Saturday 17 October 2026 Export LPG’s income statement to Excel — free account

Dorian LPG Ltd.

Dorian LPG Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $481.5 million, up 36.3% from fiscal 2025. In the quarter to June 2026, revenue grew 123.1%, EPS grew 1,254.2%, free cash flow grew 5,051.2% and total debt fell 5.94%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

53.52 0.16 −0.30%

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Market cap: $2.3B
P/E: 7.1×
Fwd P/E: 5.8×
Dividend yield: 2.52%
F-score: 7/9
Altman Z: 2.30
Beneish M: −1.82
Dividend safety: 40/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.41

Total sells 12.15

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	1	—	—	—	—	—	—	—	—	—
Sell	—	—	1	2	—	1	1	2	—	1	7	—

Insider Ownership 13.51%

Capital & Financial Ratios $m

Market Cap 2,300.00

Revenue 585.18

Net Income 321.87

Free Cash Flow 229.56

Net Debt 165.40

Current Ratio 3.26

Debt/Equity 0.41

P/E ratio 7.07

Fwd P/E 5.83

P/S ratio 3.89

P/B ratio 1.84

Past 5Y EPS Growth 19.54%

This Y EPS Growth 84.83%

Next Y EPS Growth (48.38%)

Next Y revenue growth 30.82%

Next 5Y EPS Growth (12.70%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 59.62%

10-year low 10-year high

P/S against its own 10 years 97.20%

10-year low 10-year high

P/B against its own 10 years 97.79%

10-year low 10-year high

EV/Sales against its own 10 years 58.42%

10-year low 10-year high

EV/FCF against its own 10 years 56.97%

10-year low 10-year high

Dividends

Payout Ratio 0.18

Annual Dividend Rate 1.35

Annual Dividend Yield 2.52%

	total	individual payouts
2029	Powerpack
2028	Powerpack
2027	Powerpack
2026	2.85	0.70 1.00 1.00
2025	3.13	0.70 0.50 0.60 0.65
2024	0.00	1.00 1.00 1.00 1.00
2023	0.00	1.00 1.00 1.00 1.00
2022	0.00	1.00 2.50 1.00 1.00
2021	0.00	1.00
2020	Powerpack
2019	Powerpack
2018	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	299	317	327	342
Receivables	53	49	99	194
Inventory	2	3	2	3
Other	—	—	—	156
	369	382	450	719

	2024	2025	2026	Q'26
Payables	10	12	8	9
ST’ Debt	54	55	100	159
Other	—	—	—	—
	102	108	169	221

Compound Annual Growth %

	10y	5y	3y
Sales	5.23%	8.79%	7.30%
Cash Flow	3.36%	4.26%	(2.11%)
Earnings	4.09%	15.91%	3.94%
Book Value	1.46%	3.76%	9.24%

Revenue $m

	Jun	Sep	Dec	Mar	Year
’26	188	—	—	—	—
’26	84	124	120	153	482
’25	114	82	81	76	353
’24	112	145	163	141	561
’23	77	76	103	134	390
’22	63	63	69	80	274
’21	73	55	88	100	316

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	30	—	—	—	—
’26	1	46	81	82	210
’25	41	57	24	50	173
’24	63	100	71	154	388
’23	34	49	43	98	224
’22	38	36	15	30	119
’21	53	4	31	83	171

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	111	—	—	—	—
’26	(2)	33	67	18	116
’25	40	56	21	37	154
’24	61	95	70	129	356
’23	25	49	42	39	155
’22	28	76	5	76	186
’21	49	0	29	83	161

Fiscal quarters ending in the months shown.

EPS $

	Jun	Sep	Dec	Mar	Year
’26	3.24	—	—	—	—
’26	0.24	1.30	1.11	1.90	4.54
’25	1.25	0.22	0.50	0.19	2.14
’24	1.28	1.89	2.47	1.96	7.60
’23	0.62	0.51	1.27	1.89	4.29
’22	0.14	0.35	0.41	0.88	1.78
’21	0.24	0.01	0.71	0.93	1.86

