FLEX LNG Ltd.(FLNG)Earnings, Financials & Key Ratios
FLNG•NYSE
21.6× P/E·Price updated Jun 19, 2026
AboutFlex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of February 16, 2022, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and four vessels with generation X dual fuel propulsion systems. It also provides chartering and management services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.Show more
- Revenue$348M-2.4%
- EBITDA$252M-7.6%
- Net Income$75M-36.4%
- EPS (Diluted)1.38-36.7%
- Gross Margin52.86%-9.3%
- EBITDA Margin72.61%-5.3%
- Operating Margin50.57%-8.9%
- Net Margin21.52%-34.8%
- ROE9.81%-31.1%
FLNG Key Insights
FLEX LNG Ltd. (FLNG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 56.0%
- ✓FCF machine: 38.8% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 16.1%
- ✓Healthy 5Y average net margin of 37.6%
✗Weaknesses
- ✗High debt to equity ratio of 2.6x
- ✗Dividend payout exceeds 100% of earnings
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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FLNG Price & Volume
FLEX LNG Ltd. (FLNG) stock price & volume — 10-year historical chart
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FLNG Growth Metrics
FLEX LNG Ltd. (FLNG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years16.15%
3 Years-0.03%
TTM-4.2%
Profit CAGR
10 Years-
5 Years55.97%
3 Years-26.45%
TTM-26.74%
EPS CAGR
10 Years-
5 Years55.87%
3 Years-26.74%
TTM-26.7%
Return on Capital
10 Years4.76%
5 Years8.05%
3 Years7.81%
Last Year7.08%
FLNG Recent Earnings
FLEX LNG Ltd. (FLNG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 13, 2026Metric
Actual
Est
EPS
$0.31-14.2%
$0.36
Rev
$81M+0.2%
$80M
Q1 2026
Feb 11, 2026Metric
Actual
Est
EPS
$0.43-0.9%
$0.43
Rev
$88M+3.6%
$84M
Q4 2025
Nov 12, 2025Metric
Actual
Est
EPS
$0.43-29.7%
$0.61
Rev
$86M-1.2%
$87M
Q3 2025
Aug 20, 2025Metric
Actual
Est
EPS
$0.46+2.2%
$0.45
Rev
$86M+1.8%
$84M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 13, 2026 | $0.31vs $0.36-14.2% | $81Mvs $80M+0.2% |
| Q1 2026 | Feb 11, 2026 | $0.43vs $0.43-0.9% | $88Mvs $84M+3.6% |
| Q4 2025 | Nov 12, 2025 | $0.43vs $0.61-29.7% | $86Mvs $87M-1.2% |
| Q3 2025 | Aug 20, 2025 | $0.46vs $0.45+2.2% | $86Mvs $84M+1.8% |
Based on last 12 quarters of dataView full earnings history →
FLNG Peer Comparison
FLEX LNG Ltd. (FLNG) competitors in LNG Export Terminals and Shipping — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GLNG | 5.05B | 49.60 | 76.31 | 51.14% | 30.1% | 6.4% | 1.33 | |
 CLCO | 511.23M | 9.67 | 5.31 | -10.76% | 17.84% | 7.48% | 1.72 | |
 DLNG | 128.43M | 3.53 | 2.09 | 0.14% | 41.6% | 14.03% | 0.59 | |
 TK | 1.03B | 11.91 | 10.45 | -22.19% | 7.95% | 4.09% | 0.02 | |
 TNK | 2.58B | 74.45 | 7.37 | -22.58% | 42.6% | 21.4% | 0.03 | |
 STNG | 4.17B | 80.58 | 11.46 | -24.58% | 48.44% | 15.85% | 0.19 | |
 INSW | 4.18B | 84.49 | 13.56 | -11.38% | 55.39% | 27.13% | 0.29 | |
