Flex LNG (FLNG) Debt Ratio (2018 - 2026)
Flex LNG (FLNG) posted Debt Ratio of 0.7 for Q1 2026, little changed sequentially from 0.7 in Q4 2025, and up 3.8% YoY from 0.68 in Q1 2025.
Flex LNG (FLNG) Debt Ratio (2018 - 2026) Analysis & Trends
Flex LNG has reported Debt Ratio for 9 years, with the latest figure at 0.7 in Q1 2026.
- Quarterly Debt Ratio rose 3.8% year-over-year to 0.7 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.7 (up 3.8% YoY) and the FY2025 annual result came in at 0.7, up 3.73% from the prior year.
- Debt Ratio held at 0.7 in Q1 2026 per FLNG's latest filing, from 0.7 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.7 in Q1 2026 and troughed at 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.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio plunged 86.7% in 2022, then soared 682.63% in 2023.
- Over 5 years, Debt Ratio stood at 0.64 in 2022, then increased by 4.4% to 0.67 in 2023, then gained by 1.4% to 0.68 in 2024, then increased by 3.73% to 0.7 in 2025, then grew by 0.03% to 0.7 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.7, 0.7, and 0.7 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.44 |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 0.48 |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.41 |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 0.46 |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 0.60 |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 0.48 |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 0.69 |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 0.50 |
| 10 | Flex LNG | 1.67 Bn | 1.28 Bn | 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 | 0.08 |
| Jun 30, 2022 | 0.64 |
| Mar 31, 2022 | 0.63 |
| Dec 31, 2021 | 0.64 |
| Sep 30, 2021 | 0.64 |
| Jun 30, 2021 | 0.64 |