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| 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 | 0.08 |
| 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 |