Dorian Lpg (LPG) Gross Margin (2022 - 2023)
Dorian Lpg (LPG) posted Gross Margin of 88.23% for Q4 2023, up 3.19% on a QoQ basis from 85.5% in Q3 2023, and up 557.0% year-over-year from 13.43% in Q4 2022.
Analysis
Dorian Lpg (LPG) Gross Margin (2022 - 2023) Analysis & Trends
Dorian Lpg has reported Gross Margin for 2 years, with the latest figure at 88.23% in Q4 2023.
- On a quarterly basis, Gross Margin rose 557.0% year-over-year to 88.23% in Q4 2023; TTM through Dec 2023 was 96.95%, a N/A change from a year earlier, with the FY2023 full-year figure at 99.21%, up 25.0% from the prior year.
- Gross Margin was 88.23% for Q4 2023 at Dorian Lpg, up from 85.5% in the prior quarter.
- The five-year high for Gross Margin was 137.02% in Q1 2023, with the low at 76.89% in Q3 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 31.53% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 99.97% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 45.71% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 79.33% |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 84.14% |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 83.88% |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 98.37% |
| 10 | Dorian Lpg | 2.36 Bn | 2.03 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 88.23% |
| Sep 30, 2023 | 85.50% |
| Mar 31, 2023 | 137.02% |
| Dec 31, 2022 | 82.66% |
| Sep 30, 2022 | 76.89% |