 NAT | 1.24B | 5.85 | 100.86 | -16.39% | 16.26% | 11.76% | 0.95 |
Compare FLNG vs Peers
FLEX LNG Ltd. (FLNG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FLNG Income Statement
FLEX LNG Ltd. (FLNG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 27.33M | 77.21M | 119.97M | 164.46M | 343.45M | 347.92M | 371.02M | 356.35M | 347.64M | 339.66M |
Revenue Growth % | - | 182.52% | 55.38% | 37.09% | 108.83% | 1.3% | 6.64% | -3.95% | -2.44% | -4.2% |
Cost of Goods Sold | 36.53M | 43.57M | 57.45M | 82.54M | 134.4M | 138.16M | 143.4M | 148.77M | 163.87M | 168.92M |
COGS % of Revenue | 133.68% | 56.44% | 47.89% | 50.19% | 39.13% | 39.71% | 38.65% | 41.75% | 47.14% | - |
Gross Profit | -10.24M▲ 0% | 33.64M▲ 428.3% | 62.51M▲ 85.9% | 81.92M▲ 31.0% | 209.04M▲ 155.2% | 209.76M▲ 0.3% | 227.62M▲ 8.5% | 207.58M▼ 8.8% | 183.77M▼ 11.5% | 170.74M▲ 0% |
Gross Margin % | -37.49% | 43.56% | 52.11% | 49.81% | 60.87% | 60.29% | 61.35% | 58.25% | 52.86% | 50.27% |
Gross Profit Growth % | -1278.87% | 428.32% | 85.85% | 31.05% | 155.17% | 0.34% | 8.52% | -8.81% | -11.47% | - |
Operating Expenses | 3.41M | 4.64M | 7.51M | 6.3M | 7.89M | 9.15M | 10.47M | 9.79M | 7.97M | 7.99M |
OpEx % of Revenue | 12.47% | 6.01% | 6.26% | 3.83% | 2.3% | 2.63% | 2.82% | 2.75% | 2.29% | - |
Selling, General & Admin | 3.41M | 4.64M | 7.51M | 6.3M | 7.89M | 9.15M | 10.47M | 9.79M | 7.97M | 7.99M |
SG&A % of Revenue | 12.47% | 6.01% | 6.26% | 3.83% | 2.3% | 2.63% | 2.82% | 2.75% | 2.29% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | 2K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Operating Income | -12.61M▲ 0% | 29M▲ 329.9% | 55.01M▲ 89.7% | 75.62M▲ 37.5% | 201.16M▲ 166.0% | 200.62M▼ 0.3% | 217.16M▲ 8.2% | 197.79M▼ 8.9% | 175.8M▼ 11.1% | 162.75M▲ 0% |
Operating Margin % | -46.16% | 37.56% | 45.85% | 45.98% | 58.57% | 57.66% | 58.53% | 55.51% | 50.57% | 47.92% |
Operating Income Growth % | -749.43% | 329.88% | 89.7% | 37.47% | 166.01% | -0.27% | 8.25% | -8.92% | -11.12% | - |
EBITDA | -12.61M | 46.41M | 83.75M | 117.47M | 270.99M | 272.84M | 290.52M | 273.27M | 252.42M | 240.07M |
EBITDA Margin % | -46.15% | 60.11% | 69.81% | 71.42% | 78.9% | 78.42% | 78.3% | 76.69% | 72.61% | 70.68% |
EBITDA Growth % | -750.44% | 467.97% | 80.47% | 40.25% | 130.7% | 0.68% | 6.48% | -5.94% | -7.63% | -10.63% |
D&A (Non-Cash Add-back) | 2K | 17.41M | 28.75M | 41.85M | 69.83M | 72.22M | 73.36M | 75.48M | 76.62M | 77.32M |
EBIT | -10.16M | 29.55M | 51.02M | 49.99M | 218.53M | 264.74M | 228.84M | 223.4M | 167.52M | 160.86M |
Net Interest Income | -111K | -17.17M | -32.91M | -41.48M | -56.04M | -74.59M | -103.86M | -101.12M | -88.54M | -86.61M |
Interest Income | 123K | 607K | 1.07M | 327K | 41K | 2M | 4.87M | 4.47M | 4.09M | 4M |
Interest Expense | 234K | 17.78M | 33.88M | 41.8M | 56.22M | 76.6M | 108.72M | 105.59M | 92.63M | 90.61M |
Other Income/Expense | 2.22M | -17.23M | -37.86M | -67.43M | -38.85M | -12.47M | -97.04M | -79.98M | -100.91M | -87.08M |
