Dorian LPG Ltd (LPG)
Return on equity (ROE)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | — | 307,447 | 172,444 | 71,935 | 92,565 |
| Total stockholders’ equity | US$ in thousands | — | 1,023,530 | 920,151 | 946,825 | 977,052 |
| ROE | — | 30.04% | 18.74% | 7.60% | 9.47% |
March 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $—K ÷ $—K
= —
Dorian LPG Ltd's return on equity (ROE) has exhibited fluctuation over the past few years, as evidenced by the following figures: 9.47% as of March 31, 2021, 7.60% as of March 31, 2022, 18.74% as of March 31, 2023, and a notable increase to 30.04% as of March 31, 2024. However, the data provided does not include the ROE for March 31, 2025.
The trend shows an improvement in ROE from 2021 to 2024, indicating that the company has been generating stronger returns for shareholders in recent years. A higher ROE generally implies that the company is effectively utilizing shareholder equity to generate profits.
It would be important to explore the underlying reasons for the significant increase in ROE from 2023 to 2024, as this substantial jump could indicate changes in the company's profitability, asset utilization, or leverage. Additionally, the lack of data for 2025 prevents a comprehensive analysis of the most recent performance.
Overall, Dorian LPG Ltd's ROE has shown variability, and further examination of the company's financial performance and strategic initiatives would be necessary to provide a more in-depth analysis of its return on equity trend.