Dorian Lpg (LPG) Operating Expenses (2013 - 2025)
Dorian Lpg (LPG) posted Operating Expenses of $69.3 million for Q4 2025, up 6.08% on a QoQ basis from $65.4 million in Q3 2025, and up 19.68% year-over-year from $57.9 million in Q4 2024.
Analysis
Dorian Lpg (LPG) Operating Expenses (2013 - 2025) Analysis & Trends
Dorian Lpg has reported Operating Expenses for 13 years, with the latest figure at $69.3 million in Q4 2025.
- On a quarterly basis, Operating Expenses rose 19.68% year-over-year to $69.3 million in Q4 2025; TTM through Dec 2025 was $265.8 million, a 10.25% increase from a year earlier, with the FY2025 full-year figure at $243.3 million, up 3.75% from the prior year.
- Operating Expenses was $69.3 million for Q4 2025 at Dorian Lpg, up from $65.4 million in the prior quarter.
- The five-year high for Operating Expenses was $69.3 million in Q4 2025, with the low at $46.5 million in Q4 2022.
- Average Operating Expenses over 5 years is $56.0 million, with a median of $55.2 million recorded in 2021.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses dropped 13.81% in 2022, then jumped 34.09% in 2023.
- Over 5 years, Operating Expenses stood at $46.6 million in 2021, then declined by 0.35% to $46.5 million in 2022, then advanced by 14.86% to $53.4 million in 2023, then increased by 8.56% to $57.9 million in 2024, then grew by 19.68% to $69.3 million in 2025.
- The last three Operating Expenses figures came in at $69.3 million (Q4 2025), $65.4 million (Q3 2025), and $69.3 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -10.41 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 202.38 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -72.60 Mn |
| 10 | Dorian Lpg | 2.36 Bn | 2.03 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 69.34 Mn |
| Sep 30, 2025 | 65.36 Mn |
| Jun 30, 2025 | 69.27 Mn |
| Mar 31, 2025 | 61.84 Mn |
| Dec 31, 2024 | 57.94 Mn |
| Sep 30, 2024 | 63.97 Mn |
| Jun 30, 2024 | 59.53 Mn |
| Mar 31, 2024 | 59.66 Mn |
| Dec 31, 2023 | 53.37 Mn |
| Sep 30, 2023 | 64.89 Mn |
| Jun 30, 2023 | 56.56 Mn |
| Mar 31, 2023 | 50.46 Mn |
| Dec 31, 2022 | 46.47 Mn |
| Sep 30, 2022 | 48.39 Mn |
| Jun 30, 2022 | 48.47 Mn |
| Mar 31, 2022 | 46.48 Mn |
| Dec 31, 2021 | 46.63 Mn |
| Sep 30, 2021 | 48.02 Mn |
| Jun 30, 2021 | 50.33 Mn |
| Mar 31, 2021 | 53.93 Mn |