What is Dynagas Lng Partners Lp's earnings per share (EPS)?

Dynagas Lng Partners Lp (DLNG) reported diluted earnings per share of $1.38 for fiscal year 2025. This represents a 31.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Dynagas Lng Partners Lp Financials

DLNG

FY2025 annual

Revenue Not reported for FY2025

Net Income $61.6M +19.5% YoY

EPS (Diluted) $1.38 +31.4% YoY

Free Cash Flow Not reported for FY2025

Source SEC Filings (10-K/10-Q) Data as of Dec 31, 2025 Currency USD FYE December

This page shows Dynagas Lng Partners Lp (DLNG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI DLNG FY2025 2026-08-15

A highly cash-generative asset base is being used mainly for deleveraging, not for building liquidity.

From FY2022 to FY2025, operating cash flow rose from $57.3M to $90.3M while long-term debt fell from $450.8M to $233.4M and interest expense dropped from $27.9M to $19.9M. That combination suggests the partnership’s cash engine is functioning more as a balance-sheet repair tool: financing outflows are pulling cash out faster than it can accumulate on hand, which helps explain why cash ended FY2025 at only $41.0M.

The balance sheet is sturdier in a long-term sense than a few years ago: debt to equity improved from 1.1x in FY2022 to 0.5x in FY2025, and total liabilities fell by about $210.8M. But the current ratio was only 0.6x in FY2025, so short-term obligations still depend on continued operating inflow rather than a large liquidity cushion.

This looks like a low-reinvestment phase rather than an expansion cycle: FY2024 capital spending was just $27K against $92.2M of operating cash flow, and FY2022 capex was only $3.6M. In practical terms, the asset base is producing cash without demanding much new investment, which helps explain how leverage can fall even as total assets declined from $947.7M to $786.2M.

Financial Health Signals

Financial health score pending refresh

We are recalculating Dynagas Lng Partners Lp's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial

5/6

Dynagas Lng Partners Lp passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass.

Earnings Quality Cash-Backed

1.46x

For every $1 of reported earnings, Dynagas Lng Partners Lp generates $1.46 in operating cash flow ($90.3M OCF vs $61.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

3.78x

Dynagas Lng Partners Lp earns $3.78 in operating income for every $1 of interest expense ($75.3M vs $19.9M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

EBITDA

$107.4M

YoY-2.0%

5Y CAGR+2.3%

10Y CAGR-0.5%

Dynagas Lng Partners Lp's EBITDA was $107.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 2.0% from the prior year.

Net Income

$61.6M

YoY+19.5%

5Y CAGR+12.6%

10Y CAGR+0.3%

Dynagas Lng Partners Lp reported $61.6M in net income in fiscal year 2025. This represents an increase of 19.5% from the prior year.

EPS (Diluted)

$1.38

YoY+31.4%

Dynagas Lng Partners Lp earned $1.38 per diluted share (EPS) in fiscal year 2025. This represents an increase of 31.4% from the prior year.

Revenue

Not reported for fiscal year 2025.

Cash & Balance Sheet

Cash & Debt

$41.0M

YoY-39.8%

5Y CAGR+10.4%

10Y CAGR+5.4%

Dynagas Lng Partners Lp held $41.0M in cash against $233.4M in long-term debt as of fiscal year 2025.

Free Cash Flow

Not reported for fiscal year 2025.

Dividends Per Share

Not reported for fiscal year 2025.

Shares Outstanding

Not reported for fiscal year 2025.

Margins & Returns

Return on Equity

13.0%

YoY+2.4pp

5Y CAGR+2.9pp

Dynagas Lng Partners Lp's ROE was 13.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.4 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2025.

Operating Margin

Not reported for fiscal year 2025.

Net Margin

Not reported for fiscal year 2025.

Capital Allocation

Share Buybacks

$1.3M

YoY+432.4%

Dynagas Lng Partners Lp spent $1.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 432.4% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

Capital Expenditures

Not reported for fiscal year 2025.

