Bw Lpg (BWLP) Gross Margin (2023 - 2025)
Bw Lpg's (BWLP) quarterly Gross Margin came in at 157.58% in Q4 2025, up 7280.0% year-on-year from 2.14% in Q4 2024, and up 79.71% sequentially from 87.68% in Q3 2025.
Bw Lpg (BWLP) Gross Margin (2023 - 2025) Analysis & Trends
Bw Lpg's Gross Margin history runs 3 years deep, the most recent figure standing at 157.58% for 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 87.57%, up 640.0% from the prior year.
- Gross Margin came in at 157.58% for Q4 2025 at Bw Lpg, up 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.
- The 3-year median for Gross Margin is 92.19% (2024), against an average of 96.16%.
- The widest annual swing landed in 2024, when Gross Margin plunged 752 bps; it then jumped 7280 bps in 2025.
- A 3-year view of Gross Margin shows it 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.
- Per Business Quant data, the three most recent Gross Margin figures were 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 | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 41.12% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 63.77% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 23.85% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 41.52% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 83.61% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 26.67% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 23.28% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 94.13% |
| 10 | Bw Lpg | 2.64 Bn | 2.49 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% |