Dorian Lpg (LPG) Gross Margin (2014 - 2023)
Dorian Lpg (LPG) recorded quarterly Gross Margin of 99.53% in Q4 2023, little changed quarter-over-quarter from 99.16% in Q3 2023, and down 6.0% on a YoY basis from 105.88% in Q4 2022.
Dorian Lpg (LPG) Gross Margin (2014 - 2023) Analysis & Trends
Dorian Lpg's Gross Margin history runs 10 years deep, the most recent figure standing at 99.53% for Q4 2023.
- In Q4 2023, Gross Margin fell 6.0% year-over-year to 99.53%; the TTM figure through Dec 2023 stood at 83.58% (down 2209.0% YoY), while the FY2023 annual figure was 81.65%, down 1731.0% from the prior year.
- Gross Margin was 99.53% for Q4 2023 at Dorian Lpg, roughly flat from 99.16% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 240.66% in Q1 2019 to a low of 48.42% in Q1 2023.
- Historically, Gross Margin has averaged 90.59% across 5 years, with a median of 78.04% in 2022.
- The sharpest annual moves came in 2019 and 2020: Gross Margin surged 18138 bps in 2019, then tumbled 16045 bps in 2020.
- A 5-year view of Gross Margin shows it stood at 77.61% in 2019, then grew by 1 bps to 78.3% in 2020, then retreated by 6 bps to 73.45% in 2021, then soared by 36 bps to 99.59% in 2022, then dropped by 0 bps to 99.53% in 2023.
- The last three Gross Margin figures came in at 99.53% (Q4 2023), 99.16% (Q3 2023), and 82.21% (Q2 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 63.77% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 23.85% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 83.61% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 41.52% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 26.67% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 98.68% |
| 10 | Dorian Lpg | 1.85 Bn | 1.55 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 99.53% |
| Sep 30, 2023 | 99.16% |
| Jun 30, 2023 | 82.21% |
| Mar 31, 2023 | 48.42% |
| Dec 31, 2022 | 99.59% |
| Sep 30, 2022 | 76.89% |
| Jun 30, 2022 | 77.78% |
| Mar 31, 2022 | 167.93% |
| Dec 31, 2021 | 73.45% |
| Sep 30, 2021 | 70.79% |
| Jun 30, 2021 | 67.78% |
| Mar 31, 2021 | 79.72% |
| Dec 31, 2020 | 78.30% |
| Sep 30, 2020 | 60.82% |
| Jun 30, 2020 | 76.23% |
| Mar 31, 2020 | 80.22% |
| Dec 31, 2019 | 77.61% |
| Sep 30, 2019 | 81.02% |
| Jun 30, 2019 | 73.65% |
| Mar 31, 2019 | 240.66% |