Dorian LPG Ltd.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $193.7M | $90.2M | $307.4M | $172.4M | $71.9M | $92.6M | $111.8M | $-50.9M |
| Depreciation & Amortization | $71.7M | $69.6M | $68.7M | $63.4M | $66.4M | $68.5M | $66.3M | $65.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $11.0M | $10.4M | $8.3M | $4.3M | $3.3M | $3.4M | $3.2M | $5.5M |
| Net Cash from Operating Activities | $210.1M | $173.0M | $388.4M | $224.1M | $118.7M | $170.6M | $169.0M | $8.9M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | $68.8M | $23.2M | $9.5M | $19.9M | $4.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-93.8M | $-7.4M | $-34.8M | $-76.3M | $68.8M | $1.0M | $-33.1M | $-4.5M |
| Financing Activities | ||||||||
| Dividends Paid | $105.0M | $156.4M | $162.3M | $220.6M | $80.1M | — | — | — |
| Stock Repurchases | $7.0M | $6.3M | $3.9M | $1.7M | $21.4M | $126.3M | $50.6M | $1.3M |
| Net Cash from Financing Activities | $-105.9M | $-131.3M | $-219.7M | $-235.2M | $-35.2M | $-174.5M | $-114.7M | $-67.0M |
| Net Change in Cash | $10.5M | $34.4M | $133.7M | $-88.0M | $152.1M | $-2.7M | $20.9M | $-62.9M |
| Free Cash Flow | — | — | — | $155.3M | $95.5M | $161.1M | $149.2M | $4.9M |