Pretax Income | -10.39M▲ 0% | 11.77M▲ 213.3% | 17.15M▲ 45.7% | 8.19M▼ 52.2% | 162.3M▲ 1882.0% | 188.14M▲ 15.9% | 120.12M▼ 36.2% | 117.82M▼ 1.9% | 74.9M▼ 36.4% | 75.67M▲ 0% |
Pretax Margin % | -38.02% | 15.24% | 14.29% | 4.98% | 47.26% | 54.08% | 32.37% | 33.06% | 21.54% | 22.28% |
Income Tax | 17K | -10K | 182K | 84K | 99K | 98K | 78K | 132K | 82K | 72K |
Effective Tax Rate % | -0.16% | -0.08% | 1.06% | 1.03% | 0.06% | 0.05% | 0.06% | 0.11% | 0.11% | 0.1% |
Net Income | -10.41M▲ 0% | 11.78M▲ 213.2% | 16.97M▲ 44.0% | 8.11M▼ 52.2% | 162.21M▲ 1901.3% | 188.04M▲ 15.9% | 120.04M▼ 36.2% | 117.68M▼ 2.0% | 74.81M▼ 36.4% | 75.6M▲ 0% |
Net Margin % | -38.08% | 15.26% | 14.14% | 4.93% | 47.23% | 54.05% | 32.35% | 33.02% | 21.52% | 22.26% |
Net Income Growth % | -481.78% | 213.17% | 44.04% | -52.23% | 1901.3% | 15.93% | -36.16% | -1.96% | -36.43% | -26.74% |
Net Income (Continuing) | -10.41M | 11.78M | 16.97M | 8.11M | 162.21M | 188.04M | 120.04M | 117.68M | 74.81M | 75.6M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -0.34▲ 0% | 0.29▲ 185.3% | 0.31▲ 6.9% | 0.15▼ 51.6% | 3.04▲ 1926.7% | 3.51▲ 15.5% | 2.22▼ 36.8% | 2.18▼ 1.8% | 1.38▼ 36.7% | 1.40▲ 0% |
EPS Growth % | -142.86% | 185.29% | 6.9% | -51.61% | 1926.67% | 15.46% | -36.75% | -1.8% | -36.7% | -26.7% |
EPS (Basic) | -0.34 | 0.29 | 0.31 | 0.15 | 3.04 | 3.53 | 2.24 | 2.19 | 1.38 | - |
Diluted Shares Outstanding | 30.76M | 40.59M | 54.25M | 54.27M | 53.34M | 53.52M | 53.99M | 54.03M | 54.09M | 54.09M |
Basic Shares Outstanding | 30.61M | 40.45M | 54.11M | 54.1M | 53.32M | 53.2M | 53.7M | 53.85M | 54.09M | 54.09M |
Dividend Payout Ratio | - | - | 31.89% | 133.47% | 60.99% | 98.96% | 120.78% | 137.38% | 216.89% | - |
FLNG Balance Sheet
FLEX LNG Ltd. (FLNG) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 17.57M | 60.42M | 143.89M | 157.84M | 224.89M | 354.05M | 443.06M | 474.38M | 503.27M | 469.51M |
Cash & Short-Term Investments | 9.96M | 54.93M | 129M | 128.88M | 200.65M | 332.33M | 410.43M | 437.15M | 447.7M | 389.07M |
Cash Only | 9.96M | 54.93M | 129M | 128.88M | 200.65M | 332.33M | 410.43M | 437.15M | 447.7M | 389.07M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 486K | 3.9M | 5.42M | 4.05M | 5.27M | 4.86M | 19.93M | 1.4M | 340K | 653K |
Days Sales Outstanding | 6.49 | 18.41 | 16.51 | 8.99 | 5.6 | 5.1 | 19.6 | 1.44 | 0.36 | 11.94 |
Inventory | 1.04M | 915K | 2.69M | 3.66M | 6.45M | 5.26M | 5.09M | 4.82M | 9M | 6.32M |
Days Inventory Outstanding | 10.4 | 7.66 | 17.06 | 16.17 | 17.52 | 13.9 | 12.96 | 11.84 | 20.06 | 15.08 |
Other Current Assets | 486K | 165K | 3.99M | 9.92M | 10.03M | 5.66M | 119K | 24.25M | 46.23M | 73.48M |
Total Non-Current Assets | 666.94M | 1.23B | 1.5B | 2.15B | 2.35B | 2.33B | 2.27B | 2.19B | 2.12B | 2.11B |
Property, Plant & Equipment | 666.94M | 1.23B | 1.15B | 1.86B | 2.34B | 2.27B | 2.22B | 2.15B | 2.1B | 2.09B |
