DLNG vs. LPG

Last updated Apr 1, 2026

Compare and contrast key facts about Dynagas LNG Partners LP (DLNG) and Dorian LPG Ltd. (LPG).

Performance

DLNG vs. LPG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dynagas LNG Partners LP (DLNG) and Dorian LPG Ltd. (LPG). The values are adjusted to include any dividend payments, if applicable.

DLNG vs. LPG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DLNG Dynagas LNG Partners LP	14.94%	-26.93%	96.44%	6.87%	-9.34%	15.60%	18.43%	-34.13%	-64.98%	-24.36%
LPG Dorian LPG Ltd.	43.62%	9.75%	-37.80%	171.42%	109.62%	12.71%	-21.25%	165.52%	-29.08%	0.12%

Fundamentals

Market Cap DLNG : $155.85M LPG : $1.46B
EPS DLNG : $1.69 LPG : $2.83
PE Ratio DLNG : 2.53 LPG : 12.08
PEG Ratio DLNG : 0.13 LPG : 0.34
PS Ratio DLNG : 1.00 LPG : 3.64
PB Ratio DLNG : 0.39 LPG : 1.34
Total Revenue (TTM) DLNG : $156.62M LPG : $400.69M
Gross Profit (TTM) DLNG : $83.95M LPG : $239.42M
EBITDA (TTM) DLNG : $107.90M LPG : $215.93M

Returns By Period

In the year-to-date period, DLNG achieves a 14.94% return, which is significantly lower than LPG's 43.62% return. Over the past 10 years, DLNG has underperformed LPG with an annualized return of -5.27%, while LPG has yielded a comparatively higher 23.57% annualized return.

DLNG

• 1D: 3.38%
• 1M: 9.74%
• YTD: 14.94%
• 6M: 25.20%
• 1Y: 19.75%
• 3Y*: 17.74%
• 5Y*: 10.22%
• 10Y*: -5.27%

LPG

• 1D: 3.04%
• 1M: -7.54%
• YTD: 43.62%
• 6M: 20.23%
• 1Y: 67.13%
• 3Y*: 34.27%
• 5Y*: 42.46%
• 10Y*: 23.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

DLNG vs. LPG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DLNG

DLNG Risk / Return Rank: 62
DLNG Sharpe Ratio Rank: 64
DLNG Sortino Ratio Rank: 59
DLNG Omega Ratio Rank: 54
DLNG Calmar Ratio Rank: 68
DLNG Martin Ratio Rank: 67

LPG

LPG Risk / Return Rank: 81
LPG Sharpe Ratio Rank: 84
LPG Sortino Ratio Rank: 79
LPG Omega Ratio Rank: 79
LPG Calmar Ratio Rank: 84
LPG Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DLNG vs. LPG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynagas LNG Partners LP (DLNG) and Dorian LPG Ltd. (LPG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DLNG	LPG	Difference
Sharpe ratio Return per unit of total volatility	0.61	1.46	-0.85
Sortino ratio Return per unit of downside risk	1.12	2.00	-0.88
Omega ratio Gain probability vs. loss probability	1.13	1.27	-0.15
Calmar ratio Return relative to maximum drawdown	1.27	2.64	-1.37
Martin ratio Return relative to average drawdown	2.88	5.60	-2.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DLNG vs. LPG - Sharpe Ratio Comparison

The current DLNG Sharpe Ratio is 0.61, which is lower than the LPG Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of DLNG and LPG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DLNG	LPG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.61	1.46	-0.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.99	-0.77
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.10	0.49	-0.59
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	0.27	-0.38

Correlation

The correlation between DLNG and LPG is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

DLNG vs. LPG - Dividend Comparison

DLNG's dividend yield for the trailing twelve months is around 4.63%, less than LPG's 7.16% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLNG Dynagas LNG Partners LP	4.63%	5.23%	0.90%	0.00%	0.00%	0.00%	0.00%	5.92%	34.79%	15.56%	10.58%	17.42%
LPG Dorian LPG Ltd.	7.16%	10.07%	16.41%	9.12%	29.02%	7.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

DLNG vs. LPG - Drawdown Comparison

The maximum DLNG drawdown since its inception was -93.08%, which is greater than LPG's maximum drawdown of -78.31%. Use the drawdown chart below to compare losses from any high point for DLNG and LPG.

Drawdown Indicators

	DLNG	LPG	Difference
Max Drawdown Largest peak-to-trough decline	-93.08%	-78.31%	-14.77%
Max Drawdown (1Y) Largest decline over 1 year	-13.73%	-24.99%	+11.26%
Max Drawdown (5Y) Largest decline over 5 years	-51.03%	-62.89%	+11.86%
Max Drawdown (10Y) Largest decline over 10 years	-92.72%	-62.89%	-29.83%
Current Drawdown Current decline from peak	-68.36%	-20.10%	-48.26%
Average Drawdown Average peak-to-trough decline	-57.65%	-43.23%	-14.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.05%	11.78%	-5.73%

Volatility

DLNG vs. LPG - Volatility Comparison

Dynagas LNG Partners LP (DLNG) and Dorian LPG Ltd. (LPG) have volatilities of 17.06% and 17.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DLNG	LPG	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.06%	17.09%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	23.21%	28.24%	-5.03%
Volatility (1Y) Calculated over the trailing 1-year period	32.67%	46.34%	-13.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.23%	43.03%	+4.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.16%	48.20%	+4.96%

Financials

DLNG vs. LPG - Profitability Comparison

The chart below illustrates the profitability comparison between Dynagas LNG Partners LP and Dorian LPG Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DLNG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Dynagas LNG Partners LP reported a gross profit of 21.00M and revenue of 40.01M. Therefore, the gross margin over that period was 52.5%.

LPG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Dorian LPG Ltd. reported a gross profit of 100.05M and revenue of 119.96M. Therefore, the gross margin over that period was 83.4%.

DLNG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Dynagas LNG Partners LP reported an operating income of 18.82M and revenue of 40.01M, resulting in an operating margin of 47.0%.

LPG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Dorian LPG Ltd. reported an operating income of 51.31M and revenue of 119.96M, resulting in an operating margin of 42.8%.

DLNG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Dynagas LNG Partners LP reported a net income of 15.71M and revenue of 40.01M, resulting in a net margin of 39.3%.

LPG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Dorian LPG Ltd. reported a net income of 47.19M and revenue of 119.96M, resulting in a net margin of 39.3%.