Dorian LPG Ltd. logo LPG - Dorian LPG Ltd.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 4
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $55.00 DETAILS
HIGH: $55.00
LOW: $55.00
MEDIAN: $55.00
CONSENSUS: $55.00
UPSIDE: 39.03%
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue
Revenue 481.5 353.3 560.7 389.7 274.2 315.9 333.4 158.0 159.3 167.4 289.2 104.1 29.6 38.7
Cost of Revenue 221.0 200.7 195.5 161.7 161.2 168.2 150.8 134.0 131.9 134.1 101.8 57.4 21.7 21.3
Gross Profit 260.5 152.7 365.2 228.0 113.0 147.7 182.6 24.0 27.5 33.3 187.4 46.7 7.9 17.4
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 53.0 42.6 39.0 32.1 30.2 33.9 23.4 34.5 26.2 21.7 29.8 15.3 3.6 2.0
Other Expenses 0 (2.6) (2.6) (2.4) (9.6) (2.3) (1.8) (2.5) (2.5) (2.4) (1.9) (0.1) 0 0
Operating Expenses 53.0 40.0 36.4 29.7 20.6 31.6 21.5 32.0 23.6 19.3 27.9 15.2 3.6 14.2
Operating Income
Operating Income 207.5 112.6 328.8 198.4 92.4 116.1 161.1 (8.0) 3.8 14.0 158.4 30.1 4.4 3.4
Interest Expense 29.2 35.8 40.5 37.8 27.1 27.6 36.1 40.6 35.7 29.0 12.8 0.3 1.6 0
Interest Income 11.1 15.2 9.5 3.8 0.3 0.4 1.5 1.8 0.4 0.1 0.1 0.4 0.4 8.0
Profitability
EBITDA 294.7 193.0 414.1 265.9 158.2 191.9 212.3 50.9 69.2 79.1 202.1 45.6 11.0 9.7
EBIT 222.9 123.4 345.5 202.5 91.8 114.2 144.2 (14.3) 7.0 23.3 139.2 24.4 3.5 (2.3)
Income Before Tax 193.7 90.2 307.4 172.4 71.9 92.6 111.8 (50.9) (20.4) (1.4) 129.7 25.3 2.8 (4.9)
Income Tax Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income 193.7 90.2 307.4 172.4 71.9 92.6 111.8 (50.9) (20.4) (1.4) 129.7 25.3 2.8 (4.9)
Per Share Data
EPS (Basic) 4.55 2.14 7.63 4.31 1.79 1.86 2.08 -0.93 -0.38 -0.03 2.29 0.45 0.05 -0.09
EPS (Diluted) 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 42.6 42.1 40.3 40.0 40.2 49.7 53.9 54.5 53.7 48.1 56.6 56.2 56.9 56.9
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Current Assets
Cash & Cash Equivalents 327.4 316.9 282.5 148.8 236.8 79.3 48.4 30.8 103.5 17.0 46.4 204.8 279.1 1.0
Short-Term Investments 0 0 11.5 0 0 0 14.9 0 0 0 0 0 0 0
Net Receivables 99.1 49.4 53.0 76.4 58.6 56.4 67.7 45.8 27.2 42.5 54.6 23.2 3.6 1.1
Inventory 2.4 2.5 2.4 2.6 2.3 2.0 2.0 2.1 2.0 2.6 2.3 3.4 1.1 1.7
Other Current Assets 21.3 13.5 19.4 0 0 5.3 3.4 0.6 0 0 0 0 30.9 2.3
Total Current Assets 450.3 382.4 368.9 236.3 307.9 153.3 139.6 82.6 103.5 64.0 105.6 233.2 315.1 6.2
Non-Current Assets
Property, Plant & Equipment 1,364.6 1,346.3 1,424.1 1,422.2 1,262.6 1,394.8 1,464.7 1,478.7 1,539.3 1,603.8 1,667.8 818.6 518.1 187.1
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 2.4 0 0 11.4 0 0 0 61.9 59.9 76.5 0 0 0 0
