Dynagas LNG Partners LP (DLNG) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 25	$0.38	$0.34	-10.5%	—	$40M	—
Q4 24	$0.28	$0.32	+14.3%	—	$41.7M	—
Q3 24	$0.28	$0.3	+7.1%	—	$39.1M	—
Q2 24	$0.28	$0.25	-10.7%	—	$37.6M	—
Q1 24	$0.3	$0.25	-16.7%	—	$38.1M	—
Q4 23	$0.3	$0.2	-33.3%	—	$37M	—
Q3 23	$0.11	$0.01	-90.9%	—	$48.6M	—
Q2 23	$0.18	$0.08	-55.6%	—	$37.7M	—
Q1 23	$0.21	$0.1	-52.4%	—	$37.3M	—
Q4 22	$0.22	$0.11	-50.0%	—	$35.1M	—
Q3 22	$0.08	$0.04	-50.0%	—	$29.9M	—
Q2 22	$0.17	$0.17	0.0%	—	$33.4M	—
Q1 22	$0.17	$0.19	+11.8%	—	$33.3M	—
Q4 21	$0.21	$0.23	+9.5%	—	$35.7M	—
Q3 21	$0.2	$0.24	+20.0%	—	$34.7M	—
Q2 21	$0.21	$0.2	-4.8%	—	$33.9M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.38	—	—	$156.6M	—
FY24	—	$1.05	—	—	$156.4M	—
FY23	—	$0.66	—	—	$160.5M	—
FY22	—	$1.15	—	—	$131.7M	—

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$169.9M	$139M	$127.1M	$130.9M	$137.2M	$137.7M	$131.7M	$160.5M	$156.4M	$156.6M
YoY change	+17%	-18.2%	-8.53%	+2.96%	+4.79%	+0.42%	-4.42%	+21.9%	-2.54%	+0.14%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	169.9M	139M	127.1M	130.9M	137.2M	137.7M	131.7M	160.5M	156.4M	156.6M
Cost of revenue	59.9M	67.2M	65.6M	61.7M	63.6M	64M	77.3M	87.3M	70.2M	72.7M
Gross profit	110M	71.8M	61.5M	69.2M	73.5M	73.7M	54.3M	73.1M	86.2M	84M
Gross margin	64.7%	51.7%	48.4%	52.8%	53.6%	53.5%	41.3%	45.6%	55.1%	53.6%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.9M	1.7M	2.2M	2.7M	2.5M	3.1M	2.8M	2M	2.1M	1.8M
Operating expenses	7.9M	7.8M	8.6M	9.2M	9.3M	9.1M	9M	8.4M	8.7M	8.6M
Operating income	102.1M	63.9M	53M	59.9M	64.3M	64.6M	45.3M	64.7M	77.4M	75.3M
Operating margin	60.1%	46%	41.7%	45.8%	46.9%	46.9%	34.4%	40.3%	49.5%	48.1%
Non-operating income, net	-234K	-3.1M	69K	-7.5M	-3.4M	10.1M	35.8M	7.8M	2.8M	6.4M
Pretax income	66.9M	17.3M	3.6M	3.6M	34.1M	53.3M	54M	35.9M	51.6M	61.6M
Income tax	—	—	—	—	—	—	—	—	—	—
Net income	66.9M	17.3M	3.6M	3.6M	34.1M	53.3M	54M	35.9M	51.6M	61.6M
Net margin	39.4%	12.5%	2.84%	2.76%	24.8%	38.7%	41%	22.4%	33%	39.4%
EBITDA	130.1M	90M	80.8M	88.4M	93.1M	93.6M	75.8M	100.1M	112.4M	114.5M
EPS	1.69	0.27	-0.11	-0.22	0.74	1.14	1.15	0.66	1.05	1.38
Diluted EPS	1.69	0.27	-0.11	-0.22	0.74	1.14	1.15	0.66	1.05	1.38

