Flex LNG (FLNG) Debt Ratio (2018 - 2026)
Flex LNG's (FLNG) quarterly Debt Ratio came in at 0.7 in Q1 2026, up 3.8% year-on-year from 0.68 in Q1 2025, and little changed quarter-over-quarter from 0.7 in Q4 2025.
Flex LNG (FLNG) Debt Ratio (2018 - 2026) Analysis & Trends
Flex LNG has disclosed Debt Ratio across 9 years of filings, most recently posting 0.7 for Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.7, up 3.8% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.7 (up 3.8% YoY), and the FY2025 annual result was 0.7, up 3.73% from the prior year.
- Debt Ratio came in at 0.7 for Q1 2026 at Flex LNG, roughly flat from 0.7 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.7 in Q1 2026 to a low of 0.63 in Q1 2022.
- The 5-year median for Debt Ratio is 0.67 (2024), against an average of 0.67.
- Across the five-year window, Debt Ratio jumped 200.11% in 2022 and decreased 0.55% in 2024, its largest moves.
- Flex LNG's Debt Ratio stood at 0.64 in 2022, then increased by 4.27% to 0.67 in 2023, then climbed by 1.52% to 0.68 in 2024, then climbed by 3.73% to 0.7 in 2025, then advanced by 0.03% to 0.7 in 2026.
- The last three Debt Ratio figures came in at 0.7 (Q1 2026), 0.7 (Q4 2025), and 0.7 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 0.47 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 0.42 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 0.44 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 0.47 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 0.14 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.60 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 0.71 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 0.47 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 0.39 |
| 10 | Flex LNG | 10,663.20 | -389.06 Mn | 61.79 Mn | 0.70 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.70 |
| Dec 31, 2025 | 0.70 |
| Sep 30, 2025 | 0.70 |
| Jun 30, 2025 | 0.69 |
| Mar 31, 2025 | 0.68 |
| Dec 31, 2024 | 0.68 |
| Sep 30, 2024 | 0.66 |
| Jun 30, 2024 | 0.67 |
| Mar 31, 2024 | 0.67 |
| Dec 31, 2023 | 0.67 |
| Sep 30, 2023 | 0.66 |
| Jun 30, 2023 | 0.67 |
| Mar 31, 2023 | 0.67 |
| Dec 31, 2022 | 0.64 |
| Sep 30, 2022 | 0.64 |
| Jun 30, 2022 | 0.64 |
| Mar 31, 2022 | 0.63 |
| Dec 31, 2021 | 0.63 |
| Sep 30, 2021 | 0.64 |
| Jun 30, 2021 | 0.64 |