Bw Lpg (BWLP) EBITDA (2023 - 2025)
Bw Lpg (BWLP) posted quarterly EBITDA of -$252.5 million for Q4 2025, down 651.6% year-over-year from $45.8 million in Q4 2024, and down 150.44% quarter-over-quarter from $500.7 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.
- In Q4 2025, EBITDA fell 651.6% year-over-year to -$252.5 million; the TTM figure through Dec 2025 stood at $399.4 million (down 61.91% YoY), while the FY2025 annual figure was $348.0 million, down 19.75% from the prior year.
- EBITDA declined to -$252.5 million in Q4 2025 per BWLP's latest filing, from $500.7 million in the prior quarter.
- Across five years, EBITDA topped out at $610.1 million in Q3 2024 and bottomed at -$252.5 million in Q4 2025.
- Historically, EBITDA has averaged $194.6 million across 3 years, with a median of $173.1 million in 2024.
- Annual changes were most pronounced in 2024 — EBITDA grew 24.71% — and 2025, when it sank 651.6%.
- Bw Lpg's EBITDA stood at $346.3 million in 2023, then sank by 86.78% to $45.8 million in 2024, then tumbled by 651.6% to -$252.5 million in 2025.
- Business Quant data shows BWLP's EBITDA at -$252.5 million in Q4 2025, $500.7 million in Q3 2025, and -$3.7 million in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.35 Bn |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 2.10 Bn |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | 2.25 Bn |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 3.57 Bn |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | 1.45 Mn |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 1.59 Bn |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 1.38 Bn |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 1.23 Bn |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 4.29 Bn |
| 10 | Bw Lpg | 3.50 Bn | 3.23 Bn | -345.66 Mn | -252.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -252.54 Mn |
| Sep 30, 2025 | 500.68 Mn |
| Jun 30, 2025 | -3.75 Mn |
| Mar 31, 2025 | 155.03 Mn |
| Dec 31, 2024 | 45.78 Mn |
| Sep 30, 2024 | 610.06 Mn |
| Jun 30, 2024 | 173.11 Mn |
| Mar 31, 2024 | 219.78 Mn |
| Dec 31, 2023 | 346.35 Mn |
| Jun 30, 2023 | 138.81 Mn |
| Mar 31, 2023 | 207.54 Mn |