# BW LPG Limited share price today (BW LPG Limited, BWLP)

> BW LPG Limited's share price has risen faster than its earnings: +79.5% in a year, against −39.4% for earnings per share. BWLP · Energy · Oil & Gas Midstream · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/bwlp

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: $24.14 (+79.5% in a year)
- P/E: 7.7× (higher than 74% of the last 4.6 years)
- Revenue (Jun 2026): $1.0 B (−3.1% on a year ago)
- Profit (Jun 2026): $120 M (+243.9% on a year ago)
- Operating margin: 13.8% (+8.0 points on a year ago)
- ROE: 13%, FY25
- ROIC: 19.4%, against a 4.7% cost of capital: +14.7 points

The main question: the share price moved +79.5% in a year while yearly earnings per share moved −39.4%. The difference came from the market paying a higher multiple. ## What is the BW LPG Limited share price today? BW LPG Limited's share price was $24.14 at the close on 3 November 2026. It has been rising for 34 weeks. That is 18.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between $12 and $26, and at that close it sat 87% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 17 weeks in a row. Over the last 10 years the share price moved +558% while the S&P 500 moved +247%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does BW LPG Limited pay? BW LPG Limited paid $2.59 per share over the last four reported quarters. The most recent declaration was $0.95 for Jun 2026. At today's price of $24.14 that is a yield of 10.73%, based on dividends already paid, not a forecast. ## Which stock lists is BW LPG Limited on? BW LPG Limited is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is BW LPG Limited profitable? BW LPG Limited earned $120 M of net profit in the Jun 2026 quarter, +243.9% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY25 profit was $242 M. Over 4 years profit has grown 7.0% a year on average. That is 11.9% of the quarter's revenue. The same quarter a year earlier earned $34.9 M. For the full year, FY25 profit was $242 M (−31.6% on the year before). Why profit moved: revenue changed −3.1% on a year earlier and the margin moved +8.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +173.2% and revenue −0.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does BW LPG Limited make, and is it growing? BW LPG Limited reported $1.0 B of revenue in the Jun 2026 quarter, −3.1% on the same quarter a year earlier. Over 4 years it has grown 30.3% a year on average. The last full year, FY25, came in at $3.6 B. The last four reported quarters add to $3.5 B. FY25 revenue was $3.6 B, +0.5% on the year before. Recent pace: the last four quarters grew −0.5% on average, against 30.3% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −0.8%, against +0.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +105.8%, against −4.0% a year (accelerating). ## How much of every $100 of sales does BW LPG Limited keep? BW LPG Limited's operating margin was 13.8% in the Jun 2026 quarter, 8.0 percentage points higher than the same quarter a year ago. Across 5 years it has been between 8.1% and 16.4%. The latest quarter is within that range. Why the margin moved: operating margin changed +8.0 percentage points on the year while gross margin changed +9.3 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is BW LPG Limited's profit turning into cash? Over the last 3 years, 172% of BW LPG Limited's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $567 M of operating cash against $242 M of profit. After $182 M of spending on assets, $385 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does BW LPG Limited's cash go? BW LPG Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $900 M on assets over the last 3 years. Averaged over those years that is 8.4% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $900 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is BW LPG Limited's P/E ratio, and how does it compare with its own history? BW LPG Limited's P/E is 7.7×, near the high end of its own history: higher than 74% of past readings. Its usual P/E (the middle reading) is 5.2×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −39.4% while the price moved +79.5%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +17.3% a year; about −1.5% a year came from earnings growth and about +18.8 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the BW LPG Limited business getting better or worse? BW LPG Limited's business is turning around. Profit growth has swung from −55.2% at its low to +105.8%, improving for 3 quarters in a row, with ROCE rising at 19.8%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does BW LPG Limited earn on its capital? BW LPG Limited earned a ROE of 13% in FY25. Its return on capital used (ROIC) is 14.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 6.8% net margin and 1.14× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 6.8% net margin × 1.14× asset turnover × 1.64× leverage (assets divided by equity) ≈ 12.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 19.4% − 4.7% = +14.7 percentage points. The 4.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 19.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 10.1%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does BW LPG Limited have too much debt? BW LPG Limited has total debt of $933 M against shareholder equity of $2.1 B as of Jun 2026, so its debt is 0.45× its equity. Year by year, that ratio went from 0.63 in FY21 to 0.51 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the BW LPG Limited shareholding pattern? 1.7% of BW LPG Limited's tradable shares are in short positions, which are bets that the price will fall, so very few traders are betting against this stock. At normal trading volumes, closing those positions would take about 3.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is BW LPG Limited from balance-sheet trouble? For BW LPG Limited, the Z-score is 3.02. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 3.02 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does BW LPG Limited rank in its industry? There is no score against its industry: BW LPG Limited is not among the largest members shown in this industry comparison for Oil & Gas Midstream. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is BW LPG Limited compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to BW LPG Limited in size? BW LPG Limited is the 31st largest of 47 Oil & Gas Midstream companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Scorpio Tankers Inc., Excelerate Energy, Inc. and DHT Holdings, Inc. Just below it: SunocoCorp LLC, Teekay Tankers and Dorian LPG. ### Oil & Gas Midstream companies close in size

