Dorian LPG Ltd (LPG)

Net 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
Net income (ttm)	US$ in thousands	90,171	161,319	239,930	307,014	307,447	304,228	255,519	199,317	172,444	131,806	97,123	90,914	71,935	80,585	99,829	86,265	92,564	77,956	77,760	117,934
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
Net profit margin		25.52%	38.52%	47.87%	54.48%	54.83%	55.02%	51.81%	46.95%	44.24%	39.26%	32.27%	31.56%	26.23%	27.39%	31.78%	28.22%	29.30%	25.02%	25.20%	34.14%

March 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $90,171K ÷ $353,341K
= 25.52%

Dorian LPG Ltd's net profit margin has exhibited fluctuations over the past several quarters, ranging from a high of 55.02% on December 31, 2023, to a low of 25.20% on September 30, 2020. The company experienced a significant improvement in profitability during the period from June 30, 2023, to June 30, 2024, with net profit margins steadily increasing from 46.95% to 54.48%.

However, there was a notable decline in the net profit margin in the subsequent quarters, dropping to 25.52% on March 31, 2025. It is essential for stakeholders to monitor these fluctuations closely to understand the factors influencing the company's profitability. Overall, the net profit margin trend reflects the company's ability to generate profits from its operations relative to its revenue, which is a critical metric for assessing its financial performance.