Dorian Lpg (LPG) Operating Expenses (2014 - 2025)
Dorian Lpg (LPG) recorded quarterly Operating Expenses of $69.3 million in Q4 2025, up 6.08% quarter-over-quarter from $65.4 million in Q3 2025, and up 19.68% on a YoY basis from $57.9 million in Q4 2024.
Dorian Lpg (LPG) Operating Expenses (2014 - 2025) Analysis & Trends
Dorian Lpg's Operating Expenses history runs 12 years deep, the most recent figure standing at $69.3 million for Q4 2025.
- In Q4 2025, Operating Expenses rose 19.68% year-over-year to $69.3 million; the TTM figure through Dec 2025 stood at $265.8 million (up 10.25% YoY), while the FY2025 annual figure was $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.
- In the past five years, Operating Expenses ranged from a high of $69.3 million in Q4 2025 to a low of $46.5 million in Q4 2022.
- Historically, Operating Expenses has averaged $56.0 million across 5 years, with a median of $55.2 million in 2021.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses slipped 13.81% in 2022, then soared 34.09% in 2023.
- A 5-year view of Operating Expenses shows it stood at $46.6 million in 2021, then dropped by 0.35% to $46.5 million in 2022, then gained by 14.86% to $53.4 million in 2023, then grew by 8.56% to $57.9 million in 2024, then climbed 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.15 Bn | 88.85 Bn | 6.70 Bn | 13.95 Bn |
| 2 | Enterprise Products Partners | 81.41 Bn | 80.26 Bn | - | 12.50 Bn |
| 3 | Kinder Morgan | 69.70 Bn | 70.78 Bn | 3.08 Bn | 3.38 Bn |
| 4 | Energy Transfer | 66.51 Bn | 65.79 Bn | 6.62 Bn | 1.70 Bn |
| 5 | Scorpio Tankers | 59.31 Bn | 58.33 Bn | - | -93.35 Mn |
| 6 | Mplx | 57.21 Bn | 55.70 Bn | 2.54 Bn | 1.82 Bn |
| 7 | Targa Resources | 56.78 Bn | 56.82 Bn | 1.70 Bn | 333.70 Mn |
| 8 | Oneok | 55.57 Bn | 55.44 Bn | 2.57 Bn | 7.00 Mn |
| 9 | Tc Energy | 50.90 Bn | 52.09 Bn | 2.95 Bn | 915.00 Mn |
| 10 | Dorian Lpg | 1.83 Bn | 1.54 Bn | - | 69.34 Mn |
Historic Data
Download 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 |