Dorian LPG Ltd (LPG)
Gross profit margin
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 152,689 | 220,645 | 307,807 | 366,274 | 365,242 | 365,684 | 312,133 | 254,497 | 228,045 | 177,396 | 141,430 | 130,100 | 112,994 | 129,704 | 148,745 | 135,019 | 147,712 | 145,933 | 145,400 | 189,554 |
| Revenue (ttm) | US$ in thousands | 353,341 | 418,845 | 501,243 | 563,508 | 560,718 | 552,961 | 493,218 | 424,488 | 389,749 | 335,698 | 300,976 | 288,095 | 274,222 | 294,222 | 314,101 | 305,724 | 315,938 | 311,556 | 308,515 | 345,430 |
| Gross profit margin | 43.21% | 52.68% | 61.41% | 65.00% | 65.14% | 66.13% | 63.28% | 59.95% | 58.51% | 52.84% | 46.99% | 45.16% | 41.21% | 44.08% | 47.36% | 44.16% | 46.75% | 46.84% | 47.13% | 54.87% |
March 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $152,689K ÷ $353,341K
= 43.21%
The gross profit margin of Dorian LPG Ltd has exhibited fluctuating trends over the analyzed period, ranging from a high of 66.13% on December 31, 2023, to a low of 41.21% on March 31, 2022. The company experienced a consistent decline in gross profit margin from June 30, 2023, to December 31, 2023, before rebounding significantly in the following period, March 31, 2024.
Overall, Dorian LPG Ltd's gross profit margin trended downward from a high of 66.13% on December 31, 2023, to 43.21% on March 31, 2025, indicating potential challenges in maintaining profitability and managing costs efficiently. It is essential for the company to closely monitor its cost structure and seek opportunities to improve operational efficiencies to sustain healthy profitability levels.