09M$657.37M$662.76M$591.47M$634.98M$696.09M$759.10M$749.96M
Total liabilities$732.70M$732.55M$814.12M$835.07M$687.21M$634.79M$694.91M$712.69M$776.70M$770.23M
Shareholders' equity$1.14B$1.05B$1.02B$873.85M$920.15M$946.83M$977.05M$912.68M$959.41M$976.00M

Cash flow

Cash flow
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Operating cash flow$210.14M$173.01M$388.45M$224.06M$118.70M$170.60M$169.04M$8.88M$57.25M$52.10M
Capital expenditures---$68.78M$23.19M$9.49M$19.88M$3.97M$297.5K$1.91M
Free cash flow---$155.28M$95.51M$161.10M$149.15M$4.91M$56.95M$50.19M
Investing cash flow-$93.84M-$7.36M-$34.80M-$76.34M$68.77M$1.02M-$33.14M-$4.52M-$437.0K-$1.92M
Financing cash flow-$105.90M-$131.29M-$219.72M-$235.23M-$35.18M-$174.48M-$114.65M-$67.01M$4.67M-$79.32M
Dividends paid$105.01M$156.40M$162.26M$220.60M$80.08M-----
Share repurchases$7.01M$6.27M$3.94M$1.67M$21.36M$126.26M$50.64M$1.31M$1.22M$12.95M
Stock-based compensation$11.03M$10.42M$8.33M$4.28M$3.33M$3.36M$3.23M$5.48M$5.14M$4.39M
Depreciation and amortization$71.74M$69.60M$68.67M$63.40M$66.43M$68.46M$66.26M$65.20M$65.33M$65.06M

Key ratios

Key ratios
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Revenue growth, YoY36.3%-37.0%43.9%42.1%-13.2%-5.2%111.0%-0.8%-4.8%-42.1%
Net income growth, YoY114.8%-70.7%78.3%139.7%-22.3%-17.2%----
EPS growth, YoY112.1%-71.8%77.2%141.0%-4.3%-10.1%----
Operating margin43.6%31.9%58.6%50.9%33.7%36.7%48.3%-5.0%2.4%8.4%
Net margin40.2%25.5%54.8%44.2%26.2%29.3%33.5%-32.2%-12.8%-0.9%
Free cash flow margin---39.8%34.8%51.0%44.7%3.1%35.7%30.0%
Return on equity17.0%8.6%30.0%19.7%7.8%9.8%11.4%-5.6%-2.1%-0.1%
Return on assets10.3%5.1%16.7%10.1%4.5%5.9%6.7%-3.1%-1.2%-0.1%
Current ratio2.673.543.622.503.251.871.641.041.650.75
Debt to equity0.490.530.590.750.720.620.650.760.790.77

Source: XBRL data Dorian LPG Ltd. files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

LPG peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
LPG$682.47M+87.1%$480.34M70.4%$2.00B
GD$56.52B+9.7%$4.66B8.2%$99.29B
RCL$19.13B+9.7%$4.55B23.8%$90.90B
CCL$27.59B+5.2%$3.14B11.4%$41.33B
VIK$6.50B+21.9%$1.15B17.7%$39.26B
BIP$23.10B+9.8%$2.53B11.0%$18.08B
HII$13.53B+12.6%$733.00M5.4%$12.36B
FRO$1.97B-8.8%$379.08M19.2%$9.77B
NCLH$10.16B+4.9%$832.94M8.2%$8.50B

LPG FAQ

7 questions
  • What is LPG revenue?
    Dorian LPG Ltd. (LPG) reported $682.47M of revenue for the twelve months ended Sep 30, 2026. That is up 87.1% from the year before. Revenue for fiscal 2026 was $481.51M.
  • Is LPG profitable?
    Yes. Dorian LPG Ltd. earned $480.34M in net income for the twelve months ended Sep 30, 2026, a net margin of 70.4%.
  • How much cash and debt does LPG have?
    Dorian LPG Ltd. reported $578.77M in cash and cash equivalents and $477.35M of debt on its most recent balance sheet in SEC filings.
  • How fast is LPG revenue growing?
    Dorian LPG Ltd.'s revenue changed +36.3% in fiscal 2026, to $481.51M. Its compound annual growth rate was +8.8% over 5 years and +5.2% over 10 years.
  • What is LPG earnings per share?
    Diluted earnings per share were $11.23 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did LPG last report financial results?
    The latest statements here come from Dorian LPG Ltd.'s 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.
  • Where does this LPG financial data come from?
    Quantisnow builds these statements from the structured XBRL data Dorian LPG Ltd. files with the SEC. It is provided for information only and is not investment advice.