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Side-by-side financial comparison of DORIAN LPG LTD. (LPG) and RCI HOSPITALITY HOLDINGS, INC. (RICK). Click either name above to swap in a different company.

DORIAN LPG LTD. is the larger business by last-quarter revenue ($120.0M vs $70.9M, roughly 1.7× RCI HOSPITALITY HOLDINGS, INC.). DORIAN LPG LTD. runs the higher net margin — 39.3% vs -7.8%, a 47.1% gap on every dollar of revenue. On growth, DORIAN LPG LTD. posted the faster year-over-year revenue change (48.7% vs -3.1%). Over the past eight quarters, RCI HOSPITALITY HOLDINGS, INC.'s revenue compounded faster (-2.0% 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.

RCI Hospitality Holdings, Inc., through its subsidiaries, operates strip clubs, nightclubs, sports bars/restaurants, and a media and convention company that serves the adult club industry. RCI went public with an IPO in 1995 is listed on The NASDAQ Global Market under the symbol RICK.

LPG vs RICK — Head-to-Head

Bigger by revenue
LPG
LPG
1.7× larger
LPG
$120.0M
$70.9M
RICK
Growing faster (revenue YoY)
LPG
LPG
+51.9% gap
LPG
48.7%
-3.1%
RICK
Higher net margin
LPG
LPG
47.1% more per $
LPG
39.3%
-7.8%
RICK
Faster 2-yr revenue CAGR
RICK
RICK
Annualised
RICK
-2.0%
-7.9%
LPG

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
LPG
LPG
RICK
RICK
Revenue
$120.0M
$70.9M
Net Profit
$47.2M
$-5.5M
Gross Margin
Operating Margin
42.8%
-0.7%
Net Margin
39.3%
-7.8%
Revenue YoY
48.7%
-3.1%
Net Profit YoY
120.9%
-2354.9%
EPS (diluted)
$1.11
$-0.60

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
RICK
RICK
Q4 25
$120.0M
Q3 25
$124.1M
$70.9M
Q2 25
$84.2M
$71.1M
Q1 25
$75.9M
$65.9M
Q4 24
$80.7M
$71.5M
Q3 24
$82.4M
$73.2M
Q2 24
$114.4M
$76.2M
Q1 24
$141.4M
$72.3M
Net Profit
LPG
LPG
RICK
RICK
Q4 25
$47.2M
Q3 25
$55.4M
$-5.5M
Q2 25
$10.1M
$4.1M
Q1 25
$8.1M
$3.2M
Q4 24
$21.4M
$9.0M
Q3 24
$9.4M
$244.0K
Q2 24
$51.3M
$-5.2M
Q1 24
$79.2M
$774.0K
Operating Margin
LPG
LPG
RICK
RICK
Q4 25
42.8%
Q3 25
47.8%
-0.7%
Q2 25
18.5%
12.2%
Q1 25
19.4%
12.4%
Q4 24
29.0%
19.5%
Q3 24
23.2%
4.8%
Q2 24
48.5%
-3.3%
Q1 24
58.3%
6.4%
Net Margin
LPG
LPG
RICK
RICK
Q4 25
39.3%
Q3 25
44.6%
-7.8%
Q2 25
12.0%
5.7%
Q1 25
10.7%
4.9%
Q4 24
26.5%
12.6%
Q3 24
11.4%
0.3%
Q2 24
44.9%
-6.9%
Q1 24
56.0%
1.1%
EPS (diluted)
LPG
LPG
RICK
RICK
Q4 25
$1.11
Q3 25
$1.30
$-0.60
Q2 25
$0.24
$0.46
Q1 25
$0.17
$0.36
Q4 24
$0.50
$1.01
Q3 24
$0.22
$0.04
Q2 24
$1.25
$-0.56
Q1 24
$1.96
$0.08

