Bw Lpg (BWLP) Net Margin (2023 - 2025)
Bw Lpg (BWLP) posted quarterly Net Margin of 15.24% for Q4 2025, down 8468.0% year-over-year from 0.18% in Q4 2024, and down 183.61% quarter-over-quarter from 18.23% in Q3 2025.
Bw Lpg (BWLP) Net Margin (2023 - 2025) Analysis & Trends
Bw Lpg (BWLP) has reported Net Margin for 3 consecutive years, with 15.24% the latest figure, recorded in Q4 2025.
- In Q4 2025, Net Margin fell 8468.0% year-over-year to 15.24%; the TTM figure through Dec 2025 stood at 23.86% (down 3041.0% YoY), while the FY2025 annual figure was 23.86%, down 1294.0% from the prior year.
- Net Margin slipped to 15.24% in Q4 2025 per BWLP's latest filing, from 18.23% in the prior quarter.
- Across five years, Net Margin topped out at 69.44% in Q4 2024 and bottomed at 15.24% in Q4 2025.
- Historically, Net Margin has averaged 31.79% across 3 years, with a median of 29.28% in 2024.
- Annual changes were most pronounced in 2024 — Net Margin soared 3395 bps — and 2025, when it sank 8468 bps.
- Bw Lpg's Net Margin stood at 35.49% in 2023, then surged by 96 bps to 69.44% in 2024, then plunged by 122 bps to 15.24% in 2025.
- Business Quant data shows BWLP's Net Margin at 15.24% in Q4 2025, 18.23% in Q3 2025, and 15.15% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 19.97% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 4.76% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 10.16% |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 5.90% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 55.36% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 32.82% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 8.03% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 17.22% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 63.54% |
| 10 | Bw Lpg | 3.48 Bn | 3.21 Bn | -345.66 Mn | -15.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -15.24% |
| Sep 30, 2025 | 18.23% |
| Jun 30, 2025 | 15.15% |
| Mar 31, 2025 | 14.52% |
| Dec 31, 2024 | 69.44% |
| Sep 30, 2024 | 47.23% |
| Jun 30, 2024 | 29.28% |
| Mar 31, 2024 | 66.32% |
| Dec 31, 2023 | 35.49% |
| Jun 30, 2023 | 26.92% |
| Mar 31, 2023 | 42.31% |