DLNG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

DLNG annual income statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Revenue	N/A	$0-100.0%	$11.6M-91.2%	$131.7M-4.4%	$137.7M+0.4%	$137.2M+4.8%	$130.9M+3.0%	$127.1M-8.5%	$139.0M-18.2%	$169.9M+17.0%	$145.2M+35.6%	$107.1M+25.0%	$85.7M+10.6%	$77.5M+47.5%	$52.5M
SG&A Expenses	$1.1M-22.1%	$1.4M+8.2%	$1.3M-36.6%	$2.1M-10.6%	$2.3M+30.8%	$1.8M-9.6%	$2.0M+36.7%	$1.5M+51.1%	$961K-17.9%	$1.2M+7.7%	$1.1M+7.1%	$1.0M+162.0%	$387K+39.2%	$278K+414.8%	$54K
Operating Income	$75.3M-2.7%	$77.4M+19.6%	$64.7M+42.7%	$45.3M-29.8%	$64.6M+0.5%	$64.3M+7.3%	$59.9M+13.1%	$53.0M-17.1%	$63.9M-37.4%	$102.1M+15.9%	$88.1M+36.2%	$64.7M+16.8%	$55.4M+39.6%	$39.7M+67.5%	$23.7M
Interest Expense	$19.9M-33.7%	$30.0M-23.4%	$39.2M+40.5%	$27.9M+30.3%	$21.4M-20.8%	$27.1M-42.0%	$46.6M-0.5%	$46.9M+17.9%	$39.8M+20.9%	$32.9M+26.8%	$25.9M+94.4%	$13.3M+61.7%	$8.2M-3.5%	$8.6M+115.0%	$4.0M
Net Income	$61.6M+19.5%	$51.6M+43.8%	$35.9M-33.6%	$54.0M+1.4%	$53.3M+56.4%	$34.1M+842.5%	$3.6M0.0%	$3.6M-79.2%	$17.3M-74.1%	$66.9M+11.3%	$60.0M+18.8%	$50.6M+10.8%	$45.6M+52.9%	$29.8M+58.5%	$18.8M
EPS (Diluted)	$1.38+31.4%	$1.05+59.1%	$0.66-42.6%	$1.15+0.9%	$1.14	N/A	N/A	$0.00	$0.00	$0.00	N/A	N/A	N/A	N/A	N/A

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Income Tax.

DLNG Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

DLNG annual balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Total Assets	$786.2M-7.2%	$847.2M-6.8%	$908.9M-4.1%	$947.7M-1.8%	$965.5M0.0%	$965.8M-2.4%	$989.2M-7.0%	$1.1B+0.9%	$1.1B-4.7%	$1.1B-0.1%	$1.1B+25.9%	$879.9M+80.0%	$488.7M+2.6%	$476.3M	N/A
Current Assets	$49.4M-36.8%	$78.2M-25.7%	$105.3M+41.8%	$74.2M+45.1%	$51.2M+88.7%	$27.1M+49.2%	$18.2M-83.9%	$113.0M+60.4%	$70.4M+17.0%	$60.2M+133.2%	$25.8M+85.3%	$13.9M+83.2%	$7.6M-15.3%	$9.0M	N/A
Cash & Equivalents	$41.0M-39.8%	$68.2M-7.6%	$73.8M+51.8%	$48.6M+3.4%	$47.0M+88.2%	$25.0M+54.1%	$16.2M-85.3%	$109.9M+62.9%	$67.5M+17.1%	$57.6M+137.1%	$24.3M+103.3%	$11.9M+110.5%	$5.7M	$0	$0
Inventory	$1.2M+34.6%	$894K+19.0%	$751K-15.1%	$885K-2.6%	$909K+12.5%	$808K+12.5%	$718K-41.1%	$1.2M+52.7%	$799K-4.2%	$834K+139.7%	$348K-2.5%	$357K	$0	N/A	N/A
Accounts Receivable	$478K-60.2%	$1.2M+69.4%	$709K+958.2%	$67K-25.6%	$90K-76.6%	$384K+168.5%	$143K+197.9%	$48K-69.0%	$155K+55.0%	$100K-2.9%	$103K	$0-100.0%	$190K-48.8%	$371K	N/A
Total Liabilities	$313.0M-13.6%	$362.4M-21.3%	$460.7M-12.0%	$523.8M-10.3%	$584.0M-7.2%	$629.3M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Liabilities	$78.9M-5.9%	$83.9M-81.7%	$458.8M+552.9%	$70.3M+8.2%	$64.9M+3.3%	$62.8M-2.8%	$64.6M-76.3%	$272.7M+1091.1%	$22.9M-56.8%	$53.1M+3.3%	$51.4M+56.4%	$32.8M+120.3%	$14.9M-96.3%	$398.4M	N/A
Long-Term Debt	$233.4M-15.8%	$277.1M-34.0%	$419.6M-6.9%	$450.8M-12.6%	$516.0M-8.2%	$562.0M-7.5%	$607.7M+31.8%	$461.1M-35.2%	$711.7M+3.9%	$684.7M+4.9%	$652.8M+19.1%	$547.9M+155.9%	$214.1M	$0	N/A
Total Equity	$473.2M-2.4%	$484.8M+8.2%	$448.2M+5.7%	$423.9M+11.1%	$381.5M+13.4%	$336.5M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Total Assets	$786.2M-6.3%	$839.3M-0.9%	$847.2M+1.0%	$838.4M-7.8%	$908.9M-1.2%	$919.9M-2.9%	$947.7M-3.2%	$978.9M
Current Assets	$49.4M-41.7%	$84.7M+8.4%	$78.2M+55.2%	$50.4M-52.2%	$105.3M+4.9%	$100.3M+35.2%	$74.2M-18.1%	$90.6M
Cash & Equivalents	$41.0M-47.3%	$77.9M+14.2%	$68.2M+91.6%	$35.6M-51.8%	$73.8M+39.4%	$52.9M+8.8%	$48.6M-3.3%	$50.2M
Inventory	$1.2M+28.4%	$937K+4.8%	$894K+16.3%	$769K+2.4%	$751K-60.3%	$1.9M+114.0%	$885K-66.7%	$2.7M
Accounts Receivable	$478K-9.1%	$526K-56.2%	$1.2M+144.6%	$491K-30.7%	$709K-91.7%	$8.6M+12697.0%	$67K-89.7%	$653K
Total Liabilities	$313.0M-20.4%	$393.4M+8.6%	$362.4M-3.2%	$374.2M-18.8%	$460.7M-3.6%	$477.7M-8.8%	$523.8M-7.8%	$568.2M
Current Liabilities	$78.9M-41.8%	$135.7M+61.7%	$83.9M+17.4%	$71.5M-84.4%	$458.8M+479.9%	$79.1M+12.6%	$70.3M-20.8%	$88.7M
Long-Term Debt	$233.4M	N/A	$277.1M-7.3%	$298.9M-28.8%	$419.6M+5.9%	$396.3M-12.1%	$450.8M-5.4%	$476.6M
Total Equity	$473.2M+6.1%	$445.9M-8.0%	$484.8M+4.4%	$464.2M+3.6%	$448.2M+1.4%	$442.2M+4.3%	$423.9M+3.2%	$410.7M

