BW LPG Limited (BWLP) financial statements
Net income was $242M.
Free cash flow was $385M, and the company returned $241M in dividends and $3M in net buybacks.
The diluted share count rose 12% over the period (dilution).
Income statement
Fiscal years, from BW LPG Limited's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Selling, general and admin | $32M | $57M | $71M | $76M |
| Operating income | $271M | $524M | $434M | $348M |
| Interest expense | $30M | $27M | $20M | $53M |
| Pre-tax income | $240M | $504M | $425M | $304M |
| Income tax | $1M | $11M | $30M | $14M |
| Net income | $227M | $470M | $354M | $242M |
| EPS (diluted) | $1.68 | $3.53 | $2.64 | $1.60 |
| Diluted shares | 135M | 133M | 134M | 152M |
Balance sheet
Fiscal years, from BW LPG Limited's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash and short-term investments | — | $288M | $280M | $242M |
| Receivables | — | $315M | $203M | $231M |
| Inventory | — | $189M | $77M | $124M |
| Total current assets | — | $879M | $678M | $644M |
| Property, plant and equipment | — | $1.6B | $2.6B | $2.5B |
| Total assets | — | $2.5B | $3.3B | $3.1B |
| Total current liabilities | — | $655M | $610M | $421M |
| Long-term debt | — | $200M | $712M | $730M |
| Total liabilities | — | $934M | $1.4B | $1.2B |
| Shareholders' equity | $1.6B | $1.5B | $1.8B | $1.8B |
| Net debt | — | $125M | $662M | $611M |
Cash flow
Fiscal years, from BW LPG Limited's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating cash flow | $505M | $513M | $749M | $567M |
| Capital spending | $46M | $117M | $602M | $182M |
| Free cash flow | $459M | $397M | $147M | $385M |
| Stock-based compensation | $1M | $2M | $2M | $2M |
| Dividends paid | $127M | $433M | $410M | $241M |
| Share buybacks (net) | -$26M | -$24M | -$100,000 | -$3M |
| Net borrowing | -$322M | -$100M | $413M | -$54M |
| Dividends per share | $0.94 | $3.26 | $3.06 | $1.59 |
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How much free cash flow does BW LPG Limited generate?
$385M in fiscal 2025 (operating cash flow minus capital spending).
From BW LPG Limited's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.