Dorian LPG (LPG) FY2025 results: revenue $353 million, down 37.0% on the year
Dorian LPG Ltd. (LPG) reported revenue of $353 million for fiscal 2025, the year ended 31 March 2025, down 37.0% on the year before. Net income was $90 million, down 70.7%, and diluted earnings per share $2.14. The figures are the company's own, from the 10-K it filed with the SEC on 29 May 2025.
Revenue
$353 million
-37.0% on the year
FY2018FY2025
Operating margin
31.9%
58.6% a year earlier
FY2018FY2025
Net income
$90 million
-70.7% on the year
FY2018FY2025
Diluted EPS
$2.14
-71.8% on the year
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
173
388
224
-55.5%
Capital expenditure
n/a
n/a
68.8
Free cash flow
n/a
n/a
155
Free cash flow margin
n/a
n/a
39.8%
Cash from investing
-7.4
-34.8
-76.3
Cash from financing
-131
-220
-235
Depreciation and amortisation
69.6
68.7
63.4
+1.4%
Share-based compensation
10.4
8.3
4.3
+25.1%
Buybacks
6.3
3.9
1.7
+59.0%
Dividends paid
156
162
221
-3.6%
Dividend per share
$3.70
$4.00
$5.50
-7.5%
Diluted shares, weighted
42m
40m
40m
+4.4%
Shares outstanding at period end
43m
41m
40m
+5.2%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
1,046
1,024
874
+2.2%
Debt
553
605
657
-8.6%
Operating lease liabilities
124
159
135
-21.9%
Other liabilities
54.9
49.8
42.9
+10.2%
Total liabilities and equity
1,779
1,838
1,709
-3.2%
Fixed assets
1,187
1,232
1,264
-3.7%
Investments
n/a
11.5
11.4
Cash and equivalents
317
283
149
+12.2%
Receivables
1.4
0.7
3.3
+105.7%
Inventory
2.5
2.4
2.6
+4.8%
Other assets
271
308
279
-12.1%
Total assets
1,779
1,838
1,709
-3.2%
10-K for the year ended 31 March 2025, filed 29 May 2025: the filing.