BWLP vs ET vs SPH Stock Comparison

Bw Lpg, Energy Transfer and Suburban Propane Partners Prices as of Oct 27, 2026 Peers: Industry group
BWLP BW LPG Ltd
$25.51 +5.4% 1M +101.5% 1Y
Market cap
$3.91B
P/E
13.7x
Revenue (TTM)
$2.61B
Div. yield
–
Fuel Distribution Energy
6 wins
ET Energy Transfer LP
$20.45 +1.2% 1M +20.9% 1Y
Market cap
$70.81B
P/E
14.0x
Revenue (TTM)
$107.38B
Div. yield
0.07%
Oil and Gas Pipelines Energy
4 wins

Head to Head

12 decided of 12

Bw Lpg leads on 6 of the 12 questions below (Bw Lpg 6, Energy Transfer 4, Suburban Propane Partners 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBWLPETSPHLeader
Larger companyMarket capitalisation $3.91B $70.81B $1.19B ET
Cheaper on earningsLower P/E, profitable companies only 13.7x 14.0x 9.1x SPH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.6x 11.4x 9.3x BWLP
Faster revenue growthRevenue growth, trailing twelve months -2.5% +33.3% -2.5% ET
More profitableNet margin, trailing twelve months 10.9% 4.7% 9.4% BWLP
Better return on capitalReturn on invested capital 13.0% 8.4% 10.6% BWLP
Less leveragedLower net debt / EBITDA 0.8x 4.0x 4.4x BWLP
Higher dividend yieldTrailing dividend yield 0.00% 0.07% 0.07% SPH
Better 1-year returnPrice return, last 12 months +101.5% +20.9% -4.7% BWLP
Better 5-year returnAnnualised price return, 5 years +37.6%/yr +16.1%/yr +2.3%/yr BWLP
Less volatileAnnualised volatility, 1 year 39.4% 17.4% 21.6% ET
Higher overall scoreMean of the five percentile scores vs peers 62/100 62/100 35/100 ET

Percentile Scorecard

BWLPETSPH

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBWLPETSPH
Valuation 41 #14 of 23 94 #3 of 35 27 #17 of 23
Growth 0 #19 of 19 61 #14 of 34 28 #14 of 19
Profitability 82 #4 of 18 30 #24 of 34 59 #8 of 18
Financial Health 87 #4 of 24 59 #15 of 35 26 #18 of 24
Shareholder Returns 100 #1 of 18 67 #11 of 31 35 #12 of 18
Overall 62 62 35
  • BWLP ranked among 25 companies in Refining and Marketing
  • ET ranked among 35 companies in Oil and Gas Midstream
  • SPH ranked among 25 companies in Refining and Marketing

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBWLPETSPHSPY
1 month +5.4%+1.2%+8.6% -0.2%
3 months +19.0%+1.2%-3.8% +3.9%
6 months +29.4%+5.4%-8.3% +8.2%
Year to date +94.7%+24.0%-2.9% +12.9%
1 year +101.5%+20.9%-4.7% +12.3%
3 years +93.3%+56.0%+5.9% +87.4%
3 years, per year +24.6%+16.0%+1.9% +23.3%
5 years +392.5%+111.3%+12.2% +67.9%
5 years, per year +37.6%+16.1%+2.3% +10.9%
10 years +709.8%+33.2%-47.3% +261.1%
10 years, per year +23.3%+2.9%-6.2% +13.7%

Risk

MeasureBWLPETSPHSPY
Volatility, 1Y 39.4%17.4%21.6% 12.7%
Downside volatility, 1Y 41.0%16.6%23.2% 12.7%
Beta vs S&P 500, 1Y 0.37-0.21-0.06 1.00
Return / volatility, 1Y 2.571.20-0.22 0.97
Max drawdown, 5Y -61.2%-25.8%-26.1% -25.4%
From 52-week high -3.0%-5.9%-12.9% -1.2%
52-week high $26.31$21.74$20.68 $779.14
52-week low $11.99$16.21$16.40 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBWLPETSPH
P/E now vs peer median 13.6xmedian 9.2x 13.9xmedian 20.9x 9.2xmedian 9.2x
P/S now vs peer median 1.5xmedian 0.3x 0.7xmedian 2.7x 0.9xmedian 0.3x
EV/EBITDA now vs peer median 7.0xmedian 7.0x 8.2xmedian 11.0x 8.7xmedian 7.0x
P/FCF now vs peer median 5.4xmedian 8.9x 13.5xmedian 16.5x 11.9xmedian 8.9x
P/B now vs peer median 1.9xmedian 1.8x 1.4xmedian 2.6x 1.7xmedian 1.8x
PEG now vs peer median —median 0.34 2.00median 1.95 0.80median 0.34

