BWLP (BW LPG) Debt-to-EBITDA : 0.80 (As of Mar. 2026) — 66% Below Median


BWLP BW LPG Ltd BWLP
77 GF Score
Price $18.88
GF Value $10.48
Valuation Significantly Overvalued
! 6 Warning Signs
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What is BW LPG Debt-to-EBITDA?

BW LPG BWLP +2.78% 77 Debt-to-EBITDA is 0.80 as of Mar. 2026, which is 66% below its 10-year median of 2.34. GuruFocus rates BWLP with a GF Score™ of 77/100 and a GF Value™ of $10.48 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 703 Oil & Gas companies, BW LPG ranks better than 66.71% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

BW LPG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $173 Mil. BW LPG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $724 Mil. BW LPG's annualized EBITDA for the quarter that ended in Mar. 2026 was $1,123 Mil. BW LPG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.80.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for BW LPG's Debt-to-EBITDA or its related term are showing as below:

BWLP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.76   Med: 2.34   Max: 15.66
Current: 1.17

During the past 13 years, the highest Debt-to-EBITDA Ratio of BW LPG was 15.66. The lowest was 0.76. And the median was 2.34.

BWLP's Debt-to-EBITDA is ranked better than
66.71% of 703 companies
in the Oil & Gas industry
Industry Median: 2 vs BWLP: 1.17

BW LPG  (NYSE:BWLP) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


BW LPG Debt-to-EBITDA Related Terms


BW LPG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for BW LPG's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BW LPG Debt-to-EBITDA Chart

BW LPG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 1.65 0.76 1.81 1.62

BW LPG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.94 2.32 1.97 1.20 0.80

BWLP vs WMB, EPD, KMI: Debt-to-EBITDA Comparison

For the Oil & Gas Midstream subindustry, BW LPG's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BW LPG Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BW LPG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where BW LPG's Debt-to-EBITDA falls into.


BWLP
77GF Score
BW LPG Ltd BWLP
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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BW LPG Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

BW LPG's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(187.012 + 803.23) / 612.885
=1.62

BW LPG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(173.464 + 724.367) / 1123.164
=0.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.80 mean?
BW LPG (BWLP) has a Debt-to-EBITDA of 0.80 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BW LPG. This is 66% below median its historical median of 2.34. Over the past decade, BW LPG's Debt-to-EBITDA has ranged from 0.76 to 15.66. According to the industry distribution chart, BW LPG ranks #234 out of 703 companies in the Oil & Gas industry, placing it in the top 33.3%.
Is BW LPG's Debt-to-EBITDA too high?
BW LPG's current Debt-to-EBITDA of 0.80 is 66% below median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 15.66. The Oil & Gas industry median Debt-to-EBITDA is 2.00. BW LPG's value of 0.80 is 60% below this industry median. Based on the distribution chart, BW LPG ranks #234 out of 703 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, BW LPG has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BW LPG's Debt-to-EBITDA compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, BW LPG ranks #234 out of 703 companies for Debt-to-EBITDA. This puts BW LPG in the upper half of its industry. The industry median Debt-to-EBITDA is 2.00. BW LPG's value of 0.80 is 60% below this benchmark. Historically, BW LPG's own Debt-to-EBITDA has ranged from 0.76 to 15.66 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 2.00, BW LPG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.00, based on 703 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BW LPG's current Debt-to-EBITDA of 0.80 is 60% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BW LPG. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BW LPG's current Debt-to-EBITDA is 0.80, which is 66% below median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BW LPG stock overvalued right now?
Based on GuruFocus' analysis, BW LPG (BWLP) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.48, compared to a current price of $18.88 — trading 80.2% above its estimated fair value. The current Debt-to-EBITDA is 0.80, which is 66% below median its 10-year median of 2.34 and 60% below the Oil & Gas industry median of 2.00. BW LPG's overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For BW LPG (BWLP), the current Debt-to-EBITDA is 0.80 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BW LPG (BWLP) Overvalued in 2026?

Based on GuruFocus' analysis, BW LPG stock appears to be overvalued. The current stock price of $18.88 is trading 80.2% above its estimated GF Value™ of $10.48. GuruFocus considers BW LPG to be Significantly Overvalued.

Key valuation signals for BWLP:

  • Debt-to-EBITDA: 0.80 (66% below median its 10-year median of 2.34)
  • GF Value™: $10.48 vs. price of $18.88 (80.2% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 60% below the Oil & Gas median (#234 of 703)

No single metric tells the full story. See the BWLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BW LPG Business Description

Industry EnergyOil & Gas
Address c/o BW LPG Holding Pte Ltd, 10 Pasir Panjang Road, No. 17-02 Mapletree Business City, Singapore, SGP, 117438
BW LPG Ltd is an owner and operator of very large gas carriers. It operates in two segments: the Shipping segment, which includes LPG shipping and the Product Services segment, which includes the core shipping business. The Product Services segment derives the majority of the revenue.
77GF Score

Get the complete analysis for BWLP

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.88
Price
$10.48
GF Value