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

OFG BANCORP is the larger business by last-quarter revenue ($184.3M vs $120.0M, roughly 1.5× DORIAN LPG LTD.). DORIAN LPG LTD. runs the higher net margin — 39.3% vs 30.3%, a 9.0% gap on every dollar of revenue. On growth, DORIAN LPG LTD. posted the faster year-over-year revenue change (48.7% vs 0.9%). Over the past eight quarters, OFG BANCORP's revenue compounded faster (2.8% CAGR vs -7.9%).

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.

OFG Bancorp, founded in 1964, is the financial holding company for Oriental Bank, located in San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and the U.S. Virgin Islands through its principal subsidiaries: Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC. Its headquarters are located at Oriental Center, 254 Muñoz Rivera Avenue, San Juan, PR 00918....

LPG vs OFG — Head-to-Head

Bigger by revenue
OFG
OFG
1.5× larger
OFG
$184.3M
$120.0M
LPG
Growing faster (revenue YoY)
LPG
LPG
+47.8% gap
LPG
48.7%
0.9%
OFG
Higher net margin
LPG
LPG
9.0% more per $
LPG
39.3%
30.3%
OFG
Faster 2-yr revenue CAGR
OFG
OFG
Annualised
OFG
2.8%
-7.9%
LPG

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
LPG
LPG
OFG
OFG
Revenue
$120.0M
$184.3M
Net Profit
$47.2M
$55.9M
Gross Margin
Operating Margin
42.8%
25.7%
Net Margin
39.3%
30.3%
Revenue YoY
48.7%
0.9%
Net Profit YoY
120.9%
11.0%
EPS (diluted)
$1.11
$1.27

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
LPG
LPG
OFG
OFG
Q4 25
$120.0M
$184.3M
Q3 25
$124.1M
$186.2M
Q2 25
$84.2M
$182.4M
Q1 25
$75.9M
$178.6M
Q4 24
$80.7M
$182.7M
Q3 24
$82.4M
$174.7M
Q2 24
$114.4M
$179.8M
Q1 24
$141.4M
$174.4M
Net Profit
LPG
LPG
OFG
OFG
Q4 25
$47.2M
$55.9M
Q3 25
$55.4M
$51.8M
Q2 25
$10.1M
$51.8M
Q1 25
$8.1M
$45.6M
Q4 24
$21.4M
$50.3M
Q3 24
$9.4M
$47.0M
Q2 24
$51.3M
$51.1M
Q1 24
$79.2M
$49.7M
Operating Margin
LPG
LPG
OFG
OFG
Q4 25
42.8%
25.7%
Q3 25
47.8%
33.0%
Q2 25
18.5%
36.1%
Q1 25
19.4%
33.3%
Q4 24
29.0%
28.9%
Q3 24
23.2%
35.4%
Q2 24
48.5%
39.6%
Q1 24
58.3%
38.9%
Net Margin
LPG
LPG
OFG
OFG
Q4 25
39.3%
30.3%
Q3 25
44.6%
27.8%
Q2 25
12.0%
28.4%
Q1 25
10.7%
25.5%
Q4 24
26.5%
27.6%
Q3 24
11.4%
26.9%
Q2 24
44.9%
28.4%
Q1 24
56.0%
28.5%
EPS (diluted)
LPG
LPG
OFG
OFG
Q4 25
$1.11
$1.27
Q3 25
$1.30
$1.16
Q2 25
$0.24
$1.15
Q1 25
$0.17
$1.00
Q4 24
$0.50
$1.10
Q3 24
$0.22
$1.00
Q2 24
$1.25
$1.08
Q1 24
$1.96
$1.05

