BW LPG (BWLP) Revenue & Revenue Breakdown


OverviewOwnershipFinancialsChartTranscripts

BW LPG Revenue Highlights


Latest Revenue (Y)

$3.06B

Latest Revenue (Q)

$1.01B

Main Segment (Y)

Cargo Sales

BW LPG Revenue by Period


BW LPG Revenue by Year

DateRevenueChange
2023-12-31$3.06B100.14%
2022-12-31$1.53B26.42%
2021-12-31$1.21B35.46%
2020-12-31$892.47M9.02%
2019-12-31$818.60M66.91%
2018-12-31$490.43M-1.32%
2017-12-31$496.98M0.57%
2016-12-31$494.16M-

BW LPG generated $3.06B in revenue during NA 2023, up 100.14% compared to the previous quarter, and up 623.66% compared to the same period a year ago.

BW LPG Revenue by Quarter

DateRevenueChange
2024-03-31$1.01B7.63%
2023-12-31$938.04M34.25%
2023-09-30$698.71M52.64%
2023-06-30$457.74M-47.60%
2023-03-31$873.57M-9.80%
2022-12-31$968.46M367.41%
2022-09-30$207.20M7.53%
2022-06-30$192.70M-5.58%
2022-03-31$204.08M12.56%
2021-12-31$181.31M15.83%
2021-09-30$156.53M-

BW LPG generated $1.01B in revenue during Q1 2024, up 7.63% compared to the previous quarter, and up 104.25% compared to the same period a year ago.

BW LPG Revenue Breakdown


BW LPG Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24
Cargo Sales$2.52B
Shipping income$27.70M
Spot Voyages$773.04M
Time Charter$189.76M

BW LPG's latest annual revenue breakdown by segment (product or service), as of Dec 24: Cargo Sales (71.79%), Spot Voyages (22.02%), Time Charter (5.40%), and Shipping income (0.79%).

BWLP Revenue FAQ


What is BW LPG’s yearly revenue?

BW LPG's yearly revenue for 2023 was $3.06B, representing an increase of 100.14% compared to 2022. The company's yearly revenue for 2022 was $1.53B, representing an increase of 26.42% compared to 2021. BWLP's yearly revenue for 2021 was $1.21B, representing an increase of 35.46% compared to 2020.

What is BW LPG’s quarterly revenue?

BW LPG's quarterly revenue for Q1 2024 was $1.01B, a 7.63% increase from the previous quarter (Q4 2023), and a 15.57% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $938.04M, a 34.25% increase from the previous quarter (Q3 2023), and a -3.14% decrease year-over-year (Q4 2022). BWLP's quarterly revenue for Q3 2023 was $698.71M, a 52.64% increase from the previous quarter (Q2 2023), and a 237.22% increase year-over-year (Q3 2022).

What is BW LPG’s revenue growth rate?

BW LPG's revenue growth rate for the last 3 years (2021-2023) was 153.01%, and for the last 5 years (2019-2023) was 273.64%.

What are BW LPG’s revenue streams?

BW LPG's revenue streams in c 24 are Cargo Sales, Shipping income, Spot Voyages, and Time Charter. Cargo Sales generated $2.52B in revenue, accounting 71.79% of the company's total revenue Shipping income generated $27.7M in revenue, accounting 0.79% of the company's total revenue Spot Voyages generated $773.04M in revenue, accounting 22.02% of the company's total revenue Time Charter generated $189.76M in revenue, accounting 5.40% of the company's total revenue

What is BW LPG’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of BW LPG was Cargo Sales. This segment made a revenue of $2.52B, representing 71.79% of the company's total revenue.