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Side-by-side financial comparison of AerSale Corp (ASLE) and DORIAN LPG LTD. (LPG). Click either name above to swap in a different company.

DORIAN LPG LTD. is the larger business by last-quarter revenue ($120.0M vs $90.9M, roughly 1.3× AerSale Corp). DORIAN LPG LTD. runs the higher net margin — 39.3% vs 5.9%, a 33.4% gap on every dollar of revenue. On growth, DORIAN LPG LTD. posted the faster year-over-year revenue change (48.7% vs -4.0%). Over the past eight quarters, AerSale Corp's revenue compounded faster (0.2% CAGR vs -7.9%).

AerSale, Inc. is a Doral, Florida-based global supplier of aftermarket commercial jet aircraft, engines, used materials, and aeronautical engineering services to passenger and cargo airlines, government, multinational original equipment manufacturers, and independent MROs. AerSale is a member of the Aircraft Fleet Recycling Association.

Dorian LPG Ltd. is a leading international shipping company focused on the seaborne transportation of liquefied petroleum gas (LPG). It owns and operates a modern fleet of very large gas carriers, serving energy and petrochemical industry clients across key markets including North America, Asia and Europe.

ASLE vs LPG — Head-to-Head

Bigger by revenue
LPG
LPG
1.3× larger
LPG
$120.0M
$90.9M
ASLE
Growing faster (revenue YoY)
LPG
LPG
+52.7% gap
LPG
48.7%
-4.0%
ASLE
Higher net margin
LPG
LPG
33.4% more per $
LPG
39.3%
5.9%
ASLE
Faster 2-yr revenue CAGR
ASLE
ASLE
Annualised
ASLE
0.2%
-7.9%
LPG

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
ASLE
ASLE
LPG
LPG
Revenue
$90.9M
$120.0M
Net Profit
$5.4M
$47.2M
Gross Margin
34.1%
Operating Margin
7.8%
42.8%
Net Margin
5.9%
39.3%
Revenue YoY
-4.0%
48.7%
Net Profit YoY
99.7%
120.9%
EPS (diluted)
$0.10
$1.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASLE
ASLE
LPG
LPG
Q4 25
$90.9M
$120.0M
Q3 25
$71.2M
$124.1M
Q2 25
$107.4M
$84.2M
Q1 25
$65.8M
$75.9M
Q4 24
$94.7M
$80.7M
Q3 24
$82.7M
$82.4M
Q2 24
$77.1M
$114.4M
Q1 24
$90.5M
$141.4M
Net Profit
ASLE
ASLE
LPG
LPG
Q4 25
$5.4M
$47.2M
Q3 25
$-120.0K
$55.4M
Q2 25
$8.6M
$10.1M
Q1 25
$-5.3M
$8.1M
Q4 24
$2.7M
$21.4M
Q3 24
$509.0K
$9.4M
Q2 24
$-3.6M
$51.3M
Q1 24
$6.3M
$79.2M
Gross Margin
ASLE
ASLE
LPG
LPG
Q4 25
34.1%
Q3 25
30.2%
Q2 25
32.9%
Q1 25
27.3%
Q4 24
31.4%
Q3 24
28.6%
Q2 24
28.2%
Q1 24
31.8%
Operating Margin
ASLE
ASLE
LPG
LPG
Q4 25
7.8%
42.8%
Q3 25
4.0%
47.8%
Q2 25
11.7%
18.5%
Q1 25
-10.1%
19.4%
Q4 24
5.2%
29.0%
Q3 24
2.4%
23.2%
Q2 24
-2.4%
48.5%
Q1 24
5.2%
58.3%
Net Margin
ASLE
ASLE
LPG
LPG
Q4 25
5.9%
39.3%
Q3 25
-0.2%
44.6%
Q2 25
8.0%
12.0%
Q1 25
-8.0%
10.7%
Q4 24
2.9%
26.5%
Q3 24
0.6%
11.4%
Q2 24
-4.7%
44.9%
Q1 24
6.9%
56.0%
EPS (diluted)
ASLE
ASLE
LPG
LPG
Q4 25
$0.10
$1.11
Q3 25
$0.00
$1.30
Q2 25
$0.18
$0.24
Q1 25
$-0.10
$0.17
Q4 24
$0.05
$0.50
Q3 24
$0.01
$0.22
Q2 24
$-0.07
$1.25
Q1 24
$0.12
$1.96