Balance Sheet & Financial Strength

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

Metric
LPG
LPG
RICK
RICK
Cash + ST InvestmentsLiquidity on hand
$294.5M
$33.7M
Total DebtLower is stronger
$513.2M
$238.2M
Stockholders' EquityBook value
$1.1B
$261.1M
Total Assets
$1.8B
$596.9M
Debt / EquityLower = less leverage
0.47×
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPG
LPG
RICK
RICK
Q4 25
$294.5M
Q3 25
$268.3M
$33.7M
Q2 25
$277.9M
$29.3M
Q1 25
$316.9M
$32.7M
Q4 24
$314.5M
$34.7M
Q3 24
$348.6M
$32.4M
Q2 24
$353.3M
$34.9M
Q1 24
$282.5M
$20.0M
Total Debt
LPG
LPG
RICK
RICK
Q4 25
$513.2M
Q3 25
$526.4M
$238.2M
Q2 25
$539.6M
$243.8M
Q1 25
$553.3M
$244.1M
Q4 24
$565.9M
Q3 24
$579.0M
$241.1M
Q2 24
$592.1M
Q1 24
$605.1M
Stockholders' Equity
LPG
LPG
RICK
RICK
Q4 25
$1.1B
Q3 25
$1.1B
$261.1M
Q2 25
$1.0B
$269.5M
Q1 25
$1.0B
$268.8M
Q4 24
$1.1B
$269.0M
Q3 24
$1.1B
$263.4M
Q2 24
$1.1B
$271.2M
Q1 24
$1.0B
$285.8M
Total Assets
LPG
LPG
RICK
RICK
Q4 25
$1.8B
Q3 25
$1.8B
$596.9M
Q2 25
$1.7B
$597.4M
Q1 25
$1.8B
$589.8M
Q4 24
$1.8B
$586.2M
Q3 24
$1.9B
$584.4M
Q2 24
$1.9B
$601.0M
Q1 24
$1.8B
$609.9M
Debt / Equity
LPG
LPG
RICK
RICK
Q4 25
0.47×
Q3 25
0.49×
0.91×
Q2 25
0.52×
0.90×
Q1 25
0.53×
0.91×
Q4 24
0.53×
Q3 24
0.53×
0.92×
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
RICK
RICK
Operating Cash FlowLast quarter
$80.8M
$13.7M
Free Cash FlowOCF − Capex
$11.5M
FCF MarginFCF / Revenue
16.2%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
1.71×
TTM Free Cash FlowTrailing 4 quarters
$34.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPG
LPG
RICK
RICK
Q4 25
$80.8M
Q3 25
$46.4M
$13.7M
Q2 25
$814.5K
$13.8M
Q1 25
$50.2M
$8.5M
Q4 24
$24.3M
$13.3M
Q3 24
$57.3M
$15.7M
Q2 24
$41.2M
$15.8M
Q1 24
$154.2M
$10.8M
Free Cash Flow
LPG
LPG
RICK
RICK
Q4 25
Q3 25
$11.5M
Q2 25
$10.1M
Q1 25
$5.7M
Q4 24
$7.6M
Q3 24
$10.3M
Q2 24
$9.3M
Q1 24
$3.2M
FCF Margin
LPG
LPG
RICK
RICK
Q4 25
Q3 25
16.2%
Q2 25
14.2%
Q1 25
8.6%
Q4 24
10.6%
Q3 24
14.0%
Q2 24
12.3%
Q1 24
4.4%
Capex Intensity
LPG
LPG
RICK
RICK
Q4 25
Q3 25
3.2%
Q2 25
5.2%
Q1 25
4.3%
Q4 24
8.0%
Q3 24
7.3%
Q2 24
8.4%
Q1 24
10.6%
Cash Conversion
LPG
LPG
RICK
RICK
Q4 25
1.71×
Q3 25
0.84×
Q2 25
0.08×
3.40×
Q1 25
6.20×
2.65×
Q4 24
1.14×
1.48×
Q3 24
6.08×
64.14×
Q2 24
0.80×
Q1 24
1.95×
14.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LPG
LPG

Segment breakdown not available.

RICK
RICK

Transferred At Point In Time$60.8M86%
Food And Merchandise$10.4M15%

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