BW LPG Limited (BWLP) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 1, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Mar 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BWLP SEC filings page.
This page shows BW LPG Limited (BWLP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
BW LPG Limited does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
BW LPG Limited passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, BW LPG Limited generates $1.96 in operating cash flow ($567.4M OCF vs $289.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
BW LPG Limited held $242.0M in cash against $72.8M in long-term debt as of Q4 2025.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
BWLP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
BWLP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q2'256-K | Q4'2420-F | Q2'246-K | Q4'2310-K |
|---|---|---|---|---|---|
| Total Assets | $3.1B-5.1% | $3.4B | $3.3B+31.7% | N/A | $2.5B |
| Current Assets | $643.6M-5.1% | $792.0M | $677.9M-22.8% | N/A | $878.7M |
| Cash & Equivalents | $242.0M-13.5% | $321.0M+21.4% | $279.7M-2.7% | $264.3M | $287.5M |
| Inventory | $123.9M+61.5% | $36.8M | $76.7M-59.3% | N/A | $188.6M |
| Accounts Receivable | $231.2M+13.9% | $351.8M | $202.9M-35.6% | N/A | $315.2M |
| Total Liabilities | $1.2B-11.5% | $1.5B | $1.4B+48.0% | N/A | $934.3M |
| Current Liabilities | $420.7M-31.0% | $621.3M | $610.1M-6.9% | N/A | $655.3M |
| Non-Current Liabilities | $803.6M+4.0% | $851.9M | $772.8M+177.0% | N/A | $279.0M |
| Long-Term Debt | $72.8M+20.2% | $41.0M | $60.6M-22.7% | N/A | $78.4M |
| Total Equity | $1.9B-0.6% | $1.9B | $1.9B+22.1% | N/A | $1.6B |
| Retained Earnings | $605.2M+7.0% | $540.9M | $565.8M-7.2% | N/A | $609.5M |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments, Goodwill.
BWLP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q2'256-K | Q4'2420-F | Q2'246-K | Q4'2310-K |
|---|---|---|---|---|---|
| Operating Cash Flow | N/A | $94.7M+79.2% | N/A | $52.8M | N/A |
| Capital Expenditures | N/A | $81.3M+19492.3% | N/A | -$415K | N/A |
| Free Cash Flow | N/A | $13.4M-74.4% | N/A | $52.4M | N/A |
| Investing Cash Flow | N/A | -$77.1M-1189.8% | N/A | $7.1M | N/A |
| Financing Cash Flow | N/A | $8.2M+105.8% | N/A | -$141.0M | N/A |
| Dividends Paid | N/A | $42.4M-67.8% | N/A | $131.8M | N/A |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Share Buybacks.
BWLP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| BW LPG Limited BWLP | FY2025 | N/A | $289.7M | N/A | $3.8B | — |
| Star Bulk Carriers Corp. SBLK | FY2025 | $1.0B | $84.2M | 8.1% | $3.4B | 64/100 |
| Hafnia Limited HAFN | FY2025 | $1.4B | $339.7M | 23.9% | $5.0B | 33/100 |
| Matsons, Inc. MATX | FY2025 | $3.3B | $444.8M | 13.3% | $6.6B | 55/100 |
| Kirby Corporation KEX | FY2025 | $3.4B | $354.6M | 10.5% | $6.9B | 52/100 |
| Danaos Corporation DAC | FY2025 | $1.0B | $494.6M | 47.4% | $2.8B | 65/100 |
Where BW LPG Limited Ranks
Frequently Asked Questions
Is BW LPG Limited profitable?
Yes, BW LPG Limited (BWLP) reported a net income of $289.7M in fiscal year 2025.
How much debt does BW LPG Limited have?
As of fiscal year 2025, BW LPG Limited (BWLP) had $242.0M in cash and equivalents against $72.8M in long-term debt.
What is BW LPG Limited's return on equity (ROE)?
BW LPG Limited (BWLP) has a return on equity of 15.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is BW LPG Limited's free cash flow?
BW LPG Limited (BWLP) generated $385.1M in free cash flow during fiscal year 2025. This represents a 161.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is BW LPG Limited's operating cash flow?
BW LPG Limited (BWLP) generated $567.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are BW LPG Limited's total assets?
BW LPG Limited (BWLP) had $3.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are BW LPG Limited's capital expenditures?
BW LPG Limited (BWLP) invested $182.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is BW LPG Limited's current ratio?
BW LPG Limited (BWLP) had a current ratio of 1.53 as of fiscal year 2025, which is generally considered healthy.
What is BW LPG Limited's debt-to-equity ratio?
BW LPG Limited (BWLP) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is BW LPG Limited's return on assets (ROA)?
BW LPG Limited (BWLP) had a return on assets of 9.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is BW LPG Limited's P/E ratio?
BW LPG Limited (BWLP) trades at 13.1x earnings, its market capitalization divided by net income of $289.7M net income, FY2025. The market capitalization is $3.8B as of Oct 1, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is BW LPG Limited's price-to-sales ratio?
BW LPG Limited (BWLP) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $3.8B as of Oct 1, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is BW LPG Limited's Piotroski F-Score?
BW LPG Limited (BWLP) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are BW LPG Limited's earnings high quality?
BW LPG Limited (BWLP) has an earnings quality ratio of 1.96x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.