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	6.20	5.60	5.26	6.08	10.82	10.77	15.81	22.46	16.66	24.05	Analyst estimates 2027–2029 Powerpack
	High	12.50	8.80	15.58	16.68	15.68	21.07	47.19	51.66	32.79	59.97
People
People	Employees	69	568	564	585	519	541	593	577	587	602
	Revenue/emp, $m	2.43	0.28	0.28	0.57	0.61	0.51	0.66	0.97	0.60	0.80
Income, $m
Income, $m	Revenue	167	159	158	333	316	274	390	561	353	482
	Gross margin, %	58.75	58.25	56.60	77.59	74.16	71.36	80.73	85.17	74.63	82.03
	EBT	(1)	(20)	(51)	112	93	72	172	307	90	194
	EBT margin, %	(0.86)	(12.80)	(32.24)	33.54	29.30	26.23	44.24	54.83	25.52	40.22
	Net income	(1)	(20)	(51)	112	93	72	172	307	90	194
	Depreciation	69	73	68	71	82	82	80	70	71	73
Per share, $
Per share, $	Revenue	3.10	2.95	2.90	6.19	6.35	6.82	9.74	13.92	8.39	11.32
	Earnings	(0.03)	(0.38)	(0.93)	2.08	1.86	1.79	4.31	7.63	2.14	4.55
	Cash flow	0.96	1.06	0.16	3.14	3.43	2.95	5.60	9.64	4.11	4.94
	Capex	(0.04)	(0.01)	(0.07)	(0.37)	(0.19)	1.67	(1.72)	(0.82)	(0.45)	(2.21)
	Free cash flow	0.93	1.05	0.09	2.77	3.24	4.63	3.88	8.83	3.66	2.74
	Book value	18.05	17.75	16.74	18.13	19.04	22.89	21.83	25.41	24.83	26.79
	Shares, m	54	54	55	54	50	40	40	40	42	43
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	4.19	6.95	8.05	4.63	5.36	10.34	7.50
	P/S	3.40	2.56	2.26	1.41	2.07	2.12	2.05	2.94	2.66	3.02
	P/B	0.58	0.43	0.39	0.48	0.69	0.63	0.91	1.61	0.90	1.28
	EV/Sales	7.78	6.68	6.46	3.11	3.67	3.68	3.35	3.48	3.33	3.50
	EV/FCF	25.95	18.73	210.00	6.96	7.20	5.42	8.42	5.49	7.64	14.51
Cash, $m
Cash, $m	Operating cash flow	52	57	9	169	171	119	224	388	173	210
	Capex	(2)	0	(4)	(20)	(10)	67	(69)	(33)	(19)	(94)
	Free cash flow	50	57	5	149	161	186	155	356	154	116
Balance, $m
Balance, $m	Working capital	(22)	53	3	55	71	213	142	267	274	281
	Total debt	750	759	696	635	591	663	657	605	553	560
	Net debt	733	656	665	568	507	426	509	306	236	233
	Shareholders’ equity	976	959	913	977	947	920	874	1,024	1,046	1,139
Returns, %
Returns, %	ROA	(0.08)	(1.17)	(3.03)	6.78	5.69	4.51	10.40	17.34	4.99	10.61
	ROIC	0.51	0.15	(0.32)	6.51	4.99	4.29	8.97	15.46	5.49	9.57
	ROE	(0.15)	(2.11)	(5.44)	11.84	9.62	7.71	19.22	32.41	8.71	17.73

Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
TNK Teekay Tankers Ltd.	$3.4B	5.7×	4.6×	+62.97% (above 0%: growing)	+258.56% (above 0%: growing)	+278.92% (above 0%: growing)	59.49%	58.49%	Compare
LPG Dorian LPG Ltd.	$2.3B	7.1×	5.8×	+123.11% (above 0%: growing)	+1,254.17% (above 0%: growing)	+5,051.19% (above 0%: growing)	89.05%	75.93%
NGL NGL Energy Partners LP	$1.9B	— (loss-making)	18.6×	+59.12% (above 0%: growing)	+1,100.00% (above 0%: growing)	−386.50% (below 0%: shrinking)	30.87%	14.68%	Compare
GEL Genesis Energy, L.P.	$1.7B	74.9×	261×	+40.98% (above 0%: growing)	n/m	+2,417.50% (above 0%: growing)	32.06%	19.82%	Compare
GLP Global Partners LP	$1.7B	10.1×	10.4×	+46.79% (above 0%: growing)	+240.00% (above 0%: growing)	+36.41% (above 0%: growing)	4.84%	1.58%	Compare
NAT Nordic American Tankers Limited	$1.7B	13.0×	8.6×	+133.96% (above 0%: growing)	n/m	+197.49% (above 0%: growing)	83.25%	82.06%	Compare
PBT Permian Basin Royalty Trust	$1.6B	94.7×	21.9×	+34.59% (above 0%: growing)	+60.00% (above 0%: growing)	—	100.00%	92.68%	Compare
FLNG Flex LNG Ltd.	$1.5B	14.8×	14.3×	+24.21% (above 0%: growing)	+151.52% (above 0%: growing)	+185.57% (above 0%: growing)	76.00%	55.68%	Compare
TEN Tsakos Energy Navigation Ltd	$1.5B	5.2×	8.0×	+54.37% (above 0%: growing)	+556.72% (above 0%: growing)	+185.92% (above 0%: growing)	62.31%	54.53%	Compare
Median of peers	$1.7B	13.0×	12.4×	+50.58%	+249.28%	+185.92%	60.90%	55.11%

All 58 Oil & Gas Midstream stocks →

Dorian LPG Ltd. (LPG) key facts

Strength: Dorian LPG Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $481.5 million, up 36.3% from fiscal 2025.
Strength: Net income was $193.7 million, or $4.55 per share (basic), a net margin of 40.2%.
Dorian LPG Ltd. (LPG) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
As of October 16, 2026, LPG traded at $53.52, a market capitalization of $2.3 billion.
At that price the stock trades at 7.1× trailing-twelve-month earnings and 3.9× sales; its P/E is higher than 60% of its own readings over the past ten years.
Dorian LPG Ltd. pays an annual dividend of $1.35 per share, a yield of 2.52%, with a payout ratio of 17.9%.
Return on equity was 17.7% and debt-to-equity 0.41.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 2.30 (grey zone) for fiscal 2026.