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
DateValue
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