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LPG logoDorian LPG Ltd. (LPG) Earnings History

Annual and quarterly earnings data from 2013 to 2025

TTM Net Income
$121M
Profitable
TTM EPS
$2.83
Diluted
YoY EPS Growth
-71.8%
Declining
Net Margin
25.5%
Profitability
Operating Margin31.9%
Gross Margin43.2%
ROE8.7%
ROA5.0%
Highest Annual Net Income$307M (2024)
Highest Quarterly EPS$2.47 (Q3 2024)
Consecutive Profitable Years6 years
Q3 2026
Net Income$47M
EPS$1.11
QoQ Growth-14.8%Declining

Loading earnings history...

LPG EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-71.8%
Declining
3-Year
+6.3%
Solid
5-Year
+0.7%
Solid
10-Year
+16.9%
Strong

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

LPG Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202543.2%31.9%25.5%
202465.1%58.6%54.8%
202358.5%50.9%44.2%
202241.2%33.7%26.2%
202146.8%36.7%29.3%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Dorian LPG Ltd. (LPG) Earnings Overview

As of May 8, 2026, Dorian LPG Ltd. (LPG) reported trailing twelve-month net income of $121M, reflecting -71.8% year-over-year growth. The company earned $2.83 per diluted share over the past four quarters, with a net profit margin of 25.5%.

Looking at the long-term picture, LPG's 5-year EPS compound annual growth rate (CAGR) stands at +0.7%, reflecting modest earnings expansion. The company achieved its highest annual net income of $307M in fiscal 2024.

Dorian LPG Ltd. maintains industry-leading profitability with a gross margin of 43.2%, operating margin of 31.9%, and net margin of 25.5%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including NVGS ($109M net income, 17.1% margin), CLCO ($59M net income, 30.4% margin), STNG ($502M net income, 36.7% margin), LPG has outperformed on profitability metrics. Compare LPG vs NVGS →

LPG Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
LPG logoLPGCurrent
$121M$2.8325.5%8.7%-71.8%—
NVGS logoNVGS
$109M$1.6517.1%8.0%+23.5%
CLCO logoCLCO
$59M-30.4%12.5%-44.0%
STNG logoSTNG
$502M$10.0436.7%11.4%-46.5%
INSW logoINSW
$546M$10.9836.7%16.0%-25.7%
TNK logoTNK
$351M$10.1336.9%18.5%-13.0%
Best in group
Lowest in group

LPG Historical Earnings Data (2013–2025)

13 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$90M-70.7%$113M$2.1425.5%31.9%
2024$307M+78.3%$329M$7.6054.8%58.6%
2023$172M+139.7%$198M$4.2944.2%50.9%
2022$72M-22.3%$92M$1.7826.2%33.7%
2021$93M-17.2%$116M$1.8629.3%36.7%
2020$112M+319.5%$161M$2.0733.5%48.3%
2019-$51M-149.7%-$8M$-0.93-32.2%-5.0%
2018-$20M-1314.9%$4M$-0.38-12.8%2.4%
2017-$1M-101.1%$14M$-0.03-0.9%8.4%
2016$130M+413.4%$158M$2.2944.8%54.8%

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Compare LPG vs SOC

Side-by-side business, growth, and profitability comparison vs Sable Offshore Corp..

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LPG — Frequently Asked Questions

Quick answers to the most common questions about buying LPG stock.

Is LPG growing earnings?

LPG EPS fell to $2.83, with earnings declining -71.8%. This contrasts with the 5-year CAGR of +0.7%. TTM net income dropped to $121M.

What are LPG's profit margins?

Dorian LPG Ltd. net margin is +25.5%, with operating margin at +31.9%. Above-average margins indicate pricing power.

How consistent are LPG's earnings?

LPG earnings data spans 2013-2025. The declining earnings trend is -71.8% YoY. Historical data enables comparison across business cycles.

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LPG Earnings Over Time (2014–2025)

Net income and EPS trends