Dorian LPG Ltd.

LPG Energy Oil & Gas Midstream

Dorian LPG Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $481.5 million, up 36.3% from fiscal 2025.

Revenue
+78.4%
EPS
+285.4%
Free cash flow
+518.1%
Total debt
−9.32%

Quarter to September 2026, against a year earlier

45.97 0.11 −0.24%
Market cap
$2.0B
P/E
4.1×
Fwd P/E
4.7×
Dividend yield
2.90%
F-score
7/9
Altman Z
2.30
Beneish M
−1.82
Dividend safety
40/100

Dorian LPG Ltd. (LPG) Debt to equity

Alert me on Debt to equity

Dorian LPG Ltd.'s debt to equity at the end of the quarter to 30 September 2026 was 0.3×, down 0.2× from fiscal 2026 (0.5×). Over the past ten years it has ranged from 0.2× (fiscal 2015) to 0.8× (fiscal 2016); the current reading is higher than 17% of that period. That is below the Oil & Gas Midstream industry median of 0.8× and below the Energy sector median of 0.4×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 0.5× (6.98%)
FY2025 0.5× (10.54%)
FY2024 0.6× (21.41%)
FY2023 0.8× 4.44%
FY2022 0.7× 15.30%
FY2021 0.6× (3.88%)
FY2020 0.6× (14.79%)
FY2019 0.8× (3.60%)
FY2018 0.8× 2.97%
FY2017 0.8× (6.80%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.3× (17.59%)
Jun 2026 0.4× (16.57%)
Mar 2026 0.5× 4.08%
Dec 2025 0.5× (4.23%)
43 more quarters

Against its own ten years

Low 0.2× High 0.8×
Ten-year median 0.7×
Current reading's percentile 17

Debt to equity against peers

Company Debt to equity
NGL NGL Energy Partners LP compare −13.8×
PBT Permian Basin Royalty Trust compare 0.0×
TNK Teekay Tankers Ltd. compare 0.0×
LPG Dorian LPG Ltd. 0.3×
NAT Nordic American Tankers Limited compare 0.9×
TEN Tsakos Energy Navigation Ltd compare 1.0×
GLP Global Partners LP compare 2.3×
FLNG Flex LNG Ltd. compare 2.6×
GEL Genesis Energy, L.P. compare 25.1×
Oil & Gas Midstream industry median 0.8×
Energy sector median 0.4×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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