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- Dorian LPG
Dorian LPG Valuation Multiples
Discover revenue and EBITDA valuation multiples for Dorian LPG and similar public comparables like SK Gas, Genesis Energy New Zealand, BW Energy, Global Partners and more.
Dorian LPG Overview
About Dorian LPG
Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece. IT operates in one reportable segment, the international transportation of LPG.
Founded
2013
HQ

Employees
587
Website
Financials (LTM)
EV
$2B
Dorian LPG Financials
Dorian LPG reported last 12-month revenue of $448M and EBITDA of $281M.
In the same LTM period, Dorian LPG generated $306M in gross profit, $281M in EBITDA, and $186M in net income.
Revenue (LTM)
Dorian LPG P&L
In the most recent fiscal year, Dorian LPG reported revenue of $353M and EBITDA of $194M.
Dorian LPG expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $448M | XXX | $353M | XXX | XXX | XXX |
| Gross Profit | $306M | XXX | $153M | XXX | XXX | XXX |
| Gross Margin | 68% | XXX | 43% | XXX | XXX | XXX |
| EBITDA | $281M | XXX | $194M | XXX | XXX | XXX |
| EBITDA Margin | 63% | XXX | 55% | XXX | XXX | XXX |
| EBIT Margin | 43% | XXX | 33% | XXX | XXX | XXX |
| Net Profit | $186M | XXX | $90M | XXX | XXX | XXX |
| Net Margin | 42% | XXX | 26% | XXX | XXX | XXX |
| Net Debt | — | — | $237M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Dorian LPG Stock Performance
Dorian LPG has current market cap of $2B, and enterprise value of $2B.
Market Cap Evolution
Dorian LPG's stock price is $35.22.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $2B | -1.1% | XXX | XXX | XXX | $2.11 |
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Start Free TrialDorian LPG Valuation Multiples
Dorian LPG trades at 4.2x EV/Revenue multiple, and 6.7x EV/EBITDA.
EV / Revenue (LTM)
Dorian LPG Financial Valuation Multiples
As of April 17, 2026, Dorian LPG has market cap of $2B and EV of $2B.
Equity research analysts estimate Dorian LPG's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Dorian LPG has a P/E ratio of 8.1x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 4.2x | XXX | 5.3x | XXX | XXX | XXX |
| EV/EBITDA | 6.7x | XXX | 9.7x | XXX | XXX | XXX |
| EV/EBIT | 9.9x | XXX | 16.0x | XXX | XXX | XXX |
| EV/Gross Profit | 6.2x | XXX | 12.3x | XXX | XXX | XXX |
| P/E | 8.1x | XXX | 16.7x | XXX | XXX | XXX |
| EV/FCF | 17.4x | XXX | 10.9x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Dorian LPG Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Dorian LPG Margins & Growth Rates
Dorian LPG's revenue in the last 12 month grew by 2%.
Dorian LPG's revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.3M for the same period.
Dorian LPG's rule of 40 is 66% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Dorian LPG's rule of X is 78% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Dorian LPG Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 2% | XXX | 27% | XXX | XXX | XXX |
| EBITDA Margin | 63% | XXX | 55% | XXX | XXX | XXX |
| EBITDA Growth | (8%) | XXX | 46% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 66% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 78% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.6M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 12% | XXX | XXX | XXX |
| Opex to Revenue | 35% | XXX | 58% | XXX | XXX | XXX |
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Dorian LPG Public Comps
See public comps and valuation multiples for other Energy Infrastructure and Energy Services comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Dorian LPG | XXX | XXX | XXX | XXX | XXX | XXX |
| SK Gas | XXX | XXX | XXX | XXX | XXX | XXX |
| Genesis Energy New Zealand | XXX | XXX | XXX | XXX | XXX | XXX |
| BW Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Global Partners | XXX | XXX | XXX | XXX | XXX | XXX |
| BlueNord | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Dorian LPG M&A Activity
Dorian LPG acquired XXX companies to date.
Last acquisition by Dorian LPG was on XXXXXXXX, XXXXX. Dorian LPG acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Dorian LPG
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialDorian LPG Investment Activity
Dorian LPG invested in XXX companies to date.
Dorian LPG made its latest investment on XXXXXXXX, XXXXX. Dorian LPG invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Dorian LPG
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Dorian LPG
| When was Dorian LPG founded? | Dorian LPG was founded in 2013. |
| Where is Dorian LPG headquartered? | Dorian LPG is headquartered in United States. |
| How many employees does Dorian LPG have? | As of today, Dorian LPG has over 587 employees. |
| Who is the CEO of Dorian LPG? | Dorian LPG's CEO is John C. Hadjipateras. |
| Is Dorian LPG publicly listed? | Yes, Dorian LPG is a public company listed on NYSE. |
| What is the stock symbol of Dorian LPG? | Dorian LPG trades under LPG ticker. |
| When did Dorian LPG go public? | Dorian LPG went public in 2014. |
| Who are competitors of Dorian LPG? | Dorian LPG main competitors are SK Gas, Genesis Energy New Zealand, BW Energy, Global Partners. |
| What is the current market cap of Dorian LPG? | Dorian LPG's current market cap is $2B. |
| What is the current revenue of Dorian LPG? | Dorian LPG's last 12 months revenue is $448M. |
| What is the current revenue growth of Dorian LPG? | Dorian LPG revenue growth (NTM/LTM) is 2%. |
| What is the current EV/Revenue multiple of Dorian LPG? | Current revenue multiple of Dorian LPG is 4.2x. |
| Is Dorian LPG profitable? | Yes, Dorian LPG is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Dorian LPG? | Dorian LPG's last 12 months EBITDA is $281M. |
| What is Dorian LPG's EBITDA margin? | Dorian LPG's last 12 months EBITDA margin is 63%. |
| What is the current EV/EBITDA multiple of Dorian LPG? | Current EBITDA multiple of Dorian LPG is 6.7x. |
| What is the current FCF of Dorian LPG? | Dorian LPG's last 12 months FCF is $108M. |
| What is Dorian LPG's FCF margin? | Dorian LPG's last 12 months FCF margin is 24%. |
| What is the current EV/FCF multiple of Dorian LPG? | Current FCF multiple of Dorian LPG is 17.4x. |
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