Oil & Gas Midstream
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FLNG vs TK
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Midstream
FLNG vs TK — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Oil & Gas Midstream | Oil & Gas Midstream |
| Market Cap | $1.74B | $1.18B |
| Revenue (TTM) | $348M | $993M |
| Net Income (TTM) | $75M | $79M |
| Gross Margin | 52.9% | 28.1% |
| Operating Margin | 50.6% | 24.8% |
| Forward P/E | 18.5x | 64.0x |
| Total Debt | $1.85B | $66M |
| Cash & Equiv. | $448M | $685M |
FLNG vs TK — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| FLEX LNG Ltd. (FLNG) | 100 | 700.9 | +600.9% |
| Teekay Corporation (TK) | 100 | 480.9 | +380.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: FLNG vs TK
Each card shows where this stock fits in a portfolio — not just who wins on paper.
FLNG carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 0.15, yield 9.3%
- Rev growth -2.4%, EPS growth -36.7%, 3Y rev CAGR -0.0%
- 240.5% 10Y total return vs TK's 97.1%
TK is the clearest fit if your priority is momentum and efficiency.
- +91.5% vs FLNG's +47.0%
- 3.5% ROA vs FLNG's 2.9%, ROIC 19.1% vs 6.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | -2.4% revenue growth vs TK's -16.7% | |
| Value | Lower P/E (18.5x vs 64.0x) | |
| Quality / Margins | 21.5% margin vs TK's 7.9% | |
| Stability / Safety | Beta 0.15 vs TK's 0.38 | |
| Dividends | 9.3% yield, 2-year raise streak, vs TK's 6.5% | |
| Momentum (1Y) | +91.5% vs FLNG's +47.0% | |
| Efficiency (ROA) | 3.5% ROA vs FLNG's 2.9%, ROIC 19.1% vs 6.1% |
FLNG vs TK — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
FLNG vs TK — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
FLNG leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
TK is the larger business by revenue, generating $993M annually — 2.9x FLNG's $348M. FLNG is the more profitable business, keeping 21.5% of every revenue dollar as net income compared to TK's 7.9%. On growth, FLNG holds the edge at -3.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $348M | $993M |
| EBITDAEarnings before interest/tax | $252M | $334M |
| Net IncomeAfter-tax profit | $75M | $79M |
| Free Cash FlowCash after capex | $133M | $241M |
| Gross MarginGross profit ÷ Revenue | +52.9% | +28.1% |
| Operating MarginEBIT ÷ Revenue | +50.6% | +24.8% |
| Net MarginNet income ÷ Revenue | +21.5% | +7.9% |
| FCF MarginFCF ÷ Revenue | +38.4% | +24.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | -3.7% | -29.0% |
| EPS Growth (YoY)Latest quarter vs prior year | -52.4% | -2.4% |
Valuation Metrics
TK leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 9.9x trailing earnings, TK trades at a 58% valuation discount to FLNG's 23.4x P/E. On an enterprise value basis, TK's 1.2x EV/EBITDA is more attractive than FLNG's 12.5x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.7B | $1.2B |
| Enterprise ValueMkt cap + debt − cash | $3.1B | $565M |
| Trailing P/EPrice ÷ TTM EPS | 23.36x | 9.92x |
| Forward P/EPrice ÷ next-FY EPS est. | 18.53x | 64.05x |
| PEG RatioP/E ÷ EPS growth rate | 0.42x | — |
| EV / EBITDAEnterprise value multiple | 12.46x | 1.23x |
| Price / SalesMarket cap ÷ Revenue | 5.02x | 0.97x |
| Price / BookPrice ÷ Book value/share | 2.42x | 0.68x |
| Price / FCFMarket cap ÷ FCF | 12.93x | 3.02x |
Profitability & Efficiency
TK leads this category, winning 8 of 9 comparable metrics.
Profitability & Efficiency
FLNG delivers a 10.4% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $4 for TK. TK carries lower financial leverage with a 0.03x debt-to-equity ratio, signaling a more conservative balance sheet compared to FLNG's 2.57x. On the Piotroski fundamental quality scale (0–9), TK scores 6/9 vs FLNG's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +10.4% | +4.0% |
| ROA (TTM)Return on assets | +2.9% | +3.5% |
| ROICReturn on invested capital | +6.1% | +19.1% |
| ROCEReturn on capital employed | +7.1% | +18.1% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 6 |
| Debt / EquityFinancial leverage | 2.57x | 0.03x |
| Net DebtTotal debt minus cash | $1.4B | -$620M |
| Cash & Equiv.Liquid assets | $448M | $685M |
| Total DebtShort + long-term debt | $1.8B | $66M |
| Interest CoverageEBIT ÷ Interest expense | 1.81x | 69.29x |
Total Returns (Dividends Reinvested)
TK leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in TK five years ago would be worth $51,229 today (with dividends reinvested), compared to $39,349 for FLNG. Over the past 12 months, TK leads with a +91.5% total return vs FLNG's +47.0%. The 3-year compound annual growth rate (CAGR) favors TK at 51.1% vs FLNG's 8.4% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +33.7% | +59.8% |
| 1-Year ReturnPast 12 months | +47.0% | +91.5% |
| 3-Year ReturnCumulative with dividends | +27.6% | +244.7% |
| 5-Year ReturnCumulative with dividends | +293.5% | +412.3% |
| 10-Year ReturnCumulative with dividends | +240.5% | +97.1% |
| CAGR (3Y)Annualised 3-year return | +8.4% | +51.1% |
Risk & Volatility
Evenly matched — FLNG and TK each lead in 1 of 2 comparable metrics.
