Dorian LPG Ltd (LPG)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 1,046,110 | 1,068,510 | 1,088,250 | 1,119,860 | 1,023,530 | 984,058 | 923,309 | 844,349 | 873,846 | 837,327 | 825,369 | 844,349 | 920,151 | 924,191 | 906,949 | 938,548 | 946,825 | 1,015,770 | 989,591 | 989,953 |
| 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% |
March 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $90,171K ÷ $1,046,110K
= 8.62%
The return on equity (ROE) of Dorian LPG Ltd has shown fluctuating trends over the period from June 30, 2020, to March 31, 2025.
Initially, the ROE was at 11.91% in June 2020 but decreased to 7.67% by December 2020. Subsequently, there was a slight increase to 9.78% in March 2021, followed by fluctuations between 7.82% and 11.77% until September 2022.
From December 2022 to June 2024, the ROE experienced a significant upward trend, reaching a high of 30.92% in December 2023. However, after this peak, there was a decrease to 8.62% by March 2025.
Overall, Dorian LPG Ltd's ROE has varied, showing both increases and decreases over the period, indicating fluctuations in the company's profitability relative to its shareholders' equity. It is essential to monitor future ROE levels to assess the company's ability to generate profits from the shareholders' investments.