BW LPG Ltd
OSE:BWLPG

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BW LPG Ltd Logo
BW LPG Ltd
OSE:BWLPG
Watchlist
Price: 114.3 NOK 5.93% Market Closed
Market Cap: 18.2B NOK
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

0
Revenue
+0%
3Y
+187%
5Y
+336%
10Y
+377%
0
Operating Income
+0%
3Y
+151%
5Y
+46%
10Y
+53%
0
Net Income
+0%
3Y
+92%
5Y
+29%
10Y
+39%

Earnings Waterfall
BW LPG Ltd

Revenue
3.6B USD
Cost of Revenue
-2.8B USD
Gross Profit
789m USD
Operating Expenses
-377m USD
Operating Income
412m USD
Other Expenses
-57.7m USD
Net Income
354.3m USD

Income Statement
BW LPG Ltd

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Income Statement
Currency: USD
Millions
Ones
Thousands
Millions
Billions
TTM
Quarterly
Annual
TTM
Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024
Revenue
Interest Expense
10
10
12
14
17
19
21
23
28
34
40
45
47
47
48
49
50
53
57
58
58
55
50
47
44
40
40
40
39
37
35
33
30
28
26
28
27
26
23
19
20
Revenue
747
N/A
765
+2%
751
-2%
764
+2%
773
+1%
768
-1%
700
-9%
581
-17%
506
-13%
481
-5%
491
+2%
487
-1%
492
+1%
473
-4%
448
-5%
489
+9%
522
+7%
522
+0%
591
+13%
711
+20%
817
+15%
950
+16%
993
+5%
883
-11%
812
-8%
767
-6%
690
-10%
694
+1%
1 241
+79%
1 327
+7%
1 542
+16%
1 716
+11%
1 558
-9%
2 513
+61%
2 614
+4%
2 998
+15%
2 947
-2%
3 093
+5%
3 510
+14%
3 602
+3%
3 564
-1%
Gross Profit
Cost of Revenue
(208)
(195)
(168)
(158)
(147)
(135)
(122)
(104)
(100)
(116)
(134)
(141)
(156)
(159)
(164)
(194)
(221)
(234)
(254)
(270)
(270)
(301)
(306)
(278)
(261)
(228)
(206)
(208)
(779)
(885)
(1 073)
(1 222)
(991)
(1 853)
(1 919)
(2 206)
(2 056)
(2 199)
(2 592)
(2 685)
(2 775)
Gross Profit
539
N/A
569
+6%
583
+2%
606
+4%
626
+3%
633
+1%
578
-9%
477
-18%
407
-15%
364
-10%
356
-2%
346
-3%
335
-3%
314
-6%
284
-10%
296
+4%
301
+2%
288
-4%
338
+17%
440
+30%
547
+24%
649
+19%
688
+6%
604
-12%
551
-9%
539
-2%
483
-10%
487
+1%
462
-5%
443
-4%
469
+6%
494
+5%
568
+15%
660
+16%
694
+5%
792
+14%
891
+12%
893
+0%
918
+3%
917
0%
789
-14%
Operating Income
Operating Expenses
(270)
(273)
(277)
(279)
(281)
(283)
(362)
(364)
(296)
(380)
(318)
(334)
(342)
(341)
(333)
(323)
(297)
(295)
(286)
(270)
(266)
(269)
(273)
(289)
(298)
(298)
(291)
(296)
(298)
(300)
(307)
(305)
(319)
(343)
(368)
(391)
(409)
(396)
(386)
(374)
(377)
Selling, General & Administrative
0
0
0
0
(89)
0
0
0
(92)
0
0
0
(110)
0
0
0
(88)
0
0
0
(113)
(33)
(38)
(43)
(106)
(26)
(28)
(29)
(114)
(31)
(32)
(32)
(111)
(35)
(39)
(42)
(126)
(62)
(69)
(69)
(145)
Depreciation & Amortization
(71)
(73)
(77)
(81)
(85)
(89)
(93)
(97)
(99)
(105)
(115)
(123)
(127)
(123)
(114)
(107)
(101)
(107)
(114)
(120)
(126)
(133)
(139)
(146)
(152)
(150)
(151)
(150)
(154)
(159)
(158)
(159)
(159)
(174)
(189)
(206)
(218)
(212)
(205)
(200)
(202)
Other Operating Expenses
(199)
(200)
(200)
(199)
(107)
(194)
(268)
(267)
(104)
(275)
(203)
(211)
(104)
(218)
(219)
(216)
(109)
(188)
(172)
(150)
(26)
(103)
(97)
(100)
(40)
(122)
(112)
(116)
(30)
(112)
(117)
(114)
(49)
(134)
(140)
(143)
(65)
(122)
(111)
(105)
(30)
Operating Income
269
N/A
296
