Bw Lpg (BWLP) Operating Margin (2023 - 2025)
Bw Lpg (BWLP) posted quarterly Operating Margin of 1.38% for Q4 2025, down 4563.0% year-over-year from 0.03% in Q4 2024, and down 105.04% quarter-over-quarter from 27.36% in Q3 2025.
Bw Lpg (BWLP) Operating Margin (2023 - 2025) Analysis & Trends
Bw Lpg (BWLP) has reported Operating Margin for 3 consecutive years, with 1.38% the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Margin fell 4563.0% year-over-year to 1.38%; the TTM figure through Dec 2025 stood at 34.27% (down 1218.0% YoY), while the FY2025 annual figure was 34.27%, down 1078.0% from the prior year.
- Operating Margin eased to 1.38% in Q4 2025 per BWLP's latest filing, from 27.36% in the prior quarter.
- Across five years, Operating Margin topped out at 53.3% in Q1 2024 and bottomed at 1.38% in Q4 2025.
- Historically, Operating Margin has averaged 34.37% across 3 years, with a median of 34.04% in 2024.
- Annual changes were most pronounced in 2024 — Operating Margin soared 646 bps — and 2025, when it plunged 4563 bps.
- Bw Lpg's Operating Margin stood at 37.79% in 2023, then increased by 17 bps to 44.25% in 2024, then slumped by 103 bps to 1.38% in 2025.
- Business Quant data shows BWLP's Operating Margin at 1.38% in Q4 2025, 27.36% in Q3 2025, and 25.52% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 30.06% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 9.93% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 12.31% |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 10.41% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 29.84% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 41.61% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 13.22% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 27.80% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 74.84% |
| 10 | Bw Lpg | 3.48 Bn | 3.21 Bn | -345.66 Mn | -1.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -1.38% |
| Sep 30, 2025 | 27.36% |
| Jun 30, 2025 | 25.52% |
| Mar 31, 2025 | 31.96% |
| Dec 31, 2024 | 44.25% |
| Sep 30, 2024 | 49.60% |
| Jun 30, 2024 | 34.04% |
| Mar 31, 2024 | 53.30% |
| Dec 31, 2023 | 37.79% |
| Jun 30, 2023 | 27.84% |
| Mar 31, 2023 | 47.83% |