For the fiscal year ended March 31, 2026 (FY 2026), Dorian LPG reported revenue of $153.3 million, a 102.0% increase year-over-year. Net income was $47.2 million, up 120.9%, while operating income surged 471.3% to $83.9 million. Diluted EPS rose 900% to $1.90. The company held $327.4 million in cash, $1.14 billion in equity, and $560.4 million in long-term debt.
•Revenue grew 102.0% YoY to $153.3 million.
•Net income increased 120.9% to $47.2 million.
•Operating income rose 471.3% to $83.9 million.
•Diluted EPS improved 900% to $1.90.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Dorian LPG provides the transportation of liquefied petroleum gas through its LPG tankers globally. It owns and operates twenty-eight very large gas carriers. Incorporated in 2013, Dorian LPG is headquartered in Stamford, Connecticut.
Dorian LPG Ltd. is a company that provides the transportation of liquefied petroleum gas (LPG) through its fleet of LPG tankers globally. The company owns and operates twenty-eight very large gas carriers (VLGCs), which are specialized vessels designed to carry large volumes of LPG across international waters. By leveraging its modern fleet, Dorian LPG serves customers in the energy sector, facilitating the movement of LPG from production regions to demand centers worldwide. The company's operations are a critical link in the midstream segment of the oil and gas industry, ensuring that LPG reaches markets efficiently and safely.
Where is Dorian LPG Ltd. (LPG) listed and in which currency?
Dorian LPG Ltd. is listed on the New York Stock Exchange (NYSE) under the ticker symbol LPG. The company's shares are traded in US dollars (USD), which is the primary currency for its financial reporting and transactions. Being listed on the NYSE provides Dorian LPG with access to a broad base of investors in the United States and globally. The use of USD aligns with the company's operations, as the global shipping and energy markets typically transact in US dollars, making it convenient for both the company and its investors.
What sector and industry does Dorian LPG Ltd. (LPG) operate in?
Dorian LPG Ltd. operates in the Energy sector, specifically within the Oil & Gas Midstream industry. The midstream segment involves the transportation, storage, and wholesale marketing of crude oil, natural gas, and natural gas liquids like LPG. As a midstream company, Dorian LPG focuses on the shipping of liquefied petroleum gas via its fleet of very large gas carriers. This role is essential for connecting upstream producers with downstream consumers and refineries, ensuring that LPG is moved efficiently from supply hubs to demand markets across different continents.
Where is Dorian LPG Ltd. (LPG) headquartered and what markets does it serve?
Dorian LPG Ltd. is headquartered in Stamford, Connecticut, United States. Although incorporated in 2013, the company has quickly established itself as a key player in the global LPG shipping market. Its fleet of twenty-eight very large gas carriers serves customers worldwide, transporting LPG across major trade routes. The company's operations are global, covering regions such as the Middle East, the United States, West Africa, and Asia, where LPG production and consumption are concentrated. By maintaining a modern and efficient fleet, Dorian LPG is able to serve a diverse customer base and adapt to changing market dynamics in the energy sector.