BW LPGBWLP -3.59%77 Net Margin % is 19.58% as of Mar. 2026, which is 60% above its 10-year median of 12.27. GuruFocus rates BWLP with a GF Score™ of 77/100 and a GF Value™ of $11.10 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 916 Oil & Gas companies, BW LPG ranks better than 69.65% on this metric.
Net margin is calculated as Net Income divided by its Revenue. BW LPG's Net Income for the
three
months ended in Mar. 2026 was $164 Mil. BW LPG's Revenue for the
three
months ended in Mar. 2026 was $839 Mil. Therefore, BW LPG's net margin for the quarter that ended in Mar. 2026 was 19.58%.
The historical rank and industry rank for BW LPG's Net Margin % or its related term are showing as below:
BWLP'
s Net Margin % Range Over the Past 10 Years
Min: -13.68 Med: 12.27 Max: 33.51
Current: 10.06
BWLP's Net Margin % is ranked better than 69.65% of 916
companies
in the Oil & Gas industry
Industry Median: 3.435
vs BWLP: 10.06
BW LPG (NYSE:BWLP) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
BW LPG Net Margin % Related Terms
BW LPG Net Margin % Historical Data
* Premium members only.
The historical data trend for BW LPG's Net Margin % 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.
For the Oil & Gas Midstream subindustry, BW LPG's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, BW LPG's Net Margin % distribution charts can be found below:
* The bar in red indicates where BW LPG's Net Margin % falls into.
* 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 (BWLP) has a Net Margin % of 19.58% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on BW LPG and its competitors. This is 60% above median its historical median of 12.27. According to the industry distribution chart, BW LPG ranks #278 out of 916 companies in the Oil & Gas industry, placing it in the top 30.3%.
Is BW LPG's Net Margin % too high?
BW LPG's current Net Margin % of 19.58% is 60% above median its 10-year median of 12.27. The Oil & Gas industry median Net Margin % is 3.44. BW LPG's value of 19.58% is 470% above this industry median. Based on the distribution chart, BW LPG ranks #278 out of 916 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 Net Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, BW LPG ranks #278 out of 916 companies for Net Margin %. This puts BW LPG in the upper half of its industry. The industry median Net Margin % is 3.44. BW LPG's value of 19.58% is 470% above this benchmark. While the company's 10-year median is 12.27 vs. the industry median of 3.44, BW LPG has consistently been above 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 Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BW LPG's current Net Margin % of 19.58% is 470% above 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on BW LPG and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BW LPG's current Net Margin % is 19.58%, which is 60% above median its own 10-year median of 12.27. 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 $11.10, compared to a current price of $18.40 — trading 65.7% above its estimated fair value. The current Net Margin % is 19.58%, which is 60% above median its 10-year median of 12.27 and 470% above the Oil & Gas industry median of 3.44. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For BW LPG (BWLP), the current Net Margin % is 19.58% 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 $18.40 is trading 65.7% above its estimated GF Value™ of $11.10.
GuruFocus considers BW LPG to be Significantly Overvalued.
Key valuation signals for BWLP:
Net Margin %: 19.58% (60% above median its 10-year median of 12.27)
GF Value™: $11.10 vs. price of $18.40 (65.7% above fair value)
Industry Position: 470% above the Oil & Gas median (#278 of 916)
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 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
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