Bw Lpg (BWLP) Gross Margin (2023 - 2025)
Bw Lpg (BWLP) posted quarterly Gross Margin of 157.58% for Q4 2025, up 7280.0% year-over-year from 2.14% in Q4 2024, and up 79.71% quarter-over-quarter from 87.68% in Q3 2025.
Bw Lpg (BWLP) Gross Margin (2023 - 2025) Analysis & Trends
Bw Lpg (BWLP) has reported Gross Margin for 3 consecutive years, with 157.58% the latest figure, recorded in Q4 2025.
- In Q4 2025, Gross Margin rose 7280.0% year-over-year to 157.58%; the TTM figure through Dec 2025 stood at 72.31% (down 1766.0% YoY), while the FY2025 annual figure was 83.26%, up 209.0% from the prior year.
- Gross Margin climbed to 157.58% in Q4 2025 per BWLP's latest filing, from 87.68% in the prior quarter.
- Across five years, Gross Margin topped out at 157.58% in Q4 2025 and bottomed at 84.78% in Q4 2024.
- Historically, Gross Margin has averaged 96.16% across 3 years, with a median of 92.19% in 2024.
- Annual changes were most pronounced in 2024 — Gross Margin tumbled 752 bps — and 2025, when it soared 7280 bps.
- Bw Lpg's Gross Margin stood at 92.3% in 2023, then retreated by 8 bps to 84.78% in 2024, then jumped by 86 bps to 157.58% in 2025.
- Business Quant data shows BWLP's Gross Margin at 157.58% in Q4 2025, 87.68% in Q3 2025, and 86.11% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 68.62% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 24.69% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 21.55% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 95.91% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 82.28% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 23.30% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 48.15% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 92.34% |
| 10 | Bw Lpg | 3.48 Bn | 3.21 Bn | -345.66 Mn | 157.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 157.58% |
| Sep 30, 2025 | 87.68% |
| Jun 30, 2025 | 86.11% |
| Mar 31, 2025 | 87.98% |
| Dec 31, 2024 | 84.78% |
| Sep 30, 2024 | 91.93% |
| Jun 30, 2024 | 92.19% |
| Mar 31, 2024 | 92.58% |
| Dec 31, 2023 | 92.30% |
| Jun 30, 2023 | 92.32% |
| Mar 31, 2023 | 92.29% |