vs
Side-by-side financial comparison of DORIAN LPG LTD. (LPG) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
DORIAN LPG LTD. is the larger business by last-quarter revenue ($120.0M vs $71.1M, roughly 1.7× RE/MAX Holdings, Inc.). DORIAN LPG LTD. runs the higher net margin — 39.3% vs 2.0%, a 37.3% gap on every dollar of revenue. On growth, DORIAN LPG LTD. posted the faster year-over-year revenue change (48.7% vs -1.8%). Over the past eight quarters, RE/MAX Holdings, Inc.'s revenue compounded faster (-4.7% 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.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
LPG vs RMAX — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $120.0M | $71.1M |
| Net Profit | $47.2M | $1.4M |
| Gross Margin | — | — |
| Operating Margin | 42.8% | 13.1% |
| Net Margin | 39.3% | 2.0% |
| Revenue YoY | 48.7% | -1.8% |
| Net Profit YoY | 120.9% | -75.2% |
| EPS (diluted) | $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.
| Q4 25 | $120.0M | $71.1M | ||
| Q3 25 | $124.1M | $73.2M | ||
| Q2 25 | $84.2M | $72.8M | ||
| Q1 25 | $75.9M | $74.5M | ||
| Q4 24 | $80.7M | $72.5M | ||
| Q3 24 | $82.4M | $78.5M | ||
| Q2 24 | $114.4M | $78.5M | ||
| Q1 24 | $141.4M | $78.3M |
| Q4 25 | $47.2M | $1.4M | ||
| Q3 25 | $55.4M | $4.0M | ||
| Q2 25 | $10.1M | $4.7M | ||
| Q1 25 | $8.1M | $-2.0M | ||
| Q4 24 | $21.4M | $5.8M | ||
| Q3 24 | $9.4M | $966.0K | ||
| Q2 24 | $51.3M | $3.7M | ||
| Q1 24 | $79.2M | $-3.4M |
| Q4 25 | 42.8% | 13.1% | ||
| Q3 25 | 47.8% | 25.0% | ||
| Q2 25 | 18.5% | 19.3% | ||
| Q1 25 | 19.4% | 7.2% | ||
| Q4 24 | 29.0% | 5.9% | ||
| Q3 24 | 23.2% | 19.4% | ||
| Q2 24 | 48.5% | 20.6% | ||
| Q1 24 | 58.3% | 5.8% |
| Q4 25 | 39.3% | 2.0% | ||
| Q3 25 | 44.6% | 5.4% | ||
| Q2 25 | 12.0% | 6.4% | ||
| Q1 25 | 10.7% | -2.6% | ||
| Q4 24 | 26.5% | 8.0% | ||
| Q3 24 | 11.4% | 1.2% | ||
| Q2 24 | 44.9% | 4.7% | ||
| Q1 24 | 56.0% | -4.3% |
| Q4 25 | $1.11 | — | ||
| Q3 25 | $1.30 | — | ||
| Q2 25 | $0.24 | — | ||
| Q1 25 | $0.17 | — | ||
| Q4 24 | $0.50 | — | ||
| Q3 24 | $0.22 | — | ||
| Q2 24 | $1.25 | — | ||
| Q1 24 | $1.96 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $294.5M | $118.7M |
| Total DebtLower is stronger | $513.2M | $432.2M |
| Stockholders' EquityBook value | $1.1B | $452.4M |
| Total Assets | $1.8B | $582.5M |
| Debt / EquityLower = less leverage | 0.47× | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $294.5M | $118.7M | ||
| Q3 25 | $268.3M | $107.5M | ||
| Q2 25 | $277.9M | $94.3M | ||
| Q1 25 | $316.9M | $89.1M | ||
