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Side-by-side financial comparison of DORIAN LPG LTD. (LPG) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.

BRC Group Holdings, Inc. is the larger business by last-quarter revenue ($188.3M vs $120.0M, roughly 1.6× DORIAN LPG LTD.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs 39.3%, a 8.6% gap on every dollar of revenue. On growth, DORIAN LPG LTD. posted the faster year-over-year revenue change (48.7% vs -21.9%). Over the past eight quarters, DORIAN LPG LTD.'s revenue compounded faster (-7.9% CAGR vs -15.4%).

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.

LPG vs RILY — Head-to-Head

Bigger by revenue
RILY
RILY
1.6× larger
RILY
$188.3M
$120.0M
LPG
Growing faster (revenue YoY)
LPG
LPG
+70.6% gap
LPG
48.7%
-21.9%
RILY
Higher net margin
RILY
RILY
8.6% more per $
RILY
47.9%
39.3%
LPG
Faster 2-yr revenue CAGR
LPG
LPG
Annualised
LPG
-7.9%
-15.4%
RILY

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
LPG
LPG
RILY
RILY
Revenue
$120.0M
$188.3M
Net Profit
$47.2M
$90.3M
Gross Margin
79.5%
Operating Margin
42.8%
32.3%
Net Margin
39.3%
47.9%
Revenue YoY
48.7%
-21.9%
Net Profit YoY
120.9%
1710.8%
EPS (diluted)
$1.11
$2.78

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
RILY
RILY
Q4 25
$120.0M
$188.3M
Q3 25
$124.1M
$215.3M
Q2 25
$84.2M
$188.2M
Q1 25
$75.9M
$197.2M
Q4 24
$80.7M
$241.0M
Q3 24
$82.4M
$225.5M
Q2 24
$114.4M
$256.0M
Q1 24
$141.4M
$263.4M
Net Profit
LPG
LPG
RILY
RILY
Q4 25
$47.2M
$90.3M
Q3 25
$55.4M
$91.1M
Q2 25
$10.1M
$139.5M
Q1 25
$8.1M
$-10.0M
Q4 24
$21.4M
$-5.6M
Q3 24
$9.4M
$-284.4M
Q2 24
$51.3M
$-433.6M
Q1 24
$79.2M
$-49.2M
Gross Margin
LPG
LPG
RILY
RILY
Q4 25
79.5%
Q3 25
83.7%
Q2 25
81.3%
Q1 25
81.4%
Q4 24
79.8%
Q3 24
82.1%
Q2 24
84.5%
Q1 24
85.3%
Operating Margin
LPG
LPG
RILY
RILY
Q4 25
42.8%
32.3%
Q3 25
47.8%
30.4%
Q2 25
18.5%
5.7%
Q1 25
19.4%
-31.2%
Q4 24
29.0%
-69.2%
Q3 24
23.2%
-36.4%
Q2 24
48.5%
-90.8%
Q1 24
58.3%
-6.1%
Net Margin
LPG
LPG
RILY
RILY
Q4 25
39.3%
47.9%
Q3 25
44.6%
42.3%
Q2 25
12.0%
74.1%
Q1 25
10.7%
-5.1%
Q4 24
26.5%
-2.3%
Q3 24
11.4%
-126.1%
Q2 24
44.9%
-169.4%
Q1 24
56.0%
-18.7%
EPS (diluted)
LPG
LPG
RILY
RILY
Q4 25
$1.11
$2.78
Q3 25
$1.30
$2.91
Q2 25
$0.24
$4.50
Q1 25
$0.17
$-0.39
Q4 24
$0.50
$-0.01
Q3 24
$0.22
$-9.39
Q2 24
$1.25
$-14.35
Q1 24
$1.96
$-1.71

Balance Sheet & Financial Strength

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

Metric
LPG
LPG
RILY
RILY
Cash + ST InvestmentsLiquidity on hand
$294.5M
$226.6M
Total DebtLower is stronger
$513.2M
$1.4B
Stockholders' EquityBook value
$1.1B
$-171.5M
Total Assets
$1.8B
$1.7B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPG
LPG
RILY
RILY
Q4 25
$294.5M
$226.6M
Q3 25
$268.3M
$184.2M
Q2 25
$277.9M
$267.4M
Q1 25
$316.9M
$138.3M
Q4 24
$314.5M
$146.9M
Q3 24
$348.6M
$159.2M
Q2 24
$353.3M
$236.9M
Q1 24
$282.5M
$190.7M
Total Debt
LPG
LPG
RILY
RILY
Q4 25
$513.2M
$1.4B
Q3 25
$526.4M
$1.3B
Q2 25
$539.6M
$1.3B
Q1 25
$553.3M
$1.4B
Q4 24
$565.9M
$1.5B
Q3 24
$579.0M
Q2 24
$592.1M
Q1 24
$605.1M
Stockholders' Equity
LPG
LPG
RILY
RILY
Q4 25
$1.1B
$-171.5M
Q3 25
$1.1B
$-260.5M
Q2 25
$1.0B
$-351.7M
Q1 25
$1.0B
$-496.8M
Q4 24
$1.1B
$-488.2M
Q3 24
$1.1B
$-497.6M
Q2 24
$1.1B
$-218.3M
Q1 24
$1.0B
$228.4M
Total Assets
LPG
LPG
RILY
RILY
Q4 25
$1.8B
$1.7B
Q3 25
$1.8B
$1.7B
Q2 25
$1.7B
$1.5B
Q1 25
$1.8B
$1.5B
Q4 24
$1.8B
$1.8B
Q3 24
$1.9B
$2.2B
Q2 24
$1.9B
$3.2B
Q1 24
$1.8B
$5.0B
Debt / Equity
LPG
LPG
RILY
RILY
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
RILY
RILY
Operating Cash FlowLast quarter
$80.8M
$26.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.71×
0.29×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPG
LPG
RILY
RILY
Q4 25
$80.8M
$26.2M
Q3 25
$46.4M
$-60.6M
Q2 25
$814.5K
$-25.6M
Q1 25
$50.2M
$184.0K
Q4 24
$24.3M
$-2.7M
Q3 24
$57.3M
$19.5M
Q2 24
$41.2M
$111.5M
Q1 24
$154.2M
$135.4M
Cash Conversion
LPG
LPG
RILY
RILY
Q4 25
1.71×
0.29×
Q3 25
0.84×
-0.66×
Q2 25
0.08×
-0.18×
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.

RILY
RILY

Transferred At Point In Time$101.4M54%
Wealth Management Segment$30.7M16%
Corporate Finance Consulting And Investment Banking Fees$27.1M14%
Services And Fees$24.8M13%
Commissions Fees And Reimbursed Expenses$4.8M3%

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