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

Orthofix Medical Inc. is the larger business by last-quarter revenue ($219.9M vs $120.0M, roughly 1.8× DORIAN LPG LTD.). DORIAN LPG LTD. runs the higher net margin — 39.3% vs -1.0%, a 40.3% gap on every dollar of revenue. On growth, DORIAN LPG LTD. posted the faster year-over-year revenue change (48.7% vs 2.0%). Over the past eight quarters, Orthofix Medical Inc.'s revenue compounded faster (8.0% 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.

Orthofix Medical Inc. is a global medical device firm specializing in orthopedic care. It develops, manufactures and sells spinal implants, trauma care products, bone growth stimulation therapies and regenerative medicine offerings, serving orthopedic surgeons and healthcare providers across North America, Europe and Asia Pacific.

LPG vs OFIX — Head-to-Head

Bigger by revenue
OFIX
OFIX
1.8× larger
OFIX
$219.9M
$120.0M
LPG
Growing faster (revenue YoY)
LPG
LPG
+46.7% gap
LPG
48.7%
2.0%
OFIX
Higher net margin
LPG
LPG
40.3% more per $
LPG
39.3%
-1.0%
OFIX
Faster 2-yr revenue CAGR
OFIX
OFIX
Annualised
OFIX
8.0%
-7.9%
LPG

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
LPG
LPG
OFIX
OFIX
Revenue
$120.0M
$219.9M
Net Profit
$47.2M
$-2.2M
Gross Margin
71.1%
Operating Margin
42.8%
0.2%
Net Margin
39.3%
-1.0%
Revenue YoY
48.7%
2.0%
Net Profit YoY
120.9%
92.4%
EPS (diluted)
$1.11
$-0.05

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
OFIX
OFIX
Q4 25
$120.0M
$219.9M
Q3 25
$124.1M
$205.6M
Q2 25
$84.2M
$203.1M
Q1 25
$75.9M
$193.6M
Q4 24
$80.7M
$215.7M
Q3 24
$82.4M
$196.6M
Q2 24
$114.4M
$198.6M
Q1 24
$141.4M
$188.6M
Net Profit
LPG
LPG
OFIX
OFIX
Q4 25
$47.2M
$-2.2M
Q3 25
$55.4M
$-22.8M
Q2 25
$10.1M
$-14.1M
Q1 25
$8.1M
$-53.1M
Q4 24
$21.4M
$-29.1M
Q3 24
$9.4M
$-27.4M
Q2 24
$51.3M
$-33.4M
Q1 24
$79.2M
$-36.0M
Gross Margin
LPG
LPG
OFIX
OFIX
Q4 25
71.1%
Q3 25
72.2%
Q2 25
68.7%
Q1 25
62.8%
Q4 24
69.0%
Q3 24
68.7%
Q2 24
67.8%
Q1 24
67.5%
Operating Margin
LPG
LPG
OFIX
OFIX
Q4 25
42.8%
0.2%
Q3 25
47.8%
-8.3%
Q2 25
18.5%
-7.9%
Q1 25
19.4%
-25.2%
Q4 24
29.0%
-5.3%
Q3 24
23.2%
-9.6%
Q2 24
48.5%
-12.5%
Q1 24
58.3%
-15.6%
Net Margin
LPG
LPG
OFIX
OFIX
Q4 25
39.3%
-1.0%
Q3 25
44.6%
-11.1%
Q2 25
12.0%
-6.9%
Q1 25
10.7%
-27.4%
Q4 24
26.5%
-13.5%
Q3 24
11.4%
-13.9%
Q2 24
44.9%
-16.8%
Q1 24
56.0%
-19.1%
EPS (diluted)
LPG
LPG
OFIX
OFIX
Q4 25
$1.11
$-0.05
Q3 25
$1.30
$-0.57
Q2 25
$0.24
$-0.36
Q1 25
$0.17
$-1.35
Q4 24
$0.50
$-0.76
Q3 24
$0.22
$-0.71
Q2 24
$1.25
$-0.88
Q1 24
$1.96
$-0.95