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBWLPETSPH
Revenue $2.61B $107.38B $1.39B
Gross profit – $25.32B $880.33M
Operating income $360.05M $10.78B $211.03M
Net income $504.96M $7.04B $130.66M
Free cash flow $721.10M $5.22B $101.29M
EPS (diluted) $1.87 $1.46 $1.96
Cash & equivalents $303.86M $1.02B $5.03M
Total debt $3.13B $68.41B $1.22B
Shares (diluted) 151.90M 3.46B 66.68M
Enterprise value $2.89B $63.99B $1.18B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBWLPETSPH
P/E 13.6x 13.9x 9.2x
P/FCF 5.4x 13.5x 11.9x
P/Operating cash flow 10.4x 5.8x 6.6x
P/S 1.5x 0.7x 0.9x
P/B 1.9x 1.4x 1.7x
P/Tangible book 1.9x 1.6x 1.9x
EV/EBITDA 7.0x 8.2x 8.7x
EV/EBIT 12.1x 12.8x 11.5x
EV/Revenue 1.7x 1.3x 1.7x
EV/FCF 6.1x 26.4x 23.9x
EV/Operating cash flow 11.8x 11.4x 13.3x
PEG (3Y EPS CAGR) – 2.00 0.80

Growth

14 metrics
MetricBWLPETSPH
Revenue growth (1Y) -2.5% 33.3% -2.5%
Revenue CAGR (3Y) – 10.0% -1.1%
Gross profit growth (1Y) – 18.9% 2.8%
Gross profit CAGR (3Y) – 13.2% 4.1%
Operating income growth (1Y) 11.0% 16.5% 5.2%
Operating income CAGR (3Y) – 12.0% 8.5%
Net income growth (1Y) 86.9% 16.1% 34.5%
Net income CAGR (3Y) – 9.0% 13.0%
EPS growth (1Y) -68.3% 12.6% 31.9%
EPS CAGR (3Y) – 7.0% 11.5%
Operating cash flow growth (1Y) -32.7% 8.8% 0.1%
Operating cash flow CAGR (3Y) – 5.9% -5.8%
Free cash flow growth (1Y) -37.3% -8.5% -2.9%
Free cash flow CAGR (3Y) – -7.3% -16.2%

Profitability

14 metrics
MetricBWLPETSPH
Gross margin – 23.6% 63.1%
EBITDA margin 24.0% 15.7% 20.0%
Operating margin 13.8% 10.0% 15.1%
Pretax margin 13.1% 7.1% 9.4%
Net margin 10.9% 4.7% 9.4%
FCF margin 27.6% 4.9% 7.3%
Operating cash flow margin 14.2% 11.3% 13.0%
Return on equity 24.8% 14.0% 17.9%
Return on assets 15.0% 4.8% 5.5%
Return on invested capital 13.0% 8.4% 10.6%
Return on capital employed 13.4% 8.4% 9.8%
Asset turnover 0.8x 0.7x 0.6x
Cash conversion (OCF / net income) 0.7x 1.7x 1.4x
Stock comp / revenue 0.0% 0.2% 0.5%

Financial Health

11 metrics
MetricBWLPETSPH
Debt / assets 24.0% 46.2% 51.9%
Debt / equity 0.4x 1.4x 1.7x
Net debt / EBITDA 0.8x 4.0x 4.4x
Debt / FCF 1.1x 13.1x 12.1x
Liabilities / assets 39.4% 65.9% 69.7%
Equity / assets 60.6% 34.1% 30.3%
Interest coverage 3.8x 2.9x 2.8x
Current ratio 1.4x 1.2x 0.8x
Quick ratio 1.1x 0.9x 0.4x
Cash ratio 0.5x 0.1x 0.0x
Altman Z-score 3.25 – –

