BW LPG Limited (BWLP) AI Stock Analysis
BWLP AI stock analysis summary
AI ResearchBW LPG Limited (NYSE: BWLP) is a Singapore-based owner and charterer of liquefied petroleum gas (LPG) vessels operating through Shipping and Product Services segments. The company generated $3.53B in trailing twelve months (TTM) revenue with a TTM profit margin of 12.6%. The stock trades at a trailing price-to-earnings multiple of 8.4x and offers a 10.49% dividend yield.
- Market cap
- $3.75B
- Revenue (TTM)
- $3.53B
- P/E
- 8.4x fwd 14.5x
- 1Y return
- 131.5% S&P 500 16.8%
- Avg. target
- —
Bull case
- BW LPG generated $356.3M in free cash flow in FY2025 and returned $205.7M to shareholders via dividends.
- The stock delivered a 1-year return of 131.5%, outperforming the S&P 500 return of 16.8% over the same timeframe.
- Its trailing P/E of 8.4x and EV-to-EBITDA of 5.3x compare favorably to the US-listed Energy peer group medians of 15.0x and 8.0x.
Bear case
- Net income dropped from $487.7M in FY2023 to $249.4M in FY2025, with net margins contracting to 6.8%.
- Analyst projections indicate next fiscal year revenue will contract 39.2% to $783.6M.
- The company carries an 88.3% dividend payout ratio on an annual forward dividend of $2.59.
What BW LPG does
BW LPG Limited, headquartered in Singapore, functions as an investment holding company primarily engaged in global ship owning and chartering operations. The company operates through two main segments: Shipping and Product Services. Within the Shipping segment, it specializes in transporting liquefied petroleum gas (LPG) worldwide for oil companies, trading firms, and utility providers. It maintains a fleet of LPG vessels, including very large gas carriers (VLGCs), serving international maritime routes. In addition, BW LPG offers integrated LPG delivery services, manages wholesale LPG trade, and provides comprehensive management services in the energy transportation sector.
Growth and profitability
Between FY2020 and FY2025, BW LPG delivered a 5-year revenue compound annual growth rate of 32.8%. Annual revenue rose from $1.21B in FY2021 to $3.69B in FY2025, although annual net income declined from $487.7M in FY2023 to $249.4M in FY2025. Over that period, net margin fell from 15.9% in FY2023 to 6.8% in FY2025, and operating margin contracted from 16.4% to 8.3%. For the trailing twelve months, revenue reached $3.53B with diluted EPS of $2.94. In the latest quarter ended June 30, 2026, quarterly revenue fell 3.1% year-over-year, while quarterly earnings grew 243.5%.
Balance sheet and cash flow
As of June 30, 2026, BW LPG held $305.6M in cash and short-term investments against $931.1M in total debt, resulting in net debt of $625.5M. The company reported a current ratio of 1.44 and a debt-to-equity ratio of 0.49 on $1.92B in shareholders' equity and $3.38B in total assets. In FY2025, operations generated $543.9M in operating cash flow and $356.3M in free cash flow. Capital expenditures totaled $187.6M, while capital returns included $45.7M in share buybacks and $205.7M in dividends paid.
Valuation and performance
BW LPG trades at a trailing P/E of 8.4x and an enterprise-value-to-EBITDA multiple of 5.3x, both below the median of its US-listed Energy peers of 15.0x and 8.0x, respectively. Its price-to-sales ratio of 1.1x is also lower than the peer group median of 1.8x, though its forward P/E of 14.5x sits above the peer median of 12.7x. Over the past year through October 16, 2026, BWLP returned 131.5%, outperforming the S&P 500 (SPY) return of 16.8%. Over five years, the stock gained 1001.2% compared to 83.0% for the index.
BWLP dividend
BW LPG pays a forward annual dividend of $2.59 per share, equating to a dividend yield of 10.49%. The company distributes dividends quarterly and has paid them for 8 consecutive years, achieving an annualized 5-year dividend growth rate of 7.5%. Its payout ratio stands at 88.3%, and its last ex-dividend date was September 8, 2026.
What analysts expect
Consensus analyst estimates project revenue of $1.29B for the fiscal year ending December 31, 2026, followed by $783.6M for the next fiscal year, representing an expected revenue decline of 39.2%. Over the last four quarters, BW LPG beat EPS estimates in 1 quarter. The company's next earnings date is November 23, 2026.
Key risks and what to watch
- Revenue in the quarter ended June 30, 2026, declined 3.1% year-over-year, lagging the sector peer median quarterly growth of 23.1%.
- Net debt totaled $625.5M as of June 30, 2026, against $305.6M in cash and short-term investments.
- BW LPG beat EPS estimates in only 1 of the last 4 quarters, indicating inconsistent earnings delivery against forecasts.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this BWLP AI stock analysis
This page is an AI-written research summary of BW LPG Limited (BWLP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: BWLP income statement, BWLP balance sheet, BWLP key metrics, BWLP analyst forecast, BWLP chart. See the BWLP stock overview for the latest quote and news.
BWLP AI stock analysis FAQ
What is BW LPG's dividend yield and payment frequency?
BW LPG offers an annual forward dividend of $2.59, representing a dividend yield of 10.49%. Dividends are distributed on a quarterly frequency and the payout ratio is 88.3%.
When does BW LPG report its next earnings?
BW LPG is scheduled to report its next earnings on November 23, 2026.
How much debt does BW LPG have?
As of June 30, 2026, BW LPG held $931.1M in total debt and $305.6M in cash and short-term investments, leaving net debt at $625.5M. Its debt-to-equity ratio stood at 0.49.
How does BW LPG's valuation compare to other energy companies?
BW LPG trades at a trailing P/E of 8.4x and an EV-to-EBITDA of 5.3x, below the US-listed Energy peer medians of 15.0x and 8.0x. However, its forward P/E of 14.5x is higher than the peer median of 12.7x.