Other Non-Current Assets 54.4 50.0 44.7 39.1 36.9 33.4 67.6 2.2 (1,573.4) 2.0 68.8 47.3 7.1 1.2
Total Non-Current Assets 1,421.4 1,396.3 1,468.8 1,472.6 1,299.5 1,428.3 1,532.3 1,542.8 25.9 1,682.3 1,736.6 865.9 525.2 188.3
Total Assets 1,871.7 1,778.7 1,837.7 1,708.9 1,607.4 1,581.6 1,672.0 1,625.4 1,736.1 1,746.2 1,842.2 1,099.1 840.2 194.4
Current Liabilities
Account Payables 8.0 11.5 10.2 10.8 9.5 9.8 13.6 7.2 6.3 7.1 6.8 5.2 2.4 3.3
Short-Term Debt 100.7 55.0 54.1 53.6 72.2 52.0 53.3 64.0 65.1 66.0 67.9 15.7 9.6 12.1
Deferred Revenue 2.0 0.7 0.5 0.2 0.8 0.9 2.1 4.3 5.6 7.3 4.6 1.1 0.6 0
Other Current Liabilities 6.5 1.0 1.3 1.3 1.0 2.4 3.6 3.0 4.0 1.9 4.7 2.7 1.4 16.2
Total Current Liabilities 168.8 107.9 101.8 94.6 94.8 82.1 85.0 79.4 82.0 85.8 88.1 28.2 14.9 31.6
Non-Current Liabilities
Long-Term Debt 460.2 498.8 551.5 604.3 590.7 539.7 581.9 632.1 694.0 684.0 746.4 184.7 119.1 150.1
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 1.6 1.5 1.5 1.4 1.7 5.0 10.3 1.2 0.7 0.5 22.1 13.0 14.1 0
Total Non-Current Liabilities 563.9 624.7 712.3 740.5 592.4 552.7 609.9 633.3 694.7 684.5 768.5 197.7 133.2 150.1
Total Liabilities 732.7 732.6 814.1 835.1 687.2 634.8 694.9 712.7 776.7 770.2 856.6 225.9 148.0 181.7
Stockholders' Equity
Common Stock 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.5 73.9
Retained Earnings 400.0 311.1 377.1 231.8 280.8 289.4 196.8 85.0 135.9 156.3 157.8 28.1 2.8 (61.1)
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 (190.5) (125.9) 0 (19.3) (6.6) 0
Total Stockholders' Equity 1,139.0 1,046.1 1,023.5 873.8 920.2 946.8 977.1 912.7 959.4 976.0 985.6 873.2 692.2 12.8
Total Liabilities & Equity 1,871.7 1,778.7 1,837.7 1,708.9 1,607.4 1,581.6 1,672.0 1,625.4 1,736.1 1,746.2 1,842.2 1,099.1 840.2 194.4
Debt Metrics
Total Debt 709.6 713.0 797.3 816.1 671.0 609.3 662.1 696.1 759.1 750.0 814.3 200.3 128.7 162.2
Net Debt 382.2 396.1 514.8 667.3 434.2 530.0 613.7 665.3 655.6 732.9 767.9 (4.5) (150.4) 161.2
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Operating Activities
Net Income 193.7 90.2 307.4 172.4 71.9 92.6 111.8 (50.9) (20.4) (1.4) 129.7 25.3 2.8 (4.9)
Depreciation & Amortization 71.7 69.6 68.7 63.4 66.4 77.7 68.1 65.2 65.3 65.1 42.6 14.1 6.6 11.7
Stock-Based Compensation 11.0 10.4 8.3 4.3 3.3 3.4 3.2 5.5 5.1 4.4 4.1 2.3 0 0
Change in Working Capital (108.0) (29.0) (15.6) (24.9) (17.8) 6.5 (29.1) (22.1) 12.6 8.9 (38.1) (18.2) (0.0) 1.3
Other Non-Cash Items 41.7 31.8 19.6 8.9 (5.2) (9.5) 15.0 165.0 7.2 2.5 2.6 0.8 (2.2) 0.2
Operating Cash Flow 210.1 173.0 388.4 224.1 118.7 170.6 169.0 8.9 57.2 52.1 151.0 25.6 7.2 8.3
Investing Activities
Capital Expenditure (93.8) (18.9) (32.9) (68.8) (23.2) (9.5) (20.0) (4.0) (0.4) (1.9) (895.5) (314.6) (172.3) (0.5)
