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
DateValue
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