Dorian Lpg (LPG) Gross Margin (2014 - 2023)

Dorian Lpg (LPG) posted Gross Margin of 99.53% for Q4 2023, little changed on a QoQ basis from 99.16% in Q3 2023, and down 6.0% year-on-year from 105.88% in Q4 2022.

Dorian Lpg (LPG) Gross Margin (2014 - 2023) Analysis & Trends

Dorian Lpg has disclosed Gross Margin across 10 years of filings, most recently posting 99.53% for Q4 2023.

  • Gross Margin for Q4 2023 came in at 99.53%, down 6.0% year-over-year; the trailing twelve-month figure through Dec 2023 was 83.58% (down 2209.0% YoY), and the FY2023 annual result was 81.65%, down 1731.0% from the prior year.
  • Gross Margin came in at 99.53% for Q4 2023 at Dorian Lpg, roughly flat from 99.16% in the prior quarter.
  • Over the last five years, Gross Margin for LPG reached as high as 240.66% in Q1 2019 and fell as low as 48.42% in Q1 2023.
  • Median Gross Margin over the past 5 years was 78.04% (2022), compared with a mean of 90.59%.
  • Year-over-year, Gross Margin soared 18138 bps in 2019 and slumped 16045 bps in 2020.
  • Over 5 years, Gross Margin 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.
  • Per Business Quant, the three latest LPG Gross Margin figures stand at 99.53% (Q4 2023), 99.16% (Q3 2023), and 82.21% (Q2 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 41.12%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 63.77%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 23.85%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 41.52%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 83.61%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 26.67%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 23.28%
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 94.13%
10 Dorian Lpg 18.99 Mn -275.50 Mn - -

Historic Data

Download Data
DateValue
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%