Balance Sheet & Financial Strength

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

Metric
LPG
LPG
OFIX
OFIX
Cash + ST InvestmentsLiquidity on hand
$294.5M
$82.0M
Total DebtLower is stronger
$513.2M
Stockholders' EquityBook value
$1.1B
$450.0M
Total Assets
$1.8B
$850.6M
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPG
LPG
OFIX
OFIX
Q4 25
$294.5M
$82.0M
Q3 25
$268.3M
$62.9M
Q2 25
$277.9M
$65.6M
Q1 25
$316.9M
$58.0M
Q4 24
$314.5M
$83.2M
Q3 24
$348.6M
$30.1M
Q2 24
$353.3M
$26.4M
Q1 24
$282.5M
$27.0M
Total Debt
LPG
LPG
OFIX
OFIX
Q4 25
$513.2M
Q3 25
$526.4M
$157.2M
Q2 25
$539.6M
$157.0M
Q1 25
$553.3M
$156.9M
Q4 24
$565.9M
$157.0M
Q3 24
$579.0M
$118.5M
Q2 24
$592.1M
$118.0M
Q1 24
$605.1M
$118.2M
Stockholders' Equity
LPG
LPG
OFIX
OFIX
Q4 25
$1.1B
$450.0M
Q3 25
$1.1B
$442.5M
Q2 25
$1.0B
$458.3M
Q1 25
$1.0B
$458.3M
Q4 24
$1.1B
$503.1M
Q3 24
$1.1B
$525.9M
Q2 24
$1.1B
$546.0M
Q1 24
$1.0B
$570.3M
Total Assets
LPG
LPG
OFIX
OFIX
Q4 25
$1.8B
$850.6M
Q3 25
$1.8B
$832.6M
Q2 25
$1.7B
$837.2M
Q1 25
$1.8B
$823.1M
Q4 24
$1.8B
$893.3M
Q3 24
$1.9B
$867.9M
Q2 24
$1.9B
$882.0M
Q1 24
$1.8B
$906.0M
Debt / Equity
LPG
LPG
OFIX
OFIX
Q4 25
0.47×
Q3 25
0.49×
0.36×
Q2 25
0.52×
0.34×
Q1 25
0.53×
0.34×
Q4 24
0.53×
0.31×
Q3 24
0.53×
0.23×
Q2 24
0.53×
0.22×
Q1 24
0.59×
0.21×

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
OFIX
OFIX
Operating Cash FlowLast quarter
$80.8M
$27.7M
Free Cash FlowOCF − Capex
$16.8M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
1.71×
TTM Free Cash FlowTrailing 4 quarters
$-1.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPG
LPG
OFIX
OFIX
Q4 25
$80.8M
$27.7M
Q3 25
$46.4M
$12.4M
Q2 25
$814.5K
$11.6M
Q1 25
$50.2M
$-18.4M
Q4 24
$24.3M
$23.7M
Q3 24
$57.3M
$11.7M
Q2 24
$41.2M
$9.0M
Q1 24
$154.2M
$-18.6M
Free Cash Flow
LPG
LPG
OFIX
OFIX
Q4 25
$16.8M
Q3 25
$2.5M
Q2 25
$4.5M
Q1 25
$-25.1M
Q4 24
$15.2M
Q3 24
$6.3M
Q2 24
$-360.0K
Q1 24
$-29.1M
FCF Margin
LPG
LPG
OFIX
OFIX
Q4 25
7.6%
Q3 25
1.2%
Q2 25
2.2%
Q1 25
-13.0%
Q4 24
7.0%
Q3 24
3.2%
Q2 24
-0.2%
Q1 24
-15.4%
Capex Intensity
LPG
LPG
OFIX
OFIX
Q4 25
4.9%
Q3 25
4.8%
Q2 25
3.5%
Q1 25
3.5%
Q4 24
4.0%
Q3 24
2.7%
Q2 24
4.7%
Q1 24
5.6%
Cash Conversion
LPG
LPG
OFIX
OFIX
Q4 25
1.71×
Q3 25
0.84×
Q2 25
0.08×
Q1 25
6.20×
Q4 24
1.14×
Q3 24
6.08×
Q2 24
0.80×
Q1 24
1.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LPG
LPG

Segment breakdown not available.

OFIX
OFIX

Spinal Implants Biologics And Enabling Technologies$113.6M52%
Bone Growth Therapies$68.3M31%
Other$22.7M10%
IT$5.9M3%
GB$3.5M2%
FR$3.5M2%
DE$2.3M1%

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