BW LPG Limited

BW LPG Limited

Industrials

NYSE:BWLP · New York Stock Exchange

Market Cap $3.27B Beta 0.64 P/E (TTM) 9.0
$21.54 +3.21%

+$0.00 today

52W Low $11.58High $22.92

Vol 0.35M · Avg 0.45M

EPS (TTM)$2.39
Div Yield8.61%
Marine Shipping

Income Statement

Follow revenue through to earnings

Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.

Earnings Waterfall

Revenue to Net Income

Key Ratios

EPS$2.39
Gross Margin20.3%
Net Margin10.8%
P/E Ratio7.7
P/S Ratio2.4

Analysis

$3.6B of revenue converted into $362.5M of net income for the selected period. Gross margin is 20.3% and net margin is 10.8%, showing how much revenue survives after costs and taxes. EPS is $2.39, tying the income statement back to per-share earnings.

Income Statement

Annual data · 5 periods

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue
$3.7B
+9.6%
$3.4B
+10.0%
$3.1B
+100.1%
$1.5B
+26.4%
$1.2B
$809.6M$921.6M$731.2M
Cost of Revenue
$3.2B
+12.2%
$2.8B
+19.1%
$2.4B
+109.2%
$1.1B
+24.1%
$909.2M
$725.6M$804.0M$882.4M
Gross Profit
$532.2M
-4.0%
$554.3M
-20.6%
$698.5M
+74.5%
$400.3M
+33.6%
$299.7M
$8.9B$7.6B$6.2B
Gross Margin
14.4%
-2.0pp
16.5%
-6.4pp
22.8%
-3.4pp
26.2%
+1.4pp
24.8%
9.8%28.9%38.3%
Research & Development
$0
$0
$0
$0
$0
$983.2M$1.3B$490.4M
Selling, General & Admin
$225.1M
+34.8%
$167.0M
-15.3%
$197.2M
+24.7%
$158.2M
+3.7%
$152.5M
$620.6M$923.0M-$1.5B
Operating Expenses
$225.1M
+34.8%
$167.0M
-15.3%
$197.2M
+24.7%
$158.2M
+3.7%
$152.5M
$5.3B$7.0B$8.7B
Depreciation & Amortization
$263.4M
+38.0%
$191.0M
-15.5%
$226.1M
+44.6%
$156.4M
+4.1%
$150.2M
$374.2M$1.2B$631.8M
EBITDA
$632.9M
+3.1%
$613.7M
-21.3%
$779.8M
+84.3%
$423.1M
+13.6%
$372.4M
-$15.2B$6.8B$9.3B
EBITDA Margin
17.2%
-1.1pp
18.2%
-7.3pp
25.5%
-2.2pp
27.7%
-3.1pp
30.8%
5.6%46.3%42.0%
Operating Income
$307.1M
-20.7%
$387.2M
-22.7%
$501.3M
+107.0%
$242.1M
+64.4%
$147.2M
$12.3B$14.0B-$15.7B
Operating Margin
8.3%
-3.2pp
11.5%
-4.9pp
16.4%
+0.5pp
15.8%
+3.7pp
12.2%
16.6%24.1%22.0%
Interest Income
$9.6M
-35.1%
$14.7M
+40.4%
$10.5M
+451.7%
$1.9M
-43.1%
$3.3M
-$1.5B-$1.6B$405.0M
Interest Expense
$56.6M
+164.2%
$21.4M
-30.1%
$30.7M
-3.3%
$31.7M
-21.2%
$40.2M
$1.1B$1.0B$1.2B
Other Income / Expenses
$5.7M
-59.6%
$14.1M
-35.0%
$21.7M
+407.4%
-$7.1M
-120.3%
$34.8M
-$1.5B$1.4B$1.2B
Income Before Tax
$312.8M
-22.1%
$401.4M
-23.3%
$523.0M
+122.5%
$235.1M
+29.1%
$182.1M
$3.3B$4.9B$3.6B
Pre-Tax Margin
8.5%
-3.4pp
11.9%
-5.2pp
17.1%
+1.7pp
15.4%
+0.3pp
15.1%
20.8%18.7%26.2%
Income Tax Expense
$14.6M
-48.6%
$28.4M
+149.8%
$11.4M
+983.2%
$1.1M
+107.0%
$507.4K
$1.3B-$1.6B$745.2M
Net Income
$249.4M
-25.5%
$334.6M
-31.4%
$487.7M
+118.7%
$223.0M
+23.9%
$180.0M
$4.9B$4.8B$4.7B
Net Margin
6.8%
-3.2pp
9.9%
-6.0pp
15.9%
+1.4pp
14.6%
-0.3pp
14.9%
12.4%17.5%22.5%
EPS (Basic)
$2
-34.0%
$3
-29.2%
$4
+113.9%
$2
+26.9%
$1
$400.8M$703.2M$1.3B
EPS (Diluted)
$2
-34.1%
$2
-29.5%
$4
+113.9%
$2
+26.9%
$1
$766.2M$609.4M$452.6M
Weighted Avg Shares
$151.4M
+12.8%
$134.2M
+0.9%
$133.0M
-1.8%
$135.4M
-2.5%
$139.0M
$757.8M$925.8M$1.1B
Weighted Avg Shares (Diluted)
$151.9M
+13.2%
$134.2M
+0.9%
$133.0M
-1.8%
$135.4M
-2.5%
$139.0M
$1.2B$924.4M$678.0M

Older periods hidden.

Sign in to unlock

SEC Filings

Recent regulatory filings

No filings found.

How much revenue does BWLP generate?

BW LPG Limited (BWLP) reported $3.69B of revenue in fiscal 2025.

Is BWLP profitable?

BW LPG Limited (BWLP) reported $249.43M of net income, with a net margin of 6.8%.

Explore More

Continue the stock analysis

Jump to another research area for this company.