Fixed Asset Turnover | 0.04x | 0.06x | 0.10x | 0.09x | 0.15x | 0.15x | 0.17x | 0.17x | 0.17x | 0.16x |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long-Term Investments | 0 | 0 | 636K | 109K | 5.86M | 55.52M | 48.83M | 40.09M | 18.05M | 81.27M |
Other Non-Current Assets | 0 | 0 | 349.47M | 289.6M | 0 | 0 | 0 | 0 | 0 | 3.03M |
Total Assets | 684.51M▲ 0% | 1.29B▲ 89.1% | 1.64B▲ 26.8% | 2.3B▲ 40.4% | 2.57B▲ 11.7% | 2.68B▲ 4.1% | 2.71B▲ 1.1% | 2.67B▼ 1.5% | 2.62B▼ 1.7% | 2.58B▲ 0% |
Asset Turnover | 0.04x | 0.06x | 0.07x | 0.07x | 0.13x | 0.13x | 0.14x | 0.13x | 0.13x | 0.13x |
Asset Growth % | 219.67% | 89.1% | 26.8% | 40.38% | 11.67% | 4.14% | 1.11% | -1.49% | -1.69% | 2.03% |
Total Current Liabilities | 4.41M | 35.46M | 57.73M | 131.83M | 131.59M | 153.2M | 153.27M | 158.78M | 165.83M | 172.43M |
Accounts Payable | 76K | 592K | 582K | 3.37M | 2.02M | 1.79M | 3.51M | 2M | 10.51M | 7.5M |
Days Payables Outstanding | 0.76 | 4.96 | 3.7 | 14.92 | 5.47 | 4.74 | 8.93 | 4.91 | 23.41 | 16.05 |
Short-Term Debt | 0 | 23.36M | 36.94M | 87.9M | 86.24M | 95.51M | 103.87M | 106.71M | 109.63M | 110.19M |
Deferred Revenue (Current) | 2.6M | 2.56M | 0 | 0 | 0 | 0 | 32.44M | 0 | 0 | 30.59M |
Other Current Liabilities | 58K | 2.3M | 13.29M | 26.25M | 30.41M | 34.89M | 482K | 49.6M | 45.69M | 54.73M |
Current Ratio | 3.99x | 1.70x | 2.49x | 1.20x | 1.71x | 2.31x | 2.89x | 2.99x | 3.03x | 2.72x |
Quick Ratio | 3.75x | 1.68x | 2.45x | 1.17x | 1.66x | 2.28x | 2.86x | 2.96x | 2.98x | 2.69x |
Cash Conversion Cycle | 16.13 | 21.12 | 29.87 | 10.24 | 17.65 | 14.25 | 23.63 | 8.36 | -2.99 | 10.96 |
Total Non-Current Liabilities | 160M | 431.6M | 744.28M | 1.34B | 1.55B | 1.62B | 1.71B | 1.7B | 1.74B | 1.71B |
Long-Term Debt | 160M | 431.6M | 302.36M | 757.19M | 841.5M | 1.02B | 1.71B | 676.89M | 1.74B | 1.71B |
Capital Lease Obligations | 0 | 155.53M | 441.92M | 579.82M | 710.45M | 597.8M | 0 | 1.03B | 0 | 1.98B |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | -155.53M | 2K | 0 | 1 | 0 | 0 | 0 | 163K | 3.03M |
Total Liabilities | 164.41M | 467.06M | 802.02M | 1.47B | 1.68B | 1.77B | 1.86B | 1.86B | 1.9B | 1.89B |
Total Debt | 160M | 454.97M | 781.22M | 1.42B | 1.64B | 1.71B | 1.81B | 1.81B | 1.85B | 1.82B |
Net Debt | 150.04M | 400.04M | 652.22M | 1.3B | 1.44B | 1.38B | 1.4B | 1.37B | 1.4B | 1.43B |
Debt / Equity | 0.31x | 0.55x | 0.93x | 1.71x | 1.84x | 1.89x | 2.14x | 2.24x | 2.57x | 2.61x |
Debt / EBITDA | - | 9.80x | 9.33x | 12.13x | 6.05x | 6.28x | 6.24x | 6.62x | 7.32x | 7.59x |
Net Debt / EBITDA | - | 8.62x | 7.79x | 11.03x | 5.30x | 5.07x | 4.82x | 5.02x | 5.55x | 5.96x |
Interest Coverage | -43.41x | 1.66x | 1.51x | 1.20x | 3.89x | 3.46x | 2.10x | 2.12x | 1.81x | 1.78x |
Total Equity | 520.1M▲ 0% | 827.32M▲ 59.1% | 839.26M▲ 1.4% | 835.17M▼ 0.5% | 889.39M▲ 6.5% | 907.09M▲ 2.0% | 847.65M▼ 6.6% | 806.63M▼ 4.8% | 719.26M▼ 10.8% | 698.2M▲ 0% |
