Flex LNG (FLNG) Debt Ratio (2018 - 2026)

Flex LNG (FLNG) reported Debt Ratio of 0.7 for Q1 2026, up 3.8% on a YoY basis from 0.68 in Q1 2025, and little changed sequentially from 0.7 in Q4 2025.

Flex LNG (FLNG) Debt Ratio (2018 - 2026) Analysis & Trends

Flex LNG (FLNG) has 9 years of Debt Ratio data on file, last reported at 0.7 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 3.8% year-over-year to 0.7; the trailing twelve-month figure through Mar 2026 stood at 0.7 (up 3.8% YoY), and the FY2025 full-year result was 0.7, up 3.73% from the prior year.
  • Debt Ratio held at 0.7 in Q1 2026, 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 0.08 in Q3 2022.
  • A 5-year average of 0.64 and a median of 0.67 in 2024 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio slumped 86.7% in 2022 and jumped 682.63% in 2023, its largest moves.
  • Tracing FLNG's Debt Ratio over 5 years: stood at 0.64 in 2022, then climbed by 4.65% to 0.67 in 2023, then grew by 1.4% to 0.68 in 2024, then advanced by 3.73% to 0.7 in 2025, then gained by 0.03% to 0.7 in 2026.
  • Business Quant data shows FLNG's Debt Ratio at 0.7 in Q1 2026, 0.7 in Q4 2025, and 0.7 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 0.06
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 0.70
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 0.44
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 0.47
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 0.42
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.39
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 0.47
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 0.70
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 0.49
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 0.60

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 0.08
Jun 30, 2022 0.64
Mar 31, 2022 0.63
Dec 31, 2021 0.60
Sep 30, 2021 0.64
Jun 30, 2021 0.64