1. [Scorpio Tankers Inc.](https://www.sectoralpha.in/us/stocks/stng) $4.1 billion
2. [Excelerate Energy, Inc.](https://www.sectoralpha.in/us/stocks/ee) $4 billion
3. [DHT Holdings, Inc.](https://www.sectoralpha.in/us/stocks/dht) $3.9 billion
4. BW LPG Limited $3.7 billion
5. [SunocoCorp LLC](https://www.sectoralpha.in/us/stocks/sunc) $3.5 billion
6. [Teekay Tankers Ltd.](https://www.sectoralpha.in/us/stocks/tnk) $3.3 billion
7. [Dorian LPG Ltd.](https://www.sectoralpha.in/us/stocks/lpg) $2.2 billion

[All 47 Oil & Gas Midstream companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-midstream#all-companies)

### Companies close in size in other industries

1. [Enphase Energy, Inc.](https://www.sectoralpha.in/us/stocks/enph) $3.7 billion · Solar
2. [Manchester United plc](https://www.sectoralpha.in/us/stocks/manu) $3.7 billion · Entertainment
3. BW LPG Limited $3.7 billion
4. [Diodes Incorporated](https://www.sectoralpha.in/us/stocks/diod) $3.7 billion · Semiconductors
5. [Tango Therapeutics, Inc.](https://www.sectoralpha.in/us/stocks/tngx) $3.7 billion · Biotechnology

## What else do people ask about BW LPG Limited? ### What were BW LPG Limited Limited's latest quarterly results? BW LPG Limited reported revenue of $1.0 B and net profit of $120 M for the Jun 2026 quarter. Revenue fell 3.1% and profit rose 243.9% compared with a year earlier. Earnings per share were $0.79. The operating margin was 13.8%, 8.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is BW LPG Limited Limited's market cap? BW LPG Limited's market capitalisation is $3.7 B at a stock price of $24.14. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is BW LPG Limited Limited performing? BW LPG Limited's share price has been rising for 34 weeks. In its latest quarter, revenue fell 3.1% and profit rose 243.9% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 17 weeks running (as of 3 November 2026). ### Will BW LPG Limited Limited's stock price go up? This page does not forecast BW LPG Limited's stock price. What it shows instead: the stock price is $24.14, and it has been rising for 34 weeks. Its P/E of 7.7× is higher than 74% of its own last 5 years (as of 3 November 2026). ### Where is BW LPG Limited Limited in its business cycle? BW LPG Limited's FY25 operating margin was 8.1%, against a 5-year range of 8.1% to 16.4%: the low end of its own range, which is often where recoveries start. The latest quarter was 13.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the BW LPG Limited Limited story? The main question: the share price moved +79.5% in a year while yearly earnings per share moved −39.4%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is BW LPG Limited Limited a stock worth studying right now? What the numbers show: BW LPG Limited's share price has risen faster than its earnings: +79.5% in a year, against −39.4% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.