Bw Lpg (BWLP) Operating Margin (2023 - 2025)
Bw Lpg's (BWLP) quarterly Operating Margin came in at 1.38% in Q4 2025, down 4563.0% year-on-year from 0.03% in Q4 2024, and down 105.04% sequentially from 27.36% in Q3 2025.
Bw Lpg (BWLP) Operating Margin (2023 - 2025) Analysis & Trends
Bw Lpg's Operating Margin history runs 3 years deep, the most recent figure standing at 1.38% for 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 came in at 1.38% for Q4 2025 at Bw Lpg, down from 27.36% in the prior quarter.
- Over five years, Operating Margin peaked at 53.3% in Q1 2024 and troughed at 1.38% in Q4 2025.
- The 3-year median for Operating Margin is 34.04% (2024), against an average of 34.37%.
- The widest annual swing landed in 2024, when Operating Margin jumped 646 bps; it then sank 4563 bps in 2025.
- A 3-year view of Operating Margin shows it 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.
- Per Business Quant data, the three most recent Operating Margin figures were 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 14.43% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 29.91% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 13.17% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 10.74% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.68% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 39.96% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 14.85% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 10.03% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 25.03% |
| 10 | Bw Lpg | 2.64 Bn | 2.49 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% |