Balance Sheet & Financial Strength

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

Metric
LPG
LPG
OFG
OFG
Cash + ST InvestmentsLiquidity on hand
$294.5M
$1.0B
Total DebtLower is stronger
$513.2M
Stockholders' EquityBook value
$1.1B
$1.4B
Total Assets
$1.8B
$12.5B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPG
LPG
OFG
OFG
Q4 25
$294.5M
$1.0B
Q3 25
$268.3M
$740.3M
Q2 25
$277.9M
$851.8M
Q1 25
$316.9M
$710.6M
Q4 24
$314.5M
$591.1M
Q3 24
$348.6M
$680.6M
Q2 24
$353.3M
$740.4M
Q1 24
$282.5M
$754.4M
Total Debt
LPG
LPG
OFG
OFG
Q4 25
$513.2M
Q3 25
$526.4M
Q2 25
$539.6M
Q1 25
$553.3M
Q4 24
$565.9M
Q3 24
$579.0M
Q2 24
$592.1M
Q1 24
$605.1M
Stockholders' Equity
LPG
LPG
OFG
OFG
Q4 25
$1.1B
$1.4B
Q3 25
$1.1B
$1.4B
Q2 25
$1.0B
$1.3B
Q1 25
$1.0B
$1.3B
Q4 24
$1.1B
$1.3B
Q3 24
$1.1B
$1.3B
Q2 24
$1.1B
$1.2B
Q1 24
$1.0B
$1.2B
Total Assets
LPG
LPG
OFG
OFG
Q4 25
$1.8B
$12.5B
Q3 25
$1.8B
$12.2B
Q2 25
$1.7B
$12.2B
Q1 25
$1.8B
$11.7B
Q4 24
$1.8B
$11.5B
Q3 24
$1.9B
$11.5B
Q2 24
$1.9B
$11.3B
Q1 24
$1.8B
$11.2B
Debt / Equity
LPG
LPG
OFG
OFG
Q4 25
0.47×
Q3 25
0.49×
Q2 25
0.52×
Q1 25
0.53×
Q4 24
0.53×
Q3 24
0.53×
Q2 24
0.53×
Q1 24
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
LPG
LPG
OFG
OFG
Operating Cash FlowLast quarter
$80.8M
$217.7M
Free Cash FlowOCF − Capex
$199.3M
FCF MarginFCF / Revenue
108.1%
Capex IntensityCapex / Revenue
10.0%
Cash ConversionOCF / Net Profit
1.71×
3.90×
TTM Free Cash FlowTrailing 4 quarters
$345.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPG
LPG
OFG
OFG
Q4 25
$80.8M
$217.7M
Q3 25
$46.4M
$39.5M
Q2 25
$814.5K
$35.9M
Q1 25
$50.2M
$83.1M
Q4 24
$24.3M
$252.5M
Q3 24
$57.3M
$58.1M
Q2 24
$41.2M
$95.1M
Q1 24
$154.2M
$61.0M
Free Cash Flow
LPG
LPG
OFG
OFG
Q4 25
$199.3M
Q3 25
$35.5M
Q2 25
$31.8M
Q1 25
$78.7M
Q4 24
$231.2M
Q3 24
$51.8M
Q2 24
$90.4M
Q1 24
$54.8M
FCF Margin
LPG
LPG
OFG
OFG
Q4 25
108.1%
Q3 25
19.1%
Q2 25
17.4%
Q1 25
44.1%
Q4 24
126.5%
Q3 24
29.6%
Q2 24
50.3%
Q1 24
31.4%
Capex Intensity
LPG
LPG
OFG
OFG
Q4 25
10.0%
Q3 25
2.1%
Q2 25
2.3%
Q1 25
2.4%
Q4 24
11.7%
Q3 24
3.6%
Q2 24
2.6%
Q1 24
3.5%
Cash Conversion
LPG
LPG
OFG
OFG
Q4 25
1.71×
3.90×
Q3 25
0.84×
0.76×
Q2 25
0.08×
0.69×
Q1 25
6.20×
1.82×
Q4 24
1.14×
5.02×
Q3 24
6.08×
1.24×
Q2 24
0.80×
1.86×
Q1 24
1.95×
1.23×

Financial Flow Comparison

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

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