BW LPG Limited (BWLP)
NYSE: BWLP · Real-Time Price · USD
21.83
+0.12 (0.55%)
Jul 24, 2026, 4:00 PM EDT - Market closed

BW LPG Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
3,5593,5823,5642,9471,5581,241
Revenue Growth
5.07%0.52%20.91%89.16%25.52%52.93%
Gross Profit
945.42772.98789.02890.94567.55461.95
Operating Income
269.1348.05433.69523.73270.83223.56
Net Income
360.51242.31354.3469.96227.4184.82
Earnings Per Share
2.381.602.643.531.681.33
EPS Growth
25.93%-39.39%-25.21%110.12%26.32%-24.43%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Shipping
-1,0811,0411,419920.66687.53
Product Services
-2,5912,6501,835727.78611.17
Inter-segment Elimination
--89.9-128.19-306.74-90.31-57.35
Total
764.63,5823,5642,9471,5581,241

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
285.97253.72279.68287.55284.52132.67
Total Debt
897.83803.23772.25570.19705.86874.83
Net Cash (Debt)
-611.87-549.51-492.57-282.64-421.34-742.16
Net Cash Growth
------
Net Cash Per Share
-4.03-3.62-3.67-2.12-3.11-5.34

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
569.34567.4749.14513.36505.3307.3
Capital Expenditures
-117.44-182.3-602.01-116.05-30.16-171.37
Free Cash Flow
451.9385.11147.13397.32475.14135.93
Free Cash Flow Growth
-161.74%-62.97%-16.38%249.54%-59.12%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
26.56%21.58%22.14%30.23%36.43%37.21%
Operating Margin
7.56%9.72%12.17%17.77%17.38%18.01%
Pretax Margin
12.61%8.48%11.92%17.10%15.38%15.06%
Profit Margin
11.53%8.09%11.08%16.73%15.31%15.02%
FCF Margin
12.70%10.75%4.13%13.48%30.49%10.95%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.8601.4702.4203.4601.2800.560
Dividend Per Share Growth
9.41%-39.26%-30.06%170.31%128.57%-33.33%
Dividend Yield
8.52%10.08%25.59%20.45%12.15%13.02%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
9.268.194.304.264.614.14
P/FCF Ratio
7.435.1511.704.972.175.54
PS Ratio
0.940.550.480.670.660.61