LPG (Dorian LPG) EBIT: $222.9 Mil (TTM As of Mar. 2026)


LPG Dorian LPG Ltd LPG
86 GF Score
Price $39.90
GF Value $33.74
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Dorian LPG EBIT?

Dorian LPG LPG -0.05% 86 EBIT is $222.9 Mil as of Mar. 2026. GuruFocus rates LPG with a GF Score™ of 86/100 and a GF Value™ of $33.74 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Dorian LPG's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $87.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $222.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dorian LPG's annualized ROC % for the quarter that ended in Mar. 2026 was 21.92%. Dorian LPG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dorian LPG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.67%.


Dorian LPG  (NYSE:LPG) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Dorian LPG's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=340.004 * ( 1 - 0% )/( (1531.513 + 1570.251)/ 2 )
=340.004/1550.882
=21.92 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1777.739 - 16.402 - ( 294.492 - max(0, 162.462 - 392.286+294.492))
=1531.513

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1871.693 - 20.019 - ( 327.409 - max(0, 168.827 - 450.25+327.409))
=1570.251

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Dorian LPG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=351.528/( ( (1328.03 + max(9.175, 0)) + (1364.643 + max(3.802, 0)) )/ 2 )
=351.528/( ( 1337.205 + 1368.445 )/ 2 )
=351.528/1352.825
=25.98 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.634 + 2.251 + 22.193) - (16.402 + 0.501 + -2.8421709430404E-14)
=9.175

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.037 + 2.442 + 21.324) - (20.019 + 1.982 + 0)
=3.802

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Dorian LPG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=222.915/2089.262
=10.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dorian LPG EBIT Related Terms


Dorian LPG EBIT Historical Data

* Premium members only.

The historical data trend for Dorian LPG's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dorian LPG EBIT Chart

Dorian LPG Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.76 202.48 345.46 123.38 222.92

Dorian LPG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.46 17.80 62.98 54.26 87.88

LPG vs FLNG, GLP, GEL: EBIT Comparison

For the Oil & Gas Midstream subindustry, Dorian LPG's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dorian LPG EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dorian LPG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dorian LPG's EV-to-EBIT falls into.


LPG
86GF Score
Dorian LPG Ltd LPG
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Dorian LPG EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $222.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $222.9 Mil mean?
Dorian LPG (LPG) has a EBIT of $222.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Dorian LPG.
Is Dorian LPG's EBIT too high?
Dorian LPG's current EBIT is $222.9 Mil. Overall, Dorian LPG has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dorian LPG's EBIT compare to FLNG and GLP?
Dorian LPG's EBIT of $222.9 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Dorian LPG. Dorian LPG's current EBIT is $222.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dorian LPG stock overvalued right now?
Based on GuruFocus' analysis, Dorian LPG (LPG) is currently considered Modestly Overvalued. The stock's GF Value™ is $33.74, compared to a current price of $39.90 — trading 18.3% above its estimated fair value. The current EBIT is $222.9 Mil. Dorian LPG's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Dorian LPG (LPG), the current EBIT is $222.9 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dorian LPG (LPG) Overvalued in 2026?

Based on GuruFocus' analysis, Dorian LPG stock appears to be overvalued. The current stock price of $39.90 is trading 18.3% above its estimated GF Value™ of $33.74. GuruFocus considers Dorian LPG to be Modestly Overvalued.

Key valuation signals for LPG:

  • EBIT: $222.9 Mil
  • GF Value™: $33.74 vs. price of $39.90 (18.3% above fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the LPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dorian LPG Business Description

Industry EnergyOil & Gas
Other Exchanges 0A8W:UK0DA:Germany
Address 27 Signal Road, Stamford, CT, USA, 06902
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.
86GF Score

Get the complete analysis for LPG

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$39.90
Price
$33.74
GF Value