+10%
306
+3%
327
+7%
346
+6%
350
+1%
216
-38%
113
-48%
111
-2%
(15)
N/A
39
N/A
12
-68%
(6)
N/A
(27)
-323%
(49)
-83%
(28)
+44%
3
N/A
(8)
N/A
52
N/A
170
+229%
282
+66%
380
+35%
414
+9%
315
-24%
252
-20%
241
-5%
192
-20%
191
-1%
164
-14%
142
-13%
163
+14%
189
+16%
248
+31%
317
+28%
326
+3%
401
+23%
482
+20%
497
+3%
532
+7%
543
+2%
412
-24%
Pre-Tax Income
Interest Income Expense
(11)
(12)
(13)
(15)
(17)
(18)
(21)
(23)
(24)
(33)
(39)
(38)
(46)
(45)
(45)
(46)
(46)
(49)
(52)
(50)
(49)
(47)
(40)
(38)
(25)
(20)
(24)
(26)
(32)
(36)
(35)
(33)
(29)
(27)
(19)
(17)
(18)
(12)
(10)
(5)
(5)
Non-Reccuring Items
0
0
0
0
0
0
0
(61)
(61)
23
23
82
10
14
16
19
(28)
(29)
(32)
(32)
45
48
44
48
20
17
31
38
57
69
64
53
23
25
48
47
41
45
18
19
20
Total Other Income
(1)
(1)
(2)
(2)
(2)
(2)
(2)
(2)
(3)
(3)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(2)
(2)
(2)
(2)
(2)
(3)
(3)
(3)
Pre-Tax Income
256
N/A
283
+10%
291
+3%
310
+6%
327
+5%
330
+1%
193
-41%
27
-86%
24
-10%
(28)
N/A
20
N/A
54
+165%
(44)
N/A
(61)
-37%
(81)
-33%
(57)
+30%
(72)
-27%
(87)
-21%
(34)
+62%
87
N/A
276
+218%
381
+38%
416
+9%
323
-22%
244
-24%
235
-4%
196
-17%
201
+2%
187
-7%
173
-7%
189
+9%
206
+9%
240
+16%
313
+31%
353
+13%
428
+21%
504
+18%
527
+5%
538
+2%
555
+3%
425
-23%
Net Income
Tax Provision
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(0)
(0)
(0)
(0)
(1)
(1)
(1)
(1)
(0)
(0)
(0)
(1)
(2)
(3)
(3)
(2)
(0)
(1)
(0)
(1)
(1)
0
0
0
(1)
(3)
(2)
(2)
(11)
(15)
(20)
(38)
(30)
Income from Continuing Operations
256
282
290
309
326
329
193
26
24
(28)
20
54
(45)
(61)
(81)
(57)
(72)
(88)
(34)
86
274
378
414
321
244
234
195
200
186
174
189
206
239
311
350
426
493
512
519
517
395
Income to Minority Interest
(1)
(1)
(1)
(2)
(2)
(2)
(1)
(0)
1
3
3
3
2
1
0
0
1
(0)
0
0
(0)
0
0
(0)
0
0
(0)
(1)
(2)
(4)
(6)
(8)
(11)
(12)
(10)
(16)
(23)
(27)
(36)
(42)
(41)
Net Income (Common)
255
N/A
281
+10%
289
+3%
307
+6%
324
+5%
326
+1%
192
-41%
26
-87%
24
-6%
(25)
N/A
23
N/A
57
+148%
(43)
N/A
(60)
-40%
(81)
-35%
(57)
+29%
(71)
-25%
(88)
-23%
(34)
+61%
86
N/A
274
+218%
378
+38%
414
+9%
321
-22%
244
-24%
234
-4%
195
-17%
199
+2%
185
-7%
170
-8%
183
+8%
198
+8%
227
+15%
298
+31%
341
+14%
410
+20%
470
+15%
485
+3%
483
0%
475
-2%
354
-25%
EPS (Diluted)
1.87
N/A
2.12
+13%
2.14
+1%
2.29
+7%
2.43
+6%
2.42
0%
1.38
-43%
0.2
-86%
0.18
-10%
-0.18
N/A
0.17
N/A
0.42
+147%
-0.3
N/A
-0.43
-43%
-0.58
-35%
-0.41
+29%
-0.51
-24%
-0.62
-22%
-0.23
+63%
0.62
N/A
1.97
+218%
2.72
+38%
2.99
+10%
2.34
-22%
1.76
-25%
1.69
-4%
1.35
-20%
1.39
+3%
1.33
-4%
1.22
-8%
1.32
+8%
1.46
+11%
1.68
+15%
2.21
+32%
2.56
+16%
3.07
+20%
3.53
+15%
3.65
+3%
3.64
0%
3.58
-2%
2.64
-26%

See Also

Summary
BWLPG intrinsic value, competitors valuation, and company profile.
DCF Valuation
BWLPG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BWLPG stock valuation using valuation multiples.
Wall Street Estimates
BWLPG price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
BWLPG stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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