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	48.6M	37M	38.1M	37.6M	39.1M	41.7M	39.1M	38.6M	38.9M	40M	39.9M	41.8M
Cost of revenue	37.1M	17.1M	16.6M	16.6M	17M	20.1M	18.4M	17.3M	18M	19M	21.2M	19.8M
Gross profit	11.5M	19.8M	21.5M	21M	22.1M	21.5M	20.7M	21.3M	20.9M	21M	18.8M	22M
Gross margin	23.6%	53.7%	56.5%	56%	56.5%	51.7%	53%	55.2%	53.7%	52.5%	47%	52.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	478K	562K	526K	588K	565K	464K	514K	457K	405K	469K	532K	407K
Operating expenses	2.1M	2.2M	2.2M	2.2M	2.2M	2.1M	2.2M	2.1M	2.1M	2.2M	2.3M	2.1M
Operating income	9.4M	17.7M	19.3M	18.8M	19.8M	19.4M	18.5M	19.2M	18.8M	18.8M	16.5M	19.8M
Operating margin	19.3%	47.8%	50.8%	50%	50.8%	46.6%	47.4%	49.7%	48.3%	47%	41.3%	47.5%
Non-operating income, net	1.2M	1.8M	1.1M	69K	1.6M	104K	-109K	-237K	5.2M	1.5M	4.9M	-25K
Pretax income	1.4M	10.5M	11.8M	10.7M	15.1M	14.1M	13.6M	13.7M	18.7M	15.7M	17.4M	16M
Income tax	—	—	—	—	—	—	—	—	—	—	—	—
Net income	1.4M	10.5M	11.8M	10.7M	15.1M	14.1M	13.6M	13.7M	18.7M	15.7M	17.4M	16M
Net margin	2.84%	28.3%	30.9%	28.5%	38.5%	33.8%	34.7%	35.5%	48%	39.3%	43.6%	38.2%
EBITDA	17.4M	29.3M	27.1M	27.6M	29.4M	31.7M	26.3M	27.7M	26.9M	34M	29.3M	27.8M
EPS	-0.04	0.21	0.23	0.2	0.32	0.29	0.28	0.23	0.48	0.38	0.43	0.39
Diluted EPS	-0.04	0.21	0.23	0.2	0.32	0.29	0.28	0.23	0.48	0.38	0.43	0.39

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	327.7M	—	119.6M	74.9M	88.9M	105.5M	96.4M	103M	200.2M	137.8M	128.8M
Enterprise value	986.5M	—	722.5M	711.9M	671.6M	620.4M	544.9M	448.9M	452.8M	373.9M	399.1M
Shares outstanding	20.5M	34.5M	35.5M	35.5M	35.5M	36.5M	36.8M	36.8M	36.8M	36.6M	36.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	4.9	—	33.1	20.7	2.61	1.98	1.79	2.87	3.88	2.24	2.12
P/S	1.93	—	0.94	0.57	0.65	0.77	0.73	0.64	1.28	0.88	0.81
P/B	0.89	—	0.37	0.24	0.26	0.28	0.23	0.23	0.41	0.29	0.3
EV/EBITDA	7.58	—	8.94	8.05	7.21	6.63	7.19	4.48	4.03	3.26	3.79
EV/Sales	5.81	—	5.68	5.44	4.9	4.5	4.14	2.8	2.89	2.39	2.49
Earnings yield	20.4%	—	3.02%	4.82%	38.3%	50.5%	56%	34.8%	25.8%	44.7%	47.1%
FCF yield	20.2%	—	35.6%	57.6%	77.2%	75.4%	55.7%	58.4%	46%	65.5%	49.1%
PEG	—	—	—	—	—	—	—	—	—	—	0.03

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	64.7%	51.7%	48.4%	52.8%	53.6%	53.5%	41.3%	45.6%	55.1%	53.6%	52.6%
Operating margin	60.1%	46%	41.7%	45.8%	46.9%	46.9%	34.4%	40.3%	49.5%	48.1%	46.7%
Net margin	39.4%	12.5%	2.84%	2.76%	24.8%	38.7%	41%	22.4%	33%	39.4%	42.3%
ROE	18.2%	5.45%	1.11%	1.15%	10.1%	14%	12.7%	8%	10.6%	13%	13.5%
ROA	6.04%	1.64%	0.34%	0.37%	3.53%	5.52%	5.7%	3.95%	6.09%	7.84%	5.62%
Return on tangible assets	6.18%	1.66%	0.34%	0.37%	3.53%	5.52%	5.7%	3.95%	6.09%	7.84%	8.56%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.13	3.07	0.41	0.28	0.43	0.79	1.06	0.23	0.93	0.63	0.88
Quick ratio	1.12	3.04	0.41	0.27	0.42	0.77	1.04	0.23	0.92	0.61	111.4
Debt / equity	1.95	2.24	2.18	2.08	1.81	1.47	1.17	0.94	0.66	0.59	0.51
Debt / assets	0.65	0.68	0.67	0.66	0.63	0.58	0.52	0.46	0.38	0.35	0.35
Net debt / EBITDA	5.06	7.19	7.46	7.2	6.26	5.5	5.92	3.46	2.25	2.06	1.66
Interest coverage	3.03	1.44	1.08	1.08	2.41	3.84	3.1	1.96	2.72	3.96	3.96