Not reported in any period shown, so not listed: Goodwill, Retained Earnings.

DLNG Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

DLNG annual cash flow statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Cash Flow	$90.3M-2.1%	$92.2M+43.1%	$64.4M+12.3%	$57.3M-28.0%	$79.6M+16.0%	$68.6M+58.9%	$43.2M+0.4%	$43.0M-27.5%	$59.3M-42.7%	$103.6M+6.9%	$96.9M+26.8%	$76.4M+72.9%	$44.2M+58.4%	$27.9M-3.7%	$29.0M
Capital Expenditures	N/A	$27K-99.4%	$4.2M+16.6%	$3.6M	$0	$0	$0-100.0%	$409K	$0-100.0%	$37.5M-81.7%	$205.0M-49.3%	$404.5M	$0	$0	N/A
Free Cash Flow	N/A	$92.1M+53.2%	$60.2M+12.0%	$53.7M-32.5%	$79.6M+16.0%	$68.6M+58.9%	$43.2M+1.4%	$42.6M-28.2%	$59.3M-10.3%	$66.1M+161.2%	-$108.1M+67.1%	-$328.1M-842.2%	$44.2M+58.4%	$27.9M	N/A
Investing Cash Flow	N/A	-$27K+99.4%	-$4.2M-16.6%	-$3.6M	$0	$0	$0+100.0%	-$409K	$0+100.0%	-$37.5M+81.7%	-$205.0M+49.3%	-$404.5M	$0	$0	$0
Financing Cash Flow	-$117.4M-20.1%	-$97.7M-47.5%	-$66.3M+6.4%	-$70.8M-23.1%	-$57.6M+3.8%	-$59.8M+31.1%	-$86.9M-65724.2%	-$132K+99.8%	-$74.5M-126.7%	-$32.8M-127.3%	$120.4M-64.0%	$334.4M+967.9%	-$38.5M-38.1%	-$27.9M+3.7%	-$29.0M
Dividends Paid	N/A	N/A	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$1.3M+432.4%	$247K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

