Bw Lpg (BWLP) Gross Margin (2023 - 2025)
Bw Lpg (BWLP) reported 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 3 years of Gross Margin data on file, last reported at 157.58% in Q4 2025.
- Gross Margin for Q4 2025 came in at 157.58%, up 7280.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 72.31% (down 1766.0% YoY), and the FY2025 annual result was 87.57%, up 640.0% from the prior year.
- Gross Margin rose to 157.58% in Q4 2025 per BWLP's latest filing, from 87.68% in the prior quarter.
- Over five years, Gross Margin peaked at 157.58% in Q4 2025 and troughed at 84.78% in Q4 2024.
- A 3-year average of 96.16% and a median of 92.19% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin tumbled 752 bps in 2024, then soared 7280 bps in 2025.
- A 3-year view of Gross Margin shows it stood at 92.3% in 2023, then fell by 8 bps to 84.78% in 2024, then soared 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 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 63.77% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 23.85% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 83.61% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 41.52% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 26.67% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 98.68% |
| 10 | Bw Lpg | 13.20 Bn | 12.95 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% |