Dorian Lpg (LPG) Operating Expenses (2013 - 2025)

Dorian Lpg (LPG) posted quarterly Operating Expenses of $69.3 million for Q4 2025, up 19.68% year-on-year from $57.9 million in Q4 2024, and up 6.08% on a QoQ basis from $65.4 million in Q3 2025.

Dorian Lpg (LPG) Operating Expenses (2013 - 2025) Analysis & Trends

Dorian Lpg (LPG) has reported Operating Expenses for 13 consecutive years, with $69.3 million the latest figure, recorded in Q4 2025.

  • Quarterly Operating Expenses rose 19.68% year-over-year to $69.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $265.8 million (up 10.25% YoY) and the FY2025 annual result came in at $243.3 million, up 3.75% from the prior year.
  • Operating Expenses advanced to $69.3 million in Q4 2025 per LPG's latest filing, from $65.4 million in the prior quarter.
  • Over the last five years, Operating Expenses for LPG reached as high as $69.3 million in Q4 2025 and fell as low as $46.5 million in Q4 2022.
  • A 5-year average of $56.0 million and a median of $55.2 million in 2021 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses dropped 13.81% — and 2023, when it jumped 34.09%.
  • Year by year, Operating Expenses stood at $46.6 million in 2021, then fell by 0.35% to $46.5 million in 2022, then climbed by 14.86% to $53.4 million in 2023, then rose by 8.56% to $57.9 million in 2024, then increased by 19.68% to $69.3 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods registered $69.3 million, $65.4 million, and $69.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 Dorian Lpg 1.94 Bn 1.65 Bn - 69.34 Mn

Historic Data

Download Data
DateValue
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