Stocktoria

DORIAN LPG LTD. LPG

NYSE · stock · Deep Sea Foreign Transportation of Freight · website · IPO 2014-05-08 · LEI

DORIAN LPG LTD. statistics & valuation

Market cap$1.5B
P / E8.0×
P / S3.2×
P / B1.4×
Dividend yield6.81%
Net margin40.2%
Return on equity17.0%
Net debt$233.0M
Net debt / EBITDA0.8×
Enterprise value USD$1.8B
EV / EBITDA6.3×
Earnings yield EBIT/EV11.8%
Return on capital12.3%
Graham number +16.6%$52.15

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($52.15); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
26.20% 44.20% 54.80% 25.50% 40.20% 2017201820192020202120222023202420252026
Gross margin (%)
2017201820192020202120222023202420252026
Operating margin (%)
8.40% 2.40% -5.00% 48.30% 36.70% 33.70% 50.90% 58.60% 31.90% 43.60% 2017201820192020202120222023202420252026
Return on equity (%)
7.80% 19.70% 30.00% 8.60% 17.00% 2017201820192020202120222023202420252026
Shares outstanding
55.0M 55.1M 55.2M 54.1M 49.8M 40.4M 40.4M 40.6M 42.7M 42.8M 2017201820192020202120222023202420252026
Net debt ($)
$732.9M $655.6M $665.3M $586.6M $512.1M $426.0M $508.6M $322.6M $236.4M $233.0M 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
4.50% 10.10% 16.70% 5.10% 10.30% 2017201820192020202120222023202420252026
Free cash flow margin (%)
30.00% 35.70% 3.10% 44.70% 51.00% 34.80% 39.80% 2017201820192020202120222023202420252026
Debt / equity (×)
0.77× 0.79× 0.76× 0.65× 0.62× 0.72× 0.75× 0.59× 0.53× 0.49× 2017201820192020202120222023202420252026
EPS ($)
-$0.03 -$0.38 -$0.93 $2.07 $1.86 $1.78 $4.29 $7.60 $2.14 $4.54 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

DORIAN LPG LTD. trades at about 9.9× earnings — above its 10-year norm (10-year range 4.4×–29.5×, median 7.1×).

4.4× 29.5×

Shaded band = 10-year range (4.4×–29.5×); dot = today's 9.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating margin43.6%31.9%58.6%50.9%33.7%36.7%48.3%-5.0%2.4%8.4%
Net margin40.2%25.5%54.8%44.2%26.2%—————
FCF margin———39.8%34.8%51.0%44.7%3.1%35.7%30.0%
Return on assets10.3%5.1%16.7%10.1%4.5%—————
Return on equity17.0%8.6%30.0%19.7%7.8%—————
Debt / equity0.49×0.53×0.59×0.75×0.72×0.62×0.65×0.76×0.79×0.77×
Current ratio2.673.543.622.503.251.871.641.041.650.75

Computed from company filings · US · as of 2026-03-31. Facts plus Stocktoria's own computed scores — not investment advice.