Dorian LPG Ltd (LPG)
Profitability ratios
Return on sales
| 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 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 74.29% | 73.93% | 76.95% | 82.83% | 81.46% | 78.48% | 76.07% | 74.30% | 73.02% | 74.85% | 76.41% | 76.74% | 76.54% | 76.21% | 76.32% | 79.07% | 79.87% | 75.39% | 69.17% | 60.19% |
| Operating profit margin | 58.64% | 59.72% | 56.24% | 53.01% | 50.89% | 45.29% | 38.91% | 37.52% | 33.69% | 34.40% | 38.38% | 34.95% | 36.75% | 38.38% | 38.72% | 47.28% | 48.31% | 39.42% | 30.97% | 13.30% |
| Pretax margin | 50.04% | 50.16% | 46.36% | 40.62% | 44.24% | 39.26% | 32.27% | 31.56% | 26.23% | 27.39% | 31.78% | 28.22% | 29.30% | 25.02% | 25.20% | 34.14% | 33.54% | 24.37% | 10.16% | -12.67% |
| Net profit margin | 54.83% | 55.02% | 51.81% | 46.95% | 44.24% | 39.88% | 32.97% | 32.28% | 27.00% | 28.16% | 32.50% | 28.96% | 30.01% | 31.55% | 31.80% | 40.03% | 39.64% | 28.83% | 11.05% | -16.84% |
Dorian LPG Ltd’s profitability ratios have shown fluctuating trends over the past few quarters. The gross profit margin has generally remained stable, ranging from around 60% to 80%, indicating consistent efficiency in generating revenue after accounting for the cost of goods sold.
The operating profit margin has displayed more variability, with a notable increase in the last few quarters. This suggests that the company has been able to control its operating expenses more effectively to improve profitability at the operating level.
The pretax margin has also shown fluctuations but has generally trended upwards in recent quarters. This indicates that the company's ability to generate profits before taxes has been improving, possibly due to better cost management or revenue growth.
The net profit margin, which reflects the bottom-line profitability after all expenses, has experienced significant fluctuations. While there has been an overall improvement in profitability over the quarters, the margin remains variable, reflecting challenges in maintaining consistent profitability at the net level.
Overall, Dorian LPG Ltd has demonstrated varying levels of profitability, with some improvements in operational efficiency and cost control measures. However, continued monitoring and strategic decision-making may be necessary to ensure sustainable profitability in the future.
Return on investment
| 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 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 17.89% | 18.14% | 15.55% | 13.21% | 11.61% | 9.94% | 7.87% | 7.10% | 5.75% | 6.62% | 7.97% | 6.83% | 7.34% | 7.18% | 7.14% | 9.62% | 9.63% | 6.48% | 4.57% | 1.57% |
| Return on assets (ROA) | 16.73% | 16.71% | 14.32% | 11.70% | 10.09% | 8.75% | 6.67% | 6.11% | 4.61% | 5.42% | 6.75% | 5.66% | 6.00% | 5.90% | 5.86% | 8.15% | 7.91% | 4.74% | 1.63% | -1.99% |
| Return on total capital | 20.88% | 21.32% | 18.47% | 15.24% | 13.42% | 10.75% | 8.27% | 7.46% | 6.12% | 7.07% | 8.56% | 7.29% | 7.81% | 7.63% | 7.69% | 10.31% | 10.33% | 6.85% | 4.82% | 1.66% |
| Return on equity (ROE) | 30.04% | 30.92% | 27.67% | 22.51% | 19.73% | 15.99% | 12.02% | 11.02% | 8.05% | 8.96% | 11.26% | 9.43% | 10.01% | 9.68% | 9.91% | 13.97% | 13.53% | 8.01% | 2.81% | -3.51% |
Dorian LPG Ltd's profitability ratios indicate a generally improving trend over the past few quarters.
- Operating return on assets (Operating ROA) has increased steadily from 1.57% in Q2 2019 to 17.89% in Q1 2024, showing the company's efficiency in generating operating income relative to its assets.
- Return on assets (ROA) has also shown a positive trajectory, rising from -1.99% in Q3 2019 to 16.73% in Q1 2024, reflecting an overall improvement in the company's ability to generate profits from its total assets.
- Return on total capital has followed a similar upward trend, indicating an increasing ability to generate returns for both debt and equity holders. The ratio has climbed from 1.66% in Q2 2019 to 20.88% in Q1 2024.
- Return on equity (ROE) has shown significant improvement, starting from -3.51% in Q4 2019 and reaching 30.04% in Q1 2024. This demonstrates the company's effectiveness in utilizing shareholder equity to generate profits.
Overall, Dorian LPG Ltd's profitability ratios reveal a positive trend in profitability and efficiency, indicating a solid performance in utilizing its assets and capital to generate returns for its shareholders.