---
schema_version: "secwatch.filing_event.v1"
accession: "0001596993-24-000026"
form_type: "8-K"
ticker: "LPG"
cik: "0001596993"
company_name: "DORIAN LPG LTD."
filed_at: "2024-05-22T23:59:59+00:00"
generated_at: "2026-06-01T09:45:40.910153+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Dorian LPG Q4 net income $79.2M ($1.96 EPS); full-year TCE $65,986/day, up 30.8% YoY

## Summary
- Q4 revenue $141.4M, net income $79.2M ($1.96 diluted EPS); adjusted net income $77.6M ($1.91 adjusted EPS).
- Full-year FY2024 revenue $560.7M (+43.9% YoY), net income $307.4M ($7.60 EPS), up from $172.4M prior year.
- TCE rate Q4 $72,202/day (+6.0% YoY); full-year $65,986/day (+30.8% YoY). Fleet utilization dropped to 87.7% in Q4 from 95.7%.
- Declared $40.6M irregular dividend payable May 30, 2024; total dividends returned >$730M since IPO.
- Charter hire expenses rose to $12.7M in Q4 (from $7.2M) due to more chartered-in days; vessel opex slightly higher.

## SEC filing metadata
- accession: 0001596993-24-000026
- form_type: 8-K
- ticker: LPG
- cik: 0001596993
- company_name: DORIAN LPG LTD.
- filed_at: 2024-05-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1596993/000159699324000026/0001596993-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1596993/000159699324000026/lpg-20240522x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001596993-24-000026
- JSON: https://secwatch.observer/filing/0001596993-24-000026.json
- Plain text: https://secwatch.observer/filing/0001596993-24-000026.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.