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASLE
ASLE
LPG
LPG
Cash + ST InvestmentsLiquidity on hand
$4.4M
$294.5M
Total DebtLower is stronger
$1.3M
$513.2M
Stockholders' EquityBook value
$424.4M
$1.1B
Total Assets
$640.5M
$1.8B
Debt / EquityLower = less leverage
0.00×
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASLE
ASLE
LPG
LPG
Q4 25
$4.4M
$294.5M
Q3 25
$5.3M
$268.3M
Q2 25
$5.7M
$277.9M
Q1 25
$4.7M
$316.9M
Q4 24
$4.7M
$314.5M
Q3 24
$9.8M
$348.6M
Q2 24
$4.3M
$353.3M
Q1 24
$2.6M
$282.5M
Total Debt
ASLE
ASLE
LPG
LPG
Q4 25
$1.3M
$513.2M
Q3 25
$1.5M
$526.4M
Q2 25
$907.0K
$539.6M
Q1 25
$1.1M
$553.3M
Q4 24
$1.2M
$565.9M
Q3 24
$376.0K
$579.0M
Q2 24
$522.0K
$592.1M
Q1 24
$3.5M
$605.1M
Stockholders' Equity
ASLE
ASLE
LPG
LPG
Q4 25
$424.4M
$1.1B
Q3 25
$417.1M
$1.1B
Q2 25
$415.9M
$1.0B
Q1 25
$406.5M
$1.0B
Q4 24
$455.6M
$1.1B
Q3 24
$451.5M
$1.1B
Q2 24
$449.8M
$1.1B
Q1 24
$452.0M
$1.0B
Total Assets
ASLE
ASLE
LPG
LPG
Q4 25
$640.5M
$1.8B
Q3 25
$646.3M
$1.8B
Q2 25
$646.7M
$1.7B
Q1 25
$646.1M
$1.8B
Q4 24
$604.7M
$1.8B
Q3 24
$601.5M
$1.9B
Q2 24
$598.7M
$1.9B
Q1 24
$571.7M
$1.8B
Debt / Equity
ASLE
ASLE
LPG
LPG
Q4 25
0.00×
0.47×
Q3 25
0.00×
0.49×
Q2 25
0.00×
0.52×
Q1 25
0.00×
0.53×
Q4 24
0.00×
0.53×
Q3 24
0.00×
0.53×
Q2 24
0.00×
0.53×
Q1 24
0.01×
0.59×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASLE
ASLE
LPG
LPG
Operating Cash FlowLast quarter
$11.4M
$80.8M
Free Cash FlowOCF − Capex
$9.8M
FCF MarginFCF / Revenue
10.8%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
2.11×
1.71×
TTM Free Cash FlowTrailing 4 quarters
$-29.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASLE
ASLE
LPG
LPG
Q4 25
$11.4M
$80.8M
Q3 25
$-8.9M
$46.4M
Q2 25
$19.8M
$814.5K
Q1 25
$-45.2M
$50.2M
Q4 24
$37.5M
$24.3M
Q3 24
$10.4M
$57.3M
Q2 24
$-15.3M
$41.2M
Q1 24
$-21.5M
$154.2M
Free Cash Flow
ASLE
ASLE
LPG
LPG
Q4 25
$9.8M
Q3 25
$-9.8M
Q2 25
$18.6M
Q1 25
$-47.6M
Q4 24
$32.3M
Q3 24
$8.9M
Q2 24
$-18.9M
Q1 24
$-25.0M
FCF Margin
ASLE
ASLE
LPG
LPG
Q4 25
10.8%
Q3 25
-13.8%
Q2 25
17.3%
Q1 25
-72.4%
Q4 24
34.0%
Q3 24
10.7%
Q2 24
-24.6%
Q1 24
-27.7%
Capex Intensity
ASLE
ASLE
LPG
LPG
Q4 25
1.7%
Q3 25
1.3%
Q2 25
1.1%
Q1 25
3.7%
Q4 24
5.6%
Q3 24
1.9%
Q2 24
4.7%
Q1 24
3.9%
Cash Conversion
ASLE
ASLE
LPG
LPG
Q4 25
2.11×
1.71×
Q3 25
0.84×
Q2 25
2.31×
0.08×
Q1 25
6.20×
Q4 24
13.89×
1.14×
Q3 24
20.52×
6.08×
Q2 24
0.80×
Q1 24
-3.42×
1.95×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASLE
ASLE

Products$57.8M64%
Maintenance$23.2M26%
Leasing Arrangements$9.9M11%

LPG
LPG

Segment breakdown not available.

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