Dorian Lpg (LPG) Gross Margin (2013 - 2023)
Dorian Lpg (LPG) posted quarterly Gross Margin of 88.23% for Q4 2023, up 557.0% year-over-year from 13.43% in Q4 2022, and up 3.19% quarter-over-quarter from 85.5% in Q3 2023.
Dorian Lpg (LPG) Gross Margin (2013 - 2023) Analysis & Trends
Dorian Lpg's Gross Margin history runs 11 years deep, the most recent figure standing at 88.23% for Q4 2023.
- In Q4 2023, Gross Margin rose 557.0% year-over-year to 88.23%; the TTM figure through Dec 2023 stood at 85.72% (up 652.0% YoY), while the FY2023 annual figure was 81.65%, up 871.0% from the prior year.
- Gross Margin for Q4 2023 stood at 88.23%, up from 85.5% in the prior quarter.
- The five-year high for Gross Margin was 88.23% in Q4 2023, with the low at 53.45% in Q1 2019.
- The 5-year median for Gross Margin is 78.04% (2022), against an average of 76.52%.
- The sharpest annual moves came in 2019 and 2020: Gross Margin surged 3400 bps in 2019, then plunged 2020 bps in 2020.
- Dorian Lpg's Gross Margin stood at 77.61% in 2019, then climbed by 1 bps to 78.3% in 2020, then fell by 6 bps to 73.45% in 2021, then advanced by 13 bps to 82.66% in 2022, then grew by 7 bps to 88.23% in 2023.
- Business Quant data shows LPG's Gross Margin at 88.23% in Q4 2023, 85.5% in Q3 2023, and 82.21% in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 68.62% |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 24.69% |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | - |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 21.55% |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 95.91% |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 23.30% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 82.28% |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 48.15% |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 92.34% |
| 10 | Dorian Lpg | 2.08 Bn | 1.75 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 88.23% |
| Sep 30, 2023 | 85.50% |
| Jun 30, 2023 | 82.21% |
| Mar 31, 2023 | 85.81% |
| Dec 31, 2022 | 82.66% |
| Sep 30, 2022 | 76.89% |
| Jun 30, 2022 | 77.78% |
| Mar 31, 2022 | 78.29% |
| 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 | 53.45% |