BWLP financial statements
The full income statement, balance sheet, and cash-flow statement for BW LPG Limited (BWLP), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | |
| Operating income | 348M-19.7% | 434M-17.2% | 524M+93.4% | 271M | |
| Pre-tax income | 304M-28.5% | 425M-15.7% | 504M+110.3% | 240M | |
| Income tax | 14.2M-52.8% | 30.1M+174.5% | 11.0M+923.8% | 1.07M | |
| 290M-26.6% | 395M-19.9% | 493M+106.6% | 239M | ||
| Net income to common | 242M-31.6% | 354M-24.6% | 470M+106.7% | 227M | |
| $1.60-39.4% | $2.64-25.2% | $3.53+110.1% | $1.68 | ||
| EPS (basic) | $1.60-39.6% | $2.65-25.8% | $3.57+111.2% | $1.69 | |
| Weighted-avg shares (basic) | 151M+13.3% | 134M+1.4% | 132M-2.2% | 135M | |
| Weighted-avg shares (diluted) | 152M+13.2% | 134M+0.9% | 133M-1.8% | 135M | |
| Dividends per share | $1.32-48.5% | $2.56-11.5% | $2.90+209.6% | $0.94 | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | |
| 644M-5.1% | 678M-22.8% | 879M | — | ||
| Cash & equivalents | 242M-13.5% | 280M-2.7% | 288M | — | |
| Accounts receivable | 231M+13.9% | 203M-35.6% | 315M | — | |
| Inventory | 124M+61.5% | 76.7M-59.3% | 189M | — | |
| 3.15B-5.1% | 3.32B+31.7% | 2.52B | — | ||
| Total non-current assets | 2.51B-5.2% | 2.64B+61.0% | 1.64B | — | |
| Total current liabilities | 421M-31.0% | 610M-6.9% | 655M | — | |
| 1.22B-11.5% | 1.38B+48.0% | 934M | — | ||
| Long-term debt | 730M+2.6% | 712M+256.0% | 200M | — | |
| 1.83B+1.4% | 1.81B+22.8% | 1.47B-7.9% | 1.60B | ||
| Total equity incl. non-controlling | 1.93B-0.6% | 1.94B+22.1% | 1.59B-0.7% | 1.60B | |
| Common shares issued | 159M+0.0% | 159M+13.8% | 140M-1.4% | 142M | |
| Common shares outstanding | — | — | 140M | — | |
| Shares outstanding (cover) | 151M-0.1% | 152M | — | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | |
| 567M-24.3% | 749M+45.9% | 513M+1.6% | 505M | ||
| Depreciation & amortization | 256M+26.6% | 202M-7.2% | 218M+36.7% | 159M | |
| Intangible amortization | 368K-56.3% | 843K+10.6% | 762K+24.9% | 610K | |
| Capital expenditure | 182M-69.7% | 602M+418.8% | 116M+151.2% | 46.2M | |
| Free cash flow | 385M+161.7% | 147M-63.0% | 397M-13.5% | 459M | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | 1.03B+68.2% | 611M+747.6% | 72.1M+7.2% | 67.2M | |
| Long-term debt repaid | 1.08B+447.5% | 197M+15.0% | 172M-55.9% | 389M | |
| Common stock issued | 0.00-100.0% | 333M | 0.00 | 0.00 | |
| Common stock repurchased | 2.74M+2639.0% | 100K-99.6% | 23.7M-14.3% | 27.7M | |
| Dividends paid | 200M-48.6% | 388M-4.2% | 405M+220.0% | 127M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | |
| Market cap | 1.98B+30.1% | 1.52B-25.2% | 2.04B | — | |
| P/E | 6.8×+77.3% | 3.9×-54.8% | 8.5× | — | |
| P/B | 1.1×+28.3% | 0.8×-33.8% | 1.3× | — | |
| P/FCF | 5.1×-50.3% | 10.4×+133.4% | 4.4× | — | |
| Earnings yield | 14.6%-43.6% | 25.9%+121.3% | 11.7% | — | |
| FCF yield | 19.4%+101.2% | 9.7%-57.2% | 22.5% | — | |
| Dividend yield | 10.1%-55.3% | 22.6%+17.3% | 19.2% | — | |
| Source filing | 20-F | 20-F | 10-K | 10-K |
About this data
Source: BWLP’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BWLP filings on SEC EDGAR → Not investment advice.