Bw Lpg (BWLP) Operating Income (2023 - 2025)
Bw Lpg's (BWLP) quarterly Operating Income came in at $3.0 million in Q4 2025, down 98.78% year-on-year from $247.1 million in Q4 2024, and down 98.54% sequentially from $207.2 million in Q3 2025.
Bw Lpg (BWLP) Operating Income (2023 - 2025) Analysis & Trends
Bw Lpg's Operating Income history runs 3 years deep, the most recent figure standing at $3.0 million for Q4 2025.
- In Q4 2025, Operating Income fell 98.78% year-over-year to $3.0 million; the TTM figure through Dec 2025 stood at $348.0 million (down 60.47% YoY), while the FY2025 annual figure was $348.0 million, down 19.75% from the prior year.
- Operating Income came in at $3.0 million for Q4 2025 at Bw Lpg, down from $207.2 million in the prior quarter.
- Over five years, Operating Income peaked at $386.3 million in Q3 2024 and troughed at $3.0 million in Q4 2025.
- The 3-year median for Operating Income is $137.9 million (2023), against an average of $151.5 million.
- The widest annual swing landed in 2024, when Operating Income climbed 14.47%; it then slumped 98.78% in 2025.
- A 3-year view of Operating Income shows it stood at $218.8 million in 2023, then grew by 12.93% to $247.1 million in 2024, then tumbled by 98.78% to $3.0 million in 2025.
- Per Business Quant data, the three most recent Operating Income figures were $3.0 million in Q4 2025, $207.2 million in Q3 2025, and $58.8 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.44 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.90 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 846.90 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.21 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 361.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 1.15 Bn |
| 10 | Bw Lpg | 2.64 Bn | 2.49 Bn | -345.66 Mn | 3.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.03 Mn |
| Sep 30, 2025 | 207.23 Mn |
| Jun 30, 2025 | 58.84 Mn |
| Mar 31, 2025 | 78.95 Mn |
| Dec 31, 2024 | 247.12 Mn |
| Sep 30, 2024 | 386.29 Mn |
| Jun 30, 2024 | 89.31 Mn |
| Mar 31, 2024 | 157.81 Mn |
| Dec 31, 2023 | 218.82 Mn |
| Jun 30, 2023 | 80.96 Mn |
| Mar 31, 2023 | 137.86 Mn |