Equity Growth % | 152.55% | 59.07% | 1.44% | -0.49% | 6.49% | 1.99% | -6.55% | -4.84% | -10.83% | -37.29% |
Book Value per Share | 16.91 | 20.38 | 15.47 | 15.39 | 16.67 | 16.95 | 15.70 | 14.93 | 13.30 | 12.91 |
Total Shareholders' Equity | 520.1M | 827.32M | 839.26M | 835.17M | 889.39M | 907.09M | 847.65M | 806.63M | 719.26M | 698.2M |
Common Stock | 3.68M | 5.41M | 5.41M | 5.41M | 5.41M | 5.45M | 5.45M | 545K | 545K | 545K |
Retained Earnings | -379.53M | -367.75M | -356.19M | -358.91M | -295.63M | -293.69M | -354.87M | -277.49M | -202.68M | -183.16M |
Treasury Stock | 0 | 0 | 0 | -1.66M | -9.45M | -8.08M | -7.56M | -4.22M | -4.18M | -4.18M |
Accumulated OCI | -5K | -17.41M | 0 | 0 | 0 | 0 | 0 | 0 | 221.27M | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
FLNG Cash Flow Statement
FLEX LNG Ltd. (FLNG) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | -17.72M | 35.71M | 51.53M | 89.3M | 214.84M | 208.87M | 175.03M | 182.8M | 134.85M | 102.85M |
Operating CF Margin % | -64.85% | 46.26% | 42.95% | 54.3% | 62.56% | 60.03% | 47.18% | 51.3% | 38.79% | - |
Operating CF Growth % | -1542.54% | 301.51% | 44.27% | 73.32% | 140.58% | -2.78% | -16.2% | 4.44% | -26.23% | -186.4% |
Net Income | -10.39M | 11.78M | 16.97M | 8.11M | 162.21M | 188.04M | 120.04M | 117.68M | 74.81M | 75.6M |
Depreciation & Amortization | 2K | 17.41M | 28.75M | 41.85M | 69.83M | 72.22M | 73.36M | 75.48M | 76.62M | 77.32M |
Stock-Based Compensation | 115K | 202K | 324K | 284K | -1.27M | 0 | 1.75M | 1.06M | 0 | 23K |
Deferred Taxes | -2.4M | 22K | 1.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 111K | -518K | 4.54M | 30.02M | -22.5M | -65.81M | -953K | -10.77M | -1.7M | -22.81M |
Working Capital Changes | -5.16M | 6.82M | -764K | 9.05M | 6.58M | 14.41M | -19.16M | -664K | -14.88M | -27.27M |
Change in Receivables | -6.55M | -995K | -5.42M | 149K | -62K | 168K | 0 | 100K | 346K | -512.68K |
Change in Inventory | -1.04M | 126K | -1.77M | -970K | -2.8M | 1.19M | 169K | 267K | -4.18M | -1.25M |
Change in Payables | 272K | 516K | -10K | 2.79M | -1.36M | -222K | 1.71M | -1.51M | 8.51M | 3.67M |
Cash from Investing | -77.71M | -584.43M | -291.54M | -691.39M | -265.93M | -5K | -2K | -4K | 0 | 0 |
Capital Expenditures | -77.71M | -584.43M | -291.54M | -691.39M | -265.93M | -5K | -2K | -4K | 0 | 0 |
CapEx % of Revenue | 284.36% | 756.95% | 243.02% | 420.39% | 77.43% | 0% | 0% | 0% | - | 0% |
Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 0 | -2.96M | -10K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash from Financing | 103.96M | 593.86M | 314M | 603.32M | 123.1M | -77.75M | -96.54M | -155.61M | -124.96M | -125.14M |
Debt Issued (Net) | -117M | 298.54M | 324.42M | 633.34M | 233.16M | 80.26M | 93.83M | -3.21M | 37.31M | 39.02M |
Equity Issued (Net) | 220.99M | 0 | 0 | -1.66M | -7.79M | 15.42M | 0 | 1.91M | 0 | 0 |
Dividends Paid | 0 | 0 | -5.41M | -10.82M | -98.93M | -186.09M | -181.22M | -161.67M | -162.27M | -160.56M |