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	8.28	4.02	3.58	3.69	3.86	3.77	3.58	4.36	4.25	4.28	4.39
EPS (basic)	1.69	0.27	-0.11	-0.22	0.74	1.14	1.15	0.66	1.05	1.38	1.38
EPS (diluted)	1.69	0.27	-0.11	-0.22	0.74	1.14	1.15	0.66	1.05	1.38	1.68
Book value per share	17.9	9.21	9.2	8.84	9.47	10.5	11.5	12.2	13.2	12.9	11.7
FCF per share	3.23	1.72	1.2	1.22	1.93	2.18	1.46	1.63	2.5	2.47	2.62
Cash per share	2.81	1.95	3.1	0.46	0.7	1.29	1.32	2	1.85	1.12	1.63
Capex per share	1.83	0	0.01	0	0	0	0.1	0.12	0	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	22.1%	0%	0.32%	0%	0%	0%	2.76%	2.64%	0.02%	—	—
Capex / operating cash flow	36.2%	0%	0.96%	0%	0%	0%	3.9%	5.2%	0.03%	—	—
Payout ratio	100%	385.6%	1.3K%	453.7%	34%	21.7%	21.4%	32.2%	28.7%	27.4%	11.8%
Dividend yield	20.4%	—	40.5%	21.9%	13%	11%	12%	11.2%	7.38%	12.3%	5.63%

Yield

5.63%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.05

ex-dividend Aug 24, 2026

Payout ratio

12%

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 24, 2026	$0.05
May 18, 2026	$0.05
Feb 23, 2026	$0.05
May 19, 2025	$0.049
Feb 24, 2025	$0.049
Dec 9, 2024	$0.049
May 2, 2019	$0.0625
Feb 6, 2019	$0.0625

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$48.6M	$37M	$38.1M	$37.6M	$39.1M	$41.7M	$39.1M	$38.6M	$38.9M	$40M	$39.9M	$41.8M
YoY change	+62.5%	+5.38%	+2.13%	-0.1%	-19.6%	+12.8%	+2.76%	+2.65%	-0.46%	-3.96%	+2.12%	+8.15%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	57.6M	67.5M	109.9M	16.2M	25M	47M	48.6M	73.8M	68.2M	41M
Receivables	100K	155K	48K	143K	384K	90K	67K	709K	1.2M	478K
Inventory	834K	799K	1.2M	718K	808K	909K	885K	751K	894K	1.2M
Total current assets	60.2M	70.4M	113M	18.2M	27.1M	51.2M	74.2M	105.3M	78.2M	49.4M
Property, plant & equipment	-159.9M	-190.2M	-220.5M	-251.2M	-283M	-314.7M	-346.5M	-378.5M	-410.6M	733.1M
Goodwill & intangibles	25M	10.5M	0	—	—	—	—	—	—	—
Total assets	1.1B	1.1B	1.1B	989.2M	965.8M	965.5M	947.7M	908.9M	847.2M	786.2M
Accounts payable	3.1M	4.5M	5.7M	5.5M	4.4M	5.7M	8M	13.8M	13.2M	12.3M
Short-term debt	31.7M	2.7M	251.8M	45.5M	45.7M	45.9M	46.3M	419.6M	43.6M	43.7M
Total current liabilities	53.1M	22.9M	272.7M	64.6M	62.8M	64.9M	70.3M	458.8M	83.9M	78.9M
Long-term debt	684.7M	711.7M	461.1M	607.7M	562M	516M	450.8M	—	277.1M	233.4M
Total liabilities	738.8M	736M	737M	675.5M	629.3M	584M	523.8M	460.7M	362.4M	313M
Shareholders' equity	367.8M	318.3M	326.5M	313.7M	336.5M	381.5M	423.9M	448.2M	484.8M	473.2M
Total debt	716.4M	714.4M	712.8M	653.2M	607.7M	562M	497M	419.6M	320.7M	277.1M
Net debt	658.8M	646.9M	602.9M	636.9M	582.7M	515M	448.4M	345.8M	252.6M	236M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	64.9M	73.8M	76.2M	35.6M	52M	68.2M	70M	77.9M	34.7M	41M	53M	59.5M
Receivables	—	709K	—	491K	—	1.2M	—	526K	—	478K	—	—
Inventory	—	751K	—	769K	—	894K	—	937K	—	1.2M	—	—
Total current assets	105.5M	105.3M	100.3M	50.4M	55.5M	78.2M	72.3M	84.7M	36.7M	49.4M	54.5M	60.8M
Property, plant & equipment	—	-378.5M	—	-394.5M	—	-410.6M	—	749.3M	741.2M	733.1M	725.2M	717.2M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	916.8M	908.9M	894.8M	838.4M	840.7M	847.2M	837M	839.3M	785.7M	786.2M	792.3M	791.8M
Accounts payable	—	13.8M	—	12.1M	—	13.2M	—	13.1M	—	12.3M	—	—
Short-term debt	—	419.6M	—	43.6M	—	43.6M	—	43.7M	—	43.7M	—	—
Total current liabilities	42.9M	458.8M	27.2M	71.5M	699K	83.9M	1.2M	135.7M	403K	78.9M	—	546K
Long-term debt	431.2M	—	408M	298.9M	331.6M	277.1M	—	255.2M	—	233.4M	—	—
Total liabilities	476.2M	460.7M	438.1M	374.2M	364.7M	362.4M	343.8M	393.4M	324.1M	313M	305.1M	292.2M
Shareholders' equity	440.7M	448.2M	456.7M	464.2M	476M	484.8M	493.2M	445.9M	461.6M	473.2M	487.1M	499.6M
Total debt	431.2M	419.6M	408M	342.5M	331.6M	320.7M	—	298.9M	—	277.1M	—	—
Net debt	366.3M	345.8M	331.8M	306.9M	279.6M	252.6M	—	221M	—	236M	—	—

