LPGDORIAN LPG LTD.
Deep Sea Foreign Transportation Of Freight
- Revenue
- $482M
- 36% YoY
- Operating margin
- 43.6%
- 37% YoY
- EBITDA
- $282M
- 55% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 0.6×
- $165M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear108% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear53% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $274M | $390M | $561M | $353M | $482M | 36% |
| Operating income | $92M | $198M | $329M | $113M | $210M | 87% |
| Net income | $72M | $172M | $307M | $90M | $194M | 115% |
| Operating cash flow | $119M | $224M | $388M | $173M | $210M | 21% |
| Capex | $23M | $69M | — | — | — | |
| Stock-based comp | $3M | $4M | $8M | $10M | $11M | 5.8% |
| Buybacks | $21M | $2M | $4M | $6M | $7M | 12% |
| Dividends | $80M | $221M | $162M | $156M | $105M | 33% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $7M · 8
- Net
- −$7M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $6M | $7M | 582 | 407 |
| FY2025 | $5M | $4M | 348 | 238 |
| FY2024 | $4M | $6M | 535 | 228 |
| FY2023 | $3M | $3M | 240 | 148 |
| FY2022 | $2M | $2M | 128 | 124 |