Flex LNG (FLNG) Asset Utilization Ratio (2020 - 2026)
Flex LNG's (FLNG) quarterly Asset Utilization Ratio came in at 0.13 in Q1 2026, down 6.25% year-over-year from 0.14 in Q1 2025, and down 0.94% quarter-over-quarter from 0.13 in Q4 2025.
Analysis
Flex LNG (FLNG) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
Flex LNG has disclosed Asset Utilization Ratio across 7 years of filings, most recently posting 0.13 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 6.25% year-over-year to 0.13; the TTM figure through Mar 2026 stood at 0.13 (down 6.25% YoY), while the FY2025 annual figure was 0.13, down 1.61% from the prior year.
- Asset Utilization Ratio came in at 0.13 for Q1 2026 at Flex LNG, down from 0.13 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.14 in Q4 2024 to a low of 0.13 in Q1 2026.
- Average Asset Utilization Ratio over 5 years is 0.14, with a median of 0.14 recorded in 2023.
- Year-over-year, Asset Utilization Ratio soared 46.2% in 2022 and declined 8.23% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.13 in 2022, then climbed by 1.59% to 0.14 in 2023, then climbed by 5.71% to 0.14 in 2024, then retreated by 8.23% to 0.13 in 2025, then decreased by 0.94% to 0.13 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.13 in Q1 2026, 0.13 in Q4 2025, and 0.14 in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 0.47 |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 0.57 |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 0.74 |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 0.43 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 0.38 |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 0.28 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 0.32 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 0.46 |
| 10 | Flex LNG | 1.70 Bn | 1.31 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.13 |
| Dec 31, 2025 | 0.13 |
| Mar 31, 2025 | 0.14 |
| Dec 31, 2024 | 0.14 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | 0.14 |
| Sep 30, 2023 | 0.13 |
| Jun 30, 2023 | 0.13 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.13 |
| Sep 30, 2022 | 0.14 |
| Dec 31, 2021 | 0.14 |
| Sep 30, 2021 | 0.09 |
| Jun 30, 2021 | 0.07 |
| Jun 30, 2020 | 0.06 |