Dorian LPG Ltd (LPG)
Profitability ratios
Return on sales
| 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 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% |
| Operating profit margin | 31.88% | 43.05% | 53.33% | 58.33% | 58.64% | 59.72% | 56.24% | 53.01% | 50.89% | 45.30% | 38.91% | 37.52% | 33.69% | 34.40% | 38.38% | 34.95% | 36.75% | 38.38% | 38.72% | 47.28% |
| Pretax 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% |
| 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% |
Dorian LPG Ltd's profitability ratios have shown fluctuating trends over the years.
1. Gross profit margin: The gross profit margin started at a high of 54.87% in June 2020, but gradually decreased to 43.21% by March 2025. Despite some fluctuations, the gross profit margin generally remained above 40% during the period.
2. Operating profit margin: The operating profit margin was highest at 58.64% in March 2024 but decreased to 31.88% by March 2025. Similar to the gross profit margin, the operating profit margin experienced fluctuations but generally trended downward over time.
3. Pretax margin: The pretax margin started at 34.14% in June 2020, increased, and reached a peak of 55.02% in December 2023, then decreased to 25.52% by March 2025. This ratio showed significant variability over the years.
4. Net profit margin: The net profit margin closely followed the pretax margin, starting at 34.14% and reaching 54.83% by March 2024 before declining to 25.52% by March 2025. This ratio reflects the overall profitability of Dorian LPG Ltd after accounting for all expenses.
Overall, while Dorian LPG Ltd's profitability ratios have displayed fluctuations, the downward trends in operating profit margin, pretax margin, and net profit margin in recent periods indicate potential challenges in maintaining profitability levels. Further analysis would be needed to understand the reasons behind these trends and identify strategies for improvement.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.33% | 9.91% | 14.36% | 17.19% | 17.89% | 18.14% | 15.55% | 14.77% | 11.61% | 9.94% | 7.87% | 7.10% | 5.75% | 6.62% | 7.97% | 6.83% | 7.34% | 7.18% | 7.14% | 9.62% |
| Return on assets (ROA) | 5.07% | 8.86% | 12.89% | 16.06% | 16.73% | 16.71% | 14.32% | 13.08% | 10.09% | 8.61% | 6.53% | 5.97% | 4.48% | 5.27% | 6.60% | 5.51% | 5.85% | 4.68% | 4.64% | 6.95% |
| Return on total capital | 10.00% | 18.23% | 25.23% | 30.58% | 32.90% | 33.72% | 30.51% | 26.91% | 24.06% | 20.16% | 16.11% | 14.25% | 10.76% | 11.36% | 13.55% | 11.77% | 12.69% | 10.28% | 10.53% | 14.78% |
| Return on equity (ROE) | 8.62% | 15.10% | 22.05% | 27.42% | 30.04% | 30.92% | 27.67% | 23.61% | 19.73% | 15.74% | 11.77% | 10.77% | 7.82% | 8.72% | 11.01% | 9.19% | 9.78% | 7.67% | 7.86% | 11.91% |
Dorian LPG Ltd's profitability ratios demonstrate varying levels of performance over the reported periods.
- Operating return on assets (Operating ROA) indicates the company's ability to generate operating income from its assets. The ratio ranged from a low of 5.75% in March 2022 to a high of 18.14% in December 2023, showing fluctuations in operational efficiency.
- Return on assets (ROA) reflects the overall profitability of the company relative to its total assets. The ratio ranged from 4.48% in March 2022 to 16.73% in March 2024, with improving profitability trends over time, despite some fluctuations.
- Return on total capital measures the return generated on all capital invested in the business. The ratio ranged from 10.28% in December 2020 to a peak of 33.72% in December 2023, indicating significant returns on capital deployment, although the ratio decreased towards the end of the reporting period.
- Return on equity (ROE) assesses the return on shareholder equity. The ratio ranged from 7.67% in December 2020 to 30.92% in December 2023, with a generally increasing trend until peaking in March 2024 before declining in subsequent quarters.
Overall, Dorian LPG Ltd's profitability ratios show a mixed performance, with varying levels of efficiency and profitability across different metrics and periods. Investors and stakeholders should consider the trends in these ratios to assess the company's financial health and performance accurately.