BWLP revenueFY2025$9.30M
- FY YoY
- -40.4%
BWLP revenue was $9.30M for fiscal 2025 (ended Dec 31, 2025), down 40.4% from fiscal 2024. It rose in 2 of the last 3 fiscal years.
BW LPG Limited (BWLP) financials
For fiscal 2025 (ended Dec 31, 2025), BW LPG Limited reported $242.31M of net income.
- Net income, FY2025
- $242.31M
- Net income growth, YoY
- -31.6%
- Free cash flow, FY2025
- $385.11M
- EPS, diluted, FY2025
- $1.60
- EPS growth, YoY
- -39.4%
- Cash
- $242.01M
- Total debt
- $853.10M
- P/E
- 14.36
- Market cap
- $3.48B
FY2022FY2025
FY2022FY2025
FY2022FY2025
BWLP revenue and earnings growth
BWLP net incomeFY2025$242.31M
- FY YoY
- -31.6%
BWLP net income was $242.31M for fiscal 2025 (ended Dec 31, 2025), down 31.6% from fiscal 2024. It rose in 1 of the last 3 fiscal years.
BWLP EPSFY2025$1.60
- FY YoY
- -39.4%
BWLP diluted EPS was $1.60 for fiscal 2025 (ended Dec 31, 2025), down 39.4% from fiscal 2024.
BWLP free cash flowFY2025$385.11M
- FY YoY
- +161.7%
BWLP free cash flow was $385.11M for fiscal 2025 (ended Dec 31, 2025), up 161.7% from fiscal 2024. It rose in 1 of the last 3 fiscal years.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | $9.30M | $15.62M | $10.12M | $1.94M |
| Selling, general and admin | $76.50M | $71.13M | $56.77M | $31.92M |
| Operating income | $348.05M | $433.69M | $523.73M | $270.83M |
| Interest expense | $53.05M | $19.85M | $27.30M | $29.77M |
| Pre-tax income | $303.91M | $424.96M | $503.96M | $239.65M |
| Income tax | $14.20M | $30.09M | $10.96M | $1.07M |
| Net income | $242.31M | $354.30M | $469.96M | $227.40M |
| EPS, basic | $1.60 | $2.65 | $3.57 | $1.69 |
| EPS, diluted | $1.60 | $2.64 | $3.53 | $1.68 |
| Diluted shares | 151.9M | 134.2M | 133.0M | 135.4M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Cash and equivalents | $242.01M | $279.68M | $287.55M | - |
| Short-term investments | $1.60M | $2.77M | $3.27M | - |
| Receivables | $231.21M | $202.92M | $315.24M | - |
| Inventory | $123.89M | $76.71M | $188.59M | - |
| Current assets | $643.58M | $677.93M | $878.71M | - |
| Total assets | $3.15B | $3.32B | $2.52B | - |
| Current liabilities | $420.70M | $610.11M | $655.34M | - |
| Short-term debt | $122.71M | $230.34M | $212.43M | - |
| Long-term debt | $730.39M | $711.66M | $199.92M | - |
| Total debt | $853.10M | $942.01M | $412.35M | - |
| Total liabilities | $1.22B | $1.38B | $934.30M | - |
| Shareholders' equity | $1.83B | $1.81B | $1.59B | $1.60B |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | $567.40M | $749.14M | $513.36M | $505.30M |
| Capital expenditures | $182.29M | $602.01M | $116.05M | $46.19M |
| Free cash flow | $385.11M | $147.13M | $397.32M | $459.11M |
| Investing cash flow | -$39.43M | -$541.21M | $68.57M | $112.55M |
| Financing cash flow | -$534.16M | -$138.07M | -$645.29M | -$522.10M |
| Share repurchases | $2.74M | $100.0K | $23.70M | $26.32M |
| Stock-based compensation | $1.75M | $2.02M | $1.70M | $1.37M |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue growth, YoY | -40.4% | 54.3% | 421.4% | - |
| Net income growth, YoY | -31.6% | -24.6% | 106.7% | - |
| EPS growth, YoY | -39.4% | -25.2% | 110.1% | - |
| Operating margin | 3741.6% | 2777.0% | 5174.7% | 13953.2% |
| Net margin | 2605.0% | 2268.7% | 4643.4% | 11715.4% |
| Free cash flow margin | 4140.1% | 942.1% | 3925.7% | 23653.2% |
| Return on equity | 13.2% | 19.6% | 29.6% | 14.2% |
| Return on assets | 7.7% | 10.7% | 18.6% | - |
| Current ratio | 1.53 | 1.11 | 1.34 | - |
| Debt to equity | 0.47 | 0.52 | 0.26 | - |
Source: XBRL data BW LPG Limited files with the SEC, latest filing dated Mar 31, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
BWLP peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| BWLP | - | - | $242.31M | - | $3.48B |
| BKNG | $28.13B | +8.0% | $7.18B | 25.5% | $119.49B |
| EXPE | $16.23B | +12.9% | $2.11B | 13.0% | $29.68B |
| XPO | $8.84B | +9.5% | $503.00M | 5.7% | $20.62B |
| GATX | $2.21B | +29.7% | $391.10M | 17.7% | $6.38B |
| GXO | $13.84B | +7.1% | $136.00M | 1.0% | $6.24B |
| HAFN | $2.28B | -20.5% | $339.68M | 14.9% | $5.02B |
| MMYT | $1.04B | +6.7% | $51.80M | 5.0% | $4.81B |
| RXO | $6.54B | +10.1% | -$88.00M | -1.3% | $4.55B |
BWLP FAQ
7 questionsIs BWLP profitable?
Yes. BW LPG Limited earned $242.31M in net income for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does BWLP have?
BW LPG Limited reported $242.01M in cash and cash equivalents and $853.10M of debt on its most recent balance sheet in SEC filings.How fast is BWLP revenue growing?
BW LPG Limited's revenue changed -40.4% in fiscal 2025, to $9.30M.What is BWLP free cash flow?
BW LPG Limited generated $385.11M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $567.40M less capital expenditures.What is BWLP earnings per share?
Diluted earnings per share were $1.60 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did BWLP last report financial results?
The latest statements here come from BW LPG Limited's 20-F filed on Mar 31, 2026, covering the period ended Dec 31, 2025.Where does this BWLP financial data come from?
Quantisnow builds these statements from the structured XBRL data BW LPG Limited files with the SEC. It is provided for information only and is not investment advice.