DLNG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

DLNG annual financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Margin	N/A	N/A	557.8%	34.4%-12.5pp	46.9%+0.1pp	46.9%+1.1pp	45.8%+4.1pp	41.7%-4.3pp	46.0%-14.1pp	60.1%-0.6pp	60.7%+0.3pp	60.4%-4.3pp	64.6%+13.5pp	51.2%+6.1pp	45.1%
Net Margin	N/A	N/A	309.2%	41.0%+2.4pp	38.7%+13.8pp	24.8%+22.1pp	2.8%-0.1pp	2.8%-9.6pp	12.5%-26.9pp	39.4%-2.0pp	41.4%-5.8pp	47.2%-6.0pp	53.3%+14.7pp	38.5%+2.7pp	35.8%
Return on Equity	13.0%+2.4pp	10.6%+2.6pp	8.0%-4.7pp	12.7%-1.2pp	14.0%+3.8pp	10.1%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	7.8%+1.7pp	6.1%+2.1pp	4.0%-1.8pp	5.7%+0.2pp	5.5%+2.0pp	3.5%+3.2pp	0.4%0.0pp	0.3%-1.3pp	1.6%-4.4pp	6.0%+0.6pp	5.4%-0.3pp	5.8%-3.6pp	9.3%+3.1pp	6.3%	N/A
Current Ratio	0.63-0.3x	0.93+0.7x	0.23-0.8x	1.06+0.3x	0.79+0.4x	0.43+0.2x	0.28-0.1x	0.41-2.7x	3.07+1.9x	1.13+0.6x	0.50+0.1x	0.42-0.1x	0.51+0.5x	0.02	N/A
Debt-to-Equity	0.49-0.1x	0.57-0.4x	0.94-0.1x	1.06-0.3x	1.35-0.3x	1.67	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	N/A	N/A	518.5%	40.8%-17.0pp	57.8%+7.8pp	50.0%+17.0pp	33.0%-0.5pp	33.5%-9.2pp	42.7%+3.7pp	38.9%+113.4pp	-74.5%	-306.4%	51.6%+15.6pp	36.0%	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Current Ratio	0.630.0x	0.62-0.3x	0.93+0.2x	0.70+0.5x	0.23-1.0x	1.27+0.2x	1.060.0x	1.02
Debt-to-Equity	0.49-0.4x	0.88+0.3x	0.57-0.1x	0.64-0.3x	0.940.0x	0.90-0.2x	1.06-0.1x	1.16

Not reported in any period shown, so not listed: Gross Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.

Note: The current ratio is below 1.0 (0.63), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Where Dynagas Lng Partners Lp Ranks

Frequently Asked Questions

Is Dynagas Lng Partners Lp profitable?

Yes, Dynagas Lng Partners Lp (DLNG) reported a net income of $61.6M in fiscal year 2025.

What is Dynagas Lng Partners Lp's EBITDA?

Dynagas Lng Partners Lp (DLNG) had EBITDA of $107.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Dynagas Lng Partners Lp have?

As of fiscal year 2025, Dynagas Lng Partners Lp (DLNG) had $41.0M in cash and equivalents against $233.4M in long-term debt.

What is Dynagas Lng Partners Lp's return on equity (ROE)?

Dynagas Lng Partners Lp (DLNG) has a return on equity of 13.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Dynagas Lng Partners Lp's operating cash flow?

Dynagas Lng Partners Lp (DLNG) generated $90.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Dynagas Lng Partners Lp's total assets?

Dynagas Lng Partners Lp (DLNG) had $786.2M in total assets as of fiscal year 2025, including both current and long-term assets.

Does Dynagas Lng Partners Lp buy back shares?

Yes, Dynagas Lng Partners Lp (DLNG) spent $1.3M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Dynagas Lng Partners Lp's current ratio?

Dynagas Lng Partners Lp (DLNG) had a current ratio of 0.63 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Dynagas Lng Partners Lp's debt-to-equity ratio?

Dynagas Lng Partners Lp (DLNG) had a debt-to-equity ratio of 0.49 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Dynagas Lng Partners Lp's return on assets (ROA)?

Dynagas Lng Partners Lp (DLNG) had a return on assets of 7.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Dynagas Lng Partners Lp's Piotroski F-Score?

Dynagas Lng Partners Lp (DLNG) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Dynagas Lng Partners Lp's earnings high quality?

Dynagas Lng Partners Lp (DLNG) has an earnings quality ratio of 1.46x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Dynagas Lng Partners Lp cover its interest payments?

Dynagas Lng Partners Lp (DLNG) has an interest coverage ratio of 3.78x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.