Private company

Boardwalk Pipeline Partners, LP

Last updated Oct 16, 2026.

Overview

  • IndustryNatural Gas Transmission
  • HeadquartersDE
  • Incorporated inDE2
  • Business address9 Greenway Plaza, Suite 2800, Houston, Tx 770462
  • Filer categoryNon-accelerated filer2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

32.7%Operating margin3
26.3%Net margin3
13.9%Revenue growth, 20253
$688.7MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs74¢$1.7B
  • Income tax0¢$1.7M
  • Profit26¢$594.7M

Out of $2.3B in revenue.3

Where each dollar of operating cash went, fiscal 2025

  • Capital spending34¢$353.9M
  • Dividends paid48¢$500.0M
  • Kept or used elsewhere18¢$188.7M

Out of $1.0B of cash from operations.3

Financial statements

Revenue45673$2.3B in 2025+79% since 2019
0$1.0B$2.0B$3.0B2019: $1.3B$1.3B20192020: $1.3B$1.3B2020−0%2021: $1.3B$1.3B2021+3%2022: $1.4B$1.4B2022+7%2023: $1.6B$1.6B2023+13%2024: $2.0B$2.0B2024+26%2025: $2.3B$2.3B2025+14%
Operating income45673$739.9M in 2025+56% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $473.7M$473.7M20192020: $454.6M$454.6M2020−4%2021: $467.1M$467.1M2021+3%2022: $499.2M$499.2M2022+7%2023: $526.2M$526.2M2023+5%2024: $657.7M$657.7M2024+25%2025: $739.9M$739.9M2025+12%
Net income45673$594.7M in 2025+101% since 2019
0$200.0M$400.0M$600.0M2019: $295.7M$295.7M20192020: $290.5M$290.5M2020−2%2021: $315.0M$315.0M2021+8%2022: $342.2M$342.2M2022+9%2023: $386.0M$386.0M2023+13%2024: $510.9M$510.9M2024+32%2025: $594.7M$594.7M2025+16%
Fiscal year2019202020212022202320242025
Revenue$1.3B4$1.3B5$1.3B6$1.4B7$1.6B3$2.0B3$2.3B3
Operating income$473.7M4$454.6M5$467.1M6$499.2M7$526.2M3$657.7M3$739.9M3
Interest$178.7M4$169.7M5$160.8M6$165.9M6$155.6M6
Income tax$500.0K4$300.0K5$700.0K6$800.0K7$800.0K3$1.1M3$1.7M3
Net income$295.7M4$290.5M5$315.0M6$342.2M7$386.0M3$510.9M3$594.7M3

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Recent filings

  1. Aug 3, 202610-Q BWP 2026 Q2 10-Q
  2. May 4, 202610-Q BWP 2026 Q1 10-Q
  3. Feb 10, 202610-K 10-K BWP 2025
  4. Nov 24, 20258-K
  5. Nov 17, 20258-K
  6. Nov 12, 20258-K BWP 2025 Q4 8-K RCA
  7. Nov 3, 202510-Q BWP 2025 Q3 10-Q
  8. Aug 4, 202510-Q BWP 2025 Q2 10Q
  9. May 5, 202510-Q BWP 2025 Q1 10-Q
  10. Feb 11, 202510-K 10-K BWP 2024
  11. Nov 4, 202410-Q BWP 2024 Q3 10-Q
  12. Jul 29, 202410-Q BWP 2024 Q2 10-Q
  13. May 6, 202410-Q BWP 10Q Q1 2024
  14. Feb 16, 20248-K
  15. Feb 9, 20248-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.1