Flex LNG (FLNG) Debt Ratio (2018 - 2026)
Flex LNG (FLNG) reported Debt Ratio of 0.7 for Q1 2026, up 3.8% year-over-year 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's Debt Ratio history runs 9 years deep, the most recent figure standing at 0.7 for 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 was 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.
- Median Debt Ratio over the past 5 years was 0.67 (2024), compared with a mean of 0.67.
- Across the five-year window, Debt Ratio soared 200.11% in 2022 and retreated 0.55% in 2024, its largest moves.
- Over 5 years, Debt Ratio stood at 0.64 in 2022, then grew by 4.27% to 0.67 in 2023, then advanced by 1.52% 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 0.47 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 0.44 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 0.42 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 0.47 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 0.71 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.60 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 0.47 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 0.83 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 0.65 |
| 10 | Flex LNG | - | - | 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 |