Share Repurchases | 0 | 0 | 0 | -1.66M | -7.79M | 0 | 0 | 0 | 0 | 0 |
Other Financing | 0 | 295.31M | -5.01M | -17.54M | -3.34M | 12.66M | -9.14M | 7.37M | 0 | -3.6M |
Net Change in Cash | 8.52M▲ 0% | 45.14M▲ 429.6% | 74M▲ 64.0% | -136K▼ 100.2% | 72.21M▲ 53194.1% | 131.23M▲ 81.7% | 78.14M▼ 40.5% | 26.66M▼ 65.9% | 10.49M▼ 60.6% | -20.98M▲ 0% |
Free Cash Flow | -95.44M▲ 0% | -548.72M▼ 475.0% | -240.02M▲ 56.3% | -602.09M▼ 150.9% | -51.09M▲ 91.5% | 208.86M▲ 508.8% | 175.03M▼ 16.2% | 182.79M▲ 4.4% | 134.85M▼ 26.2% | 102.85M▲ 0% |
FCF Margin % | -349.22% | -710.69% | -200.07% | -366.09% | -14.88% | 60.03% | 47.18% | 51.3% | 38.79% | 30.28% |
FCF Growth % | -4080.33% | -474.95% | 56.26% | -150.85% | 91.51% | 508.81% | -16.2% | 4.44% | -26.23% | -45.32% |
FCF per Share | -3.10 | -13.52 | -4.42 | -11.09 | -0.96 | 3.90 | 3.24 | 3.38 | 2.49 | 1.90 |
FCF Conversion (FCF/Net Income) | 1.70x | 3.03x | 3.04x | 11.02x | 1.32x | 1.11x | 1.46x | 1.55x | 1.80x | 1.36x |
Interest Paid | 61K | 0 | 35.95M | 37.08M | 49M | 0 | 112.53M | 105.11M | 0 | 0 |
Taxes Paid | 5K | 0 | 58K | 176K | 145K | 0 | 55K | 132K | 0 | 0 |
FLNG Key Ratios
FLEX LNG Ltd. (FLNG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | -2.87% | 1.75% | 2.04% | 0.97% | 18.81% | 20.93% | 13.68% | 14.23% | 9.81% | 10.36% |
Return on Invested Capital (ROIC) | -2.15% | 2.29% | 3.03% | 3.13% | 6.77% | 6.52% | 7.18% | 6.7% | 6.13% | 5.75% |
Gross Margin | -37.49% | 43.56% | 52.11% | 49.81% | 60.87% | 60.29% | 61.35% | 58.25% | 52.86% | 50.27% |
Net Margin | -38.08% | 15.26% | 14.14% | 4.93% | 47.23% | 54.05% | 32.35% | 33.02% | 21.52% | 22.26% |
Debt / Equity | 0.31x | 0.55x | 0.93x | 1.71x | 1.84x | 1.89x | 2.14x | 2.24x | 2.57x | 2.61x |
Interest Coverage | -43.41x | 1.66x | 1.51x | 1.20x | 3.89x | 3.46x | 2.10x | 2.12x | 1.81x | 1.78x |
FCF Conversion | 1.70x | 3.03x | 3.04x | 11.02x | 1.32x | 1.11x | 1.46x | 1.55x | 1.80x | 1.36x |
Revenue Growth | - | 182.52% | 55.38% | 37.09% | 108.83% | 1.3% | 6.64% | -3.95% | -2.44% | -4.2% |
Related:FLNG Dividend History·FLNG Revenue History·FLNG Price History·FLNG P/E History·FLNG Financial Ratios·FLNG Institutional Holders
FLNG Frequently Asked Questions
FLEX LNG Ltd. (FLNG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
FLEX LNG Ltd. (FLNG) reported $339.7M in revenue for fiscal year 2025.
FLEX LNG Ltd. (FLNG) saw revenue decline by 2.4% over the past year.
Yes, FLEX LNG Ltd. (FLNG) is profitable, generating $75.6M in net income for fiscal year 2025 (21.5% net margin).
Dividend & Returns
Yes, FLEX LNG Ltd. (FLNG) pays a dividend with a yield of 10.09%. This makes it attractive for income-focused investors.
FLEX LNG Ltd. (FLNG) has a return on equity (ROE) of 9.8%. This is below average, suggesting room for improvement.
FLEX LNG Ltd. (FLNG) generated $102.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.