Bw Lpg (BWLP) EBITDA (2023 - 2025)
Bw Lpg (BWLP) posted quarterly EBITDA of -$252.5 million for Q4 2025, down 651.6% year-on-year from $45.8 million in Q4 2024, and down 1672.54% on a QoQ basis from $16.1 million in Q3 2025.
Bw Lpg (BWLP) EBITDA (2023 - 2025) Analysis & Trends
Bw Lpg (BWLP) has reported EBITDA for 3 consecutive years, with -$252.5 million the latest figure, recorded in Q4 2025.
- Quarterly EBITDA fell 651.6% year-over-year to -$252.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$224.4 million (down 151.12% YoY) and the FY2025 annual result came in at $348.0 million, down 19.75% from the prior year.
- EBITDA slipped to -$252.5 million in Q4 2025 per BWLP's latest filing, from $16.1 million in the prior quarter.
- Over the last five years, EBITDA for BWLP reached as high as $241.6 million in Q3 2024 and fell as low as -$252.5 million in Q4 2025.
- A 3-year average of $39.6 million and a median of $42.5 million in 2024 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2024 — EBITDA soared 54.24% — and 2025, when it sank 651.6%.
- Year by year, EBITDA stood at $110.8 million in 2023, then slumped by 58.67% to $45.8 million in 2024, then plunged by 651.6% to -$252.5 million in 2025.
- According to Business Quant data, EBITDA over the past three periods registered -$252.5 million, $16.1 million, and -$3.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 133.31 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 64.35 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.35 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.90 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 1.43 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 2.98 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 846.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.43 Bn |
| 10 | Bw Lpg | 3.29 Bn | 3.14 Bn | -345.66 Mn | -252.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -252.54 Mn |
| Sep 30, 2025 | 16.06 Mn |
| Jun 30, 2025 | -3.75 Mn |
| Mar 31, 2025 | 15.83 Mn |
| Dec 31, 2024 | 45.78 Mn |
| Sep 30, 2024 | 241.59 Mn |
| Jun 30, 2024 | 42.54 Mn |
| Mar 31, 2024 | 109.06 Mn |
| Dec 31, 2023 | 110.77 Mn |
| Jun 30, 2023 | 27.58 Mn |
| Mar 31, 2023 | 83.19 Mn |