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| 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% |