Bw Lpg (BWLP) Operating Income (2023 - 2025)
Bw Lpg (BWLP) posted quarterly Operating Income of $3.0 million for Q4 2025, down 98.78% year-on-year from $247.1 million in Q4 2024, and down 98.54% on a QoQ basis from $207.2 million in Q3 2025.
Bw Lpg (BWLP) Operating Income (2023 - 2025) Analysis & Trends
Bw Lpg (BWLP) has reported Operating Income for 3 consecutive years, with $3.0 million the latest figure, recorded in Q4 2025.
- Quarterly Operating Income fell 98.78% year-over-year to $3.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $348.0 million (down 60.47% YoY) and the FY2025 annual result came in at $348.0 million, down 19.75% from the prior year.
- Operating Income slipped to $3.0 million in Q4 2025 per BWLP's latest filing, from $207.2 million in the prior quarter.
- Over the last five years, Operating Income for BWLP reached as high as $386.3 million in Q3 2024 and fell as low as $3.0 million in Q4 2025.
- A 3-year average of $151.5 million and a median of $137.9 million in 2023 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2024 — Operating Income grew 14.47% — and 2025, when it sank 98.78%.
- Year by year, Operating Income stood at $218.8 million in 2023, then gained by 12.93% to $247.1 million in 2024, then plunged by 98.78% to $3.0 million in 2025.
- According to Business Quant data, Operating Income over the past three periods registered $3.0 million, $207.2 million, and $58.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 167.66 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 83.60 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.35 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.90 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 441.01 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 2.98 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 846.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.43 Bn |
| 10 | Bw Lpg | 3.29 Bn | 3.14 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 |