Shareholder Returns

7 metrics
MetricBWLPETSPH
Dividend yield 82.0% 6.6% 7.3%
Net buyback yield – – -1.4%
Shareholder yield 82.0% 6.6% 5.9%
Payout ratio (earnings) – 67.9% 65.7%
Payout ratio (FCF) – 91.6% 84.7%
Dividend growth (1Y) – 2.9% 2.5%
Dividend CAGR (3Y) – 8.0% 1.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBWLPETSPH
Forward P/E 5.6xFY2026 11.4xFY2026 9.3xFY2026
EPS, next fiscal year $4.57FY2026 $1.80FY2026 $1.94FY2026
EPS growth, next FY +290.6%FY2026 +48.8%FY2026 -4.9%FY2026
EPS growth, the year after -59.3% -9.4% +2.1%
Revenue, next fiscal year $1.20BFY2026 $124.23BFY2026 $1.34BFY2026
Revenue growth, next FY +69.7%FY2026 +45.2%FY2026 -6.6%FY2026
Revenue growth, the year after -31.6% +1.4% +3.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBWLPETSPH
Held by institutions – 31.4% 43.1%
Institutions holding – 1,280 145
Change in shares held, QoQ – +1.9% +3.8%
Institutions buying – 628 60
Institutions selling – 340 33
Buyers to sellers – 1.85 1.82

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BWLPETSPH
BWLP 1.00 0.17 0.14
ET 0.17 1.00 0.30
SPH 0.14 0.30 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BWLP, ET and SPH?

Energy Transfer (ET) is the largest by market capitalisation: Bw Lpg (BWLP) $3.91B, Energy Transfer (ET) $70.81B, Suburban Propane Partners (SPH) $1.19B.

Which stock is cheaper, BWLP, ET and SPH?

Suburban Propane Partners (SPH) trades on the lowest price-to-earnings ratio (Bw Lpg (BWLP) 13.7x, Energy Transfer (ET) 14.0x, Suburban Propane Partners (SPH) 9.1x). On next year's consensus earnings, Bw Lpg (BWLP) is cheapest (Bw Lpg (BWLP) 5.6x, Energy Transfer (ET) 11.4x, Suburban Propane Partners (SPH) 9.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Energy Transfer (ET) grew revenue fastest over the trailing twelve months: Bw Lpg (BWLP) -2.5%, Energy Transfer (ET) +33.3%, Suburban Propane Partners (SPH) -2.5%.

Which company is more profitable?

Bw Lpg (BWLP) has the highest net margin (Bw Lpg (BWLP) 10.9%, Energy Transfer (ET) 4.7%, Suburban Propane Partners (SPH) 9.4%). On return on invested capital, Bw Lpg (BWLP) leads (Bw Lpg (BWLP) 13.0%, Energy Transfer (ET) 8.4%, Suburban Propane Partners (SPH) 10.6%).

Which stock has performed better?

Over the past year Bw Lpg (BWLP) returned the most: Bw Lpg (BWLP) +101.5%, Energy Transfer (ET) +20.9%, Suburban Propane Partners (SPH) -4.7%. Over five years, Bw Lpg (BWLP) compounded fastest (Bw Lpg (BWLP) +37.6%/yr, Energy Transfer (ET) +16.1%/yr, Suburban Propane Partners (SPH) +2.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Suburban Propane Partners (SPH) has the highest dividend yield: Bw Lpg (BWLP) 0.00%, Energy Transfer (ET) 0.07%, Suburban Propane Partners (SPH) 0.07%. Bw Lpg (BWLP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Energy Transfer (ET) has been the steadiest (Bw Lpg (BWLP) 39.4%, Energy Transfer (ET) 17.4%, Suburban Propane Partners (SPH) 21.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BWLP, ET and SPH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bw Lpg (BWLP) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.