Risk & Volatility
FLNG is the less volatile stock with a 0.15 beta — it tends to amplify market swings less than TK's 0.38 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.15x | 0.38x |
| 52-Week HighHighest price in past year | $33.40 | $14.22 |
| 52-Week LowLowest price in past year | $21.72 | $7.12 |
| % of 52W HighCurrent price vs 52-week peak | +96.5% | +99.1% |
| RSI (14)Momentum oscillator 0–100 | 57.0 | 60.2 |
| Avg Volume (50D)Average daily shares traded | 617K | 513K |
Analyst Outlook
Evenly matched — FLNG and TK each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates FLNG as "Hold" and TK as "Buy". For income investors, FLNG offers the higher dividend yield at 9.31% vs TK's 6.47%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $24.00 | — |
| # AnalystsCovering analysts | 2 | 14 |
| Dividend YieldAnnual dividend ÷ price | +9.3% | +6.5% |
| Dividend StreakConsecutive years of raises | 2 | 3 |
| Dividend / ShareAnnual DPS | $3.00 | $0.91 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +9.8% |
TK leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). FLNG leads in 1 (Income & Cash Flow). 2 tied.
FLNG vs TK: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is FLNG or TK a better buy right now?
For growth investors, FLEX LNG Ltd.
(FLNG) is the stronger pick with -2. 4% revenue growth year-over-year, versus -16. 7% for Teekay Corporation (TK). Teekay Corporation (TK) offers the better valuation at 9. 9x trailing P/E (64. 0x forward), making it the more compelling value choice. Analysts rate Teekay Corporation (TK) a "Buy" — based on 14 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — FLNG or TK?
On trailing P/E, Teekay Corporation (TK) is the cheapest at 9.
9x versus FLEX LNG Ltd. at 23. 4x. On forward P/E, FLEX LNG Ltd. is actually cheaper at 18. 5x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — FLNG or TK?
Over the past 5 years, Teekay Corporation (TK) delivered a total return of +412.
3%, compared to +293. 5% for FLEX LNG Ltd. (FLNG). Over 10 years, the gap is even starker: FLNG returned +240. 5% versus TK's +97. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — FLNG or TK?
By beta (market sensitivity over 5 years), FLEX LNG Ltd.
(FLNG) is the lower-risk stock at 0. 15β versus Teekay Corporation's 0. 38β — meaning TK is approximately 149% more volatile than FLNG relative to the S&P 500. On balance sheet safety, Teekay Corporation (TK) carries a lower debt/equity ratio of 3% versus 3% for FLEX LNG Ltd. — giving it more financial flexibility in a downturn.
05Which is growing faster — FLNG or TK?
By revenue growth (latest reported year), FLEX LNG Ltd.
(FLNG) is pulling ahead at -2. 4% versus -16. 7% for Teekay Corporation (TK). On earnings-per-share growth, the picture is similar: Teekay Corporation grew EPS -7. 8% year-over-year, compared to -36. 7% for FLEX LNG Ltd.. Over a 3-year CAGR, TK leads at 21. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — FLNG or TK?
FLEX LNG Ltd.
(FLNG) is the more profitable company, earning 21. 5% net margin versus 11. 0% for Teekay Corporation — meaning it keeps 21. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FLNG leads at 50. 6% versus 29. 9% for TK. At the gross margin level — before operating expenses — FLNG leads at 52. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is FLNG or TK more undervalued right now?
On forward earnings alone, FLEX LNG Ltd.
(FLNG) trades at 18. 5x forward P/E versus 64. 0x for Teekay Corporation — 45. 5x cheaper on a one-year earnings basis.
08Which pays a better dividend — FLNG or TK?
All stocks in this comparison pay dividends.
FLEX LNG Ltd. (FLNG) offers the highest yield at 9. 3%, versus 6. 5% for Teekay Corporation (TK).
09Is FLNG or TK better for a retirement portfolio?
For long-horizon retirement investors, FLEX LNG Ltd.
(FLNG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 15), 9. 3% yield, +240. 5% 10Y return). Both have compounded well over 10 years (FLNG: +240. 5%, TK: +97. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between FLNG and TK?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: FLNG is a small-cap income-oriented stock; TK is a small-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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