Dorian LPG Ltd. (LPG) AI Stock Analysis

Headquartered in Stamford, Connecticut, Dorian LPG Ltd. was established in 2013 and operates in the global transportation of liquefied petroleum gas (LPG). The company carries out its operations across international waters using a fleet of very large gas carriers (VLGCs). As of May 27, 2022, Dorian LPG Ltd. maintains a fleet comprising twenty-two VLGCs. Dorian LPG focuses on operational efficiency and sustainable practices to serve the worldwide energy supply chain, transporting LPG safely and efficiently for international customers.

Dorian LPG experienced significant operational fluctuations over recent fiscal years. Annual revenue grew 42.1% to $389.7M in FY2023 and 43.9% to $560.7M in FY2024, before falling 37.0% to $353.3M in FY2025. In FY2026, revenue rebounded 36.3% to $481.5M, with operating margin expanding to 43.1% and net income reaching $193.7M. From FY2021 to FY2026, revenue recorded a 5-year CAGR of 8.8%. For the latest quarter ended June 30, 2026, Dorian LPG achieved quarterly revenue growth of 124.0% year-over-year, while quarterly earnings grew 1263.5% year-over-year, lifting trailing twelve months revenue to $578.9M and EPS to $7.55.

As of June 30, 2026, Dorian LPG held $342.1M in cash and short-term investments against total debt of $646.2M, resulting in net debt of $304.1M. The company maintains a current ratio of 3.26 and a debt-to-equity ratio of 0.52 against shareholders' equity of $1.24B. In FY2026, operating cash flow reached $210.1M and free cash flow stood at $116.3M. Cash allocation in FY2026 included $93.8M for capital expenditures, $105.0M for dividends paid, and $7.0M for share buybacks.

Dorian LPG trades at a trailing P/E of 7.1x and a forward P/E of 5.4x, both lower than the median of its US-listed Energy peers at 15.0x and 12.7x, respectively. The company's EV to EBITDA multiple is 6.1x compared to the peer median of 8.0x, while its price-to-sales ratio is 4.0x versus 1.8x for peers. Over the past year, Dorian LPG delivered a return of 121.0%, outpacing the S&P 500 SPY return of 16.8%. Over five years, the stock achieved an 831.1% return compared to 83.0% for the S&P 500.

Dorian LPG offers a forward annual dividend of $3.35, representing a dividend yield of 6.25%. The dividend payout ratio stands at 49.0%, and the company has paid dividends for 6 consecutive years. Dorian LPG's dividend frequency is classified as Other, with its last ex-dividend date recorded on July 27, 2026.

Wall Street coverage includes 3 Strong Buy, 1 Buy, and 1 Hold ratings, with no Sell or Strong Sell recommendations. The mean price target is $54.60, representing a 1.9% upside compared to the last close of $53.60 on October 16, 2026. Dorian LPG has beaten EPS estimates in 2 of the last 4 quarters. For the fiscal year ending March 31, 2027, consensus estimates project revenue of $629.9M and EPS of $7.75, representing 69.6% EPS growth, ahead of the next earnings date on November 5, 2026.

This page is an AI-written research summary of Dorian LPG Ltd. (LPG). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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