Acquisitions 0 0 0 0 0 0 0 0 0 0 2.7 0 (13.7) 0
Purchases of Investments 0 (0.2) (6.0) (11.3) (2.3) (4.7) (14.9) (0.5) (11.0) (0.1) (17.6) 0 0 0
Sales/Maturities of Investments 0 11.8 4.0 3.7 3.7 15.3 1.8 0 36.0 0.0 0 0 0 0
Other Investing Activities 0 0 0 0 90.5 0 0 (0.5) 25.0 (0.1) (14.9) 2.2 (35.4) 0
Investing Cash Flow (93.8) (7.4) (34.8) (76.3) 68.8 1.0 (33.1) (4.5) 24.6 (2.0) (910.4) (312.3) (221.4) (0.5)
Financing Activities
Net Debt Issuance 8.4 (53.0) (53.1) (6.5) 67.9 (44.0) (64.0) (65.7) 9.0 (66.3) 636.0 70.5 (6.5) 0
Stock Repurchased (7.0) (6.3) (3.9) (1.7) (21.4) (126.3) (50.6) (1.3) (1.2) (13.0) (20.9) 0 0 0
Dividends Paid (105.0) (156.4) (162.3) (220.6) (80.1) 0 0 0 0 0 0 0 0 0
Other Financing Activities (2.3) (4.6) (0.4) (6.5) (1.7) (4.2) (0.0) 0 (3.1) (0.1) (14.0) (12.6) (10.7) (8.8)
Financing Cash Flow (105.9) (131.3) (219.7) (235.2) (35.2) (174.5) (114.7) (67.0) 4.7 (79.3) 601.1 213.7 493.3 (8.8)
Cash Position
Net Change in Cash 10.5 34.4 133.7 (88.0) 152.1 (2.7) 20.9 (72.7) 86.5 (29.4) (158.4) (74.3) 278.1 (1.0)
Cash at Beginning 317.0 282.6 148.9 236.8 84.7 87.4 66.5 103.5 17.0 46.4 204.8 279.1 1.0 2.0
Cash at End 327.5 317.0 282.6 148.9 236.8 84.7 87.4 30.8 103.5 17.0 46.4 204.8 279.1 1.0
Free Cash Flow 116.3 154.1 355.6 155.3 95.5 161.1 149.0 4.9 56.8 50.2 (744.5) (288.9) (165.0) 7.8
Key Metrics 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Income Statement
Revenue 481.5 353.3 560.7 389.7 274.2 315.9 333.4 158.0 159.3 167.4 289.2 104.1 29.6 38.7
Gross Profit 260.5 152.7 365.2 228.0 113.0 147.7 182.6 24.0 27.5 33.3 187.4 46.7 7.9 17.4
Operating Income 207.5 112.6 328.8 198.4 92.4 116.1 161.1 (8.0) 3.8 14.0 158.4 30.1 4.4 3.4
Net Income 193.7 90.2 307.4 172.4 71.9 92.6 111.8 (50.9) (20.4) (1.4) 129.7 25.3 2.8 (4.9)
EPS (Diluted) 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
Balance Sheet
Cash & Equivalents 327.4 316.9 282.5 148.8 236.8 79.3 48.4 30.8 103.5 17.0 46.4 204.8 279.1 1.0
Total Assets 1,871.7 1,778.7 1,837.7 1,708.9 1,607.4 1,581.6 1,672.0 1,625.4 1,736.1 1,746.2 1,842.2 1,099.1 840.2 194.4
Total Debt 709.6 713.0 797.3 816.1 671.0 609.3 662.1 696.1 759.1 750.0 814.3 200.3 128.7 162.2
Stockholders' Equity 1,139.0 1,046.1 1,023.5 873.8 920.2 946.8 977.1 912.7 959.4 976.0 985.6 873.2 692.2 12.8
Cash Flow
Operating Cash Flow 210.1 173.0 388.4 224.1 118.7 170.6 169.0 8.9 57.2 52.1 151.0 25.6 7.2 8.3
Capital Expenditure (93.8) (18.9) (32.9) (68.8) (23.2) (9.5) (20.0) (4.0) (0.4) (1.9) (895.5) (314.6) (172.3) (0.5)
Free Cash Flow 116.3 154.1 355.6 155.3 95.5 161.1 149.0 4.9 56.8 50.2 (744.5) (288.9) (165.0) 7.8