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	66.9M	17.3M	3.6M	3.6M	34.1M	53.3M	54M	35.9M	51.6M	61.6M
Depreciation & amortization	30.4M	30.3M	30.3M	30.7M	31.8M	31.7M	31.8M	31.9M	32.2M	32.1M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	-2.8M	-1.3M	-44K	1.4M	-3.7M	2.5M	-6.9M	2.5M	-3.2M	-5.2M
Operating cash flow	103.6M	59.4M	42.5M	46.2M	65.3M	90.4M	93.3M	81.5M	87.1M	90.3M
Capital expenditure	-37.5M	0	-409K	0	0	0	-3.6M	-4.2M	-27K	—
Investing cash flow	-37.5M	0	-409K	0	0	0	-3.6M	-4.2M	-27K	—
Dividends paid	-66.9M	-66.9M	-48.4M	-16.4M	-11.6M	-11.6M	-11.6M	-11.6M	-14.8M	-16.9M
Share repurchases	-119K	—	—	—	—	—	—	—	-247K	-56.3M
Financing cash flow	-33M	-74.5M	-132K	-86.9M	-59.8M	-57.6M	-70.8M	-66.3M	-97.7M	-117.4M
Net change in cash	33.2M	-15.1M	41.9M	-40.7M	5.5M	32.9M	18.8M	11M	-10.7M	-27.1M
Free cash flow	66.1M	59.3M	42.6M	43.2M	68.6M	79.6M	53.7M	60.2M	92.1M	90.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	1.4M	10.5M	11.8M	10.7M	15.1M	14.1M	13.6M	13.7M	18.7M	15.7M	17.4M	16M
Depreciation & amortization	8M	8.1M	8M	8M	8.1M	8.1M	7.9M	8M	8.1M	8.1M	7.9M	8M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-2.1M	5.3M	-11.1M	-380K	-349K	8.6M	-3.5M	1.5M	-434K	-2.8M	1.2M	-2.1M
Operating cash flow	22.3M	26M	10.8M	20.4M	24M	31.8M	18.9M	24.3M	26.5M	21.4M	26.5M	21M
Capital expenditure	-1.3M	-2.8M	-27K	0	0	0	0	—	—	—	—	—
Investing cash flow	-1.3M	-2.8M	-27K	0	0	0	0	—	—	—	—	—
Dividends paid	-2.9M	-2.9M	-3.3M	-3.2M	-3.3M	-5M	-5M	-4.8M	-3.6M	-3.5M	-3.5M	-3.5M
Share repurchases	—	—	—	—	—	—	-231K	-554K	-55M	-533K	0	0
Financing cash flow	-8.4M	-8.5M	-9.1M	-63.1M	-9.1M	-16.1M	-16.3M	-16.4M	-69.6M	-15.1M	-14.6M	-14.6M
Net change in cash	12.5M	14.7M	1.6M	-42.7M	14.9M	15.8M	2.6M	7.9M	-43.1M	6.3M	12M	6.5M
Free cash flow	20.4M	17.4M	11.5M	22.5M	25.6M	32.5M	18.1M	24.3M	26.5M	21.4M	26.5M	21M

Dynagas LNG Partners LP Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement