Dorian LPG Ltd.

NYSE•LPG

CEO: Mr. John C. Hadjipateras

Sector: Energy

Industry: Oil & Gas Midstream

Listing Date: 2014-05-08

Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas through its LPG tankers worldwide. It owns and operates twenty-five very large gas carriers. The company was incorporated in 2013 and is headquartered in Stamford, Connecticut.

Contact Information

27 Signal Road, Stamford, CT, 06902, United States

203-674-9900

www.dorianlpg.com

Market Cap

$1.33B

P/E (TTM)

11.0

20.2

Dividend Yield

7.9%

52W High

$38.40

52W Low

$16.66

52W Range

66%

Rank42Top 47.5%

3.9

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.9 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q3 2026 Data

Revenue

$119.96M+0.00%

4-Quarter Trend

EPS

$1.11+0.00%

4-Quarter Trend

FCF

$97.09M+0.00%

4-Quarter Trend

2026 Q3 Earnings Highlights

Key Highlights

Nine Month Revenue Growth Total revenues reached $328.24M for nine months, marking an 18.3% increase driven by higher TCE rates.

Net Income Significantly Rises Net income totaled $112.65M for nine months, reflecting substantial growth of 37.3% year-over-year comparison.

Strong Adjusted EBITDA Performance Adjusted EBITDA reached $198.48M for nine months, demonstrating strong operational profitability excluding non-cash items.

New Dual-Fuel Vessel Coming New 93,000 cbm VLGC/AC expected delivery in Q1 2026; $62.25M commitment due within one year.

Risk Factors

Trade Tension Uncertainty Increased U.S./China trade tensions and geopolitical instability could disrupt shipping patterns and increase costs.

Charter Rate Volatility Risk Decreases in charter hire rates or vessel market values directly reduce profitability and asset collateral value.

Interest Rate Exposure Exposure to SOFR fluctuations on the $170.0M 2023 A&R Debt Facility could increase interest expense.

Fleet Maintenance Costs Aging fleet increases drydocking and maintenance costs; compliance with environmental rules adds expense pressure.

Outlook

Strong Liquidity Maintained Liquidity supported by $294.5M cash on hand; operations generated $128.0M cash flow for nine months.

Balanced Chartering Strategy Continue balanced strategy using multi-year time charters, spot voyages, and pursuing vessel acquisition opportunities.

New Vessel Integration Planned New VLGC/AC delivery expected Q1 2026; company will finance future acquisitions via debt or equity.

Irregular Dividend Policy Board declared irregular dividends totaling $27.8M in Q4 2025; subsequent $29.9M dividend announced January 2026.

Peer Comparison

Revenue (TTM)

MRC

$2.76B

-13.7%

RES

$1.63B

+15.0%

VTOL

$1.49B

+4.2%

Gross Margin (Latest Quarter)

LPG

51.2%

+28.3pp

FLNG

50.6%

-7.8pp

NPKI

37.7%

+4.5pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
NESR	$2.08B	40.6	5.4%	18.9%
VET	$1.84B	-3.8	-24.9%	24.2%
INVX	$1.69B	20.3	8.2%	9.5%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

16.5%

Strong Growth

4Q Net Income CAGR

80.0%

Profitability Improved

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 20, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data