Flex LNG FLNG
NYSE FLNG
$31.50 +0.22 (+0.70%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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