| Q4 24 | $314.5M | $96.6M | ||
| Q3 24 | $348.6M | $83.8M | ||
| Q2 24 | $353.3M | $66.1M | ||
| Q1 24 | $282.5M | $82.1M |
| Q4 25 | $513.2M | $432.2M | ||
| Q3 25 | $526.4M | $433.3M | ||
| Q2 25 | $539.6M | $434.4M | ||
| Q1 25 | $553.3M | $435.3M | ||
| Q4 24 | $565.9M | $436.2M | ||
| Q3 24 | $579.0M | $437.2M | ||
| Q2 24 | $592.1M | $438.1M | ||
| Q1 24 | $605.1M | $439.0M |
| Q4 25 | $1.1B | $452.4M | ||
| Q3 25 | $1.1B | $448.1M | ||
| Q2 25 | $1.0B | $442.4M | ||
| Q1 25 | $1.0B | $433.5M | ||
| Q4 24 | $1.1B | $429.5M | ||
| Q3 24 | $1.1B | $423.1M | ||
| Q2 24 | $1.1B | $418.4M | ||
| Q1 24 | $1.0B | $412.0M |
| Q4 25 | $1.8B | $582.5M | ||
| Q3 25 | $1.8B | $582.2M | ||
| Q2 25 | $1.7B | $574.8M | ||
| Q1 25 | $1.8B | $571.4M | ||
| Q4 24 | $1.8B | $581.6M | ||
| Q3 24 | $1.9B | $578.6M | ||
| Q2 24 | $1.9B | $571.4M | ||
| Q1 24 | $1.8B | $566.7M |
| Q4 25 | 0.47× | 0.96× | ||
| Q3 25 | 0.49× | 0.97× | ||
| Q2 25 | 0.52× | 0.98× | ||
| Q1 25 | 0.53× | 1.00× | ||
| Q4 24 | 0.53× | 1.02× | ||
| Q3 24 | 0.53× | 1.03× | ||
| Q2 24 | 0.53× | 1.05× | ||
| Q1 24 | 0.59× | 1.07× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $80.8M | $40.9M |
| Free Cash FlowOCF − Capex | — | $33.5M |
| FCF MarginFCF / Revenue | — | 47.1% |
| Capex IntensityCapex / Revenue | — | 10.4% |
| Cash ConversionOCF / Net Profit | 1.71× | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | — | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $80.8M | $40.9M | ||
| Q3 25 | $46.4M | $17.7M | ||
| Q2 25 | $814.5K | $4.6M | ||
| Q1 25 | $50.2M | $5.7M | ||
| Q4 24 | $24.3M | $59.7M | ||
| Q3 24 | $57.3M | $17.6M | ||
| Q2 24 | $41.2M | $15.9M | ||
| Q1 24 | $154.2M | $9.4M |
| Q4 25 | — | $33.5M | ||
| Q3 25 | — | $16.4M | ||
| Q2 25 | — | $2.9M | ||
| Q1 25 | — | $4.0M | ||
| Q4 24 | — | $53.0M | ||
| Q3 24 | — | $16.3M | ||
| Q2 24 | — | $14.0M | ||
| Q1 24 | — | $6.8M |
| Q4 25 | — | 47.1% | ||
| Q3 25 | — | 22.4% | ||
| Q2 25 | — | 4.0% | ||
| Q1 25 | — | 5.3% | ||
| Q4 24 | — | 73.2% | ||
| Q3 24 | — | 20.8% | ||
| Q2 24 | — | 17.8% | ||
| Q1 24 | — | 8.6% |
| Q4 25 | — | 10.4% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | — | 3.3% |
| Q4 25 | 1.71× | 28.39× | ||
| Q3 25 | 0.84× | 4.45× | ||
| Q2 25 | 0.08× | 0.97× | ||
| Q1 25 | 6.20× | — | ||
| Q4 24 | 1.14× | 10.28× | ||
| Q3 24 | 6.08× | 18.22× | ||
| Q2 24 | 0.80× | 4.29× | ||
| Q1 24 | 1.95× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LPG
Segment breakdown not available.
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
