Bw Lpg (BWLP) Net Margin (2023 - 2025)
Bw Lpg (BWLP) posted quarterly Net Margin of 15.24% for Q4 2025, down 8468.0% year-on-year from 0.18% in Q4 2024, and down 183.61% on a QoQ basis 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.
- Quarterly Net Margin fell 8468.0% year-over-year to 15.24% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 23.86% (down 3041.0% YoY) and the FY2025 annual result came in at 23.86%, down 1294.0% from the prior year.
- Net Margin fell to 15.24% in Q4 2025 per BWLP's latest filing, from 18.23% in the prior quarter.
- Over the last five years, Net Margin for BWLP reached as high as 69.44% in Q4 2024 and fell as low as 15.24% in Q4 2025.
- A 3-year average of 31.79% and a median of 29.28% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin surged 3395 bps — and 2025, when it sank 8468 bps.
- Year by year, Net Margin stood at 35.49% in 2023, then surged by 96 bps to 69.44% in 2024, then sank by 122 bps to 15.24% in 2025.
- According to Business Quant data, Net Margin over the past three periods registered 15.24%, 18.23%, and 15.15% for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 88.32% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 21.07% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 19.97% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 7.47% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 10.40% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.05% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 4.30% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 11.71% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 8.07% |
| 10 | Bw Lpg | 3.29 Bn | 3.14 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% |