Dorian LPG Ltd (LPG)
Pretax margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 90,170 | 307,447 | 172,444 | 71,935 | 92,565 |
| Revenue | US$ in thousands | 353,341 | 560,717 | 389,749 | 274,221 | 315,939 |
| Pretax margin | 25.52% | 54.83% | 44.24% | 26.23% | 29.30% |
March 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $90,170K ÷ $353,341K
= 25.52%
Dorian LPG Ltd's pretax margin has displayed varying trends over the past five years based on the provided data. In March 2021, the pretax margin stood at 29.30%, indicating that for every dollar of revenue generated, the company retained $0.293 after accounting for operating expenses but before taxes.
Subsequently, in March 2022, the pretax margin experienced a slight decline to 26.23%, suggesting a decrease in profitability relative to the previous year.
However, there was a significant improvement in the pretax margin in March 2023, reaching 44.24%, signifying enhanced efficiency in cost management or revenue generation strategies.
This positive trend continued into March 2024, where the pretax margin further increased to 54.83%, reflecting a substantial improvement in profitability and potentially indicating strong financial performance and effective operational management.
Nevertheless, the pretax margin decreased in March 2025 to 25.52%, possibly indicating a potential challenge or impact on profitability during that period.
Therefore, based on the data provided, Dorian LPG Ltd's pretax margin has demonstrated both fluctuations and improvements over the past five years, suggesting a need for continued monitoring and analysis to understand the underlying factors influencing the company's financial performance.